The Clearing House’s RTP network launched in 2017. The FedNow Service, the central bank’s foray into real-time payments, debuted in the summer 2023. And yet...
The benefits of real-time payments may be readily apparent to financial institutions (FIs) — as they can serve their clients with new use cases, including...
Cross-border payments are the holy grail of global commerce and among its biggest pain points. That cross-border pain, as well as those gains, can be...
Payments innovation often steals the spotlight from its less flashy cousin, payment advances. But beneath developments like artificial intelligence and real-time payments, bill presentment has...
Faster payments means faster fraud, at least that’s the fear. FedNow® Service’s debut a year and a half ago, and traction gaining across The Clearing...
The head of Brazil’s tax revenue service, Robinson Barreirinhas, said Tuesday (March 11) that evidence of money laundering may require the country to once again...
Word of mouth is a powerful force in B2B transactions. A company known for slow, cumbersome or error-prone payment processes can find its reputation tarnished,...
The ledger is a cornerstone of finance and money movement, a system of tracking fund flows that dates back over centuries. All manner of information...
What if a business could move millions of dollars instantly — just like sending a text message? That’s exactly what’s happening as real-time payments expand....