Articles with tag: instant payments

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EBANX's study reveals trends for payments in LATAM in 2021

News | Online Payments | 12 Jan 2021

EBANX's study – Beyond Borders 2020/2021 – has revealed that 2021 should cement trends such as instant payments, digital wallets, and mobile shopping in Latin America.  

payments trends, Latin America, EBANX, Beyond Borders, study, instant payments, digital wallets, mobile payments, ecommerce, boleto, cash payments, debit cards

i2c to power Pakistan's digital-native financial super app in 2021

News | Online Payments | 07 Jan 2021

i2c Inc. has been selected to power Pakistan’s TAG, the nation’s first digital-native financial super app due to launch in Q1 of 2021.

i2c, TAG, Pakistan, financial super app, partnership, instant payments, unbanked, ATM, bill payments

VibePay, StreamElements to offer instant payments for gamers

News | Payments General | 18 Dec 2020

UK-based VibePay has announced the partnership with content creator tools provider StreamElements to support the gaming community to make and receive tips. 

VibePay, StreamElements, partnership, instant payments, gaming, A2A payment, Open Banking

Pix goes live: updated numbers on the new instant payment method in Brazil

Voice of the Industry | Online Payments | 15 Dec 2020

Ralf Germer, CEO and Co-Founder of PagBrasil, outlines the successful start of Pix in Brazil, and its potential of driving mobile payments in the country, now that PagBrasil’s platform enables this instant payment method

PagBrasil, Pix, instant payments, emerging markets, mobile payments, online payments, payment infrastructure, fintech

EPI Interim Company adds new members to the European Payments Initiative

News | Payments General | 10 Dec 2020

EPI Interim Company, responsible for initiating the implementation of the European Payments Initiative (EPI) has announced new members joining as founding shareholders.

EPI Interim Company, European Payments Initiative, EU, PKO Bank Polski, OP Financial Group, EPI, payments, instant payments, SCT Inst, digital wallet, P2P

Fabrick, Nets partner to bring instant payments to life

News | Online Payments | 08 Dec 2020

Italy-based company Fabrick has partnered with Nets to launch a strategic partnership for creating products, services, and new ecosystem business opportunities in the instant payments space.

Fabrick, Nets, business partnership, instant payments, Bankart, digital wallet, fintech, online payments, Open Banking

EBA CLEARING's RT1 expands instant payment reach in Luxembourg

News | Payments General | 26 Nov 2020

EBA CLEARING has announced that its RT1 platform has considerably expanded its reach in Luxembourg. 

EBA CLEARING, RT1, instant payments, Luxembourg

JoomPay obtains e-money license

News | Mobile Payments | 24 Nov 2020

Social finance app JoomPay has obtained an electronic money license in Luxembourg.

JoomPay, social finance app, electronic money license, e-money, online payments, Europe, instant payments, marketplace, mobile payments

The Open Banking journey in Latin America

Voice of the Industry | Online & Mobile Banking | 24 Nov 2020

Bruno Diniz, Managing Partner at Spiralem, discusses the state of play in Open Banking in Latin America, the opportunities there, and further steps to unleash the potential of Open Banking

Bruno Diniz, Spiralemm PSD2, Open Banking, Open Finance, LATAM, Brazil, Mexico, financial services, API, fintechs, equity crowdfunding, P2P lending, Fintech Law, instant payments systems, Banxico, CNBV, Open Data, Central Bank of Brazil, CMN, PIX, PISPs

Instant payments system PIX goes live in Brazil

News | Online Payments | 05 Nov 2020

Brazil's instant payments system PIX went live on November 3 with a limited pool of users ahead of the full launch later this month.

PIX, instant payments, Brazil, banks, fintech, transactions, transfers

Maldives Monetary Authority to implement instant payments with TietoEVRY

News | Online Payments | 04 Nov 2020

Maldives Monetary Authority (MMA) has signed an agreement with Finland-based IT solutions provider TietoEVRY, to implement an Instant Payments System in the Maldives. 

Maldives Monetary Authority, TietoEvry, partnership, Maldives, instant payments, Maldives Payment System Development Project, online payments, Instant Payments System, PSP, Asia, APAC

eftpos acquires instant payment service Beem It

News | Mobile Payments | 03 Nov 2020

Australia-based payment system provider eftpos has acquired the instant payment service Beem It.

eftpos, Beem It, Australia, acquisition, instant payments, payment service provider, e-wallet

SIA provides 'Request to Pay' access to Europe-based FIs

News | Online & Mobile Banking | 02 Nov 2020

Italy-based payment group SIA has announce plans to enable financial institutions for Request to Pay (R2P) on EBA Clearing’s technology infrastructure, compliant with the European Payments Council (EPC) scheme.

SIA, Request to Pay, Europe, FI, financial institutions, R2P, EBA, EBA Clearing, EPC, European Payments Council, SIA EasyWay, PSP, instant payments, Banca Sella

Fed creates pilot program for FedNow instant payments

News | Payments General | 22 Oct 2020

The Federal Reserve has announced the creation of the FedNow Pilot Program to support development, testing and adoption of the FedNow Service. 

Federal Reserve, instant payments, FedNow Pilot Program, US

BMO, The Clearing House to operate in the Real-Time Payments network

News | Payments General | 13 Oct 2020

Canada-based investment bank BMO Financial Group has partnered with The Clearing House Payments Company allowing US corporate clients to operate in the bank’s RTP network.

BMO, The Clearing House, partnership, RTP, RTP network, Mastercard, Canada, US, United States, North America, instant payments, corporate banking, investment banking, multinational investment bank, Bank of Montreal

ECB launches feasibility study into instant cross-border payments in Sweden

News | Online Payments | 12 Oct 2020

European Central Bank (ECB), in collaboration with Sveriges Riksbank, has announced it is launching an investigation into how the platform could support low-cost instant cross-currency transactions.

ECB, European Central Bank, TIPS, Target Instant Payment Settlement, instant payments, Sweden, Europe, digital payments, real-time low cost payments, merchant payments, ecommerce, consumer goods payments,

Volume of real-time payments surges during pandemic, FIS reports in new study

News | Online Payments | 06 Oct 2020

A research released by FIS has revealed that adoption and usage of real-time payments has accelerated amidst the COVID-19 pandemic.

FIS, real-time payments, COVID-19, Flavors of Fast, cross-border payments, instant payments, Request-to-Pay, R2P

Instant payments transaction values to reach USD 18 trillion by 2025

News | Payments General | 28 Sep 2020

The value of instant payments, where transactions are completed within ten seconds, will reach USD 18 trillion in 2025, according to a new study from Juniper Research.

Juniper Research, instant payments, real-time payments, B2B payments, digitalisation, study, RTP, US, Europe

EU to launch crypto-assets regime by 2024, EU documents say

News | Cryptocurrencies | 25 Sep 2020

The European Union aims to introduce new rules within four years to modernise cross-border payments using of blockchain and crypto assets like stablecoins, two EU documents showed.

Stablecoins, cryptocurrency, blockchain, Libra token, Instant payments, crypto assets, Europe

The subscription economy and recurring payments in Brazil

Voice of the Industry | Online Payments | 22 Sep 2020

Ralf Germer, CEO and Co-Founder of PagBrasil, brings into focus the proliferation of alternative payments methods for the subscription economy sector in Brasil

Ralf Germer, PagBrasil, Brazil, alternative payment methods, subscription economy, LATAM, Latin America, Associação Brasileira de Comérico Eletrônico, boleto bancario, PIX, instant payments, SaaS, StartSe, Wine, Tag Livros, Glambox, ecommerce, online shopping, Central Bank of Brazil, QR code, QR payments