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.

Two-Thirds of Manufacturers Plan More Real-Time Payments Features Within 12 Months 
Two-Thirds of Manufacturers Plan More Real-Time Payments Features Within 12 Months 
September 22, 2023  |  Real-Time Payments

The pivot toward real-time payments is sweeping what might be the most “smokestack” of the some-stack verticals within the economy. That would be manufacturing, of...

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Varo Unveils Instant Payments to Anyone With US Debit Card
Varo Unveils Instant Payments to Anyone With US Debit Card
September 21, 2023  |  Real-Time Payments

Varo Bank introduced Varo to Anyone, the digital bank’s free instant payment service. The service allows for payments from Varo Bank accounts insured up to...

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US Bank Debuts Online Treasury Solution/Payment Marketplace
US Bank Debuts Online Treasury Solution/Payment Marketplace
September 21, 2023  |  Banking

U.S. Bank has introduced an online third-party payment/treasury solution marketplace. The bank’s Connected Partnership Network, announced Thursday (Sept. 21), helps corporate treasury teams easily identify...

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Temenos and IBM Team to Help Banks Modernize Payments
Temenos and IBM Team to Help Banks Modernize Payments
September 20, 2023  |  Partnerships

Banking software platform Temenos is now part of IBM’s Cloud for Financial Services. Temenos said its payments hub is the first dedicated payments solution on...

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Enterprise Retail Warms to Real-Time Payments for Vendors
Enterprise Retail Warms to Real-Time Payments for Vendors
September 20, 2023  |  Real-Time Payments

The retail sector increasingly prefers real-time payments for their business-to-business (B2B) payments. Virtually all large firms in this sector used real-time payments at least once...

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ACI Worldwide Powers Real-Time Payments for Microsoft Azure Clients
ACI Worldwide Powers Real-Time Payments for Microsoft Azure Clients
September 19, 2023  |  Real-Time Payments

ACI Worldwide is working with Microsoft to help financial institutions provide faster instant payments. The payments software firm announced the collaboration Tuesday (Sept. 19), saying it would speed instant transactions...

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Treasury Prime Teams With Astra to Offer Instant Payments
Treasury Prime Teams With Astra to Offer Instant Payments
September 18, 2023  |  Partnerships

Embedded banking software firm Treasury Prime and technology company Astra have teamed to offer customers instant payments capabilities. The collaboration offers Treasury Prime customers access...

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Plaid and Cross River Team on Real-Time Payments With FedNow
Plaid and Cross River Team on Real-Time Payments With FedNow
September 18, 2023  |  Real-Time Payments

Cross River Bank and Plaid say they’ve joined FedNow® Service to widen customers’ instant payment access. The collaboration, announced Monday (Sept. 18), also makes Cross River among the...

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Instant Digital Tip Access Offers Hospitality Industry Retention Solution
Instant Digital Tip Access Offers Hospitality Industry Retention Solution
September 14, 2023  |  Digital Payments

The travel and hospitality industry is experiencing a resurgence in revenue as it emerges from the impact of the COVID-19 pandemic. And to enhance the...

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