Q3 Digest: The Rise of Instant Payments

Published by Eleanor Kuan on

From the Blog: The Myth of “Instant ACH” Transfers

What exactly is an "instant" ACH transfer? There's no doubt that faster payment solutions are on the rise, but are all "instant" payment solutions as speedy as they claim? Dive in and uncover the truth behind the myth of "Instant ACH," and learn why the right payment solution can supercharge business growth.

Forwardly: The FedNow Service: Is it the new “Cash App” for Small Businesses? Title Card

What Is FedNow? Is It the New 'Cash App' for Small Businesses?

For years, consumers have had popular P2P platforms like Cash App to instantly send and receive money to their friends and family. For SMBs, things are about to change with the recent launch of The Federal Reserve’s FedNow® Service.

Tap into the future of payments

Unlocking Financial Agility:
The Power of Instant Payments for Small Business Bookkeepers

Unleashing the Power of Instant Payments to Boost Financial Agility for Your Clients

Dive deep into the transformative impact of instant payments on bookkeeping, and understand why unlocking financial agility is critical for small businesses.

Find out now

Company News

Forwardly’s Double Triumph with Two FinTech Awards Shortlists

Forwardly continues to cement its position as an industry leader with two nominations for The 2023 US FinTech's Accounting Tech of the Year Award and PayTech USA 2023’s Best Real-Time Payments Solution Awards. Read more

Forwardly’s Diljot Mutti in the Spotlight on FoundersBeta Top 30 Emerging Leaders Under 30

We're excited to celebrate our very own Diljot Mutti, Forwardly CTO and Co-Founder, who has been honored as one of the Top 30 Emerging Leaders Under 30 by FoundersBeta. Read more

Events

Webinar - September 20 | 1:00 pm EDT | 10:00 am PST
Uncat & Forwardly: Your Dynamic Duo for Financial Success
Join us for an exclusive dual-product demo webinar as we showcase a dynamic duo of financial solutions. During the webinar 1 lucky attendee will be selected to win the ScanSnap® iX1300. How cool is that? All you need to do is register to save your seat.
Watch the Episode

Webinar - September 26 | 4:00 pm EDT | 1:00 p.m PST
The 'Appy Hour: The Perks of Receiving Payments In Seconds
Get ready for a Deep Dive into Forwardly! Join us for happy hour on Tuesday, September 26, as our CEO Nick Chandi joins Heather Satterley and Liz Scott from the 'Appy Hour.
Watch the Episode

Las Vegas, Nevada - November 13th to 15th
Forwardly is Headed to QuickBooks Connect
Meet the Forwardly team in person! Our CEO, Nick Chandi, and our Director of Operations and Marketing, Jane Ingram, will be on-site to answer your questions on instant payments and how we can help you think Forwardly.
Read More

Instant Payments Newsroom

  • 58 Million transactions were proceeded with RTP in Q2 of 2023. However, the Federal Reserve's new instant payment system, FedNow, competes with RTP, offering more benefits to banks and credit unions. Many are questioning how quickly financial institutions will widely adopt it. Read more

  • The Clearing House's RTP Network has achieved a new milestone, reaching 1 million daily payments and currently processing over 60 million transactions each quarter. Read more

    Follow us on LinkedIn and Twitter for more instant payments news & updates

Instant Payments Newsroom

Forbes
19 Effective Accounting Tips For Business Success
Read more

Entrepreneur
Slow Payment Options Are Costing Your Business — Here's the Alternatives of the Future
Read more

The Appy Hour
Instant Payments with FedNow: The Small Business Game-Changer
Read more

Webinars & Podcasts

Understanding FedNow’s Impact on Your Clients
Earn free CPE credit while mastering #FedNow's impact on the EarmarkCPE app. Learn why some experts think the Federal Reserve's instant payment network, FedNow service, might replace ACH transfer. Listen now

Accelerating SMB Growth: Unleashing the Power of Instant Payments
Did you miss the news about the FedNow launch? Lucky for you, we held a panel on the day it dropped. Learn how modern payment solutions can be the catalyst for your SMB's growth and success. Watch Now

More From the Blog

Forwardly Blog: Goodbye Same-Day ACH! How FedNow Makes ACH a Thing of the Past
Payments
Goodbye Same-Day ACH! How FedNow Makes ACH a Thing of the Past
Read more

Read the Blog: How Complex Invoice Processing Hinder Growth for Small Businesses
Cash Flow
How Complex Invoice Processing Hinder Growth for Small Businesses
Read more

Read the Blog: Top 7 Benefits of FedNow Instant Payments for Small Businesses

Tips
Top 7 Benefits of FedNow Instant Payments for Small Businesses
Read more

Categories: Blog

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