Only a few weeks after launching in July, the FedNow Service promises to help transform payments, commerce and banking. But as Dr. Jorge Jimenez, president of Juniper Payments, a PSCU company, told PYMNTS in an interview, one need not look all that far to see what a re-imagining of financial services...
Financial institutions and payment service providers hit the ground running when the Federal Reserve launched the FedNow Service on Thursday (July 20). Many had new offerings ready to go using the nationwide payments infrastructure, which was the first to be implemented in about 40 years. At the time of...
PSCU, a payments credit union service organization (CUSO), announced Wednesday (May 11) that it has completed its purchase of Juniper Payments. Juniper Payments is a cloud-based non-bank third-party provider of inter-bank transaction and reporting systems. With the transaction, the owners of the company will continue...
Today in B2B payments: American Express Global Business Travel acquires Egencia, and Chaser explores the opportunity in tracking down late payments. Plus, VatPay discusses a new strategy to migrate businesses away from checks, Boost raises $22 million and Sherpa collaborates with Juniper on real-time B2B...
December 20, 2023
Jon Budd, CEO of Juniper Payments, a PSCU company, said instant payments, over the long term, will see a blossoming of use cases and demand from financial institutions’ corporate and consumer clients. As it stands now, only about 3% of financial institutions have signed on to the FedNow® Service, although The Clearing House’s RTP® Network […]
August 16, 2023
Only a few weeks after launching in July, the FedNow Service promises to help transform payments, commerce and banking. But as Dr. Jorge Jimenez, president of Juniper Payments, a PSCU company, told PYMNTS in an interview,...
July 20, 2023
Financial institutions and payment service providers hit the ground running when the Federal Reserve launched the FedNow Service on Thursday (July 20). Many had new offerings ready to go using the nationwide payments infrastructure, which was the first to be implemented in about 40 years. At the time of Thursday’s launch, 35 banks and credit unions, and the U.S. Department […]
May 11, 2022
PSCU, a payments credit union service organization (CUSO), announced Wednesday (May 11) that it has completed its purchase of Juniper Payments. Juniper Payments is a cloud-based non-bank third-party provider of...
