real time payments

Real time payments – also known as realtime payments, instant payments or immediate payments as electronic retail payment solutions that are available 24/7/365.

Silicon Valley Bank Rolls Out Enhanced Digital Banking Platform
Silicon Valley Bank Rolls Out Enhanced Digital Banking Platform
October 23, 2023  |  Digital Banking

Silicon Valley Bank (SVB), a division of First Citizens Bank, has unveiled a range of new and updated products and services. Since its acquisition by First Citizens,...

READ MORE >
Thought Machine and Form3 Partner on Real-Time Payment Processing 
Thought Machine and Form3 Partner on Real-Time Payment Processing 
October 23, 2023  |  Real-Time Payments

Cloud-native banking technology company Thought Machine has partnered with cloud-native account-to-account (A2A) platform Form3 to offer banks and financial institutions an end-to-end solution for real-time payment processing.  This collaboration...

READ MORE >
US Retailers Drive Instant Payment Adoption
US Retailers Drive Instant Payment Adoption
October 23, 2023  |  Faster Payments

Real-time payments has had a significant impact on the retail industry in the last few years, with the recent launch of FedNow® Service likely to...

READ MORE >
Instant Payments Force Banks to Examine Limitations of ‘Creaky’ Legacy Systems
Instant Payments Force Banks to Examine Limitations of ‘Creaky’ Legacy Systems
October 23, 2023  |  Real-Time Payments

The July launch of the FedNow® Service — and the fact that The Clearing House’s RTP® network has been operational for six years — underscores...

READ MORE >
RoadSync CEO Says Paper Checks Taking a Back Seat When Drivers Get Paid
RoadSync CEO Says Paper Checks Taking a Back Seat When Drivers Get Paid
October 23, 2023  |  B2B Payments

It’s hard to name a more vital component of the economy than the logistics industry. However, it’s just as hard to name a more challenging...

READ MORE >
Mixed Manufacturing Data Underscores Need for Better AP Practices and Real-Time Payments
Mixed Manufacturing Data Underscores Need for Better AP Practices and Real-Time Payments
October 20, 2023  |  B2B Payments

Manufacturing is about as labor- and material-intensive a sector as might be seen, in any economy. The sheer volume of raw materials, machinery, plant and...

READ MORE >
Galileo Aims to Combat Fraud With Payment Risk Platform
Galileo Aims to Combat Fraud With Payment Risk Platform
October 19, 2023  |  Security & Fraud

Galileo Financial Technologies has unveiled its Payment Risk Platform to help combat fraud. The tool, announced Thursday (Oct. 19), is a “holistic fraud engine” offering real-time payment...

READ MORE >
International Credit Union Day Spotlights Member-First Innovation
International Credit Union Day Spotlights Member-First Innovation
October 19, 2023  |  Credit Unions

In 1948, International Credit Union Day was created to celebrate credit unions around the world.  Since then, the third Thursday of every October has been dedicated to...

READ MORE >
Right-Now Use Cases Can Turn Instant Payments Into an Instant Success
Right-Now Use Cases Can Turn Instant Payments Into an Instant Success
October 18, 2023  |  Faster Payments

Businesses and individuals are always going to need to get paid. That’s why the context around that payment, whether it’s speed, experience, convenience, personalization, cost,...

READ MORE >