Real-time payments offer undeniable advantages to businesses of all sizes, and large firms can reap these benefits at scale. PYMNTS’ latest research shows that nearly...
Real-time payments usage may be nearing an inflection point. These payments still account for just 2% of corporate payments sent and 1.3% of payments received,...
The demand for faster payments is growing as companies look for swift, data-rich ways to transact. One study from 2019 found that 54 percent of...
Small financial institutions (FIs) that directly integrate with real-time payments (RTP) must do more work than their counterparts that turn to third parties for RTP...
The benefits of instant payment services are gaining attention from companies that want to be able to transact with better visibility and cash flow information....
When people began experiencing the joy of instant peer-to-peer (P2P) payments a few short years ago, the genie was out of the bottle. There was...
Slow payments have long frustrated businesses and consumers, forcing the former to readjust their timelines as they await funds and prompting the latter to put...
To paraphrase the movie “Top Gun” … “We feel the need … the need for speed.” The payments ecosystem now prizes quickness above all things...
The COVID-19 pandemic and its economic impacts have created new payment complexities for consumers and businesses alike. Consumers who have lost hours at work or...