Tag: instant payments
Trustly transaction value soars 79% as demand for instant payments grows
Open Banking payments group Trustly has revealed a significant surge in transaction value in its latest 2023 Q4 results.
The private company states that its...
EU 10 second instant payment rules to come into effect after...
Payment service providers active in the EU will now be required under European Commission regulations to offer merchants instant payments within 10 seconds.
The implementation...
OKTO lands ‘major milestone’ in European expansion
OKTO has confirmed the expansion of its real-time cash-to-digital payment service into Spain, Germany, Greece, and Croatia.
The expansion will place a focus on merchants...
Timelines for EU instant payment goals ‘extremely ambitious’
The Council and the European Parliament reaching a political agreement on the instant payments proposal has been widely praised by the finance sector, however,...
FedNow fine tunes frameworks as it prepares to evolve US payments
As its launch is set to evolve instant payments in the US, the FedNow has laid out frameworks as it looks to provide scale...
TrueLayer calls on EU to combine Open Banking and instant payments
Payment network TrueLayer has called on the European Union (EU) to integrate further Open Banking measures in its regulations to keep up the pace...
SumUp provides UK merchants with instant money access
Global fintech SumUp has launched 7AM payouts in the UK, a “first-of-its-kind” feature giving merchants near-instant access to their money.
As the UK cost-of-living crisis...
Miriam Sheril, Form3: FedNow will have ‘huge impact on payment ecosystem’
With the Federal Reserve’s ‘FedNow’ service being live for just over a month now, more American enterprises and businesses abroad are applying for certification...
Brite Payments to power instant payments in Denmark
Swedish fintech Brite Payments has announced the expanded its product coverage with the launch of open banking-powered instant payments and payouts in Denmark.
With full...
Trustly VP of Banking Partnerships – Eric Foust: Why FedNow is...
The launch of the FedNow payment rail in the US could prove to be one of the most significant payment shifts for the country...
