Tagged: real-time payments

November 27, 2023 @ 7:36 am By Omar Faridi  |  

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

November 8, 2023 @ 8:11 am By Omar Faridi  |  

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

October 22, 2023 @ 6:42 pm By Omar Faridi  |  

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

October 22, 2023 @ 1:28 pm By Omar Faridi  |  

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

September 25, 2023 @ 3:35 pm By Omar Faridi  |  

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

September 20, 2023 @ 9:59 pm By Omar Faridi  |  

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

September 17, 2023 @ 6:12 pm By Omar Faridi  |  

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

September 8, 2023 @ 4:41 pm By Omar Faridi  |  

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

September 4, 2023 @ 10:09 am By Omar Faridi  |  

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

August 22, 2023 @ 9:12 pm By Omar Faridi  |  

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

August 19, 2023 @ 3:40 pm By Tony Zerucha  |  

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

August 3, 2023 @ 9:25 pm By Omar Faridi  |  

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

July 26, 2023 @ 8:43 pm By Omar Faridi  |  

  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

July 23, 2023 @ 5:33 pm By Omar Faridi  |  

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

July 19, 2023 @ 9:29 pm By Omar Faridi  |  

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

June 30, 2023 @ 11:30 am By Omar Faridi  |  

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

June 14, 2023 @ 12:22 pm By Omar Faridi  |  

ForwardAI, a fintech providing aggregated direct data access to accounting and ERP platforms, today announced the launch of Forwardly, the first of its kind real-time payment (RTP) enabled cash flow management tool “for small and medium sized businesses in North America.” Forwardly was designed “to… Read More

June 5, 2023 @ 10:38 pm By Omar Faridi  |  

Nium, the firm focused on real-time global payments, has enhanced its market-leading payroll payments solution to support the complex needs of payroll platforms worldwide. Nium’s payroll solution “simplifies global growth for a majority of payroll platforms, including Panther, a provider of global employment, payroll, benefits,… Read More

May 26, 2023 @ 4:22 pm By Omar Faridi  |  

ACI Worldwide (NASDAQ: ACIW), which claims to be a global leader in mission-critical, real-time payments software, announced a collaboration with Red Hat OpenShift, the industry’s leading enterprise Kubernetes platform, to enable financial institutions and payment providers to utilize ACI solutions on the platform. The collaboration… Read More

May 25, 2023 @ 12:12 pm By Omar Faridi  |  

Payment orchestration provider BR-DGE has announced today its latest partnership with global real-time payments gateway Volt to support merchants countering payment fraud. Through a single point of integration, BR-DGE’s merchants can “access a world of payment providers, fraud capabilities, and alternative payment methods.” This new… Read More