Latest Instant Payments News: Finextra Research

Company update/payments

Moneycorp partners with BankClarity for cross-border STP

Moneycorp, the global foreign exchange and payments provider with over £38bn of trades across 120 currencies, has implemented an API and distribution agreement with BankClarity, the leading banking technology provider to non-bank financial institutions.

25 November 2022

Research/Instant Payments

UK Open Banking API Performance 2021-2022

26 October 2022 422 downloads

News/payments

AFP 2022: Europe and North America show mixed reception for new payment methods

Ahead of AFP 2022, Finextra caught up with Carl Slabicki, co-head of global payments at BNY Mellon, to discuss the recently released report, ‘What The Data Say’, in association with Aite-Novarica. The report explores how while “newer emerging electronic payments mechanisms are growing, legacy payment tools including checks and even cash remain resilient.”

24 October 2022

News/payments

FedNow real-time payments service to launch next summer

The Federal Reserve has narrowed the timing of the launch of its real-time payments service, FedNow, to the middle of next year.

29 August 2022

Company update/crypto

Wirex partners with Modulr to offer SEPA Instant and Faster Payments

Wirex, the leading crypto platform, has made it easier than ever for users to top-up and withdraw from their accounts with the introduction of new payment methods. The addition of SEPA Instant and Faster Payments will mean customers in the UK and EEA can transfer British Pounds and Euros more easily between their Wirex and bank accounts.

18 August 2022

News/payments

JP Morgan rolls out cross-border liquidity product in Saudi Arabia

JP Morgan Payments has launched a cross-border liquidity solution in Saudi Arabia, allowing clients to connect to liquidity pools in London and other international cities.

05 August 2022

News/payments

Swift could face challenge in new era for cross-border payments - EIU

The Russian invasion of Ukraine will cause disruption to cross-border payment systems and could, in conjunction with technological advances, challenge the dominance of the Swift network, predicts a paper from the Economist Intelligence Unit (EIU).

29 July 2022

Company update/payments

Truelayer adds WooCommerce plugin

TrueLayer, Europe’s leading open banking platform, today announced the availability of TrueLayer Payments for WooCommerce plugin, enabling ecommerce SMBs to seamlessly add instant, secure account-to-account payments to their website. Luxury watch retailer BQ Watches is one of the first businesses to implement payments powered by TrueLayer using the plugin.

27 July 2022

News/payments

GoCardless and Plaid launch VRP offering ahead of CMA sweeping deadline

Following the Competition and Markets Authority’s mandate that the UK’s nine largest banks must support sweeping by 31st July 2022, both Plaid and GoCardless have launched a Variable Recurring Payments offering today.

26 July 2022

Company update/payments

ACI Worldwide and IR extend partnership with real-time transaction monitoring

ACI Worldwide (NASDAQ: ACIW), the global leader in mission-critical, real-time payments software, today announced that IR (ASX:IRI), a leading global provider of performance management and analytics for payment ecosystems, has extended its partnership with ACI to include enriched end-to-end enterprise transaction monitoring.

22 July 2022

Company update/payments

NPP Australia rolls out PayTo Solution

Australia’s first payment service providers have commenced offering PayTo to their merchant and business customers, as the financial services sector prepares to use PayTo to vastly improve account-to-account payments.

08 July 2022

Company update/payments

Seedrs taps Form3 and LHV UK to bolster payments offering

Seedrs, the leading private investment platform with over £1.9BN investments to date, has chosen Form3, the leading cloud-native payment technology provider, and LHV UK, a banking services provider to over 200 fintech companies, to enable it to access UK Faster Payments and SEPA Instant Payments in Europe, to augment its customer offering.

06 July 2022

Research/Instant Payments

Real Time Payments: Solving today's problems for tomorrow's success

23 June 2022 835 downloads

News/payments

EBAday 2022: Going instant with ISO 20022 and liquidity management

Diving-in to day two, Joost Bergen, owner, Cash Dynamics, kicked off the ‘Real-time liquidity management’ session with the poll question: do we really need liquidity management close to real time?

01 June 2022