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News, Partnership

Remitly partners with Visa to send funds across borders

Remitly have announced plans to further modernise international payments by adding another stream to the Remitly digital money transfer platform using Visa Direct, Visa’s real-time push payments platform. Remitly and Visa plan to work together to provide the ability to send funds from the U.S. to eligible Visa debit cards across borders. Transferring money across borders […]

News, Partnership

PayPal enables Instant Transfer to banks for faster cash access

PayPal is rolling out a capability that allows its users to instantly transfer money sent to them via PayPal straight into their bank accounts. This service has been enabled through their partnership with JPMorgan Chase. This will be rolled out for businesses in the US, with international expansion expected in the near future. Instant Transfers […]

Bank, News, Partnership, Technology

ABN Amro selects SIA to cope with instant payments growth

SIA is providing instant payment connectivity to ABN Amro, one of the largest banks in the Netherlands, linking it to EBA Clearing’s pan-European RT1 clearing and settlement (CSM) platform. The network infrastructure SIAnet is intended to meet the requirements of instant payments in terms of security, reliability, ease of integration with any application environment and […]

Bank, News, Partnership

Cryptocurrency exchange Coinbase strikes deal with Barclays

Digital currency exchange Coinbase has been granted an e-money license by the UK’s Financial Conduct Authority (FCA) and has indirectly joined the Faster Payments Scheme (FPS) through a partnership with Barclays Bank. Barclays is the first UK bank to strike a deal with a cryptocurrency exchange, in an effort to make it easier for British customers […]