This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The European Payment Council’s One-Leg-Out Instant Credit ...

The way instant payments can be sent and received recently took a major leap forward with the launch of the FedNow Service (FedNow). Developed and operated by the US Federal Reserve, FedNow is an ...

Small-business owners prefer getting money they’re due as fast as possible–who doesn’t? But not all modestly sized companies have the in-house tech staff or the budget to hire outside services to ...

Checkout speed has become one of the most critical factors in today's retail experience. Tolerance for waiting time at the ...

In today's fast-paced financial services landscape, instant payments have become a necessity, not a luxury. The latest generation of the Swiss Interbank Clearing (SIC) system, known as SIC5, developed ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. This is an excerpt from the Future of Payments 2025 report.

Consumers and businesses are embracing instant-payment options for such transactions as bill payment, mobile-wallet funding and defunding, account-to-account transfers, and immediate payroll for ...

It’s a funny paradox. The Federal Reserve Bank’s launch of FedNow in July 2023 promised that consumers and businesses would be able to pay for groceries, pay their suppliers, and pay each other ...

Greece is upgrading IRIS payments with higher limits and EU cross-border connectivity beginning January 15, 2026.

QR codes have been slow to take off in the U.S., but two fintechs are hoping that connecting them to instant payment schemes such as FedNow will provide a boost. Processing Content QR codes are ...

Mastercard Track Instant Pay uses machine learning and straight-through processing to analyze and automatically initiate instant payment of supplier invoices The new, first-of-its-kind virtual card ...