The Payments Association

MARCH 19, 2025

Traditional banks & payment networks fighting back Tech firms continuing to take a growing share of the payments market has meant that traditional players are responding with their own innovations. For example, Goldman Sachs partnered with Apple for the Apple Card and savings account offering in 2019.

Digital Payments

Finovate

JUNE 5, 2025

Token.io , an account-to-account (A2A) payment infrastructure innovator, secured a strategic investment from HSBC this week. The two firms have been partners since 2019, when Token.io helped the bank launch its HSBC Open Payments solution. The amount of the funding was not disclosed. CEO Todd Clyde said.

Online and Mobile Banking

The Fintech Times

NOVEMBER 4, 2024

In 2014, Nepal’s central bank, Nepal Rastra Bank , introduced its ‘ National Payment Systems Development Strategy ’ (NPSDS) with a vision to modernise the payment system and develop a secure, robust and efficient payment system. UPI will function for Nepali users like it does for Indians in India.

Continuity

Fintech News

JUNE 23, 2025

It is integrated with Grab’s services, including ride-hailing, food delivery, and parcel services, and supports in-app payments, bill payments, QR code scanning, and promotional rewards. The wallet has expanded its acceptance at offline merchants and aims to serve as a full-featured lifestyle payment option. billion by 2030.

Online and Mobile Banking

Fintech News

APRIL 24, 2025

billion Nium is a global payments platform that makes cross-border money transfers easier for businesses and financial institutions. Using real-time payment technology, Nium helps companies speed up international transactions, simplify operations, and scale. Nium Valuation: $1.4 Coda Valuation: $2.5

FinTech

The Fintech Times

JANUARY 17, 2025

With these accounts, users can send local and international real-time payments at competitive fees. Guavapay provides integrated financial solutions including cross-border and mass payment solutions, enabling customers to send money via SWIFT, SEPA, BACS, CHAPS and Faster Payments.

Innovation

Fintech Finance

MARCH 12, 2025

. “This is a clear indication of how the fast and massive adoption of alternative payment channels by consumers in emerging countries is also influencing the credit card industry in these regions,” says João Del Valle , CEO and Co-founder of EBANX.

Issuers

Payments Dive

JULY 22, 2025

Milwaukee-based Fiserv acquired Clover when it bought First Data Corporation in 2019. The payment processing company has ambitious goals for the Clover platform, and has taken recent steps to expand its scope, including targeting high-end restaurants and partnering with buy now, pay later company Klarna to offer installment loans.

Privacy

The Fintech Times

NOVEMBER 7, 2024

In 2019, the Maldives’ GDP per capita exceeded $11,500. In October, Maldives President Mohamed Muizzu took “necessary steps” to introduce India’s Unified Payments Interface (UPI). The Muslim nation has a population of over half a million people, with Male being its capital and largest city.

FinTech

Finextra

JULY 31, 2025

According to industry reports, banks using eKYC and video KYC have reduced onboarding time by up to 70%. Real-time payment infrastructure Your customers don’t want to wait for minutes for the payment processing. They expect instant payments with zero friction. That’s the kind of agility you need.

Payment APIs and Integration

Tom Groenfeldt

MARCH 5, 2019

Real-time payments aren't just faster, they make demands on bank infrastructure and fraud detection.

Real Time Payments

Tom Groenfeldt

NOVEMBER 6, 2018

Citizens Bank, an owner bank of TCH, will begin faster payments on its commercial accounts in 2019.

Real Time Payments

PYMNTS

OCTOBER 14, 2019

Payroll and human resource management solution provider Paychex has unveiled a range of new solutions and services at the 2019 HR Technology Conference & Exposition event late last month. The tool allows Paychex Flex Time users to clock in and out, take breaks and track meals through permission-based GPS location tracking.

Real Time Payments

PYMNTS

SEPTEMBER 27, 2019

The Federal Reserve’s buildup to faster payments innovation came to a head in August when it announced FedNow , its proposed real-time payments infrastructure under the draft Payments Modernization Act of 2019. payments ecosystem. Competition and Interoperability.

Real Time Payments

PYMNTS

JANUARY 25, 2019

As they work to achieve this, more companies are ditching paper-based methods and embracing digital solutions that streamline payments and reconciliations. Some financial institutions (FIs) are seeking to help their corporate clients tap into real-time payments (RTP) to keep up the pace. . “We

Real Time Payments

PYMNTS

JUNE 3, 2020

For this month’s Feature Story, PYMNTS spoke with Tino Kam, head of transaction banking at Finland-based Nordea Bank , and Ulrika Claesson, the bank’s commercial business developer for open banking, about how the need for real-time payments has necessitated equally fast security measures before stolen funds are lost forever.

Real Time Payments

PYMNTS

JUNE 24, 2019

Everyone seems to want faster payments — from gig workers to B2B suppliers to parents splitting expenses — but with not all major financial institutions on board, real-time payments stand at lower chance for mass adoption. The demand for faster payments is strong in the U.S., transaction accounts.

Real Time Payments

FICO

JUNE 26, 2018

In the past year, three major economies — the Eurozone, the USA and Australia — have gone live with real-time payments schemes, Canada will follow in 2019 and many other countries are on the road to implementing real-time schemes. Real-Time Payments Equal Real-Time Crime.

Real Time Payments

PYMNTS

JUNE 17, 2019

In a new partnership, Bottomline Technologies is teaming up with Starling Bank on a Real Time Payments Express Service. The offering will enable corporates and banks to send and receive as well as monitor payments to any U.K. bank account in real time, Crowdfund Insider reported. Those revenues hit $75.5

Real Time Payments

PYMNTS

DECEMBER 5, 2018

New York-based Signature Bank is rolling out a digital payments platform powered by blockchain that enables real-time payments for corporate customers. 4) the launch of its payments platform, Signet, to provide digital payment services for corporate customers. Shay in a statement.

Real Time Payments

FICO

AUGUST 26, 2021

As it happens, there’s a lot more happening in the real-time payments arena than just PayPal, Venmo and Zelle. Let’s take a look at the current trends, with a focus on the US, and how banks can better arm themselves to fight fraud in this rapidly growing payments channel. in addressable payment volume.

Real Time Payments

PYMNTS

MAY 10, 2019

The payments company said that before the deal, Visa-enabled payments could only be sent to and from other Visa cards. Is Real-Time Payments a Threat to Credit Cards? Faster, faster, faster – that’s the motto driving so much of payments innovation today. Now you know what payments innovation is like in 2019.

Real Time Payments

FICO

DECEMBER 19, 2018

My wallet headed into 2019 is about 1/10 th the size it was at the start of the year. My 2019 prediction is that my newly trimmer wallet will be even thinner by next December. I’m predicting that I, along with millions of other consumers, will go cashless in 2019. Most vendors now prefer to accept payment via phone.

Payments

FICO

APRIL 20, 2023

According to FICO’s latest survey of consumers from 14 countries around the globe, 90% of all consumers have sent a real-time payment, and at least 95% of consumers have used real-time payments in India , Indonesia , the Philippines , and Brazil.

Real Time Payments

The Fintech Times

JULY 31, 2024

The RBI report highlights that India is leading the way when it comes to real-time payments, boasting a share of 48.5 per cent of the global real-time payments volume. billion transactions in 2019 to 131 billion transactions in 2023 – 80 per cent of all digital payment volumes.

Real Time Payments

PYMNTS

NOVEMBER 25, 2020

Slow payments have long frustrated businesses and consumers, forcing the former to readjust their timelines as they await funds and prompting the latter to put off purchases as they watch for transactions to finalize. Around The Real-Time Payments Space. Bank, representing Elavon , explained in a recent PYMNTS interview.

Payroll

PYMNTS

JUNE 24, 2019

Major financial institutions (FIs) need to get on board with real-time payment systems for them to achieve widespread availability, while credit unions are finding friendly ground with FinTech firms. 82 percent: Share of businesses that say real-time payments resolve current payment challenges.

Real Time Payments

PYMNTS

NOVEMBER 18, 2019

HSBC Bank has launched real-time payments capabilities on the RTP network that gives businesses the ability to pay and be paid immediately, the company said in a press release Monday (Nov. Since July 2019, businesses have been able to receive real-time payments. demand deposit accounts.

Real Time Payments

PYMNTS

JULY 16, 2019

Now, now, now — that’s the chorus coming from consumers, merchants and other companies when it comes payments, and that demand is fueling progress in real-time payments. It is not only one of the major trends for 2019 but promises to take on increased importance in 2020 and beyond. New RTP Rails. RTP Security.

Real Time Payments

PYMNTS

JANUARY 22, 2021

"Our strategic partnerships have enabled MoneyGram to create the world's leading network, and this expansion is another milestone on our journey to lead the evolution of digital P2P payments," Alex Holmes, MoneyGram chairman and CEO, said in a press release on Friday (Jan. using Visa Direct. MoneyGram is in favor of a proposal by U.S.

P2P

PYMNTS

MARCH 10, 2020

Will this be the year that real-time payments — and, especially, peer-to-peer (P2P) — reach critical mass in the United States? Along with greater participation from these FIs, the number of people sending money using Zelle was up 116 percent, and transactions increased by 207 percent in 2019 as compared to the previous year.

P2P

PYMNTS

DECEMBER 24, 2018

But in hopes of hopping on the holiday bandwagon — and providing data-backed insight in the hottest payment trends for 2019 — allow us to offer this list of a dozen ways that consumers (and some businesses) are paying now, methods that promise to play big roles in 2019. 6: With Person-To-Person Mobile Tech.

Consumer

PYMNTS

AUGUST 6, 2019

would be the latest nation to develop and launch a nationally available real-time payments system. The system, which will be called FedNow, is designed to bring real-time payments capability to the market as a whole, and pick up the pace of money flows nationwide (and beyond).

Visa

PYMNTS

JULY 24, 2019

To reinforce the Federal Reserve’s authority to create a real-time payments system and mandate that the Fed brings about its own process, two U.S. senators have introduced the Payment Modernization Act of 2019. representatives and two U.S.

Faster Payments

PYMNTS

DECEMBER 30, 2019

Now in its third annual edition, 52 Mondays 2019 showcases those columns. They are presented in the order published — giving you, more or less, a mini payments and commerce time capsule for 2019. And, as always, happy Monday.

Payments

Fintech News

OCTOBER 10, 2024

It offers a suite of financial management tools that integrate with a company’s existing systems to simplify tasks such as payroll, vendor payments, and tax payments, and claims over 45,000 business customers. Fi Money, founded in 2019, targets tech-savvy individuals seeking smarter ways to manage their finances.

Payment APIs and Integration

FICO

JANUARY 6, 2020

Here are the 5 customer development posts from 2019 with the most views on the FICO Blog. Consumer Banking Predictions 2019: Four Trends to Watch. In 2019, it will become increasingly clear that these transformation projects require more than just new technology, they also require significant organizational changes.”. .

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