When regulators talk, the payments ecosystem listens. PYMNTS caught up with Kathleen Oldenborg, the OCC’s Director for Payment Systems Policy, to get her take on what a digital framework capable of securely supporting an ecosystem of real-time payments must look like from her perch. That...
When regulators talk, the payments ecosystem listens. PYMNTS caught up with Kathleen Oldenborg, the OCC’s Director for Payment Systems Policy, to get her take on what a digital framework capable of securely supporting an ecosystem of real-time payments must look like from her perch. That...
ACI Worldwide, which offers up real-time electronic payments, said on Tuesday (May 24) that it has been accredited in the U.K.’s Faster Payments Scheme, garnering a certificate of accreditation known as a “trust mark.” In a release, ACI said that the accreditation shows that it is part of...
Dwolla, a FinTech startup, has put in its faster payments proposal to the Federal Reserve-chartered Faster Payment Task Force, joining the more than 20 responses that have been submitted. This initiative, being led by the Fed’s task force, is being done in an effort to...
The world is getting faster, and payments are trying to keep up. In this month’s Faster Payments Tracker™, PYMNTS spoke with Steve Ledford, TCH’s Senior Vice President for Product and Strategy, and Russ Waterhouse, TCH’s Executive Vice President for Product Development and Strategy, about their...
The world is getting faster, and payments are trying to keep up. In this month’s Faster Payments Tracker™, PYMNTS spoke with Steve Ledford, TCH’s Senior Vice President for Product and Strategy, and Russ Waterhouse, TCH’s Executive Vice President for Product Development and Strategy, about their...
The Clearing House (TCH), the payments firm owned by commercial banks, said that, at the end of last week, it offered up a proposal alongside FIS to the Federal Reserve’s Faster Payments Task Force requesting evaluation of its real-time payments (RTP) system. In a press...
There is one topic of conversation that seems to dominate payments these days. Faster payments. It’s a conversation that prompts many questions and as many opinions on all sides of the issue. “Do we really need faster?” “Isn’t having better payments, well, better than faster...
U.K. SMBs want faster payments — but how many actually care? Well, according to a new online survey from YouGov and ACI Worldwide, 48 percent of U.K. SMBs are frustrated by how much delayed payments impact their business bank accounts. That research also provides some...