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Doha Bank and Nium to Introduce Real-Time Cross-Border Payments in Qatar

PRNewswireOctober 22, 20244 min
Nium, the leading global infrastructure for real-time cross-border payments, is thrilled to announce its strategic partnership with Doha Bank, a premier financial institution in Qatar. This collaboration marks Nium’s inaugural partnership in Qatar, underscoring its commitment to revolutionizing the landscape of international payments. Central to this collaboration is the commitment to offer fast, reliable, and cost-effective remittance services to residents of Qatar. By harnessing Nium’s expertise in facilitating seamless cross-border payments, coupled with Doha Bank’s localised insights and market...

Broadridge Rolls Out Instant Payments Service, Meeting EU Regulations

PRNewswireOctober 18, 20244 min
Broadridge Financial Solutions, Inc., a global Fintech leader, announced the launch of its highly resilient and scalable managed service for connectivity, message processing and workflow management for instant payments. The Broadridge service supports real-time money transfers, operating 24/7/365, with transaction processing times of under 10 seconds from payer to beneficiary. Broadridge’s Instant Payments Service utilises the Swift Alliance Gateway Instant (AGI), which offers a highly resilient infrastructure designed specifically to support instant payments messages, connecting...

PaymentWorks Achieves TX-RAMP Compliance

GlobeNewswireJune 22, 20233 min
PaymentWorks, a digital supplier onboarding platform for secure, compliant and optimized business payments, is thrilled to announce its successful attainment of TX-RAMP compliance. This significant accomplishment comes after an intensive, more than year-long process and is essential for maintaining business operations with state agencies in Texas. TX-RAMP, the Texas Risk and Authorization Management Program, introduces a standardized approach to assess the security, authorization, and continuous monitoring of cloud computing services that handle state agency data. It...

TerraPay & SendMN to pave the way for seamless cross-border payments

PRNewswireJuly 19, 20227 min
On its journey to strengthen and unify the global payments ecosystem, TerraPay – a leading global payments infrastructure company has partnered with SendMN NBFI. Based out of Mongolia, SendMN is a leading money transmitter & non-bank financial institution. Through this partnership, both companies aim to simplify the complexities & ease the challenges associated with borderless payments. The costs of sending cross-border payments are really high, slow & not secure. This partnership is a step towards achieving...

Volante Technologies wins Innovative Payment Solutions Provider

PRNewswireMay 30, 20225 min
Volante Technologies, the global leader in cloud payments and financial messaging, today announced it has won the 2022 MEA Finance Banking Technology Award for ‘Most Innovative Payment Solutions Provider’. This award highlights Volante’s innovative payments modernization capabilities in the Middle East and Africa regions. This is the second year in a row that Volante has won ‘Most Innovative Payment Solutions Provider’ at the MEA Finance Banking Technology Awards. Banks in the Middle East are having to step-up to the challenge of...

Singapore Payment Firm Thunes Takes Majority Stake in AML

PRNewswireApril 19, 20227 min
Thunes, a Singapore-based global payments company, today announced that it has taken a majority stake in the anti-money laundering (AML) and compliance technology firm, Tookitaki Holding Pte Ltd (‘Tookitaki’) by making an investment of over $20 million. The alliance of both firms empowers the banking and financial services industry to fight money laundering and offer safe and secure payments to customers. Per the United Nations Office on Drugs and Crime (UNODC) estimates, between 2 to 5% of the global GDP, or US$800...
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