Fintech News

OCTOBER 23, 2024

Amidst the pandemic constraints in 2019, the migration was completed in just nine months. In Vietnam, SmartPay started with C2B payments as transfers within its mobile wallet ecosystem, and later introduced QR code payments for both old and new merchants. By now, it has expanded its portfolio from one to two million merchants.

Acquirers

PYMNTS

MARCH 10, 2020

The conversation came against a backdrop where, at the end of February, Fiserv said that nearly 600 banks and credit unions (CUs) have joined the turnkey service from Zelle to enable person-to-person (P2P) payment capabilities, and that the number of participants accessing the network via Fiserv has increased ten-fold in 2019 from 2018.

P2P

PYMNTS

JANUARY 30, 2020

Total cards were up one percent, while processed transactions continued a year over year pace seen earlier in 2019, at 11 percent, to 37.8 Beyond C2B, the company continues to grow its B2B business, said Kelly, with new business in Singapore and Hong Kong for virtual cards. billion transactions.

Contactless Payments

PYMNTS

NOVEMBER 6, 2018

The changes, which are to be implemented in 2019 and 2020, would expand the daily time limit for submitting transactions to the network, make funds for some Same Day and next-day ACH transactions available more quickly, and increase the dollar limit on Same Day ACH transactions. Even as the U.S. USD) per transaction.

Faster Payments

PYMNTS

MARCH 18, 2019

It’s been reported that TCH had 36 banks on board RTP at the end of 2018, and expects that number to reach 1,000 by the end of Q1 2019 – about two weeks from today. as of January 2019. months into 2019. TCH is the association of the 25 largest banks in the U.S., and one of two operators of the ACH network in the U.S.,

Faster Payments

PYMNTS

OCTOBER 23, 2019

And to get there, the company is leveraging the functionalities gained from its 2017 acquisition of Vocalink and its 2019 buy of Transfast to shift payments beyond traditional card rails. What you see through these two actions,” he told Webster, is to expand Mastercard’s role in commerce beyond cards.”

Visa

PYMNTS

APRIL 16, 2020

The COVID-19 pandemic’s impacts are already being felt across various business sectors, and efforts to reduce its spread are sending ripple effects through supply chains and shifting B2B and consumer-to-business (C2B) payment practices. Social distancing and the closure of nonessential retailers is also dampening demand.

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