Swan’s Post

Last week, we participated in the MEA Finance Leaders in Payments Conference 2024. At the 'Partnering for Performance' panel, Seemanti Borkotoky Considine, Head of Financial Institutions and Transaction Banking, discussed how banks, fintechs, and tech companies can collaborate to meet customer demands, drive innovation, and unlock new market opportunities. She also highlighted Wio Bank’s role in shaping the future of payments through these partnerships. MEA Finance Magazine

Real-time payments are expanding globally. The U.S. FedNow® Service now has 900 participating FIs, Switzerland launched a second instant payments network, and Australia introduced a new cross-border payments collaboration. Read more in this edition of the Real-Time Payments World Map with The Clearing House: https://hubs.ly/Q02NZjZB0

𝐓𝐲𝐦𝐞 𝐑𝐚𝐢𝐬𝐞𝐬 $𝟐𝟓𝟎 𝐌𝐢𝐥𝐥𝐢𝐨𝐧 𝐚𝐧𝐝 𝐇𝐢𝐭𝐬 𝐔𝐧𝐢𝐜𝐨𝐫𝐧 𝐒𝐭𝐚𝐭𝐮𝐬 𝐚𝐭 𝐚 $𝟏.𝟓 𝐁𝐢𝐥𝐥𝐢𝐨𝐧 𝐕𝐚𝐥𝐮𝐚𝐭𝐢𝐨𝐧 Tyme is a multi-country digital banking group delivering accessible, innovative, and customer-focused financial solutions. By harnessing cutting-edge technology, the company transforms traditional banking systems. Through its digital-first platforms, Tyme eliminates barriers to banking, offering affordable and efficient services that empower individuals to take control of their financial futures. Tyme has raised $250 million in a Series D round, pushing its valuation to $1.5 billion. The round was led by Nubank with participation from M&G plc’s Catalyst and other existing shareholders. Tyme, Central and Western, Hong Kong Island, Hong Kong, was founded in 2018 by Coenraad (Coen) Jonker and Tjaart van der Walt. "Nubank transformed financial services in Brazil. We are excited by the value that Nubank's thought partnership and advice can bring to Tyme particularly in areas such as data analytics, credit risk management, product development and marketing - levers we believe are key to achieving leadership in our markets. This is a moment of great significance for Tyme," said Coenraad (Coen) Jonker, Co-Founder and CEO of Tyme Group.

Attend this session at Nacha to help you manage interoperability at your bank. Hear from experts in payments! See you there.

🚀Join us at the Payments Leaders' Summit next week on day 2 for an unmissable panel discussion on the future of banking and instant payments! Ivy's Ferdinand Dabitz will be joined by industry experts Andre Moeller, Kaloyan Yanchev, Sean Forward, and Masha Cilliers as they delve into the pivotal role of A2A Payments in the global rollout of instant payments. If you're attending PLS UK, don't miss this opportunity to gain insights and explore the evolving landscape of payments. Have thoughts on how A2A Payments will shape the future? Share your insights in the comments below! #PLSUK #OpenBanking #InstantPayments #paymentleaderssummit

📆 Join the next webinar in our inaugural Mastercard Payments Trends Navigator series to learn what acquirers can do to meet the evolving challenges of the market and to remain competitive in the SME space. Secure your seat → https://lnkd.in/eMCtsiqQ

📣 European Payments Acceptance Weekly News 20 December.  In this week’s payments highlights: ✅ Epos Now acquires Yoello to support F&B specific payments use cases for SMBs. Yoello now allows Epos Now to support a range of CNP use cases such as order and pay at table, click and collect and home delivery. ✅ Railsr and Equals Group set for £283m merger. Railsr, which offers banking-as-a-service and card issuing solutions, will gain Equals’ suite of payments, multicurrency accounts, and card products. ✅ Trustly partners with BRP Systems, a provider of enterprise software for the fitness and wellness industry in the Nordics. ✅ PSR Solutions proposes cap on cross-border card fees. The regulator is pushing ahead with plans to introduce a price cap on the fees Visa and Mastercard charge UK merchants when European shoppers make online purchases. Read more here: https://lnkd.in/gujbCaNY

Is your bank a top-of-wallet choice? 💳 Imagine this: Instead of automatically reaching for their Capital One, Discover, or AMEX, your customers consider your bank's faster payment rails as their primary method of payment. According to the 2024 NEACH Excellence Award Winner, Abhishek Veeraghanta, there's already significant buzz around pay-by-bank, and its importance is set to grow. Banks must innovate to become top-of-wallet, making consumers see them as a viable payment option alongside traditional cards. That's why we're excited to honor the work Pidgin is doing in this space. Pidgin is creating meaningful ways for people to interact with their funds at financial institutions. Is your organization making significant achievements in the innovation, development, implementation, or advancement of electronic payments for the benefit of its customers or members? Nominate them for the 2025 NEACH Excellence Award - President's Award. https://lnkd.in/ew_CQZba #Fintech #PaymentsInnovation #NEACHExcellenceAwards #PayByBank #DigitalBanking #FinancialInnovation #TopOfWallet

Discover the leading payment methods around the world with more payment evolution 🌍💳 At More Payment Evolution, we understand these diverse preferences and are committed to providing solutions that cater to every region's unique needs. That’s why we’re present in key markets around the globe, offering tailored payment solutions to connect businesses with their customers seamlessly. Unlock the future of global payments with us and help shape a connected world of transactions. 🌐💳 Connect globally, connect with MORE Payment Evolution. #MorePaymentEvolution  #GlobalBusinesses #GlobalPayments

Boom 💥 🪃 🦘 . I'm thrilled that we are able to launch new payment corridors to better support global fintech's. This time it's Instant Payments in Australia - with much more to come in the next weeks. I guess everyone in banking can testify that this is actually difficult to do 😉 . Going live with new clearings is a team effort spanning from commercial-, governance- operational-, product- and tech teams. Now we "only" need to mature and scale the solution which is equally difficult... Banking Circle core strategy is to "click-on-clearings" to our API first platform. In that light it for sure encouraging to see that it can be done... ⬇️