Articles with tag like: instant payments

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The implications of the European Commission retail payments strategy on cross-border payments in Europe

Voice of the Industry | Online Payments | 24 Feb 2021

Robrecht Vandormael of Payments Europe: ‘The Commission believes charges for both regular and instant credit transfers should be the same – although it notes that there will be additional costs for the provider if features and add-ons, such as chargebacks, are offered with instant payments’

Robrecht Vandormael, Payments Europe, instant payments, cross-border payments, SCA, PSD2

Temenos joins the FedNow pilot programme

News | Payments General | 23 Feb 2021

Switzerland-based banking software company Temenos has announced that it has been selected by the Federal Reserve Bank to participate in the FedNow Service pilot programme.

Temenos, Federal Reserve Bank, FedNow, instant payments, financial institutions

JOOR expands payment capabilities with SEPA and ACH partnerships

News | Online Payments | 23 Feb 2021

JOOR, a wholesale management platform for fashion, beauty, and home, has partnered with SEPA (Single Euro Payments Area) and ACH (Automated Clearinghouse Network).

JOOR, SEPA, ACH, business partnership, instant payments, retail, money transfer, online payments

Saudi Central Bank launches instant payment system

News | Online Payments | 22 Feb 2021

The Saudi Central Bank (SAMA) has launched the ‘sarie’ instant payment system.

Saudi Central Bank, SAMA, Sudi Arabia, instant payments, financial inclusion, sarie, online payments

EBA CLEARING's RT1 platform reaches critical mass

News | Payments General | 10 Feb 2021

France-based EBA CLEARING has announced that its RT1 platform has reached critical mass in Belgium for instant payments.

EBA clearing, RT1, Belgium, banking, payment accounts, instant payments, SEPA, Single Euro Payments Area, SCT, real-time payments

ZEN launches in 32 markets with the support of Currencycloud

News | Online Payments | 01 Feb 2021

ZEN has announced its launch in 32 markets, including the UK, with the support of Currencycloud.

ZEN, Currencycloud, business partnership, multi-currency, instant payments, ecommerce, PSPs

Sokin, Mastercard partner in South Asia to expand fixed-price payments service

News | Payments General | 29 Jan 2021

Sokin has partnered with Mastercard in South Asia to provide its fixed-price payment services in India, Sri Lanka, Bangladesh, Nepal, and the Maldives.

Sokin, MasterCard, business partnership, South Asia, international money transfers, consumers onboarding, instant payments

Railsbank partners with sync.

News | Online & Mobile Banking | 28 Jan 2021

Global Banking-as-a-Service platform Railsbank has partnered with digital smart Open Banking app sync., according to the official press release.

Railsbank, sync., Open Banking, app, BaaS, Banking as a Service, platform, debit, credit, instant payments, card

Beam, Nuapay to enable Open Banking payments for WooCommerce

News | Online Payments | 28 Jan 2021

Open Banking pioneer Nuapay has partnered with fintech payments service provider for SMBs Beam to provide Open Banking payments to WooCommerce clients.

BEAM, Nuapay, Open Banking, payments, WooCommerce, merchants, online merchants, omnichannel, instant payments, account to account, SCA, UK

Finzly joins FedNow pilot program

News | Payments General | 27 Jan 2021

US-based Finzly has been selected to participate in the Federal Reserve Banks’ pilot program for its FedNow SM Service, a new instant payment service.

Finzly, FedNow, Federal Reserve Banks, SM Service, US, instant payments, payment hub, RTP, real-time-payments

TrueLayer launches PayDirect, an Open Banking payment method

News | Online Payments | 26 Jan 2021

Fintech TrueLayer has launched PayDirect, a new payments method enabling companies to create streamlined, secure, and cost-effective onboarding and payments processes, according to OBE.

TrueLayer, Paydirect, Open Banking Payments, Open Banking, payment method, SCA, KYC, AML, instant payments

Exclusive interview with NPCI – instant payments and digital transformation in India

Interviews | Online Payments | 25 Jan 2021

The Paypers sat down with Dilip Asbe, MD and CEO of National Payments Corporation of India (NPCI), to learn more about India’s digital transformation and the status of instant payments in the region

Dilip Asbe, National Payments Corporation of India, NPCI, interview, India, digital transformation, instant payments, UPI, merchants, smartphone penetration, real-time payments

BTG+ incorporates Feedzai AI solution

News | Online & Mobile Banking | 22 Jan 2021

LATAM-based investment bank BTG Pactual has partnered with Feedzai to include the latter’s AI solution in the newly launched retail bank BTG+, according to Yahoo Finance.

BTG+, Feedzai, AI, LATAM, BTG Pactual, LATAM, retail bank, investment bank, PIX, instant payments, real-time payments, Central Bank of Brazil

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