Real-time payments

The promise of real-time payments and the reality of the market are often at odds. That’s not a bad thing — it’s a sign there are pockets of demand that weren’t originally foreseen.

Hint: For their e-commerce clients, it's all about faster payments.

The massive scale of the e-commerce market is burdening community banks with its volume of payments. But there may be strength in numbers.

FedNow will provide another option for real-time payments but executives will have to decide if this option is right for their institution.

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Crypto technology will play a major role in the central bank's real-time payments system.

Community banks and tech companies that are happy the central bank is building a next-generation system are not as pleased with its four- to five-year timeline. But big banks see the slow rollout as an opportunity to expand their own instant payment network.

The Clearing House has been quite clear that it did not think the Federal Reserve's FedNow real-time settlement service would be necessary. But some of its executives are rethinking that stance.

BBVA Peru is the first bank to deploy a real-time mobile payments platform designed by YellowPepper, following Visa’s May 2018 investment in the Miami-based fintech.

Crypto technology will play a major role in the central bank's real-time payments system.