Search Results for: payment processing

Banking Digital Payments Featured Fintech

Building Resilient Fintech Systems for High-Volume, Low-Latency Payments Processing

Prajakta Ayade
FinTech systems are at the forefront of transforming the way payments are processed. With the increasing demand for instant and seamless financial transactions, building resilient FinTech systems capable of handling high-volume, low-latency payment processing has become a critical requirement. To achieve this, several key factors must be considered, including system......
Lakeside Bank Adds Real-Time Payments and Enhances Swift Processing With Volante Technologies
Digital Payments Fintech News

Lakeside Bank Adds Real-Time Payments and Enhances Swift Processing With Volante Technologies

PR Newswire
Community bank modernizes payments services with Volante’s Payments as a Service (PaaS) for SWIFT cross-border, RTP real-time, and FedNow instant payments Volante Technologies, the global leader in Payments as a Service (PaaS), announced that Lakeside Bank, a leading community bank with over $2.64 billion in assets that specializes in serving mid-sized and larger......
Finastra Boosts Its Payments Processing Strategy With Fed Certification for ISO 20022
Digital Payments News

Finastra Boosts Its Payments Processing Strategy With Fed Certification for ISO 20022

PR Newswire
Finastra is among the first in the industry to complete testing and certification for multiple solutions, enabling and supporting compliance readiness for its financial institutions’ customers Finastra, a global provider of financial software applications and marketplaces, announced it has completed testing and certification through the Federal Reserve for ISO 20022,......
Esker Partners with Boost Payment Solutions to Revolutionize Virtual Card Processing
B2B Digital Payments News

Esker Partners with Boost Payment Solutions to Revolutionize Virtual Card Processing

Business Wire
New partnership to fully automate virtual card processing for accounts receivable departments Esker, a global cloud platform and leader in AI-driven process automation solutions for Finance, Procurement and Customer Service functions, announced it has partnered with Boost Payment Solutions, an innovative leader in optimizing the use and acceptance of commercial cards in the......
Colibri Payments Announces a Huge Price Drop for Cryptocurrency Transaction Processing
Cryptocurrency News

Colibri Payments Announces a Huge Price Drop for Cryptocurrency Transaction Processing

GlobeNewswire
In a time-limited promotion, a significant cryptocurrency payments processor, Colibri, will cut its fees to only 0.2% Colibri Payments, a significant payment industry player, has taken a giant leap towards improving the user experience by drastically lowering cryptocurrency processing fees. The fees have been reduced to an unbelievable 0.2% as......
Swift’s Cross-border Payments Processing Speed Surpasses G20 Target
Digital Payments News

Swift’s Cross-border Payments Processing Speed Surpasses G20 Target

PR Newswire
Fast in-flight processing and greater transparency reflects strong focus on helping industry meet G20 targets with strategy focused on instant, frictionless end-to-end payments  Swift announced strong progress toward goals set by the G20 for enhancing cross-border payments, reporting that 89% of transactions processed on its network reach recipient banks within......
CFPB Takes Action Against ACI Worldwide for Illegally Processing $2.3 Billion in Mortgage Payments that Homeowners Did Not Authorize
Consumer protection laws Digital Payments News

CFPB Takes Action Against ACI for Illegally Processing $2.3 Billion in Mortgage Payments that Homeowners Did Not Authorize

Fintech News Desk
ACI will pay a $25 million penalty for data handling practices that negatively impacted nearly 500,000 homeowners whose mortgages were serviced by Mr. Cooper The Consumer Financial Protection Bureau (CFPB) issued an order against ACI Worldwide and one of its subsidiaries, ACI Payments, for improperly initiating approximately $2.3 billion in......
Volante Technologies Unveils Embedded Preprocessing Forging the Fastest Path to Banking Payments Innovation
Banking Digital Payments News

Volante Technologies Unveils Embedded Preprocessing Forging the Fastest Path to Banking Payments Innovation

PR Newswire
New solution enables banks to adapt swiftly, build loyalty, and grow their payments business while enriching their customer service Volante Technologies, the global leader in cloud payments and financial messaging, announced the general availability of Volante Embedded Preprocessing, its latest solution to helps banks validate, transform and route payments messages......
Central Payments Extends Processing Services Relationship with Galileo Financial Technologies
Digital Payments News

Central Payments Extends Processing Services Relationship with Galileo Financial Technologies

Business Wire
Long-term Contract Extension Ensures Payments Capabilities for Embedded Finance and Fintechs Central Payments, architect of the award-winning Open*CP Fintech API Marketplace and ‘REAL’ Banking-as-a-Service (BaaS) provider, announces a long-term processing services renewal with Galileo Financial Technologies, LLC, a leading financial technology company owned and operated independently by SoFi Technologies, The extended agreement ensures......
Lunchbox Launches OPEN Payments, Giving Processing Ownership Back to Point Of Sale Systems
Digital Payments News

Lunchbox Launches OPEN Payments, Giving Processing Ownership Back to Point Of Sale Systems

PR Newswire
Lunchbox differentiates themselves from Olo, launching an OPEN Payments ecosystem for POS and integration partners, allowing operators to own their processing operations from end-to-end Lunchbox, the enterprise online ordering system that’s platformed national and regional QSR brands such as Papa Gino’s, Clean Juice, Wings Over and Walk-On’s Sports Bistreaux, has announced the launch of OPEN......
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