Thankfully, those turn of the century Y2K doomsday scenarios were a big fizzle, but there were still lessons to be learned. For the April Faster Payments Tracker™, PYMNTS spoke with Joe Casali of the New England Accelerated Clearing House (NEACH) about how the lessons learned...
Faster payment solutions are continuing their rise and are promising to change the way banks and other financial institutions conduct business. But as the exchange of money gets faster, the rules for banks are changing and some institutions may need help keeping up to speed....
It takes more than just having the latest technology or an innovative idea to make faster payments work. If anyone knows that, it’s Canada. The country has been on the forefront of faster payments for years, and Peter Maoloni, AVP of online products and platforms...
The push for faster payments is happening around the globe, but the U.S. can look no further than our neighbors to the north for an example of how faster payments are being put to work both efficiently and seamlessly. Mark O’Connell, CEO of Interac Association/Acxsys...
Today, consumers can quickly access to digital media like music and videos on their smartphones. Should they also expect the same ease of access to their money? For the March Faster Payments Tracker™, PYMNTS spoke with George Evers, Director of Immediate Payments for VocaLink, about...
New payment solutions are not only allowing payments to be sent faster, they’re also simplifying the process for users and merchants to send money between parties. Several institutions – including banks and FinTech providers – are leading the push to adopt faster payment solutions and...
Waiting for a payment to clear can be one of the most tedious tasks in today’s fast-paced society. With ecommerce picking up steam over the last few years, more and more consumers are not only expecting but demanding fast-paying systems in order to expedite the buying...
Faster payments may be the future, but getting to the future is a step-by-step journey. And a big step is making sure that transactions and accounts from which funds flow are valid. PYMNTS spoke with Jeni Brantner, Vice President of Payment Operations at Royal Credit...
Some have said that with faster payments comes more fraud — and that fraud could be on the rise due to Same Day ACH. NACHA talked to the financial institutions who drive 66 percent of ACH volume and got quite a different story.
