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Real-Time Payments Go Beyond The Need For Speed

PYMNTS

Banks have been playing catch-up with FinTechs in the bid to bring speed to their processes, especially when it comes to B2B payments. The conversation came across a backdrop of more than 50 real-time payment systems currently live around the world, although largely domestic and regional in nature. That said, the U.S.

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Real-Time Payments Successfully Gets Through Its First Test Drive

PYMNTS

was moved between accounts at two different banks (there was only one customer with two bank accounts) via RTP, the name for a new “Real-Time Payments” system set up by The Clearing House. The system sees some business actually attaching paper checks to account files just so they can match payment with bills.

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From Cash To Real-Time Payments

PYMNTS

Forty countries: That’s how many places either have real-time payments programs in progress or live. Along the way they dug into important data points that describe not only the current status of real-time payments , but the opportunities that could help spark further growth. That’s progress.

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Payments Provider Contis Teams With UK FinTech Ordo On Real-Time Payments

PYMNTS

European payments provider Contis is partnering with U.K.-based Contis works in real-time payments, while Ordo has been working to simplify the process of getting paid through safe bank transactions and automatic tracking for payments, the release stated.

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AppBrilliance Brings Real-Time Frictionless Payments to Closed Loop Digital Wallets With RTP & FedNow

Fintech Finance

AppBrilliance , a pioneer in real-time payment solutions with its cutting-edge Money API platform, is leveraging a recent rule change by The Clearing House to expand use-cases for Real Time Payments (RTP) to closed-loop digital wallets in the US.

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Past Lessons May Prove Invaluable For US Real-Time Payments Rollout

PYMNTS

Real-time payments initiatives are under way all across the globe, but there is little consistency across jurisdictions regarding how the financial services sector takes on the initiative or where each market is at in terms of progress in achieving real-time payments capabilities. In the U.S., In the U.S.,

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Using AI And Machine Learning To Make Payments Faster, Safer

PYMNTS

In a recent interview with PYMNTS, Chris Ward, executive vice president and head of product management for PNC Financial Services Group — one of the first banks to offer real-time payments to personal and business banking customers alike — said he believes the technology could be a game-changer in the U.S.

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