Tagged: sepa

Hamburg Commercial Bank Transfers SEPA Processing to Broadridge’s BPO Payments Service

Hamburg Commercial Bank (HCOB) has completed the transformation of its SEPA (Single Euro Payments Area) payments business to a cloud-based, next-gen platform run by  global Fintech provider Broadridge Financial Solutions, Inc. (NYSE:BR). The transition was “made to Broadridge‘s Payments as a Service and BPO operation… Read More

Wirex Adds SEPA Payments, Plans Plaid Roll-Out

Wirex, a payments and crypto service, has added SEPA (Single Euro Payments Area) Instant and Faster Payments for UK and EEA customers to transfer British Pounds and Euros between their Wirex and bank accounts. Wirex has partnered with digital payment infrastructure provider, Modulr, to introduce… Read More

Impel Introduces SWIFT, SEPA Alternative via XDC Network

Impel and the XDC Network (XinFin) recently announced the launch of Impel, an alternative solutions platform for quickly and securely “sending ISO 20022-compliant financial messages.” It includes the option “to add $XDC as collateral for instant settlement and a bridge to the R3 Corda platform… Read More

Payments Platform Modulr Offers SEPA Instant for Real Time Transactions

Dutch Fintech Modulr has launched its real-time Euro payments service, based on the real-time pan European SEPA Instant scheme. The Single Euro Payments Area (SEPA) allows customers to make cashless Euro payments to anywhere in the EU, as well as a number of non-EU countries… Read More

TrustPay Introduces Sepa Instant Payments

TrustPay, a European provider of acquiring services and online payments solutions, has reportedly introduced Single Euro Payments Area (Sepa) instant payments – Euro transactions processed within a few seconds, regardless of time and day of the week it may be. The launch should  offer TrustPay’s… Read More

UK Fintech Modulr to Bring Fast-Tracked Financial Technology to Europe with Netherlands Expansion

Fintech firm Modulr has now opened business offices in the Netherlands, which will serve as “the springboard for its EU-wide expansion in 2022 and 2023.” Following steady business growth in the United Kingdom during the last 5 years, Modulr is expanding rapidly, putting significant investment… Read More

European Online Lender October Explains How Repayments are Handled Via its Platform

European online lender October explains that they aim to effectively connect borrowers and lenders. Lenders are able to invest their savings “usefully” and “profitably” in order to facilitate the funding of the “real economy” while companies or businesses “find new, simple and effective sources of… Read More

Open Banking Payments Platform Token and BNP Paribas to Support Financial Transactions with SEPA, PSD2 APIs

Open Banking payments platform, Token, and BNP Paribas (EPA: BNP), a French international banking group that’s ranked as the 8th largest bank in the world in terms of total assets (appr. €2 trillion), have introduced an online payments service which aims to leverage the power… Read More

Digital Banks will Evolve into “Full-Bundle Offerings,” Significantly Increasing their Value Proposition: Report

Financial service providers and regulators are increasingly focusing on enabling and supporting instant payments, according to Juniper Research. The researchers note that the EU’s Single Euro Payments Area (SEPA) has “brought down settlement times significantly,” with the SEPA Instant Credit Transfer Scheme helping to reduce… Read More

API-first Banking as a Service Provider OpenPayd Enables SEPA Digital Payment Scheme for Fintech Service Providers

OpenPayd, an established API-based banking-as-a-service (BaaS) provider, has upgraded its payments functionality and capabilities by enabling direct access to the SEPA (Single Euro Payments Area) payment scheme. The integration will allow OpenPayd’s business clients, which mainly includes online or digital marketplaces, merchant acquirers and other… 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

Finnish P2P Lending Platform Fellow Finance Opens For European Investors

Fellow Finance announced this week that it is now open for investors with a bank account within European Union (EU) or Single Euro Payments Area (SEPA). Fellow Finance is an online marketplace for high-performing unsecured consumer loans. For investors Fellow Finance offers a possibility to… Read More

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