Banco Santander and Iberpay have processed the first international instant transfers based on the European Payments Council’s One-Leg Out Instant Credit Transfer (OCT Inst) scheme. These transfers were initiated and completed in different…
Frictionless commerce firm AppTech Payments completed the pilot of its Banking-as-a-Service (BaaS) platform. Now, the company will use the BaaS solution for the commercial launch of InstaCash, a real-time pay-by-bank transaction system…
The bank is connecting billers and brokerage accounts as it builds the case for instant funding. It also points to countries such as Brazil and India as models to follow.
Nearly half of new homebuyers in a recent survey said they are struggling to pay their mortgages on time, but many said they are still happy they chose to buy when they did. According to the survey, conducted by real estate experts at…
Welcome to the live updates platform for Hindustan Times. Follow all the major news updates, headlines and breaking news stories from India and around the world right here. Track the real-time developments of major events for May 14, 2024.
Welcome to the live updates platform for Hindustan Times. Follow all the major news updates, headlines and breaking news stories from India and around the world right here. Track the real-time developments of major events for May 14, 2024.
In a move aimed at enhancing financial inclusivity and accessibility, MTN South Africa has partnered with Investec and Electrum to introduce PayShap, a real-time, low-cost interbank digital payments service, on its Mobile Money (MoMo)…
Increasingly, small- to mid-sized businesses (SMBs) operating in the healthcare field are using real-time payment technology to improve cash flow efficiency. Thirty-eight percent of the healthcare SMBs PYMNTS Intelligence surveyed for…
DUBAI, UAE, May 7, 2024 /PRNewswire/ -- Nium, the global leader in real-time cross-border payments, today announced a partnership with Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, to…
Real-time payments continue their rapid expansion worldwide, bolstered by widespread support from banks, corporations and governments alike. This edition of the “Real-Time Payments World Map” highlights the latest news and developments…
In B2B interactions, faster payments — especially ad hoc payments — may prove to be a competitive advantage. PYMNTS Intelligence found that non-recurring payments represent roughly a quarter of total accounts payable volume. One-third of…
Use cases for real-time payments have never been a source of argument, even among detractors. The ability to speed bill payment and peer-to-peer flows, as well as move money instantly, has been around for a while. The FedNow® Service…
The latest developments in Donald Trump’s hush money trial are being covered by various news outlets. Keith Davidson is testifying, revealing new details from the scheme. Prosecutors are focusing on Trump’s alleged efforts to hide the hush…
More than 34% of Americans rent their homes, representing billions of dollars in monthly rental payments to landlords and property managers. Despite this large sum, rent payments often rely on outdated and inefficient methods, such as…
Leader in curb management helps collect real-time data, issue citations, and expand revenue opportunities more easily by aligning operations and officers CHARLOTTE, N.C., April 29, 2024 /PRNewswire-PRWeb/ -- Passport, the leader in curb…
Small to mid-sized businesses (SMBs) in the healthcare provider segment now use real-time payments more widely than other payment rails. PYMNTS Intelligence finds that in the last year, 83% of businesses surveyed either sent or received…
Over the last few years, former MLB superstar Alex Rodriguez and businessman Marc Lore have been gathering equity in order to slowly take over ownership of the Minnesota Timberwolves from long-time owner Glen Taylor. While the new…
As global head of product at payment processor i2c, Seth Perlman has seen his share of headwinds and tailwinds in the banking business, including stints at Visa, Fiserv and PayPal. But the first quarter that just wrapped has been one for…
Cognizant and FICO plan to launch a cloud-based real-time payments fraud prevention solution designed for North American banks and other payment service providers. The joint offering would leverage both firms’ artificial intelligence (AI)…
Real-time payments have enjoyed optional status up to this point. But they are quickly becoming an essential competitive factor for financial institutions (FIs), especially in sectors like real estate and daily payroll. According to Jill…