Tag: payments

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European Parliament authorises new regulations for instant money transfers

The European Parliament has adopted new regulations aimed at ensuring euro money transfers arrive in bank accounts "within ten seconds" throughout the EU. ...

ICYMI fintech funding round-up: Navro, Finally, Cashinvoice, SUMA Wealth and more

Navro (formerly Paytrix) secures $14 million in an internal funding round led by Bain Capital and Unusual Ventures. The London-based digital payments firm...

Germany’s Commerzbank taps Surecomp to revamp trade finance back office

Commerzbank has chosen Surecomp, a Canadian trade finance solutions provider, to automate its trade finance business's back-office processing capabilities. The Frankfurt-based bank has...

Fat Zebra bolsters CDR capabilties with acquisition of Aussie open data platform Adatree

Australian payments processor Fat Zebra has acquired Sydney-based Adatree, a platform for the Australian Consumer Data Right (CDR). Adatree's platform allows companies in...

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...