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©Spitch
Since the beginning of October this year, Migros Bank customers have been receiving telephone service around the clock thanks to an innovative voice bot. As a first step, a voice biometrics solution was introduced in 2019 for telephone calls in the customer center. This offers the possibility of recognizing and authenticating callers by voice. On this basis, further automated services…
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SurePay, inventor of the IBAN-Name Check, is thrilled to introduce the SurePay Developer Portal. This innovative platform serves as a comprehensive resource for developers and partners seeking to harness the full potential of SurePay’s API products. SurePay launched the developer portal to make implementations even more easy and fast.Companies, Governmental Organisations and Banks can connect to the Surepay API autonomously. …
©Swiss Payment Forum
From August 2024, large banks in Switzerland shall be able to process Instant Payments. The European Commission even goes one step further and wants to make Instant Payments the “new normal” in the SEPA system. In addition to high availability, “Instants” are to become cheaper, more trustworthy, and easier to process. Additional services, such as the IBAN-name-check, to show discrepancies…
©nuvei
Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), and Esenda, a leader in school fee management in the independent school market, announce today that they have partnered to launch an online Tuition Fee Collection and Income Management Platform. Integrating Nuvei’s sophisticated payment technology with Esenda’s comprehensive fee management platform offers education providers a groundbreaking solution that not only…
©alicephoto / 123RF.com
The Brainy Insights estimates that the USD 1,548.36 Billion in 2022 B2B payments market will reach USD 3,795.34 Billion by 2032. Rapid automation and digitalization increased international trade, and corporate sector expansion strategies have all contributed to the growth of the global B2B payments market. The increase in cross-border transactions involving more suppliers, retailers, and businesses also contributed to market growth.…
©OpenWay
BNPL (Buy Now, Pay Later) wallets are no longer positioned as an invincible challenge to international card schemes. Even the most successful BNPL app providers have opted to collaborate with supposed rivals. Afterpay, for instance, has introduced the Afterpay Plus card, a contactless Mastercard product, and Klarna extended its popular “Pay in 4” service into a physical Visa card format.…
©dolgachov / 123RF.com
Today, three of the world’s largest financial market infrastructures (FMIs) – DTCC, Clearstream, and Euroclear – released a paper on the state of the industry’s digital asset evolution. The paper calls for increased collaboration to progress an ecosystem that currently includes fragmented standards, varying regulatory treatment, limited integrations with institutional-grade payment rails and siloed liquidity – all limiting factors to…
©nicoelnino / 123RF.com
The Capgemini Research Institute’s 2023 World Payments Report, published today, reveals non-cash transaction volumes will reach 1.3 trillion by 2023 globally. As consumers and businesses adopt new digital payment schemes, the report suggests this growth will accelerate to 2.3 trillion by 2027 growing at a rate of 15% annually. At a regional level, digital payments will grow by 19.8% across…
©stylephotographs / 123RF.com
Quadient (Euronext Paris: QDT), a leader in helping businesses create meaningful customer connections through digital and physical channels, announces a technology partnership with Atlanta-based Repay Holdings Corporation (NASDAQ: RPAY)(“REPAY”), a leading provider of vertically-integrated payment solutions, to enhance the payment experience within Quadient’s cloud-based accounts payable (AP) automation solution. REPAY serves multiple Business Payments verticals in North America, including retail…
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VizyPay, a payment processing fintech that serves small businesses in rural America, announces its strategic partnership with Clear Lake Bank & Trust. Unified by a shared mission to uplift small businesses, this partnership will provide Clear Lake Bank & Trust customers access to VizyPay’s cost-effective and user-friendly payment technologies. Through this relationship, Clear Lake Bank & Trust’s small business customers…
E-Invoicing Exchange Summit Europe: ViDA and the Major Industry Trends, Challenges and Opportunities
European Commission’s VAT in the Digital Age (ViDA) proposal and its effects on how to issue, exchange, process E-Invoices, and on how to report VAT data will be at the centre of discussions at the E-Invoicing Exchange Summit in Dublin from October 2 to 4, 2023. The presentations and the discussions with international high-level experts will shed light on how…
©stylephotographs / 123RF.com
Breaking industry barriers again, accounting automation software leader BlackLine, Inc. (Nasdaq: BL) announced a five-day implementation for midsize companies. With BlackLine 5-Day Fast Track, new customers can ‘Go live in 5’ and be up and running on BlackLine’s market-leading financial close management platform in time for their next month-end close. Midsize organizations often don’t have the time or resources to…