Tagged: real-time payments

Fintech COMO Chooses SAP Fioneer’s Cloud for Banking to Support Real-Time Payments

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COMO, an international automated paytech, has chosen SAP Fioneer’s Cloud for Banking (C4B) application. This partnership will “allow COMO’s customers immediate access to rich core banking functionality, while enabling real-time payment transactions and reducing costs by up to 60% for corporates.” The C4B system and… Read More

Real-Time Payments “Evolution” Underway as APAC Seeks Growth Frontiers: Report

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Asia-Pacific is getting ready for the next phase of its real-time payments journey as the region’s key service providers look for new growth opportunities and prepare “to enter the next stage of their real-time payments development.” This, according to the third edition of Prime Time… Read More

Payments Canada Chooses TCS as Integration Lead for Real-Time Rail, a Real-Time Payment System

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Payments Canada has announced the selection of Tata Consultancy Services (TCS) (BSE: 532540) (NSE: TCS), a global IT services, consulting and business solutions organization, “as the integration lead for Canada’s real-time payment system, the Real-Time Rail (RTR).” TCS will help plan and orchestrate activities “with… Read More

U.S. Bank, Driveway Support Payments Instantly to Online Automobile Sellers

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U.S. Bank and Driveway have collaborated to pay car sellers “immediately” with real-time payments, making Driveway one of the first online car dealerships “to pay customers over the RTP network.” Clients selling a car on Driveway.com may now have the payment deposited “instantly” into their… Read More

Visa Canada, DoorDash Support Real-Time Digital Payments via Fintech Stripe

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Visa (NYSE: V) has announced a new offering with DoorDash, a “last-mile” logistics platform, in order to help enable faster payouts “to eligible Dashers across Canada.” The latest feature, called DoorDash Fast Pay, is “facilitated by Stripe’s Instant Payouts product, made available through Stripe’s financial… Read More

Payments in the Future: IDC InfoBrief Commissioned by Episode Six Looks at 2023 and Beyond

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It’s no secret the process of how we pay for goods and services is changing before our eyes and the latest IDC InfoBrief commissioned by Episode Six speculates on what the future will look like. In 2030 they expect 74 per cent of global consumer… Read More

Instant Transactions, Real-Time Notifications are Vital to Trusted Payments Process, Modulr Survey Reveals

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The team at UK Fintech Modulr has done some research in order to find out what “makes paying passengers leave, and what makes them come back.” As noted in a blog post by Modulr, digital transformation has “been on the collective agenda for years.” It’s… Read More

Stephany Kirkpatrick from Orum Shares Vision for Frictionless Financial System Established on Real-Time Payment Channels

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Orum’s founder and CEO, Stephany Kirkpatrick, has shared her vision for a “frictionless” financial future built on “seamless” real-time payments. Stephany Kirkpatrick notes that building a firm or business from the ground up is “unlike anything else you’ll do in your life.” As Orum’s founder… Read More

ACI Worldwide Introduces Network Intelligence Tech to Tackle Real-Time Payments Fraud

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ACI Worldwide, an international provider of real-time payments and virtual payment software services, has introduced its Network Intelligence Technology as a key part of ACI Fraud Management. The tech allows banking institutions, processors, acquirers, and networks to complement fraud prevention strategies by enabling them to… Read More

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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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.

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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

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