Payments News

On The Web

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Providers

BBVA Open Platform Helps Firms Move Money in Real-time

“BBVA’s API-powered open banking platform has launched a real-time payments service, powered by Visa Direct, for US companies. Its latest offering takes advantage of Visa Direct to let companies, through a single integration with the platform’s Move Money API, offer their customers frictionless, real-time payments to and from eligible debit cards.”
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Global

Swedish Banks Set up P27 Migration Committee

“The Swedish Bankers’ Association has formed a P27 Migration Committee, as the country prepares to replace its payment rails with a new pan-Nordic real-time cross border platform. P27’s initial goal is to enable real-time, batch, domestic and cross-border payments to be carried out quickly and at low cost between people and businesses within the countries […]
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On The Wires

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Standards

ASC X9 Expands Mission of Corporate Banking Committee To Become an Industry Focal Point for Faster/Real-time Payments Initiatives

“The Accredited Standards Committee X9 Inc. ( X9 ) today announced that it has expanded the scope of its X9C Corporate Banking Committee to add focus on faster/real-time payments. The group is newly empowered to track all faster payments activity in the financial industry, and the intent is for it to become X9’s central point […]
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Systems

Alacriti Now a U.S. Faster Payments Council Member

“Alacriti , a SaaS-based fintech company specializing in payments, today announced that it has joined the U.S. Faster Payments Council (FPC), a membership organization dedicated to advancing faster payments in the United States. Alacriti brings its deep expertise in banking and payments and experience working with various financial institutions to help guide the market in […]
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Systems

MetaBank® Joins U.S. Faster Payments Council

“MetaBank® today announced it has joined the U.S. Faster Payments Council (“FPC”). MetaBank, N.A. (“Meta”) is committed to leading the enablement of payments technology, and this announcement marks its latest expansion within the faster payments space. Meta is a federally chartered bank, a subsidiary of Meta Financial Group, Inc.® and a leader in providing innovative financial solutions […]
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