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Payfinia Receives $4.5 Million from Star One Credit Union to Launch CUSO

Finovate

Payfinia’s IPX platform will play a key role in the CUSO, helping organizations leverage FedNow to offer instant payments while providing fraud prevention. ” The IPX platform was originally launched by Tyfone in July of 2023 in conjunction with the Federal Reserve’s FedNow instant payment service.

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Fuelling cross-border payments transformation through financial institutions, Ventura Capital leads growth round in Payall Payment Systems

The Payments Association

With this new capital, Payall will accelerate its connections with global payout partners, sales to originating institutions, correspondent banks, and regulators, as well as further distinguish its breakthrough counterparty risk management, multi-jurisdictional compliance automation, and AI deployment.

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Fueling Cross-border Payments Transformation Through Financial Institutions, Ventura Capital Leads Growth Round in Payall Payment Systems

Fintech Finance

With this new capital, Payall will accelerate its global payout partner connections and sales to originating institutions, correspondent banks and regulators as well as further distinguish its breakthrough counterparty risk management, multi-jurisdictional compliance automation and AI deployment.

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Commerce Bank Adopts FedNow Delivered by Temenos Payments Hub to Continue Modernisation

The Fintech Times

US-based Commerce Bank has officially gone live with FedNow on Temenos Payments Hub delivered as Temenos SaaS, enabling real-time payments on the secure, scalable and continuously updated platform. This latest go-live enables Commerce to offer FedNow real-time payments using Temenos Payments Hub.

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Top US Bank, Commerce Bank, Goes Live on the FedNow® Service with Temenos

Fintech Finance

Temenos (SIX: TEMN) today announced that Commerce Bank , a top US bank, has gone live with FedNow on Temenos Payments Hub delivered as Temenos SaaS, enabling real-time payments on a secure, scalable and continuously updated platform. This latest go-live enables Commerce to offer FedNow real-time payments using Temenos Payments Hub.

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Fed's faster payments network likely ahead of schedule: Powell

Payments Source

The central bank originally predicted FedNow's launch within five years, but the Fed chairman told House lawmakers that he expects it will happen sooner.

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Trustly and Cross River Propel Instant Payment Adoption With Support of FedNow® Service

Fintech Finance

Trustly , a global leader in Open Banking Payments, and Cross River Bank (“Cross River”), a technology infrastructure provider that offers embedded financial solutions, are proud to expand their collaboration in instant payments with the addition of the FedNow® Service.

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