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Hey Payments Fanatic! Real-time payments just hit a significant milestone! BNY Mellon and The Clearing House have successfully processed the largest instant payment in U.S. history—$10 million—following the RTP® network’s transaction limit increase from $1M to $10M. This game-changing move highlights the growing demand for high-value,

Hey Payments Fanatic! Sweden’s automatic payments just got a major upgrade! Kivra and Trustly have launched an enhanced version of Autogiro, making it easier than ever to set up direct debits. With just a quick BankID confirmation, users can activate payments instantly—no more manual data entry, no more

Hey Payments Fanatic!  Trustly and Spreedly are shaking up the US payments landscape with their new partnership, making Pay by Bank more accessible than ever. This collaboration means merchants using Spreedly’s platform can now integrate Trustly’s Pay by Bank solutions seamlessly—boosting conversion rates and streamlining transactions without

Hey Payments Fanatic! Mollie has quietly secured an EMI license, a move that could reshape its position in the payments industry. This license grants the company the ability to issue e-money, offer local IBAN accounts, and expand its payment services—potentially signaling a bold new strategy. Could this be the

Hey Payments Fanatic! Worldpay is making a major move in AI-driven fraud prevention with its acquisition of Ravelin, a London-based fraud prevention platform. This deal enhances Worldpay’s portfolio, equipping merchants with cutting-edge AI tools to combat fraud and drive e-commerce growth. Charles Drucker, CEO of Worldpay, emphasized the importance

Hey Payments Fanatic! CloudWalk, the Brazilian payments firm, saw its profits skyrocket in 2024, fueled by AI-driven automation. The company posted a net income of $63 million on $497 million in revenue, with AI “agents” handling customer service, sales, and back-office operations. With 3 million clients and revenue per employee

Hey Payments Fanatic! Adyen has selected Yapily to expand its Open Banking services across Europe, focusing on streamlining merchant onboarding and account verification processes. The integration will utilize Yapily's API to enhance financial data connectivity. Stefano Vaccino, CEO of Yapily, stated: "Merchant onboarding and account verification are