Payments News

On The Web

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Systems

With Real-Time Networks on the Way, Processors Prepare to Give Businesses a Piece of the Action

“As consumers adopt real-time payments in the coming years, payments providers are expecting businesses large and small to follow suit. News released Monday indicates preparations are already under way. Canadian processor Everlink Payments Services Inc. and Fintainium Inc., a Jacksonville, Fla.-based developer of cloud-based technologies for financial institutions, have agreed to develop real-time capability for […]
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On The Wires

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Systems

Zelle Network® Exceeds One Billion Payments in 12 Months, Setting a New Record for the Payments Network

“Early Warning Services, LLC, the network operator behind Zelle®, today announced that during the past 12 months (September 2019 – September 2020), the Zelle Network processed more than one billion payment transactions. In Q3 2020, the Zelle Network processed 323 million transactions, totaling $84 billion in money sent — an increase of 17% and 18% quarter-over-quarter, respectively.”
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Systems

MetaBank Announces Partnerships with Finix and TabaPay to Offer Faster Payments

“MetaBank,® N.A. (“Meta”) today announced the expansion of its faster payments platform to include processors Finix and TabaPay . Meta is committed to leading the enablement of payments technology, and this announcement marks its latest expansion within the faster payments space. With this addition of Finix and TabaPay, Meta is giving its partners numerous options to […]