instant payments

Will Earned Wage Access Unlock FedNow Sender Adoption?
Will Earned Wage Access Unlock FedNow Sender Adoption?
July 30, 2024  |  Faster Payments

One year on, FedNow and instant payments are seeing a groundswell of interest and intention to speed up funds paid out to individuals. Taking stock...

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Instant Payments Book a Long Stay With Independent Hotels
Instant Payments Book a Long Stay With Independent Hotels
July 26, 2024  |  Real-Time Payments

Instant payments have become a mainstay for small to mid-sized businesses (SMBs) in the hospitality sector. For example, more hospitality SMBs used instant PayPal to...

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New Data: Insurance Industry Adopts Instant Payments Amid Rising Consumer Demand
New Data: Insurance Industry Adopts Instant Payments Amid Rising Consumer Demand
July 25, 2024  |  Money Mobility

Receiving insurance disbursements in a timely fashion can be crucial. This is especially true if the expense was unexpected and for a sizeable amount. That...

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Exclusive: Matera Builds on Pix Success With Digital Twins and QR Codes in US Expansion
Exclusive: Matera Builds on Pix Success With Digital Twins and QR Codes in US Expansion
July 23, 2024  |  Real-Time Payments

The eternal debate in financial services technology boils down to build vs. buy,  and whether to rip and replace core banking operations. Banks have invested...

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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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QIB Adds Request to Pay to Instant Payments Service
QIB Adds Request to Pay to Instant Payments Service
July 22, 2024  |  Faster Payments

Qatar Islamic Bank (QIB) has added a “request payment” feature to its instant payment service. The new feature, announced Monday (July 22), lets customers request a payment from...

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Brazil’s Central Bank Delays Launch of Pix Recurring Payments Feature
Brazil’s Central Bank Delays Launch of Pix Recurring Payments Feature
July 22, 2024  |  Real-Time Payments

Brazil’s central bank has delayed the launch of a recurring payments feature that will be added to its Pix instant payment system. The feature, Automatic...

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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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Matera Gets $100 Million to Expand Banking Software Footprint
Matera Gets $100 Million to Expand Banking Software Footprint
July 17, 2024  |  Digital-First Banking

Banking software provider Matera has landed a $100 million investment from growth investor Warburg Pincus.  The new funding, announced in a news release Wednesday (July...

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