Fintech News

DECEMBER 6, 2023

● What role does data play in risk decisioning, and how can we ensure the right data at the right time, across the lifecycle? ● What are the main benefits of an AI-powered decisioning platform? ● What’s the best way to create an RFP for decisioning solutions?

APACS 117

APACS Risk RFP Risk Mitigation 117

Fintech News

JUNE 16, 2025

An RFP is also underway to select the Nexus technical operator that will be responsible for building and running the infrastructure. The post Nexus Empowers APAC Financial Institutions to Achieve G20 Cross-Border Payment Targets appeared first on Fintech Singapore.

Cross-Border Payments 79

Cross-Border Payments Cross-Border APACS ISO 20022 79

Core

MAY 18, 2023

Government agencies rely on request for proposals (RFPs), but that process can be lengthy and complicated as you work to ensure accuracy and completeness. It is not out of the ordinary for RFP complexity to cause delays and demand more time and government resources than initially allocated.

RFP 52

RFP Process Government Governance 52

Faster Payments Council

SEPTEMBER 23, 2023

The RFP Customer Experience Work Group selected consumer-to-business bill pay as an initial use case, producing industry standards focused on this goal. Participating organizations will share insights gained and how they will implement these standards to catalyze instant payments adoption with a streamlined RFP customer experience.

FPC 88

FPC Federal Reserve RFP Faster Payments 88

CB Insights

NOVEMBER 23, 2021

Workday has been growing organically, acquiring Zimit, Adaptive Insights, Scout RFP, and Peakon ApS in recent years. The company posted $4.3B Want the full post? The post Workday Acquires Contractor & Vendor Management System VNDLY For $510M In Cash appeared first on CB Insights Research.

Acquirers 63

Acquirers RFP Payroll Research 63

Core

APRIL 10, 2024

No need to send out requests for RFPs, read each RFP, or manage any back and forth between agency and potential vendors. Vetted contracting process Outside of the long and complicated RFP process, agencies that work with Sourcewell can also skip the complex task of vetting contracts with new technology partners.

Governance 52

Governance Government Process RFP 52

Fintech Finance

JANUARY 30, 2024

15% identified ‘Request for Pay’ (RfP) as a major profit opportunity. The panel commented that most bankers are missing a major opportunity for bank customers to request and send payments instantly using RfP, and as a result, miss the opportunity to automate invoices and bill payments through their digital banking experience.

FedNow 52

FedNow Instant Payments RFP Payment APIs and Integration 52

Finovate

APRIL 2, 2024

Narmi supports all of the FedNow offerings, including the ability to receive funds, send money to linked and external accounts, and request for payment (RFP). ” Photo by Pixabay The post Treasury Prime Taps Narmi to Offer Instant Payments appeared first on Finovate.

Treasury 52

Treasury Instant Payments FedNow Real Time Payments 52

FICO

MAY 18, 2016

The goal at this stage of the project was to document the entire process, simplify it, and create an RFP for a complete system redesign. The decision models were highly complex and the notation language helped the team to visualize all the key elements and scope the RFP process. Watch this short video about using DMN.

RFP 45

RFP Rules Assessments Process 45

Nanonets

DECEMBER 19, 2023

  💡 According Gartner: “ Sourcing and procurement leadership must invest in supplier risk management, digitalization, future of work and post pandemic recovery. See Nanonet’s blog article for the differences in RFQ vs. RFP.  Some eSourcing tools include automated vendor scoring and evaluation.

Request for Information 52

Request for Information RFP Best Practices Risk Management 52

Payment Savvy

MAY 16, 2023

The RTP Network enables real-time transactions for various use cases, such as B2B and P2P transactions, payroll, and Request for Pay (RfP) services. The post Instant ACH Transfers Online appeared first on My Payment Savvy. These transfers generally come with higher fees, making them less suitable for everyday transactions.

ACH 94

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

Fintech Finance

MAY 8, 2024

It highlights the importance of features such as Request for Payment (RfP) and standing approval, providing a robust foundation for seamless and secure transactions in the dynamic landscape of instant payments. The post U.S.

Faster Payments 52

Faster Payments FPC Payments RFP 52

Stax

SEPTEMBER 19, 2024

Metrics like churn rate, average order entry time, RFP win rate, % of orders delivered in time & in full, revenue, MOM profit margins, and more will help you develop a clear picture of how well your new QTC system is performing. QTC software for task allocation and updates Billing Invoice generation post-order completion.

Process 88

Process Automation RFP Disputes 88

FICO

SEPTEMBER 28, 2018

5 Things You Need to Include in Your PSD2/SCA Vendor Selection RFP or Solution Design. The post Will PSD2 and SCA Ruin Your Customer Experience? Join me and Scott Taylor — a Fraud Business Strategy Manager for FICO's communications services, who has worked in financial services for over 32 years — for our webinar to learn more.

RFP 53

RFP Compromise Non-Bank On-Demand 53

PYMNTS

APRIL 2, 2019

BD provides payers with information like amounts, due dates and posting dates, but not about payers’ linked bank accounts. They also provide request for payment (RFP) messaging that ensures eInvoice details, due dates and additional details are also immediately available, streamlining billing and payments in fields like utilities.

Real Time Payments 49

Real Time Payments RTP Payer Irrevocability 49

Finovate

OCTOBER 16, 2024

per RFP message, charged to the requestor. Photo by David Clarke on Unsplash The post How Banks Can Overcome 10 Challenges with FedNow Payment Sending and Acceptance appeared first on Finovate. Additionally, banks may be holding back because of the fees that come with participating in FedNow.

FedNow 59

FedNow Instant Payments Disputes Federal Reserve 59

FICO

JULY 13, 2020

Two months ago, I posted about why it is important for collections operations to adopt a forward-looking approach to debt management – basically the importance of having a clear and compelling vision. Amongst the many valuable articles that have been published during the pandemic was a posting by the Financial Conduct Authority (FCA).

Assessments 52

Assessments RFP On-Demand Consulting 52

The Fintech Times

DECEMBER 19, 2023

. “We’ll see fund managers turn to AI to enhance portfolio research, refine risk management strategies and automate routine but crucial tasks such as Due Diligence Questionnaires (DDQs) and RFP responses. “AI use will become a key competitive differentiator from both a bottom line and recruitment perspective. .

AI 78

AI Embedded Finance Due Diligence Finance 78

Nanonets

FEBRUARY 15, 2024

Documentation: Based on responses to the RFI, the team shortlists suppliers and sends out Requests for Proposal (RFP) to obtain detailed bids, including pricing, delivery timelines, and maintenance services. RFP Issuance: Action: Detailed RFPs are sent to the remaining 8 suppliers.

Finance 52

Finance RFP Agreements Automation 52

Center for Payments

MARCH 17, 2023

Its initial launch will include core clearing and settlement functionality and some key value-added features, such as a Request-for-Payment (RfP), and over time it will enhance features in subsequent releases to continue to meet industry needs. Even the Fed is pursuing its own phased approach to the release of the FedNow Service.

FedNow 40

FedNow Faster Payments Instant Payments Federal Reserve 40

Nanonets

SEPTEMBER 1, 2023

In this blog post, we delve into how FedNow could impact businesses and their vendor payment practices. Seamless Requests for Payments (RFP): Vendors can now submit precise bill requests, streamlining the validation and approval process with a simple click. This feature optimizes accuracy and expedites the payment process.

FedNow 52

FedNow Wire Transfer Federal Reserve ACH 52

Seon

JULY 27, 2023

The bank of the soon-to-be-paid employee sends back a request for payment (RFP) via the FedNow Service for the payer to confirm the transaction on their app. This is alongside small per-transaction fees, including those for the initial request for payment (RFP) messages. How much does it cost to do a FedNow transaction?

FedNow 40

FedNow Federal Reserve ISO 20022 Fraud Detection 40

CB Insights

JUNE 14, 2018

Nonetheless, the company posted a loss of $8.3M In its response to Toronto’s RFP for the development of the waterfront, Sidewalk Labs laid out an expansive vision. Co-Working & Co-Living Spaces. Common earned $6M in management fees in 2017, taking 30% of a building’s net operating income and 3% of gross rental income.

RFP 56

RFP On-Demand Technology Product 56

Bank Automation

MAY 15, 2025

Truists newest bill-pay solution taps The Clearing Houses (TCH) Real-Time Payments networks Request for Payment (RfP) tool. Consumers want simplicity, speed and safety when tracking their transactions, […] The post Truist rolling out Request for Payment capabilities with TCH network appeared first on Bank Automation News.

TCH 52

TCH Request for Payment RFP Real Time Payments 52