A burst of announcements, from Visa’s “buyer-protected” account-to-account (A2A) service in the U.K. to fresh funding for variable recurring payments, has pushed bank-to-bank transfers back onto corporate agendas. Yet the vocabulary can feel like alphabet soup. Below is a glossary that puts the main terms...
The Clearing House’s RTP network launched in 2017. The FedNow Service, the central bank’s foray into real-time payments, debuted in the summer 2023. And yet real-time payments — while getting some serious global traction — still have a lot of runway left for consumers and...
The benefits of real-time payments may be readily apparent to financial institutions (FIs) — as they can serve their clients with new use cases, including pay by bank and immediate payroll deposits. They can foster strong relationships with commercial customers with speedier and more transparent...
Payment technology company FlexPoint has launched an artificial intelligence (AI)-powered system that processes automated clearing house payments the same day instead of the typical five-day wait, using AI to assess transaction risks. Get the Full Story Complete the form to unlock this article and enjoy...
August 06, 2025
Real-time payments are becoming a fixture in financial ecosystems across North America, driven by updates in network capabilities, expanded transaction limits and innovative use cases. The latest edition of the Real-Time Payments World Map tracks several key developments in the United States and Canada that highlight the continued evolution of fast, efficient payments. Get the […]
June 02, 2025
A burst of announcements, from Visa’s “buyer-protected” account-to-account (A2A) service in the U.K. to fresh funding for variable recurring payments, has pushed bank-to-bank transfers back onto corporate agendas. Yet the...
March 17, 2025
The Clearing House’s RTP network launched in 2017. The FedNow Service, the central bank’s foray into real-time payments, debuted in the summer 2023. And yet real-time payments — while getting...
March 14, 2025
The benefits of real-time payments may be readily apparent to financial institutions (FIs) — as they can serve their clients with new use cases, including pay by bank and immediate...
December 12, 2024
Payment technology company FlexPoint has launched an artificial intelligence (AI)-powered system that processes automated clearing house payments the same day instead of the typical five-day wait, using AI to assess transaction risks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional […]
April 04, 2024
Trustly and Cross River Bank have expanded their collaboration in instant payments to include the FedNow® Service. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
December 14, 2023
The Federal Reserve says 331 financial institutions (FIs) are employing the FedNow® Service, its real-time payments system. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
November 22, 2023
The U.K. risks falling behind other nations unless it can create an alternative to its Faster Payment Service. Get the Full Story Complete the form to unlock this article and...
