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The “hold” period has shrunk considerably, from 10 business days to typically now three, one or zero, making it harder to spot suspicious activity, says FICO's Liz Lasher.8h ago
Vice president of fraud, financial crime and cyber riskFICO -
The Fed plans to make its National Settlement System (NSS) more available. This will help Nacha broaden its settlement capabilities to new regions, writes Icon Solutions' Gene Neyer.April 6
Executive AdvisorIcon Solutions
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New features and improvements often take a back seat to security, says Entersekt's Claudius van der Meulen.March 31
Senior vice president of EuropeEntersekt
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All financial institutions are now in the decision mode of being a "fast follower" and joining the Clearing House scheme, or being a "patient follower" and waiting for the Fed, writes Icon Solutions Gene Neyer.March 30
Executive AdvisorIcon Solutions
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Former Walmart payments executive Reed Luhtanen has been named the new executive director of the U.S. Faster Payments Council, an organization created a year ago to guide American faster payments initiatives.March 25
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Bankers cannot say that real-time doesn’t matter or that the status quo is fine, according to Neocova's Sultan Meghji and Kelsey Weaver.March 12
Co-founderNeocova
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The Fed can take steps now to speed up existing networks.March 10
Director, Center for Monetary and Financial AlternativesCato Institute
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Companies that give employees early access to earned pay don't want to be lumped in with payday lenders, so they are putting a new spin on their pitch: It's a tool to lure and retain valuable workers.March 6
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Customer interaction platform Podium has added a Payments feature, allowing businesses to use text messaging to accept funds directly from customers.March 2
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For real-time payments, there are national schemes to help drive adoption and enhance consumer convenience, according to Standard Chartered's Tarek Elyafi and Shantanu Vijaykumar BhosaleMarch 2
Managing director Americas cash management, head of salesStandard Chartered
