Payments News

On The Web

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Providers

From Then to FedNow: Payments Innovation and the Federal Reserve

“In August 2020, the Federal Reserve achieved a key milestone in FedNow’s development, marked by the announcement of the service’s features and functionality.5 At initial release, planned for 2023 or 2024, the service will provide a clearing and settlement infrastructure that enables participating financial institutions to provide safe and efficient instant payment services in near real-time, […]

On The Wires

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Providers

Jack Henry Joins ABA in Helping Bankers Promote Financial Inclusion

“Jack Henry & Associates, Inc.® (NASDAQ: JKHY ) is a leading provider of technology solutions and payment processing services primarily for the financial services industry. Its Jack Henry Banking ® division announced today that, as part of an American Bankers Association (ABA) initiative, it has committed to equipping banks nationwide with Bank On -certified accounts. These accounts […]
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Deals

Global Processing Services Continues International Growth with Visa Investment

“Leading payments issuer processor, Global Processing Services (GPS) has secured a strategic investment from strategic partner, Visa Inc., the world’s leader in digital payments. Backed by UK growth private equity firm, Dunedin, this strategic investment will accelerate GPS’ global expansion, following its success in launching new and innovative fintechs and digital banks in Europe and […]
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Providers

Finastra Launches Pre-Packaged Payments Solution for Small and Mid-Sized Banks

“Finastra today revealed Fusion Payments To Go – its payments solution aimed at small and medium-sized banks looking to implement domestic and cross-border payment services in Europe, the US and South Africa. The solution comes pre-packaged, with reduced fixed implementation costs, and rapid, secure and scalable deployment in the cloud on Microsoft Azure.”
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Providers

100 Financial Institutions to Provide Real-Time Payments With Jack Henry

“Jack Henry & Associates, Inc. (NASDAQ: JKHY ) is a leading provider of technology solutions and payment processing services primarily for the financial services industry. The company announced today that there are more than 100 financial institutions implementing its faster payments hub, JHA PayCenter™, to connect to Early Warning Services’ Zelle Network® and The Clearing House’s […]
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Providers

FIS Offers Simplified Contracting and Pricing Model for Qualifying Community Banks and Credit Unions

“Financial services technology leader FIS ™ (NYSE: FIS) today announced a simplified pricing and contracting model for qualifying U.S. community banks and credit unions that enables them to bring innovative new products and services to market more quickly, control expenses, and maximize the efficiency and resiliency of their operations – better positioning them for success […]
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Providers

JHA BankAnywhere Offers Open, Digital Banking Platform

“Henry & Associates, Inc. (NASDAQ: JKHY ) is a leading provider of technology solutions and payment processing services primarily for the financial services industry. Its Jack Henry Banking ® division today introduced JHA BankAnywhereSM, a cloud-based digital banking system built on proven core and digital platforms. JHA BankAnywhere is available to any bank regardless of its […]
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Providers

Worldpay From FIS Opens New Doors for JCB Card Acceptance in Japan

“FIS ™ today announced an agreement with JCB, the leading issuer and acquirer in Japan and a global payment network. Worldpay, FIS’ global eCommerce platform, will allow businesses operating in Japan to accept payments by JCB cards. With this agreement, Worldpay now provides a comprehensive eCommerce solution for enterprise merchants operating in Japan. Worldpay merchants […]