This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Viamericas , a leading provider of remittance and international money transfer services, has launched its open paymentnetwork in the Philippines. Financial institutions, payment service providers, and fintech companies can connect to the open paymentnetwork through Viamericas’ API.
Global payments infrastructure provider Nium has launched Nium Verify, a real-time bank account verification service available in 50 markets. This helps to reduce payment failures, operational inefficiencies, and compliance risks in cross-border payments. With payment failures costing the global economy an estimated US$118.5
FXC Intelligence, a data platform specializing in the cross-border payment and e-commerce sectors, has released its annual selection of the world’s most promising cross-border payments companies in 2024. One of Singapore’s entries is Partior. million Series A funding round led by Sequoia Capital Southeast Asia.
Bank payment company GoCardless has announced a partnership with Optty , a paymentsAPI platform, to help medium and large businesses in Australia to simplify their payment processes, operate more efficiently, and scale with ease.
Legacy systems are increasingly unreliable, expensive to maintain, and resistant to modern payment innovations. Integration headaches: Open Banking, APIs, and AI-driven automation often require costly, unreliable workarounds. But as the financial landscape evolves, that mindset is in danger of proving very costly.
Skyfire , the worlds only paymentnetwork built for the AI Agent economy, has announced its exit from Beta and the official rollout of its full-featured payments infrastructure, introducing a suite of powerful features designed to enable frictionless, autonomous transactions for AI-driven economies.
Morgan Payments is adding the Netherlands-based paymentsnetwork iDEAL as a new payment method option at the checkout of its global commerce platform, in a move to expand its European e-commerce capabilities. Expansion plans The integration of iDEAL comes after J.P Morgan Payments for payment processing.
IDEMIA Secure Transactions (IST) has partnered with the National Payment Corporation of Vietnam ( NAPAS ) to help expand the country’s digital payments infrastructure. Through the partnership, NAPAS will integrate ISTs tokenisation technology into its domestic paymentnetwork, which connects over 40 banks.
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 paymentsnetwork.
Nium, a global payments infrastructure provider, announced that financial institutions can now connect to its real-time paymentsnetwork using their existing Swift infrastructure. This eliminates the need for complex and costly APIintegrations, making cross-border payments faster and more affordable.
Ondo Finance announced today that it will be the first provider to bring real-world assets (RWA) to the Mastercard Multi-Token Network (MTN), a digital network connecting financial institutions with businesses to improve cross-border payment experiences.
Payment and financial solutions provider Finzly announced this week that Live Oak Bank has enhanced its commercial and small business banking services by implementing Finzly’s Fedwire solution. It is the main network in the US used by businesses and government agencies for large and/or time-critical payments.
DECTA , a leading provider of technical payment solutions, is excited to announce the launch of the DECTA Fintech Fast Track—a program designed to fast-track the journey of innovative fintech companies entering the card issuing and payment acquiring industry. ” said Nikita Melnikovs, Board Member at DECTA. .”
This collaboration enhances the Borderless.xyz network by integrating Capas local payment rails, enabling seamless, faster, and more cost-efficient transactions for financial institutions, payments companies, fintechs, and corporates operating in Mexico.
Morgan Payments is expanding its European e-commerce capabilities, enabling our merchant clients to offer their customers a varied choice of payment options to suit their needs with the integration of iDEAL , the leading paymentsnetwork in the Netherlands, as a payment method at checkout to our global Commerce platform.
Payment Rails is making its official step into the cross-border payments market through the launch of its application program interface (API) and payment platform, the company said Thursday (Dec. Artificial intelligence ensures regulatory compliance and fraud protection.
Nium , the leading global infrastructure for real-time cross-border payments, today announced a partnership with Ecobank Transnational Incorporated., the leading independent pan-African financial services group, to enable seamless cross-border payments across 35 African markets for more than 32 million customers.
Dennis Jones, senior marketing manager at Jack Henry, positioned payments-as-a-service, banking-as-a-service, and fintech partnerships as cost-effective ways to drive efficiencies and reduce fraud rates without replacing existing infrastructures. Affidavit PDF documents are created in a fully automated way.
The new offering enables Israeli and global Airwallex customers to open accounts, facilitating seamless transactions in ILS via the Israeli paymentnetwork. Customers can access the service through Airwallexs Business Account, Core API, or Embedded Finance solutions, ensuring integration with existing financial workflows.
PYMNTS consulted 21 payments executives from across the industry to share their insights on the biggest takeaways from 2016 as part of the “Payments 2016, The Year Of…” eBook. Payments 2016: The Year Of Partnership Via API. In the past, all of this would need to come through integration to one company.
Licensed as a Major Payment Institution (MPI) by the Monetary Authority of Singapore (MAS), OPAL offers domestic and cross-border payments, payment accounts, and e-money services. What’s more, Currencycloud’s platform is flexible, scalable, and integrates seamlessly with ours to enable a smooth and efficient user experience.
It supports various paymentnetworks such as FAST in Singapore, RTGS in Malaysia, and InstaPay and PESONet in the Philippines. The service incorporates Payout APIs, allowing for the management of mass payouts, particularly for marketplace and platform-based businesses.
Embedded payments are becoming a staple in the B2C world, and more businesses are also jumping on board, aiming to streamline and automate processes from payroll (automated invoicing) to procurement (trade credit). However, B2B transactions in embedded payments are more challenging and don’t flow as easily as B2C ones.
In an announcement of completion of the deal, Visa said it will accelerate the global payments and credit card company’s “network of networks” strategy. Terms of the deal were not disclosed.
From digital payments to decentralised finance (DeFi), these companies are solving real-world challenges like financial inclusion and cross-border transactions, while setting new global standards for innovation. billion payments Coda 2.5 billion payments, gamification Airwallex 5.5 billion insurtech Matrixport 1.05
Narmi’s Co-Founder Nikhil Lakhanpal — building an API-driven digital banking platform In today’s episode, Kailee Costello hosts Nikhil Lakhanpal , Co-Founder at Narmi. There are many integrations, there are many pieces of functionality you can add on. What’s your next loan payment due? So obviously, it gets way more complicated.
Alchemy Pay , the world-leading fiat-crypto payment gateway, has partnered with Mastercard to verify authentic users and prevent fraud in the application process. To date, Alchemy Pay’s ramp paymentnetwork has grown to encompass more than 300 payment channels spanning 173 countries, supporting over 50 fiat currencies.
Today, Skyfire Systems, Incorporated announced the launch of the world’s first paymentnetwork built to enable fully autonomous transactions across AI Agents, LLM’s, data platforms, service providers, and other goods and services. Today, AI Agents can’t be served, unable to make or receive payments without human help.
Visa announced today that Visa B2B Connect is live in 62 countries, and has added Infosys as a new integration partner. When Visa’s global head of Business Solutions Kevin Phalen opened up this year’s PYMNTS B2B Payments Executive Forum, he made the case that the B2B payments arena is in the midst of a transformative shift.
According to Bruce Parker, CEO of cloud-based payment utility Modo , the chief obstacles to implementing today’s innovations are those of yesterday. Parker’s take is reflective of PYMNTS’ latest Innovation Readiness Playbook research, which revealed that outdated IT infrastructure remains a significant roadblock for payments innovation.
Standard Chartered has announced a new collaboration with Visa through the Visa B2B Connect network to streamline cross-border payments for its corporate clients. This setup is intended to minimise delays and costs associated with cross-border payments.
International payment platform dLocal has grown its paymentnetwork to include Panama, Costa Rica and the Dominican Republic to help retailers accept and distribute local payments, according to a Thursday (Oct. And retailers that seek to offer cash payments in Costa Rica can take Tucán Cash. 8) announcement. “As
Saldo Bank is the first bank to leverage Lunar’s Nordic infrastructure, using its platform to streamline local payment processes and increase automation for their Swedish credit and deposit customers. Customers will benefit from expanded payment options, including Swish, making transactions faster and more convenient.
Cross-border payments firm Western Union has rolled out full application programming interface (API) access to domestic and global payment applications, the company said in a press release on Monday (Oct. APIs also utilize the latest level of regulated European internet security: strong customer authentication (SCA).
In the rapidly evolving world of e-commerce and digital transactions, the choice of a payment gateway is a crucial decision for businesses. A payment gateway serves as the bridge between the customer and the merchant, facilitating secure and seamless transactions. Adyen: Single platform for accepting payments globally (International).
To that end, Vincent Caldeira, chief technologist for FSI in APAC for Red Hat told PYMNTS, FIs — especially incumbent FIs — are facing rapid changes in payments that demand they modernize payments processing, embedding new functionality along the way. The Need For Standardization In Cross-Border Payment Processing.
The latest data from Nacha found a new record-high growth rate for adoption of ACH payments , with B2B payments showcasing a surge in adoption of the legacy payment rail that has recently turned to technologies that can augment the service, from the movement of transaction data with an ACH payment to the deployment of Same Day ACH.
Marketplace and platform-based businesses can also securely manage mass payouts with HitPay’s Payout APIs. Supported paymentnetworks include FAST in Singapore, RTGS in Malaysia, as well as InstaPay and PESONet in the Philippines.
In a recent webinar hosted by the Fintech News Network, experts from the Bank for International Settlements (BIS), Wise, Airwallex, and LexisNexis Risk Solutions explored the latest trends and developments in cross-border payments, emphasizing the pioneering role of Southeast Asia in this rapidly evolving landscape.
Instant payment systems have been launching in countries around the world as financial institutions (FIs), governments and various payment organizations seek to introduce technologies that can sate businesses’ demands for more streamlined exchanges of money with plenty of payments data. Direct Connections .
Partnerships Klarna , the AI powered global paymentsnetwork and shopping assistant, has partnered with Blackhawk Network (BHN), a global branded payments provider, to expand Klarnas Gift Card Store in Germany, Italy and The Netherlands.
20), Mastercard announced news that it will be opening up access to its blockchain technology through its developer’s API. Initially, the technology will be made available for B2B transactions, specifically to address the demands of cross-border payments. On Friday (Oct. Mastercard is not the only firm delving into blockchain.
But innovations in B2B payments and other corporate workflows like liquidity and cash management among the FinTech community have opened the door for a new era of corporate banking – one in which organizations are no longer willing to settle. The Drive To Upgrade. It can be much easier for banks to buy out-of-the-box solutions," he said.
Travel tech companies TravelgateX and PayParc have made a deal to create a B2B digital wallet, operating via APIintegration and available for any buyer or seller using TravelgateX, a press release says. The platform is an interface of our international paymentnetwork,” said founder Taylan Taspinar , according to the press release.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content