BNY Sends Largest Instant Payment in U.S. History, $10 Million, Following Transaction Limit Increase
- 1 year 7 months 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
- 1 year 7 months 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
- 1 year 7 months 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
- 1 year 7 months 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.
ADIB Becomes the First Islamic Bank to Adopt SWIFT’s Alliance Cloud Platform
- 1 year 7 months 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
- 1 year 7 months 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
- 1 year 7 months 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
- 1 year 7 months 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.
Monite Introduces iFrame to Simplify AP/AR Adoption for B2Bs Globally, Driving a Data-Driven Shift in the Industry
- 1 year 7 months 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
- 1 year 7 months 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.
Kuady Partners With BridgerPay to Enhance Payment Solutions Across Latin America
- 1 year 7 months 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.
Mastercard and Payrails Empower Large Enterprises to Navigate the Digital Economy With Next-Generation Payment Capabilities
- 1 year 7 months ago
- Payments
Mastercard has joined forces with Payrails, a payment technology company, to accelerate digital payment transformation and foster innovation tailored to the needs of large enterprises. Through this partnership, the two companies aim to provide efficient payment solutions that enable global businesses to streamline complex transactions, boost flexibility, and optimize financial operations.
Square Selects Peach to Power Innovative Credit Card Program
- 1 year 7 months ago
- Payments
Peach Finance, the leading modern loan management and servicing technology platform, today announced it is powering
Checkbook Launches Global Push-to-Card Payments Powered by Visa Direct
- 1 year 7 months ago
- Payments
Checkbook, a leading all-in-one payments platform, today announced the successful expansion of its Global Push-to-Card feature powered by Visa, a global leader in payments.
Mastercard Aims to Strengthen Commitment to Uganda
- 1 year 7 months ago
- Payments
Mastercard has announced the opening of its first office in Uganda, marking a significant milestone in its expansion across East Africa. This strategic move underscores Mastercard's dedication to fostering financial inclusion and accelerating digital transformation in the region.
