More than a year after the launch of real-time payments by the Federal Reserve, financial institutions of all sizes are adopting the service. Some mid-size and smaller institutions are also looking ahead to related issues, including the looming ISO20022 standard for financial messaging. The latest example emerged Thursday with an …

More credit unions will have access to real-time payments networks in separate deals announced Tuesday. BankSocial, a division of Fivancial Inc., launched its real-time payment service for credit unions. Meanwhile, Pidgin Inc. is working with core processing provider Corelation Inc. to enable broader real-time payments access to its clients. Dallas-based …

Real-time account-to-payment payments has received a big boost as J.P. Morgan Payments adds Visa Direct to its arsenal of payment options. The deal gives businesses using J.P. Morgan Payments’ platform an option to make payments, such as a rebate or refund, directly to a consumer’s debit card or bank account …

Chase, the banking arm of giant JPMorgan Chase & Co., introduced a suite of digital products it says will help small businesses improve their cash flow and payment processing. Among the services are the ability to choose a payment speed, such as standard automated clearing house, same-day ACH, or real-time …