The global spread of the new coronavirus has had a wide and varied impact on the way that both consumers and businesses think about transacting...
Sweden is the latest country to join the European Central Bank’s (ECB) instant payments platform in an effort to ease electronic payments. The agreement allows...
The last few weeks have been hard times for the restaurant industry in the U.S. — big chains and mom-and-pop joints alike are closing their...
The financial landscape is changing, moving toward instant payments, toward commerce that is always on – and for financial institutions (FIs) serving corporations and consumers...
Speed drives innovation, particularly in payments. In this week’s look at payment rails innovation, PYMNTS finds a slew of new markets around the world adopting...
There is no shortage of questions that seem basic, but are harder to answer than they appear on first glance. What counts as a bank?...
Persuading the 11,000+ financial institutions (FIs) in the U.S. to integrate with a new real-time payments rail is a tough ask, especially when speed of...
All of the banks in Aruba have switched to instant payments (IP) through the use of the Clearing and Settlement Mechanism (IP CSM) of the...
The Hungarian Central Bank (MNB) has introduced an instant payment system that allows for bank transfers in seconds at any time of the day, according...