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Nium Enables Financial Institutions to Connect to Its Real-Time Payments Network via Swift

Fintech Finance

Nium , the leading global infrastructure for real-time cross-border payments, today announced that financial institutions can now leverage Swift capabilities and their existing Swift infrastructure to connect to Nium’s global real-time payments network.

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How Choice Drives Real-Time Payments Adoption With Canada's SMBs

PYMNTS

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.". "We

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Payment Rail Innovators Dive Into Real-Time

PYMNTS

It may have taken some time, but faster and real-time payments demand continues to grow in the corporate and B2B payments context. This week's look at payment rail innovation is all about speed, both for legacy rails and new ones. SWIFT to Launch New Real-Time Rails.

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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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FinTechs Take On Payment Rail Status Quo

PYMNTS

Reports have said the move by the payments messaging company positions the firm take on payments giants Visa and Mastercard. ” Reports noted the importance of SWIFT expanding into the SMB payments arena beyond high-value complex corporate transactions. Sila Raises Funding to Nix ACH. and Sweden, it noted.

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PayID Hack Prompts Warning From Banks Down Under

PYMNTS

A recent PayID data breach reported to Australia’s New Payments Platform (NPP) has prompted banks to issue warnings to customers, FinTech Extra reported on Wednesday (Aug. The hack originated from one of the NPP banks that were secured by payments provider Cuscal Limited. This is the second time since June that PayID has been hacked.

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Peru Taps Vocalink In Payments System Overhaul

PYMNTS

Amid the continuing movements by governments and nations to overhaul payments operations, Vocalink said Wednesday (Dec. 12) that it has secured a contract with Cámara de Compensación Electrónica (CCE), the automated clearing house in Peru, to help transform payments infrastructure in that country.