article thumbnail

SWIFT To Open gpi To Blockchain Firms

PYMNTS

Payments messaging firm SWIFT will allow blockchain companies to connect into its global payments innovation (gpi) platform, SWIFT said in its latest report on the future of payments.

SWIFT 43
article thumbnail

Peru Taps Vocalink In Payments System Overhaul

PYMNTS

“The partnership is Vocalink’s first fully managed service in Latin America, which will ensure that we continue to provide our payments expertise long after we have implemented the new infrastructure,” said Vocalink CEO Paul Stoddart in the release. SWIFT has said it is working with 14 banks globally.

article thumbnail

Same Day ACH: Impacts At The Intersections

PYMNTS

23, the industry welcomed the rollout of ubiquitous faster payments to every consumer and business in the U.S. NACHA’s launch of Same Day ACH ushered in three settlement windows, enabling ACH payments to be received same day. via all banks and credit unions.

article thumbnail

FPC 2022 Fall Member Meeting

Faster Payments Council

stakeholders should be supporting and identify the challenges in building out the API features that are required for ubiquitous access. A robust information exchange framework with common standards and protocols is a step toward enabling e-invoices and e-remittances support for instant payment messages in the United States.

FPC 88
article thumbnail

ERP Data On The Front Lines Of Blockchain Adoption

PYMNTS

Real-time payments and reconciliation, the company added, could be a major boost to corporate cash management efforts, too. Further, blockchain, Finlync said, negates the need for participants to align with what the company described as “complex” payments messaging standards like ISO. A Realistic Approach.

article thumbnail

Collaborations Bringing Faster Payments Up To Speed

PYMNTS

Here’s a sneak peek: The ultimate goal, Waterhouse said, is ubiquity – namely, to make real-time payments mainstream. “We We clearly understand and recognize that, for this to work, it’s got to be ubiquitous like an ACH or check is,” Waterhouse said.

article thumbnail

Coming Together To Bring Faster Payments To Life

PYMNTS

The ultimate goal, Waterhouse said, is ubiquity – namely, to make real-time payments mainstream. “We We clearly understand and recognize that, for this to work, it’s got to be ubiquitous like an ACH or check is,” Waterhouse said. But it’s also got to bring value that’s way beyond just delivering money quickly.