The Paypers

MARCH 2, 2023

Belvo , a Latin America-based Open Finance platform, has launched its payment initiation solution as a Central Bank-regulated entity.

Payment Initiation 36

Payment Initiation Central Bank Payments Regulations 36

Payments Source

MARCH 11, 2021

EPI could potentially provide a bedrock for future European payments innovation. It arguably does not go far enough, says Icon Solutions' Michel Vaja.

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Payment Initiation Payments Innovation Process 147

The Paypers

JUNE 21, 2023

Brazil-based Nubank has become the 21st institution to fulfil all stages of the payment initiator onboarding process.

Payment Initiation 36

Payment Initiation Payments Process 36

The Paypers

DECEMBER 15, 2021

Qatar-headquartered multinational telecommunications company Ooredoo and global tech i2c have announced their partnership to launch the first digital payment initiative in Qatar.

Payment Initiation 50

Payment Initiation Digital Payments Payments 50

PYMNTS

JULY 6, 2017

bank-funded entity that was mandated by the Competition and Markets Authority to provide new ways for customers to share their financial data with non-bank providers, has released an API specification for accounts and transaction information and payments initiation. Open Banking, the U.K.

Payment Initiation 71

Payment Initiation API Third-Party Service Provider Non-Bank 71

The Paypers

FEBRUARY 16, 2023

The Central Bank of Brazil has authorised EBANX to offer a payment initiator service through Pix allowing the fintech’s merchants to manage Pix payments within their websites.

Central Bank 36

Central Bank Payment Initiation Payments FinTech 36

The Paypers

MAY 23, 2022

Mercado Pago , Mercado Libre's financial company, has prepared to make the payment initiator available soon to the more than 10 million sellers who use the tool, according to broadcast.com.br.

Payment Initiation 36

Payment Initiation Payments 36

Payments Source

MAY 4, 2017

Regulators are calling for the boards of the three separate faster-payments initiatives to review and endorse the consolidation plan and complete most of the consolidation before the end of 2017.

Faster Payments 60

Faster Payments Payment Initiation Payments Regulations 60

The Paypers

JULY 2, 2020

Today, a group of 16 major European banks from five countries (Belgium, France, Germany, the Netherlands and Spain) have paved the way for the future launch of the European Payments Initiative (EPI).

Payment Initiation 63

Payment Initiation Payments 63

The Paypers

NOVEMBER 25, 2020

Worldline and Nets have joined the European Payments Initiative (EPI), becoming shareholders of the EPI Interim Company.

Payment Initiation 53

Payment Initiation Payments 53

The Paypers

MAY 11, 2021

Global financial infrastructure provider Banking Circle has joined the P27 Nordic payment initiative, taking a lead role in creating bulk-clearing for the Danish Krone.

Payment Initiation 37

Payment Initiation Payments 37

Payments Source

APRIL 5, 2016

Swift is moving into the testing phase of its global payments initiative, saying 21 banks have started a pilot for clearer communication amongst banks making and accepting cross-border payments.

Payment Initiation 62

Payment Initiation SWIFT Global Payments Cross-Border Payments 62

The Paypers

MAY 2, 2022

Authorized by the Central Bank, Itaú Unibanco has received authorisation to operate as a payment initiator, according to broadcast.com.br.

Payment Initiation 31

Payment Initiation Central Bank Authorization Payments 31

The Paypers

JULY 2, 2020

Today, a group of 16 major European banks from five countries (Belgium, France, Germany, the Netherlands and Spain) have paved the way for the future launch of the European Payments Initiative (EPI).

Payment Initiation 53

Payment Initiation Payments 53

The Paypers

MARCH 11, 2021

Germany-based payment provider epay has announced becoming a member of the EHI Mobile Payment Initiative.

Payment Initiation 28

Payment Initiation Mobile Payments Payments 28

The Paypers

AUGUST 2, 2021

UK-based PSR has announced a new initiative to understand potential barriers to the take-up of digital payments and identify potential solutions.

Payment Initiation 57

Payment Initiation Digital Payments Regulations Payments 57

The Paypers

MAY 12, 2020

illimitybank.com , the illimity Group’s digital direct bank has announced introducing the Payment Initiation Service (PIS) in Italy.

Payment Initiation 28

Payment Initiation Payments 28

The Paypers

JULY 23, 2021

The Central Bank of Brazil has announced that it will incorporate a payment initiation service into its central bank-backed real-time payment system PIX.

Real Time Payments 28

Real Time Payments Payment Initiation Central Bank Payments 28

PYMNTS

DECEMBER 17, 2019

Student loan personal finance platform Pillar has launched a gift initiative for the holidays called Boost, according to a release. Boost will allow for friends and family to gift payments to help someone paying off student loan debt. The payments will be automatically applied toward a person’s balance.

Payment Initiation 52

Payment Initiation Payments Finance Continuity 52

Finextra

JULY 2, 2024

The European Payments Initiative (EPI) has launched its mobile-first wallet and instant account-to-account payments system in Germany, with other counties set to follow in the coming months.

Payment Initiation 128

Payment Initiation Accounts Payments 128

The Paypers

SEPTEMBER 10, 2019

(The Paypers) Payconiq has announced it is the first of the payment companies headquartered in Luxembourg to obtain a Payment Initiation Service (PIS) license.

Payment Initiation 28

Payment Initiation Payments 28

The Paypers

MARCH 5, 2019

(The Paypers) ING-backed money app Yolt has moved into testing payment initiation services (PIS) with UK banks and launched Yolt Pay Beta.

Payment Initiation 28

Payment Initiation Payments 28

Payments Source

JUNE 9, 2017

International payments and risk-based services provider INTL FCStone says its London-based global payments division will become a non-bank participant in Swift's global initiative to improve the cross-border transaction landscape.

SWIFT 60

SWIFT Payment Initiation Cross-Border Non-Bank 60

The Paypers

JULY 6, 2017

(The Paypers) Open Banking has released its accounts and transaction information and payments initiation API specifications.

Payment Initiation 31

Payment Initiation API Payments Transactions 31

The Paypers

JUNE 30, 2022

Belvo , a Latin America-based Open Finance API platform, has received authorisation from the National Banking and Securities Commission (CNBV) for the organisation and operation of an Institución de Fondos de Pago Electrónico (IFPE).

Payment Initiation 36

Payment Initiation API Finance Security 36

PYMNTS

JUNE 28, 2016

As of today, 73 new banks have signed on to Swift’s Global payments initiative. The goal of the project is to expand the payment services and experience for customers by upping the speed, transparency and predictability of cross-border payments.

Payment Initiation 40

Payment Initiation Global Payments Cross-Border Payments Cross-Border 40

The Paypers

APRIL 13, 2017

(The Paypers) FSS , an India-based provider of ATM and payments services, has launched FSS Aadhaar Pay to support the digital payment initiatives of the Indian government.

Payment Initiation 28

Payment Initiation ATM Payments Government 28

The Paypers

OCTOBER 18, 2017

(The Paypers) IBM has joined forces with a non-profit Stellar.org and regional services company KlickEx Group to launch in the Asia Pacific region a cross-border payments initiative based on blockchain.

Cross-Border Payments 31

Cross-Border Payments Cross-Border Payment Initiation Blockchain 31

The Paypers

FEBRUARY 26, 2021

US-based Western Union Business Solutions has announced the expansion of its global capabilities, bringing different payment services to business customers.

Payment Initiation 34

Payment Initiation Global Payments SWIFT Payments 34

Fintech Finance

OCTOBER 28, 2024

With a bolstered cash position to help fund payments initiatives and a leaner organization, we believe we can focus on our goal of reaching profitability in near term. “We Even more important, we have raised capital, primarily from insiders, to fund further growth.

Payments 95

Payments Payment Initiation FinTech B2B 95

Payments Source

AUGUST 24, 2017

Louis, will oversee the Fed's payments system improvement initiatives. Dave Sapenaro, first vice president and chief operating officer at the Federal Reserve Bank of St.

Federal Reserve 60

Federal Reserve Payment Initiation Fed Payments 60

PYMNTS

SEPTEMBER 6, 2018

However, blockchain is also gaining ground, and currency is offering a boost to the payments infrastructure. To that end, IBM said it launched its Blockchain World Wire , billed as a cross-border payment system that is powered by the Stellar blockchain network.

SWIFT 40

SWIFT Payment Initiation Caps Cross-Border Payments 40

The Paypers

NOVEMBER 24, 2016

(The Paypers) A new market for payment initiation services is set to stem from the introduction of reformed EU laws on payment services, PSD2, new report says.

Payment Initiation 28

Payment Initiation Laws Payments 28

The Paypers

FEBRUARY 2, 2017

(The Paypers) The UK and the US government, business, and other leaders have announced formal creation of the P20 and its inaugural meeting to be held in Autumn 2017, the first transatlantic payments initiative of its kind.

Payment Initiation 28

Payment Initiation Government Governance Payments 28

Finextra

JUNE 11, 2024

German banks are set shut down their PayPal competitor Giropay/Paydirekt and instead throw their weight behind continent-wide startup the European Payments Initiative (EPI).

PayPal 78

PayPal Payment Initiation Payments 78

Finextra

MARCH 7, 2024

The Baltic States—Estonia, Latvia, and Lithuania—are appealing to numerous Payment Initiation Servic.

Payment Initiation 105

Payment Initiation Payments 105

Finextra

JUNE 25, 2024

EU payment gateway Computop is calling on merchants to join pilot trials of the bank-backed European Payments Initiative's wero wallet scheme.

Payment Gateways 72

Payment Gateways Gateways Payment Initiation Payments 72