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Thunes Expands Real-Time Payments Network to Taiwan

Fintech News

Thunes, a global payments company specialising in cross-border transactions, has expanded its Direct Global Network to Taiwan. This expansion offers a real-time alternative to traditional cross-border payment systems for transfers to bank accounts in Taiwan.

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Thunes Enables Global Payments to Mastercard, Visa, and UnionPay Cards

Fintech News

Thunes, a global payments company, has launched a new Pay-to-Card solution that allows its members to send real-time payments to 15 billion Mastercard, Visa, and UnionPay cards worldwide. This solution complements Thunes’ existing Pay-to-Wallet and Pay-to-Bank services. said Floris de Kort, CEO of Thunes.

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PayPal's Xoom Adds Real-Time Payments For Remittances To India

PYMNTS

Julian King , vice president and general manager of Xoom, said real-time payments have been a "critical and essential payment tool" for the nine months of the pandemic thus far, and they have proved popular with customers in India. India is an important market for us," he said, according to the release.

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Nium Expands Operations in Latin America, Accelerating Global Real-Time Payments in the Region

Fintech Finance

This continued expansion is a step towards Nium’s commitment to revolutionizing the global payments landscape in this strategic region. BS2 leverages Nium’s Global FX product to reduce FX costs and enable real-time payouts between Brazil and key trading corridors like China and the UAE.

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How Visa, FIS, TCH, SWIFT, Nacha and Circle See The Future of Faster, Real Time Payments Rails

PYMNTS

Against that backdrop of moving away from paper payments, and toward ubiquitous real-time payments, TCH’s Waterhouse said there’s probably not a use case “that’s going to tip the scale here.” Real-time payment is also is finding traction in the gig economy, allowing employees to be paid on a regular basis, even daily.

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ACI Worldwide Study Reveals Real-Time Payments To Boost Global GDP By $285.8 Billion, Create 167 Million New Bank Account Holders By 2028

Fintech Finance

Real-time payments are forecast to generate $285.8 ACI Worldwide’s second Real-Time Payments: Economic Impact and Financial Inclusion report leverages data from 40 countries and reveals—for the first time—an empirical link between real-time payments and financial inclusion.

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Embracing the future: Real-time payments are closer than we think

The Payments Association

The transition to real-time payments is well underway. AutoRek global payments manager, Nick Botha, explains why those who prepare and adapt now will be better poised to become a leader in the world of real-time payments. Read more