FedNow

Bank of America: Collaboration and Innovation Will Drive the Future of Payments
Bank of America: Collaboration and Innovation Will Drive the Future of Payments
May 31, 2024  |  Payments Innovation

Payments modernization, depending on the financial services company, will be synonymous with upgrades. But it also needs to be synonymous with innovation, collaboration and business...

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Real-Time Payments Set to Soar in US With Cloud Solutions
Real-Time Payments Set to Soar in US With Cloud Solutions
May 03, 2024  |  Real-Time Payments

Real-time payments continue their rapid expansion worldwide, bolstered by widespread support from banks, corporations and governments alike. This edition of the “Real-Time Payments World Map”...

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Are Real-Time Payments Near an Inflection Point? Bank of America Thinks So
Are Real-Time Payments Near an Inflection Point? Bank of America Thinks So
May 02, 2024  |  Real-Time Payments

Use cases for real-time payments have never been a source of argument, even among detractors. The ability to speed bill payment and peer-to-peer flows, as...

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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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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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Experts Weigh FedNow’s Role in ‘Mainstreaming’ Instant Payments
Experts Weigh FedNow’s Role in ‘Mainstreaming’ Instant Payments
April 01, 2024  |  Real-Time Payments

Drew Edwards, CEO of Ingo Payments, and Doug Brown, president of NCR Voyix, told PYMNTS’ Karen Webster that the new instant payments rails will eventually go mainstream now...

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Real-Time Payments Need Orchestration Layer to Solve Interoperability Gap
Real-Time Payments Need Orchestration Layer to Solve Interoperability Gap
March 11, 2024  |  Faster Payments

The financial landscape is rapidly evolving in an era of faster payments, presenting a blend of opportunities and setbacks. One of the major hurdles that...

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Banks Say Better to Be Proactive Than Reactive When Making Payments Real Time
Banks Say Better to Be Proactive Than Reactive When Making Payments Real Time
March 07, 2024  |  Faster Payments

Faster payments solve many traditional pain points endemic to legacy payment methods. But although several hundred financial institutions (FIs) have signed on to the two...

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The Ten Second Rule: EU Mandates Instant Payments Availability
The Ten Second Rule: EU Mandates Instant Payments Availability
March 01, 2024  |  Real-Time Payments

Real-time payment systems continue to see strong usage worldwide. One of the most significant developments is the European Council’s new rule to enable instant payments...

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