This year's report shifts its focus to explore the significant opportunities for banks and payment service providers (PSPs) to support corporate treasuries and commercial enterprises.
BNY Mellon (NYSE: BK), in collaboration with Datos Insights, today released a report examining the ongoing growth of real-time payments as a result of increasing demand from consumers for faster payment options. The reports finds that a focus on faster payment rails represents a significant market opportunity – and businesses that are not investing in new payments technology could find themselves at a competitive disadvantage.
EBA Clearing has recruited nine banks from six countries to undertake data model training for a new fraud fighting feature for account-to-account and instant payments.
UK-based fintech Paysend has announced its partnership with Visa in order to offer its customers around the world improved international money transfers
French Treasury Management fintech Fipto has raised €15 million in seed funding that it will use to accelerate its platform that enables companies to manage their corporate treasury and make international payments in fiat and digital currencies using blockchain technology.