Real-Time Payments
Most Recent
RTP Picks Up Pace With Corporates, While CBDCs Raise Banker Doubts
Thursday 14th January - 8:00 am
The Clearing House’s real-time payments offering, the RTP® network, continues to gather steam with financial institutions (FIs), FinTechs and their business customers in this week’s Payment Rail Innovation roundup. Plus, ...Wells River Savings Bank To Access TCH’s RTP Network
Tuesday 12th January - 6:03 pm
Wells River Savings Bank will gain access to the RTP® network built by The Clearing House (TCH) via SHAZAM, Inc., according to a Tuesday (Jan. 12) announcement from the Vermont-based ...Today In Payments Around The World: Checkout.com Lands $450 Million In Series C; Pakistan Rolls Out Instant Digital Payment System
Tuesday 12th January - 5:23 pm
In today’s top payments news around the world, Checkout.com has brought its valuation to $15 billion after the closing of a $450 million Series C funding round, while Pakistan has ...B2B Payments Firm Modern Treasury Lands $38 Million
Tuesday 12th January - 4:23 pm
Payment operations software company Modern Treasury raised $38 million through an Altimeter Capital-led Series B funding round, according to a Tuesday (Jan. 12) announcement.
The company says the infusion came during “explosive ...The Instant Payments Divide: How Lenders Can Use Disbursements To Create Lasting Trust
Tuesday 12th January - 10:00 am
The lending industry was hit hard during the pandemic’s early months, with many banks and traditional lenders rapidly adjusting their standards and rates to accommodate businesses’ and consumers’ shifting needs. ...Digital Shift Leads Mastercard To Take Contactless Payments To The Cloud
Tuesday 12th January - 4:03 am
If the sky’s the limit for contactless payments, which the pandemic has certainly shown, and if the technology is deployed across mobile devices … then it makes sense to move ...Pakistan Launches Payment System To Boost Financial Inclusion
Monday 11th January - 6:04 pm
Pakistan has debuted a government-run instant digital payment system to help with financial inclusion and government revenue, Reuters reports.
Pakistan has the distinction as a country where only some economic transactions ...How One Community Bank’s RTP Journey Offers A Path For Others
Monday 11th January - 3:46 pm
Legacy banks and financial institutions (FIs) keep scrambling to add new consumer-centric bank tech and digital experiences that layer sizzling consumerization onto sluggish B2B payments.
PYMNTS’ latest Real-Time Payments Report done ...How The Pandemic Is Shifting Home Loan Disbursement Expectations
Monday 11th January - 9:30 am
The pandemic’s impacts on the financial and lending spaces are stretching into the new year, with both borrowers and lenders having adjusted how they approach loans in a world where ...Blockchain Unchained: Paxos CEO Sees Expanded Role For Token-Based Digital Assets
Monday 11th January - 4:00 am
Although blockchain technology and Bitcoin, its best-known inhabitant, have been around for 10 years, the world is just now entering a seismic transition from holding account-based assets to a system ...J.P. Morgan Looks Toward Payments Modernization
Monday 11th January - 4:00 am
The impact of the global pandemic on corporates’ digitization journeys has been undeniable. Whether businesses were establishing their modernization roadmaps for the first time or simply accelerating the plans they ...Keeping A Forward-Looking View In FinTech Adoption
Friday 8th January - 8:00 am
For many businesses, the sudden shift to a work-from-home model created chaos. Organizations large and small were forced to migrate to online and cloud-based solutions to keep operations moving, often ...New Year’s Resolution: The Clearing House Urges Banks To Become 24/7 Operations
Friday 8th January - 4:00 am
Whether it was helping small businesses get their PPP payments or convert to eCommerce, getting cash in the hands of workers delivering food, or accommodating digitized mortgage closing and escrow ...PrimeLending Taps AI To Digitize Loans, Speed Up Disbursements
Friday 8th January - 4:00 am
The pandemic is continuing to have a broad impact on the financial sphere at the start of the new year, with businesses as well as consumers adjusting their banking habits ...How Mexico’s Central Bank Plans To Move Payments To Digital
Wednesday 6th January - 4:00 am
In Mexico, the pandemic is moving the needle toward digital payments — specifically mobile payments — to become more widely embraced by businesses and consumers alike.
Slowly.
In an interview with PYMNTS’ ...Payment Rail Innovators Look Ahead Towards Digital Currencies, Faster Payments
Tuesday 5th January - 8:00 am
With payments innovation continuing to accelerate, a number of new initiatives are now underway across a range of payment rails. In Nigeria, that means improving upon the legacy of the ...Distributed Banking Gives Banks Opportunity To Redesign The Customer Experience
Tuesday 5th January - 4:03 am
One could say that the payments industry hasn’t ever met a buzzword it doesn’t like – or pass up an opportunity to take one or two words, throw in a ...Bank-FinTech Collaborations Set Stage For Real-Time Payments Expansion
Tuesday 5th January - 4:00 am
The financial services ecosystem has evolved to a state where traditional financial institutions (FIs) and FinTechs, which once had been vying for the mind share and wallet share of end ...B2B Payments 2021: Assessing The Gaps And Digital Opportunities
Tuesday 5th January - 4:00 am
Most businesses strive to expand, but expansion can come with growing pains. It can be particularly challenging for growing businesses to manage payment flows. Having inefficient payment operations can lead ...Riding Real-Time Rails Into 2021
Monday 4th January - 9:30 am
Real-time payments (RTP) are ready for their closeup, and decisions are happening behind the scenes now as banks and financial institutions (FIs) consider their RTP strategy for 2021.
PYMNTS December 2020 ...Indie Truck Drivers Steer FinTech Toward Cash Flow Innovation
Monday 4th January - 8:00 am
With online commerce driven to new heights last year, the supply chain and logistics sector was stretched to its maximum.
For independent truckers, the onset of the global pandemic was filled ...Deep Dive: How Small FIs Use Third Parties, Gradual Integrations To Guide New Payment Rail Adoptions
Thursday 31st December - 9:00 am
The demand for faster payments is growing as companies look for swift, data-rich ways to transact. One study from 2019 found that 54 percent of 120 financial executives listed real-time ...The Year In Data: Measuring 2020’s Payments Innovation
Thursday 31st December - 4:03 am
How We Will Pay: Home As The Consumer Command Center
This study showed that the home had become the consumer’s commerce command center as they changed their daily routines to do ...Seller Platforms And Digital Marketplaces Define B2B Payments For 2021
Wednesday 30th December - 8:00 am
The B2B payments ecosystem experienced a sudden and dramatic acceleration of change upon the onset of the global pandemic, and its impacts reach far beyond the mere digitization of the ...Cross River Bank On The Case For Direct RTP® Integration
Wednesday 30th December - 8:00 am
Small financial institutions (FIs) that directly integrate with real-time payments (RTP) must do more work than their counterparts that turn to third parties for RTP access. But the initial investment ...Mastercard’s Jess Turner: Pandemic Aside, Consumers Call The Shots
Wednesday 30th December - 4:02 am
If there’s a word that captures the state of financial services in 2020, it’s “acceleration.” Between the explosion of the digital economy driven by the pressures of the pandemic and ...Virtual Cards and Straight-Through Processing Set To Level B2B Playing Field
Wednesday 30th December - 4:00 am
Virtual cards and straight-through processing (STP) are poised to get more attention from buyers and suppliers as the pandemic recedes. As Nick Reid, director of B2B Partner Development at Conferma Pay, told ...What 36 Payments Executives Wish For The World In 2021
Wednesday 30th December - 4:00 am
It started with a simple premise. PYMNTS asked a cross-section of the companies we work with to give us their take on their wishes for the world as we approach ...Today In Payments: Coinbase Suspends XRP Trading; Amazon Delivered Record-Breaking 1.5 Billion Holiday Packages
Tuesday 29th December - 3:00 pm
In today’s top news, Coinbase has suspended XRP trading in the wake of the SEC’s lawsuit against Ripple, and Amazon delivered over 1.5 billion packages this holiday season. Plus, J.P. ...Deep Dive: A Digital Prescription For Treating The Medical Sector's Manual AR, AP Pains
Tuesday 29th December - 9:00 am
The healthcare sector has been put under a global microscope due to the pandemic, but many businesses in the industry are facing revenue losses despite high demand for COVID-19 care and increased telehealth use. Consumers ...Control Vs. Convenience Shapes Debate As FIs Adopt Faster Payments
Tuesday 29th December - 4:03 am
The benefits of instant payment services are gaining attention from companies that want to be able to transact with better visibility and cash flow information.
Enabling rapid-fire transactions to become the ...CFOs Navigate Season Of B2B Payments Change
Tuesday 29th December - 4:00 am
The B2B payments landscape has always been evolving, but change in the industry has never been more acute than right now.
With the pandemic forcing accounts payable (AP) and accounts receivable ...Virtual Account Numbers Facilitate International Digital Banking
Tuesday 29th December - 4:00 am
To serve eCommerce companies’ needs, as transactions continue to shift online, banking needs to go digital, too. In an interview with PYMNTS, Lilia Metodieva, managing director at Monneo, said virtual international bank ...How The Government Can Do Stimulus Checks Right The Second Time
Monday 28th December - 6:06 pm
When President Donald Trump signed the sweeping $900 billion pandemic relief bill into law on Sunday (Dec. 27), that put plans for stimulus payments to Americans into the headlines and ...52 Mondays 2020: The Year Of Speed, Scale And Seismic Shifts in Payments
Monday 28th December - 7:00 am
Looking back, when we take stock of what happened and sift through the chaos and heartbreak of the year that was, we’ll see the seismic shifts that took place in ...Payer Acceptance Of Consumer Choice Gives Instant Payments A Positive Outlook For 2021
Monday 28th December - 4:01 am
We’re ticking down toward the end of a year that defies adjectives at this point. In the financial services space, there have been pandemic-fueled developments as well as dramatic business ...Partnerships Drive B2B Payments Digital Transition
Monday 28th December - 4:00 am
The question is seemingly an eternal one in the business realm: build vs. buy. And as FinTechs continue to challenge banks, but also offer new opportunities within the B2B space, they’re advancing ...From BNPL to RTP, The Year In Payments Ends On Digital-First Note
Thursday 24th December - 4:02 am
It was a year in which consumers learned about new payment options and adopted them at a dramatic rate.
As the year closes, PYMNTS calls out six payment methods that gained ...Deep Dive: Why Freelancers Want Payment Flexibility And How Businesses Can Keep Up
Wednesday 23rd December - 9:00 am
The freelance economy is witnessing rapid growth in participation worldwide. One recent report found that 57 million freelancers are expected to operate in the U.S. in 2021, while additional research ...Payments Orchestration Helps Digital Goods Companies Make The Instant Sale
Wednesday 23rd December - 4:00 am
If there’s one universal truth amid the pandemic, it’s that we’re all binge watchers now. We’re all consumers of media, of content, of subscriptions — and we do it all ...AI, Automated Tools Root Out The Dental Industry's Insurance Payout Pains
Wednesday 23rd December - 4:00 am
Healthcare providers face uniquely complex payment flows. Firms in other sectors often provide goods and services to clients, then submit invoices and receive payments, but health clinics and hospitals go ...PayPal's Xoom Adds Real-Time Payments For Remittances To India
Monday 21st December - 8:51 pm
PayPal‘s Xoom, an international money transfer service, has integrated with NPIL’s/NPCI’s Unified Payments Interface (UPI) to offer inter-bank transactions in India, according to a press release.
The release stated using Xoom ...Getting Stimulus Disbursements Right In The Next Round
Friday 18th December - 11:30 am
As an incoming White House administration and lawmakers talk imminent stimulus relief, consumers and financial institutions (FIs) are feeling mostly anxiety, between dire economic reality on the one hand and ...Today In Digital-First Banking: Fiserv To Buy FinTech Ondot Systems; ESL Federal Now Live On RTP Network
Thursday 17th December - 3:24 pm
In today’s top news in digital-first banking, Fiserv has signed a definitive deal to purchase Ondot Systems, while Welcome Technologies has chosen payments credit union service organization (CUSO) PSCU to provide ...Real-Time Payments Go Live At ESL Federal Credit Union
Thursday 17th December - 10:46 am
ESL Federal Credit Union, through a team effort with other organizations, has gone live with real-time payments on the RTP network. ESL has more than 374,000 members and 11,400 businesses ...
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