Fintech Finance

OCTOBER 17, 2024

(NYSE:BR), a global Fintech leader, today announced the launch of its highly resilient and scalable managed service for connectivity, message processing and workflow management for instant payments. Instant payments are expected to become the industry standard, particularly for recurring transactions such as bill payments.

Instant Payments 98

Instant Payments Regulations SWIFT Payments 98

Fintech Finance

JANUARY 8, 2025

Second, the CPMI encourages industry to develop global ISO 20022 market practice guidelines for fast payments (also referred to as instant payments) based on the harmonised data requirements.

ISO 20022 98

ISO 20022 Cross-Border Payments Cross-Border ISOs 98

Fintech Finance

SEPTEMBER 11, 2024

The Capgemini Research Institute’s World Payments Report 2025 , published today, reveals an industry set to be reimagined with account-to-account and instant payments. Now celebrating its 20th anniversary edition, the report predicts instant payments will account for 22% of all non-cash transaction volumes by 2028 globally.

Instant Payments 98

Instant Payments Accounts Innovation Non-Bank 98

Fintech Finance

NOVEMBER 12, 2024

The RTP® network, the largest instant payments system in the United States operated by The Clearing House , now averages over 1 million payments per day. and 9% respectively, from September, as financial institution customers continued to enjoy the ease and speed provided by instant payments on the network.

RTP 97

RTP Instant Payments Real Time Payments Payments 97

Fintech Finance

APRIL 7, 2025

Faster Payments Council (FPC), a membership organization devoted to advancing safe, easy-to-use faster payments in the United States, today published a new report, How a Directory Service Accelerates Instant Payments , produced by the FPC Directory Models Work Group. ” The post U.S. ” The post U.S.

Instant Payments 98

Instant Payments Faster Payments FPC Interoperability 98

Fintech Finance

AUGUST 21, 2024

Wipay , a Spanish company specializing in payment technology and a leader in acquiring thanks to its innovation in redefining the transactional experience, has announced the arrival of the Pix Instant Payment System in Europe, the largest instant payment system in Brazil, in collaboration with PagBrasil , a leading fintech company.

Instant Payments 104

Instant Payments Payments Facilitators Transactions 104

The Payments Association

DECEMBER 2, 2024

2024 reshaped payments with instant payment mandates, crypto regulations, and enhanced consumer protection driving innovation and security. These changes are not just reshaping the way payments are processed however, also redefining the responsibilities of firms operating in this space.

Regulations 88

Regulations Instant Payments Consumer Protection Payments 88

Fintech Finance

DECEMBER 12, 2024

The new solution supports payment service providers (PSPs) in offering Verification of Payee services to their customers that fulfill the requirements of the Instant Payments Regulation (IPR) and of the VOP Scheme developed by the European Payments Council (EPC).

Payee 98

Payee Verification IBAN End User 98

PYMNTS

APRIL 16, 2020

The first phase of the project will entail instant collections services for clients, and the second phase, to be introduced later this year, will allow instant payments throughout the country. PromptPay is operated by Thailand-based payments service provider National ITMX.

Instant Payments 91

Instant Payments Contactless Payments Cross-Border Payments 91

Fintech Finance

AUGUST 27, 2024

Mexipay will utilize ACI’s Digital Central Infrastructure solution, part of the award-winning ACI Enterprise Payments Platform, to address the need for enhanced real-time payment services.

Instant Payments 97

Instant Payments Real Time Payments ISO 20022 Financial Inclusion 97

Fintech Finance

NOVEMBER 14, 2024

one of Europe’s leading financial services providers, reveals digital wallets and Open Banking as pivotal forces set to transform the payments landscape in 2025. ” Facing new realities: SEPA Instant As Europe’s SEPA Instant payment deadline approaches on 9 January 2025, industry readiness remains uncertain.

Payment APIs and Integration 98

Payment APIs and Integration Regulatory Compliance Fraud Prevention Cross-Border Payments 98

PYMNTS

OCTOBER 12, 2020

In an interview with Karen Webster, Boston Federal Reserve Chief Operating Officer and FedNow Program Executive Ken Montgomery said the central bank’s ambitious payments initiative remains on track — and will inject competition into the instant payments market. We can also see opportunities for small and medium businesses.

Instant Payments 97

Instant Payments FedNow Fed Interoperability 97

Payments Source

JUNE 25, 2019

The pressure on banks, financial institutions and payment service providers to act as effective gatekeepers in the fight against financial crime is intense. Real-time payments considerably complicates that challenge, writes Sophie Lagouanelle, head of solutions at Accuity.

Instant Payments 109

Instant Payments Financial Crimes Real Time Payments Crime 109

The Fintech Times

JANUARY 7, 2025

This service is compliant to new requirements and legislations, more particularly, the Instant Payment Regulation, which defines that Instant credit transfers need to be accompanied by a ‘Verification of Payee’ service.

Value Added Service 105

Value Added Service Finance Cross-Border Payments Payee 105

Fintech News

APRIL 2, 2025

The Nexus system is designed to simplify international payments by creating a standardised connection point for domestic instant payment systems (IPS), allowing them to link with multiple countries through a single connection. Further details regarding the NTO selection are available on the NGP website.

Global Payments 104

Global Payments Cross-Border Payments Central Bank Cross-Border 104

Finextra

OCTOBER 29, 2024

In a conversation with FinextraTV, Moshe Winegarten, Chief Revenue Officer at Ecommpay, and Todd Clyde, CEO of Token.io, discuss the future of open banking and the evolving payments landscape. The discussion highlights a global shift towards instant payments in 84 countries and the consolidation of payment service providers (PSPs).

Payment Solutions 69

Payment Solutions Payments Instant Payments Addressing 69

Fintech Finance

FEBRUARY 6, 2025

ACI processes account-to-account payments for hundreds of PSPs in Europe and the UK with market-leading instant payments solutions. VOP service is a pan-European regulatory requirement as part of the new European Instant Payment Regulation, which all PSPs must adhere to by October 2025.

Payment Service Provider (PSP) 59

Payment Service Provider (PSP) Instant Payments Verification FinTech 59

Bank Automation

JANUARY 30, 2025

Business clients are demanding instant payment services from their financial services providers as they look to streamline payment processes.

RTP 59

RTP FedNow Federal Reserve Instant Payments 59

PYMNTS

JANUARY 4, 2019

The new year dawned with individual country and company initiatives tied to instant payments, and moving beyond cash transactions. 3) that, in Hungary, commercial banks have started a test phase for a domestic instant payments system, with a “go live” date slated for July 1.

Instant Payments 67

Instant Payments Funds Transfer Online and Mobile Banking Payments 67

PYMNTS

OCTOBER 16, 2020

It was a busy week for commerce and payments, as consumers are harnessing connected devices for digital-first shopping and firms are looking to harness tools to speed up business-to-business (B2B) disbursements and payments. How Visa, FIS, TCH, SWIFT, Nacha And Circle See The Future Of Faster, Real-Time Payments Rails .

Instant Payments 95

Instant Payments Card Issuer Online and Mobile Banking Federal Reserve 95

BioCatch

MARCH 4, 2025

The EUs Instant Payments Regulation (IPR) requires all payment service providers (PSPs) in the eurozone to offer their customers the ability to send and receive instant payments 24 hours a day, seven days a week, 365 days a year. Already, EU PSPs must allow the receiving of real-time transfers.

Instant Payments 59

Instant Payments Risk Payments Regulations 59

Finextra

MARCH 18, 2025

In March 2025, the Eurosystem completed exploratory work for offering a Verification of Payee (VoP) service for payment service providers (PSPs) in SEPA, helping them comply with the EUs Instant Payments Regulation across credit transfers in Euro.

Payee 59

Payee Verification Instant Payments Regulations 59

PYMNTS

AUGUST 7, 2020

Federal Reserve Board members this week shed some light on the timing and mechanics of FedNow — an always-on, fully interoperable interbank-settlement service that will give rise to instant payments in the United States. Lael Brainard said the coronavirus crisis has heightened the need for instant payments.

Fed 75

Fed Instant Payments FedNow Interbank Settlement 75

The Fintech Times

FEBRUARY 28, 2024

The European Council has introduced new regulations to make instant payments fully available in euros to consumers and businesses in the European Union (EU) and European Economic Area (EEA) countries. Banks must soon enable file-based instant payments without surcharges for their business clients.

Instant Payments 69

Instant Payments Regulations Non-Bank Payments 69

Bank Automation

JUNE 12, 2025

Carvana has implemented request for payments technology and instant payments capabilities for down payments on vehicle purchases, allowing consumers to obtain their vehicle faster.

RFP 52

RFP RTP Request for Payment Real Time Payments 52

Payments Source

SEPTEMBER 4, 2018

Giro Zrt, a Hungarian financial services industry organization that operates a domestic automated clearing house payments network, is teaming with the payments service provider Nets A/S to create a national instant payments service.

Instant Payments 61

Instant Payments Payments Payment Networks Automation 61

The Fintech Times

DECEMBER 18, 2024

Over these years, CBI has developed several open banking and open finance services and achieved a variety of goals at national and international level. Other services, such as CBI GO and CBI Safe Trade, have been intentionally developed to minimise fraud while enhancing transparency, customer experience and fostering financial inclusion.

Finance 115

Finance IBAN Fraud Prevention Interoperability 115

The Fintech Times

MAY 29, 2024

The Interledger Foundation , an organisation building and advocating for an open, interoperable payment network, is introducing a new initiative to fund fintechs that leverage its Interledger Protocol (ILP) to bring payment capabilities to emerging markets and underserved populations.

Instant Payments 69

Instant Payments Cross-Border Payments Financial Inclusion Underserved 69

Finovate

JULY 19, 2024

A key part of Brazil’s PIX instant payments ecosystem, Matera offers core banking, instant payments, and QR code payment technology to more than 250 banks, credit unions, and financial institutions globally. Hong Kong-based digital bank ZA Bank announced new reserve banking services for stablecoin issuers.

Instant Payments 69

Instant Payments AI Acquirers Payments 69

Finextra

JULY 30, 2024

Nexi, the European PayTech, signs an historic agreement with Payac Services CLG, a credit union owned payment services provider, to deliver SEPA Instant payments to all participating credit unions in the Republic of Ireland.

Credit Union 52

Credit Union Instant Payments Agreements Participant 52

The Fintech Times

OCTOBER 19, 2024

Broadridge Financial Solutions , the investor communications and technology-driven solution provider, has launched a new managed service for connectivity, message processing and workflow management for instant payments.

Instant Payments 52

Instant Payments SWIFT Payer Request for Payment 52

Neopay

NOVEMBER 27, 2023

The European Council and European Parliament have struck a provisional agreement on the mandatory provision of instant credit transfers in euros and access to central bank payment rails by non-bank e-money institutions and stablecoin issuers.

Instant Payments 52

Instant Payments Non-Bank IBAN Stablecoins 52

Fintech Finance

MARCH 31, 2025

By reinforcing our capabilities, we can accelerate the adoption of instant payments, expand our offerings and support our users more effectively when facing future challenges.

Instant Payments 52

Instant Payments Value Added Service Digital Payments Innovation 52

The Fintech Times

NOVEMBER 16, 2024

Digital wallets, open banking and instant bank transfers are set to become the main forces transforming the payments landscape in the coming year, according to new research by payabl , the European financial service provider.

Fraud Prevention 59

Fraud Prevention Compliance Regulatory Compliance AI 59

Payments Source

AUGUST 4, 2020

Home-service providers using Jobber software to manage their businesses now have access to Stripe Capital to obtain funds.

Instant Payments 75

Instant Payments Service Provider Payments API 75

Fintech Finance

MARCH 18, 2024

ACI Worldwide (NASDAQ: ACIW), a global leader in mission-critical, instant payments technology, has revealed striking new data proving instant payments will boost the financial prospects of young adults in the EU. According to the latest data, the volume of instant payments in the EU is expected to rise from 7.6

Instant Payments 52

Instant Payments Financial Inclusion Finance Payments 52

PYMNTS

DECEMBER 4, 2018

The payment messaging entity SWIFT this past week began implementing its SWIFTNet Instant service that is tied to the Eurosystem’s TARGET Instant Payment Settlement service. Implementation began last Friday, Nov. 21 of 2017. Data formats rely on ISO 20022, as the EPC has stated in the past.

Instant Payments 50

Instant Payments ISO 20022 SWIFT ISOs 50