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BNY Sends Largest Instant Payment in U.S. History, $10 Million, Following Transaction Limit Increase

A new era of real-time, higher-value payments has begun. Today, The Clearing House and The Bank of New York Mellon Corporation  announced the successful completion of the largest instant payment in U.S. history and the first-ever payment on the RTP® network exceeding $1 million, following the recent increase in the network’s transaction limit.

Monday, February 10, 2025 - 15:15
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/news/payments/bny-sends-largest-instant-payment-us-history-10-million-following-transaction-limit
Financial IT
Kroll Expands Private Capital Markets Platform, Enhances Private Credit Analysis

Kroll, the leading independent provider of global financ

Monday, February 10, 2025 - 14:59
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/news/infrastructure/kroll-expands-private-capital-markets-platform-enhances-private-credit-analysis
Financial IT
Youverse Joins the WE BUILD Project to Advance the EU Digital Identity Wallet

Youverse is proud to announce its participation in the WE BUILD project, a major European  initiative selected by the European Commission to participate in the second round of large  scale pilots for the EU Digital Identity Wallet.

Monday, February 10, 2025 - 14:56
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/news/digital-identity/youverse-joins-we-build-project-advance-eu-digital-identity-wallet
Financial IT
Payd Secures USD 400,000 Seed Extension Funding to Transform Employee Financial Well-Being in Southeast Asia

Payd, a leading Malaysian fintech company specializing in Earned Wage Access (EWA) solutions, has successfully raised a USD 400,000 Seed Extension round from A2D Ventures, Orbit Startups, and AngelSpark. This investment will accelerate Payd’s mission to enhance the financial well-being of employees across Southeast Asia. 

Empowering Employees with Financial Flexibility 

Monday, February 10, 2025 - 11:08
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/news/fundraising-news/payd-secures-usd-400000-seed-extension-funding-transform-employee-financial
Financial IT
finova Launches New Mobile-First Onboarding App for Savers

finova, the UK's largest cloud-based mortgage and savings software provider, has today announced the launch of its new mobile-first onboarding app for savers, expanding its suite of products available for lenders and savings providers.

Monday, February 10, 2025 - 10:23
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/news/personal-finance/finova-launches-new-mobile-first-onboarding-app-savers
Financial IT
Conferma and WEX Simplify B2B Payments for Concur® Invoice Customers

Leading virtual payments provider Conferma has partnered with global commerce platform WEX to enable Concur® Invoice customers to dramatically reduce costs and control their B2B payments spend. 

Monday, February 10, 2025 - 10:19
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/news/payments/conferma-and-wex-simplify-b2b-payments-concurr-invoice-customers
Financial IT
Finastra Simplifies Trade Finance With AI-Powered Assistant Using Microsoft Azure OpenAI Service

Finastra today announced the launch of Assist.AI, an AI-powered assistant designed to enhance the trade finance operations within its Trade Innovation solution. The tool, built on architecture powered by Microsoft Azure OpenAI Service, bridges the knowledge gap in the trade finance industry, providing users with instant, accurate, and context-aware assistance.

Monday, February 10, 2025 - 10:15
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/news/trading-systems/finastra-simplifies-trade-finance-ai-powered-assistant-using-microsoft-azure
Financial IT
Trustly and Kivra Set a New Standard for Seamless Digital Payments in Sweden

Kivra and Trustly have developed a new generation of Autogiro, making automatic payments easier than ever. The service allows users to register direct debit with a simple BankID confirmation, lowering the barriers to sign-up. For businesses, the solution can drive more on-time payments, reduce administrative workload, and enhance the customer experience.

Monday, February 10, 2025 - 09:43
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/news/payments/trustly-and-kivra-set-new-standard-seamless-digital-payments-sweden
Financial IT
Trust Bank and TerraPay Launch First-of-Its-Kind International Payment Solution for Bangladeshi Students Going Abroad to Study

Trust Bank, a leading private commercial bank in Bangladesh and TerraPay, a global money movement company have partnered to offer an innovative payment solution for all students in Bangladesh. This first-of-its-kind initiative, it’s an alternative to the traditional payment system, reshaping how Bangladeshi students pay tuition fees and manage living expenses while studying abroad.

Monday, February 10, 2025 - 09:41
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/news/payments/trust-bank-and-terrapay-launch-first-its-kind-international-payment-solution
Financial IT
NCR Atleos Honored With ATMIA Outstanding Service Award

NCR Atleos Corporation, a leader in expanding self-service financial access for financial institutions, retailers and consumers, today announced that it has received the ATM Industry Association (ATMIA) Outstanding Service Award.

Monday, February 10, 2025 - 07:52
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/news/atms/ncr-atleos-honored-atmia-outstanding-service-award
Financial IT

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