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Singapore to Launch Two New e-Payment Solutions in Mid-2025 to Phase Out Cheques

Fintech News

The Monetary Authority of Singapore ( MAS ) and the Association of Banks in Singapore ( ABS ) announced that two new electronic payment solutions will be launched in mid-2025. EDP will cater to post-dated payments, deducting funds from the payer’s account upon presentment by the payee.

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Keepz Facilitates Digital Currency Payment Option for Taxes in Georgia

The Fintech Times

Embracing digital payments Beyond tax payments, Keepz is also looking to empower tens of thousands of merchants and hundreds of thousands of payers by enabling secure, borderless transactions using digital assets.

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Citi Expands Reach Of AR Solution Payer ID

PYMNTS

Citi’s Treasury and Trade Solutions is bringing its accounts receivable (AR) Payer ID solution to more markets around the globe. 6) that Payer ID is now available in 44 countries, as Citi brings the B2B payments tool across North America and Western Europe.

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Reflecting on 2024: A transformative year in payments regulation

The Payments Association

Data published this year indicated that 75% of payment industry professionals identified instant payments as an essential technology for winning payment solutions. Markets in Crypto-Assets (MiCA) As instant payments gained traction, regulatory focus turned to another rapidly evolving area: crypto-assets.

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RTP® Network Doubles Volume in 18 Months, Surpassing 1 Billion Transactions and Driving U.S. Payment Innovation

Fintech Finance

After taking more than five years to reach the first half a billion payments, the networks recent rapid growth underscores the expanding acceleration of instant payments adoption in the United States. When the RTP network exceeded the 1 billion payments mark on Friday.

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Volvo Financial Services partners Payer to optimize payments

The Paypers

Payer has become a partner in one of Volvo Financial Services ' new payment solutions, being commissioned to integrate its platform and payment chain between the workshop, dealers and customers.

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Analysts Press For Corporate Payers, Banks And FinTechs To Collaborate

PYMNTS

“As more banks and bank accounts must be managed and new currencies and regulations come into play, the complexity faced by corporates with their payments operations grows.”. Payments Rails. ACH is the most preferred payment rail for corporate payers, according to Strategic Treasurer and Bottomline Technologies.

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