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New Instant Payment Networks Launch, From Aruba To Hungary

PYMNTS

In this week’s look at payment rails innovation, PYMNTS finds a slew of new markets around the world adopting entirely new payment networks that can support their demand for real-time transactions. Hungary Welcomes Instant Payments. Curacao Takes Steps Toward Instant Payments.

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U.S. Faster Payments Council Publishes Operational Considerations for Receiving Instant Payments Guideline

Fintech Finance

Faster Payments Council (FPC), a membership organization devoted to advancing safe, easy-to-use faster payments in the United States, today announced the release of its latest publication, Operational Considerations for Receiving Instant Payments.

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Fed seeks 8,000 financial institutions for FedNow

Payments Dive

About 700 financial institutions have connected to the Fed’s instant payment network since last July, with at least 1,000 more in the pipeline, a FedNow official said this week.

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OpenPayd Launches Pix Instant Payments

Fintech Finance

Today, the global provider of embedded finance infrastructure, OpenPayd , announces its clients can now send and receive payments via Pix, the Brazilian real-time payment network. Today, OpenPayd clients can send and receive payments across 190+ countries and territories through a single API or via the online platform.

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US Banks Double Down On Zelle, Instant Payments Network

PYMNTS

The Zelle instant payments network will start appearing as a mobile and digital payments option for consumers in a move that Reuters reported comes as financial firms in the United States make a bid to compete with Venmo and others firms.

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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. The post ACI Worldwide and Mexipay Extend Partnership to Boost Instant Payments Adoption in Mexico appeared first on FF News | Fintech Finance.

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Open Payment Network acquires ExcheQ instant payment app

Finextra

Open Payment Network today announced that it has acquired ExcheQ, a payment application from North American Banking Company (NABC) that gives financial institutions an easy to use instant payment app to offer their customers.