SEPA to Migrate to ISO 20022 Next March
Sepa Credit Transfer, Sepa Instant Credit Transfer, Sepa Direct Debit Core, and SDD Business-to-Business are postponed to migrate to ISO 20022 in March 2024, instead of this November.
payments - page 27
U.S. Bank Launches Avvance Installment Payment Tool
U.S. Bank announced the launch of a tool, the use of which provides businesses with the opportunity to offer consumer financing at points of sale.
Mastercard and Remitly Integrate Solutions to Expand Remittance Access
With the new integration of Send and Cross-Border Services by Mastercard, the Remitly platform will offer its customers more choices in remittance methods.
BNP Paribas and 321founded Present Payment Management Tool
The French banking group BNP Paribas has created a fintech company that is focused on European e-commerce players.
Aani Instant Payments Platform Launches in UAE
Aani, an instant payments platform, aims to transform the landscape of digital payments in the UAE, ushering in a new era of seamless, secure, and instant digital payments.
Ferrari to Sell Cars for Crypto in US
US citizens will soon be able to buy luxury Ferrari vehicles with crypto. Europe is next in line.
Lloyds Launches New Merchant Tools
British Lloyds Bank announced the expansion of cooperation with the FreedomPay commerce platform, which is focused on the consumer.
5 Common Misconceptions About Payment Software Development
In the rapidly evolving landscape of the fintech industry, payment software development stands as a cornerstone of innovation. How businesses handle transactions, manage financial data, and ensure secure payments profoundly impacts their growth and competitiveness.
Swedish FinTech Brite Payments Raises $60 Million
The Swedish fintech company Brite Payments announced that it managed to raise investment funds in the amount of $60 million.
UBank and Aeropay to Provide Financial Services for Gaming Industry
The financial institution UBank, which is based in Texas and focuses on the community, and Aeropay, a payment technology company, announced the conclusion of a strategic cooperation agreement.
Citi Launches BNPL Option for Costco Anywhere Visa Cardmembers
Citi announced that Visa Costco Anywhere cardholders now have access to the Citi Flex Pay Buy Now, Pay Later (BNPL) option.
Visa Partners With ABHI and YellowPepper
Visa announced the establishment of partnerships with ABHI and YellowPepper in order to scale the implementation of payments from account to account (A2A).
Mercedes Pay+ Introduces In-Car Biometric Payments
The partnership between Mercedes and Mastercard enables embedded in-car payments via fingerprint sensor
Mobile Money Increases Financial Inclusion in Tanzania: Report
A consumer survey on Tanzanian financial needs and preferences revealed that formal financial inclusion in the country has increased considerably over the past six years
Tipalti Launches Expense Management and Automation Tool
The Tipalti finance automation platform presented a solution for managing expenses and automation called Tipalti Expenses.
AppFolio Launches AI-Powered Payment Options for Property Managers
AppFolio announced the addition of generative artificial intelligence capabilities and new payment methods to its cloud solutions designed to manage real estate business.
Payments are the transfer of money between two parties in exchange for goods, services, or to settle obligations. They can be made through various online and offline methods like cash, cards, bank transfers, mobile wallets, or digital currencies.
Payments are foundational to the fintech industry. They represent the most frequent and essential financial interaction between individuals, businesses, and institutions. In fintech, innovations in payments focus on making transactions faster, affordable, more secure, and inclusive.
These money transfers are often the entry point for broader digital financial services, such as lending, insurance, or investment, and play a key role in driving financial inclusion and global commerce.
Breaking News
© 2025 PAY SPACE, LLC
03148 Ukraine, Kyiv, 2A P.Kurinoho str.