STICPAY’s Post

Advapay Joins the NayaOne Tech Marketplace “We’re pleased to welcome Advapay to the NayaOne Technology Marketplace. Core banking system development can be extremely lengthy and challenging and slowed down even further with regulatory requirements. Quickly launching and adapting their services is important for fintech companies to stay competitive, capture market opportunities, respond to customer demands promptly, and generate revenue faster.” Varun Resh Maddali, Marketplace Manager, NayaOne. https://lnkd.in/egW85-sE Maxim Ivanchenko #fintech #finance #banking #paytech #payments #fintechnews #paymentsnews

Have you wondered what the current #developments and use cases of A2A payments are? The third chapter of 𝐓𝐡𝐞 𝐏𝐚𝐲𝐩𝐞𝐫𝐬’ 𝐔𝐧𝐥𝐨𝐜𝐤𝐢𝐧𝐠 𝐭𝐡𝐞 𝐏𝐨𝐭𝐞𝐧𝐭𝐢𝐚𝐥 𝐨𝐟 𝐀2𝐀 𝐏𝐚𝐲𝐦𝐞𝐧𝐭𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 2024 https://bit.ly/3Wljvp1 offers you insights into just that, delineating topics that range from #digitalisation and its role in the prevalence of #A2A payments, to future perspectives and #strategies on A2A payments development. Delve into our #report to find out the latest about: ✔️ A2A payments’ effect on the #ecommerce industry; (Tarik Zerkti from MyBank) ✔️ #UPI and how it is revolutionising digital payments in #India; (Ritesh Shukla from NPCI International Payments Limited (NIPL), a wholly owned subsidiary of the National Payments Corporation Of India (NPCI)) ✔️ Digital wallets as a means to further #A2Apayments; (Fabian Mansfeld from EPI Company); ✔️ Navigating #payments – how A2A payments will shape the future. (Nikogiannis Karantzis from ISX Financial) Don’t wait any longer and download our free report to check out the #expertise of these industry players! ➡ https://bit.ly/3Wljvp1 #digitalpayments #digitalwallets #instantpayments #realtimepayments #merchants #OpenBanking #API #fintech #paytech ##banktransfer #B2Bpayments #optimisation #PSPs #cashflow #reconciliation #chargebacks #interoperability #P2P #crossborder #FIs #PSD3 #B2C #paymentmethods #retail #SEPA #POS #ThePaypers

🔀 APIs lie at the core of contemporary banking and finanacial services 🚀 – the connectors that seamlessly link varied systems, applications, and services. APIs enable financial institutions to unlock new opportunities 💡, foster innovation, and establish an ecosystem where data flows effortlessly, resulting in a more interconnected and responsive customer experience. Advapay's #corebanking platform, Macrobank, is a scalable solution for designing various payment products for e-wallets, neobanks, and money transfer systems. This platform integrates complex financial services providers based on an API-based architecture. The API-centric approach enables rapid time-to-launch and facilitates market expansion with Advapay's Platform in a short period. The software offers pre-built integrations (APIs) with various service providers, including IBAN and payment providers, currency exchange platforms, card issuers, and AML/KYC service providers, thereby reducing time-to-market. Look at some of our providers: https://lnkd.in/djg6JVEm 🚀 Book a call with our team: https://lnkd.in/eAHPeUeR 🚀💼#fintech #fintechs #banking #payments #payment #bankingsolutions #bankingsoftware #api #bankingapi #apis

🚀 📰 Top News of the Day! 🌎💰 In today's top news, we feature the ongoing emphasis on Open Banking payments, as Alipay+ and Yapily join forces to introduce an enhanced, secure payment solution for millions of European consumers. This collaboration expands on the existing connectivity of Alipay+, which already links 1.4 billion consumer accounts throughout Asia. 👉Read more: https://lnkd.in/grUtvVM4 #openbanking #openpayments #europe #securepayments #asia #digitalpayments #paymentsplatform #paytech #fintech  #fintechnews #topnews #IBSIntelligence #EuropeanPayments #FinancialInnovation

TrueLayer partners with Worldline to offer instant payouts, deposits and signups through Worldline Payment Orchestration Commenting, TrueLayer VP Financial Services and Partnerships, Mariko Beising said: “Today we are rolling out the full suite of TrueLayer’s products through Worldline Payment Orchestration. This means that thousands of merchants and their customers will be able to benefit from faster, more secure experiences across from making deposits, to receiving payouts and onboarding new users. “We know that clunky, slow sign up processes are among the biggest factors which put off potential players and which lead to lost revenues in iGaming. By combining sign up and payment into a single, smooth process, Signup+ transforms the onboarding process. “This partnership builds on TrueLayer’s recent successes as our products are rolled out across iGaming and continue to set the standard for the industry.” https://lnkd.in/gXEq4U7g Joshua Fernandes Max von Bahr Emilson Michael Morris Jamie Morton Roberto Villani Benjamin Woodcock Maryanna Rayko Ryan Hutchings Leigh-anne Cotter Francesco Simoneschi Nathan Salisbury Liisa P. Cédric Dupont Carlos Rangevik Teixeira #FFNews #Fintech #Finance #Banking #Paytech #Payments #Insurtech #Insurance

Now that 2024 is here, we should know what to expect from the payments industry. Trends for this year include: 🎯 The rising popularity of instant payments 🎯 Alternative payment methods becoming more prevalent 🎯 Simplification 🎯 User-centric payments Simplifying the payment process for consumers makes it easier for them, and that's exactly what we should be working towards. The user needs to be at the center of our decisions. #Payments #Trends #PaymentMethods

As an Indian software professional, you are always amazed by how the UPI ecosystem has been designed and implemented. Banking Systems, as one of the core pillars of this entire digital payment ecosystem, have to embrace, evolve, and make up for the great Indian demand. Always nice to see case studies like this to have a peek inside how these massive systems work. https://lnkd.in/dSWU-SnU #kubernetes #eventdrivenarchitecture #cloudnative

🤔 A glimpse of Asia's Major Real-Time Payments Networks Real-time payments are super quick transactions between banks that happen instantly, no matter the time or day. The FIS Global Payments Report 2023 highlights Asia Pacific as a leader in fast payments, simplifying money transfers and global business. The report also points out that as people in Asia use less cash and turn to digital options like e-wallets and BNPL (Buy Now, Pay Later) plans, there is a great opportunity for Asia to use fast payment innovations. This aids online shopping and international trade by enhancing real-time payments across Asia. Among the 12 major Asian markets with real-time payment networks, Malaysia ranks 6th, and one of our popular fast payment systems is DuitNow. In June 2021, Bank Negara Malaysia (BNM) and Bank of Thailand (BoT) agreed a cross-border compatibility arrangement between DuitNow and Thailand’s PromptPay. With the assistance of fintech advancements, many regions in Asia are upgrading their payment systems to achieve wider financial inclusion. . . . ✨𝐌𝐚𝐤𝐞 𝐅𝐢𝐧𝐞𝐱𝐮𝐬 𝐲𝐨𝐮𝐫 𝐃𝐮𝐢𝐭𝐍𝐨𝐰 𝐑𝐏𝐏 𝐇𝐨𝐬𝐭 𝐢𝐧 𝐜𝐨𝐦𝐩𝐥𝐢𝐚𝐧𝐜𝐞 𝐭𝐨 𝐁𝐍𝐌 𝐑𝐌𝐈𝐓 𝐚𝐧𝐝 𝐏𝐚𝐲𝐍𝐞𝐭✨ Finexus offers a Foundry for Builders 🔺 MyXaaS Innovation Platform 🔺 which provides Software as a Service (aaS), Financial aaS, and Infrastructure aaS. It is a BNM EMI Licensed Institution with DuitNow, Mastercard, Visa, Alipay+, UnionPay, and has 4 PCI DSS Level 1 Data Centres Thanaletchumy T. #finexusgroup #finexusinternational #finexusasia #tuesdayhub #realtimepayments #myxaas #openapi #creditscoring #prepaidcard #whitelabelewallet #paymentprocessing #outsourcing #securepaymentlink #mobilevirtualterminal #paymentgateway #merchantacquiring #paymentservices #payment #ekyc #bpo #ito #edc #pos #visa #mastercard #duitnow #alipayplus #unionpay

Worldline and BKN301 Extend Their Partnership in Digital Payments Stiven Muccioli, Founder & CEO of BKN301, comments: “With this integration we continue on our journey to build the best possible offering to be competitive in a highly specialized industry such as digital payments. Worldline allows us to offer an ever-improving and evolved product configuration. We are going to increase the number of cutting-edge solutions for the benefit of all our present and future customers, further boosting the adoption of digital payment instruments. In Worldline we have found the ideal partner who shares with us an approach to service development designed to ensure a smooth and simple experience, and who has proven to be immediately agile and close to our needs. The agreement, which actively contributes to the implementation of our projects, is a key step in business development for us”. https://lnkd.in/eD8-s4hc Alessandro Baroni #fintech #finance #banking #paytech #payments #fintechnews #paymentsnews

🚀 Demystifying UPI: A Dive into the Future of Digital Payments! 📲💳 Greetings #LinkedInCommunity! Today, let's unravel the fascinating world of UPI (Unified Payments Interface) – the driving force behind India's digital payment revolution. 🇮🇳💰 🔍 What is UPI? UPI, short for Unified Payments Interface, is a revolutionary payment system developed by the National Payments Corporation of India (NPCI). It's a real-time payment system that enables seamless and instant fund transfers between bank accounts using mobile devices with internet connectivity. UPI has not only simplified the way we transact but has also accelerated the journey towards a cashless economy. 💡 How Does UPI Work? At its core, UPI works as a bridge between different banks, allowing users to link their bank accounts to a single mobile application. Users can create a unique UPI ID (Virtual Payment Address) that acts as an alias for their bank account. This eliminates the need for sharing sensitive bank details during transactions. The UPI ecosystem functions through a set of APIs (Application Programming Interfaces) that facilitate secure communication between banks and payment service providers. It utilizes two-factor authentication, ensuring robust security while maintaining the convenience of swift transactions. UPI also supports various transaction types like Peer-to-Peer transfers, bill payments, and merchant transactions. 🌐 The Technology Behind UPI: UPI's technology stack is a marvel in itself. It operates on top of Immediate Payment Service (IMPS) architecture, ensuring 24/7 availability and instant settlement. The backbone of UPI's success is its versatile and scalable infrastructure, which supports a wide range of applications from various financial service providers. It leverages secure protocols, encryption, and tokenization to safeguard user data and financial information. 📈 Impact and Future: Since its launch, UPI has transformed the payments landscape in India, fostering financial inclusion and driving innovation. Its success has inspired similar payment initiatives globally. As UPI continues to evolve, we can expect to see more advanced features, enhanced security measures, and broader applications in sectors beyond banking. Let's stay tuned and embrace the UPI revolution as it continues to shape the future of digital payments! 💪💸 #UPI #DigitalPayments #Fintech #BankingInnovation #CashlessEconomy #FinancialTechnology https://lnkd.in/dKk46yY8