U.S. Bank on Thursday (Jan. 6) announced it is bringing the power of real-time payments to the U.S. Bank consumer bill pay experience after the successful completion of a test using the Request for Payment (RfP) RTP solution. The bank plans to make the consumer...
On-demand payments startup DailyPay is launching a digital wallet solution to make it easier for people to get paid in real-time every time they work as long as the user works for a company partnering with DailyPay. The only digital wallet that refills every day...
Streaming media, on-demand encounters with service providers and all manner of instant interactions online have shaped expectations about how we pay and get paid — and when. Elena Whisler, senior vice president at The Clearing House (TCH), told PYMNTS in an interview that real-time payments...
Consumers’ payment needs have undergone a sea change over the past two years, and access to real-time payments is becoming a requirement that many never knew they had. Homeowners want their mortgage payments to clear the moment they press “send,” and workers enjoy not having...
Highly connected consumers are all about speed and efficiency, and they are increasingly drawn to the value of instant payments. In the Real-Time Payments Tracker, KeyBank’s Richard Booth makes the case for why FIs must give consumers immediate access to funds and more control over...
If government COVID stimulus disbursements leave a lasting impression — and they will — it will be on consumer awareness that same-day (and even instant) payout options are now widely available for everything from banks and insurance firms to online gaming sites. This will transform...
If 2021 is the year of digital payments, it is also when real-time payments got ready for their closeup, to steal a classic movie line. FIS Executive Vice President of Global Real-Time Payments Raja Gopalakrishnan told PYMNTS’ Karen Webster that the key to 2022, and...
The pandemic has changed consumers’ preferences for how they pay vendors and receive disbursements that range from paychecks to insurance payouts. Contactless payments’ growing popularity helped consumers discover how easy it could be to make purchases, pay bills, receive their paychecks and exchange money with...
Twenty years ago, the payments system in the United States was so stable that it was considered the backwater of banking and finance, Rob Hunter, deputy general counsel of The Clearing House (TCH), a banking association and payments company owned by the largest U.S. commercial...
