Computop and PayU Join Forces to Deliver Payment Solutions for Emerging Global Markets
- 8 years 1 month ago
- Payments
Computop, a leading payment service provider (PSP), and PayU, a leading payment service provider in emerging m
Banif Selects Pelican for Payment Solutions
- 8 years 1 month ago
- Payments
Pelican, a leading provider of technology solutions for the financial services sector, today announced that Banif Bank (Malta) plc has selected its Pelican Transaction Banking platform. The solution will provide end-to-end automation of both SWIFT and SEPA payments, including integration with over the counter (OTC) instructions, Banif’s internet banking system and back office.
Worldpay to Deliver Transformational Payments Analytics Tool to the UK Businesses
- 8 years 1 month ago
- Payments, Infrastructure
Worldpay, the UK’s leading payment processor, is helping businesses unlock the full power of their payments data with the unveiling of a revolutionary big-data analytics tool, Your Marketplace.
The Body Shop Launches with Alipay in Three Major London Store Locations Powered by Wirecard Technology
- 8 years 1 month ago
- Payments
China’s largest mobile wallet Alipay has started to expand in the UK. The Body Shop, one of Britain’s best-known and biggest cosmetics and skin care companies, will launch the service in three major London stores, Covent Garden, Oxford Street and Regent Street using the new Scan Alipay App provided by Wirecard. The launch takes place on October 1st, parallel to the start of China’s national Golden Week. This date marks a week-long national... more
Banks and Corporates Recognise Role of AI in Addressing Inefficiencies in Payment Processing
- 8 years 1 month ago
- Payments, Infrastructure
Pelican, a leading provider of solutions to the financial services sector, today released the findings of its global survey ‘Leveraging artificial intelligence for payments efficiency’, which explores the attitudes of senior payment professionals within banks and corporates towards the use of artificial intelligence (AI) in supporting the payments business and related processes. The survey of more than 120 payments professionals across 32... more
Making Open & Instant Payments a Reality Worldwide: FIS Successes Cross Borders
- 8 years 2 months ago
- Payments
Worldwide, people make more than $1.7 trillion in non-cash payments every year. Making those payments as instant and open as cash is a top priority for FIS™ (NYSE: FIS), a global leader in financial services technology and, it has made great headway toward such a goal by putting payments solutions in place around the world.
ACI Worldwide and VocaLink Team Up to Speed up Adoption of Immediate Payments Around the World
- 8 years 2 months ago
- Payments
ACI Worldwide , a leading global provider of real-time electronic payment and banking solutions, and VocaLink, a global payments systems company, today announced a partnership to offer a complete end-to-end immediate payments solution to launch a domestic or regional immediate payments network.
SWIFT Completes First Phase of the Global Payments Innovation Initiative Pilot
- 8 years 2 months ago
- Payments
SWIFT announces today it has successfully completed the first phase of the global payments innovation (gpi) initiative pilot, clearing the way for the go-live of the service in early 2017. During the pilot, 15 global banks representing more than 30 percent of cross-border payments successfully tested the design and core functions of the gpi, while in parallel, ten additional global banks started to prepare for the service’s launch.
CLS Group to Release Payment Netting Service
- 8 years 2 months ago
- Payments, Infrastructure
CLS Group (CLS), a leading provider of risk management and operational services for the global foreign exchange (FX) market, has announced its intent to release a payment netting service, CLS Netting, for buy-side and sell-side institutions’ FX trades that are settled outside the CLS settlement service.
Standard Chartered Executes First Real-Time Cross-Border Payment for Businesses
- 8 years 2 months ago
- Payments
Standard Chartered has announced the completion of the first real-time cross-border payment for businesses with another major correspondent bank in the Bank’s latest step to leverage distributed ledger technology for its clients as part of the recently launched ‘Banking the ecosystem’ strategy. Typically taking up to two days for businesses to make cross-border funds transfers, the pilot which leveraged Ripple’s enterprise blockchain solutions... more
IBM Unveils Immediate Payments Platform for Banks
- 8 years 2 months ago
- Payments, Infrastructure
IBM announced new offerings to help commercial banks rapidly enable new services for customers using real-time payments. This will allow them to take advantage of new immediate payment schemes now in development in Europe, Asia and the United States. Once deployed, these systems will allow consumer transactions to clear in seconds, speeding access to funds such as payroll and insurance claim reimbursements.
Form3 Financial Cloud Unveils SaaS Payments and Banking Solutions at Sibos
Form3 Financial Cloud has today launched at Sibos, providing leading edge cloud technologies for financial institutions through a SaaS delivery model. Form3 delivers comprehensive payment and core banking solutions, accessed through a single API and integration platform, ready to use on a pay as you go basis.
Major Banks Release Global Payments Steering Group
- 8 years 2 months ago
- Payments, Infrastructure
Ripple, the global provider of financial settlement solutions, today announced that a number of global banks are joining forces to establish the first interbank group for global payments based on distributed financial technology. Bank of America Merrill Lynch, Santander, UniCredit, Standard Chartered, Westpac Banking Corporation, and Royal Bank of Canada are the founding members of the organization, known as the Global Payments Steering Group (... more
Volante Technologies and Finexus partner to help build new Real-time Gross Settlement Systems for financial institutions across the Asia Pacific region
- 8 years 2 months ago
- Payments
Volante Technologies Inc., a global leader in the provision of software for the integration, processing and orchestration of financial messages and payments, today announced it has been chosen by Finexus to provide the key MT to MX message transformations in complex multi-currency Real-time Gross Settlement (RTGS) System implementations. Finexus is a Malaysian-HQ and Asia Pacific region-based digital payment solutions and services provider.
linked2pay Delivers Bank Integrated Same-Day ACH Payments
- 8 years 2 months ago
- Payments
-linked2pay, the platform provider of Bank Centric Payments, announced today that they have added bank integrated same-day ACH payments to their platform. Now their bank, acquirer and ISO partners can offer this new and highly anticipated same-day payment option to merchants in a seamless manner side-by-side with card acceptance.