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Latest Results from /payments

/payments

NAB to launch Pay by Bank for Australian merchants

Australian Big Four bank NAB is partnering with Banked to launch Pay by Bank capabilities, leveraging Australian open banking rails PayTo to settle near-instant transactions.

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EBA Clearing carries out pan-European request to pay PoC

EBA Clearing says its request to pay service is ready for commercial use cases after the completion of a pan-European proof-of-concept involving eight PSPs.

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Fime acquired by Gallant Capital

Private equity firm Gallant Capital Partners has acquired payments consultancy and testing specialist Fime as well as the UL Solutions payments testing business and merged the two. Financial terms were not disclosed.

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Worldline partners Google for cloud programme

French payments processor Worldline has formed a partnership with Google Cloud to boost its digital transformation efforts.

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Visa applies generative AI to clamp down on brute force attacks

Visa is introducing a generative AI tool to assign real time risk scores to transactions in a bid to stop enumeration attacks that use automated scripts and botnets to test for vulnerabilities.

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JP Morgan taps Visa Direct for faster payments

JP Morgan is promising faster domestic payments in the US, through the Visa Direct network.

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Fed proposes expanded operating hours for FedWire and NSS

The US Federal Reserve Board is seeking feedback on a proposal to start operating its two large payments services seven days a week.

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Wells Fargo says US investigating Zelle complaint handling

Wells Fargo has joined JP Morgan in revealing that US authorities are investigating the handling of complaints about P2P payments service Zelle.

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Namibia signs on for India's UPI tech

The Bank of Namibia has called in NPCI International Payments to help the southern African country develop an instant payments system based on India's hugely successful UPI.

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Payments processor BlueSnap reaches $10m settlement with FTC

BlueSnap and its former CEO have settled with the Federal trade Commission (FTC) for knowingly processing payments for "deceptive and fraudulent" companies.

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Tide partners with Adyen in German market

Tide has announced that it will offer business accounts in Germany, marking the beginning of the company's expansion into Europe.

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Checkout.com and Mastercard partner up to launch virtual cards for Online Travel Agents

Digital payments provider Checkout.com has announced its partnership with payments giant Mastercard to provide Online Travel Agents with virtual cards.