global banks

Matera Launches Digital Twin for Handling Real-Time Transactions
Matera Launches Digital Twin for Handling Real-Time Transactions
September 05, 2023  |  Payment Methods

Matera has launched cloud-native software designed to sit on top of a financial institution’s core banking platform, enabling real-time transaction authorizations and balance updates 24/7 for...

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Study: FIs Must Be Stronger To Prepare For Economic Slump
Study: FIs Must Be Stronger To Prepare For Economic Slump
October 22, 2019  |  Banking

McKinsey’s annual review of global banks shows that financial institutions are generally not strong enough to weather an economic slump, Bloomberg reported on Monday (Oct....

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EU’s Transfer Service Takes Aim At PayPal
EU’s Transfer Service Takes Aim At PayPal
November 30, 2018  |  International

The European Central Bank launched the TARGET Instant Payment Settlement, or TIPS, on Friday (Nov. 30), with the aim of competing with PayPal and other...

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Moving Banks, Big And Small, To Real-Time Payments
Moving Banks, Big And Small, To Real-Time Payments
May 04, 2016  |  International

Several nations around the globe have been fine-tuning, or readying, faster payments initiatives to bring speed and security to fund flows. Tom Hay, head of...

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