Blog · 3 min
Changing payment workflows is widely seen as a costly and time-consuming exercise for Financial Institutions (FIs). However, a flexible new solution being developed by Form3 will make it quicker, easier and more cost effective for customers to change their payment workflows.
March 16, 2023
Blog · min
One area that has not received much attention is the way banks connect to their endpoints or partner banks. The same technology and technical setup have been used for the last 40 years, and it is not a common set of standards across the industry. While you can control what happens within your own bank, the reality is that banking relies heavily on other banking partners who may not have the same level of quality or design. This is particularly true when it comes to tackling one of the most fundamental areas of financial technology: account-to-account payments.
March 13, 2023
Blog · min
Faster payments has been around for some time globally. However, it seems to just be kicking off in the United States. Real-time payments has seen impressive growth in volumes last year. With FedNow joining the real time payments arena with its launch mid 2023, adoption across US banks is expected to increase. With the list of tangible use cases increasing, banks that aren't planning now risk being left behind and failing to meet their customers' demands for a new 24/7 world.
March 8, 2023
Webinar · 45 min
As the US moves toward broad adoption of real-time payments (RTP) with the deployment of FedNow, it can learn a lot from the UK’s implementation of real-time payments.
March 3, 2023
Webinar · 60 min
The Economic Crime and Corporate Transparency Bill will only go so far towards enabling information sharing between certain businesses for the purposes of preventing, detecting, and investigating economic and financial crime. So, what can the private sector do to expedite progress and how can you protect your business from poor data quality?
February 27, 2023
Whitepaper · 2 min
Since the launch of RTP in 2017, the adoption of real-time payments in the US has increased rapidly, with over 200 banks now using the system. Fast forward to today, and the upcoming launch of FedNow is set to be another major milestone in the continuing adoption of real-time payments.
February 23, 2023
Blog · 4 min
The banking industry has undergone significant changes over the past few years. With the continuing emergence of digital banks and new players in the industry, the game has changed, and both traditional banks and fintechs are now faced with new challenges and opportunities. The question that arises is, how can banks stay relevant and add value to their customers in this new banking battlefield?
February 17, 2023
Blog · 2 min
Since the launch of RTP in 2017, the adoption of real-time payments in the US has increased rapidly, with over 200 banks now using the system. Fast forward to today, and the upcoming launch of FedNow is set to be another major milestone in the continuing adoption of real-time payments. But how these two systems will coexist is another matter. At this stage it is not certain when – or even whether – FedNow will eventually interoperate with RTP, particularly in light of a recent communication from the Federal Reserve. So how will the two systems interact? Which system should be used in different scenarios? And what are the options for banks wishing to take advantage of both systems?
February 8, 2023
Webinar · 30 min
For many US banks, next year's summer blockbuster will be the launch of FedNow, as what many are seeing as the next milestone in the move to real time payments in the US. With the system joining the existing RTP system with both promising to modernize the way money moves and allow for greater use of instant payments, it seems the shift to real-time payments is 'inevitable'.
January 27, 2023
1 of 12