October 04, 2024
TrueLayer Raises $50 Million to Grow European Pay-by-Bank Network
TrueLayer has raised $50 million in an extension of its $130 million Series E funding round to continue growing its pay-by-bank network. The company currently processes over $50 billion in...
October 04, 2024
WEX Engages Indie Truckers With Fuel Discount App
WEX is rolling out a new app to give independent truckers access to benefits normally only available to larger companies. The free mobile app, 10-4 by WEX, offers owner-operators and...
October 03, 2024
PayPal Pays EY With In-House Stablecoin to Show ‘Well-Suited’ Enterprise...
PayPal has reportedly completed its first business payment with its in-house stablecoin. This was done to show how digital currencies could be used to improve upon what are often muddled commercial...
October 03, 2024
Coinbase Widens Access to Crypto B2B Payments
Cryptocurrency exchange Coinbase is expanding the ways businesses can pay. PayPal paid invoices to EY using the PayPal USD (PYUSD) stablecoin deposited into EY’s Coinbase Prime account, according to a...
October 03, 2024
Open Banking Provider Zūm Rails Forms Embedded Finance Pact With...
Open banking/instant payments company Zūm Rails is teaming with Fiserv. The collaboration, announced Thursday (Oct. 3), will see Zūm utilize Fiserv’s embedded finance capabilities to enable payments and financial services for U.S. businesses. “Today, payments...
October 03, 2024
The Latest Data on Real-Time Payments Global Expansion
Real-time payments are growing in popularity the world over, with governments, banks and corporates all doing their part to make these transactions the new norm. While the United States has...
October 03, 2024
Thredd CEO: Unbundling of Banking Changes the Merchant Acquiring Game
For decades, the “classic” four-party model dominated card payments — where the quartet was comprised of the cardholder, the merchant, the acquirer and an issuing bank. Acquirers process the payment...
October 03, 2024
92% of Small Businesses in Latin America Accept Digital Payments
As the digital payments landscape in Latin America rapidly evolves with nearly 600 million people generating close to $6 trillion in GDP, consumers are shifting away from cash and embracing...
October 02, 2024
FinTechs and FIs Find Common Ground on Scaling Real-Time AML...
Recent announcements and partnerships have shown core banking’s appeal — not just for traditional FIs, but FinTechs too — as anti-money laundering (AML) efforts must scale and move into real-time...
Instant payments continue their global sweep, with the U.S. expanding RTP® network capabilities, Australia simplifying cross-border transfers, and Hungary embracing QR codes for everyday transactions. This edition of the “Real-Time Payments World Map,” a collaboration with The Clearing House, explores the technologies and partnerships accelerating the adoption of real-time payments across industries and borders.
Around 4 in 10 small businesses across sectors prefer instant when sending payments. And they cite several benefits beyond speed. PYMNTS Intelligence’s latest report, “Small Business Real-Time Payments Barometer: Instant Payments Across Four Sectors,” a collaboration with The Clearing House, explores what payment providers need to know to become market leaders.