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.

Pay.UK on Striking the Balance Between Fast and Friction in Stopping UK Fraud Epidemic
Pay.UK on Striking the Balance Between Fast and Friction in Stopping UK Fraud Epidemic
February 14, 2023  |  Security & Fraud

The U.K. has been experiencing a widespread payments fraud epidemic in recent years. Authorized push payment (APP) fraud, for example, increased 40% between 2020 and...

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Trustly Powers Real-Time Bank Account Payouts for Sportsbook Player Winnings
Trustly Powers Real-Time Bank Account Payouts for Sportsbook Player Winnings
February 07, 2023  |  Real-Time Payments

The Super Bowl is synonymous with a surge in online sports betting. Last year, Americans wagered around $7.6 billion overall on the event, according to the...

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Auto Repair Software Developer Xolvis Integrates Open Banking Payments With Volt
Auto Repair Software Developer Xolvis Integrates Open Banking Payments With Volt
February 03, 2023  |  Digital Payments

Xolvis has teamed with Volt to integrate open banking payments into its platform. The Munich-based software developer announced in a Thursday (Feb. 2) blog post...

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ACI Expands; Says It Covers Third of Countries Offering Real-Time Payments
ACI Expands; Says It Covers Third of Countries Offering Real-Time Payments
February 01, 2023  |  Real-Time Payments

Software firm ACI Worldwide says it is expanding amid a global boom in real-time payments. The expansion means ACI now covers about a third of the world’s...

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FedNow Says Features Will Help FIs ‘Raise the Bar’ on Fraud Management
FedNow Says Features Will Help FIs ‘Raise the Bar’ on Fraud Management
February 01, 2023  |  Security & Fraud

The Federal Reserve’s FedNowsm Service, a new instant payments infrastructure for the nation’s financial institutions (FIs), is expected to catalyze broad access to instant payments...

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The Impact of Real-Time Payments on GDP Growth in Emerging Markets
The Impact of Real-Time Payments on GDP Growth in Emerging Markets
February 01, 2023  |  Real-Time Payments

Real-time payments have become indispensable for the global economy, with a previous PYMNTS study finding that 86% of businesses generating annual revenues between $500 million...

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Wells Fargo Says Payments Should Be as Easy to Use as Apps
Wells Fargo Says Payments Should Be as Easy to Use as Apps
February 01, 2023  |  Opinion

The payments industry must do more to respond to consumers and businesses seeking intuitive payment tools, Wells Fargo Head of Enterprise Payments Strategy Ulrike Guigui...

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PYMNTS Intelligence: Workplaces Begin to Offer Instant Payroll in Limited Capacities
PYMNTS Intelligence: Workplaces Begin to Offer Instant Payroll in Limited Capacities
January 31, 2023  |  Faster Payments

Payroll delay is rampant among the American workforce, especially gig workers. Studies have found that 74% of freelance workers have not received their pay on...

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Real-Time Global CBDC Networks: Pipedream or Global Payments Reality?
Real-Time Global CBDC Networks: Pipedream or Global Payments Reality?
January 31, 2023  |  Digital Payments

Nearly every day, it seems, some new scheme arises that’s aiming to replace or disrupt the existing global financial services system. Online payment platforms like...

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