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ACI Worldwide and Mexipay Extend Partnership to Boost Instant Payments Adoption in Mexico

Fintech Finance

Mexipay will utilize ACI’s Digital Central Infrastructure solution, part of the award-winning ACI Enterprise Payments Platform, to address the need for enhanced real-time payment services. billion real-time payments were processed in Mexico in 2023, making it the 10th largest real-time payments market in the world.

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ACI Worldwide Partners With Kuvasz Solutions To Advance Real-Time Payments Adoption in Colombia

Fintech Finance

Kuvasz Solutions has partnered with ACI Worldwide in Latin America for nearly 10 years, supporting the delivery and implementation of ACI’s payment software solutions to strategic clients across the payments ecosystem. The extension of this partnership will offer several benefits to market participants in Colombia.

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Banco de la República de Colombia and ACI Worldwide Partner to Power Real-Time Payments in Colombia

Fintech Finance

“With the state-of-the-art technology supplied by ACI Worldwide, we are in a strong position to drive the real-time and digital transformation of Colombia’s payments ecosystem as part of our journey towards a modern, digital, and financially inclusive economy,” Villar continued.

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How Visa and MasterCard Shape the Payments Industry

Clearly Payments

Financial regulations and compliance requirements also shape Visa and Mastercard’s operations. As global payment networks, they must navigate complex regulatory frameworks governing payment processing, AML/CFT , and consumer protection in multiple jurisdictions.

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Deep Dive: How Instant Payments Are Changing Pension Disbursements

PYMNTS

Digital disbursements for pensions and government funds gained more traction in India this April, when the Reserve Bank of India’s (RBI’s) Committee on Deepening Digital Payments came together to discuss whether all government payments to citizens should be made through digital channels.

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Open banking reaches 11 million+ payments milestone

Open Banking

This remarkable surge underscores the rapid pace at which open banking is reshaping the financial and payments landscape and reinforces the pivotal role it plays in driving financial inclusion, innovation, and consumer empowerment. In July 2023, the number of active payment users surged to 4.2 surge from July 2022.