The Fintech Times

SEPTEMBER 12, 2024

Leveraging Mastercard’s technology, NymCard will expand its portfolio by becoming a Remittance-as-a-Service provider, ensuring that end users benefit from efficient and seamless international remittances.

Visa 64

Visa Cross-Border Cross-Border Payments Financial Inclusion 64

PYMNTS

JULY 15, 2020

It features two-day early paydays, mobile wallet capabilities, funding options, near real-time transaction alerts and advanced cybersecurity, the company said in a Wednesday (July 15) press release. RoarMoney promises faster access to customer funds and secure contactless payment options.

Mobile Banking 70

Mobile Banking Identity Theft Contactless Payments Visa 70

The Fintech Times

JUNE 27, 2024

“We are pleased to join forces with DBS Bank to broaden our network, providing secure and seamless cross-border remittance services to meet the needs of the expanding expatriate community in the UAE,” said Kartik Taneja, head of payments and consumer lending at Mashreq.

Cross-Border Payments 59

Cross-Border Payments Cross-Border Payment APIs and Integration Near Real-Time 59

Segpay

SEPTEMBER 24, 2024

This is offered by banks and payment service providers (PSPs) in partnership with payment networks or intermediaries. Pay by bank transactions are less than card transactions and can offer faster settlements due to real-time or near real-time settlements. Processing fees are also lower.

Accounts 105

Accounts Online and Mobile Banking Payments Authentication 105

Tearsheet

JANUARY 9, 2025

Some of the new approaches are proving effective in tackling this challenge: Faster payment networks (like FedNow) are making their way to the main scene, offering near real-time, card-like experiences for B2B payments. Therefore, a gateway that supports both card and bank transfers is critical, he notes.

Embedded Payments 59

Embedded Payments B2C B2B Payment APIs and Integration 59

Fintech News

MAY 7, 2024

While consumers and merchants experience a simple Tap and Pay solution, numerous critical processes and transactions occur behind the scenes in near-real-time, allowing for complete seamlessness. Consumers pay with their crypto, but merchants receive fiat money, exactly like a typical credit card transaction.

Payment APIs and Integration 128

Payment APIs and Integration Non-Bank Finance FinTech 128

PYMNTS

APRIL 2, 2020

With cash flow constraints dominating the headlines, financial service providers are introducing a slew of new products and services to help small businesses strengthen their financial standings amid the coronavirus crisis. Brex Offers Work-From-Home Rewards.

Commercial Card 65

Commercial Card Small Business Debit Card Credit Cards 65

Fintech Finance

MAY 16, 2024

The partnership will integrate Salesforce’s Financial Services Cloud (FSC) with Mastercard’s dispute resolution services, providing a powerful one-stop-shop for intake, managing disputes, reporting and preventing chargebacks.

Disputes 52

Disputes Visa Transactions CRM 52

Finovate

FEBRUARY 22, 2024

Specifically, the company plans to launch new banking-as-a-service features for merchants and has plans to unveil a FedNow offering in the U.S. that will enable businesses to send and receive FDIC-insured payments in near-real-time. government’s real time payment service, launched last July.

Instant Payments 52

Instant Payments FedNow FDIC Gateways 52

PYMNTS

AUGUST 7, 2020

The Fed is defining instant payments as a subset of payments in which an end user receives funds in near real time, with immediate interbank settlement of the payment also having occurred. The most recent details on FedNow come roughly a year after the central bank announced its plans to build and operate real-time rails.

Fed 75

Fed Instant Payments FedNow Interbank Settlement 75

PYMNTS

JANUARY 11, 2021

At the same time, 61 cities had Ultra service available, and another 12 cities were offering 5G home service. In a statement coinciding with its participation in the virtual version of this year’s Consumer Electronics Show (CES), Verizon said it ended 2020 with regular 5G available in 2,700 cities serving 230 million people.

Near Real-Time 56

Near Real-Time Gateways Technology Participant 56

PYMNTS

JANUARY 17, 2017

The scheme offers real-time credits for payments made online, via mobile device and over the phone, when payments are valued at about $300,000 or less — making it a main player in P2P and SME payments. Last week, Faster Payments aimed to ease the friction associated with getting financial service providers on board with the scheme.

Faster Payments 43

Faster Payments ISO 8583 ISO 20022 Message Standards 43

PYMNTS

JULY 10, 2019

As Canada continues on its path toward near real-time payments by 2020, the country is looking at other markets’ experiences — which increasingly include applications for corporate transactions. Faster Payments. Bank-FinTech Collaboration.

B2B 62

B2B Payment APIs and Integration Faster Payments Reconciliation 62

PYMNTS

DECEMBER 13, 2018

Turner noted that FinTechs that are able to wield data-sharing opportunities can then automate the aggregation and normalization of financial data across platforms automatically, enabling financial controllers and other executives to obtain their cash positions in near real-time. In the U.S.,

Treasury Management 62

Treasury Management Treasury Payment APIs and Integration API 62

Fintech Finance

MARCH 8, 2024

Jersey based Fintech , EWG , launches revolutionary – Lightspeed API – the fast-start route to embedded cross-border payments and FX for Fiduciary, Corporate and Fund Services. Many of our clients are dealing in high value, and often high volume, cross-border payments.

Cross-Border Payments 52

Cross-Border Payments Cross-Border Payment APIs and Integration FinTech 52

PYMNTS

NOVEMBER 13, 2019

as service providers old and new introduce more options for consumer and business payers to move money quickly and, in some cases, instantly. However, real-time payments (RTP) have a long way to ubiquity, and while each payment rail has its advantages, each also has drawbacks that could stifle efforts for near-universal adoption.

Real Time Payments 51

Real Time Payments Faster Payments Federal Reserve RTP 51

PYMNTS

AUGUST 1, 2019

The third type is parallel system interoperability, wherein service providers act as intermediaries between merchants and card networks. A store that accepts both Mastercard and American Express could provide identical payment experiences for both cards, despite the fact that each uses different rails.

Cross-Border Payments 43

Cross-Border Payments Cross-Border Interoperability Electronic Funds Transfer (EFT) 43

PYMNTS

MARCH 16, 2018

TMS providers have great platforms, and we have a great position in risk management as it relates to FX.”. OANDA recently announced an upgrade to its Exchange Rates API, which enables updates to FX rates in near real time, along with other features designed for developers in need of a foreign exchange data flow for their own solutions.

Treasury 53

Treasury Payment APIs and Integration API Treasury Management 53

PYMNTS

MARCH 14, 2017

“In this hyper-competitive space with many new entrants and high consumer expectations, you have to be able to make decisions a lot faster,” said Gary Liu, VP of marketing at retail enterprise software-as-a-service provider Boomerang Commerce.

Point-of-Sale (POS) 42

Point-of-Sale (POS) Near Real-Time CRM Technology 42

PYMNTS

DECEMBER 19, 2018

It has been around since the process was dominated by paper documentation, and featured a relatively high level of guesswork — gut feeling, perhaps — on the part of merchants and payments service providers (PSPs). Maybe the technology tosses out a 10 percent discount offering, delivered to the consumer’s mobile device.

Consumer 43

Consumer Issuers Transactions Near Real-Time 43

PYMNTS

JANUARY 6, 2020

As new payment networks and rails emerge, though, including the Federal Reserve’s FedNow service, small banks must onboard these services to remain competitive.

Community Banks 49

Community Banks Faster Payments Federal Reserve Small Business 49

PYMNTS

APRIL 20, 2018

Artificial intelligence, he continued, is able to offer predictions and problem-solving for CPOs in near-real time. CPOs and their procurement teams still have to manually assess the next action to take, which takes up a lot of manual hours, said Dubey.

AI 41

AI Risk Mitigation Near Real-Time Compliance 41

Segpay

JUNE 25, 2024

It is offered by banks and Payment Service Providers (PSPs) in partnership with payment networks or intermediaries, and it is prevalent in Europe. Faster Settlement : Pay by Bank transactions often offer real-time or near-real-time settlement.

Online and Mobile Banking 52

Online and Mobile Banking Payments Settlement Transactions 52

PYMNTS

SEPTEMBER 26, 2019

Gradually, real-world applications are launching, and service providers have begun testing their new solutions. Further, the infrastructure removes the need for an intermediary, resulting in an overall more seamless process that can land cash where it needs to be in near real-time (if conducted within the operating window).

Blockchain 61

Blockchain Cross-Border Cross-Border Payments Liquidity Management 61

PYMNTS

MAY 21, 2018

These marketplaces are highly valued by these workers because they provide leads in near real time. Unfortunately, fewer than half — 46 percent — of these gig workers said they were very or extremely satisfied with the services provided by those digital marketplaces.

Digital Payments 45

Digital Payments Direct Deposit Payments Economy 45

The Payments Association

FEBRUARY 17, 2025

Better fraud detection: With better data, payment service providers can implement more sophisticated fraud detection algorithms. This enhances their ability to identify and prevent fraudulent transactions, protecting both the provider and their clients. It is also a key feature of Tax Administration 3.0

Fraud Detection 88

Fraud Detection Payments Compliance XML 88

The Payments Association

MARCH 20, 2025

and UK Finance have led the development of the Enhanced Fraud Data (EFD) system which enables payment service providers to share detailed data with the authorities about criminal activity in real-time. For example, Pay.UK

Financial Crimes 88

Financial Crimes Crime Best Practices Deepfake 88