EBA CLEARING has successfully implemented a Europe-wide proof of concept for its Request to Pay (R2P) service.

According to a recent ACI report, while countries like India and China have embraced real-time payment systems and process billions of transactions a day, the U.S. is far behind.

Mastercard and I&M Bank have announced an extension of their strategic partnership aimed at delivering benefits to cardholders in Kenya through a range of competitive and high-value customer propositions offered by I&M Bank's debit and credit cards.

In Asia, QR codes are emerging as a key player in financial transactions. But beneath the surface lies a dilemna of collaboration and competition, particularly between Japan and China.

MasterCard's executive reshuffle over time suggests a potential shift in strategic vision, with an increased focus on three key areas: core payments, commerce expansion and data-driven services.

The European Parliament has passed landmark regulations aimed at reshaping the dynamics of credit transfers within the EU, marking a major shake-up for the financial services industry.。

The convergence of data and payments is proving to be key to unprecedented business growth and delivering unparalleled customer value。

Travelex has partnered with Commonwealth Bank of Australia (CBA), Australia's largest bank, to re-launch its online foreign exchange (FX) cash service.。

Payment service provider Worldline is expanding its partnership with Commerzbank to enable it to offer real-time euro transfer services to its customers in selected European countries.。

Elon Musk's social media platform X is preparing for a revolutionary transformation, bringing peer-to-peer payments into its business.。

Singapore's PayNow and Malaysia's DuitNow launch real-time payment systems that allow users to now make person-to-person money transfers, enabling seamless cross-border financial transactions。

Fed launches real-time payment system that enables U.S. users to transfer money electronically。Federal Reserve Chairman Jerome Powell said in a statement released on July 20 that the new system makes daily payments faster and more convenient。