Citi’s Treasury and Trade Solutions (TTS) division has begun to allow digital bill payment through the RTP network, The Clearing House’s (TCH) real-time payment network,...
The pain points in cross-border payments are acute. The various payment systems that are domiciled in one country or another traditionally don’t overlap in their...
The blockchain can be the underpinning for the financial services ecosystem to give rise to assets that have real tangible value — including stablecoins and...
EBA CLEARING, SWIFT and The Clearing House (TCH) are collaborating on a new initiative, Immediate Cross-Border Payments (IXB), to speed up cross-border money transfers and...
It is safe to say that most American consumers are fans of real-time payments. PYMNTS research demonstrates that 70% of U.S. consumers who have used...
Billers often suffer from a lack of speed and clarity on their receivables, while payors are frequently stumped over what they owe and to whom....
Request-to-pay features have emerged with promises to benefit merchants, financial institutions and billers. The message exchange service allows payees or creditors to collect a payment...
For the first time, retail customers can access real-time bill pay following a partnership between BNY Mellon, Citi and Verizon announced Wednesday (Sept. 15). And...
A battle has been raging in the financial industry over the past several years as FinTechs grow more popular and begin to offer more banking...