The Fintech Times

DECEMBER 6, 2023

RTGS.global, a settlement company focused on enhancing cross-border payments, is celebrating a significant milestone with the successful completion of an inaugural instant settlement cross-border transaction via its global network.

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Cross-Border Settlement Cross-Border Settlement Cross-Border Payments 59

The Paypers

JUNE 13, 2022

FIS and French banking group Société Générale has signed an extended agreement, selecting the fintech for the strategic transformation of its derivatives clearing and settlement technology.

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Settlement Agreements FinTech Technology 28

The Fintech Times

MARCH 30, 2024

But if the settlement is approved, merchants will be able to change the rates they charge for all cards, instead of basing it on the credit card network alone. “The measures in this settlement that allow for more surcharging and greater competition could lead to swipe fee reductions well beyond just what is mandated.

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Settlement Credit Cards Visa Consumer 59

Nanonets

NOVEMBER 19, 2023

Settlement of invoices isn’t simply about paying off a bill. The key is ensuring the invoice settlement process is done correctly and efficiently. This article will guide you through the fundamental aspects of invoice settlement and provide practical tips to help you settle an invoice properly.

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Settlement Disputes Payment APIs and Integration Accounts 52

NFCW

JANUARY 23, 2024

To apply fair, objective, transparent, and non-discriminatory eligibility criteria to grant NFC access to third-party mobile wallet app developers, who will have to conclude an ADP license agreement to have access. EU calls for feedback on proposed settlement with Apple over NFC chip access was written by Sarah Clark and published by NFCW.

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Settlement CHIPS API Interoperability 69

PYMNTS

DECEMBER 26, 2018

According to a report in TechCrunch , citing law firm Lichten & Liss-Riordan, Uber has as part of the settlement tentatively offered to pay 11 cents for each mile Uber drivers drove. With the settlement, drivers who accept it must release all claims lodged against Uber related to misclassification of employees.

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Settlement Agreements Laws Rules 83

Fintech Finance

OCTOBER 16, 2024

As a result of the agreement, Trust Payments will become MG’s preferred acquirer. Our clients can gain great leverage such as: Reliable Payment Processing: Robust money transfer transaction processes with real-time transaction reporting and data insights Fast Conversion & Settlement: Quick merchant conversions and settlements with 99.9%

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Cross-Border Payments Cross-Border Payments Settlement 105

PYMNTS

SEPTEMBER 18, 2018

billion settlement has been reached by Visa, Mastercard and several U.S. The settlement had been anticipated over the past few weeks, as evidenced by news reports over the summer. The settlement had been anticipated over the past few weeks, as evidenced by news reports over the summer. billion in the same case.

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Settlement Visa Agreements Rules 70

PYMNTS

FEBRUARY 22, 2019

In a settlement that has been given preliminary approval by a federal court in New York, Visa and Mastercard, along with bank defendants, have agreed to provide roughly $6.24 billion in settlement funds. The Court has now given preliminary approval to this settlement.” 7 to determine if the proposed settlement is approved.

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Settlement Visa Debit Card NOV 87

Payments Source

SEPTEMBER 3, 2020

The agreement between Colorado authorities, marketplace lenders and banks offers a way to structure partnerships without triggering the wrath of state regulators.

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Settlement Agreements FinTech Authorization 118

PYMNTS

OCTOBER 7, 2020

For Big Tech, the bleeding may come from cuts, here and there, targeting individual agreements and operations. As noted by The Wall Street Journal and other sites, the statements came after a settlement between the EU and chipmaking giant Broadcom.

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Settlement Agreements Rules CHIPS 52

PYMNTS

APRIL 18, 2019

The estimate is based on Qualcomm’s guidance that states it estimates an increase of $2 per share after the settlement. The settlement comes after a jury in federal court in San Diego last month sided with Qualcomm in its long-running patent court battle with Apple.

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Settlement Disputes CHIPS Legal 54

Payments Source

JULY 19, 2019

The agreement with authorities including the Federal Trade Commission and state attorneys general — and possibly the Consumer Financial Protection Bureau — may be announced as soon as Monday.

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Federal Trade Commission Data Breach Settlement Breach 81

PYMNTS

APRIL 21, 2017

Wells Fargo & Company announced Friday (April 21) it is expanding its class-action settlement over its fake account scandal to include any customers who were impacted by sales practice issues as early as May 2002. The bank said it expects the revised settlement will resolve claims in 11 other pending class-action lawsuits.

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Settlement Agreements Enrollments Accounts 40

PYMNTS

JUNE 28, 2018

More than a decade after merchants brought a class-action suit against Mastercard , Visa and card-issuing banks in 2005, a settlement between the parties is reportedly in the works. District Court for the Eastern District of New York that they had come to a settlement. But an appeals court had invalidated the settlement.

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Settlement Visa Rules Credit Cards 44

Finovate

APRIL 1, 2024

Visa and Mastercard have reached a settlement that will lower interchange fess for U.S. The settlement, which still must be approved by the court, calls for a five-year reduction in fees as well as changes that will enable greater optionality for merchants when it comes to credit card transaction surcharging. Chalk one up for U.S.

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Visa Settlement Credit Cards Caps 59

PYMNTS

JULY 26, 2019

The Department of Justice (DOJ) said on Friday (July 26) that it has come to an agreement on the merger between Sprint and T-Mobile , which is worth $26 billion, according to a report by CNBC. The Dish agreement, he went on, would make it a “disruptive force in wireless.”. The merger won’t be completed until that case is finalized.

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Agreements Treasury Settlement Economy 46

Fintech Review

JUNE 25, 2024

Smart Contracts: Automating Financial Agreements Smart contracts represent a pivotal advancement facilitated by blockchain technology. These self-executing contracts enable automated verification, execution, and enforcement of agreements without intermediaries.

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Blockchain Technology Cross-Border Innovation 95

Fintech Finance

JUNE 17, 2024

The Nium Airline Payments Solution (NAP) provides an alternative to travel agent card transactions, using a private network of trusted UATP authorization rails and bank transfers to offer lower costs, simplified reconciliation, and faster settlement.

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Payments Settlement Reconciliation Real Time Payments 97

PYMNTS

SEPTEMBER 7, 2018

Insurance settlements have long been processed by legacy payment methods and often entail lengthy processing times — pain points which often keep customers from quickly accessing the funds. Unfortunately, it’s rarely so simple. Around The Disbursements World .

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Settlement Online and Mobile Banking Checks Process 43

The Fintech Times

JUNE 19, 2024

Nium , the real-time global payments firm, will provide travel agents with a private network of trusted UATP authorisation rails and bank transfers to offer lower costs, simplified reconciliation, and faster settlement through its Nium Airline Payments Solution (NAP).

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Settlement Payments Reconciliation Real Time Payments 59

Finovate

MARCH 8, 2024

Under the agreement, Sila will leverage Trice’s built-in safeguards for instant payments. Federal Government’s FedNow , and Sila’s own instant settlement product that allows all ACH transactions to be settled in seconds. There has been some movement in the instant payments world this week.

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Real Time Payments FedNow RTP ACH 64

NFCW

JANUARY 22, 2024

NPCI is the umbrella organization for operating retail payments and settlement systems in India. The agreement with Google Pay India has three aims, say the partners: To enable Indians to make transactions abroad using UPI when they travel internationally.

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Cross-Border Interoperability Real Time Payments International Payments 77

Payments Source

DECEMBER 16, 2019

Fresh off a public offering and shopping boost, Alibaba Group has entered into an agreement with Commercial Bank of China (ICBC) to build digital finance services in areas such as cross-border finance and electronic payment settlement.

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Cross-Border Caps Settlement Agreements 64

PYMNTS

FEBRUARY 21, 2020

The complaints said from June 2015 to May 2018 “Aaron’s, Buddy’s, and Rent-A-Center each entered into anti-competitive reciprocal agreements with each other and other competitors. These agreements swapped customer contracts from rent-to-own, or RTO, stores in various local markets.

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FTC Federal Trade Commission Agreements Settlement 64

PYMNTS

APRIL 3, 2020

The agreement allows the ECB to offer Sweden access to the Eurosystem’s TARGET Instant Payment Settlement (TIPS) in Swedish currency to support the nation’s instant payment service, the agency announced on Friday (April 3). The deal between ECB, the Eurosystem and Sveriges Riksbank will take effect in 2022. “In

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Real Time Payments Central Bank Instant Payments Agreements 75

PYMNTS

APRIL 25, 2016

We believe the settlement we have been able to negotiate … provides significant benefits – both monetary and non-monetary – that will improve the work lives of the drivers and justifies this compromise result.”. .” In early April, a judge in the Golden State ruled that a $12.25

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Settlement Regulations CHIPS Procedures 40

PYMNTS

APRIL 9, 2020

While Sweden continues to use its national currency, the Swedish krona, rather than the euro, the nation has recently signed an agreement with the European Central Bank (ECB) to facilitate real-time electronic payment settlement in krona using Europe’sTARGET Instant Payment Settlement (TIPS) payments infrastructure.

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Payment APIs and Integration Central Bank SWIFT FinTech 83

Fintech Finance

APRIL 24, 2024

Once the agreement is approved in the user’s banking app, information will be securely saved, enabling instant one-click payments with that merchant in the future. The post Volt Launches One-click PayTo Payments in Australia appeared first on Fintech Finance.

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Real Time Payments Payments Payment Solutions Scams 59

Finovate

JANUARY 9, 2024

Under the agreement, Forecast Labs will promote Trust & Will nationally via TV advertisements to reach new audiences. Digital estate planning and settlement platform Trust & Will is adding to its resources this week. Trust & Will has landed an earned equity investment with Comcast’s venture arm, Forecast Labs.

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Agreements Settlement FinTech Innovation 64

Fintech Finance

MARCH 7, 2024

Brankas and PeekUp Pay have signed a Memorandum of Agreement (MoA) under which Brankas will support PeekUp Pay with instant disbursement capabilities in the PeekUp Driver app, now available on the Google Play Store and App Store. ” Todd Schweitzer, CEO and Co-founder of Brankas, said.

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Payment APIs and Integration Real Time Payments API Settlement 52

The Fintech Times

MARCH 17, 2024

Sending money to recipients in Brazil via Pix is possible from other countries but requires the assistance of specialised payment providers, such as Wise , Paysend and Remitly.

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Cross-Border Facilitators Instant Payments Settlement 64

PYMNTS

JULY 31, 2020

The high-stakes negotiations reached a tentative agreement on Thursday (July 30) over Neiman Marcus’ business plan and a settlement in the dispute over the transfer of its Munich-based MyTheresa business, the newspaper reported. In a statement, Neiman Marcus said it is pleased that a global settlement was reached.

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Settlement Disputes Caps Rules 78

PYMNTS

JANUARY 20, 2021

After that, the company entered into settlement talks, which led to the current deal. The decision came from a bankruptcy agreement between NPC and Yum Brands , which operates the pizza chain. The agreement said that NPC would pay Pizza Hut to close some of the locations, while the remaining 927 would be sold.

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Agreements Settlement 70

PYMNTS

DECEMBER 19, 2019

Live Nation Entertainment reached a deal with the government, resolving concerns that the company had violated a 2010 antitrust settlement. The agreement — which was set to expire in 2020 — bars Live Nation from forcing venues to use Ticketmaster when they want to book tours, as well as retaliating when a venue uses another ticketing service.

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Agreements Settlement Government Governance 52

Fintech Finance

MARCH 20, 2024

Additionally, the multi-year agreement will bring significant benefits to the PayPoint Group customer base, including earlier in the day settlement, a faster onboarding experience, a new merchant app, additional customer data and insights, and wider access to Lloyds’ leading range of business banking and lending products.

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Commercial Card Acquirers Agreements Settlement 52

The Fintech Times

JUNE 25, 2024

Under the renewed agreement, Iress will integrate its mortgage sourcing data and Iress’s Lender Connect into Acre’s intermediaries software; equipping brokers with enhanced sourcing and affordability capabilities, enabling more efficient case management. Iress has extended its partnership with Acre, a UK mortgage and protection platforms.

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FinTech Non-Bank Settlement Participant 59