PYMNTS

OCTOBER 12, 2020

There is no dearth of faster payments initiatives — and no certainty that there will be one faster payments scheme to rule them all. Back in August 2019, he said, the Fed’s initial efforts had garnered roughly 200 responses tied to the Federal Register commentary period. Looking Toward Interoperability And Scale .

Instant Payments 97

Instant Payments FedNow Fed Interoperability 97

The Payments Association

MARCH 18, 2025

Open finance is transforming financial services by enabling broader data-sharing, fostering competition, and driving innovation in payments and financial products. As more jurisdictions refine regulations and expand open finance frameworks, the focus will shift to interoperability, consumer trust, and cross-industry data integration.

Finance 88

Finance Payment APIs and Integration Non-Bank Embedded Finance 88

PYMNTS

NOVEMBER 18, 2020

Panelists agreed that to get more adoption by stakeholders, banks must leverage real-time infrastructure to unlock value for corporate clients that moves well beyond the confines of simply being fast. Fifth Third’s Chayt said the need for speed might have gotten real-time payments initiatives off the ground, but that’s just a starting point.

Real Time Payments 98

Real Time Payments ISO 20022 Reconciliation Payments 98

PYMNTS

NOVEMBER 5, 2019

But it’s not the only new payment network securing attention this week in PYMNTS’ latest roundup of the payments rails ecosystem. Elsewhere, in Australia, industry body New Payments Platform Australia (NPPA) publicized its own plans to do exactly that: add integrated, value-added features to the payments platform.

Faster Payments 40

Faster Payments Interoperability FedNow ACH 40

PYMNTS

NOVEMBER 8, 2017

“Financial institutions need to be actively exploring use cases for real-time payments within their own organizations for meeting the requirement of their customers. Those who wait may find themselves left behind as the faster payments revolution takes hold.”. Not all real-time payments initiatives are created equal, though.

Real Time Payments 40

Real Time Payments B2B Innovation Faster Payments 40

The Fintech Times

JULY 24, 2024

Both offer similar services, but FedNow participants can transfer funds from their Federal Reserve master account, which means they have an extra pool of resources for liquidity management. RTP, on the other hand, is interoperable which allows third-party apps like Zelle to access and build products on.

FedNow 59

FedNow Instant Payments RTP Federal Reserve 59