Remove Credit Union Remove ISO 20022 Remove Payment APIs and Integration
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Live Oak Bank Implements Finzly’s Fedwire Solution

Finovate

Finzly’s technology enables 100% straight-through processing (STP) and will help ensure the bank is compliant with upcoming ISO 20022 regulations. The deployment enables 100% straight-through processing (STP) and facilitates the bank’s compliance with upcoming ISO 20022 compliance requirements ahead of schedule.

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Eastnets Launches Managed SWIFT Service on AWS Cloud

Fintech Finance

Eastnets , a global leader in compliance and payments solutions, has launched its Managed SWIFT Service on AWS Cloud. Integrated payment hub for advanced processing and workflow automation with ISO 20022 translation, duplicate detection, transaction monitoring and fraud prevention.

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Open Banking Targets SMB Apps, Payments Data

PYMNTS

Meanwhile, the Monetary Authority of Singapore (MAS) continues to drive financial services innovation through the availability of banking licenses for FinTech firms, with a focus on exploring the opportunities for application programming interfaces (APIs) to expand the market’s Open Banking capabilities. Nacha Unlocks Payments Data.

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Everlink, FINTAINIUM Team Up To Offer Real-Time B2B, B2C Payments

PYMNTS

Everlink Payment Services is teaming with workflow solutions provider FINTAINIUM to offer B2B and B2C payments in real time, leveraging the ISO 20022 global standard, according to a press release. It will give them the ability to send or request real-time bulk payments without the usual associated high costs.

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Alacriti Launches RTP Solution For Financial Institutions

PYMNTS

Alacriti is rolling out a new solution that will link banks and credit unions (CUs) with the burgeoning work of real-time payments, or RTP. In turn, banks and CUs can give customers access to real-time payment services, in effect by piggybacking on Cosmos for RTP in order to connect with the Clearing House, Alacriti said.

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Mastercard: Transactis Buy Speeds Bill Pay’s Digitization

PYMNTS

Inefficient, but stubbornly entrenched, paper and cash dominate bill payments. paid using those archaic payment choices, the move to digital payments is a shared effort amid companies, processors, billers and, of course, consumers. Banks and credit unions can access the platform through application program interfaces (APIs).

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Deep Dive: Smoothing X-Border Subscription Payment Pains

PYMNTS

Expanding operations to reach customers like these requires that businesses not only offer appealing products and services, but also provide payment experiences that are both convenient for consumers and easy for the companies to manage. Selling to overseas subscribers means businesses must handle payments in multiple currencies.