Tag : instant payment system

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:......
Bexs Banco and Thunes Partner to Enable Real-Time Payments to Brazil
Digital Payments Fintech News

Bexs Banco and Thunes Partner to Enable Real-Time Payments to Brazil

Fintech News Desk
by Fintech News Desk0
Thunes, a Singapore-headquartered global payments company, today announced a partnership with Brazil’s Bexs Banco (“Bexs”), a pioneer in international digital payments, to help global businesses and customers make real-time payments to Brazil, including payments to Pix, the instant payment system developed by Brazil’s Central Bank. Latest Fintech Insights: CoinShares Announces Free-To-Trade and Savings Plan Agreements In Partnership With S......
EBA CLEARING, SWIFT and The Clearing House Join Forces to Speed up and Enhance Cross-Border Payments
Digital Payments Fintech News

EBA CLEARING, SWIFT and The Clearing House Join Forces to Speed up and Enhance Cross-Border Payments

Fintech News Desk
by Fintech News Desk0
Banks from both sides of the Atlantic have successfully exchanged payment messages for a faster cross-border payment as part of a proof of concept demonstrating the feasibility of synchronizing settlement across existing instant payment systems in one of the world’s largest currency corridors With the support of banks from both......
Dock Acquires Brazilian Banking-as-a-Service Provider BPP, Strengthening Its Position as the Leading Payments and Digital Banking Technology Platform in Latin America
Banking Digital Digital Payments Fintech Mobile Banking News

Dock Acquires Brazilian Banking-as-a-Service Provider BPP, Strengthening Its Position as the Leading Payments and Digital Banking Technology Platform in Latin America

Fintech News Desk
by Fintech News Desk0
The acquisition, subject to the approval of the Central Bank of Brazil, enables Dock to leverage BPP’s direct integrations with the Brazilian interbank systems (SPB and SPI), enhancing its full stack Banking-as-a-Service (BaaS) offering, which includes card issuing, digital accounts, acquiring and more. BPP was the first BaaS provider in......
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