ABN AMRO Goes Live with Temenos Payments in Hong Kong
- 5 years 8 months ago
- Payments
Temenos (SIX: TEMN), the banking software company, today announced that ABN AMRO has gone live with Temenos Payments in Hong Kong as part of its global strategy to rapidly rollout state-of-the-art payments capabilities in new markets. Temenos Payments provides a single, global platform that enables ABN AMRO to quickly expand and onboard new countries. The bank also significantly improves straight through processing (STP) rates through advanced... more
Wells Fargo Launches Ability to Send Payments on the RTP® Network
- 5 years 8 months ago
- Payments
Wells Fargo announced that its corporate customers can now send real-time payments through the RTP® network via an application programming interface (API), enabling the immediate movement of money and expanding the bank’s faster payments offerings. Wells Fargo previously rolled out capabilities for both retail and wholesale customers to receive payments over the RTP network at the end of 2018.
Globitex equips for SCA with Salt Edge Authenticator app
- 5 years 8 months ago
- Open Banking, Payments
Digital finance platform Globitex has partnered with Salt Edge, a leader in offering open banking solutions, to ensure that its EURO Wallet customers benefit from a secure environment for payments.
ACH Alert and Apiture Partner to Offer Powerful Payments Technology, Fraud Prevention Services
- 5 years 8 months ago
- Payments, Fraud Detection
ACH Alert, an award-winning provider of electronic payments fraud prevention technology for financial institutions of all sizes, and Apiture, a leading digital banking provider, have entered into a strategic partnership to offer ACH Alert’s patented fraud detection services to Apiture’s more than 450 customers.
ACI Worldwide to Deliver Universal Payments Technology Via Microsoft Azure
ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time
EMVCo Enhances Industry Engagement Programme
- 5 years 8 months ago
- Payments
EMVCo has reaffirmed its commitment to industry engagement with the launch of an enhanced EMVCo Associates Programme (EAP), increasing the number of organisations that are eligible to provide strategic input and further encouraging merchant involvement.
nexo standards Welcomes First Member from India
- 5 years 8 months ago
- Payments
Payment solution provider, Girmiti Software, is today announced as the latest company to join the membership base of industry association, nexo standards, becoming the first in the association’s global expansion to join from India.
Financial literacy fintech PCKT Money chooses Nets for card processing
- 5 years 8 months ago
- Payments
European payments leader, Nets, today announces it is delivering issuer card processing and API services to The PCKT Money Corporation. The five year contract will enable PCKT Money Corporation to realise its growth ambitions in Europe. PCKT Money helps children and adolescents to understand the value of money, and the meaning of spending, saving and investing, through an innovative app and debit card. The card comes in various designs to appeal... more
Taking the strain of PSD2 off banks: equensWorldline bank clients successfully obtained exemption from the fall-back mechanism for XS2A dedicated interface
- 5 years 8 months ago
- Payments
equensWorldline, a subsidiary of Worldline, the European market leader in payments and transactional services industry, is proud to announce that the company has successfully supported several banks in obtaining exemption from the fall-back mechanism required under PSD2. These include Credit Europe Bank N.V., Banque de Neuflize OBC, Banque CPH and vdk Bank.
Icon Solutions revealed:Only 9% of the world’s top tier banks are effectively monetising payments data
- 5 years 8 months ago
- Payments
Icon Solutions, the leading provider of technology solutions and payments expertise, today revealed that only 9% of the world’s top tier banks are effectively monetising payments data.
Nium to power cross-border payments for Brazil’s leading currency broker Frente
- 5 years 8 months ago
- Payments
Nium, the recently-rebranded (formerly, InstaReM) digital cross-border payments platform for consumers, enterprises and financial institutions, will now power cross-border payments for Frente Corretora de Câmbio, a leading foreign exchange broker in Brazil - known for its personalized and high-quality experience in financial and exchange advice. This is a significant move for Nium in its expansion plans into the Latin America.
Payments fintech Modulr COO discusses Pay.UK's decision to decline the fraud levy
- 5 years 8 months ago
- Payments
Martin Threakall, Chief Operating Officer of Modulr, commenting on Pay.UK’s decision to decline the fraud levy: “While consumer protection is of paramount importance, we believe a more collaborative and inclusive industry approach must be taken rather than a blanket fraud levy.
Wirecard to offer interest rates via its payment and banking app boon Planet in 2020
- 5 years 8 months ago
- Digital Identity, Payments
Following a successful launch, Wirecard is adding further attractive features to its boon Planet digital payment and banking solution: boon Planet current account holders will receive interest of around 0.75% from the beginning of 2020 – a rate that comparable solutions do not offer. Throughout the year, the offering will be expanded to include further investment options. Users no longer have to leave the app to manage their everyday finances.
Preparing For 2020: The Impact of the Cloud on B2B Payments
- 5 years 8 months ago
- Payments
By 2020, US business to business (B2B) payments are expected to reach $23.1 trillion according to Deloitte. This is driven by cloud technology, which is accelerating the digital transformation of the payments industry, providing customers with a myriad of convenient payment methods. This shift is occurring because consumers need instant and on-demand access to everything. As incumbent banks have inconsistently delivered in the first instance,... more
Demand For Cash Remains Strong Despite Proliferation of Alternative Payment Methods
- 5 years 8 months ago
- Payments
ATM cash withdrawals will continue to increase in most countries After many years of growth, the total number of ATM cash withdrawals worldwide dropped by 3% to 95 billion in 2018, and is forecast to continue falling, according to RBR’s Global ATM Market and Forecasts to 2024 study. This global view masks how use of cash is evolving in many countries, however, with cash withdrawal levels expected to rise in over half of the 63 major markets... more
