Payments

Napier Provides AML Controls for Cross-Border Payments Specialist ONEPIP

Napier, provider of advanced anti-financial crime compliance solutions, has announced that cross-border payment specialist ONEPIP will be using its technology as part of the latter’s upgraded anti-money laundering (AML) controls. The regtech firm’s AI-led transaction monitoring, client activity review and

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Rapyd Powers PromptPay Acceptance on Google Play Thailand

Global Fintech-as-a-Service platform Rapyd enables PromptPay, Thailand’s national payment service with 55.1 million registered users with 20 million transactions a day, as a payment option on Google Play. Rapyd supports local payments for Google in the country through its collaboration with

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ACI Worldwide Expands Partnership With Microsoft To Offer Cloud Payments Platform

ACI Worldwide, a global provider of real-time payments and digital payment software solutions, announced an expanded multi-year strategic alliance with Microsoft to deliver payments solutions in the cloud. The alliance will accelerate and expand ACI’s cloud payments offerings in Microsoft

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MAS Green Lights Expansion of Tranglo’s Payment Functions

Tranglo, a cross-border payment processing hub, announced that it received new approvals from the Monetary Authority of Singapore (MAS) to provide account issuance, domestic money transfer and e-money issuance services. The license was granted under the Payment Services Act (PSA) which ensures

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Virtual Card Payments Are Picking Up Pace, India To See Strong Growth

The global pandemic forced people, even the less tech-savvy ones, to shift from a physical world to a virtual one. Whether it was shopping or team meetings at work, almost overnight, they were shifted to digital mediums. While everyone hopes

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SWIFT Go Is Now Live With 7 Global Banks for Low Cost Cross-Border Payments

SWIFT announces the launch of SWIFT Go, a new service that enables small businesses and consumers to send fast, low-cost cross-border payments anywhere in the world, direct from their bank accounts. Seven leading global banks are now using SWIFT Go

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BIS, MAS Plots Blueprint for a Global Real-Time Retail Payments Network

The Bank for International Settlements Innovation Hub Singapore Center and the Monetary Authority of Singapore (MAS) published a proposed blueprint to enhance the global payments network connectivity via multilateral linkages of countries’ national retail payment systems. Titled Project Nexus, this

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OCBC First to Integrate With IRAS to Enable Direct Payment of Taxes

OCBC Bank is the first in Singapore to collaborate with the Inland Revenue Authority of Singapore (IRAS) to enable customers to have a seamless review and payment of their income and property taxes within a single digital platform, according to

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Thunes Acquires Paris-Based Limonetik to Expand Its Cross-Border Payments Platform

Cross-border payments firm Thunes has announced the acquisition of its European counterpart Limonetik which is one of the earliest developers of an alternative payment methods platform suitable for international merchants and marketplaces. Similar to Thunes, the firm closely partners with payment

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How Will PayPal and Citi Fare in Australia’s Crowded BNPL Space?

Competition is heating up in Australia’s buy now, pay later (BNPL) market as US digital payments giant PayPal and incumbent bank Citi are entering the \vercrowded space. Just last week, PayPal launched its BNPL service to retailers in Australia, a

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