Stax

MARCH 27, 2025

Digital wallets, peer-to-peer (P2P) payments, and debit card payments are great for quick, everyday customer transactions. Payments can also be made to local vendors via electronic bank transfers, or fund global transactions with wire transfers. Another EFT type that businesses rely on is ACH.

ACH 88

ACH Electronic Funds Transfer (EFT) Wire Transfer Wire 88

PYMNTS

JANUARY 2, 2019

Coverage includes The National Bank of Kuwait ’s rollout of SWIFT Global Payments Innovation (gpi) services with the help of ACI Worldwide. In addition, UCPB launched its InstaPay service in The Phillipines, and NoBroker has brought rent payments into its app in India.

SWIFT 49

SWIFT Cross-Border Payee Funds Transfer 49

PYMNTS

NOVEMBER 21, 2018

Launched in July, Citi Payment Insights provides real-time payments visibility, including processing status and timelines, charges deducted across correspondent banks, the amount credited to the beneficiary and the ability to action payments on demand via its electronic banking platform.

Cross-Border 52

Cross-Border Cross-Border Payments Correspondent Bank Real Time Payments 52

PYMNTS

JANUARY 4, 2019

The transfers will be done through UCPB Connect, the electronic banking service. In a statement, UCPB Vice President and Head of Marketing Group Charina Balanquit said, “The fund transfer service is geared more for retail payments, such as domestic remittances, payments to service providers, eCommerce and peer-to-peer payments.”.

Instant Payments 67

Instant Payments Funds Transfer Online and Mobile Banking Payments 67

PYMNTS

JUNE 26, 2019

Developed within its Treasury and Trade Solutions unit, the tool deploys artificial intelligence, machine learning and data analytics to identify outlier payments that could signal fraudulent activity. ” The global launch of Payment Outlier Detection followed a pilot of the tool with 20 Citi clients, the bank said.

Real Time Payments 43

Real Time Payments Treasury Payments Automation 43

PYMNTS

SEPTEMBER 11, 2019

According to the Real-Time Payments Innovation Playbook , 26 percent of cross-border businesses rely on international wire transfers, while the next most common method is by paper check (20 percent). Electronic bank transfers (16 percent) and regular ACH (11 percent) are also popular.

Cross-Border Payments 76

Cross-Border Payments Cross-Border ISO 20022 Real Time Payments 76

PYMNTS

JULY 16, 2018

Citi announced Monday (July 16) the launch of Citi Payment Insights, a new service that gives institutional clients access to real-time payment information and the ability to action payments on demand via the CitiDirect BE electronic banking platform.

Correspondent Bank 44

Correspondent Bank Payment APIs and Integration Correspondent Real Time Payments 44