Faster payments

Banks are building a super-speed money highway in the Nordics

The biggest Nordic banks expect to launch a new piece of financial infrastructure next year, promising to dramatically speed up international transfers in one of the world’s most technologically advanced regions.

Faster payments July 16

Faster payments July 16
Real-time corporate payments not ready for prime time

The quest for fast payments is advancing on the consumer side, but most banks are said to be undecided about a host of issues tied to speeding up transactions between businesses.

Faster payments Laura Alix June 21

Faster payments Laura Alix June 21
Paysafe in pact to launch same-day settlement in U.S.

U.K. payments technology provider Paysafe has entered a partnership with Company.com and Ingo Money to offer same-day settlement to small business merchants in the U.S.

Faster payments David Heun June 20

Faster payments David Heun June 20
PayThink Faster pay's real-time fraud calls out for tokenization

David Worthington
Vice President Rambus

The move from standard to real-time transactions adds another layer of complexity and creates further opportunities for fraudsters. Quicker transaction times increase the chances of fraudulent transactions going undetected, writes David Worthington, vice president of payments at Rambus.

Faster payments June 20

Faster payments June 20
Australia’s Beem It eschews new fast-payments platform in favor of debit rails

Beem It, a startup owned by three of Australia’s largest banks, has launched a free real-time social payments app designed to run on older debit networks instead of the country's new faster payments platform.

Debit cards Robin Arnfield June 11

Debit cards Robin Arnfield June 11
Mastercard taps Starling Bank to settle faster U.K. push payments

Mastercard is working with Starling Bank as its strategic partner to settle funds sent within the U.K. through its Mastercard Send service.

Faster payments Kate Fitzgerald June 6

Faster payments Kate Fitzgerald June 6
Intuit updates QuickBooks for gig workers and faster payroll

Intuit has added new features to QuickBooks Payroll so employers can make payroll at the last minute, delivering same-day paychecks to workers with the option to make direct deposits to contract employees.

Faster payments Kate Fitzgerald May 31

Faster payments Kate Fitzgerald May 31
Linked2pay, Push Payments collaborate on instant settlement for card receipts

The companies have built a product that attempts to beat the current standard of next or same day settlement.

Payment processing David Heun May 30

Payment processing David Heun May 30
Visa puts P2P flexibility to the test in Canada

The expansion of Visa Direct is designed to speed disbursements for health care patients who can receive an instant payment versus waiting several days to a week for payout.

P-to-P payments John Adams May 8

P-to-P payments John Adams May 8
PayThink Faster payments won't happen without cross-industry governance

Michael Bilski
CEO North American Banking Company

Payment system change in the United States has always benefited from a consensus-driven approach that incorporates the views and behaviors of many, financial institutions, payment processors, technology providers, merchants, regulators, consumer advocates and others, writes Michael Bilski, CEO of North American Banking Company.

Faster payments May 2

Faster payments May 2

See more Faster payments

Faster payments

Like what you see? Make sure you're getting it all

PaymentsSource