SWIFT announced Thursday (February 28) that more than $40 trillion has been transferred over its gpi service last year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
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The European Commission is looking at ways to get banks to use its TARGET Instant Payment Settlement (TIPS) system, which is designed to enable people and companies transfer euros to each other in seconds. Get the Full Story Complete the form to unlock this article and...
Metabank has launched a new payments platform to help its partners disburse funds almost instantly, according to a release by the company. The new platform includes Mastercard Send, a push payments service designed to rapidly send money in the U.S. and also across borders. With...
In the latest "State Of" podcast, Fiserv’s Vice President Tim Ruhe weighs in on why we are at the beginning of a long-term movement to real-time payments in the U.S. Even with 56 real-time payment rails on the horizon, and no shortage of complexity in connecting...
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Small FIs and major retailers say the Federal Reserve can pave the way to provide a ubiquitous, real-time payments (RTP) system. However, The Clearing House argues that its own RTP rails are here and working, while adopting a second system could mean costs and delays....
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“Can we all just agree that real-time access to money isn’t going to be an option anymore?” said Ingo Money CEO Drew Edwards. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
