BNY Sends Largest Instant Payment in U.S. History, $10 Million, Following Transaction Limit Increase
- 7 hours 49 min ago
- Payments
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.
Conferma and WEX Simplify B2B Payments for Concur® Invoice Customers
- 12 hours 34 min ago
- Payments
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.
Trustly and Kivra Set a New Standard for Seamless Digital Payments in Sweden
- 13 hours 4 min ago
- Payments
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.
Trust Bank and TerraPay Launch First-of-Its-Kind International Payment Solution for Bangladeshi Students Going Abroad to Study
- 14 hours 44 min ago
- Payments
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.
NCR Atleos Honored With ATMIA Outstanding Service Award
- 14 hours 59 min ago
- ATMs
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.
ADIB Becomes the First Islamic Bank to Adopt SWIFT’s Alliance Cloud Platform
- 3 days 7 hours ago
- Payments
Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has become the first Islamic bank globally to have migrated to cloud-native architecture using ZERO footprint topology and the first bank in the UAE/GCC to successfully implement Swift’s Alliance Cloud platform. This collaboration will enable ADIB to further upgrade its financial messaging capabilities and leverage advanced technology to deliver secure, efficient, and... more
LuLu Exchange Partners With Fintech Galaxy to Enable A2A Payments in Bahrain
- 3 days 7 hours ago
- Payments
LuLu Exchange, one of GCC’s biggest names in cross-border payments, has announced a partnership with Fintech Galaxy, a leader in Open Banking and financial innovation, in Bahrain. The partnership will see LuLu Exchange leverage Fintech Galaxy’s Open Banking Solutions to make cross-border payments faster and more convenient in Bahrain. Fintech Galaxy, a leader in Open Banking and financial innovation, is licensed by the Central Bank of Bahrain to... more
Vantage Bank Chooses Finzly to Modernize Payment Operations Through Unified Payment Hub
- 3 days 9 hours ago
- Payments
Finzly, a leader in innovative payment and financial solutions, today announced that Vantage Bank will modernize and consolidate its payment processing infrastructure using Finzly's end-to-end payment hub. The implementation will enable Vantage Bank to meet evolving customer demands while strengthening its core payment capabilities through a fully ISO 20022 native platform.
Trustly and Spreedly Partner to Accelerate Pay by Bank via Open Payments Platform
- 3 days 11 hours ago
- Payments
Trustly, the global leader in Pay by Bank, today announced a partnership with Spreedly, the world’s leading Open Payments Platform. Together, Trustly and Spreedly will provide merchants with full-service access to Pay by Bank to drive improved conversion rates and optimize payment efficiency across expanded regional and global markets.
Pomelo Launches First-Ever Rewards Program for International Money Transfer
- 3 days 11 hours ago
- Money Transfers
Pomelo, the first company to combine consumer credit with international money transfer, has released Pomelo Points, the industry's first points program for sending money overseas.
NCR Atleos’ Cashzone Network Expands Into Italy, Enabling Convenient Access to Cash
- 4 days 6 hours ago
- ATMs
NCR Atleos Corporation, a leader in expanding self-service financial access for financial institutions, retailers and consumers, today announced that it has expanded its ATM network, under the Cashzone brand, into Italy, providing easy access to cash for both residents and tourists. Atleos is the world’s largest independent ATM operator. This marks the thirteenth country worldwide in which Atleos has an ATM network presence.
Monite Introduces iFrame to Simplify AP/AR Adoption for B2Bs Globally, Driving a Data-Driven Shift in the Industry
- 4 days 9 hours ago
- Payments
Monite, the API-first embedded workflows pioneer, introduces its lightning-fast iFrame solution. With Monite's iFrame, SMB platforms can bypass lengthy development cycles and deliver core financial features to their clients within 2 hours, gaining a competitive edge in the rapidly evolving market.
Yuno Brings Mastercard Payment Passkey Service to LatAm Merchants
- 4 days 10 hours ago
- Payments
Yuno, the leading global payments orchestrator, announces it is launching Mastercard Payment Passkey Service across Latin America, enabling merchants in Brazil, Argentina, and Chile to streamline online checkout processes, enhance fraud protection and significantly reduce their cart abandonment rates.
FICO UK Credit Card Market Report: November/December 2024
- 4 days 13 hours ago
- Credit Cards
Spending, balances, payments, and cash usage on UK credit cards followed expected seasonal trends in November and December 2024, with spending and balances reaching the highest averages that global analytics software provider FICO has ever recorded. While missed payments fell in November and December, average balances rose on accounts where payments have been missed. Highlights
Kuady Partners With BridgerPay to Enhance Payment Solutions Across Latin America
- 4 days 13 hours ago
- Payments
Kuady, a leading digital wallet solution, has announced its integration with BridgerPay, a global omnichannel payment orchestration platform, to expand seamless payment solutions for merchants across Latin America. This collaboration makes Kuady’s payment services available to all businesses using BridgerPay’s platform, providing a frictionless and localised payment experience in Chile, Peru, Mexico, Ecuador, and Argentina.
