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Thunes Expands Real-Time Payments Network to Taiwan

Fintech News

Thunes, a global payments company specialising in cross-border transactions, has expanded its Direct Global Network to Taiwan. This expansion offers a real-time alternative to traditional cross-border payment systems for transfers to bank accounts in Taiwan.

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Thunes Enables Global Payments to Mastercard, Visa, and UnionPay Cards

Fintech News

Thunes, a global payments company, has launched a new Pay-to-Card solution that allows its members to send real-time payments to 15 billion Mastercard, Visa, and UnionPay cards worldwide. This solution complements Thunes’ existing Pay-to-Wallet and Pay-to-Bank services. said Floris de Kort, CEO of Thunes.

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BofA Clients Embrace New $10 Million Limit in U.S. Real-Time Payments

Fintech Finance

Recent action from The Clearing House to increase the transaction limit on real-time payments from $1 million to $10 million is fueling new use cases in business-to-business payments among Bank of America clients. real-time payments the company is processing.

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Kuwait’s Real-Time Payment Scheme WAMD Surpasses 1 Million Accounts in First Year

Fintech Finance

With 100% of the country’s banks now on board with WAMD, this extraordinary growth in real-time payments is expected to continue. Kuwait’s evolution into a real-time payment powerhouse is set to further propel the Middle East’s position as a leader in payments modernization.

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PayPal's Xoom Adds Real-Time Payments For Remittances To India

PYMNTS

Julian King , vice president and general manager of Xoom, said real-time payments have been a "critical and essential payment tool" for the nine months of the pandemic thus far, and they have proved popular with customers in India. India is an important market for us," he said, according to the release.

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Nium Expands Operations in Latin America, Accelerating Global Real-Time Payments in the Region

Fintech Finance

This continued expansion is a step towards Nium’s commitment to revolutionizing the global payments landscape in this strategic region. BS2 leverages Nium’s Global FX product to reduce FX costs and enable real-time payouts between Brazil and key trading corridors like China and the UAE.

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How Visa, FIS, TCH, SWIFT, Nacha and Circle See The Future of Faster, Real Time Payments Rails

PYMNTS

Against that backdrop of moving away from paper payments, and toward ubiquitous real-time payments, TCH’s Waterhouse said there’s probably not a use case “that’s going to tip the scale here.” Real-time payment is also is finding traction in the gig economy, allowing employees to be paid on a regular basis, even daily.