Emerging real-time or instantaneous settlement of payments, e.g., FedNow.
Link Money CEO Eric Shoykhet says in an interview with PYMNTS that real-time payments are a precursor to the emergence of account-to-account transactions.
THE RISE OF REAL-TIME PAYMENTS AND THE FUTURE OF PAY-BY-BANK – PYMNTS.COM Read More »
This report defines a mobile wallet as a software program that securely keeps different types of payment information on a mobile device.
WHY MOBILE WALLET CONTINUES TO SHINE IN THE UPI AND FEDNOW ERA – FINEXTRA RESEARCH Read More »
A table summarizing the differences between the US Federal Reserve’s FedNow and the Clearinghouse’s RTP
DIFFERENCES BETWEEN FEDNOW AND RTP Read More »
A slide listing the pros and cons of using Zelle for business or at POS.
PROS AND CONS OF ZELLE FOR BUSINESS (POS) Read More »
A quide from Zelle to assist with the acceptance of Zelle at POS.
ZELLE FOR BUSINESS GUIDE 2023 (ZELLE AT POS) Read More »
A link to an article in American Banker describing challenges facing FedNow and valuable lessons that might be gained from India’s experience building real-time payment rails and UPI.
AS FEDNOW ROLLS OUT, THE US HAS MUCH TO LEARN FROM INDIA’S UPI Read More »
A slide showing graphicly how same day and realtime payments may impact fintechs, including insurance, healthcare and other verticals with a strong payments component.
HOW FASTER PAYMENTS WILL IMPACT FINTECHS Read More »
FedNow’s promise of faster payments is not new. Aside from RTP and same-day ACH, we have seen faster payments in a number of forms: closed-loop P2P payments (Venmo, Zelle), wire transfers, stablecoins, and push-to-card. Each varies in settlement type, rail, limit, cost, push/pull capabilities, and transaction limits. This has created an ecosystem where U.S. money movement has become unnecessarily complex. In this white paper by Bessemer Venture Partners they explain that they expect to see more payment-first business models, and a new wave of fraud, and infrastructure to facilitate the patchwork of faster payments in the US.
HOW FEDNOW AND FASTER PAYMENTS WILL IMPACT US FINTECH Read More »
A video presentation by John Anderson of PLAID, Lily Varon of Forrester, and Akashi Desai of Novo, about the state of real-time payments, with a special focus on fraud.
TECH TALK: THE ROAD TO REAL-TIME PAYMENTS Read More »
An article describing why bank consortia succeed or fail.
THE PAST, PRESENT, & FUTURE OF BIG BANK CONSORTIUMS (PROBLEMS) Read More »