Eurozone banks break ground on the European Payments Initiative
The implementation phase of the EPI aims to create a new unified payment scheme and solution, as the ECB welcomes the development.
Payments - Disbursements
Background
Making payments is the inevitable consequence of making purchases and an essential and integral part of the financial supply chain. A payment is the transfer of value from one party, a person or…
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COVID-19 and the impact on digital payments
Two new reports consider the effect that the pandemic is having on cash and payments behaviour.
Digital fiat currencies reality a step closer
A settlement involving SocGen and Banque de France, and a patent application from Visa, offer a glimpse of the future of money.
Industry roundup: 6 May
News in brief looking at business payments, digital trust standards, and PPP loans.
Industry roundup: 29 April
Today's headlines include FX losses, AI use in AP, account reconciliation on blockchain, and more.
Financial support aims to help Australian companies bounce back
The Australian government launches A$500m facility for exporters, while supplier payment terms are under scrutiny in a new proposal.
Industry roundup: 23 April
News in brief including CLS, PayFit, SAP, and more.
Industry roundup: 22 April
News in brief from Basware, Barclays, The World Bank, and Nacha.
Deutsche Bank begins roll out of corporate instant payments in Thailand
PromptPay uses an account number or corporate tax ID to receive incoming payments.
Industry roundup: 17 April
News in brief featuring a ranking of the best FX banks, Facebook's Libra applying for a payments licence, and Danone selecting C2FO.
MineralTree expands ERP integrations for AP automation
The move simplifies remote work for finance teams.
Banking industry puts forward vision for future-driven EU payments market
Three European associations have published their vision for the EU retail payments framework.
COVID-19 crisis highlights need for real-time and new digital payments services
ACI Worldwide and Global Data research has analysed real-time payments volumes, growth and dynamics across 30 global markets.
Pelican and Banking Labs to bring AI-based payments and compliance to Canada
Banking Labs will market, sell and deploy Pelican solutions to banks and corporates.
Tipalti adds AI to AP
Tipalti Pi uses artificial intelligence and machine learning to make payables smarter.
Pandemic casts shadow over UK Payment Systems Regulator’s annual plan
The PSR's annual plan and budget were formulated before the COVID-19 crisis.
Comdata solution supports same-day shipper payments for fleets
QuickPay is designed to provide fleet owners with access to capital within 24 hours.
BlueSnap upgrades marketplace payment solution
The solution lets B2B and B2C firms launch ecommerce marketplaces that include seamless payouts and cross-border payment processing.
Afinis adds testing capabilities to help payment API standardisation
The Nacha organisation is partnering with XMLdation on the project.
RMB cracks top 5 currency ranking for global payments volume
SWIFT's latest RMB Tracker statistics show the continued global growth of the Chinese currency.
i2c enables Airwallex B2B payments card
The i2c platform uses AI to optimise cross-border, multi-currency payments.
UnderPinned and Banked speed up contractor payments
The pair claim they can slash the time finance departments spend paying contractor invoices by 86%.
DXC Technology and Tradeshift collaborate on accounts payable and procurement processes
The two firms aim to deliver touchless procure-to-pay automation and insights.
SWIFT gpi traffic up to US$77 trillion in 2019
Nearly two-thirds of all payments traffic on SWIFT is now sent via gpi.