Five years on, the Real Time Payments network from The Clearing House Payments Co. LLC continues to gain new members outside of legacy banking. The latest is NorthOne, a fintech that offers financial management services for small businesses, startups, and freelancers. New York City-based NorthOne, which was founded in 2016, …

The growth of real-time payments over the next five years will gain momentum from cross-border transfers in a global economy, according to research released early Monday. Indeed, the total number of real-time transactions, also known as instant payments, worldwide will reach 376 billion in 2027, up 289% from 97 billion, …

BNY Mellon announced early Monday it has launched a payments platform called Vaia, which allows clients to offer real-time payments, same-day automated clearing house transfers, tokenized payments, debit cards, and payments through the Zelle peer-to-peer payments network. The nation’s 10th-largest bank by assets said the panoply of payments capabilities can …

The Clearing House, EBA Clearing, a provider of pan-European payment-infrastructure technology, and financial-messaging specialist SWIFT have taken the next step in making their planned real-time cross-border payments pilot a reality. The three companies announced late Thursday that the technology piece of the puzzle is ready. This includes technical messaging between …

The Fed will debut FedNow next year. It will face a highly complex—and surprisingly competitive—market for the instant transfer of value. In the near future, most people will be able to exchange money instantly anywhere, any time. A patchwork of competing and collaborating national and multinational instant-payment systems with very …

North American Banking Co. said it can offer customers instant payments to and from any financial institution linked to The Clearing House Payments Co.’s Real Time Payment network. The new service relies on NABC’s ExcheQ application and technology from Open Payment Network.Payments provider Waitr Holdings Inc. announced it will provide stadium ordering to …

Sionic Mobile Corp., a provider of consumer-to-business payments technology, on Tuesday launched CODE Pay a free mobile app for merchants that facilitates bank-to-bank, real-time payments at the point-of-sale. “Merchants have been looking for ways to cut costs and to get off the card network rails,” says Sionic chief executive and …