Tag: Real-time payments

UAE’s digital leap: How regulatory sandboxes fuel AML compliance

The United Arab Emirates (UAE) is experiencing a notable economic surge, becoming a magnet for foreign investments and job opportunities. This economic growth is coupled with ambitious plans under the UAE Digital Economy Strategy launched in April 2022, aiming to increase the nation's GDP contribution from digital services from 9.7% in 2022 to 19.4% over the next decade. The strategy positions the UAE as a pivotal digital economy hub both regionally and globally.

Mashreq leads with new API-enabled instant payment services in UAE

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.

NPCI joins forces with Peru Central Bank to launch UPI-based payments...

NPCI International Payments Limited (NIPL) has partnered with the Central Reserve Bank of Peru (BCRP), the primary monetary authority in Peru. According to India Technology...

The UK dominated European PayTech in 2023 with a 40% share...

Key European PayTech investment stats in 2023: • European PayTech companies raised a combined $1.5bn in 2023, a 81% drop from 2022 • European PayTech deal...

European PayTech investment declined over 80% in 2023 despite higher adoption

Key European PayTech investment stats in 2023: • European PayTech companies raised a combined $1.5bn in 2023, a 81% drop from 2022 • European PayTech deal...

Volt’s launches real-time payment tech in Australia

Volt, a pioneering real-time payments platform based in the UK, has recently announced its expansion into Australia. The company, renowned for its innovative financial technology solutions, has been growing rapidly, extending its services beyond the UK, Europe, and Brazil.

AppBrilliance secures strategic investment from Trust Ventures amid growth plans

AppBrilliance, a pioneering platform for real-time Account-to-Account (A2A) payment acceptance, has closed a strategic investment round led by Truist Ventures.

Whillet taps Visa to introduce next-level payment platform for U.S. used...

Financial startup Whillet has announced a collaboration with global payments giant Visa that is designed to introduce a next-level payment platform for the U.S. used car market.

ACI Worldwide appoints Abe Kuruvilla as chief technology officer

ACI Worldwide (NASDAQ: ACIW), a global leader in mission-critical, real-time payments solutions, has made a strategic appointment by naming Abe Kuruvilla as its Chief Technology Officer (CTO).

Veem expands real-time payments capabilities

Veem, a leading provider of global accounts payable and receivable solutions for businesses, has expanded its real-time payment capabilities, by releasing of virtual cards for small businesses in the U.S. 

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