Real-time payments are becoming increasingly popular worldwide, with new implementations and innovations emerging regularly. The European Union has been a traditional leader in real-time payments, prompting providers to prioritize compliance with its regulations. A recent example is Broadridge Financial Solutions, which just launched its Instant...
You’ve heard of the October surprise. The term applies to politics, to a bombshell or report that upends a race. And sometimes the event brings clarity — determining the direction of the race and who the ultimate winner(s) might be. In financial services, and particularly...
As the financial and insurance sectors evolve, the demand for swift and accurate payment systems has never been more pronounced. Legacy systems often need to improve, resulting in delays and errors that can damage customer loyalty and business viability. A PYMNTS Intelligence Report, Fast-Tracking Funds:...
Real-time payments are growing in popularity the world over, with governments, banks and corporates all doing their part to make these transactions the new norm. While the United States has lagged behind much of the world in widespread real-time payments adoption, American banks are picking...
November 06, 2024
Real-time payments are becoming increasingly popular worldwide, with new implementations and innovations emerging regularly. The European Union has been a traditional leader in real-time payments, prompting providers to prioritize compliance with its regulations. A recent example is Broadridge Financial Solutions, which just launched its Instant Payments Service for real-time money transfers. The service uses the […]
October 15, 2024
As the financial and insurance sectors evolve, the demand for swift and accurate payment systems has never been more pronounced. Legacy systems often need to improve, resulting in delays and...
October 03, 2024
Real-time payments are growing in popularity the world over, with governments, banks and corporates all doing their part to make these transactions the new norm. While the United States has...
September 06, 2024
Real-time payments continue their rapid global expansion, with banks and governments updating existing systems and introducing new ones for their citizens and customers. Australia is expanding its real-time payments landscape...
November 12, 2024
The Clearing House’s RTP® network, a real-time payments rail in the United States, is winding down the year on the back of two milestones. The network set single-day records of 1.46 million transactions valued at $1.24 billion Nov. 1, according to a Tuesday (Nov. 12) news release. That followed an October in which the network […]
August 14, 2024
Modern Treasury has expanded instant payments support for mutual clients of six top banks. “Money is moving swiftly toward a real-time future, and seeing customers use Modern Treasury to enable instant...
July 10, 2024
The RTP network set records in terms of both the number of transactions and the value of payments it enabled in the second quarter. The instant payments system operated by...
April 17, 2024
The first payment in the ISO 20022 message format on the CHIPS network was completed by Japanese financial institution MUFG Bank and European financial institution Crédit Agricole Corporate & Investment Bank, The Clearing House said in a Wednesday...
