2023 ACI Speedpay Pulse report: ACI Worldwide
September 7, 20236 min
As consumer debt rises, faster payment processing in real-time payments enables Americans to defer their bill payments but still pay on time
DataVisor releases New Fraud Solution
August 18, 20237 min
DataVisor, the AI-powered fraud and risk platform, announced the release of its newest solution to prevent instant payments fraud as the FedNow Service expands instant payments options. DataVisor’s Real-Time Payments Fraud Solution leverages rich account life-cycle signals, advanced machine learning techniques and prebuilt rules that have been tested and proven effective for real-time payments fraud scenarios. By incorporating this solution, financial institutions (FIs) can confidently embrace instant payment technologies facilitated by entities such as The...
Adyen certified to utilize the FedNow Service
July 17, 20234 min
The certification enables Adyen to provide real time payment and payout services in the U.S. Adyen, the global financial technology platform of choice for leading businesses, is among the first to complete testing and receive certification to utilize the FedNow(R) Service, the Federal Reserve’s instant payment infrastructure launching in July 2023. Adyen obtained a U.S. banking branch license in 2021, a reflection of the company’s long-standing commitment to commercially investing in the North America region. By becoming one of...
ACI Instant Pay integrates seamlessly with existing checkout experiences to provide access to lower cost payments, instant liquidity and reduced risk of fraud
Strike Expands “Send Globally” to Mexico
June 15, 20234 min
Send Globally brings lightning-fast money transfers directly to recipients’ bank accounts as cross-border payments from the U.S. to Mexico reach historic highs
Paystand Launches First NetSuite Self-Driving AR Solution
May 26, 20226 min
Paystand SuiteApp for NetSuite enables fast, efficient and profitable payments, delivering advanced features for accepting deposits for Quotes & Estimates, auto conversion of quotes to sales orders, instant Cash Sales for Sales Orders, and AutoPay Upon Fulfillment
Routable, a modern and intuitive business payments platform, with a focus on mass payouts, today announced the launch of Real-Time Payments (RTP®), which allows businesses to securely pay vendors and contractors within seconds. Routable built RTP® leveraging its extensive experience in mass payouts, so it can accommodate businesses as they scale from 250 payouts per month to over 100,000. This is a significant competitive advantage for companies looking to strengthen relationships with key third parties...
U.S. consumers are seeking faster payments in more areas of their increasingly on-demand lives, with four out of five saying they are interested in faster options to pay businesses, according to a survey released today by the Federal Reserve Banks. About 70% say having access to enhanced faster payment capabilities from their financial institution(s) is an important satisfaction driver. “From recurring payments to last-minute bill pay, consumers are looking for faster payment options that give them more...
Citi Launches SEPA Instant Payments in Europe
May 5, 20224 min
Citi has announced the launch of Single Euro Payments Area (SEPA) Instant Payments in Europe, further increasing the bank’s global Instant Payments offering. The launch will provide clients with the ability to pay to and receive from 36 SEPA countries instantly. The offering allows SEPA Credit Transfers to be made within seconds, 24/7 and funds available to recipients immediately. Payments can be made to and received from SEPA Instant participating banks located anywhere within the...