Tagged: real-time payments

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

AccessFintech Extends Partnership With JP Morgan to Launch Real-Time Payment Statuses For The Buy-Side

  UK-based fintech AccessFintech announced on Thursday it has extended its partnership JP Morgan to include real-time transparency to payment statuses and workflow for dividend, income, and cash wire movements. AccessFintech reported that JP Morgan’s existing solution which provides buy-side clients visibility to real-time trade… Read More

London Fintech SatoshiPay Reveals How they’ve Leveraged Blockchain or DLT to Process Real-Time Micropayments for Online Publishers

London-based SatoshiPay, a Fintech firm that aims to provide fast and affordable payment solutions, has revealed that it has reached a key milestone in establishing its blockchain-enabled clearing platform as a “new standard” for cross-border transactions. The SatoshiPay team notes that, as of August 2020,… Read More

US Federal Reserve Is Focused on Launching FedNow for Real-Time Digital Payments and Settlements

The US Federal Reserve, which is the central banking system of the country, has reportedly been working on a new real-time payment and settlement system, called FedNow. Governor Lael Brainard claims that the Fed plans to have FedNow fully operational as soon as possible. Brainard… Read More

Rajashekara Visweswara Maiya: VP and Head of Business Consulting at Finacle Explains How Fintech Firm Helps Businesses with Digital Transformation Processes

Rajashekara Visweswara Maiya, vice president and head of business consulting, cloud and blockchain efforts at Finacle, the developer of a financial software system used by large banks across the globe (serving over 1 billion people), recently shared his views and insights with Crowdfund Insider. Finacle… Read More

MUFG Union Bank Debuts Real-Time Payments for Clients on the RTP Network

MUFG Union Bank N.A. announced on Thursday receipt of real-time payments is available for its corporate, commercial, and retail clients via the RTP network. The RTP network, which is operated by The Clearing House, notably provides instantaneous receipt of payments that increases payment certainty and… Read More

Cross River Announces Plans For RTP Network Real-Time Payment System Implementation

Fintech

Cross River, a bank that delivers advanced financial and compliance products/services to the fintech industry, announced on Thursday it has plans to enhance its real-time payments capabilities for its partners through its application to join the RTP network developed by The Clearing House (TCH). Cross… Read More

Fintech Provider Bottomline Announces New Real-Time Payment Partnership With Starling Bank

Bottomline Technologies (NASDAQ: EPAY), a UK-based fintech, announced on Monday it has formed a new partnership with Starling Bank to launch of its Real Time Payments Express Service. The company reported that the new service will allow banks and corporates to send, receive, and track… Read More

Vocalink Teams Up With Saudi Payments to Introduce Real-Time Payments to Saudi Arabia

International payment systems provider Vocalink, a Mastercard company, announced last week it has partnered with the Saudi Payments, a fully owned subsidiary of the Saudi Arabian Monetary Authority (SAMA), to launch real-time payments in Saudi Arabia. According to Vocalink, the partnership will enable account-to-account payments… Read More

J.P. Morgan Launches SEPA Instant Payments in Europe

J.P. Morgan announced earlier this week it is advancing its real-time payments offering by launching SEPA Instant in Europe. The banking group reported that with this latest offering it is continuing on its mission to drive efficiency and add critical value to our clients’ business…. Read More

Volante Technologies Teams Up With BNY Mellon to Enable Real-Time Payment Processing

Volante Technologies Inc., a global provider of software for the integration, processing and orchestration of payments and financial messages, announced on Monday it is collaborating with BNY Mellon on creating and deploying technology to enable real-time payments in the U.S. and internationally. According to Volante,… Read More

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