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Pan-African Payments and Settlement System launched

News | Payments General | 17 Jan 2022

The West African Monetary Zone (WAMZ) has launched the Pan-African Payments and Settlement System (PAPSS) on 13 January in Ghana.

product launch, instant payments, real-time payments, instant settlement, central bank

Nium helps Alchemy Pay expand its reach

News | Cryptocurrencies | 13 Jan 2022

Singapore-based payments and card issuer Nium and cryptocurrency portal Alchemy Pay (ACH) have forged a partnership to amplify their global reach.

partnership, Nium, cryptocurrency, real-time payments

Cogent Bank partners Tassat for real-time blockchain payments

News | Online Payments | 12 Jan 2022

Cogent Bank has announced its B2B clients will have access to TassatPay, a blockchain-based, real-time payment platform deployed within the US banking system.

partnership, blockchain, real-time payments, B2B payments

Five key fintech trends to watch in 2022

Voice of the Industry | Online Payments | 12 Jan 2022

Fintechs and banks are in a race to innovate, but with the emergence of new technologies, banks have to adapt to current trends. Abdul Naushad, the CEO of Buckzy Payments has identified five core fintech trends to watch further 

fintech , online banking, cross-border payments, real-time payments

Cion Digital raises USD 12 mln in seed funding round

News | Cryptocurrencies | 05 Jan 2022

US-based Cion Digital, developers of an enterprise SaaS blockchain orchestration platform, has announced it has closed a USD 12 million Seed Capital raise.

funding, cryptocurrency, blockchain, real-time payments

Western Union and NPCI International sign MoU

News | Payments General | 17 Dec 2021

Western Union and NPCI International Payments Limited (NIPL) have signed a Memorandum of Understanding (MoU) to strengthen real-time bank account payouts in India.

Western Union, real-time payments, NPCI, banks, remittance

CIBC expands Global Money Transfer capabilities to Visa Direct

News | Online & Mobile Banking | 13 Dec 2021

Canadian Imperial Bank of Commerce (CIBC) has announced that it is expanding the capabilities of its Global Money Transfer service to Visa Direct.

digital banking, real-time payments, bank transfer, Visa

Open Banking, the tip of the iceberg - interview with NatWest

Interviews | Online & Mobile Banking | 09 Dec 2021

The Paypers interviews Daniel Globerson, Head of the Bank of APIs at NatWest Group, to learn more about the value propositions of Open Banking 

Open Banking, Open Finance, API, real-time payments, digitalisation

Meta introduces new Star features to support creators

News | Mobile Payments | 08 Dec 2021

Meta has released the new Stars Fest, a one-month campaign running throughout December 2021 that comes with several new Stars features to promote Facebook creators and reward users.

product upgrade, Facebook, mobile payments, digital payments, real-time payments, instant payments, online payments

Tarabut Gateway, Zain Bahrain now offer Open Banking payments

News | Online & Mobile Banking | 07 Dec 2021

Tarabut Gateway has partnered with Zain Bahrain to create a use case for Open Banking payments within a telecom app in the Middle East.

Open Banking, B2B payments, KYC, real-time payments

Modern Exchange Co. to leverage Nium's technology

News | Payments General | 07 Dec 2021

Nium and Modern Exchange Co. have announced a partnership that will see Modern Exchange Co. leverage Nium’s global payments infrastructure internationally.

partnership, Nium, FX , cross-border payments, real-time payments

Verto streamlines cross-border payments with Banking Circle

News | Online Payments | 02 Dec 2021

UK-based B2B cross-border payment provider Verto has teamed up with payments bank Banking Circle to streamline international payments for its clients.

Banking Circle, cross-border payments, IBAN, partnership, real-time payments

Bexs Banco, Thunes partner to enable real-time payments to Brazil

News | Online Payments | 01 Dec 2021

Singapore-based Thunes has announced a partnership with Brazil-based Bexs Banco to help global businesses and customers make real-time payments to Brazil, including payments to Pix.

Thunes, Bexs, partnership, real-time payments, contactless payments, PIX

Network International and NPCI International sign MoU

News | Mobile Payments | 18 Nov 2021

UAE-based fintech Network International has signed a Memorandum of Understanding (MoU) with India-based NPCI International to discuss the acceptance of Unified Payments Interface in the UAE.

UPI, NPCI, mobile payments, real-time payments, payments infrastructure, partnership

Bank Negara Malaysia and PayNet to augment cross-border transactions

News | Online Payments | 15 Nov 2021

Malaysia-based payments network PayNet and Bank Negara Malaysia have taken part in Project Nexus by working together to enhance the cost and speed of international payments.

cross-border payments, real-time payments, online payments, PayNet, Monetary Authority of Singapore (MAS)

Norges Bank to enter the Eurosystem's TIPS service

News | Online & Mobile Banking | 05 Nov 2021

Norway-based Norges Bank has manifested intentions to enter formal discussions with the ECB on participation in the Eurosystem’s TIPS service.

central bank, instant payments, payments infrastructure, real-time payments

Menta chooses Agora for BaaS platform

News | Online & Mobile Banking | 03 Nov 2021

US-based fintech Menta has selected Agora Services to launch its credit builder loan platform.

partnership, BaaS, real-time payments, super app

Zelle, Fiserv partner for real-time P2P payments

News | Payments General | 27 Oct 2021

Early Warning Services, the network operator behind Zelle, and Fiserv, have partnered with financial institutions to empower minority and underserved communities to access real-time payments through Zelle, according to Crowdfund Insider.

partnership, Fiserv, financial institutions, real-time payments, bank account, P2P payments

Tesco Bank now member of the Faster Payments Scheme

News | Payments General | 26 Oct 2021

UK-based Tesco Bank has announced its customers can now send and receive payments in real-time, around the clock, after becoming a direct member of the Faster Payments Scheme.

real-time payments, instant payments, online security, product upgrade

Open Banking flying full speed ahead – major investments and acquisitions (Part 2)

Voice of the Industry | Online & Mobile Banking | 12 Oct 2021

The second part of the M&As and investments overview regards how the payments industry is changing, and how Mastercard and Visa are diving into Open Banking

Open Banking, Open Finance, card scheme, real-time payments, account-to-account payment