The Faster Payments scheme in the U.K. has changed the way payment service providers are approaching the immediate availability of funds. While the New Access Model provides the ability for payments players to offer their customers real-time payments 24/7, the initiative can still be a...
Faster Payments are finally live in the U.S. with Same Day ACH, but that’s just the start. For the latest Faster Payments Tracker™, PYMNTS spoke with ACI’s Barry Kislingbury, director of solution consulting, and WA Proctor, vice president and product line manager, to compare the...
Faster Payments are finally live in the U.S. with Same Day ACH, but that’s just the start. For the latest Faster Payments Tracker™, PYMNTS spoke with ACI’s Barry Kislingbury, director of solution consulting, and WA Proctor, vice president and product line manager, to compare the...
NACHA’s recent numbers spotlighting the success of its same-day payments initiative also show widespread adoption among companies and individuals. A ubiquitous system, CEO Jan Estep told PYMNTS’ Karen Webster in the latest installment of Data Drivers, can lead to ubiquitous use.
If you build it, they will come. And pay the very same day. NACHA, the payments association behind the ACH network, said Tuesday that 3.8 million same-day transactions occurred in October, the first full month after the initial Sept. 23 launch. The total value of...
With a global initiative, ACI Worldwide and VocaLink are bringing immediate, end-to-end payments to financial institutions. WA Proctor, vice president and product line manager of UP Immediate Payments for ACI, delves into how this partnership speeds the adoption of faster payments.
After disaster strikes or fenders bend, time takes on new meaning. For the latest Faster Payments Tracker™, PYMNTS spoke with Chad Hauff, director of premium accounting for Safety Insurance, about getting insurance payments to policyholders quickly, whether they’ve had their home damaged in a hurricane...
After disaster strikes or fenders bend, time takes on new meaning. For the latest Faster Payments Tracker™, PYMNTS spoke with Chad Hauff, director of premium accounting for Safety Insurance, about getting insurance payments to policyholders quickly, whether they’ve had their home damaged in a hurricane...
Global money remittance provider TransferGo announced on Monday (Oct. 24) the addition of a real-time payment option called TransferGo NOW. The new service will enable customers to have almost instant purchasing power, with the real-time settlement taking TransferGo’s delivery time down to 30 minutes or...
