Faster Payments

JPMorgan’s Interest In National And International RTP
February 08, 2018

Countries from the U.K. to Singapore have long been home to real-time payment schemes, but speed lagged behind when it came to America. It wasn’t until November 2017 that The Clearing House (TCH) debuted its Real-Time Payments (RTP) scheme — a system that isn’t expected...

Chase Talks Real-Time Payments, Real-Time Ubiquity
February 07, 2018

More than two dozen real-time payment schemes are live around the world, and more and more countries are planning to debut their own in the near future. In the February Faster Payments Tracker™, PYMNTS charts the latest developments surrounding these real-time schemes, and the push...

Faster Payments
NEW STUDY: What Corporate Treasurers Want From Faster Payments
February 06, 2018

  From employers who use the service for direct-deposit payments to landlords and utility companies that use it to collect rent or monthly bills, same-day ACH has been gaining in popularity and putting a variety of payment types in the fast lane. The same-day ACH...

Faster Payments
Same Day ACH Drove $87.1B Across 75M Transactions In 2017
January 12, 2018

NACHA, the electronic payment association, announced news on Thursday (Jan. 11) that same-day ACH debit and credit transactions hit 15.2 million in December, marking a 51 percent month-over-month increase. In a press release, NACHA said that overall in 2017, the total number of same-day ACH...

Faster Payments
Trusting In Faster Payments
January 05, 2018

FIs are looking to get in top fiscal shape for 2018 by upping their faster payments game. In the January PYMNTS Faster Payments Tracker™, Dan Massey, SunTrust Bank’s chief technology officer, explained how the bank aims to boost client experiences in 2018 with faster payment capabilities and...

Faster Payments
NEW REPORT: FI’s 2018 Resolution — Getting Fitter, Faster
January 04, 2018

Consumers around the world are setting their New Year’s resolutions as the calendar pages turn to 2018, and banks and financial institutions (FIs) in the United States and around the world are no different. The January edition of the PYMNTS Faster Payments Tracker™, examines the most recent...

Faster Payments
Fourteen Months In, Extra Credit For Faster (ACH) Credit?
December 13, 2017

In an age where faster is a hallmark of, well, everything, it follows that the same should be true of payments. It has been 14 months since the first phase of Same Day ACH credits debuted, and in numbers via a joint study by PYMNTS...

Faster Payments
The Fed On Finding A Clear Road To Getting Faster
December 08, 2017

The Fed wants payments to move faster — and quickly. In the latest issue of the Faster Payments Tracker™, a PYMNTS and NACHA collaboration, Connie Theien, senior vice president of payments industry relations at the Federal Reserve and Janet Estep, CEO of NACHA, discussed the...

Faster Payments
NEW INSIGHT: How The Fed Is Clearing A Path For Faster Payments
December 07, 2017

The United States hasn’t had a new payment system for 40 years – until now. And, now that the U.S. has had a taste of faster payments, the country’s Federal Reserve wants to push the industry even further into the future. The December edition of...