ACI Worldwide has teamed with Mexipay to promote real-time payment use in Mexico. The partnership, announced Tuesday (Nov. 28), will see Mexipay use ACI’s payment platform to deploy ISO 20022 real-time payments and other payment services in Mexico. “Mexico was an early adopter of real-time payments, with its Sistema...
Global real-time payments platform Volt has expanded into Australia. Already established in the United Kingdom, Europe and Brazil, Volt is taking another step in its plan to meet the demand for real-time payments across the globe, the company said in a Wednesday (Nov. 22) press release....
The demand for real-time payments is soaring, with The Clearing House’s RTP® network, the flagship real-time payment system in the United States, now serving 65% of all demand deposit accounts in the country. Experts predict that the transaction volume for real-time payments in the U.S....
CaptivateIQ has unveiled its real-time commission platform built specifically for enterprise scale. The new SmartGrid brings both speed and scale to enterprise commissions by managing, modeling and calculating them at a scale of up to 50 million records of data per sync and a speed of 12 seconds...
Yedpay, a Hong Kong-based payment technology company, has partnered with Mastercard to provide a new payment tool for real-time cash flow. Through their collaboration, they aim to use “One Touch” payment technology to optimize the sequence of cash flow from collection to payment to settlement for...
The Fedwire service continues to gain adherents and promises to transform payments. And as ISO 20022, the data-rich messaging standard, moves through a staggered implementation schedule across the global stage, Laura Sullivan, senior product manager at Form3, said Fedwire is poised for its own transformation....
Real-time payments have revolutionized how money moves in the global economy. In an era defined by rapid technological advancements and increasing consumer demand for convenience and efficiency, real-time payments, also known as instant payments, have become the modern benchmark for financial transactions. Real-time payments are...
ACI Worldwide’s third-quarter earnings results released Thursday (Nov. 2) showed a boost to the top line, underpinned by its bank segment as financial institutions seek to modernize their operations and ready for real-time payments. During a conference call with analysts, CEO Thomas Warsop noted that...
Three months ago, the FedNow® Service launched to much fanfare, heralding the second real-time payments network now live and fully operational in the United States. Since then, about 100 banks have signed on — a start, to be sure — but only a sliver, given...
