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Modernizing Government Payment Systems for Efficiency and Trust

Clearly Payments

Government agencies face mounting pressure to provide efficient, secure, and accessible payment options for their services, agencies, and constituents. Challenges in Government Payment Processing Government agencies manage a diverse range of payment types, including tax payments, permit fees, licensing, utility bills, and fines.

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German Government Selects Secupay and Episode Six Technology to Deliver Government Disbursements

Fintech Finance

Episode Six (E6), a leading global provider of enterprise-grade payment processing and ledger infrastructure, today announces a partnership with payment solutions and services provider Secupay to provide asylum seekers with payment cards, enabling them access to financial support from the German Government.

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Trustly and Point & Pay Partner to Streamline Government Payments

Fintech Finance

Trustly , the global leader in Pay by Bank, and Point & Pay , a leading payment processing provider for government agencies, today announced an integrated product partnership. “This collaboration helps government agencies simplify their payment systems, reduce processing costs, and improve the overall customer experience. .

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Visa Direct to Make Funds Available in U.S. Cardholders’ Bank Accounts in One Minute or Less

Fintech Finance

Consumers, businesses, and governments can use Visa Direct to deposit funds to bank accounts linked to eligible debit cards in real-time1. In addition to enhancing the cardholders experience, this update opens new avenues for businesses and governments to grow and thrive. Faster Payments Council (FPC).

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Is Southeast Asia Fintech Funding Drying Up?

Fintech News

SEAs young, tech-savvy population, a growing consumer base, reliance on informal financial systems, and supportive government initiatives aimed at financial inclusion serve as robust drivers for long-term growth. This demand is expected to fuel fintech innovations even in the face of current economic hurdles. Yet, optimism abounds.

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AIsa Unveils Groundbreaking Payment Network for the Trillion-Dollar AI Economy

Fintech Finance

Scalability Issues: AI systems demand thousands of transactions per second, far beyond current capacities. Key features include: Zero-Latency Transactions: Millisecond-level settlement speeds to meet real-time demands. Cost Barrier: High fees (2.9% + $0.30 per transaction) make microtransactions unviable.

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On-Demand – The final countdown: What’s next for Verification of Payee?

Finextra

On-Demand 440 registered Online Join this Webinar As VOP implementation across the SEPA region progresses, what are the practical next steps for financial institutions? Webinar The final countdown: What’s next for Verification of Payee? The Verification of Payee (VOP) deadline is just around the corner.

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