Remove Innovation Remove Payment Initiation Remove Value Added Service
article thumbnail

Computop Makes Wero Available for Merchants

Fintech Finance

Wero , the new European payment solution developed by the European Payment Initiative (EPI) will be available to Computop customers from the moment it launches e-commerce payment in mid-2025. Over time, additional value-added services like integration of merchant loyalty programs and BNPL will be integrated.

article thumbnail

SWIFT To Create New Cross-Border Real-Time Rails

PYMNTS

SWIFT , a global provider of secure financial messaging services, announced Wednesday (Sept. Over the next two years, the Belgium-based cooperative said the initiative will provide transaction management services. The new approach promises to create new value-added services to support business growth.

article thumbnail

B2B Not A Vital Part Of Real-Time Payments Innovation, Yet

PYMNTS

Those who wait may find themselves left behind as the faster payments revolution takes hold.”. Not all real-time payments initiatives are created equal, though. FIS surveyed 25 markets in which real-time payments programs are operational, rating their innovative qualities on a scale from 1 to 5.

article thumbnail

FedNow’s Montgomery: Gearing Up For 2023-24 — And Instant Payments Competition

PYMNTS

There is no dearth of faster payments initiatives — and no certainty that there will be one faster payments scheme to rule them all. FinTechs are interested in providing value-added services to FIs — and can conceivably connect their offerings to the FedNow platform via participating depository institutions.

article thumbnail

Happy First Birthday FedNow: But is This a Cause For Celebration?

The Fintech Times

RTP has also participated in cross-border initiatives like Immediate Cross-Border Payments (IXB) and built value-added services for its members – like the ability to attach PDF or XML documents to payment requests, and account number tokenisation. It’s a tough choice.

FedNow 59
article thumbnail

Banks, FinTechs Find New Open-Data Use Cases

PYMNTS

This week, Mastercard and Cardlay announced a collaboration that will see Mastercard connecting its network of European issuing banks to Cardlay’s commercial card technology, which unlocks corporate card transaction data for value-added services, including automated expense management and VAT claim processes.

article thumbnail

Real-Time Payments Go Beyond The Need For Speed

PYMNTS

Panelists agreed that to get more adoption by stakeholders, banks must leverage real-time infrastructure to unlock value for corporate clients that moves well beyond the confines of simply being fast. Fifth Third’s Chayt said the need for speed might have gotten real-time payments initiatives off the ground, but that’s just a starting point.