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Finastra’s Paul Thomalla explains the risks and opportunities that UK banks need to consider amid the transition to the New Payments Architecture.
Volt’s CRO Matt Komorowski said the partnership “demonstrates the global acceleration of real-time payments across many sectors”.
The international bank will use Salt Edge’s PSD2 Compliance Solution to create a “bespoke” banking experience for its customers.
Australian consumers will be able to borrow additional funds through Beforepay’s wage-advance product on Western Union’s digital channels.
The partnership will improve the payments experience, by giving merchants and corporate customers of National Bank of Kuwait (NBK) Bahrain “smart, secure, and convenient” payments acceptance platforms.
The total value of transactions using Ecospend’s technology prior to this year’s Self Assessment tax deadline was 64% higher than in 2022.
Account-to-account payments are now the preferred payment method at e-merchants in Colombia, surpassing credit cards.
A joint report from the banks explores the “common threads that bind” both Australia’s CDR and the UK’s Open Banking regime.
The e-wallet provider’s new solution, MiFinity Instant Bank Transfer, is powered by the Open Banking payments platform.