Remove Financial Technology Remove Operations Remove Payments
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Taking Real-Time Payment Rails To The Tipping Point

PYMNTS

Real-time payments are imperative for running successful operations in today’s global ecosystem. Digital payments sent internationally are expected to move past $1 trillion in 2025, but getting to that point will require support from payment providers, regulators and other such firms still building out the necessary infrastructure.

Payments 304
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How Visa, FIS, TCH, SWIFT, Nacha and Circle See The Future of Faster, Real Time Payments Rails

PYMNTS

With the current state of economic upheaval, the ongoing pandemic and the great digital shift, corporates and financial institutions are racing to digitize and modernize payment flows and back-end processes. That’s strong growth for something that is a mature payment product,” said Larimer.

Payments 313
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ACI Worldwide, Mastercard Join Together To Ramp Up Real-Time Payments

PYMNTS

Mastercard and ACI Worldwide are teaming up to “provide a wide range of real-time payment solutions globally.” This will address the opportunity created as the “account-to-account payments market continues to quickly expand,” a press release said on Tuesday (Sept. ACI is a payment-systems company headquartered in Naples, Fla.

Payments 248
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How FinTechs Help Companies Optimize Their Payments Acceptance Costs

PYMNTS

FinTechs are helping companies understand and optimize their total cost of payments acceptance through technology. Big online eCommerce, gig economy or other merchants “tend to have a lot of different payment services that they use,” he told PYMNTS in an interview.

Company 209
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How Treasurers Can Prepare For A Real-Time Payments Ecosystem

PYMNTS

One financial technology firm currently navigating the process of securing a bank charter is Avanti Financial Group , and as it approaches market launch, Founder and CEO Caitlin Long said the firm is focusing on another area of financial services that has struggled to manage complex regulatory challenges: digital assets.

Payments 294
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APIs Streamline Cross-Border SMB Payments

PYMNTS

Managing and executing payments globally can be a sticking point, though, as companies must grapple with fund flows across banks and supply chains , where fees accrue and processing times can be slow. Beyond the cost of the transactions themselves, there’s a palpable drag on operations. Additionally, the transfers take many days.”.

Payments 232
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Free Up Operational Time With Simpler Payment Processes

PYMNTS

The adage holds true in payments, especially, and manual processes are to blame. That’s when operational streamlining through financial technology becomes key. Do this day in and day out, and you create operational inefficiencies that may eventually cripple a company. Waste one, you waste the other.