Like many of its rivals, Fiserv Inc. is looking for ways to prosper as hope begins to rise for a recovery from the Covid-19 pandemic that has ravaged much of the world. Tuesday afternoon, the Brookfield, Wis.-based payments provider revealed a promising report card for its fourth-quarter performance, with high-flying …

Much attention in the payments industry has focused on how the coronavirus pandemic has boosted contactless technology in stores, but it’s also leading more consumers and now businesses to adopt peer-to-peer payments networks, as well. After initial success with consumers, banks are starting to adapt P2P systems especially for small …

Investing in digital account opening, mobile-banking applications, and customer-relationship applications are among bankers’ priorities for digital services in 2021, says a report from Computer Services Inc., a provider of cloud-based financial-services technology. Enabling consumers to open accounts digitally, even after the Covid-19 pandemic subsides, was cited as a top priority …

One of the fastest-growing and cutting-edge financial technology companies in the United States, MiCamp Solutions recently introduced its newest offering, which includes the game-changing Mi-Payment Choice and a unique gateway. Founded in 2007, and recently named to the Inc. 5000 for the third year in a row (#1,328), MiCamp Solutions …

New national systems, the card networks, and blockchain operations are all piling into real-time payments. What’s going on, and why? If the travails of 2020 had any advantages, they lay in how the struggle with the pandemic offered opportunities to demonstrate the vital utility of technologies like contactless payments and …

Multiple real-time services may flourish, but don’t discount the Fed’s ability to corner volume. Over the last several decades, there has been a crescendo of interest from regulators and the industry worldwide in real-time interbank payments. Instant interbank payments displace batch automated clearing house transfers and enable new use cases, …

The announcement from the Federal Reserve last month of a pilot for the FedNow real-time payments service may represent an important stage in the development of a service not expected to go live until 2023 at the earliest. But observers caution rival services have already made headway with key market …

In August last year, when the Federal Reserve announced it would jump into the real-time payments arena, proponents of the idea were elated. A public sector competitor would be needed, they argued, to offset the rapidly advancing network at The Clearing House Payments Co. LLC, an entity owned by 25 …

The announcement from the Federal Reserve late Monday of a pilot for the FedNow real-time payments service may represent an important stage in the development of a service not expected to go live until 2023 at the earliest. But observers caution rival services have already made headway with key market …

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 …