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 Payroll Could Cut Costly Employee Turnover
Instant Payroll Could Cut Costly Employee Turnover
September 24, 2024  |  Money Mobility

Workers are growing increasingly frustrated with the slow pace of traditional payroll and outdated biweekly pay periods, especially in today’s economic climate, where many live...

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DailyPay to Expand Earned Wage Access Services to UK
DailyPay to Expand Earned Wage Access Services to UK
September 23, 2024  |  Disbursements

DailyPay will expand its earned wage access (EWA) services to the United Kingdom this fall. The solution, which will mark the company’s first expansion outside...

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74% of Travelers View Digital Wallets as Essential Gear for Vacations
74% of Travelers View Digital Wallets as Essential Gear for Vacations
September 23, 2024  |  Mobile Wallets

The travel and hospitality sectors have long been anchored in traditional payment methods, like cash and credit cards. As consumers and employees voice their frustrations...

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Click, Pay, Done: How Embedded Payments Could Transform B2B
Click, Pay, Done: How Embedded Payments Could Transform B2B
September 20, 2024  |  B2B Payments

Digital payments aren’t just about swapping cash and paper checks for electronic methods. Amid Wednesday’s (Sept. 18) news that Brex has launched an embedded B2B payments...

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Walmart Teams With Fiserv on Instant Bank Payments
Walmart Teams With Fiserv on Instant Bank Payments
September 19, 2024  |  Faster Payments

Walmart is reportedly enhancing its pay-by-bank offering via a partnership with Fiserv. The retailer began offering pay-by-bank with Walmart Pay earlier this year, Bloomberg reported...

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Volt Launches Pay-by-Bank Partnership With Luxury Retailer Farfetch
Volt Launches Pay-by-Bank Partnership With Luxury Retailer Farfetch
September 18, 2024  |  Partnerships

Real-time payments platform Volt has launched a partnership with luxury retailer Farfetch. The collaboration, announced Wednesday (Sept. 18), allows Farfetch customers in the U.K., Germany...

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Report: Revolut Looks to Expand Digital Banking License Effort to Middle East
Report: Revolut Looks to Expand Digital Banking License Effort to Middle East
September 13, 2024  |  Cross-border Payments

Revolut is reportedly looking to expand its business into Gulf Cooperation Council (GCC)-member countries. The British FinTech has submitted applications to become an electronic-money institution and...

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57% of Americans Trust Financial Institutions to Protect Their Data
57% of Americans Trust Financial Institutions to Protect Their Data
September 12, 2024  |  Banking

Open banking, which allows third-party providers to access banking data through secure application programming interfaces (APIs), has gained momentum globally as a means to enhance...

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Trending: Senators Urge Fed to Expand Fedwire and National Settlement Service
Trending: Senators Urge Fed to Expand Fedwire and National Settlement Service
September 11, 2024  |  Faster Payments

If business and commerce are always on in the digital age — existing as 24/7, year-round endeavors — so must the settlement systems that enable...

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