The European Payments Initiative (EPI) is looking to create a payments firm that can take on some of the biggest U.S. FinTechs and payments companies, Financial Times (FT) reported on Monday (May 3). “The idea is to build a European payment champion that can take...
ACH volume hit new records in the year’s first quarter, driven in part by a surge in B2B payments adoption. But as this week’s Payment Rails Innovation Tracker demonstrates, competition between networks is on the rise as innovators embrace multi-rail strategies to streamline the movement...
To get a sense of the present state — and future — of instant payments, look to Italy. It has pulled ahead of its EU neighbors in developing real-time payments technology and in recruiting banks to adopt it. It’s a trend that has been encouraged...
New payments infrastructure continues to gain traction with financial service providers looking to modernize their services for business clients. In the U.S., The Clearing House’s RTP finds expansion within the community bank arena, while abroad, the Bank of Thailand is planning its own infrastructure development...
February 01, 2021
To get a sense of the present state — and future — of instant payments, look to Italy. It has pulled ahead of its EU neighbors in developing real-time payments technology and in recruiting banks to adopt it. It’s a trend that has been encouraged by the Italian Banking Association, whose official role is to […]
December 17, 2019
Payment rails are getting more attention these days, and there is an increasing focus on offering a standardized, relatively seamless experience that can be locked and loaded by various operators...
March 19, 2023
Business data FinTech ForwardAI has unveiled an update to its Precise API tool to help streamline financial decisions. First launched in 2021, Precise is an application programming interface (API) that offers cash flow, accounting and financial data for small- to medium-sized business (SMB) lending. The update “provides small-business lenders with a faster and more powerful version of the Precise […]
May 03, 2021
The European Payments Initiative (EPI) is looking to create a payments firm that can take on some of the biggest U.S. FinTechs and payments companies, Financial Times (FT) reported on...