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

Fintech Finance

As the artificial intelligence revolution reshapes industries at an unprecedented pace, AIsa announces the launch of its revolutionary payment infrastructure tailored to the unique needs of the AI economy. Programmable Payments: Smart contract integration for automated transactions. Cost Barrier: High fees (2.9% + $0.30

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Tietoevry Banking integrates Visa Direct to its Payment Hub

Fintech Finance

Tietoevry Banking today announced the integration of Visa B2B Connect, a Visa Direct offering, into its Tietoevry Payment Hub. For decades, cross-border payments between businesses have been fraught with obstacles and many of these problems have been getting worse.

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Viamericas Launches Open Payment Network in the Philippines

Fintech Finance

Viamericas , a leading provider of remittance and international money transfer services, has launched its open payment network in the Philippines. Financial institutions, payment service providers, and fintech companies can connect to the open payment network through Viamericas’ API.

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Nium Verify Launched to Combat US$118.5 Billion Payment Failure Problem

Fintech News

Global payments infrastructure provider Nium has launched Nium Verify, a real-time bank account verification service available in 50 markets. This helps to reduce payment failures, operational inefficiencies, and compliance risks in cross-border payments. With payment failures costing the global economy an estimated US$118.5

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Strategic agreement between EPI and EuroPA: building a unified European digital payments network

Finextra

EuroPA is an alliance of national digital payment champions – 𝗕𝗮𝗻𝗰𝗼𝗺𝗮𝘁(Italy), 𝗕𝗶𝘇𝘂𝗺 (Spain), 𝗠𝗕 𝗪𝗔𝗬 (Portugal), 𝗕𝗹𝗶𝗸 (Poland), 𝗜𝗥𝗜𝗦 (Greece), and 𝗩𝗶𝗽𝗽𝘀 𝗠𝗼𝗯𝗶𝗹𝗲𝗣𝗮𝘆 (Nordics). Wero enables instant, account-to-account (A2A) payments without relying on traditional card networks.

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6 Asian Companies Recognized Among the World’s Most Promising in Cross-Border Payments

Fintech News

FXC Intelligence, a data platform specializing in the cross-border payment and e-commerce sectors, has released its annual selection of the world’s most promising cross-border payments companies in 2024. One of Singapore’s entries is Partior. million Series A funding round led by Sequoia Capital Southeast Asia.

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Why staying put is no longer the safe option for payments innovation

The Payments Association

Legacy systems are increasingly unreliable, expensive to maintain, and resistant to modern payment innovations. Integration headaches: Open Banking, APIs, and AI-driven automation often require costly, unreliable workarounds. But as the financial landscape evolves, that mindset is in danger of proving very costly.