Faster payments may be the future, but getting to the future is a step-by-step journey. And a big step is making sure that transactions and accounts from which funds flow are valid. PYMNTS spoke with Jeni Brantner, Vice President of Payment Operations at Royal Credit...
Some have said that with faster payments comes more fraud — and that fraud could be on the rise due to Same Day ACH. NACHA talked to the financial institutions who drive 66 percent of ACH volume and got quite a different story.
A widely used financial system with a settlement schedule two decades old. A multi-year effort to modernize and accelerate the process. A delicate balance between risk and reward. Sound familiar? The securities industry shares many of the challenges faced by NACHA, and Steve Stone, EVP of Operations at United...
On the job, the most effective tool for a construction worker could be a hammer or saw or even a nail gun. But in terms of getting paid and dealing with red tape, faster payments solutions may increasingly be just as essential. For February’s Faster...
With faster payments solutions increasingly in place, businesses are discovering new tools for exchanging money. 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,...
NACHA wants to quell any anxieties about the rollout of Same Day ACH, and the latest data from the payments group should breathe new confidence in banks that have adopted the technology. Get the Full Story Complete the form to unlock this article and enjoy...
NCR Corporation, a global leader in omnichannel solutions, announced that Bottomline Technologies has integrated Authentic, NCR’s intelligent transaction processing platform, into its Direct Faster Payment Service (FPS) solution. This new technology will allow U.K.-based financial institutions to connect securely to the Faster Payments network. Get...
The results are in. 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...
Who’s afraid of faster payments? Banks for starters. While the idea of delivering payments between parties at a considerably faster rate might sound appealing to businesses and consumers, traditional banks are still beholden to their risk-averse tendencies. Along with all the latest news in the...
