PYMNTS-MonitorEdge-May-2024

real time payments

Real time payments – also known as realtime payments, instant payments or immediate payments as electronic retail payment solutions that are available 24/7/365.

Instant Payments Have a Supply Problem, Not a Demand Problem
Instant Payments Have a Supply Problem, Not a Demand Problem
December 22, 2023  |  Real-Time Payments

Immediacy will always prove to be a winning concept — particularly within payments. Convenience, simplicity and security are three core pillars of today’s increasingly connected...

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The Infrastructure Challenge for Instant Payments in 2024
The Infrastructure Challenge for Instant Payments in 2024
December 22, 2023  |  Faster Payments

As the payments industry gears up for 2024, exciting transformations are on the horizon. Many, in fact, are already here. And for those transformations that...

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NexPay Teams With Flagright for Faster Student Payment Processing
NexPay Teams With Flagright for Faster Student Payment Processing
December 21, 2023  |  Partnerships

Student payment FinTech NexPay partnered with Flagright to improve its real-time payment processing capabilities. Australia-based NexPay lets study abroad students pay in local currencies, with...

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Why 2024 Will Be ‘Tipping Point’ for Instant Payments
Why 2024 Will Be ‘Tipping Point’ for Instant Payments
December 21, 2023  |  Real-Time Payments

Consumers want instant payments, and businesses are finally gearing up to deliver them. As Ingo Money CEO Drew Edwards told Karen Webster, 2024 can be...

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Plaid Says Consumers Ready for Real-Time Payments Change
Plaid Says Consumers Ready for Real-Time Payments Change
December 21, 2023  |  Faster Payments

Mollie Curran, payments lead at Plaid, said a sea change is ahead for instant payments and for widespread adoption across a range of use cases....

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Why Instant Payments Will Go Viral With Each New ‘Aha’ Moment
Why Instant Payments Will Go Viral With Each New ‘Aha’ Moment
December 20, 2023  |  Faster Payments

Jon Budd, CEO of Juniper Payments, a PSCU company, said instant payments, over the long term, will see a blossoming of use cases and demand...

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Visa: Orchestration Layers and Aliases Pave the Way for Instant Payments Ubiquity
Visa: Orchestration Layers and Aliases Pave the Way for Instant Payments Ubiquity
December 20, 2023  |  Faster Payments

Ruben Salazar, senior vice president and global head of Visa Direct, told Karen Webster that the transition from traditional, ACH transactions toward faster payments is...

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Businesses Can Hone Competitive Edge With Instant Payments
Businesses Can Hone Competitive Edge With Instant Payments
December 20, 2023  |  Faster Payments

Irfan Ahmad, managing director and head of U.S. payments GTS at Bank of America, said instant payments will get a lift from some of the...

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High-Income Consumers Tap Pay-by-Bank Payments for Subscription Bills
High-Income Consumers Tap Pay-by-Bank Payments for Subscription Bills
December 19, 2023  |  Subscriptions

Account-to-account (A2A) payments are catching on for subscriptions, especially among high-income consumers. By the Numbers The report “Tracking the Digital Payments Takeover: Consumer Familiarity Controls...

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