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Real-Time Payments Move Past Early Adopters

PYMNTS

The tipping point toward real-time payments’ ubiquity might be closer than many observers think, Mark Ranta , payments practice lead at FinTech Alacriti , told PYMNTS in a recent interview. And beyond TCH and RTP, the Federal Reserve’s FedNow real-time payments solution looms.

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ACI Worldwide Adds More Digital Overlay Services For Contactless B2B Payments

PYMNTS

ACI Worldwide , which provides electronic payment and banking solutions, has added new digital overlay services that it says will help to speed up real-time payments, according to a press release. And, there will be flexible person-to-person (P2P) services with added layers of security authorizations.

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Real Time Heats Up In B2B, While Blockchain Gains Traction

PYMNTS

That includes advancements in Canada's upcoming Real-Time Rail, as well as adoption by Transcard of Mastercard's Track Business Payment Service to facilitate real-time, account-to-account transfers for businesses. Canada Taps Vocalink for Real-Time Rail.

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Australia’s New Payments Platform Invites Startups Via API

PYMNTS

New Payments Platform (NPP) Australia , the nation’s real-time payments service that went live earlier this year, is now seeking collaboration from FinTech firms and developers through the launch of a developer sandbox. “We see APIs as a big part of the overlay service,” he told the publication.

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APIs Help FIs Keep Pace With B2B Clients’ Faster Payment Needs

PYMNTS

Banks offer third-party providers APIs that can be used to develop services for mutual clients, for example, enabling FIs to offer wider arrays of solutions. The benefits of APIs for instant payments [are] huge,” said Charlotte Hausemer, vice president of innovation and product management for trade and treasury solutions at BNP Paribas.

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Activist Investor Starboard Mulls ACI As Potential M&A Prey

PYMNTS

Earlier this month, ACI partnered with Mastercard to expand real-time, multi-channel payment solutions worldwide. Over the summer, ACI announced that it was implementing digital overlay services to speed up real-time payments.

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US Banks Are ‘Conflicted With Worries’ as Demand for Instant Payments Grows; Reveals RedCompass Labs

The Fintech Times

Overall, a huge 98 per cent of US banks surveyed plan on monetising their real-time payments service and 87 per cent of respondents plan on passing costs to their corporate clients. Instant payments reduce company failures, and late payments. Hewson also added: “There is no going back.