PYMNTS-MonitorEdge-May-2024

What’s Next in Payments: Instant Payments 2023

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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Interoperability Will Fuel Instant Payments’ Scalability 
Interoperability Will Fuel Instant Payments’ Scalability 
December 19, 2023  |  Faster Payments

Nothing is harder to break than an established habit. But even the most entrenched behaviors often shift or evolve. Just look at the movement of...

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Anti-Fraud Measures Need to Work at the Speed of Instant Payments
Anti-Fraud Measures Need to Work at the Speed of Instant Payments
December 19, 2023  |  Real-Time Payments

The financial landscape is constantly in flux — and now it’s getting a little faster. As instant payments gain prominence, the strategies, challenges and potential...

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New Use Cases Needed to Drive Instant Payments Momentum Worldwide
New Use Cases Needed to Drive Instant Payments Momentum Worldwide
December 19, 2023  |  Real-Time Payments

Form3 CEO Dave Scola told PYMNTS that instant payments have a long way before they reach their full potential. “I’m not disappointed by the rates...

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Traditional Payment Methods Remain Relevant Despite Real-Time Innovations
Traditional Payment Methods Remain Relevant Despite Real-Time Innovations
December 19, 2023  |  Real-Time Payments

In a rapidly changing digital world where real-time payments are becoming increasingly popular, it’s easy to assume that traditional payment methods like wire transfers and...

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Small Businesses See Instant Payments as Vital Cash Flow Boost
Small Businesses See Instant Payments as Vital Cash Flow Boost
December 18, 2023  |  Real-Time Payments

Enigma Technologies Co-founder and CEO Hicham Oudghiri said the ecosystem surrounding instant payments is complex. “When it comes to instant payments, everyone has their own...

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Faster Payments Become Catalyst for New B2B Business Models
Faster Payments Become Catalyst for New B2B Business Models
December 18, 2023  |  Faster Payments

Can instant payments transform transactions from waiting games to a real-time revolution? “There’s a certain expectation that instant payments means instant gratification,” Shaunt Sarkissian, founder and...

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Lack of Consumer Protections Seen as FedNow Headwind
Lack of Consumer Protections Seen as FedNow Headwind
December 18, 2023  |  Faster Payments

Andy McHale, senior director of product and market strategy at Spreedly, told PYMNTS that the future looks bright for faster payments here in the United...

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