Faster payments

BBVA taps blockchain to make international payments in seconds


Using a program built by Ripple, BBVA has transferred about 50 euro-denominated payments to Mexico from Spain in seconds. Such transactions normally take up to four days to clear, the bank said.


Data wars, financial stress and faster payments


Author Rachel Schneider on income volatility problems; Travis Dulaney talks instant payments; American Banker's Mary Wisniewski discusses the OCC's fintech charter, data aggregation battles, and alternative data.


The future of faster payments is collaboration


The industry has made great strides in faster payments over the past year. Even more cooperation among stakeholders will be needed in the year ahead.


P-to-P payments don’t need pizza emojis to succeed


Many banks and money transmitters have built successful billion-dollar businesses around P-to-P payments without social sharing and letting users send emojis.


The anti-Venmo? Banks' p-to-p payment product eschews social ‘sharing’


When Zelle launches, it will not allow users to share information about their payments with other folks in their network. That decision puts the P-to-P service on a different course than Venmo, its fast-growing rival.


Will real-time payments become real in 2017?


Several groups are developing real-time payments systems for the U.S., and most everyone agrees success is inevitable, but how quickly they can make enough progress to satisfy consumers is a point of contention.


Have the big banks finally cracked the code on P-to-P payments?


The upcoming launch of Zelle gives Chase, B of A, Wells Fargo and other large banks an opportunity to correct their past mistakes.


More than 13M same-day ACH payments made in late 2016


Direct deposit transactions accounted for 52% of all transactions processed through the speedier system


Consumers have gone paperless, time for businesses to catch up


Corporate clients are increasingly asking their banks to help digitize back-office processes. Such a move can help both parties save time and money.