Fintech Finance

AUGUST 27, 2024

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. According to ACI’s latest Prime Time for Real-Time report, 3.8 between 2023 and 2028. “We

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Finextra

JUNE 28, 2024

At EBAday 2024, Roland Brandli, Strategy Director, SmartStream and Zennon Kapron, Founder/Director, Kapronasia, explore their recently released report where findings revealed that in 2023 there were 266 billion real-time payments made around the world, which is a 43% increase from the year before, and represents a 27% of all payments.

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The Fintech Times

OCTOBER 19, 2024

Broadridge Financial Solutions , the investor communications and technology-driven solution provider, has launched a new managed service for connectivity, message processing and workflow management for instant payments.

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Finovate

OCTOBER 15, 2024

The company launched the new entity, Payfinia , to provide instant payment solutions to both financial institutions and third-party organizations. Payfinia aims to help financial institutions access and establish ownership of their instant payments services.

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ACI Worldwide Blog

MAY 13, 2024

Real-time payments are carving a new norm in the rapidly evolving payments landscape. Spurred by global governments and regulators, instant payments are viewed as a catalyst for economic growth, financial inclusivity, and transparency.

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Tearsheet

FEBRUARY 16, 2024

Mastercard recently expanded collaboration with The Clearing House (TCH), with the shared goal of propelling the adoption of instant payments. This extended partnership will focus on integrating additional instant payment use cases across a range of payment flows for consumers, businesses, and governments.

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Fintech Finance

JANUARY 24, 2024

Mastercard and The Clearing House (TCH) have announced an extended multi-year partnership, bringing the companies together to collaborate on innovative capabilities for consumers, businesses and governments to evolve and embrace the digital economy through real-time payments (RTP) adoption on the RTP® network.

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Fintech Finance

DECEMBER 13, 2023

Faster Payments Council (FPC), a membership organization devoted to advancing safe, easy-to-use faster payments in the United States, today published the Real-Time Payment Application Program Interfaces (APIs) report in its Faster Payments Knowledge Center.

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Finextra

AUGUST 27, 2024

ACI Worldwide (NASDAQ:ACIW), an original innovator in global payments technology, and Mexipay, a leading Mexican financial technology company, have announced the extension of their partnership to enhance Mexico’s real-time payments ecosystem, with the aim of driving instant payments adoption and boosting economic growth and financial inclusion for (..)

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Finovate

MARCH 8, 2024

Sila has partnered with Trice to leverage the company’s safeguards for instant payments. There has been some movement in the instant payments world this week. Banking and payment infrastructure-as-a-service company Sila has partnered with instant payments platform Trice.

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The Fintech Times

JULY 2, 2024

Aani, operated by Al Etihad Payments , has become a crucial part of the Central Bank of the UAE’s National Payment Systems Strategy (NPSS), which aims to create a digitised, cashless economy in the UAE. Mashreq led the first stage of Aani’s implementation alongside seven other UAE-based financial institutions.

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PYMNTS

SEPTEMBER 29, 2020

New payment rails are once again in the spotlight as real-time payments and cryptocurrency emerge as the top focuses for innovators. In this week’s look at payment rails innovation, the European Union begins paving the way for greater crypto adoption, while Mastercard expands its own crypto accelerator initiative.

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Finextra

AUGUST 2, 2024

Pidgin, a secure, real-time payments platform built for the future of payments, has partnered with ICBA Payments, the payments subsidiary of the Independent Community Bankers of America (ICBA), to offer instant payments to the nation’s community banks.

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PYMNTS

MARCH 6, 2020

Real-time payments are imperative for running successful operations in today’s global ecosystem. Many of these providers are particularly competing for small- to medium-sized businesses (SMBs) to join their faster payments network over another, which can be tricky as more competitors enter this space.

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Payments Dive

JANUARY 11, 2024

Faster Payments Council suggests it’s not too early to assess how real-time payments will shape international transactions. The latest cross-border input from the U.S.

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Fintech Finance

MARCH 4, 2024

NASDAQ: SOFI), announced today an expansion of its relationship with The Bancorp Bank, NA , that enables real-time payments services. Real-time payments are available any time of day, year-round, ensuring the instant availability of funds even when traditional methods such as ACH and wires are unavailable.

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Fintech Finance

JANUARY 24, 2024

Iliad Solutions , a global leader in payments testing, is offering support to financial institutions integrating the next SEPA Instant Credit Transfer (SCT Inst) rulebook version scheduled to go live in March 2024. The post Iliad Solutions launches new testing standards for SEPA real-time payments appeared first on Fintech Finance.

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The Fintech Times

JULY 31, 2024

The RBI report highlights that India is leading the way when it comes to real-time payments, boasting a share of 48.5 per cent of the global real-time payments volume. billion transactions in 2019 to 131 billion transactions in 2023 – 80 per cent of all digital payment volumes.

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PYMNTS

FEBRUARY 1, 2021

To get a sense of the present state — and future — of instant payments, look to Italy. It has pulled ahead of its EU neighbors in developing real-time payments technology and in recruiting banks to adopt it. These days that “stable and efficient growth” has a lot to do with real-time payments.

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PYMNTS

NOVEMBER 3, 2020

The payments ecosystem now prizes quickness above all things in a time of cash flow shortages, where each paper check takes an eternity — assuming it arrives at all. It’s time to embrace it, especially for financial institutions (FIs) and adjacent players that intend to stay relevant in this market. We’ve evolved.

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PYMNTS

NOVEMBER 13, 2020

As real-time payments make their way to ubiquity in markets around the globe, more small- to medium-sized businesses ( SMBs ) are exploring how instant transactions may be able to add value to their own operations. We needed to position ourselves to respond to that emerging trend from a technology perspective.".

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The Paypers

SEPTEMBER 20, 2023

Real-time payments software provider ACI Worldwide has partnered with Microsoft to facilitate instant payments via ACI’s Real-Time Payments Cloud (RTPC) platform.

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Fintech Finance

JUNE 5, 2024

NPCI International Payments Limited (NIPL) and the Central Reserve Bank of Peru (BCRP) have announced a partnership to enable the deployment of a UPI-like real-time payments system in Peru. This strategic partnership empowers the BCRP to establish a reliable and efficient real-time payments platform within the country.

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The Fintech Times

MAY 7, 2024

Across much of the world, instant payments have quickly become the norm. In fact, less than a third of US banks are signed up to either RTP or FedNow , meaning the vast majority cannot offer instant payments as a service; new research from RedCompass Labs , the payments modernisation company, has revealed.

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PYMNTS

NOVEMBER 16, 2020

Real-time payments continue to gain traction around the world. The country’s banking system is giving an upgrade to its instant payments system. Called PIX , the new payment rails have been in the works for some time and launched last week. Case in point: Brazil.

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The Paypers

JUNE 11, 2021

Ria Money Transfer has announced the launch of instant payments in Brazil via the country’s PIX real-time payments network.

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The Payments Association

APRIL 23, 2024

As real-time payment adoption grows, 50% of European firms are already involved, with another 42% planning to join, highlighting the balance of challenges and benefits in managing financial crime. Read more

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Fintech Finance

FEBRUARY 27, 2024

Backbase , the global leader in Engagement Banking, today announced that Alacriti , an innovator in cloud-based payments and money movement services, will integrate its payments hub solution into the Backbase Engagement Banking Platform. The evolving U.S. The evolving U.S.

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Bank Automation

JANUARY 2, 2024

Industry experts predict adoption of real-time payments as well as the increased use of FedNow and digital wallets in 2024 as consumer demand for instant payments continues to grow. “We are now seeing a major shift in this direction for real-time payments and can expect to see this continue into 2024,” Zur Yahalom, senior […]

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Fintech Finance

MARCH 18, 2024

ACI Worldwide (NASDAQ: ACIW), a global leader in mission-critical, instant payments technology, has revealed striking new data proving instant payments will boost the financial prospects of young adults in the EU. According to the latest data, the volume of instant payments in the EU is expected to rise from 7.6

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The Fintech Times

JUNE 13, 2024

The transaction volume of payments in the Middle-East and Africa region is set to almost quadruple by 2027 ($2.6billion) from its value in 2022 ($675million). Government initiatives and strategic adoption Governmental strategies and regulatory frameworks in MENA countries are crucial in promoting the adoption of instant payments.

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Fintech Finance

OCTOBER 15, 2024

Token.io , the leading account-to-account (A2A) payment infrastructure provider, today announces a partnership with Santander UK (‘Santander’). The partnership was announced during the opening keynote at the Open Banking Expo in London today by Santander’s Chief Payment Officer Paul Horlock and Token.io’s Chief Executive Officer Todd Clyde.

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Finovate

APRIL 2, 2024

Banks in the Treasury Prime network will be able to offer their BaaS clients access to a real-time payment platform via Narmi’s FedNow service. Banks in the Treasury Prime network can offer their BaaS clients a real-time payments platform via Narmi’s FedNow service.

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PYMNTS

AUGUST 10, 2020

Real time is getting ever closer to prime time. You’d be forgiven for thinking that faster payments might be the purview of the U.S. Federal Reserve, where details (a roadmap, really) of FedNow , the proposed instant payment system, were released earlier this month. New Trends Emerging.

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PYMNTS

MAY 20, 2020

Accomplishing this task poses a unique set of challenges, however, particularly when it comes to real-time payments. The 27 EU member states have their own financial systems, and many have also implemented their own domestic real-time payments rails. The Past and Future of EU Real-Time Payments.

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Fintech Finance

JANUARY 24, 2024

Worldline [Euronext: WLN], a global leader in payment services, is further expanding and enriching its partnership with Commerzbank. This extension enables Commerzbank to offer its customers in Austria, France, Italy, the Netherlands, Spain and the United Kingdom the sending and receiving of real-time transfers in euros.

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Fintech Finance

APRIL 4, 2024

Trustly , a global leader in Open Banking Payments, and Cross River Bank (“Cross River”), a technology infrastructure provider that offers embedded financial solutions, are proud to expand their collaboration in instant payments with the addition of the FedNow® Service.

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