article thumbnail

Icon Solutions Secures Investment from UBS

Finovate

. “With IPF now internationally proven and increasingly adopted by major financial institutions, we look forward to continuing our close partnerships with Citi, NatWest, and UBS to build on this global momentum and deliver truly innovative and ground-breaking payments solutions.”

article thumbnail

How Micro-Services And AI Can Speed FIs’ March Toward Instant Payments

PYMNTS

The financial landscape is changing, moving toward instant payments, toward commerce that is always on – and for financial institutions (FIs) serving corporations and consumers across the world, the margin for error is fast disappearing.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

C2FO Calls For Federal Supplier Payment Program

PYMNTS

Sainsbury’s said it would be offering 1,500 suppliers with under £100,000 in yearly turnover with instant payments, while Aldi also planned to reduce payment terms. The merchants follow in the footsteps of others such as Morrisons and Tesco.

article thumbnail

Deep Dive: How Customer Behaviors Drive Demand For Mobile Disbursement Innovation

PYMNTS

There is also a growing appetite for mobile apps that can receive instant disbursements for a variety of use cases, including receiving rebates and settling insurance claims. Seventy percent of consumers stated that they would use instant payment solutions for these payouts if they had the option.

article thumbnail

Moving Money X-Border In The Age Of ‘Business As Unusual’

PYMNTS

The time available to fix SWIFT messages is two days; the time to fix real-time gross settlement (RTGS) payments is the daily cutoff; to fix faster payments is two hours; and instant payments a scant two minutes. Where We Need To Be.

article thumbnail

Small Banks Essential To Faster Payments Ubiquity

PYMNTS

Today, according to Icon and Lipis Advisors, FinTech has evolved so that the overall cost of integrating real-time payments solutions has diminished significantly — even for smaller FIs. If you can’t have faster payments, then you’re not a serious competitor in the banking space.”

article thumbnail

The 4-1-1 on Online Payment Negotiation

Payment Savvy

The payment program offers all the features your agency needs to increase your financial bottom line AND agent productivity. – all while being at the forefront of payment technology. The online payment negotiation tool is easy to integrate and is very user-friendly.