Payment Savvy

MAY 16, 2023

Instant ACH transfers are a modern innovation in digital payments, allowing for near-real-time movement of funds between bank accounts. Unlike traditional ACH transfers, which can take several days to process, instant ACH transfers significantly reduce the waiting time, making funds available to recipients within minutes.

ACH 94

ACH Same Day ACH Direct Deposit Consumer Financial Protection Bureau (CFPB) 94

Finance Magnates

MARCH 26, 2023

The second factor is the near real-time settlement between the two financial institutions that were doing the remittance (i.e. MICRO-PAYMENTS: Yes, the world will finally have a micropayment setup. One that allows micro-payments in multiple currencies. Even Bitcoins. Well, what do you think?

Cross-Border 52

Cross-Border Suspicious Activity Report (SAR) Money Laundering SARS 52

PYMNTS

AUGUST 1, 2019

Interoperability initiatives are making headway in the private sector, as well, with global interbank messaging giant SWIFT propelling interoperability by allowing blockchain firms to make use of SWIFT global payments innovation (GPI) for near real-time payments.

Cross-Border Payments 43

Cross-Border Payments Cross-Border Interoperability Electronic Funds Transfer (EFT) 43

Segpay

JUNE 25, 2024

Transaction Settlement : The PSP or intermediary ensures that the funds are settled between the customer’s and merchant’s banks, typically through the banking system’s clearing and settlement processes. Faster Settlement : Pay by Bank transactions often offer real-time or near-real-time settlement.

Online and Mobile Banking 52

Online and Mobile Banking Payments Settlement Transactions 52

PYMNTS

JULY 24, 2017

Take faster payments. 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. Free” in exchange for “keeping deposits” sticky isn’t exactly setting the world on fire on the P2P side of payments.

Fed 47

Fed Faster Payments Ubiquitous Same Day ACH 47

PYMNTS

SEPTEMBER 6, 2018

The company said that the Blockchain World Wire can simultaneously clear and settle cross-border payments in near real time. The digital asset facilitates the trade, and supplies important settlement instructions.

SWIFT 40

SWIFT Payment Initiation Caps Cross-Border Payments 40

The Fintech Times

APRIL 15, 2025

Clients will be able to access funds on demand with weekend processing and extended same-day FX settlements, offering enhanced flexibility, speed and efficiency. Morgan will enable us to make 24/7, near-real-time payments across major global financial centres. This collaboration with Kinexys by J.P.

Deposit Account 100

Deposit Account Cross-Border Blockchain Accounts 100

Fintech Finance

APRIL 13, 2025

SwapAgent Ltd (“SwapAgent”), an LSEG Post Trade Solutions business, and Trafigura will be the first clients to open London accounts on the platform, marking the first time in the UK that companies will actively be using blockchain accounts for 24/7 real-time payments and cross-border transactions.

Deposit Account 59

Deposit Account Blockchain Cross-Border Accounts 59