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UK Fintech Modulr Secures Strategic Investment from FIS April 13, 2021 @ 7:57 am By Omar Faridi Modulr, a Payments as a Service API Platform for digital businesses, has revealed that it received a strategic investment from the venture division of FIS. FIS intends to leverage Modulr‘s API-enabled payments infrastructure to carry out and automate real-time, B2B payments in the UK and across Europe as part of FIS’ “broader” real-time payments strategy. As mentioned in the announcement, Modulr notes that it’s tapping into the “massive” B2B payments digitization opportunity by worki...

External | what does this mean? This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Online Payment Platform taps Banking Circle for multicurrency accounts 3 hours ago Source: Banking Circle Online Payment Platform, the Netherlands payment service provider, has selected payments expert and licensed bank, Banking Circle, to enhance its marketplace offering. Online Payment Platform is focused on providing a cost-effective and fast payment solution for over 170 marketplaces such as Nature.h...

Press release content from Business Wire. The AP news staff was not involved in its creation. ACI Worldwide’s Craig Ramsey Appointed to U.S. Faster Payments Council’s Board Advisory Group April 8, 2021 GMT MIAMI--(BUSINESS WIRE)--Apr 8, 2021-- ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payment software and solutions, today announced that the U.S. Faster Payments Council (FPC), a membership organization devoted to advancing faster payments in the United States, has selected ACI’s Craig Ramsey, head of Real-Time Payments, to be part of its FPC Board Advis...

Press release content from Business Wire. The AP news staff was not involved in its creation. ACI Worldwide Honored with Product Leadership Award from Frost & Sullivan for Real-Time Payments April 6, 2021 GMT MIAMI--(BUSINESS WIRE)--Apr 6, 2021-- ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payment software and solutions, today announced that global consultancy Frost & Sullivan has honored the company with the Product Leadership Award for Real-Time Payments. ADVERTISEMENT Frost & Sullivan’s Product Leadership Award recognizes organizations offering a product ...

Huawei OceanStor Dorado all-flash storage speeds transactions in the era of Bank 4.0 Australia’s top four banks have removed 2,150 ATM terminals and closed 175 bank branches since June 2020.  In India, the local real-time payment system, United Payments Interface (UPI), saw an increase in spending by roughly 70 percent over the first seven months of 2020, while in the UK, the average daily transaction value processed by the Faster Payments service rose by more than 10 percent from the fourth quarter of 2019 to the end of March 2020. According to the 2020 McKinsey Global Payments Report, th...