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ACI Worldwide Adds More Digital Overlay Services For Contactless B2B Payments

PYMNTS

ACI Worldwide , which provides electronic payment and banking solutions, has added new digital overlay services that it says will help to speed up real-time payments, according to a press release. And, there will be flexible person-to-person (P2P) services with added layers of security authorizations.

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Australia’s New Payments Platform Invites Startups Via API

PYMNTS

New Payments Platform (NPP) Australia , the nation’s real-time payments service that went live earlier this year, is now seeking collaboration from FinTech firms and developers through the launch of a developer sandbox. “We see APIs as a big part of the overlay service,” he told the publication.

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How Overlay Services Add New Opportunities In Open Banking

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It’s another story in the financial services community, of course, where banks and FinTech firms have accelerated their embrace of the application program interface (API) to open up data and unlock new product development opportunities for end users — from individual consumers to multinational corporates.

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APIs Help FIs Keep Pace With B2B Clients’ Faster Payment Needs

PYMNTS

APIs are changing how banks serve their corporate customers, helping them become more competitive. Europe’s open banking regulations have forced financial institutions (FIs) to use APIs to open their data to FinTechs, which has resulted in many new services for businesses. Faster payments rails] existed before.