One of the announcements out of Sibos in London this week is a report on payments. Real-time payments are quickly becoming the norm around the world, with the most activity in the Asia-Pacific region.
Read MoreReal-time payments present an opportunity for banks to pursue small- and medium-sized businesses, before fintechs edge them out.
Read MoreVolante Technologies makes banks an offer: Get connected to real-time payments for free with our cloud-based Payments as a Service (Paas) solution. Expiration: 12/31/19; some limits apply.
Read MoreThe Federal Reserve’s announcement Monday that it will build a real-time payment (RTP) system, FedNow, elicited applause and complaints.
Read MoreThe Fed moves at a glacial pace on real-time payments.
Read MoreReal-time payments aren’t quite there yet at The Clearing House (TCH), which launched its real-time payments (RTP) network for the U.S. in November 2017.
Read MoreTen years after the UK launched Faster Payments, the US is partway through the launch of a real-time payments network run by The Clearing House, a private corporation owned by 25 of the largest banks in the country. It will be the first new rails in electronic payments in four decades.
Read MoreThe Financial Revolutionist is weekly newsletter and blog focused on the torrid pace of financial innovation. Today, thanks to the exponential rate of technological change, explosion in global trade and new regulations ushered in by the Great Financial Crisis, a new financial revolution is under way. In this battle, virtually every aspect of the greater financial services sector is subject to rigorous challenge. With the Financial Revolutionist, we are aspiring to create a boots-on-the-ground and highly opinionated assessment of important financial innovation developments in the past week.
