ACI Worldwide Study Reveals Real-Time Payments to Boost Global GDP by $285.8 Billion, Create 167 Million New Bank Account Holders by 2028
- 8 months 1 week ago
- Payments
Real-time payments are forecast to generate $285.8 billion of additional global GDP growth and create more than 167 million new bank account holders by 2028, according to a new report published by ACI Worldwide, an original innovator in global payments technology, in collaboration with The Centre for Economics and Business Research (Cebr).
Thunes Enables Banks to Unlock Mobile Wallet Payments via Their Existing Swift Connectivity
- 8 months 1 week ago
- Payments
Thunes, the Smart Superhighway to move money around the world, today announced its proprietary Direct Global Network now provides banks with access to over 3 billion mobile wallets around the world via their existing Swift connectivity.
Mastercard Transforms Cross-Border Payments for Banks With Industry-First Innovation
- 8 months 1 week ago
- Payments
Mastercard introduced a new product innovation, Mastercard Move Commercial Payments, that will enable banks to facilitate near real-time, predictable and transparent commercial cross-border payments.
Fime Launches Industry’s First EMV® C-8 Contactless Kernel Testing Services
- 8 months 2 weeks ago
- Payments
Fime is proud to announce that it is the first to offer testing services in line with the EMV®* C-8 Contactless Kernel Specification**. This new approach is set to significantly streamline the development, testing and launch of new contactless payment terminals for vendors, merchants and solution providers.
PayMate Unveils Business Payments App at SDEC 2024 to Empower Malaysian SMEs to Maximize Working Capital
- 8 months 2 weeks ago
- Payments
PayMate, a leading digital B2B payments platform, launched its innovative Business Payments App at Selangor Smart City & Digital Economy Conference (SDEC) 2024 SDEC 2024, a key event organized by the Selangor Information Technology & Digital Economy Corporation (Sidec). This partnership highlights PayMate’s collaboration with SIDEC, a subsidiary of Invest Selangor Berhad, to support Malaysian SMEs in optimizing working capital and... more
BRI Partners with Nium to Expand Real-Time Cross-Border Payment Solutions
- 8 months 2 weeks ago
- Payments
More People Than Ever Choose Zelle with Nearly Half a Trillion Dollars Sent in First Half of 2024
- 8 months 2 weeks ago
- Money Transfers
Early Warning Services, LLC., the network operator of Zelle®, today announced that in the first half of 2024 the person-to-person payments network reached 143 million enrolled users and helped consumers and small businesses move nearly half a trillion dollars -- $481 billion, up 28% year-over-year. Transaction volume on Zelle increased by 27% year-over-year to over 1.7 billion transactions sent by individuals and small businesses across the... more
Cash App Pay Integrates with Lyft for Seamless Payments
- 8 months 2 weeks ago
- Payments
Starting today, Cash App and Lyft are partnering to give digital-first consumers more flexibility when taking a ride. This partnership puts the convenience and accessibility of paying with Cash App Pay front and center, focusing on the preferences of the next generation of customers.
FinMont and Payválida Partner to Strengthen Global E-Commerce Payments
- 8 months 2 weeks ago
- Payments
FinMont, the global payment orchestration platform and Payválida have announced an exciting new partnership aimed at enhancing the payments landscape for e-commerce across the travel industry. This collaboration presents a unique opportunity to offer alternative payment methods (APMs) through the FinMont ecosystem, providing merchants with more efficient, streamlined payment processes.
BPC and Arkwright Consulting Report Reveals that Challenger Processors Are Growing at Four Times the Rate of the Overall Card Processing Market
- 8 months 2 weeks ago
- Payments
BPC, a global leader in payment solutions, has released a comprehensive report in collaboration with Arkwright Consulting, detailing the evolution of the card processing market, the ecosystem involved in facilitating and managing card-based transactions, such as credit, debit, and prepaid card payments
Klarna Payment Options Now Available at Checkout on Apple Pay In-App and Online
- 8 months 2 weeks ago
- Payments
Klarna, the AI-powered global payments network and shopping assistant, is now available to users checking out on Apple Pay online and in apps with iPhone and iPad on iOS 18 and iPadOS 18 or later. Starting today, eligible Apple Pay users in the U.S. and UK will have access to Klarna’s flexible payment offerings, including pay later in three or four installments with no interest or over longer periods with APRs starting at 0%. The global... more
Fils and eeasy Join Forces for Sustainable Payments in Middle East & Africa
- 8 months 2 weeks ago
- Payments
Fils, the global leader in enterprise-level sustainability infrastructure, has entered the African market, with a strategic partnership with eeasy, a digital payments technology company operating in Middle East & Africa with a focus on Egypt, to empower its clients in facilitating climate action, offering consumers the option to offset carbon emissions with every transaction.
Paymentology Launches Report on the Future of Cross-Border Money Movement in Collaboration with Fincog
- 8 months 2 weeks ago
- Payments
Paymentology, the leading global issuer processor, today announces the launch of its latest industry report, The Remittance Revolution: How to Win in Cross-Border Money Movement, developed in collaboration with renowned financial consultancy Fincog.
Gen Z Leads the Rewards Revolution, Finds ZBD Payments Study
- 8 months 2 weeks ago
- Payments
The ZBD Gen Z Payments Study, based on a survey of over 2,000 18 to 27 year olds in the US and UK, sheds fresh light on what this vitally important generation wants from its interactions with payments, banking and fintech providers. The deep-dive exploration of what shapes Gen Z’s payment behavior reveals that a staggering 86% of Gen Z believe that cashback and loyalty rewards are an important part of making a purchase, and 99% say financial... more
Broadridge Launches Instant Payments Service, Aligned with New EU Regulations
- 8 months 2 weeks ago
- Payments
Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader, today announced the launch of its highly resilient and scalable managed service for connectivity, message processing and workflow management for instant payments. The Broadridge service supports real-time money transfers, operating 24/7/365, with transaction processing times of under 10 seconds from payer to beneficiary.
