PYMNTS-MonitorEdge-May-2024

FedNow Service

AppBrilliance Opens Pay-by-Bank Options for Closed-Loop Digital Wallets
AppBrilliance Opens Pay-by-Bank Options for Closed-Loop Digital Wallets
July 29, 2024  |  Payment Methods

When The Clearing House amended its rules on digital wallets in early May, few in the industry paid much attention. After all, it was little more...

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FedNow’s First Year: Path to Critical Mass Requires Time and Education
FedNow’s First Year: Path to Critical Mass Requires Time and Education
July 24, 2024  |  Digital Payments

A year after its launch, the FedNow® Service, the instant payment service introduced by the U.S. central bank last July 20, has seen 900 banks sign...

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First the Launch, Then the Execution: FedNow Turns One
First the Launch, Then the Execution: FedNow Turns One
July 23, 2024  |  Real-Time Payments

It’s easy to generate buzz — harder to generate results. As PYMNTS continues to interview key executives about the first year of the FedNow® Service,...

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It’s the Network, Not the Rail: Ingo Payments’ Edwards Reflects on FedNow’s First Year
It’s the Network, Not the Rail: Ingo Payments’ Edwards Reflects on FedNow’s First Year
July 19, 2024  |  Real-Time Payments

Anniversaries are a time to reflect, evaluate and to anticipate what lies ahead. And so it is with the FedNow® Service, which celebrates a year...

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Instant Payments Versus Stablecoins: The Race to Rule Real-Time Transactions
Instant Payments Versus Stablecoins: The Race to Rule Real-Time Transactions
July 11, 2024  |  Payment Methods

The future of money movement is accelerating globally. With real-time payments on the U.S. RTP® Network and in Europe setting new usage records, and awareness...

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NCR Voyix Warns on Instant Payments Adoption Delays
NCR Voyix Warns on Instant Payments Adoption Delays
April 17, 2024  |  Real-Time Payments

Real-time payments have enjoyed optional status up to this point. But they are quickly becoming an essential competitive factor for financial institutions (FIs), especially in...

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Managed Services Give Banks End-to-End Look at Real-Time Payments 
Managed Services Give Banks End-to-End Look at Real-Time Payments 
April 05, 2024  |  Real-Time Payments

Laura Sullivan, senior product manager at Form3, told PYMNTS in an interview that as faster payments gain ground in the United States, fraudsters are lying in...

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Trustly and Cross River Bank Find Success With Instant Payment Adoption
Trustly and Cross River Bank Find Success With Instant Payment Adoption
April 04, 2024  |  Real-Time Payments

Trustly and Cross River Bank have expanded their collaboration in instant payments to include the FedNow® Service. With this addition, Trustly’s merchants will benefit from new capabilities to optimize...

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Looking to Capture the Real-Time Opportunity in B2B Payments? You’re Not Alone
Looking to Capture the Real-Time Opportunity in B2B Payments? You’re Not Alone
January 15, 2024  |  B2B Payments

The thing about traditional B2B payment methods is that they tend to be rather … traditional. That includes paper checks, which remain tied to 40% of...

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