Pacing Payments

Announcements

  • PNC Joins RippleNet for X-Border Payments—PYMNTS.com

    The treasury management unit of PNC Bank is joining RippleNet, the firm said on Wednesday (Sept. 19). PNC Treasury Management joined the Ripple cross-border payments network that uses blockchain to facilitate global transactions. As members of the network, corporate customers of PNC Treasury Management will be able to receive cross-border payments, the FI said, adding that the solution can help them receive payments against their invoices more quickly for streamlined accounts receivable.
  • Financial Services Seizing the Opportunity in New York—Finextra

    Innovation in Payments, Technology and Cyber Risk Management were all key topics at the Swift Business Forum New York 2018. 600 financial services professionals and industry experts recently gathered in the Big Apple to discuss the opportunities that innovation and collaboration provide.
  • SMBs Claim Control Over Finances with B2B Payments Innovation—PYMNTS.com

    There is a disconnect between the payment options businesses offer their customers and the options businesses use to pay each other. Between real-time payment options, one-click buy buttons and instant credit transfer schemes, consumers get the gold standard when it comes to payments solutions.
  • OCC Issues New Policy Permitting FinTechs to Apply for Bank Charters—NEACH Payments Report

    On July 31, the Office of the Comptroller of the Currency ("OCC") announced its much-anticipated decision to permit non-depository financial technology ("FinTech") companies to apply for special purpose national bank ("SPNB") charters.  The announcement came on the heels of a Treasury Department report issued the same day that, among other things, encouraged the OCC to finalize the SPNB charter proposal.  Details about the new SPNB charter were published in the form of a Policy Statement and a Supplement to the Comptroller's Licensing Manual.

Community Blogs

  • NEACH's Faster Payments Executive Summary published monthly in a quick, easy-to-read charticle and blog post, is your go-to resource for staying in the know about new developments in the faster payments landscape. Each month's briefing highlights ...

Latest Discussion Posts

  • FinTech innovation is rapidly changing the payments ecosystem. In an increasingly competitive and regulated market, financial institutions will have to work together with fintech companies to provide the services their customers are looking for. This ...

  • When it comes to faster payments, opportunities for expansion and innovation abound. From the development of a faster payments playbook by the Payments Innovation Alliance to the upcoming NEACH inaugural Innovating Payments conference, key industry ...

  • ​I found these results to be very interesting. In reviewing them there appeared to be a clear overall acceptance of the Faster Payments Council. As you mentioned in your post Joe, you can certainly see where there will be some challenges in pay structure ...

  • As you may recall, the Faster Payments Task Force made ten specific recommendations that when implemented, will lead to a faster, ubiquitous payments system in the U.S. First on the list was establishing a Governance Framework ( Recommendation 1 ). Toward ...

  • I'm delighted to announce that the 2018 NEACH Innovation & Excellence Awards are now open for nomination. NEACH Innovation & Excellence Awards showcase outstanding payments products and services to the financial services industry and beyond. The ...