instant payments

New Report: Instant Digital Disbursements Cut Through Government Red Tape
New Report: Instant Digital Disbursements Cut Through Government Red Tape
December 09, 2024  |  Money Mobility

What would a fully digital government payment system look like — and why does it matter? For citizens, government payments often mean waiting: waiting for...

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Swift: 1 Million ISO 20022-Formatted Messages Being Sent Daily
Swift: 1 Million ISO 20022-Formatted Messages Being Sent Daily
December 06, 2024  |  Payment Methods

With one year to go before the deadline to move to ISO 20022 for cross-border payments and reporting plus (CBPR+), more than 1 million ISO 20022-formatted...

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Update: Real-Time Payments Reach New Milestones Across the US and Beyond
Update: Real-Time Payments Reach New Milestones Across the US and Beyond
December 06, 2024  |  Real-Time Payments

Real-time payments took center stage in 2024, with groundbreaking milestones reshaping how money moves worldwide. From the United States expanding its payment networks to new...

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Solving for the Hundred-Trillion-Dollar B2B Payments Acceptance Problem
Solving for the Hundred-Trillion-Dollar B2B Payments Acceptance Problem
December 05, 2024  |  B2B Payments

In the B2B world, where deal sizes can soar into the millions, financial relationships are anything but straightforward. This makes B2B payments acceptance a complex...

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Higher Instant Payment Limits Test B2B ACH Volume
Higher Instant Payment Limits Test B2B ACH Volume
December 05, 2024  |  B2B Payments

For all transactions — but especially for high-value commercial payments — speed is always a consideration, alongside the costs of those transactions, as well as...

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The Clearing House Spikes Individual Transaction Limit to $10 Million
The Clearing House Spikes Individual Transaction Limit to $10 Million
December 04, 2024  |  Real-Time Payments

The Clearing House plans to raise its instant payment network’s individual transaction limit. Starting next year, the RTP® Network will allow individual transactions of up...

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Treasury Official: US Promotes Innovation and Regulatory Frameworks for Cross-Border Payments
Treasury Official: US Promotes Innovation and Regulatory Frameworks for Cross-Border Payments
November 22, 2024  |  Cross-border Payments

The U.S. is working to keep the dollar as the dominant currency in global usage at a time when new cross-border payment arrangements are emerging, Department...

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US Bank and One Inc Team to Accelerate Instant Insurance Payments
US Bank and One Inc Team to Accelerate Instant Insurance Payments
November 21, 2024  |  Partnerships

Insurance industry payments network One Inc has launched a partnership with U.S. Bank. The collaboration, announced Thursday (Nov. 21), integrates U.S. Bank’s money movement and banking...

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India Expanding X-Border Payment Connections With Neighbors
India Expanding X-Border Payment Connections With Neighbors
November 20, 2024  |  Cross Border Commerce

India’s central bank says the country is making mobile payment links with several countries. Reserve Bank of India (RBI) Deputy Governor T Rabi Sankar discussed those...

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