Real-Time Payments

  • AP Firms Promote Card Acceptance, Speed For Suppliers

    November 19, 2019 The siloes between accounts payable (AP) and accounts receivable (AR) continue to come down as service providers recognize the importance of facilitating payment acceptance as much as the capabilities of ...
  • How ‘Me2Me’ Became FinServ’s New ‘Sticky’

    November 19, 2019 fintech banking loans mobile paymentsOnce upon a (very recent) time, if customers needed financial services of any kind, they went to their bank. From investing to storing funds to making payments, the bank offered ...
  • HSBC Launches Real-Time Payments For Businesses

    November 18, 2019 HSBC, RTP network, real-time payments, the clearing house, businesses, newsHSBC Bank has launched real-time payments capabilities on the RTP network that gives businesses the ability to pay and be paid immediately, the company said in a press release Monday ...
  • How Faster Underwriting, Credit Analysis Unlock Faster Loan Payments

    November 18, 2019 How Faster Underwriting Unlocks Faster LoansConsumers with poor credit and a lack of savings have few good borrowing alternatives when unexpected expenses arise. In the new Faster Payments Tracker, DecisionLogic CEO David Evans says real-time ...
  • Getting RTP’s Roadmap, Consumer Demand For It In Sync

    November 18, 2019 cross-border payments, RTPThe infrastructure is in place for real-time payments. Peer-to-peer (P2P) transactions are setting the stage for wider acceptance of paying bills and conducting commerce 24/7. Craig Ramsey, head of real-time ...
  • BELLIN Works With Deutsche Bank On Instant Payments

    November 17, 2019 BELLIN works with Deutsche Bank on instant paymentsBELLIN announced that it has successfully integrated support for SEPA real-time payments into its software solutions, with the help of Deutsche Bank. The integration complies with the specifications of the German ...
  • Commerce At The Speed Of Instant

    November 15, 2019 Commerce At The Speed Of InstantWhen the question is about how to do something better as we head into the 2020s, the answer is to make it faster, make it digital and make it easier ...
  • Can Real-Time Data Render Credit Scores Obsolete?

    November 15, 2019 The rise of faster peer-to-peer (P2P) payment services has had an unintentional ripple effect for businesses, banks and merchants. With customers able to send money to family and friends with ...
  • ‘Simple’ Will Be Instant Payments Breakthrough Innovation

    November 15, 2019 How to Instant Podcast SeriesWhen the history of the paper check is written someday, scholars will not note it was the best payments form, nor the fastest, cheapest or most beloved. Paper checks in ...
  • CreDec Adds Real-Time Payments To Xero

    November 14, 2019 Payment service provider CreDec is integrating real-time payments capabilities that will allow small and medium-sized businesses (SMBs) and their accountants to bypass bank portals and initiate payments from directly within ...
  • Faster Payments Readies Global Payroll For A Paradigm Shift

    November 14, 2019 Increasingly, the gold standard for payments is invisibility. Platforms and payment service providers are seeking digital, integrated payment experiences that are so seamless, neither the payee nor payer take much notice ...
  • Ingo Money Dives Into Real-Time Payments Ubiquity Challenges

    November 13, 2019 Faster payments continue to gain traction in the U.S., as service providers old and new introduce more options for consumer and business payers to move money quickly and, in some ...
  • Diamante Enables Real-Time Payments In Diamond Supply Chain

    November 12, 2019 diamondsDiamante Blockchain, a blockchain consortium exploring how the technology can address friction in the diamond supply chain, has introduced a B2B payments feature. A press release issued Tuesday (Nov. 12) said ...
  • FTC Head: Fed Needs Real-Time Payments Mechanism

    November 8, 2019 FTC Says Fed Needs A Real-Time Payment MechanismFederal Trade Commission (FTC) Commissioner Rohit Chopra wrote a letter to the Federal Reserve saying projects like Libra (Facebook’s proposed cryptocurrency) illustrate the need for the bank to develop a ...
  • Bottomline Results Show 17 Pct Digital Banking Subscription Growth

    November 8, 2019 Bottomline Sees 17 Pct Digital Subscription GrowthBottomline Technologies reported fiscal first-quarter results that showed continued traction in areas of digital banking and accounts payable (AP) technologies. In terms of headline numbers, consolidated revenues were up 5.6 percent ...
  • Bottomline: The Watershed Hurdles B2B RTP Must Clear

    November 8, 2019 Why Now Is The Time For B2B’s RTP MakeoverAs real-time payments (RTP) gain traction with consumers via peer-to-peer (P2P), the pump may be primed for business-to-business (B2B) transactions to follow suit. Bottomline Technologies Vice President of Product Management and ...
  • Creating Gig Economy Payments Trust Factor

    November 6, 2019 Qwil on instant payments and trustFinTech is on the march, and one area where progress is highly visible is in the growing gig economy ecosystem. There, online platforms match workers with employers as payments become ...
  • To Accelerate Payments, Mix Rails Or Nix Rails?

    November 5, 2019 Jack Henry Associates announced last week that it has on-boarded an additional 15 financial institutions to The Clearing House’s RTP network in the latest sign of faster payments gaining traction ...
  • Deep Dive: How Demand For Instant Payments Is Affecting Lending

    November 5, 2019 Drafting, applying and being approved for loans can be complicated and drawn out processes for consumers and business owners alike. Borrowers must often complete hefty amounts of paperwork before they ...
  • As P2P Payments Grow, More Consumer Groups Get Into The Mix

    November 4, 2019 As P2P Payments Grow, More Consumer Groups Get Into The MixP2P payment services are stretching their wings, headed into the new decade with mostly robust growth – and even some new plans to gain customers and keep a tight hold ...
  • How Open Banking Drives Real-Time Payments Traction

    November 4, 2019 Competitive forces in the payments and financial services sector have driven two key trends in the U.S.: the acceleration of payments, and the adoption of open banking frameworks. Both are key ...
  • The Rise Of Instant Payments In The Lending Industry

    November 4, 2019 Meeting consumer demand for faster disbursements can help lenders differentiate themselves within a sea of competition, but faster access cannot come at the speed of security. In the latest Disbursements ...
  • GIACT On Payments’ $29M Wire Fraud Wake-Up Call

    November 4, 2019 Last week, the U.S. subsidiary of Japan’s largest financial media organization, Nikkei, made headlines for the reason that no firm ever wants: The company was the victim of financial fraud ...
  • Trending: The Rise Of Instant Payments In Lending

    November 1, 2019 Ingo MoneyMore consumers want faster disbursements through digital channels for more complex financial transactions, and they want that functionality available now. Merchants and disbursements providers need to innovate quickly to stand ...
  • Payouts Network Serves Restaurant Workers’ Real-Time Tips

    October 30, 2019 Payouts Network, partnership, Priority Commercial Payments, instant payouts, fintech, newsMontana-based FinTech Payouts Network announced a partnership with Georgia-based Priority Commercial Payments in a press release Tuesday (Oct. 29). The partnership enables instant payouts instead of using checks or ACH to ...
  • Why Slow Payments Aren’t Necessarily Safer Payments

    October 30, 2019 As of late 2019, there are few people left who need to be talked into the “why” of instant payments — that case has already been well made. Ingo Money ...
  • Citi Explores The Real-Time User Experience

    October 30, 2019 Citi podcast on cross-border paymentsThe payments industry has been riding the wave of shifting consumer habits and demands, placing the end-user experience at the forefront of new products, services and infrastructure. Those users, both ...
  • Jack Henry’s Payments Hub Connects 15 FIs To RTP Network

    October 29, 2019 Jack Henry’s Payments Hub Connects 15 FIs To RTPThe Clearing House (TCH) reported that 15 Jack Henry & Associates financial institutions (FIs) will use JHA PayCenter to connect to the RTP network, TCH said in a press release ...
  • Instant Payment Adoption Soars Year Over Year

    October 29, 2019 Instant Payment Adoption Soars Year Over YearInstant payments are having a moment. Released last week, Zelle’s Q3 results show that its year-over-year payment values rose by 58 percent, while transaction volume increased by 73 percent. During the ...
  • RTP, Blockchain Gain Traction In Business Payments

    October 29, 2019 The Clearing House’s (TCH) Real-Time Payments (RTP) network received multiple shows of support from B2B FinTechs this week as service providers embrace the U.S.’s newest payments network in decades. But RTP ...
  • What eInvoicing Standardization Could Mean For AP Automation

    October 25, 2019 eInvoice on smartphoneAs the U.S. Federal Reserve continues to make headway in promoting faster and real-time payments innovation and adoption, the body is simultaneously exploring a less flashy, but perhaps no less ...
  • simPRO Taps Square To Power Field Service Payments

    October 24, 2019 Square Loses Biggest CustomerBusiness management cloud solutions simPRO announced that it is partnering with Square to provide payment processing options to field service professionals, according to a press release. The integration provides field service ...
  • B2B Cross-Border Payments Are Speeding Up

    October 24, 2019 B2B Cross-Border Payments Speed UpCross-border payments still present challenges, but the landscape is changing rapidly.  Swift recently announced that its gpi service can integrate with domestic real-time systems to facilitate rapid cross-border transactions. A trial ...
  • Multi-Bank Connectivity Puts The Pressure On Treasury Tech

    October 24, 2019 cross border paymentsFinancial institutions are investing significantly in embracing online banking and supporting a positive digital experience for their end-users. But when a multinational organization has dozens, or even hundreds of bank ...
  • Bottomline Tech Integrates RTP Functionality

    October 24, 2019 Bottomline Technologies has announced the expansion of its Digital Banking IQ suite with the launch of its Real-Time Payments (RTP) module, utilizing the RTP Network from The Clearing House. The ...
  • Top News In Payments: Zelle Transaction Volumes Reach $49B; WeChat Pay Launches New Smartphone Feature

    October 23, 2019 PYMNTS Top NewsIn today’s payments news, Zelle’s third-quarter results show that transaction volume increased by 73 percent. Also, Tencent’s WeChat Pay is launching a new payment function that allows people to transfer funds using a mobile ...
  • Western Union Opens Platform To Asia Affiliates

    October 23, 2019 Western Union Expands Cross-Border To AsiaGlobal payment services firm Western Union is expanding its cross-border platform into Asia, the company said in a press release on Wednesday (Oct. 23). The new partners can now offer users ...
  • B2B Finserv Embraces New Faster Payment Rails

    October 23, 2019 As the saying goes, if it isn’t broken, don’t fix it. But in payments, understanding whether something is broken in the first place — and, if so, how to fix ...
  • Mastercard: How Payment On Delivery, Request To Pay Will Ignite Real Time Payments

    October 23, 2019 The U.S. is readying for real time, as far as infrastructure is concerned. Mastercard hopes to spur B2B and C2B adoption of real-time transactions through, respectively, Pay on Delivery and ...
  • REPORT: Adoption Of Instant Payments For Disbursements Has Quadrupled In Three Years

    October 23, 2019 Everyone loves to get paid, but no one likes waiting to get paid. Waiting for checks to arrive in the mail, or for bank deposits to process, can be frustrating ...