PYMNTS
MARCH 14, 2019
Separately, earlier this week, ACI Worldwide said it has extended a relationship with a South African bank, Capitec Bank , to support card and non-card payments through the UP Retail Payments solution, billed in a press release as “an integrated platform for all payment channels.” One caveat?
PYMNTS
MAY 8, 2017
Icon Solutions’ Head of Payments Tom Hay recently discussed why real-time payments are such a challenging undertaken within FIs, but how lessons from the past — like the adoption of card payment rails — and from peers across the globe who have already gone through these struggles can make the U.S.’ real-time payments path a smooth one. “A
PYMNTS
SEPTEMBER 21, 2016
three times every day, supporting both debits and credits when fully deployed. In other countries, however, real-time payments have traditionally only supported credit or what are sometimes referred to as “push payments.”. What’s Under The Faster Payments Umbrella? Both are about moving payments faster than they are today.”.
PYMNTS
MARCH 10, 2017
With so many initiatives at play, a schism has been created between creating entirely new infrastructure or building on top of what exists. Considering the country has more than 14,000 financial institutions (FIs), it’s clear that both scale and ubiquity are critical to solve the faster payments problem. The New Rail Turf Battles .
PYMNTS
JULY 24, 2017
Innovative ideas are inspired by smart people who see problems and have the conviction, capital and courage to come up with new ways to solve for them. Take faster payments. One such innovator recognized the vast commerce potential that could be unlocked if new technologies were used to move money and messaging between people in near real-time.
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