Search Results for: Payment Institution

Global Real-Time Payments Growth “Sustainable” As New Use Cases Push Transactions to Record Highs – ACI Worldwide Report
Finance Fintech News

Global Real-Time Payments Growth “Sustainable” As New Use Cases Push Transactions to Record Highs – ACI Worldwide Report

Business Wire
by Business Wire0
266.2 billion real-time payments transactions were recorded globally in 2023, a YoY growth of 42.2% 49% of all real-time transactions worldwide were made in India, followed by Brazil (14%), Thailand (8%), China (7%) and South Korea (3%) Report highlights lessons learned from five of the world’s most successful real-time payments......
InvoiceCloud Empowers Billers with Granular Deposit Control: New Online Bank Direct Enhancement Separates Payments by Invoice Type
Banking Fintech News

InvoiceCloud Empowers Billers with Granular Deposit Control: New Online Bank Direct Enhancement Separates Payments by Invoice Type

Business Wire
by Business Wire0
InvoiceCloud, a leading solution for digital bill payment services, today announced a significant enhancement to its Online Bank Direct (OBD) solution, enabling billers to automatically separate payments based on the paid invoice type, simplifying deposits for their customers. This revolutionary feature streamlines cash application and reconciliation processes, leading to faster......
Veritran connects with Swift to enhance user experience and increase transparency in cross-border payments
Finance Fintech News

Veritran connects with Swift to enhance user experience and increase transparency in cross-border payments

PR Newswire
by PR Newswire0
The collaboration aims to address demands from users, retail, SMEs and large corporations. Synergy enhances speed and transparency by streamlining financial operations. Veritran announces a collaboration with Swift, the world’s leading provider of financial messaging services, that will enable financial institutions to offer an enhanced and streamlined cross-border payments experience......
Talino, Chemonics Invest in Startup Higala, the Philippines’ Pioneering Inclusive Instant Payment System
Digital Payments News

Talino, Chemonics Invest in Startup Higala, the Philippines’ Pioneering Inclusive Instant Payment System

PR Newswire
by PR Newswire0
Talino Venture Studios, an award-winning global venture studio for sustainable innovation, and Chemonics International, a leading sustainable development firm, have launched and seed-funded Higala, the pioneer startup Inclusive Instant Payment System (IIPS) in the Philippines. As an IIPS, Higala will serve as a financial superhighway that will connect thrift banks, rural banks, and microfinance institutions that are currently excluded from payment networks because of high switching and on-ramp costs. Despite the presence of 400 rural banks in the Philippines, only a mere 18 are part of InstaPay. This highlights a significant challenge:......
Visa Joins AWS Partner Network to Help Simplify Global Digital Payments
Digital Payments News

Visa Joins AWS Partner Network to Help Simplify Global Digital Payments

Business Wire
by Business Wire0
Visa to streamline access to select services via the AWS partner network for its cloud-native fintech, financial institution, and enterprise clients Visa, a world leader in global digital payments, announced it has joined the AWS Partner Network (APN), a global community that leverages AWS technologies, programs, expertise, and tools to......
Nium Expands Regional Footprint in Asia; Signs Partnership MOU with Indonesian Payments Infrastructure Leader, Artajasa
Finance Fintech News

Nium Expands Regional Footprint in Asia; Signs Partnership MOU with Indonesian Payments Infrastructure Leader, Artajasa

PR Newswire
by PR Newswire0
Global payments expansion in Indonesia; adds to recent successes in Korea and Thailand Nium, the global leader in real-time cross-border payments, today announced it will sign a partnership Memorandum of Understanding (MOU) with Artajasa, one of Indonesia’s leading payment infrastructure companies. Artajasa operates the switching services banks and fintechs use to facilitate fast,......
TNS-Launches-Complete-Commerce---an-End-to-End-Payments-Solutions-Stack
Digital Payments Fintech News

TNS Launches Complete Commerce – an End-to-End Payments Solutions Stack

Business Wire
by Business Wire0
Complete Commerce is supported by the latest security standards across payments and network connectivity including PCI DSS certification, PCI P2PE validation, and PCI PTS v6.x devices. Transaction Network Services (TNS), a global leader in payments infrastructure and managed connectivity services, has launched Complete Commerce – a full-stack, modern and secure......
ACI-Worldwide-and-Arab-Financial-Services-To-Drive-Payments-Modernization-for-Banks-and-Merchants-in-the-Middle-East
Finance Fintech News

ACI Worldwide and Arab Financial Services To Drive Payments Modernization for Banks and Merchants in the Middle East

Business Wire
by Business Wire0
With this strategic partnership, AFS will utilize ACI Enterprise Payments Platform, a single transaction processing platform for all payment types, backed by cutting-edge security, flexible cloud-ready technology, and multi-language, multi-currency, multi-institution capabilities to drive the retail banking modernization for its banking and fintech customers. ACI Worldwide , a global leader......
FICO Survey Indonesian Focus on Identity Theft Persists Amidst Escalating Real-Time Payment Risks
Finance Fintech News

FICO Survey: Indonesian Focus on Identity Theft Persists Amidst Escalating Real-Time Payment Risks

Business Wire
by Business Wire0
The study reveals that identity theft (36%) remains the predominant worry among Indonesians, exposing individuals to various risks, including financial loss, compromised credit scores, and the arduous process of restoring financial integrity. Highlights Identity theft worries persist, with 36% of Indonesians fearing fraudsters opening accounts A noticeable gap exists, as......
Gen-Z-Driving-Shift-Toward-Digital-Tax-Payments,-According-to-New-Report-From-ACI-Worldwide
Digital Payments Finance Fintech News

Gen Z Driving Shift Toward Digital Tax Payments, According to New Report From ACI Worldwide

Business Wire
by Business Wire0
This year’s ACI-commissioned YouGov report found that Gen Z is less likely than all other demographics to pay taxes via electronic fund withdrawals from checking or savings accounts (17%). Unlike Baby Boomers, Gen Xers and even Millennials, Gen Z respondents preferred alternative payment methods (10%) and credit cards (17%). A......
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