Sionic Mobile Corp., a provider of omni-commerce, consumer-to-business payments technology, has introduced online and mobile widgets that enable non-profit organizations to accept real-time, bank-to-bank donations. Donors can use the apps, dubbed Pay-by-Bank, to initiate one-time or recurring donations direct from their bank account. Two key benefits of account-to-account donations is …
Read More »Search Results for: real-time payments
X9 Takes on Data Theft Protection; Nium and Roxe Enable Real-Time Cross-Border Payments; Plus Weekly Recap
Nium Teams Up With Roxe to Enable Real-Time Cross-Border Payments
As part of its efforts to expand real-time payments globally, financial-service technology provider Nium Pte. Ltd., has partnered with Roxe, a global payment network that uses blockchain technology to settle transactions. The partnership will allow Roxe to leverage the reach of Nium’s network to initiate cross-border payouts, including those from …
Read More »More Gateways Open to Developers; Euronet Launches Real-Time Cross-Border Payments; NAB Debuts Developer Hub
Mastercard Moves to Bring Real-Time Account-to-Account Transfers to B2B Payments
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 …
Read More »Why Visa And PayPal Are Bringing Real-Time Expediency to Cross-Border Payments
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 …
Read More »Is Real-Time P2P Underused? The Social-Commerce Key; ACI Worlwide’s In-Store Payments Tech
Use Layered Authentication to Secure Real-Time Payments
Real-time processing heightens risk for providers that aren’t prepared. Here’s what financial institutions should be doing now, says Eric Woodward. Instant downloads. Instant delivery. We live in an age of instant gratification. The banking industry is no exception. An overnight batch process is a lifetime, and three-day settlement feels like …
Read More »COMMENTARY: Why You Shouldn’t Count on Real-Time ACH for Retail Payments
A demand-deposit account is the anchor liquidity instrument for most consumers and businesses. For some members of the unbanked, it’s a GPR-prepaid-card account. Policymakers and commercial actors are moving to enable real-time payments between DDAs at thousands of U.S. banks. Policymakers aim to improve payment-system efficiency and enable new and …
Read More »Pricing Gravity Likely Grounded U.S. Bank’s Real-Time P2P Payments Fee
U.S. Bank tried, but it couldn’t make its $6.95 fee for real-time person-to-person payments stick. The nation’s fifth-largest bank by assets disclosed Wednesday that such payments are now free. The Minneapolis-based bank says it was the first to go live with real-time payments over the bank-developed clearXchange P2P payments network, …
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