Finastra and NetGuardians partner on AI-powered financial messaging fraud detection
by Ben Poole
The solution is designed to combat fraudulent transactions before money leaves the bank or corporate organisation.
Urgent/Instant .Payments
Background
There are times when a local or cross-border payment just needs making today, now. This can be because a payment needs to be cleared and settled at a specific date and time, e.g. for a…
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Societe Generale chooses FIS for corporate instant payments in Europe
by Ben Poole
The solution will offer a real-time payments option for the bank's corporate clients in nine European countries.
SWIFT launches global instant payments service
by Ben Poole
New service links gpi, banks and domestic real-time payments systems and follows a successful trial with Europe’s TIPS.
EBA report stresses collaboration essential as ecosystems adapt to instant payments
by Ben Poole
Corporate bank relationships will be critical as instant payments increase in usage in the B2B space, the report finds.
Visa digitises insurance claims payouts for businesses and individuals
by Ben Poole
The card company is collaborating with clients and partners through Visa Direct to reduce the time and cost of disbursement processes.
Volante Technologies offers free SaaS instant payments processing
by Ben Poole
The vendor says any bank, regardless of size, can offer immediate payment capabilities to their customers.
Legacy systems and cyber security continue to trouble US corporates
by Ben Poole
A TD Bank survey reveals 88% of industry looking at in-house strategies to protect against cyber threats.
Commerzbank tests blockchain-based machine-to-machine payment solution for the first time
by Ben Poole
First use of cash on ledger for automated M2M payment processing in cooperation with Daimler Trucks.
US Fed to develop real-time payment and settlement rival to The Clearing House
by Ben Poole
The FedNow Service looks like it will be fighting for business with the existing RTP network from The Clearing House.
Mastercard acquires Nets’ account-to-account payment business
by Ben Poole
The move is designed to meet application, service and payment needs of customers across card and account-to-account payments.
Equals Group agrees ‘global relationship’ with Citigroup
by Graham Buck
The renamed payment services provider will team up with Citi Commercial Bank to enhance the product offering and heighten efficiencies
Blue Motor Finance, Lloyds partner on instant payment API
by Graham Buck
The partnership will focus on a ‘Faster Payments and Direct Debit API’ for motor traders and dealerships
Swift sets out the business case for gpi
by Graham Buck
More than two years after its debut the financial messaging service details the benefits of its global payments innovation initiative
Mastercard and Scandi banks plan real-time payments platform
by Graham Buck
The global payments giant will partner with the bank-owned P27 Nordic Payments Platform on “the world’s most advanced system”
Impact on corporates of ISO 20022 migration in payments clearing & settlement
by Jack Large
Not simply another IT project: hear how this worldwide initiative has profound implications for corporates & understand actions needed
MoneyGram gets US$50m boost from union with Ripple
by Graham Buck
The money transfer company’s strategic partnership with the blockchain solutions pioneer is initially for a two-year period
JP Morgan extends cross-border digital payments to China
by Graham Buck
The new service makes the US giant the first foreign bank in China to digitise and automate cross-border payments of goods
Volante Technologies launches SEPA instant payments processing
by Graham Buck
The new service will be available on Microsoft Azure for two European schemes – EBA Clearing’s RT1 and ECB’s TIPS
Big names get behind Facebook’s GlobalCoin
by Graham Buck
The social media and networking giant reportedly has Visa, MasterCard , PayPal and Uber as founder members of its cryptocurrency
Reserve Bank of Australia chivvies banks on payments
by Graham Buck
The regulator accuses the country’s big four of dragging their heels on opening up the country’s New Payments Platform
Sweden’s Riksbank plans to join ECB instant payment scheme
by Graham Buck
The country is likely to sign up to the Target Instant Payment Settlement (TIPS) system for real-time payments, launched last November.
Visa’s B2B Connect platform officially launched
by Graham Buck
The part distributed ledger-based, non-card platform for high-value corporate, cross-border payments has been in development since 2016
Fraudsters target Australia’s instant payments system
by Graham Buck
Westpac, one of the country’s big four banks, revealed that its PayID lookup function had been infiltrated.
PayFi, The Clearing House partner on US real-time payments
by Graham Buck
The partnership promises to bring real-time payment capabilities to community banks across America.