PayJunction

JULY 25, 2024

This will help streamline payments, improve cash flow, and help keep sensitive cardholder information secure. Welcome to PJ University, where we teach you how to use PayJunction like a pro. Our invoicing capabilities allow your customers to pay an invoice using their computer, smartphone, or tablet.

Request for Payment

Finextra

OCTOBER 23, 2024

Taking to the stage on the penultimate day of the AFP conference in Nashville’s Music City Center, were Netflix’s Joshua Karoly, The Clearing House’s Cheryl Gurz, US Bank’s Mike Thomas in a panel led by Strategic Resource Management’s Dean Nolan.

AFP

The Paypers

AUGUST 7, 2023

The Clearing House ’s RTP Network has announced the expanded availability of its Request for Payment (RfP) capability.

Request for Payment

The Paypers

NOVEMBER 17, 2021

US Bank has expanded its Request for Payment (RfP) services to help billers provide a better bill payment experience to customers.

Request for Payment

Faster Payments Council

JULY 20, 2020

The paper also explores how Request for Payment (RfP) messaging could bring the best of both models together to help transform the bill pay experience and the various barriers to adoption of faster payments in consumer bill pay.

Faster Payments

Fintech Finance

OCTOBER 17, 2024

Instant payments are expected to become the industry standard, particularly for recurring transactions such as bill payments. The growing adoption of request for payments is anticipated to further drive this shift, making instant payments the preferred method for financial services.

Instant Payments

Fintech Finance

AUGUST 15, 2024

It enables a faster way to move funds via new payment rails than traditional ACH, wire, or check. In addition to providing support for sending instant payments, Modern Treasury also supports the ability to access the “Request for Payment (RFP)” capability at a growing number of banks.

Instant Payments

PYMNTS

APRIL 15, 2020

The FTC stated that no government entity would call to ask for money or personal information like credit card numbers or Social Security numbers, adding that any requests for payment through services like Western Union or MoneyGram are almost certainly scams. On its website, the FTC breaks down the numbers of fraud cases by state.

FTC

PYMNTS

MARCH 14, 2019

Elsewhere, Forbes said, per an interview with Craig Ramsey, head of real-time payments (RTP) at ACI Worldwide, that 2019 will see “significant” strides in real-time payments. The year] 2019 is about Request For Payment (RFP). That is going to be a big driver [in new] services,” he said.

SWIFT

Axway

MARCH 13, 2023

On any given day, businesses exchange all types of data and documents with other businesses: a purchase order that creates an agreement for a sale, an invoice as a record and request for payment, and the list goes on. Considering …

B2B

PYMNTS

MARCH 16, 2018

Patent and Trademark Office released the patent application filed by American Express Travel Related Services Company, the payment technology firm’s travel unit, which outlines the use of blockchain technology to accelerate payments between two parties.

Faster Payments

PYMNTS

DECEMBER 20, 2017

Just as a track star chases faster, better run times, business owners want things — like their payments — to move faster, too, Ward noted. Real-time payments hold an even larger potential impact for businesses. and getting safer.

AI

PYMNTS

JUNE 18, 2019

When asked what other use cases might be considered low-hanging fruit for RTP, she said instant insurance claims payments and retail returns are within the immediate grasp of business payment adoption.

RTP

Fintech Finance

JULY 30, 2024

This breakthrough enables payment processors, retailers, and merchants to drastically reduce payment processing costs and boost customer loyalty with closed-loop wallet apps by integrating real-time payments over The Clearing House’s RTP and FedNow network rails from the largest banks in the US.

RTP

PYMNTS

NOVEMBER 18, 2020

Billings noted that corporate clients are also interested in the data that real-time payments can provide across a multitude of payment types, spanning requests for payments, remittances and other transactions. But she added that “we do lose a lot when we talk just about speed.” The Rails Themselves .

Real Time Payments

The Paypers

SEPTEMBER 27, 2023

Federal Reserve has released market practices to advance standardised implementation of the request for payment (RFP) feature of instant payments.

Federal Reserve

PYMNTS

JANUARY 13, 2020

That means the vast majority of businesses are at risk for an array of cybersecurity incidents, including the Business Email Compromise (BEC), which often sees fraudsters spoofing legitimate email addresses from vendors, and sending seemingly real requests for payment.

B2B

PYMNTS

NOVEMBER 14, 2017

The first transaction, in addition to moving funds, also carried data in an invoice-like fashion to accompany requests for payments which are irrevocable. All in all, the transfer took three seconds — as opposed to the hours or days more typically associated with an ACH transfer.

Real Time Payments

PYMNTS

OCTOBER 14, 2020

Our partnership with Contis means that even more businesses and their end customers can quickly start to benefit from Ordo's revolutionary open banking enabled Request for Payment service, lowering costs, improving efficiency and delivering simpler and safer payments for end customers," he said, according to the release.

Real Time Payments

PYMNTS

JANUARY 26, 2021

Waterhouse said the big evolution for the year ahead will involve taking what are now typically debit transactions like check or automated clearing house (ACH) debit and migrating those to the RTP network combining a Request for Payment (RfP) with a consumer authenticated RTP payment.

Real Time Payments

Finovate

APRIL 25, 2024

Features Ensure irrevocable, instant inbound settlement with Request for Payment feature Reduce fraudulent funding risks associated with ACH and debit card loads Focus on high-impact, real-time payment use cases with seamless API integration Who’s it for?

Credit Union

PYMNTS

OCTOBER 1, 2019

One key example Ramsey cited is the request for payment, an offering that he said is actively being promoted across several faster payment schemes. To get faster payments to truly take root, Ramsey said, merchants must be actively involved. There are, however, some speed bumps that need navigation.

ISO 20022

PYMNTS

JANUARY 25, 2019

The rail was built on the ISO 20022 messaging standard, which sends data and payments together. The ability to send a request for payment via RTP can help smooth reconciliation, he noted. . Leveraging requests for payment could really help in those situations.” .

Real Time Payments

PYMNTS

AUGUST 10, 2020

Looking ahead, Waterhouse said that by the end of the year, RTP may see as many as 300 or 400 non-TCH member banks offering real-time payments functionality and the results of a proof of concept for bill payments that Waterhouse said could drive “explosive” growth.

Real Time Payments

The Fintech Times

OCTOBER 19, 2024

Broadridge’s Instant Payments Service utilises the Swift Alliance Gateway Instant (AGI), which offers a highly resilient infrastructure designed specifically to support instant payment messages, connecting with SwiftNet Instant to offer 24/7 availability and continuous and efficient exchange of instant transactions.

Instant Payments

PYMNTS

NOVEMBER 18, 2019

Looking at the two types of merchants — online or physical stores — he said real-time payments are less likely to gain traction in a brick-and-mortar setting, at least on the consumer side of the equation. The Corporate Case.

Real Time Payments

PYMNTS

FEBRUARY 3, 2020

The majority of businesses are at risk for an array of cybersecurity incidents, including the business email compromise (BEC) scam, which often sees fraudsters spoofing legitimate email addresses from vendors, and sending seemingly real requests for payment. .

Scams

PYMNTS

MARCH 7, 2018

A request for payment to get a new card is a sign of a possible scam. But as the new Medicare cards start being mailed, there might be an uptick in related scams. The FTC gave a few tips for how consumers can protect themselves from any theft, such as remembering that the new Medicare cards are completely free.

FTC

The Paypers

SEPTEMBER 16, 2021

BNY Mellon and Citi have collaborated with Verizon to be one of the companies to send request-for-payment messages to consumers who bank with Citi.

Request for Payment

Faster Payments Council

SEPTEMBER 17, 2019

We were able to point out that our Regulatory, Directories, and Fraud Work Groups will be tackling these and other relevant topics in their upcoming work efforts.

FPC

PYMNTS

NOVEMBER 2, 2018

As many as 28 percent said they would proceed with requests for payment done via email and would not call suppliers to confirm the transactions. Only 5 percent would pay someone who showed up at their home offering trade services that needed to be “urgently” performed on the residence.

Ransomware

The Paypers

MARCH 15, 2018

(The Paypers) The Electronic Payments Association has announced the launch of its new Request for Payment program.

NACHA

PYMNTS

MARCH 12, 2020

And while a SMBs might adopt a tool like Zelle or RTP for the sake of meeting their consumers’ payment needs, Reuter said SMBs find significant value in key features like Request For Payment to be able to streamline receivables and obtain a holistic view of incoming cash flows.

RTP

The Paypers

SEPTEMBER 10, 2019

(The Paypers) PayU India has launched a multi-functional mobile app to help merchants track their businesses on the move and request for payments.

Request for Payment

Faster Payments Council

JULY 21, 2020

The bank bill pay model where the consumer interacts with its online/mobile banking platform to request a payment be sent to the biller's bank.

Faster Payments

PYMNTS

APRIL 11, 2018

Last month, NACHA announced it was launching a new initiative to make B2B ACH payments more efficient. The Request for Payment program uses the ISO 20022 messaging standard to facilitate eInvoicing and receive ACH payments that correspond to that bill. percent higher than similar volume reported in 2016.

ACH Network

Finovate

APRIL 2, 2024

Banks in the Treasury Prime network can offer their BaaS clients a real-time payments platform via Narmi’s FedNow service. 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).

Treasury