Remove Multi-Currency Remove Settlement Remove Value Added Service
article thumbnail

Live Oak Bank Implements Finzly’s Fedwire Solution

Finovate

Finzly’s Fedwire solution provides instant settlement, real-time visibility, and complete automation for Fedwire payments. Banks benefit from not only faster settlements, streamlined payments, and automation of key tasks, but also from the ability to seamlessly support multiple cores.

article thumbnail

Visa, FIS boost value-added card services

Payments Dive

Justin Sullivan via Getty Images Dive Brief: Visa and Fidelity National Information Services (FIS) have expanded their partnership to provide new value-added services to financial institutions in a bid to level the playing field for smaller regional and community banks competing with bigger banks, the payment giants said Thursday in a press release.

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

The Ultimate Guide to Online Payment Processing

Stax

Settlement and funding At the time the payment processor sends a confirmation message to your payment gateway, it will also facilitate the transfer of funds from the customers account to your merchant accountthis is known as the settlement process. If you plan to reach a global audience, then a multi-currency payment gateway is a must.

article thumbnail

Deep Dive: Mastercard’s Shift - From Plastic to Platforms

Finextra

Over the past decade, the company has aggressively diversified – expanding into new payment rails, new markets, and new value-added services. Its infrastructure, built for interoperability and scale, now handles everything from business-to-business (B2B) payments to person-to-person (P2P) transfers across different currencies.

article thumbnail

Worldpay scores new business distribution channel with Santander UK

Finextra

Santander Corporate and Commercial Banking customers will also benefit from dedicated e-commerce and implementation consultants on hand to offer support and provide value added services.

article thumbnail

Lunar migrates to Visa-owned cloud-native platform Pismo; adopts Wise platform

Finextra

Ken Villlum Klausen, CEO and founder of Lunar, says that the new platform will reduce reliance on legacy technology and enable it to to develop and launch new products leveraging built-in value added services from Visa, such as AI-powered fraud protection and digital-first UX.

article thumbnail

What is a Payment Orchestrator?

Clearly Payments

Payment orchestrators streamline the process of routing transactions to the most appropriate payment providers based on various factors such as cost, success rates, currency, and geographical location. Core Functions of a Payment Orchestrator Here we’ll cover the core functions that drive the core value of payment orchestrators.