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.
Use Cases Beyond Claims Moves Insurance Industry to Instant Payments
Use Cases Beyond Claims Moves Insurance Industry to Instant Payments
August 14, 2024  |  Real-Time Payments

Supply and demand is the eternal balancing act in economics, and in payments, too. Drew Edwards, CEO of Ingo Payments, noted to Karen Webster that...

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Citi: Faster Payments Help Treasurers Extract ‘Last Drop’ of Liquidity From Financial Ecosystems
Citi: Faster Payments Help Treasurers Extract ‘Last Drop’ of Liquidity From Financial Ecosystems
August 13, 2024  |  Faster Payments

Corporate treasurers once were relegated to the back office, manipulating spreadsheets, preparing audits, handing printed reports off to more senior management — the folks charting...

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Report: CFPB Probe of Zelle Expected to Include BofA and Wells Fargo
Report: CFPB Probe of Zelle Expected to Include BofA and Wells Fargo
August 07, 2024  |  Fraud Prevention

The Consumer Financial Protection Bureau (CFPB) is reportedly looking into how some of the biggest U.S. banks handle complaints from customers who dispute transactions made through Zelle. JPMorgan...

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Galileo Says Wire Transfers Go Big and Go Digital With New APIs
Galileo Says Wire Transfers Go Big and Go Digital With New APIs
August 07, 2024  |  Faster Payments

If you were looking for another reason to appreciate core banking infrastructure, here it is. The buzz within the payments arena may be about instant...

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Kickfin Teams With Shift4 to Automate Restaurant Tip Payments
Kickfin Teams With Shift4 to Automate Restaurant Tip Payments
August 06, 2024  |  ResTech

Tip management software company Kickfin integrated with Shift4’s restaurant point-of-sale solution SkyTab. The integration lets restaurants using SkyTab automatically determine tip pools or shares and...

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8 in 10 Execs Have Lost Business Due to Payment Errors
8 in 10 Execs Have Lost Business Due to Payment Errors
August 06, 2024  |  B2B Payments

The business-to-business (B2B) payments sector is undergoing a transformation as traditional manual processes strain business relationships. Lengthy payment cycles, inefficient communication, and error-prone methods are...

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They Said That: Notable Quotables for the Week of July 29
They Said That: Notable Quotables for the Week of July 29
August 02, 2024  |  Payments Innovation

It was the thick of earnings season this week, but that didn’t mean PYMNTS’ interviews with key executives took a break. Here are some of...

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A Global Look at Real-Time Payments Adoption
A Global Look at Real-Time Payments Adoption
August 02, 2024  |  Real-Time Payments

The global demand for real-time payments continues along an upward trajectory. Nations on every continent are taking steps to accelerate transactions for both consumers and...

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Why New Use Cases Like Pay by Bank Will Fast-Track FedNow
Why New Use Cases Like Pay by Bank Will Fast-Track FedNow
August 01, 2024  |  Real-Time Payments

Since the FedNow® Service went live last July, more than 900 have banks have signed up, per the Federal Reserve. Is that a good number?...

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