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.

8 in 10 Execs Have Lost Business Due to Payment Errors
8 in 10 Execs Have Lost Business Due to Payment Errors
August 06, 2024  |  B2B Payments

The business-to-business (B2B) payments sector is undergoing a transformation as traditional manual processes strain business relationships. Lengthy payment cycles, inefficient communication, and error-prone methods are...

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They Said That: Notable Quotables for the Week of July 29
They Said That: Notable Quotables for the Week of July 29
August 02, 2024  |  Payments Innovation

It was the thick of earnings season this week, but that didn’t mean PYMNTS’ interviews with key executives took a break. Here are some of...

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A Global Look at Real-Time Payments Adoption
A Global Look at Real-Time Payments Adoption
August 02, 2024  |  Real-Time Payments

The global demand for real-time payments continues along an upward trajectory. Nations on every continent are taking steps to accelerate transactions for both consumers and...

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Why New Use Cases Like Pay by Bank Will Fast-Track FedNow
Why New Use Cases Like Pay by Bank Will Fast-Track FedNow
August 01, 2024  |  Real-Time Payments

Since the FedNow® Service went live last July, more than 900 have banks have signed up, per the Federal Reserve. Is that a good number?...

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Citi Services Head of Payments Says Instant Is In as Global Dynamics Shift
Citi Services Head of Payments Says Instant Is In as Global Dynamics Shift
July 31, 2024  |  Payments Innovation

Change in payments, as in life, happens slowly and then all at once. And as we navigate through 2024, the payments industry is undergoing transformative...

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AppBrilliance Opens Pay-by-Bank Options for Closed-Loop Digital Wallets
AppBrilliance Opens Pay-by-Bank Options for Closed-Loop Digital Wallets
July 29, 2024  |  Payment Methods

When The Clearing House amended its rules on digital wallets in early May, few in the industry paid much attention. After all, it was little more...

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Thredd CEO Jim McCarthy on How Tokenization Has Changed Payments
Thredd CEO Jim McCarthy on How Tokenization Has Changed Payments
July 29, 2024  |  Real-Time Payments

True seismic shifts in payments occur over the course of years — not months. But, as Jim McCarthy, CEO of Thredd, told Karen Webster, the...

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Instant Payments Book a Long Stay With Independent Hotels
Instant Payments Book a Long Stay With Independent Hotels
July 26, 2024  |  Real-Time Payments

Instant payments have become a mainstay for small to mid-sized businesses (SMBs) in the hospitality sector. For example, more hospitality SMBs used instant PayPal to...

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FedNow’s First Year: Path to Critical Mass Requires Time and Education
FedNow’s First Year: Path to Critical Mass Requires Time and Education
July 24, 2024  |  Digital Payments

A year after its launch, the FedNow® Service, the instant payment service introduced by the U.S. central bank last July 20, has seen 900 banks sign...

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