Tagged: real-time payments

Real-Time International Payments: Ebury and Fintech Nium to Enable Remittance Service in Brazil

Ebury, one of the largest fintech companies specializing in transactions for SMEs, announced its partnership expansion with Nium, the enabler of real-time global payments, to deliver a groundbreaking global remittance service in Brazil. The announcement follows regulatory “approval of Ebury’s acquisition of Brazilian fintech Bexs,… Read More

Nium, the Enabler of Real-Time Payments, Obtains In Principle Approval from RBI for Payment Licences

Nium, the enabler of real-time global payments, announces it has received in principle approval from the Reserve Bank of India for two payment licenses – the Prepaid Payment Instrument (PPI) License and the Payment Aggregator (PA) License. The two licenses will allow the global payments… Read More

Mastercard and The Clearing House (TCH) Enter Extended Partnership, Will Support Real-Time Payments

Mastercard (NYSE: MA) and The Clearing House (TCH) have announced an extended multi-year partnership, bringing the companies together to collaborate on innovative capabilities for consumers, businesses and governments “to evolve and embrace the digital economy through real-time payments (RTP) adoption on the RTP network.” The… Read More

Real-Time Payments Fintech Volt Teams Up with Embedded Sustainability Firm ekko

Volt, the global real-time payments platform, has recently announced its partnership with embedded sustainability fintech, ekko. The collaboration enables consumers and retailers “to support the removal of plastic bottles from the ocean at checkout, which are then tracked in real time to measure the environmental… Read More

UK’s Real-Time Payments Fintech Volt to Expand Operations into Australian Markets

Volt, the global real-time payments platform, announces its expansion into Australia following a period of sustained growth for the UK-headquartered fintech company. Following Volt’s $60m funding round earlier this year, this development “marks the latest step in its ambitious growth plans to meet market demand… Read More

Real-Time Payments Fintech Volt Welcomes Matt Henderson as Special Advisor

Volt, the global real-time payments platform, recently announced that Matt Henderson, former CEO of Stripe Europe, ex-Google, ex-Amazon, has now “joined as a Special Advisor to the Board.” Henderson reportedly joins Volt at a critical inflection point “for the company, following the successful completion of… Read More

Real-Time Payments Fintech Nium Expands B2B Travel Offering in Asia Pacific

Nium, the real-time global payments provider, has expanded its B2B travel payments offering in the Asia Pacific (APAC) region, “building on rising demand for its virtual card solution offering globally.” Travel intermediaries and operators use Nium’s virtual card solution “to efficiently pay suppliers around the… Read More

Real-Time Payments Adoption: Majority of Firms to Utilize RTP in Coming Years, Survey Reveals

The 2023 AFP Real-time Payments Survey, conducted by the Association for Financial Professionals (AFP), found that corporates plan “to drastically increase their use of real-time payments in the next five years to benefit from lower transaction costs, improved transparency into the payment process, increased efficiency,… Read More

Fintech Plaid Says that Businesses Now Expect Instant Payments and FedNow May Help Address these Requirements

Every company that moves money is keeping a close eye on FedNow, the team at Plaid notes in a blog post. Plaid explains that firms expect instant payments for every use case, but the reality is “that the market isn’t quite there yet.” However, there… Read More

Real-Time Payments Technology: ACI Worldwide, Microsoft to Support Instant Transfers

ACI Worldwide (NASDAQ: ACIW), a global firm focused on mission-critical, real-time payments software, announced a collaboration with Microsoft in order “to help financial institutions and technical services enable instant payments transactions faster through ACI’s Real-Time Payments Cloud (RTPC) platform.” Hosted in the Microsoft Azure environment,… Read More

Real-Time Payments Adoption Survey Released by BNY Mellon, Datos Insights

BNY Mellon (NYSE: BK), in collaboration with Datos Insights, released a report examining the ongoing growth of real-time payments as a result of increasing demand from consumers for faster payment options. The report finds that a focus on faster payment rails “represents a significant market… Read More

Real-Time Payments Milestone: RTP Network Surpasses 1M Transactions on a Single Day

The RTP Network, the instant payments system operated by The Clearing House that is available to all insured depository financial institutions in the United States, surpassed the one million daily payment milestone “on September 1 as more financial institutions and their customers realize the benefits… Read More

Bridget Hall of ACI Worldwide: Fintech Executive Comments on Development of Cross-Border Payments Solutions, FedNow

As more countries implement real-time payments rails (including the U.S. in July with FedNow), the next big frontier in the industry is the race to develop the best real-time cross-border payments solutions. ACI Worldwide (NASDAQ: ACIW), a global provider of real-time payments solutions, can speak… Read More

Fintech Nium, ICC Ask Cricket Enthusiasts, Technologists to Participate in Innovation-focused Initiative

The International Cricket Council (ICC), together with official fintech infrastructure partner and real-time global payments platform, Nium, invited all cricket-loving technologists to enhance the world of cricket through innovation as part of the second edition of the Next In hackathon. The “Next In” hackathon is… Read More

DataVisor Unveils Instant Payment Fraud Solution

DataVisor, an AI-powered fraud and risk platform, this week released its instant payments fraud prevention solution. Real-Time Payments Fraud Solution leverages account life-cycle signals, advanced machine learning techniques and prebuilt rules for real-time payments fraud scenarios. It allows financial institutions safely access instant payment technologies… Read More

Fintech Firm Nium Announces 2022 Net Revenue Grew 2.7x YoY to $82M

Nium, which claims to be the leader in real-time global payments, has published its 2022 audit, “showing US$82M in net revenue which grew 2.7x YoY and ended at more than $100M net revenue run rate.” Nium says it is Singapore’s first global Fintech “focused on… Read More

Travis Everett of the National Merchants Association: Industry Veteran Shares Perspective on Implementation of FedNow

  Travis Everett, Chief Operating Officer (COO) of National Merchants Association (NMA), has shared key insights with Crowdfund Insider on FedNow, the new instant payments and transfer service offered by the US Federal Reserve. The new service became operational this past week, with 35 financial… Read More

Payment Automation Fintech Primer, Volt to Enable Instant Bank Payments

Primer, the payments automation platform offering the infrastructure for effortless commerce experiences, today announces its new partnership with Volt, the company building the global infrastructure for real-time payments, “enabling access to instant bank payments to Primer’s customers.” The tough economic climate in the UK, “driven… Read More

Real-Time Payments: Iliad’s Test Platform Simulates Elements of RTP Network from The Clearing House

Iliad Solutions has announced the launch of a new test solution which will reduce costs and make it simpler to develop and deploy systems to operate with the RTP network, the real-time payments system from The Clearing House. The solution is pre-configured “to virtualize all… Read More

ForwardAI, an Aggregated Direct Data Access Provider to Accounting and ERP Platforms, Announces Product Update

ForwardAI, a fintech providing aggregated direct data access to accounting and ERP platforms, announced the launch of the Forwardly Partner Program, which offers rewards to accountants, bookkeepers and financial professionals who refer business to Forwardly, the first real-time payments solution for small businesses in the… Read More

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