Search Results for: faster payments
Not So Fast for Faster Payments, a Survey Finds
Proponents of faster-payment services, which enable real-time or nearly real-time transfers, may need a bit of patience for larger-scale adoption of the technology. Fifty-six percent of attendees at the 2019 Nacha Payments conference in May said it will take at least a year, and possibly more, for their companies to …
Read More »Venmo’s Latest Instant-Transfer Gambit Leverages Faster Payments As It Digs for Revenue
With real-time payments in the headlines these days, it’s not surprising payments companies are jumping on the faster-payments bandwagon. But some, like PayPal Holdings Inc., are finding ways to use speedier funds to bolster revenue. PayPal on Monday announced its latest instant-transfer service, this one allowing Venmo users to move …
Read More »Fed Real-Time Payments Decision Today? Faster Payments’ Unique Risks; Clark Adds ControlScan Services
Contactless Card Push Ramps up; Visa’s Dark View of Faster Payments Excludes Visa; Plus Weekly Recap
Visa’s Kelly Takes a Dark View of Faster Payments, Just Not Visa’s Faster Payments
Visa Inc.’s chief executive this week questioned the drive for real-time payments by U.S. banks and merchants, but also argued Visa’s recent acquisition of business-to-business payments processor Earthport plc will help the company expand real-time payment capability beyond cardholders. Visa closed on London-based Earthport last month after winning a bidding …
Read More »Jack Henry’s Louder Voice; B2B Momentum for Faster Payments; Thales-Gemalto Deal Clears an EU Hurdle
Deloitte: Look for Faster Payments on the B2B Side in 2019, And More Contactless Transactions
The prognostications for 2019 are starting to roll in, and if at least one comes true, we’ll see business-to-business transactions driving the growth of faster-payment systems. And smart phones might actually gain some discernible traction at the point of sale. The predictions come from the big accounting and consulting firm …
Read More »NACHA’s Faster Payments Comments; The Rise of Virtual Cards; OnDeck Canada Debuts
NACHA Wants the Fed To Take a Broader View of Faster Payments
NACHA is not taking a position on whether the Federal Reserve should build a proposed real-time settlement system, but in comments this week the automated clearing house governing body said it is concerned the Fed’s current proposal is “too narrowly focused” and favors instant payments at the expense of other …
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