PYMNTS

NOVEMBER 16, 2020

Real-time payments continue to gain traction around the world. The country’s banking system is giving an upgrade to its instant payments system. Called PIX , the new payment rails have been in the works for some time and launched last week. Case in point: Brazil. Cash And Checks .

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Fintech News

MAY 11, 2025

Launched as a pilot in 2011, the service allows users to make payments, transfer money and perform other financial transactions using the Airtel Thanks App or USSD. Airtel Money has been recognized in the Cross-Border Payments 100 list every year since its inception, highlighting its sustained relevance in global payments.

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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.), Rise of Real-Time Payments (RTP) : Real-time payment systems are expected to grow by 15% annually , as consumers and businesses alike demand instant fund transfers.

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PYMNTS

JANUARY 21, 2019

The Tracker found that some 74 percent of business executives cited a lack of interoperability as a major inhibitor to their real-time payments adoption, along with the operational and process challenges that come with ”living in a world where money moves that fast.”. The same thinking has now crossed the instant payments chasm.

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PYMNTS

JUNE 2, 2020

DBS Bank India is partnering with Transport Corporation of India Limited (TCIL), which works in supply chains and logistics services, to provide truck drivers with instant payments via an application programming interface (API) solution, according to a press release.

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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.

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PYMNTS

MARCH 19, 2019

Bad actors can utilize ATOs and application fraud to take advantage of real-time payments rails and access stolen funds. Understanding Real-Time Payments Changes. Disbursement speeds are likely to increase significantly as countries around the globe launch real-time payments systems.

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