Two-Thirds Of Merchants Say Limited Local Payment Methods Is The Biggest Payments Challenge They Face
- 1 week 3 days ago
- Payments
Nearly two-thirds (64%) of payments partners have identified the limited local payment methods and operational and technical failures as the biggest challenges facing merchants. This is according to new data from SPAYZ.io, a global provider of advanced payment technologies, which uncovers the challenges merchants are currently facing in the payments space.
Airwallex Brings Nordic Currencies To Issuing Customers, Further Expanding European Reach
- 1 week 3 days ago
- Payments
Airwallex, a leading global financial platform for modern businesses, today announced the launch of Nordic currencies for its issuing customers, a key milestone that further enhances customer experience across Europe and marks the company’s first step into the Nordic region.
Hifi Taps Sumsub To Supercharge Global Compliance For Cross-Border Payments And Stablecoin Infrastructure
- 1 week 3 days ago
- Payments
Sumsub, a global leader in identity verification and compliance, today announced that Hifi, the programmable payments and stablecoin infrastructure built for the next chapter of the money movement, has adopted its solutions. Hifi now uses Sumsub for identity checks, business verification, fraud prevention, and AML screening. The collaboration helps HiFi’s clients onboard instantly, stay compliant seamlessly, and scale confidently.
Oracle Achieves Swift Compatible Application For Payments 2025
- 1 week 4 days ago
- Payments
Oracle Financial Services today announced that Oracle Banking Payments has been validated as a Swift Compatible Application. With this achievement, financial institutions can feel confident in leveraging Oracle's solutions to help meet Swift standards for payment security, interoperability, and regulatory compliance, while benefitting from modern, AI-enabled payment messaging processing.
Solaris Selects ACI Connetic To Future-Proof Payments Infrastructure
- 1 week 4 days ago
- Payments
ACI Worldwide, an original innovator in global payments technology, today announced that Solaris SE, Europe’s leading embedded finance platform, has selected ACI Connetic to consolidate all SEPA instant payments onto
Banks’ Payments Projects Stall Amid Expertise Gaps
- 1 week 4 days ago
- Payments
New research from RedCompass Labs, the global experts in payments modernization, reveals that two-thirds (67%) of US banks are struggling to keep up with the rapid changes in the payments industry. Over half (54%) have scaled down or delayed a payments project due to a lack of payments expertise. Almost half (43%) say delayed projects are causing payments outages.
Tickmill Partners With Mashreq Bank To Launch New Local Payment Method In The UAE
- 1 week 4 days ago
- Payments
Tickmill, a leading global provider of financial services, is pleased to announce the launch of a new local payment method in partnership with Mashreq Bank, one of the UAE’s most trusted financial institutions. This initiative reinforces Tickmill’s commitment to providing clients with secure, efficient, and convenient funding solutions tailored to their needs.
Finastra Unveils Intelligent Routing Module At Sibos 2025
- 1 week 4 days ago
- Payments
Finastra, a global leader in financial services software, today announced its Intelligent Routing Module at Sibos 2025. The new solution brings intelligent, data-driven payment routing to banks and financial institutions, enabling them to process transactions faster, at lower cost, and with upwards of 95% straight-through processing rate, driving better outcomes for both banks and their customers.
Thunes Empowers Banks To Deliver Faster Cross-Border Payments To Bank Accounts Via Existing Swift Connectivity
- 1 week 4 days ago
- Payments
Thunes, the Smart Superhighway to move money around the world, is transforming the cross-border payment experience by offering its Pay-to-Banks solution to financial institutions through their Swift connectivity. The new solution enables the 11,000 banks within the Swift network to connect to Thunes’ Direct Global Network with no additional integration required, providing faster business and consumer payouts to 4 billion bank accounts.
U.S. Faster Payments Council Publishes New Guidelines For Instant Payment Sending Capabilities
- 2 weeks 9 hours ago
- Payments
The U.S. Faster Payments Council (FPC), a membership organization devoted to advancing safe, easy-to-use faster payments in the United States, today announced the release of its latest industry resource, Operational Considerations for Instant Payments Send-Side Guidelines.
PublicSquare To Launch Crypto Treasury As A Service To Its Robust Merchant Ecosystem
- 2 weeks 10 hours ago
- Cryptocurrencies
PSQ Holdings, Inc. proudly announced today a groundbreaking partnership with IDX Advisors to launch cryptocurrency Treasury as a Service (“TaaS”) for businesses across the PublicSquare ecosystem. By combining PublicSquare’s significant distribution power with IDX’s industry-leading crypto technology, this collaboration empowers merchants to seamlessly integrate cryptocurrencies and stablecoins into their operations, while unlocking custody,... more
Klarna Card Passes 1 Million US Sign-Ups In 11 Weeks
- 2 weeks 11 hours ago
- Payments
Klarna, the global digital bank and payments provider, today announced that over a million Americans have signed up to its debit-first Klarna Card in just 11 weeks, showing that today's shopper demands payments options that are simple, transparent, and on their terms.
DBS And Franklin Templeton To Launch Trading And Lending Solutions Powered By Tokenised Money Market Funds And Ripple’s RLUSD Stablecoin
- 2 weeks 11 hours ago
- Cryptocurrencies
DBS, Franklin Templeton and Ripple are partnering to provide accredited and institutional investors with innovative trading and lending solutions, powered by tokenised money market funds[1] on the XRP ledger blockchain and stablecoins such as Ripple USD (RLUSD).
Citi And Dandelion Collaborate To Transform Cross-Border Payments, Enabling Full Value, Near-Instant Payments Into Digital Wallets Across The Globe
- 2 weeks 13 hours ago
- Payments
Today, Citi and Dandelion, a Euronet Worldwide, Inc. company, announced a collaboration to enhance cross-border payments, powered by the integration of Citi’s cross-border payments solution WorldLink® Payment Services and Dandelion’s expansive digital wallet network. The collaboration empowers Citi’s institutional clients to deliver near-instant, full-value payments into digital wallets across the globe, with near 24/7 availability.