Tag: instant payments

Spanish banks using BioCatch have cut fraud attempts by 23% in Q1 2025, the RegTech claimed.

Raiffeisen Bank International has partnered with Wise Platform to transform the international payment experience for its personal and business customers in Central and Eastern Europe (CEE).

The European Central Bank (ECB) has officially welcomed Bulgaria to the TARGET Instant Payment Settlement (TIPS) platform following a successful migration in December 2024.

Fime and BancNet, two pivotal players in the financial technology sector, have formed a strategic partnership aimed at enhancing instant payment services in the Philippines.

In the rapidly evolving landscape of digital payments, the traditional methods of financial crime prevention are proving inadequate. NextGen Client Screening is revolutionizing this arena by integrating advanced automation and configurable systems, aiming to concentrate Financial Crime Compliance (FCC) teams on truly high-risk activities.

Matera, a leading banking software provider, has announced a $100m investment from Warburg Pincus, a prominent global growth investor.

Mashreq, a prominent financial institution in the MENA region, has recently introduced a cutting-edge API-enabled instant payments service for its corporate and institutional clients.

Zūm Rails has announced the launch of a large-scale Banking as a Service (BaaS) project, aiming to expand its platform with bank-like services for enterprise clients.

Instant payments, where funds are received in 10 seconds or less and payment confirmation is available within a minute, are poised to redefine the financial transactions landscape.

Brite Payments, a Stockholm-based second-generation FinTech, has partnered with Shopware, a leading open-source e-commerce platform that boasts a significant presence in Europe, especially in the German market.