Search Results for: real-time payments
Treasurers See Plenty of Use Cases for Real-Time Payments, And They’re Writing Fewer Checks
Corporate treasurers can identify numerous use cases for real-time or otherwise faster payments, but they do worry about transaction security, according to the Association for Financial Professionals. Some 60% of respondents surveyed in the AFP’s newly released 2019 payments study said business-to-business transactions will benefit the most from faster and …
Read More »The New Reality in Real-Time Payments
Now that the Fed’s so-called public option is no longer a matter of speculation, the race is on to dominate a crucial payments market. But in real-time transactions, will the race go to the swift? After 10 months of playing it coy, the Federal Reserve early last month finally jumped …
Read More »TCH Forges on with Its Real-Time Payments Network as the Fed Crafts a Rival Service
The private-sector operator of the only national real-time payments network wasn’t too enthused when the Federal Reserve announced earlier this month that it would launch a rival service in 2023 or 2024, but the Fed’s move sparked at least a temporary windfall for The Clearing House Payments Co. “One of …
Read More »It’s Official: The Fed Is Jumping Into Real-Time Payments With FedNow
Ending months of speculation, the Federal Reserve confirmed Monday it will launch a real-time payments service by 2023 or 2024. The banking regulator, which also published Monday a notice in the Federal Register outlining its plan and requesting comment, will thus take what it says is its biggest move in …
Read More »Fed Real-Time Payments Decision Today? Faster Payments’ Unique Risks; Clark Adds ControlScan Services
Will It Or Won’t It? The Fed May Announce Its Decision on Real-Time Payments Monday
The Federal Reserve is widely expected to announce Monday whether it will enter the business of real-time payments as an operator competing with existing private-sector players. A so-called public option from the national banking regulator could please retailers and small financial institutions concerned about whether the nascent real-time payments market …
Read More »Humanizing Payments; Real-Time Payments by 2020? Plus Weekly Recap
More Bitcoin Merchant Volume? Caught in Wall Street’s Downdraft; PayFi Adds Real-Time Payments Option
PayFi Adds Real-Time Payments Option and other Digital Transactions News briefs from 6/4/19
PayFi, which provides a banking platform, said it will offer real-time payments services from The Clearing House Payments Co. LLC to community banks. Most U.S. consumers—38%—are likely to use a credit card for online subscription payments, finds a report from GoCardless, a recurring-payments company. Thirty-four percent choose a debit card, …
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