UnionPay International Drives Global Interoperability Via China's Cross-Border Interconnection Payment Gateway
- 13 hours 16 min ago
- Payments
On September 16, it was announced that China's Cross-border Interconnection Gateway (CPG) had officially begun trial operation in late July. UnionPay International contributed to developing the CPG's core elements over a six-month period. Guided by public-oriented inclusivity and accessibility, the CPG enables institutions in and outside China's mainland to achieve cross-border QR code interoperability with one point access.
Visa Announces General Availability Of VCS Hub; Ushers In A New Era Of AI-Powered Commercial Payments Innovation
- 14 hours 26 min ago
- Payments
Visa Inc., a global leader in digital payments, today announced the general availability of the Visa Commercial Solutions (VCS) Hub, a breakthrough platform that redefines the future of commercial payments for issuers and fintechs worldwide.
Unlimit Secures Principal Membership With Mastercard And Visa In Peru, Expanding Its Presence In Latin America
- 14 hours 36 min ago
- Payments
Unlimit, the global fintech company, has secured Principal Membership with Mastercard and Visa in Peru, enabling it to operate as a direct acquirer for card payments processing in the country. This new accreditation marks another step in the expansion across Latin America, where it already operates as a direct acquirer in Brazil and Mexico.
BofA’s New GenAI Assistant Transforms Global Payments Solutions
- 16 hours 6 min ago
- Payments
Checkout.com And MRC Unveil New Course To Help Merchants Navigate Payments Complexity
- 16 hours 41 min ago
- Payments
Checkout.com, a leading global digital payments provider, today announced the launch of an eLearning course in collaboration with the Merchant Risk Council (MRC). Designed to help payments professionals cut through complexity and focus on the metrics that matter most, this course empowers learners to strengthen their expertise and unlock growth opportunities.
Two-Thirds Of Merchants Say Limited Local Payment Methods Is The Biggest Payments Challenge They Face
- 16 hours 46 min 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
- 16 hours 46 min 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
- 18 hours 46 min 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 day 13 hours 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 day 13 hours 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 day 17 hours 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 day 17 hours 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.
Corpay And Mastercard Move Extend Near Real-Time Payments To New Markets
- 1 day 17 hours ago
- Payments
Finastra Unveils Intelligent Routing Module At Sibos 2025
- 1 day 17 hours 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 day 17 hours 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.
