PYMNTS

APRIL 16, 2020

Customers at Deutsche Bank ‘s Bangkok branch will soon have access to electronic payments via the bank’s PromptPay service, according to reports. PromptPay is operated by Thailand-based payments service provider National ITMX. Deustche Bank, as such, is aiming to keep payments as fast as possible.

Payments 228

Payments Regional Operations National 228

PYMNTS

NOVEMBER 16, 2020

Mastercard has added a new Account-to-Account (A2A) service to its Track Business Payment Service , to help businesses exchange data more efficiently and perform payments across multiple rails, a press release says. and will be available in all regions by the end of next year, the release says.

Payments 204

Payments Regional Data Cards 204

Jack Henry

SEPTEMBER 18, 2023

Community and regional banks and credit unions can learn about payments trends in 2023, FedNow, streamlining experiences, reducing fraud and risk, and the future of payments.

Strategy 97

Strategy Payments Regional Fraud 97

PYMNTS

NOVEMBER 24, 2020

In today’s top payments news around the world, Western Union has expanded its real-time digital payout capabilities, while Visa has wrapped up its acquisition of YellowPepper. Western Union Expands Real-Time Digital Payments To 100 Countries. Plus, the eurozone economy is backsliding amid a second lockdown.

Payments 214

Payments Regional Strategy Analysis 214

PYMNTS

AUGUST 7, 2019

The Bank of Lithuania has suspended the majority of activities of payments company SatchelPay , reports said Tuesday, barring the Lithuanian company from issuing electronic money or providing part of its payment services. The Industry Spread reported Tuesday (Aug. The Industry Spread reported Tuesday (Aug.

Operations 101

Operations Regional Compliance Report 101

Bank Innovation

AUGUST 24, 2017

USAmeriBank is now live on financial service firm Finastra’s payment hub, which will enable the regional bank to implement new payment services and rails. This is the culmination of payment plans the bank, an offshoot of USAmeriBancorp Inc.

Alabama 186

Alabama Florida Payments Regional 186

PYMNTS

NOVEMBER 22, 2020

Danske Bank , the Copenhagen-based retail bank, has partnered with FinTech firm Zenegy to roll out a new method for automating payments made with corporate cards, a report from Crowdfund Insider says. As people stay home to work more often, companies have adopted digital methods of payment.

Cards 221

Cards Payments Innovation Regional 221

PYMNTS

OCTOBER 7, 2019

The acquisition will expand NCR’s service to 1,000 restaurants in the region. NCR said it will operate three local offices with the Midwest POS staff and management. “We announced the acquisition of Midwest POS Solutions to expand its presence in Kentucky and Indiana, as detailed in a press release on Monday (Oct.

Regional 128

Regional Indiana Kentucky Tools 128

PYMNTS

JUNE 24, 2020

They are also exhibiting increasingly robust cross-border payments capabilities, with a focus on simplicity and ease of operations internationally. The new Playbook appraises how payment orchestration providers (POPs) can help simplify localized payments strategies and support international expansion efforts.

Payments 130

Payments Regional Analysis Compliance 130

The Paypers

MAY 2, 2024

The PCI Security Standards Council (SSC) has announced plans to extend its operations to the Middle East, aiming to tackle the growing threat of payment card fraud in the region.

Fraud 36

Fraud Security Payments Regional 36

Bank Innovation

MAY 1, 2018

experiment with Venmo or Apple Pay, payments in China have reached the point where even large transactions are routinely processed via the smartphone, even tuition payments. Western Union, which operates a money transfer service in the region via a partnership with Chinese payment solutions provider Geoswift, has allowed […].

Payments 199

Payments Apple Regional US 199

PYMNTS

SEPTEMBER 11, 2019

According to the new Simplifying Cross-Border Payments Playbook , there are five key criteria that an ideal cross-border payment solution should meet: speed, security, compliance, transparency and ubiquity. Currently, there are 57 real-time payments rails operating in more than 72 countries, with even more under construction.

Payments 190

Payments Regional Operations Guidelines 190

PYMNTS

SEPTEMBER 14, 2020

Middle Eastern finance group Emirates National Bank Dubai (NBD) has deployed a centralized international payments hub on Tata Consultancy Services ' TCS BaNCS For Payments, according to a press release , which will help to boost payments in numerous countries across the world.

Payments 175

Payments Operations Regional Innovation 175

PYMNTS

FEBRUARY 17, 2020

Managing and executing payments globally can be a sticking point, though, as companies must grapple with fund flows across banks and supply chains , where fees accrue and processing times can be slow. Beyond the cost of the transactions themselves, there’s a palpable drag on operations. Additionally, the transfers take many days.”.

Payments 232

Payments Regional Data Management 232

PYMNTS

DECEMBER 15, 2020

Frictions like these are pushing more businesses to rethink their legacy approaches to business-to-business (B2B) payments and adopting various digital options for sending money. A recent report found roughly 38 percent of workers in the Asia-Pacific region having to undergo manual reimbursement request processes, for example.

Cards 267

Cards Payments Leadership Report 267

Payments Dive

DECEMBER 1, 2022

The 5,000-square-foot location in Southern California marks the latest addition in a region where the e-commerce giant operates numerous brick-and-mortar retail stores.

California 195

California Regional Retail Operations 195

Bank Innovation

FEBRUARY 14, 2018

EXCLUSIVE – The Nordic countries, in the northern reaches of Europe, comprise a small region with a small population (about 26 million across 7 countries), but disparate payments infrastructure prevails despite a mobile-friendly populace.

System 257

System Regional Payments Mobile 257

PYMNTS

SEPTEMBER 29, 2020

Mastercard and ACI Worldwide are teaming up to “provide a wide range of real-time payment solutions globally.” This will address the opportunity created as the “account-to-account payments market continues to quickly expand,” a press release said on Tuesday (Sept. ACI is a payment-systems company headquartered in Naples, Fla.

Payments 248

Payments System cryptocurrency Regional 248

PYMNTS

MAY 20, 2020

Accomplishing this task poses a unique set of challenges, however, particularly when it comes to real-time payments. The 27 EU member states have their own financial systems, and many have also implemented their own domestic real-time payments rails. The ECB sees TIPS as more than just another real-time payments solution, however.

Payments 210

Payments Guidelines Regional Strategy 210

PYMNTS

JANUARY 15, 2021

Chaves also said the company will earmark a percentage of the proceeds to accelerate financial inclusion in the region. Founded in 1999, based in Argentina and registered in the United States, MercadoLibre is an eCommerce platform and digital payment solution that operates across Latin America.

Regional 207

Regional America United States Operations 207

PYMNTS

SEPTEMBER 28, 2020

Banks, businesses and consumers fundamentally altered how they interacted with each other in the early months of the COVID-19 pandemic — and regulators tasked with making sure their data and payments are kept safe took notice. Why Pandemic-Driven Online Payment Spikes Are Pushing Middle Eastern Regulators To Confront Privacy Questions.

Online 151

Online Report Payments Regulation 151

The Paypers

OCTOBER 18, 2023

Amazon Payment Services , a digital payments provider operating across the MENA region, has been granted a Retail Payment Services licence by the UAE Central Bank.

Retail 41

Retail Payments Regional Operations 41

PYMNTS

DECEMBER 15, 2020

Gojek , a Southeast Asian super-app operator, is rolling out a new point-of-sale (POS) device, GoBiz Plus, for all-in-one purposes for micro and small- to medium-sized businesses (SMBs) in Indonesia, according to a report from TechInAsia. The company said its services have aided over 900,000 retailers to access digital operations.

System 169

System Payments Digital Strategies Regional 169

PYMNTS

JUNE 29, 2020

The pandemic has drastically affected how consumers are shopping and paying for even routine purchases, and this in turn has altered how businesses are accepting their payments. The health crisis has brought about changes to this rule, however, and these may have long-term implications for payment standards and regulations.

How To 239

How To Payments Management social media 239

PYMNTS

OCTOBER 23, 2017

Earlier this year, Italy initiated its largest bank bailout in its history when it committed up to $19 billion to save two failing regional banks, Banca Popoalare di Vicenza SpA and Veneto Banca SpA. 20), the ongoing struggles of those FIs is putting as many as 40,000 small and medium-sized businesses (SMBs) in the region in jeopardy.

Regional 108

Regional Capital Report Payments 108

PYMNTS

MAY 4, 2020

Payment orchestration platforms (POPs) are suddenly everywhere as solution-shopping for the great American reopening gets underway in earnest. Merchants need to offer international customers their preferred payment methods to best cater to them, yet they must do so in a way that is fast and secure for their businesses,” the report states.

Payments 130

Payments Customer Experience Regional Online 130

PYMNTS

MARCH 12, 2019

Western Union (WU) is bridging small businesses (SMBs) and entrepreneurs in Puerto Rico to cross-border payment services, the financial institution (FI) said on Monday (March 11). EDGE launched in 2016 to promote global trade for SMBs by offering accounts payable and accounts receivable connectivity, invoice presentment and payments.

Puerto Rico 156

Puerto Rico Payments Regional Operations 156

PYMNTS

SEPTEMBER 10, 2019

In payments, complexity reigns, and making payments simple, transparent and speedy is anything but easy. That’s especially true with cross-border payments , where commerce done globally demands that firms be aware of regulations and payments preferences that are endemic to a specific country or even specific region.

Security 134

Security Payments Regional Operations 134

PYMNTS

JUNE 29, 2020

Across industries and across the globe, industry experts continue to raise concerns about shifting B2B payment habits — often to the detriment of small vendors. But some analysis suggests supplier payment strategies are in flux to better support the working capital positions of corporates.

Payments 256

Payments Analysis Capital Strategy 256

PYMNTS

FEBRUARY 13, 2020

11), Visa executives laid out a roadmap to displacing cash and checks across the global stage, digitizing payments through click to pay, tap to pay, digital wallets and cross-border flows – along with capturing a sizable slice of B2B spend, too. At its investor day presentation Tuesday (Feb. B2B Potential.

Payments 163

Payments Regional America Cards 163

PYMNTS

NOVEMBER 30, 2020

Today in B2B payments, Visa teams up with Razorpay to debut a small business commercial card solution, while Nets is working with Yoba Smart Money to develop small business payment tools. Yoba Smart Money, Nets Partner on SMB Payments. Razorpay, Visa Team for SMB Corporate Cards. Australia Could Debut Compulsory eInvoicing.

Cards 160

Cards Payments Tools Regional 160

PYMNTS

JANUARY 27, 2020

Singapore is aiming to boost cryptocurrency firms by offering them a chance to apply for operating licenses. The move, called the Payment Services Act, will allow global cryptocurrency firms the chance to expand their operations. After the Payment Services Act goes into effect on Thursday (Jan. and London-based Luno.

Regulation 151

Regulation cryptocurrency Payments Bitcoin 151

PYMNTS

JANUARY 24, 2017

But FedEx Business Insights also found that intra-regional exporting is a major force behind SME growth today, perhaps serving as a stepping stone for small businesses that may have their sights set on global growth ahead. The digital economy is driving this optimism,” the report said.

Regional 100

Regional Analysis Policies Report 100

PYMNTS

SEPTEMBER 30, 2019

(JCBI) have unveiled a partnership that provides international students with a new way to make cross-border tuition payments. Flywire is a payment solution for international students and educational institutions around the world.

Payments 147

Payments Regional Marketing Innovation 147

PYMNTS

JANUARY 6, 2020

Regionally operated payment systems in Jamaica will consequently be regulated more closely. The Central Bank of Jamaica (BOJ) has confirmed it will abide by the Principles for Financial Market Infrastructures (PFMIs).

System 131

System Payments Regulation Security 131

PYMNTS

SEPTEMBER 27, 2018

Want to understand payments innovation in Latin America ? Times are brightening for digital payments and commerce in Latin America. For instance, earlier this year, Visa announced its investment in mobile banking and payment solutions provider YellowPepper. First, let’s talk about ingredients — as in food.

Fintech 179

Fintech Payments America Innovation 179

PYMNTS

NOVEMBER 18, 2020

The pandemic has exposed glaring points of friction in any number of verticals – including banking, where it’s apparent that legacy systems and processes were not designed to handle real-time anything, and certainly not payments. economy is proving to be a tailwind for faster payments and processes. That said, the U.S. The Three Is .

Payments 245

Payments System Innovation Management 245