RFP and Use Case - Payments Space

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

Fintech Finance

JULY 30, 2024

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. Eric Smith, AppBrilliance’s Founder and CEO.

RTP

RTP FedNow RFP Payment APIs and Integration

Modern Treasury Drives Growth of Instant Payments with Leading Banks

Fintech Finance

AUGUST 15, 2024

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. With the rise of new payment use cases and heightened customer expectations, the demand for faster payments in the U.S.

Instant Payments

Instant Payments Treasury RFP RTP

Nexus Empowers APAC Financial Institutions to Achieve G20 Cross-Border Payment Targets

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. What practical use cases and insights emerged from the ASEAN-5 implementation phase of Project Nexus? Ricky Lim : The most immediate use cases are person-to-person transfers and SME payments.

Cross-Border Payments

Cross-Border Payments Cross-Border APACS ISO 20022

TCH’s Waterhouse: Real-Time Payments’ 2021 Focus Is On Smarter, Safer

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. However, with U.S.

Real Time Payments

Real Time Payments RTP RFP TCH

FPC 2023 Fall Member Meeting

Faster Payments Council

SEPTEMBER 23, 2023

Few use cases have the potential for growing volumes as do commerce payments yet paying a merchant with a credit push transfer isn't easy. Thise session envisions the art of the possible for commerce use cases in the U.S. The panelists will offer unique perspectives from the Network, the RfP Sender, and the Consumer.

FPC

FPC Federal Reserve RFP Faster Payments

Beyond Onboarding: Maximising Customer Value through Risk Decisioning in APAC

Fintech News

DECEMBER 6, 2023

Pre-Collections and Collections Strategies: Predict potential defaults in advance and determine optimal treatment strategies and communication channels for customers.

APACS

APACS Risk RFP Risk Mitigation

P2P Payments Set The Stage For B2B RTP

PYMNTS

JUNE 18, 2019

RTP And RFP. 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. Among the value-added features lies the ability to have immediate and automated payment status updates.

RTP

RTP P2P B2B RFP

51% of Bankers Expect FedNow Payments to be Profitable within Three Years

Fintech Finance

JANUARY 30, 2024

The report covers how banks can seize the growth potential of B2B instant payments and delves into top use cases. 15% identified ‘Request for Pay’ (RfP) as a major profit opportunity. They cautioned against forcing fraud detection into batch-based systems that lack the capability for real-time prevention.

FedNow

FedNow Instant Payments RFP Payment APIs and Integration

U.S. Faster Payments Council Releases Consumer Bill Pay Research White Paper

Faster Payments Council

JULY 21, 2020

Results from the survey indicated that bill pay ranked as one of the top three use cases for both FIs and businesses with nearly 60% of respondents indicating it as a top priority. Given these findings, the FPC and Glenbrook positioned bill pay as the subject for a second round of qualitative research.

Faster Payments

Faster Payments FPC Research Consumer

Deep Dive: Billing And The Use Of Real-Time Payments

PYMNTS

APRIL 2, 2019

RTP adoption has since spread across myriad industries and uses cases, ranging from companies paying suppliers, each other and their consumers to government entities making payouts to firms or individuals. For billing companies, processing relatively low-value utility payments from countless users can be tedious.

Real Time Payments

Real Time Payments RTP Payer Irrevocability

Instant ACH Transfers Online

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. Wire Transfers Wire transfers, offered by companies like Western Union, can facilitate instant transfers between US bank accounts.

ACH

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

Pushing Payments, Far Afield, to Employees

PYMNTS

JUNE 4, 2017

These benefits can be applied to a wide range of one-time payment uses cases for employees, from travel and expenses to payroll to other reimbursements. If I were to put out an RFP,” he told PYMNTS, “those are the things that I’d be looking for.”.

Push-to-Card

Push-to-Card Payment APIs and Integration Payments Payroll

AI Impact in 2024: Predictions By INZMO, Toqio, Midaxo, DECTA, Alveo, Infosys, BlueFlame, Tax Systems

The Fintech Times

DECEMBER 19, 2023

“AI was experimented with in 2023 but the industry had not yet set clearly defined objectives, pre-identified use cases and coherent strategies. “AI use will become a key competitive differentiator from both a bottom line and recruitment perspective.

AI

AI Embedded Finance Due Diligence Finance

Everything You Need to Know about Procurement for Businesses: A Practical Guide for CFOs and Finance Leaders

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

Finance RFP Agreements Automation

Payments Space

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

Modern Treasury Drives Growth of Instant Payments with Leading Banks

Trending Sources

Nexus Empowers APAC Financial Institutions to Achieve G20 Cross-Border Payment Targets

TCH’s Waterhouse: Real-Time Payments’ 2021 Focus Is On Smarter, Safer

FPC 2023 Fall Member Meeting

Beyond Onboarding: Maximising Customer Value through Risk Decisioning in APAC

P2P Payments Set The Stage For B2B RTP

51% of Bankers Expect FedNow Payments to be Profitable within Three Years

U.S. Faster Payments Council Releases Consumer Bill Pay Research White Paper

Deep Dive: Billing And The Use Of Real-Time Payments

Instant ACH Transfers Online

Pushing Payments, Far Afield, to Employees

AI Impact in 2024: Predictions By INZMO, Toqio, Midaxo, DECTA, Alveo, Infosys, BlueFlame, Tax Systems

Everything You Need to Know about Procurement for Businesses: A Practical Guide for CFOs and Finance Leaders

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