A new whitepaper by global payments processor and technology provider, RS2, has revealed that a staggering 70% of banks’ IT budgets are consumed by maintaining outdated legacy systems. The paper entitled How to Solve Banks’ Legacy System Challenges While Controlling Risk suggests that this unnecessary expense is hindering innovation and digital transformation and presents a groundbreaking AI-enabled solution that allows banks to modernize without excessive risk.

Papaya Global will serve as LIPTON Teas and Infusions official provider for payroll and international workforce payments worldwide

Mastercard is simplifying and scaling interactions among banks, platforms, and corporates alike by launching a new program to accelerate the adoption of virtual cards

PayPoint has announced that WHSmith has implemented its i-movo secure digital voucher service across all of its UK stores

Ingo Payments is proud to announce the selection of Marqeta as its issuer processing partner.

The U.S. Faster Payments Council (FPC), a membership organization devoted to advancing safe, easy-to-use faster payments in the United States, today announced its support for President Trump’s Executive Order requiring that the Department of the Treasury “cease issuing paper checks for all Federal disbursements” and requires that nearly all payments made to the Federal Government shall be processed electronically.

Transaction volume on the EPN® system, the ACH network operated by The Clearing House Payments Company L.L.C., grew 6.2% in 2024, continuing the trend of yearly ACH volume and value growth. In 2024, the EPN system processed 20.7 billion transactions worth $56.4 trillion, approximately half of the U.S. ACH commercial volume last year.

Elite travelers are seeking highly-personalized, exclusive and high-end travel experiences that will enhance their own wellbeing, according to a new report from Flywire Corporation (Nasdaq: FLYW), a global payments enablement and software company. And on a quest to feel recharged and enriched, these ultra luxury travelers are prepared to pay what it takes to have unique access to experiences. Among those who spend more than $25,000 per vacation, almost half say they are prepared to spend much more than before for once in a lifetime travel experiences.

Yuno, the world’s leading payment orchestration platform, announces the launch of Ethoca Alerts, a new feature that enables merchants to proactively resolve transaction disputes before they escalate into chargebacks. This latest tool further strengthens Yuno’s end-to-end payment solution by helping merchants to take back control, save on costs and improve efficiency.

NCR Atleos announced that Y-12 Federal Credit Union is revolutionizing member service with advanced technology through its relationship with Atleos.

CBI S.c.p.a. Società Benefit, a leading developer of digital payment infrastructures, innovative services, and open finance ecosystems, announces the approval of share capital increase of approximately €24 million by its Shareholders during the Extraordinary General Meeting held earlier today. The Board of Directors has been granted the authority to execute the increase through both free and paid capital increases, to support the implementation of its 2025-2028 strategic plan.

Zempler Bank, a digital bank serving start-ups and microbusinesses, has today announced the launch of its new Outbound International Payments service in partnership with Wise Platform to meet growing customer appetite for overseas expansion. This new offering allows more than 500,000 Zempler customers to send international payments in multiple currencies with ease and security.

Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology, today announced the launch of Clover in Australia. As the world’s smartest point-of-sale system and software platform, Clover will power the country’s small-to-medium businesses, by offering an all-in-one solution that streamlines operations, enhances efficiency and helps business grow. With the addition of Australia, Clover is present in 11 countries, powering 3.5 million point-of-sale devices across the globe.

Global fintech SumUp has partnered with FreedomPay, a global leader in Next Level Commerce™ technologies, to further strengthen their offering for retail and hospitality merchants worldwide.

Bancomat, Bizum and SIBS are bringing European payments to the next level through EuroPA, the European Payments Alliance, by achieving a significant milestone in cross-border payments in Europe.