Fintech News

MAY 11, 2025

DBS Bank is also a participating bank in PayNow, Singapores consumer real-time payments service. PayNow is connected to the likes of Malaysias DuitNow and Indias Unified Payment Interface (UPI) system, enabling cross-border instant payments.

Cross-Border Payments 110

Cross-Border Payments Cross-Border APACS Distributed Ledger Technology (DLT) 110

Payments Source

JANUARY 22, 2018

Today: Amazon Go opens in Seattle; CBA adds voice payments; Instant payments advance in France; SEC targets cryptocurrency manipulation; Why is a consumer group attacking lower ATM fees? The information you need to start your day, from PaymentsSource and around the Web.

ATM 64

ATM Instant Payments Cryptocurrency Consumer 64

PYMNTS

AUGUST 7, 2020

Four years ago, India launched its Unified Payments Interface (UPI). Established by the central bank and owned by a group of local lenders, the instant payment system facilitates inter-bank transactions. In July, the National Payments Corp. The platform’s transaction volume increased to a record $1.34

Digital Payments 106

Digital Payments Central Bank Online and Mobile Banking Disputes 106

The Fintech Times

NOVEMBER 7, 2024

In fact, in 2016, only one-third of the population had access to a bank branch and less than half of the entire population had access to an ATM outside of Male. Also, two-thirds of the population in 2017 made or received a digital payment in the past year. The region also lacks financial services infrastructure in many areas.

FinTech 59

FinTech PayPal Financial Inclusion Financial Literacy 59

Clearly Payments

OCTOBER 31, 2024

Growth : In regions such as Southeast Asia and Latin America, bank transfer payments have grown by 20% annually due to increasing banking access. Faster Payments (U.K.), Popular Examples : Interac e-Transfer (Canada) , Zelle (U.S.), PayID (Australia), and UPI (India).

Online and Mobile Banking 98

Online and Mobile Banking RTP BNPL Debit Card 98

Finextra

JULY 4, 2025

The card is accepted globally across ATMs, POS terminals, and online platforms in collaboration with the RuPay-Discover Network – making it ideal for frequent international travellers and customers who want to meet their banking needs online.

Debit Card 52

Debit Card Finance Transaction Limits Authorization 52

The Fintech Times

AUGUST 8, 2024

Varo Bank offers services such as fee-free checking accounts, free ATM access at over 40,000 locations, cash advances and lines of credit, secured credit-building credit cards, instant payment solutions and high-yield savings accounts to customers, with over five million cards in-market.

Issuers 59

Issuers Processors Non-Bank Embedded Finance 59

Finovate

OCTOBER 16, 2024

Velera serves more than 4,000 financial institutions throughout North America, offering a product portfolio that features solutions for payment processing, fraud and risk management, data and analytics, digital banking, instant payments, strategic consulting, ATM and POS networks, and more. Fagan III is President and CEO.

Credit Union Service Organization 59

Credit Union Service Organization Credit Union Credit Cards EMV 59

Finovate

AUGUST 6, 2024

Varo Bank offers fee-free checking accounts, high-yield savings accounts, secured credit-building credit cards, instant payment solutions, and free ATM access at more than 40,000 locations. .” Widely recognized as one of the first nationally-chartered consumer-based techbanks in the U.S.,

Processors 59

Processors Issuers Credential ATM 59

PYMNTS

JUNE 17, 2019

FPS was developed and piloted with the collaboration of a dozen Russian banks and payment service providers, including Alfa Bank, Gazprombank, Raiffeisenbank and TB, all of which belonged to the Fintech Association founded by the Central Bank of Russia. Instant payments can be a trigger for increased competition,” he said.

Faster Payments 80

Faster Payments C2G Payments P2P 80

PYMNTS

OCTOBER 30, 2019

As of late 2019, there are few people left who need to be talked into the “why” of instant payments — that case has already been well made. There isn’t more risk, or inherently worse risk, with an instant payment — it is just different risk.”. The payment is irrevocable, and can’t be clawed back.

Instant Payments 41

Instant Payments Payee Payments Risk 41

PYMNTS

OCTOBER 30, 2018

Klarna is teaming up with Shopify by bringing its pay now and pay later product, called Sofort, to Shopify Payments for German merchants, the companies said in an announcement. Pay now allows shoppers to make instant payments by bank transfers, while pay later allows them to pay for products without interest or fees up to 30 days later.

Online and Mobile Banking 46

Online and Mobile Banking Instant Payments Contactless Payments Payments 46

Fintech News

MAY 21, 2024

Featured image credit: edited from freepik The post Which Bank Has the Top High Yield Savings Accounts in Singapore appeared first on Fintech Singapore.

Accounts 117

Accounts Multi-Currency Online and Mobile Banking Credit Cards 117

PYMNTS

APRIL 1, 2019

It isn’t just dramatic life emergencies that might cause workers to need access to instant payments, either. For a standard, fixed fee, these solutions provide employees with 24/7, year-round instant access to earned wages. Think of it no differently from an ATM that might sit in your lobby,” Lee said.

Payroll 43

Payroll Available Balance ACH Instant Payments 43

PYMNTS

AUGUST 30, 2018

All of which are true, Byrne said, so long as one has pounds in their pocket – because many of the merchants in markets don’t take cards, and will politely direct customers to the nearest ATM when they try to pay with one. The Power — and Perils — of Instant Payment.

Push-to-Card 42

Push-to-Card ATM Small Business Online and Mobile Banking 42

PYMNTS

MARCH 19, 2019

Last year, Australia launched its New Payments Platform (NPP), which was developed by the Reserve Bank of Australia in collaboration with the nation’s Big Four banks. As soon as the service went live, users could make instant payments between bank customers and other financial service providers. In the U.S.,

Faster Payments 56

Faster Payments Real Time Payments Zelle P2P 56

PYMNTS

MARCH 7, 2019

That prepaid card, the companies said, is accepted at merchants that accept Visa debit cards, and can be accessed at ATMs and points of sale. The PayActiv benefit is zero cost to the employer. There are no startup or implementation costs, no costs to enroll or cancel and there are never any recurring fees, the companies noted.

Payroll 80

Payroll Push-to-Card Debit Card Economy 80

PYMNTS

APRIL 15, 2016

If the cleaner, who essentially operates as his own small business, receives payment in cash, that doesn’t mean he can actually use that cash to pay suppliers until he makes a trip to a physical bank branch. The obvious argument is for financial institutions to improve their faster payments systems.

Faster Payments 40

Faster Payments Payments Checks Small Business 40

Fintech Labs Insights

FEBRUARY 2, 2017

The Instant Payments Framework (IPF) from Icon Solutions is an agile yet robust software product that expedites financial institutions’ transition toward instant payments. Instant Payments Framework (IPF): enabling rapid, high performance connection to instant payment schemes globally.

Instant Payments 17

Instant Payments ATM Real Time Payments ACH 17

PYMNTS

AUGUST 14, 2019

Specifically, employees stay at their jobs two and a half to three times longer compared to employees who do not have Instant Pay available to them.” . A forthcoming Fiserv collaboration will allow for instant bank account transfers. . The Demand for Earnings on Demand .

Zelle 43

Zelle Point-of-Sale (POS) Payroll On-Demand 43

PYMNTS

DECEMBER 9, 2019

Their perception of banking, aside from ATMs, is entirely app-based – and mobile. But the situation is righting itself as dynamic market forces reshape payments. Instant” is becoming the posted speed limit nationally and globally for transactions. It’s a disconnect that could not be more glaring.

Checks 52

Checks Federal Reserve P2P B2B 52

PYMNTS

OCTOBER 6, 2017

Tipalti, which automates the accounts payable and payments cash flows, recently rolled out early payments to help smooth that contention, and Israch says it’s been a win for everybody: Suppliers get their instant payments, and companies are rewarded with a discount for paying early.

Online and Mobile Banking 40

Online and Mobile Banking Risk Assessment Point-of-Sale (POS) Instant Payments 40

PYMNTS

MAY 6, 2019

Employees have no issues when tips are paid in cash, but when patrons choose to pay their bills with credit or debit cards, managers must often run to ATMs at the end of the night so servers can leave with the funds they’re owed. . There are some 2.6 million restaurant servers in the U.S., Helping Waitstaff Find Financial Responsibility .

Debit Card 40

Debit Card Point-of-Sale (POS) ATM Direct Deposit 40

PYMNTS

SEPTEMBER 7, 2018

Then, once the student gets it, if they have a bank account, they have to go deposit it and wait for it to clear — o r, if they don’t have a bank account or branch or ATM nearby … they’ve got to wait even longer. “You have to wait forever for the school to mail it to you and for it to arrive. About The Tracker.

Settlement 43

Settlement Online and Mobile Banking Checks Process 43

PYMNTS

JULY 4, 2018

High satisfaction rates, to the tune of 81 percent, come in tandem with innovations such as shared branching, in which ATMs and services are universal across the network. Direct deposit remains the most popular choice for nearly 54 percent of respondents, followed by instant payments at 22 percent.

Research 40

Research Credit Union Payments Online and Mobile Banking 40

PYMNTS

NOVEMBER 7, 2017

Moreover, when offered the chance to cash their check on a mobile device or at an ATM machine, four out of 10 times the bank’s consumers chose the “no risk” check cashing option over the traditional deposit. Let’s All Go To The Bank Lobby – And Reap The Rewards.

Checks 42

Checks Instant Payments Payments Payment APIs and Integration 42

PYMNTS

NOVEMBER 6, 2020

Millennials Drive More to Faster Payments . Millennials and Gen Z are among the groups that are most likely to have received instant payments. From Online Ordering to Cupcake ATMs: How Sprinkles Prepared for the Pandemic. These users are receiving investments, insurance and income via those means.

Digital Payments 59

Digital Payments Point-of-Sale (POS) NOV Payments 59

PYMNTS

JANUARY 31, 2020

Banks such as BMO Harris Bank are heavily funding PIN authentication, real-time check scanning and ATMs to meet this demand, but they are discovering an unexpected benefit for bank staff as well. Mastercard and TabaPay on Accelerating Instant Payments.

Technology 52

Technology SARS Online and Mobile Banking Contactless Payments 52

The Fintech Times

FEBRUARY 11, 2025

Worldline, a payment services company, partners with DNB Bank ASA , one of the largest financial services group in Norway. It offers unlimited fee free spending on transactions abroad and up to 500 fee free withdrawals per month from overseas ATMs (one per cent FX fee applies above this). Annual membership to Pro is priced at 39.95

FinTech 59

FinTech Finance AI Advisors 59