Last year, the European Payments Council (EPC) debuted the SEPA Instant Credit Transfer scheme, where credit transfers are done in 10 seconds — or less — across SEPA. Javier Santamaria, EPC chair, tells PYMNTS in the latest Monday Conversation that the embrace by PSPs and banks...
NMI, a commerce enablement company, implemented and installed contactless donation points in Bristol for a charity event, and raised 309 percent more money than they did a few years ago without them, according to a press release. Get the Full Story Complete the form to...
SWIFT, a payment messaging firm based in Belgium, began implementing its SWIFTNet Instant service for the Eurosystem’s TARGET Instant Payment Settlement (TIPS) service on Friday (November 30), when the first banks using it went live, according to a report by the company. The service allows...
Alternative Airlines, a website that allows customers to search for airline flights, and Amazon Pay, which allows people to pay using their Amazon payment information, have teamed up to provide a new payment option, according to a press release by the airline search company. Get...
NovoPayment, an enabler of digital financial services, announced Wednesday (November 28) the expansion of its Developer Hub to include new partner-integrated application protocol interfaces (APIs), enterprise customer functionalities and an enhanced user experience. Get the Full Story Complete the form to unlock this article and...
Venmo, the digital money transfer service owned by PayPal, suffered payments fraud earlier in 2018 that played a role in the company posting losses that were higher than forecasted for the first quarter of this year. The Wall Street Journal, citing internal documents it reviewed,...
Half of India’s ATMs may be shuttered in the next few months amid high compliance costs. Will that open the door even wider for digital payments? The jockeying among heavyweights, from Paytm to Facebook, will only intensify, as will government scrutiny.
In Sweden, the move to a cashless society has been marked by a quickened pace. Might there be speed bumps ahead, though? The New York Times said cash is being left by the wayside, in favor of digital payments, so quickly that the government is reportedly...
Grab, the ride-sharing platform out of Southeast Asia, announced on Thursday (Nov. 15) the launch of a remittance offering under the company’s financial services arm. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
