This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
European PaymentsInitiative (EPI), the unified digital payment service committed to offering a sovereign digital payment alternative to European consumers, has welcomed five new members in Belgium. “Integrating paymentsolutions such as Wero is a logical next step in our digital evolution.
The European PaymentsInitiative sets up a unified and harmonized pan-European paymentsolution, providing major benefits to both consumers and merchants, says FIME's Arnaud Crouzet.
The two parties to the deal are EPI , the European PaymentsInitiative, and the European Payments Alliance (EuroPA). EPI is the bank-led organisation responsible for building Wero , a unified mobile payments service for Europe.
PPRO , the leading local payments platform, has partnered with European PaymentsInitiative (EPI) to secure Principal Membership of Europes newest payment method, Wero.
interactive investor (ii) has rolled out NatWest’s multi award-winning open banking paymentssolution Payit , to enable their customers to deposit funds onto the investment platform immediately to allow investments to be made. Customers can now use Payit by NatWest to make a payment/a fund deposit online through the ii website and app.
The European Payments Alliance , the initiative aiming to build a pan-European payment service, has taken another step towards achieving its goal, as five firms have agreed to explore a shared cross-border paymentssolution.
Looking to provide data consolidation and paymentinitiation services, PayTabs Group , the MENA based paytech has partnered with open banking firm, Fintech Galaxy. The service will initially be rolled out in the Kingdom of Saudi Arabia and the United Arab Emirates and subsequently expand to other MENA markets.
European PaymentsInitiative (EPI) has announced that five local banks in Luxembourg are joining forces to launch the Wero wallet along with an instant A2A paymentsolution.
Under the new regulations, banks must now allow account information service providers (AISPs) and paymentinitiation service providers (PISPs) access to account information for legal entities after securing their consent. The new amendments are set to bring legal entities in line with the existing open banking framework.
European PaymentsInitiative (EPI) , the European-grown player committed to offering a sovereign payment alternative to all consumers in Europe, announced today the onboarding of 5 local Luxembourg banks as members, now preparing for the launch of the Wero wallet and instant A2A paymentsolution.
SBPS will benefit from access to Nomupay’s single API and gateway-agnostic, single, back office platform, offering a range of payment options and scalability. “Nomupay offers a wide range of services in the payment field in Asia, and can meet flexible and diverse needs. . million) ahead of plans to relocate to India.
Tink, A Visa Solution, the market-leading open banking platform, has announced that 10,000 merchants have now chosen Pay by Bank via its Payment Service Provider (PSP) partnerships. Merchants are recognising the growing consumer demand for alternative paymentsolutions.
SWIFT gpi has transformed high-value cross-border payments, and now we are working to help banks bring the benefits to SMEs and consumers,” said Carlo Palmers, head of paymentssolutions at SWIFT, in a statement. Oracle’s solutions have been SWIFT-compatible for more than a decade.
Five big banks in Belgium have joined the European PaymentsInitiative (EPI) to help spread the word about its Wero digital wallet across Europe. With the Belgian banks EPI Wero collaboration, gives the initiative more energy to provide more European customers with safe and unified payment options.
Without manual entry of sensitive data, users authenticate payments directly from their mobile banking app for a fast, convenient and secure payment experience. Through its Payment Orchestra platform, Fabrick accepts and manages A2A payments for customers across Italy, Spain, France, Portugal, and now the UK.
European PaymentsInitiative (EPI) , a European-grown player committed to offering a sovereign paymentsolution to all consumers on the continent, has announced the launch of its mobile-first wallet and instant account-to-account paymentsolution, wero , for customers of German Sparkassen and Volksbanken, Raiffeisenbanken.
Utilita , the UK-based pay-as-you-go energy supplier, is rolling out ‘Payit’, the open banking paymentssolution from NatWest. This means that Utilita customers can link their bank account and experience one-click payments – without the friction caused by the need for card numbers or One Time Passcodes (OTPs).
A champion of payment choice, Boku supports a global network of localized paymentsolutions, including Direct Carrier Billing (DCB), digital wallets, and account-to-account connections. Local Payment Methods (LPMs) have proliferated around the world over the past decade. Founded in 2008, Boku is headquartered in London.
The Somalian financial ecosystem has taken its next step in the digital world as the Central Bank of Somalia’s (CBS) paymentsinitiative, the Somalia Payment Switch (SPS), has successfully launched the country’s first instant payment system.
In the dynamic landscape of the Asian payments industry, a palpable shift is underway – one characterised by the rapid adoption of digital paymentsolutions. As we navigate the complexities of 2024, it becomes increasingly evident that traditional payment methods are gradually giving way to more digital alternatives.
Salad Money , an online loan provider, is rolling out Payit, the open banking paymentssolution by NatWest , to enable its customers to make loan repayments more easily.
European PaymentsInitiative (EPI) , a a European player committed to offering a sovereign payment alternative to all consumers in the region, today announced the launch of Wero.
While the concept isnt new, the rise of open banking has made A2A payments more accessible and versatile. How A2A payments work A2A transactions are typically categorised as either push or pull payments: Push Payments: Initiated by the payer, similar to a standard bank transfer, often used for one-off purchases.
Sopra Banking Software (SBS), the global financial technology company that more than 1,500 financial institutions rely on to digitally transform the way they operate, today announced the availability of its cloud-based Instant Paymentssolution.
The European Savings and Retail Banking Group (ESBG) has welcomed the announcement by the European PaymentsInitiative (EPI) of its new instant paymentsolution and acquisitions of additional shareholders.
It has been piloted in these countries during the last 9 months and is now seamlessly integrated into around 500 of Worldline’s existing merchants’ online paymentsolutions and pay-by-link services. This launch reinforces our commitment to making paymentsolutions accessible for all.”
Moniepoint , a Nigeria-based fintech offering an all-in-one banking, credit, and cross-border paymentsolution for African businesses and their customers, is on a mission to help businesses and individuals digitise their operations. to provide infrastructure and paymentsolutions for banks and financial institutions.
Group Chief Operating Officer of Affin Bank Berhad, Encik Risham Akashah Bin Kamaruzaman said, “A robust payment infrastructure is a catalyst for innovation and scalable growth. This initiative aligns seamlessly with our AFFIN Axelerate 2028 (AX28) plan strategic pillar of Digital Leadership”.
This move will further accelerate the adoption of contactless payments, enabling innovative paymentsolutions and enhancing the customer experience. . “The recent announcement by Apple to open up its iPhone contactless infrastructure to third-party developers is another game-changer.
Citi has announced that it’s entering into partnerships with Global Payments and PPRO to help with its Spring by Citi payment offering, according to a release. . Global Payments will provide card processing help and PPRO will give access to local payment offerings within its purview.
PayTabs Group , MEASA’s award-winning paymentsolutions powerhouse today announced it has partnered with Open Banking and financial innovation entity, Fintech Galaxy. Our enthusiasm is high as we tap into FINX – Fintech Galaxy’s Open Banking platform, streamlining payouts and delving into POS-based lending.
Wero , the new European paymentsolution developed by the European PaymentInitiative (EPI) will be available to Computop customers from the moment it launches e-commerce payment in mid-2025.
Choosing the Right Payments Partner The success of your integrated paymentinitiatives will hinge largely on the partner you choose to power your merchant services. Industry experience and credibility Payments are complex, regulated, and fast-moving. Heres how to select the best provider. EMV, NFC, etc).
Faster Payments and the Singapore FAST schemes and is also being implemented in the U.S. ACI’s UP Immediate Paymentssolution addresses the end-to-end requirements of financial institutions and payment service providers, enabling them to integrate and manage their entire payments ecosystem through solution configuration. “We
Their partnership will allow financial institutions to offer real-time and same-day ACH payments as a white-labeled solution, reports said. Linked2pay pointed to B2B payments as a particular area that could see positive disruption from faster paymentsinitiatives.
Launching first for clients of Standard Chartered Singapore with more entities to be added to the network in the months ahead, the solution will expand and enhance the Bank’s existing suite of paymentssolutions with a focus on facilitating faster and more cost-effective business-to-business (B2B) transactions across borders.
6), is aimed at helping to service banks in the Nordics with a financial platform that supports future international mobile payment methods. Nets and OT will combine their capabilities to offer an end-to-end mobile paymentsolution, which will include Host Card Emulation (HCE) and tokenization to secure payments. “By
In India, Paytm has revolutionised digital payments. Initially a mobile recharge platform, it has evolved into a comprehensive digital wallet and financial services provider. In Nigeria, Flutterwave has made significant strides in the payment processing space.
A new survey by ACI Worldwide and Ovum found evidence that financial institutions (FIs) are more willing to open up their data via API and are embracing real-time paymentsinitiatives. The percentage of banks that expect real-time payments to increase revenues also increased by 60 percent in the last year, researchers noted.
5) that more than $100 billion has now passed through its mobile corporate payments platform throughout the globe, just five years after the launch of the HSBCnet mobile corporate banking system. In just the last 18 months alone, HSBC said, total transaction volume of mobile paymentsinitiated by corporates has more than doubled.
SlimPay , European provider of recurring paymentssolutions for subscriptions, has obtained PIS / AIS (PaymentInitiation Service / Account Information Service) approval.
Sberbank , Russia’s largest bank, is collaborating on a faster B2B paymentssolution with the financial services unit of Russian search engine Yandex. Sberbank has been working with Yandex for several years to develop a range of solutions.
Three of these included local payment platform, PPRO ; open finance platform, Belvo ; and EBANX , a global technology company specialising in paymentsolutions for emerging markets. Ready from Day 1 Organisations in Brazil were counting down the days to 16 June as they prepared for the launch of Pix Automático.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content