Articles with tag: real time payments

Found 39 results in 314 milliseconds.

India-based Eroute to launch UPI-based offline payments solution

News | Payments General | 13 Jan 2021

Fintech startup Eroute Technologies has announced plans to launch an offline payments solution based on the Unified Payment Interface (UPI), according to electronicpaymentsinternational.com.

Eroute Technologies, UPI, offline payments, product launch, India, fintech, startup, Unified Payment Interface, real time payments, NPCI, RBI, USSD

Form3, Mastercard to enable access to real-time payment infrastructure

News | Payments General | 16 Dec 2020

Cloud-native PSP Form3 has secured a partnership with and investment from Mastercard to help banks and FIs around the world connect with domestic and international payment platforms.

Form3, Masterard, real time payments, payment infrastructure, account to account, payments, batch payments, banks, partnership, investment

Central Bank of Iceland, SIA launch interbank payment system

News | Payments General | 27 Nov 2020

The Central Bank of Iceland (CBI) and SIA have gone live with the new real-time gross settlement system (RTGS) and the new instant payment platform.

Bank to Bank, P2P, P2B payments, B2B payments, real time payments, interbank payments system, partnership, Central Bank of Iceland, SIA

How CBDCs can operate seamlessly with existing networks – and why they should

Voice of the Industry | Online Payments | 25 Nov 2020

Mastercard’s Raj Dhamodharan agrees that CBDCs could work alongside existing schemes such as RTP to enable central banks to focus on CBDC minting and issuance while banks and PSPs focus on payment processing and distribution through existing channels

Raj Dhamodharan, Mastercard, CBDC, blockchain, payments, banking, PSP, innovation, distributed ledger, digital asset technologies, central banks, real time payments, settlement, RTP

Australia's real time payments platform NPP achieves important milestones

News | Payments General | 06 Nov 2020

Australia’s centralised real time payments platform New Payments Platform (NPP), which was launched in 2018, has released some data on transaction volumes and revealed its product roadmap.

Australia, NPP, real time payments, banks, credit unions, building societies, fintechs, financial institutions, account-to-account credit payments, PayID

First Centrelink payments to flow through the SAP-based centralised payments platform in Australia

News | Payments General | 05 Nov 2020

The first Centrelink payments have begun flowing through the SAP-based centralised payments platform built under the welfare payments infrastructure transformation (WPIT) program in Australia.

payments platform, Infosys, Australia, Centrelink payments, real time payments, welfare payments

Emirates NBD transforms its international payments operations with TCS BaNCS

News | Payments General | 14 Sep 2020

Emirates NBD, a Middle East-based financial services group, has successfully deployed a centralised international payments hub for multiple entities, running on TCS BaNCSTM for Payments.

RTGS, NEFT, while in UAE, Emirates NBD, Emirates Islamic Bank, banking, payments, real time payments, TCS BaNCSTM

ACI Worldwide, Capsys, T-Systems to power majority of Hungary's real-time payments

News | Payments General | 01 Sep 2020

ACI Worldwide, a global provider of real-time digital payment software and solutions, has announced that it powers approximately 75% of Hungary’s real-time payments.

ACI’s Retail Payments, PSD2, banking, Hungary, real time payments, OTP Bank, Erste Bank Hungary, EBH, Takarekinfo, Capsys, T-Systems, origination, processing, clearing, fraud detection

Redstone Federal CU, Fiserv extend partnership for P2P payments and A2A transfers

News | Payments General | 25 May 2020

Redstone Federal Credit Union has extended its partnership with Fiserv to offer person-to-person (P2P) payments and account-to-account (A2A) transfers.

Redstone Federal, CU, Fiserv, US, partnership, P2P payments, A2A transfers, payments, real time payments, money transfers

IBM Canada, credit unions team up for payments modernisation on IBM Public Cloud

News | Payments General | 13 May 2020

A new Prairie Payments Joint Venture (PPJV) and IBM have signed an 8-year, multi-million-dollar agreement to digitally transform and modernise credit union payment services in Canada.

Prairie Payments Joint Venture, PPJV, IBM, IBM cloud, payment modernisation, digital transformation, real time payments

MYbank to release USD 282 bln lending plans during pandemic

News | Online & Mobile Banking | 06 May 2020

Online lending platform MYbank, backed by Jack Ma, has planned to issue USD 282 billion worth of loans to small- and medium-sized companies in 2020.

MYbank, pandemic, online lending platform, Jack Ma, SME, China, lending surge, Ant Financial, loan algorithms, real time payments

Jack Henry assists 100 FIs to offer real-time payments

News | Payments General | 05 May 2020

More than 100 financial institutions have implemented Jack Henry & Associates’ faster payments hub, JHA PayCenter, to connect to Early Warning Services’ Zelle Network and The Clearing House’s RTP network.

faster payments, Pegasus Bank, JHA PayCenter, Zelle, RTP, real time payments, payment apps, Early Warning, Jack Henry & Associates

Central Bank of Brazil starts testing settlement infrastructure for instant payments

News | Payments General | 16 Apr 2020

The Central Bank of Brazil has started a new phase in the testing process for Pix, the upcoming national instant payments platform.

Central Bank of Brazil, Pix, instant payments, cashless payments, real time payments, Brazil, settlement system

Mindgate joins the US Faster Payments Council

News | E-invoicing, SCF & E-procurement | 13 Apr 2020

Mindgate Solutions, a global payments technology and transaction processing provider, has officially joined the US Faster Payments Council (FPC).

Mindgate Solutions, payments technology, transaction processing provider, real time payments, Faster Payments Council, FPC, supply chain finance

COVID-19 crisis highlights need for real-time payments, ACI report

News | Payments General | 03 Apr 2020

More than half a trillion real-time payments transactions will be processed over the next five years, according to Prime Time for Real-Time, a new global report from ACI Worldwide and Global Data.

ACI Worldwide, Global Data, study, real time payments, transactions, payments experience, digital payments

Same Day ACH dollar limit increases from USD 25k to USD 100k

News | Payments General | 23 Mar 2020

The dollar limit per payment, for Same Day ACH, quadrupled to USD 100,000 on March 20, 2020.

NACHA, payments, insurance, real time payments, Same Day ACH, US, electronic payments

Erste Bank Hungary selects valantic for request-to-pay functions

News | Payments General | 11 Mar 2020

Erste Bank Hungary, the subsidiary company of the Erste Bank Group Vienna, has selected valantic to develop real-time payments and request-to-pay functions.

Erste Bank Hungary, valantic, real time payments, fintech, investment banking, SWIFT, ISO 20022, Central Bank of Hungary, SEPA

Groupee rolls out instant pay sharing platform

News | Online Payments | 24 Dec 2019

Millennial-focused fintech Groupee has introduced a real-time payment app that allows groups of people to instantly share the cost of purchases, where Visa tap-and-go payments are accepted.

mobile payment, online payments, real time payments, app, Australia, commerce, Visa Debit card, Groupee, fintech, bill splitting

Wells Fargo follows HSBC, announcing real-time payments through The Clearing House

News | Online Payments | 20 Nov 2019

Wells Fargo has revealed that its corporate customers can now send real-time payments through The Clearing House's RTP network.

Wells Fargo, HSBC, payments, The Clearing House, real time payments, API, immediate payments

NPP real time payments programme delayed in Australia

News | Online Payments | 15 Aug 2019

Australian customers will not get access to real time payments services until 2020 after AMP Bank and HSBC Australia confirmed further delays to their NPP programmes.

NPP, real time payments, Australia, AMP Bank, HSBC Australia