Electronic bill presentment and payment

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/Electronic bill presentment and payment

Payments revenue to hit $2.4 trillion by 2027

The payments industry remains one of the brightest spots on the financial services landscape, according to a report from the Boston Consulting Group (BCG) and Swift, which predicts global revenue to grow by more than $1 trillion by 2027.

/Electronic bill presentment and payment

Mastercard brings real-time bill payments to mobile banking apps

Mastercard is working on a new technology platform to support bill payments via mobile banking apps, created to help banks recover ground lost to multiple direct billing sites.

/Electronic bill presentment and payment

Mastercard and Amex invest in 'pay-later' platform Divido

Mastercard and American Express are among the big names to join a $15 million Series A funding round for Divido, a consumer finance platform for retailers, lenders and payment partners.

/Electronic bill presentment and payment

China UnionPay to enter European market

The world's largest payment card issuer, China UnionPay, is reportedly planning to enter the European market in a move that could cause serious competition for Visa and Mastercard.

/Electronic bill presentment and payment

Mastercard unveils global trade platform

Mastercard has launched a global trade platform, powered by Microsoft Azure, that is designed to streamline and automate the procure-to-pay process for companies around the world.

/Electronic bill presentment and payment

UK looks to improve bill payments with 'Request to Pay' initiative

The UK's New Payment System Operator (NPSO) is inviting billers to jump aboard its 'Request to Pay' initiative, which will give firms and their customers more control, flexibility and transparency in bill payments.

/Electronic bill presentment and payment

Barclaycard partners accelerator graduate to digitise B2B supply chain

Barclaycard is working with Silicon Valley startup Crowdz to digitise and speed up what is still for many firms a slow and clunky business-to-business supply chain.

/Electronic bill presentment and payment

CBA, Microsoft and KPMG team on SME business management platform

Commonwealth Bank of Australia has teamed up with Microsoft and KPMG to launch a business management platform for SMEs.

/Electronic bill presentment and payment

Commonwealth Bank hit by outage

Customers of Commonwealth Bank Australia (CommBank) have been left frustrated after a series of major outages left them unable to access their bank accounts.

/Electronic bill presentment and payment

Finnish e-invoincing startup Zervant raises EUR6m

Finnish e-invoicing startup Zervant has raised EUR6 million in a funding round led by local VC and private equity firm Tesi.

/Electronic bill presentment and payment

Aussie real-time payments platform goes live

Australia's real-time payments platform goes live today, with customers of three of the country's big four banks able to transfer funds in seconds.

/Electronic bill presentment and payment

You can now send PayPal invoices through Facebook Messenger

PayPal users selling their old Lego bricks can now create and send invoices within Facebook Messenger.

/Electronic bill presentment and payment

US banks launch real-time payments system

American bank-owned ACH The Clearing House (TCH) has launched its real-time payments system (RTP), helping to usher the country into the 21st century.

/Electronic bill presentment and payment

Singapore and Thailand look to link e-payment schemes

Thailand and Singapore have announced tentative plans to integrate their respective e-payment schemes in a bid to promote digital banking, according to a Bloomberg report.

/Electronic bill presentment and payment

Bank of Baroda calls for calm after big IT glitch

Customers of India's fourth largest state-owned bank, the Bank of Baroda (BoB), have been asked not to panic after a technical glitch caused thousands of accounts to be wrongly debited.

/Electronic bill presentment and payment

RBC and NAB invest in financial management software firm Wave

National Australia Bank and Royal Bank of Canada have joined a US$24 million funding round for Wave, a Toronto-based provider of financial management software for small businesses.

/Electronic bill presentment and payment

PayPal moves into bill payments with TIO acquisition

PayPal is looking to steal a march on financial services firms in the underbanked bill payment space by acquiring North American processor TIO for $233 million.

/Electronic bill presentment and payment

ABN Amro pilots 'touchfree' accounting platform for SMEs

ABN Amro is working with startup InvoiceSharing to pilot a "touchfree" automated accounting system for small and medium-sized enterprises.

/Electronic bill presentment and payment

Thiel backs French biz banking startup Qonto

With a slate of stellar investors onboard, Qonto, a French digital business banking service for entrepreneurs and startups, is gearing up for launch.

/Electronic bill presentment and payment

Lloyds partners startups peddling bill payments tech and AI virtual assistants

Lloyds Banking Group is to test-drive technology presented by two of the ten companies participating in this year's Startupbootcamp demo day in London.