PYMNTS

NOVEMBER 27, 2019

According to Tom Halpin, head of payment products at HSBC , faster and real-time payment services don’t only provide the value of speed for corporate clients, especially in the context of cross-border transactions. Progress in Tackling Cross-Border Payments Friction.

ISO 20022 117

ISO 20022 Cross-Border Payments ISOs Real Time Payments 117

PYMNTS

DECEMBER 4, 2019

Not only does that figure represent the growing demand among businesses for faster, more agile and more transparent ways to move funds across borders, it also reflects the financial services industry’s willingness to embrace something other than legacy payment networks to facilitate that demand. HSBC Loops Into RTP.

B2B 52

B2B RTP Cross-Border FPC 52

PYMNTS

JULY 22, 2020

The opportunity to wield richer transaction data in real time has become a key focus for governments, central banks and financial service providers as they press forward in their real-time payment initiatives. In the U.S., adoption remains muted compared to other markets like the U.K. As real-time transacting proliferates in the U.S.,

Real Time Payments 90

Real Time Payments FedNow Payments Faster Payments 90

The Fintech Times

JULY 24, 2024

In fact, in 2023 , real-time payments only made up one per cent of all payments in the country. Up to this point, US financial institutions have relied on The Clearing House ‘s (TCH) Real-Time Payments Network (RTP), run by big banks. What is actually popular? It’s a tough choice.

FedNow 59

FedNow Instant Payments RTP Federal Reserve 59

PYMNTS

NOVEMBER 5, 2019

Jack Henry Associates announced last week that it has on-boarded an additional 15 financial institutions to The Clearing House’s RTP network in the latest sign of faster payments gaining traction in the U.S. A new report from the U.S. Overall, however, industry stakeholders widely agreed that the U.S.

Faster Payments 40

Faster Payments Interoperability FedNow ACH 40

PYMNTS

DECEMBER 26, 2018

By using account aggregation and payment initiation technology, banks and FinTechs alike can now offer users the ability to view their balances, make payments and receive tailored advice through their chosen channel or app, even if their actual accounts are held by another bank.

Cross-Border 51

Cross-Border Cross-Border Payments SWIFT Innovation 51