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The Clearing House On The Race for Real-Time Payments In The US

PYMNTS

Real time is getting ever closer to prime time. You’d be forgiven for thinking that faster payments might be the purview of the U.S. Federal Reserve, where details (a roadmap, really) of FedNow , the proposed instant payment system, were released earlier this month. But it might not be the Federal Reserve ’s doing.

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Why 2021 Will Be Real-Time Payments Break-Out Year

PYMNTS

It’s been three years since The Clearing House rolled out its Real-Time Payments (RTP) network, but Mark Ranta, payments practice lead at Alacriti, tells PYMNTS that 2021 will be the year FIs migrate to the technology in record numbers. Making Real-Time Payments A Reality. Here’s why. .

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Brazil Upgrades Real Time Payments Rails, Goes Live With PIX

PYMNTS

Real-time payments continue to gain traction around the world. The country’s banking system is giving an upgrade to its instant payments system. Called PIX , the new payment rails have been in the works for some time and launched last week. Case in point: Brazil. PIX has advantages over SITRAF.

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Real-Time Payments Steps Up To Fulfill Demand For Faster Funds

PYMNTS

The payments ecosystem now prizes quickness above all things in a time of cash flow shortages, where each paper check takes an eternity — assuming it arrives at all. It’s time to embrace it, especially for financial institutions (FIs) and adjacent players that intend to stay relevant in this market. We’ve evolved.

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The Push And Pull Of Real-Time Payments

PYMNTS

With real-time payments spreading throughout the world (perhaps more slowly than expected, but still spreading), the characteristics of pull payments mean they are likely to play only a marginal role. One of the many questions around real-time payments is what forms they will take as the pace of deployments heat up.

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Transcard Expands Into Canada With B2B and B2C Payment Orchestration

Fintech Finance

Transcard , a global leader in payments technology, is pleased to announce its expansion into the Canadian market. Transcard has successfully launched its first Canadian customer, Xodus Travel Services , leveraging the innovative SMART Suite for payment orchestration and adopting an enhanced digital payment experience.

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Real-Time Payments Go Beyond The Need For Speed

PYMNTS

The pandemic has exposed glaring points of friction in any number of verticals – including banking, where it’s apparent that legacy systems and processes were not designed to handle real-time anything, and certainly not payments. economy is proving to be a tailwind for faster payments and processes. That said, the U.S.