Momentum for real-time payments in the United States picked up Monday as Mastercard Inc. announced it is adding account-to-account (A2A) payments functionality to its Track Business Payment Service. The new capability, which is rolling out in the United States and will be available globally by year-end 2021, allows companies to …

Real-time payments are gaining momentum in the United States, but research released Monday indicates the U.S. market remains a laggard. The total value of so-called instant payments will reach $18 trillion in 2025, but the U.S. share of that market will total just 8%, or $1.4 trillion, according to a …

Getting to universal real-time payments in the United States will depend on reaching smaller banking institutions, and on Wednesday The Clearing House Payments Co. LLC may have created the potential to scoop up a significant number of these endpoints via a deal with the major processor FIS Inc. The two …

VSoft Corp., a provider of digital-banking and payment solutions to financial institutions, on Wednesday launched the Bread network, a peer-to-peer, consumer-to-business, business-to-consumer, and business-to-business payment network.  Bread enables real-time payments between financial institutions within its network. Money sent and money received is kept within the users’ respective financial-institution accounts, as …

PayPal Holdings Inc. and Visa Inc. are adding cross-border payments to an agreement to route payments made through PayPal’s Instant Transfer Service through the Visa Direct platform. The expanded agreement will allow consumers and small businesses to send or receive money to or from a Visa card account in real-time …