Tag: payments

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LGT in Liechtenstein taps Finastra for instant payments

Partnership Announcement:Entities Involved: LGT (private banking and asset management group) and Finastra (provider of financial technology solutions). Objective: Launch instant payment services....

Spanish paytech PayRetailers acquires Transfeera to drive Brazilian expansion

Overview:Acquirer: Spanish paytech PayRetailers. Target: Transfeera, a Brazilian platform for payment processing and bank data validation.Details of the Acquisition:Assets Acquired: Transfeera’s technology,...

Santander and Iberpay in Spain join EPC’s OCT Inst scheme as inaugural participants

Overview:Participants: Spanish banking giant Santander and payment services firm Iberpay. Scheme: One-Leg Out (OLO) Instant Credit Transfer (OCT Inst) by the European Payments...

Commerce Bank goes live with instant payment service FedNow through Temenos Payments Hub

Commerce Bank Modernisation Strategy:Commerce Bank, headquartered in Kansas City, has gone live with the FedNow instant payments service. This is part of...

French fintech Lydia launches digital banking app Sumeria

Company Overview:French fintech start-up Lydia. Originally launched in 2013 as a P2P payments app. Currently serves 8 million users in France, Spain,...

WaFd Bank to deploy Fiserv’s CashFlow Central for small business customers

WaFd Bank Partners with Fiserv:US-based WaFd Bank has collaborated with Fiserv to deploy a new digital payment and cash flow management solution...