PYMNTS

AUGUST 7, 2020

For the Federal Reserve, real-time payments will take time — three or four years’ time, to be specific. The Fed is defining instant payments as a subset of payments in which an end user receives funds in near real time, with immediate interbank settlement of the payment also having occurred.

Fed 75

Fed Instant Payments FedNow Interbank Settlement 75

Finextra

JUNE 23, 2025

That means JP Morgan’s digital dollars can potentially interoperate with the broader crypto ecosystem – from decentralised finance platforms to other banks’ token networks – without needing a special private ledger or bespoke infrastructure. Stablecoins can settle payments in near real-time, at any time of day or night.

Embedded Finance 52

Embedded Finance Stablecoins Finance Payment APIs and Integration 52

PYMNTS

MARCH 28, 2017

A modernized system enables people or businesses to have access to the money in near real time. That type of ubiquity is required because it lowers the barrier to entry and allows for the interoperability to really manifest itself so that it can be a viable option for payments,” Maoloni explained. The Canadian Advantage.

Faster Payments 52

Faster Payments Payments Payment APIs and Integration Near Real-Time 52

The Fintech Times

OCTOBER 11, 2024

A bank could also enable their customers to use a fiat-backed token to purchase tokenised commodities or tokenised treasuries with near-real time settlement onchain. There is a growing ecosystem where tokenised real-world assets are being issued across multiple permissioned and public blockchain networks.

Payment APIs and Integration 52

Payment APIs and Integration Blockchain Near Real-Time Participant 52

PYMNTS

JULY 24, 2017

One such innovator recognized the vast commerce potential that could be unlocked if new technologies were used to move money and messaging between people in near real-time. His ask, at the time, was nothing more than to meet again once he rustled up some capital and a few like-minded innovators to further flesh out his idea.

Fed 47

Fed Faster Payments Ubiquitous Same Day ACH 47

PYMNTS

NOVEMBER 8, 2017

However, in its latest report, only a handful of existing real-time payments programs that support B2B transactions scored a 4 on the innovation scale, meaning the program “meets some features maximizing customer value.”. This scheme supports near real-time transactions and, like Denmark’s, operates 24/7.

Real Time Payments 40

Real Time Payments B2B Innovation Faster Payments 40

Fintech Labs Insights

AUGUST 20, 2015

Greater Interoperability. Near Real-Time Customization. RedCloud’s RedCloud 1 , launching in November, is a distributed, cloud-based platform used by banks and fintech companies to deliver the next generation of financial services. Features: Increased Speed.

Near Real-Time 22

Near Real-Time Interoperability Product FinTech 22

The Fintech Times

MARCH 26, 2024

Alternative payment methods and e-wallets are revolutionising how people transact, providing near real-time fund transfers. Moreover, as financial institutions, fintechs, and governments work to develop alternative payment methods and e-wallets, interoperability becomes crucial.

Innovation 59

Innovation Alternative Payment Methods Payments SWIFT 59

PYMNTS

JANUARY 6, 2020

Moss added that the biggest challenge for FIs and payment service providers will be interoperability between solutions to ensure that, regardless of what payment network a customer is using, transactions will process in near real time.

Community Banks 49

Community Banks Faster Payments Federal Reserve Small Business 49

PYMNTS

OCTOBER 1, 2018

No one will argue that things could be more efficient, that networks could be more interoperable or that standards should be more consistent globally. And what’s needed by all the parties that rely on them today to move money safely between them. And in the B2B payments arena, money that moves more transparently and quickly than it does now.

Bitcoin 85

Bitcoin Blockchain Cryptocurrency Innovation 85

PYMNTS

APRIL 21, 2016

The continued movement toward mobile commerce has placed increasing pressure on service businesses of all stripes — from lenders to retailers — to find out, in real time or at least near real time, which customers are “good” ones.

Authentication 41

Authentication Use Case Payment APIs and Integration Near Real-Time 41

CB Insights

APRIL 7, 2018

Additionally, game and VR engine maker Unity has announced a partnership with Autodesk to increase interoperability. In 2018, assembly lines are so lean they’re integrating a nearly real-time inflow of parts and assembling them as fast as they arrive.

Technology 78

Technology Blockchain On-Demand Automation 78

The Payments Association

FEBRUARY 17, 2025

Reduced administrative burden and environmental impact : By enabling interoperability across accounting systems and ecosystems, e-invoicing reduces the administrative burden and the environmental impact associated with other models. This is particularly important for payment providers who must adhere to compliance mandates.

Fraud Detection 88

Fraud Detection Payments Compliance XML 88