At the J.P. Morgan Payments Innovation Forum, Dream Payments announced Dream Payouts, a programmable business payment network that lets U.S. companies securely initiate payments to people, partners and suppliers.

Eligible payments can arrive in real time, including on nights, weekends and holidays. Software platforms can embed the same capabilities directly into their products.

Paid last, and paid slowest

Small businesses represent 99.9% of all American businesses, employ 62.3 million people, generate 43.5% of U.S. economic activity and created nine of every ten net new jobs last year . Nearly 30 million have no employees, which means the owner is often also the salesperson, the operator and the bookkeeper.

More than 90% of organizations continue to pay by check, and more than three-quarters have no plans to stop. Most businesses cannot originate a real-time payment through their financial institution. Of roughly 10,000 U.S. banks and credit unions, approximately 1,280 participate in The Clearing House RTP network and more than 1,800 participate in FedNow. Many participating institutions can receive instant payments but cannot yet send them [3].

The capabilities to make a payment To initiate a supplier payment through Dream Payouts, a business needs one piece of information: the supplier's email address.

Dream Wallet. A payments account provided through J.P. Morgan, subject to eligibility and account-opening requirements, that gives a company one place to receive funds, maintain an operating balance and make payments.

Dream Email Payouts. A business enters a recipient's email address and sends the payment. Eligible payments can arrive through the RTP network in under 30 seconds, including on nights, weekends and holidays, with ACH and wire available when real-time delivery is unavailable or not selected [3].

Dream Payee Portal. Suppliers onboard through the Dream Payee Portal, enter and maintain their own banking details and choose how they want to be paid. Once enrolled, they remain ready to receive future payments through the network.

Dream Payment Controls. Roles, limits and approval workflows separate the people who request payments from the people who release them, with every transaction tracked from initiation through settlement. In addition, email addresses are securely stored and validated. The email itself never carries payment instructions: Dream invites each recipient to onboard onto the network, verify their identity with multi-factor authentication, and confirm their banking details directly with their bank. The result is protection against the most common forms of business payment fraud: vendor impersonation, intercepted messages and altered banking instructions fail because there is nothing in the email to steal and no payment detail to change.

Moving money at the speed of business

Speed matters most to the person waiting to be paid.

The supplier, contractor or crew receiving a business payment is often another small business operating with the same limited financial cushion. The JPMorganChase Institute, using data from 1.4 million small businesses, found that half operate with fewer than 15 cash-buffer days, the number of days a business could cover its normal outflows if money stopped coming in.

Every business that pays in seconds instead of days helps close that gap for another business.

Dream Payouts also changes how supplier banking information is handled. Suppliers maintain their own payment details inside the Dream Payee Network, reducing the need for payer employees to collect, store or manually update supplier account information.

The FBI recorded $3.05 billion in reported business email compromise losses in 2025 [5]. These schemes frequently involve vendor impersonation, fraudulent changes to banking instructions and the diversion of legitimate payments. Seventy-six percent of U.S. organizations experienced attempted or actual payments fraud during the same period [2].

Supplier-managed payment credentials do not eliminate fraud risk. They can reduce one of its most persistent attack surfaces: the manual collection and alteration of vendor banking details.