Even as the economy has recovered, inflation and other economic pressures are continuing to create problems for businesses’ cash flow. Sixty percent of all businesses surveyed said cash flow is a top concern in the current business climate. Supply chain delays add to the problems and create an advantage for businesses...
Independent workers experience a greater degree of unpredictability than traditional employees due to the nature of gig economy jobs, making predictability in areas such as payment frequency all the more important. Especially among in-demand contractors and consultants, the ability to be selective about the jobs...
The RTP® network raised the bar for real-time payments with its $1 million transaction limit. In the "Real-Time Payments Tracker®," Corporate One Federal Credit Union CEO Melissa Ashley tells PYMNTS about other ways the limit increase is changing the game, from housing to cars to...
Forty-one percent of firms in the United States already use the RTP® network to send or receive payments. The recent increase of the network’s transaction limit from $100,000 to $1 million dramatically increases the utility of real-time payments on the network. The increase accompanies such...
We’ve got a long way to go before we see anything close to universal acceptance — or a shift to a corporate world awash in real-time payments — but a growing number of corporate treasurers and billing and payment executives are paying more attention than...
While real-time payments account for just 2% of all corporate payments sent and 1.3% of corporate payments received, the benefits of real-time payments are catching the attention of a growing number of corporate treasurers and billing and payment executives. Among those companies already engaged with real-time...
For the latest edition of "The Real-Time Payments Tracker," PYMNTS brought in executives from Payrailz and Jack Henry & Assoc. to learn how third-party organizations are enabling small and midsized FIs to offer competitive real-time payments options.
The number of faster payment options continues to proliferate — particularly for consumer use cases — but the RTP® network from The Clearing House is the only one of these options in the United States currently offering true real-time payments, where transactions are settled with...
Real-time payments are coming to Canada in 2023 as the country’s Real Time Rail (RTR) scheme gets switched on for a nation that’s been making good use of instant electronic transfers for two decades, offering a wealth of near-real-time experience to markets where real time is...
