The path to faster payments in the U.S. doesn’t have to be paved with a 500+ person task force analyzing what the world would look like if we were starting from a clean sheet of paper, competing propositions for who’s going to build and operate...
The tech giants in the P2P payments space are about to get competition from six top U.S. banks. Early Warning, a real-time payments, authentication and risk mitigation solutions provider, announced today (March 9) that Bank of America is now live in processing real-time P2P transactions through Early...
U.S. Bank announced yesterday (March 3) that it is going live on Early Warning’s clearXchange network to bring its customers real-time P2P payments. What this means is that U.S. Bank customers can now send money to, and request payment from, anyone across the country faster and...
With the shift to same-day and faster payments underway and millennials driving innovation, are there any potential losers with the change? In the third edition of the PYMNTS Faster Payments Tracker™, powered by NACHA, we interview Joe Proto, CEO and chairman of Transactis, about what’s...
With the shift to same-day and faster payments underway and millennials driving innovation, are there any potential losers with the change? In the third edition of the PYMNTS Faster Payments Tracker™, powered by NACHA, we interview Joe Proto, CEO and chairman of Transactis, about what’s...
ACI Worldwide has thrown its support behind The Clearing House (TCH) for its real-time payments system. The global payment and banking solutions provider gave its formal support yesterday (Feb. 16) in a news release that detailed the benefits of the real-time payments initiative that will...
With the majority of Americans keeping their money in depository accounts, are typically risk-averse banks paying too much attention to FinTech innovations like the blockchain? The second edition of the PYMNTS Faster Payments Tracker, powered by NACHA, shares why MPD Founder Dr. David S. Evans...
With the majority of Americans keeping their money in depository accounts, are typically risk-averse banks paying too much attention to FinTech innovations like the blockchain? The second edition of the PYMNTS Faster Payments Tracker, powered by NACHA, shares why MPD Founder Dr. David S. Evans...
Global payments system provider VocaLink announced Monday (Jan. 25) that it will enter into a new partnership in order to enable access to the Faster Payments Scheme for a number of U.K. financial institutions. “The collaboration marks a significant development for the retail banking sector,”...