"ICICI Bank announced that it has enabled NRI customers to use their international mobile number to make UPI payments instantly in India, thereby significantly enhancing their convenience of making everyday payments."
Visa Inc. and J.P. Morgan Payments Forge Strategic Collaboration to Revolutionize Faster Money Movement in the US through Visa Direct
"Visa Inc. and J.P. Morgan Payments announced a strategic collaboration that aims to enhance merchant experiences, empower cardholders, and drive innovation for J.P. Morgan Payments’ customers, with the introduction of faster domestic payments in the US, through the...
China’s Ant Group Doubles Down on Global Expansion With Cross-Border Payments Offering Alipay+
"Ant Group is looking to expand into the payments markets of Europe, Middle East and Latin America with its Alipay+ offering."
Agencies Issue Guide to Assist Community Banks to Develop and Implement Third-Party Risk Management Practices
"Federal bank regulatory agencies today released a guide to support community banks in managing risks presented by third-party relationships."
Ghana and India Working To Link UPI and GHIPSS Payment Systems For Fund Transfers
"India and Ghana have been in talks to link their payment systems – Unified Payments Interface (UPI) and Ghana Interbank Payment and Settlement Systems (GHIPSS) respectively to permit users to make instant, low-cost fund transfers."
Post-Event Download: May-July 2024 Payments and Fraud Prevention
These materials are meant to be a complement to the in-person course, they are not meant for distribution or standalone use.
Federal Reserve Board Requests Comment on Proposal to Expand the Operating Days of the Federal Reserve Banks’ Two Large-Value Payments Services, Fedwire Funds Service and the National Settlement Service, to Include Weekends and Holidays
"The Federal Reserve Board on Friday requested comment on a proposal to expand the operating days of the Federal Reserve Banks' two large-value payments services to include weekends and holidays, so that they would operate every day of the year."
Project Mandala: Shaping the Future of Cross-Border Payments Compliance
"Project Mandala explores the feasibility of encoding jurisdiction-specific policy and regulatory requirements into a common protocol for cross-border transactions such as borrowing, foreign direct investment, or payments."
NetXD Supports the FedNow® Service, Advancing US Payment System
"NetXD is now supporting live transactions on the Federal Reserve’s instant payments rail, the FedNow Service. NetXD is certified to enable Send and Receive credit transfers as well as Receive RFP for financial institutions."
Afterpay Announces Huge Change to How Customers Make Payments [Australia]
Afterpay has announced a huge change to the way customers can pay for their purchases...Aussies will be allowed to choose the day of the week that they hand over their money from June 18.