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When Prelude Software was getting its start 30 years ago, fixing payments for insurance carriers meant solving for what EVP Bill Clausen called a “benign but important request,” which was finding a way to switch from pre-printed check stock to blank check stock. Get the...
Just two months post-launch, Australia's faster payments platform — New Payments Platform (NPP) — has already handled over five million transactions with FIs, ranging from the biggest banks to the smallest credit unions. PYMNTS caught up with NPP Australia CEO Adrian Lovney to talk about...
Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...
The Governance Framework Formation Team (GFFT) said Tuesday that it has completed a draft framework to create a new U.S. Faster Payments Council (FPC), eight months in the making. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
New data shows that the ACH Network processed 21.5 billion transactions valued at more than $46.8 trillion last year — an increase of 5.7 percent and 6.9 percent, respectively, over 2016. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The global music industry is expected to generate $57 billion in 2021. But those artists creating the songs can struggle to stay afloat while waiting for royalties. In the Faster Payments Tracker, Lyric Financial explains how it quickly provides royalty advances to cut the wait, with Same-Day ACH transfers in the U.S. and integrations...
Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...
Time-consuming compliance checks and complications tend to be a lag on movement of B2B cross-border payments - some $18.5 trillion of which are moved annually, but Brion Nazzaro, group compliance director of WorldRemit, says that time can be cut with online identity checks and steering...
