payment rails

A payment rail is a payment platform or a payment network that moves money from a payer to a payee. Either party could be a consumer or business, and both parties are able to move funds on the network. Credit card rails are the credit card payment system.

Source: en.wikipedia.org

Boston Fed’s Cunha On Building A Payments Network For The ‘Next 100 Years’
Boston Fed’s Cunha On Building A Payments Network For The ‘Next 100 Years’
April 05, 2021  |  Cryptocurrency

To put it mildly, these are heady times for the Federal Reserve. It’s managing the specter of inflation hovering over unprecedented government spending to manage...

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The Fed Drives Ahead With Payment Rail Exploration
The Fed Drives Ahead With Payment Rail Exploration
March 31, 2021  |  B2B Payments

The Federal Reserve is paving the way for new payment infrastructure to drive progress in the U.S. landscape, both through an expansion of the FedNow...

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New Challenges Emerge From Payment Rail Innovation
New Challenges Emerge From Payment Rail Innovation
March 18, 2021  |  B2B Payments

While new payment rails are designed to tackle some of the biggest legacy pain points of the financial services industry, innovative infrastructure is also opening...

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Eco Channels Starbucks To Create Primary Digital Accounts
Eco Channels Starbucks To Create Primary Digital Accounts
March 16, 2021  |  Payment Methods

The conventional wisdom about consumers is the average person doesn’t really care about how payments happen. Security? Check. Rewards? Check. Acceptance? Check. Type of payment...

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Boosting The Value Of Existing Payment Infrastructure
Boosting The Value Of Existing Payment Infrastructure
March 11, 2021  |  B2B Payments

While there is growing excitement over the application of blockchain as a payment rail, financial service providers and FinTech innovators continue to find value in...

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Corporates Take A Deeper Dive Into Blockchain
Corporates Take A Deeper Dive Into Blockchain
February 25, 2021  |  B2B Payments

Blockchain and digital currencies continue to garner more attention among corporate finance leaders and their financial service providers, with this week’s Payment Rail Innovation tracker...

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Easing Blockchain’s Introduction To The Global Payments Ecosystem
Easing Blockchain’s Introduction To The Global Payments Ecosystem
February 24, 2021  |  B2B Payments

As corporates continue to find themselves inspired by surging bitcoin values and a massive crypto haul by Tesla, the digital currency ecosystem is beginning to...

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Deep Dive: Bringing Request For Payments To Bear Against Late Payments
Deep Dive: Bringing Request For Payments To Bear Against Late Payments
February 23, 2021  |  Faster Payments

Getting paid quickly is often a struggle for vendors, and too many delays could cause cash flow disruptions that might put smaller operations out of...

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Report: Request For Payment Seen By Banks As Real Time Payments Game Changer
Report: Request For Payment Seen By Banks As Real Time Payments Game Changer
February 19, 2021  |  Faster Payments

Businesses waiting to get paid can face significant financial struggles, but immediate payment methods have helped cut out delays that saw firms waiting for checks...

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