Tagged: real-time payments

Mastercard Enhances Support of Latin America Real-Time Payments with Acquisition of Arcus

Mastercard (NYSE: MA) announces that it has acquired Arcus FI, an alum of the firm’s Start Path program, in order to help support the delivery of bill pay solutions and “other real-time payment applications across Latin America.” As mentioned in the announcement: “With offices in… Read More

Zelle and Fiserv Introduce Program to Bring Real-Time P2P Payments to Minority Depository Institutions

Early Warning Services, LLC, the network operator behind Zelle, and Fiserv, Inc. (NASDAQ: FISV), an international provider of payments and financial services tech, in partnership with financial institutions, “empower minority and underserved communities to access real-time payments through Zelle.” The two organizations are each providing… Read More

ACI Worldwide, a Real-Time Payments and Virtual Payment Software Provider, Receives Approval for its Learning Tech

ACI Worldwide (NASDAQ: ACIW), an international provider of real-time payments and virtual payment software solutions, has revealed that the patent for its incremental learning tech  – an innovative approach to machine learning – received “full” approval. Incremental learning tech is a key part of ACI… Read More

Real Time or Instant B2B Payments Are Being Offered, but Service Needs Improvements: Report

The team at Banking Circle, an established payments service provider, has looked into how collaboration can “speed up the real-time payments revolution for corporates.” As noted in a blog post by Banking Circle: “For retail customers, instant payments have come to be expected, but in… Read More

Gr4vy, a Cloud-Native Payments Platforms, Teams Up with Banked and GoCardless

Gr4vy, a cloud-powered payments platform, reveals that it has formed two new partnerships focused on providing consumers flexible ways to pay with a bank account while empowering merchants in the process. The new partnerships, currently integrated into Gr4vy’s Cloud-enabled payment orchestration platform (POP), are with… Read More

Real Time Payment Capability at Mid-Tier Banks Primed For Growth: Survey

Volante Technologies, a provider cloud payments and financial messaging, has revealed findings from its payments modernization survey aimed at mid-tier banks and credit unions in the U.S. with assets between $2.5 billion and $25 billion. The results show real-time payments connections are expected to triple… Read More

PayPal Payment Options to be Offered by ACI Worldwide, a Real-Time Virtual Payment Software Provider

ACI Worldwide (NASDAQ: ACIW), an international provider of real-time virtual payment software and related services, reveals that it will be working with PayPal in order to bring online wallet payment options to ACI’s biller customers including Monroe County Water Authority (MCWA). PayPal and Venmo will… Read More

Global Payments Fintech Thunes Partners ABA Bank to Help Cambodians Send Money Back Home

Thunes, a global payments network, has teamed up with ABA Bank so that they can enable Cambodians overseas to send funds back home “quicker and cheaper from around the world.” As noted in a release shared with CI: “Previously, customers making international money transfers to… Read More

Real-time Payments Becoming Widely Adopted across Southeast Asia, with Consumers Preferring Digital Transactions: Survey

Real-time payments are becoming increasingly common as cash as a payment solution or method for consumers in Southeast Asia, according to research from ACI Worldwide (NASDAQ: ACIW) and YouGov. Three out of five or around 60% of consumers residing in Indonesia, Malaysia, Thailand and Singapore… Read More

Jessica DiRubio: Chief Revenue Officer at AppBrilliance Says Future of Payments will be Open, Innovative, Secure

We recently caught up with Jessica DiRubio, the Chief Revenue Officer and Head of Partnerships at AppBrilliance, an Austin-based payments technology firm. AppBrilliance aims to power and support true, real-time non-custodial Open Payments and Banking services in the United States. The company enables businesses to… Read More

Canada’s Clik2pay, a Near Real-Time Bill Payments Service, to use Interac e-Transfer, Provided via Peoples Trust Co.

Canada’s Clik2pay, a near-real-time bill payments service, was recently introduced during the Payments Canada SUMMIT, together on stage with the nation’s leading businesses. Leveraging the Interac e-Transfer service and provided via the Peoples Trust Company, which is part of the People’s Group, the new Clik2pay… Read More

Indian Fintech Razorpay Explains how its Instant Settlements Helps SMEs Quickly Access Working Capital

Indian neobank Razorpay notes in a blog post that we are living in a world with “ever-increasing” consumer expectations and “endless options” to choose from these days. The Razorpay team points out that competition among businesses has been increasing over the years. This has helped… Read More

Real-Time Virtual Payments Provider ACI Worldwide Extends Partnership with Kuwait’s National Digital Banking Firm

ACI Worldwide (NASDAQ: ACIW), a multinational provider of real-time virtual payment solutions, reveals that it has expanded its working relationship with KNET, which is Kuwait’s national digital banking firm. Through the expanded partnership, ACI Worldwide and KNET will introduce several innovative virtual payment services in… Read More

Digital Banking Group TAB Bank Joins Forces With Volante Technologies to Provide Real-Time Payments Over the RTP Network

  TAB Bank, a full-service digital bank that services SME customers based in the U.S., announced on Wednesday it has teamed up with cloud payments and financial messaging provider Volante Technology to help provide real-time payments over the RTP network to its digital customer base.  Through… Read More

Moving Money in 2021 Should be Like Sending an E-mail – Instant, According to Nick Catino from Cross-Border Payments Fintech Wise

Nick Catino, who is responsible for Policy, Campaigns, and Regulatory Strategy at Wise (formerly TransferWise), notes that payments are the part of finance that consumers experience “most on a day-to-day basis.” Catino also mentioned that there are certain important initiatives that will help “ensure the… Read More

Cloud enabled ClearBank to Offer Access to the UK’s Faster Payments Network, Allowing Payments to be Settled within Minutes

Cloud-based clearing bank ClearBank will be offering access to the United Kingdom’s Faster Payments network, allowing payments that would normally take three working days to be settled within minutes. Cloud-powered ClearBank will be teaming up with Manchester Credit Union in order to streamline digital payment… Read More

Scotiabank Now Offering Real-Time Payments For All Business Banking Customers By Using Flexible Routing Options

  Canadian banking group Scotiabank announced on Wednesday it is offering real-time payments for all business banking customers using flexible routing options like an account number or email address, using Interac e-Transfer for Business. According to Scotiabank, transactions are processed in real-time, with confirmation of… Read More

Monetary Authority of Singapore Announces that Non-Bank Financial Institutitions May Access Retail Payments Infrastructure

The Monetary Authority of Singapore (MAS), the nation’s reserve bank and financial regulator, has revealed that eligible non-bank financial institutions (NFIs) will be able to gain direct access to the banking system’s retail payments infrastructure starting from February of next year. NFIs that are authorized to… Read More

Texas-based Fintech AppBrilliance, which Offers Payments and Money Movement Software, Secures $3 Million in Seed Funding

    Texas-based Fintech firm AppBrilliance, which offers an open payment platform, has acquired more than $3 million through a seed funding round that was joined by Studio VC. Headquartered in Austin, AppBrilliance aims to disrupt the $4 trillion payment processing sector by offering non-custodial… Read More

UK Mobile-Enabled Installment Credit Card Tymit Joins Forces With Modulr to Bring Customers Real-Time Payments Access

Tymit, a UK-based mobile-enabled installment credit card, announced on Tuesday it has partnered with Modulr, a payments-as-a-service API platform, to bring real-time payments to Tymit cardholders. The service gives customers access to take control of their finances and plan the way they pay. Founded in… Read More

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