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Worldline to cut workforce by 8% with €200m cost-saving initiative Power24

Paris-listed payments firm Worldline plans to cut its global workforce by approximately 8%, resulting in the termination of around 1,400 positions. The initiative,...

Nepal Clearing House selects ACI Worldwide to power National Payment Switch service

Nepal Clearing House (NCHL) has partnered with ACI Worldwide to leverage its enterprise payments platform for its upcoming National Payment Switch (NPS) system. ...

India’s Tata Consultancy Services reportedly in the race to run UK’s Faster Payments service

Tata Consultancy Services (TCS) is reportedly in contention to take over the administration of the UK's Faster Payments network from Mastercard-owned Vocalink. The...

CFPB proposes new laws to stamp out NSF fees for transactions declined in real time

The US Consumer Financial Protection Bureau (CFPB) proposes a ban on fees for non-sufficient funds (NSF) charged by banks, credit unions, and certain...

NPCI teams up with Google Pay to expand UPI beyond India

Partnership: Google Pay India and NPCI's international payments subsidiary sign MoU for UPI expansion. Objectives: Three main goals include enabling global travelers to use UPI,...

ClearBank names Paul Staples as new group head of embedded banking

New Appointments at ClearBank:ClearBank, the UK-based clearing and embedded banking platform, has appointed Paul Staples as its new Group Head of Embedded...

Banco de España announces partners for wholesale CBDC trials

CBDC Trials in Spain:Banco de España, Spain's central bank, has awarded contracts for a six-month pilot project to trial the use of...

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