The Clearing House (TCH) has reported that its RTP instant payments network surpassed the 500 million payment milestone on Saturday (July 22). The RTP network...
As consumer behavior goes, the corporate response follows. Miyoshi Lee, head of U.S. real-time payments at Bank of America, told PYMNTS that consumers have become...
This week in payments saw the SEC weigh in on artificial intelligence (AI), the long-awaited debut of the FedNow instant payments rail to mixed reviews,...
Financial institutions and payment service providers hit the ground running when the Federal Reserve launched the FedNow Service on Thursday (July 20). Many had new offerings ready to go...
Primer has partnered with Volt to allow its customers to accept instant account-to-account (A2A) payments via Primer’s payment automation platform. This partnership enables global merchants to benefit from...
And now comes the real test. Almost four years ago, the Federal Reserve announced that it would develop a “round the clock real time payment...
The consumers powering today’s economy are increasingly digital-first, meaning money mobility is a top requirement for any financial services provider — especially FinTechs set on...
India and Indonesia are reportedly planning to link their fast payment systems. The collaboration, as reported Monday (July 17) by Bloomberg News, is designed to spur cross-border...
Four days from today, the Federal Reserve’s instant account-to-account payments rail will go live. FedNow’s launch on July 20 will bring the number of real-time...