Bahrain is set to join other Persian Gulf region countries in a unified payments/settlement system. The country’s Shura Council approved the move this weekend, according to a Monday (May 1) report by Gulf Daily News. In doing so, the council set the stage for Bahrain to link...
Real-time payment systems have transformed how individuals and businesses transact and manage their money around the globe by allowing users to transfer funds instantly without needing physical cash or checks. Users can transfer funds from anywhere, anytime, using their mobile devices or online banking....
A group of big European banks is planning to challenge Visa’s and Mastercard’s positions as the world’s two largest payment processing networks, Electronic Payments International reported. Dubbed the Pan European Payment System Initiative, or PEPSI, the group has the support of 20 French and German...
In order to enhance and ensure security and safety for all stakeholders — including, most critically, customers — the Reserve Bank of India (RBI) last Friday modified the penalties for payment system operators who do not follow regulatory requirements. India’s payment system landscape has experienced...
April 04, 2023
Real-time payment systems have transformed how individuals and businesses transact and manage their money around the globe by allowing users to transfer funds instantly without needing physical cash or checks. Users can transfer funds from anywhere, anytime, using their mobile devices or online banking. This transformation has made payment systems more accessible and streamlined, […]
August 07, 2023
Paymentus added bookings and clients from multiple industries for its cloud-based bill payment solutions during the second quarter. Those industries include retail, insurance, telecommunications, utilities, government agencies, and a global technology service provider, Paymentus Founder and CEO Dushyant Sharma said Monday (Aug. 7) during the company’s quarterly earnings call. “Our bookings results continue to support our belief […]
May 01, 2023
Bahrain is set to join other Persian Gulf region countries in a unified payments/settlement system. The country’s Shura Council approved the move this weekend, according to a Monday (May 1) report by...
July 01, 2020
A group of big European banks is planning to challenge Visa’s and Mastercard’s positions as the world’s two largest payment processing networks, Electronic Payments International reported. Dubbed the Pan European...
June 28, 2019
People who use Polish payment system BLIK will soon be able to pay for things like Netflix and Uber with it, according to a report by Reuters. The chief executive...
