Remove Interoperability Remove Request for Payment Remove Value Added Service
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U.S. Faster Payments Council Shares Results from 2025 Faster Payments Barometer

Fintech Finance

The results reflect growing adoption of the FedNow Service and RTP Network and an expanding array of use cases in both consumer and business contexts. However, challenges such as interoperability and fraud must be addressed to fully unlock the potential of faster payments.

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Real-Time Payments Go Beyond The Need For Speed

PYMNTS

But she added that “we do lose a lot when we talk just about speed.” Billings noted that corporate clients are also interested in the data that real-time payments can provide across a multitude of payment types, spanning requests for payments, remittances and other transactions. The Rails Themselves .

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Payments Rails, Laying New Tracks

PYMNTS

Mastercard’s Malhotra said that as the card networks work, “we actually make these payments process within the blink of an eye.” But speed is not enough, he added, as payment rails also need to include better data and widespread availability around the clock and interoperability that can support open use cases.