article thumbnail

SWIFT To Create New Cross-Border Real-Time Rails

PYMNTS

SWIFT , a global provider of secure financial messaging services, announced Wednesday (Sept. Over the next two years, the Belgium-based cooperative said the initiative will provide transaction management services. The new approach promises to create new value-added services to support business growth.

article thumbnail

Computop Makes Wero Available for Merchants

Fintech Finance

Wero , the new European payment solution developed by the European Payment Initiative (EPI) will be available to Computop customers from the moment it launches e-commerce payment in mid-2025. Over time, additional value-added services like integration of merchant loyalty programs and BNPL will be integrated.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

From open banking to open finance and beyond: The future of financial data-sharing

The Payments Association

Carlos Albo Wenalyze The evolution of open banking to open finance Open finance is fundamentally restructuring the financial services landscapeexpanding data-sharing from payments into credit, investments, insurance, and pensions.

Finance 88
article thumbnail

FedNow’s Montgomery: Gearing Up For 2023-24 — And Instant Payments Competition

PYMNTS

There is no dearth of faster payments initiatives — and no certainty that there will be one faster payments scheme to rule them all. FinTechs are interested in providing value-added services to FIs — and can conceivably connect their offerings to the FedNow platform via participating depository institutions.

article thumbnail

Visa’s $5.3B FinTech Play, Wrapped In Plaid

PYMNTS

On a conference call with investors following the announcement, Visa CEO Al Kelly said that “Plaid opens up new market opportunities by significantly expanding Visa’s network capabilities,” adding that Plaid provides “a terrific platform for extending” Visa’s integrated payment solutions and value-added services.

FinTech 63
article thumbnail

Time For B2B Payments To Get Standardized, Says Nordea

PYMNTS

And according to Nordea analysts, three trends will have the most immediate impact on the evolving shape of corporate banking: real-time domestic payments, cross-border payments initiatives likes SWIFT’s gpi and APIs that enable open banking.

article thumbnail

Essential Guide to ISV Integrated Payments: Benefits and Best Practices

Stax

That opens the door to revenue streams like: Payment processing fees Earn a share of every transaction processed through your platform. Subscription upgrades Unlock premium features tied to payment tools that drive more value for users. All of these can help you grow your bottom line without adding new customers.

ISVS 88