ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, and VocaLink, a global payments systems company, today announced a partnership to offer a complete end-to-end immediate payments solution to launch a domestic or regional immediate payments network.
The Clearing House is to use an IBM Power8-based system infrastructure running Linux and AIX operating systems as the hosting platform for its forthcoming move to real-time payments.
VocaLink, the global payment partner to banks, corporates and governments, today announced that Don Chow has joined the firm as Senior Vice President, Asia Pacific. Based in Singapore,
Raphaels Bank is to begin offering Faster Payments services to UK fintech companies as it becomes the first new bank to connect directly to the scheme since its inception in 2008.
The Payment Systems Regulator (PSR) has called for an overhaul of the UK's payments infrastructure to generate more competition and meet consumers' needs.
MasterCard has agreed to pay about £700 million to buy 92.4% of VocaLink, the bank-owned operator of the UK's Faster Payments system and Zapp mobile service.
Open access to real-time payments in the UK is moving from concept to reality with a fifth aggregator Fintech being awarded the ‘trust mark’ certificate required to provide direct technical access to Faster Payments and four new Payment Service Providers (PSPs) scheduled to join the scheme before the end of the year.
Simon Newstead, Head of Strategic Business Development, VocaLink, pinpoints the key challenges surrounding PSD2, how we can learn from the PSD1 implementation and how well instant payments could work alongside the upcoming regulation.
George Evers, Head of International Product Development, Immediate Payments, VocaLink, discusses the potential impact of the pan-European instant payments scheme, and what banks can learn about innovation from existing schemes.
VocaLink today announces its new “Pay by Bank app” service is soon to be available to customers of four of the UK’s biggest banks.
© Finextra Research 2019