Fintech Finance

FEBRUARY 20, 2025

Eighty percent of respondents identified faster payments as a must have, with financial institutions leading the charge at 84%, said FPC Executive Director Reed Luhtanen. The results reflect growing adoption of the FedNow Service and RTP Network and an expanding array of use cases in both consumer and business contexts.

Faster Payments

PYMNTS

AUGUST 10, 2020

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. In other cases, stimulus payments were commingled with tax refunds, and were subject to garnishment.

Real Time Payments

PYMNTS

MARCH 14, 2019

The movement to bring blockchain to cross-border payments proceeds apace. I think that it’s really interesting, everything that’s gone on in the payments space around DLT.”. Once we get the merchants and the big institutions recognizing the benefits of RTP, then adoption will rapidly settle in. One caveat?

SWIFT

PYMNTS

NOVEMBER 18, 2020

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. In the United States alone, for example, The Clearing House’s RTP network serves 70 percent of all DDAs.

Real Time Payments

PYMNTS

OCTOBER 23, 2019

Adoption of any new payments service does not happen overnight. And when it comes to 24/7 real-time payments, adoption by businesses, and by consumers, will be pushed ahead use case by use case and transferring funds between accounts in minutes or seconds will gain traction. Tsunamis of change are built on waves.

Visa