Payment and settlement systems in India

It's Official, Proliant Settlement Systems Named a Top Employer

Retrieved on: 
Thursday, December 15, 2022
Culture, Workplace, Payment and settlement systems in India, Human, Core values, ProLiant, Organization, Property management, Management

AUBURN HILLS, Mich., Dec. 15, 2022 /PRNewswire-PRWeb/ -- Proliant Settlement Systems, a Michigan-based real estate title agency start-up franchisor, has announced it has earned a "Top Workplaces 2022" award. The company attributes this accolade to its culture and commitment to a set of Core Values that keep employees focused on providing superior services and products. Winners were determined through an extensive third-party survey managed by Energage; a company that helps organizations turn employee feedback into useful business intelligence.

Key Points: 
  • AUBURN HILLS, Mich., Dec. 15, 2022 /PRNewswire-PRWeb/ -- Proliant Settlement Systems, a Michigan-based real estate title agency start-up franchisor, has announced it has earned a "Top Workplaces 2022" award.
  • Winners were determined through an extensive third-party survey managed by Energage; a company that helps organizations turn employee feedback into useful business intelligence.
  • "Over the last four years, we've worked hard to create a workplace culture that drives our business a culture that revolves around a simple set of core values that everyone understands across all departments and functions," Proliant Settlement Systems President Michael Strat said.
  • Since 2018, Proliant has been offering a simple path to opening a title company.

Proliant Settlement Systems Choose paymints.io to Power Digital Payments

Retrieved on: 
Thursday, January 27, 2022
Technology, View, Multimedia, Growth, COO, Payment and settlement systems in India, Industry, Printing, Software as a service, Digital, ProLiant, Security (finance), Real estate

CHARLOTTE, N.C., Jan. 27, 2022 /PRNewswire/ -- Proliant Settlement Systems, a turnkey title company ownership system, will deploy paymints.io technology among its title agency franchisees.

Key Points: 
  • CHARLOTTE, N.C., Jan. 27, 2022 /PRNewswire/ -- Proliant Settlement Systems, a turnkey title company ownership system, will deploy paymints.io technology among its title agency franchisees.
  • The paymints.io solution is a secure, digital, white-label SaaS platform, designed to simplify the process of sending and receiving payments in real estate transactions.
  • Proliant Settlement System will deploy paymints.io technology among its title agency franchisees.
  • According to Brooke Sharrard, Operations Manager of Proliant Settlement Systems, enhancing the franchisee and improving their clients' experience is always top of mind.

Global Cross-Border Payments and Remittance Services Markets to 2026 as Transaction Value is Expected to Grow from $37.15 Trillion in 2020 to $39.9 Trillion by 2026

Retrieved on: 
Friday, September 3, 2021
Money, Articles, Economy, Remittance, Banking in India, Payment system, Lockbox, Blockchain, Payment processor, Unified Payments Interface, Payment and settlement systems in India

DUBLIN, Sept. 3, 2021 /PRNewswire/ -- The "Global Cross-Border Payments and Remittance Services Growth Opportunities" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Sept. 3, 2021 /PRNewswire/ -- The "Global Cross-Border Payments and Remittance Services Growth Opportunities" report has been added to ResearchAndMarkets.com's offering.
  • Global remittance and cross-border payments' transaction value is expected to grow from $37.15 trillion in 2020 to $39.9 trillion by 2026.
  • Global PaaS is expected to reach $25.5 billion by 2026 from $7.1 billion in 2020, expanding at a Compound Annual Growth Rate (CAGR) of 23.9%.
  • Moreover, the rapid growth of mobile penetration across the world can be attributed to the growth of digital adoption in cross-border payments and remittance services.

SHAZAM Selected to Help Shape the Future of Instant Payments

Retrieved on: 
Tuesday, February 16, 2021
Banking, Software, Accounting, Networks, Professional services, Internet, Data management, Technology, Small business, Security, Other Professional Services, Finance, Other Technology, Financial services, Banking in the United Kingdom, Real-time gross settlement, Banking, Faster Payments Service, Finance, Payment systems, Banking in India, E-commerce in India, Single Euro Payments Area, Payment and settlement systems in India

SHAZAM, Inc., a nationwide provider of financial services to community financial institutions, has been selected to participate in a pilot program to guide development of the Federal Reserves instant payments offering, the FedNowSM Service.

Key Points: 
  • SHAZAM, Inc., a nationwide provider of financial services to community financial institutions, has been selected to participate in a pilot program to guide development of the Federal Reserves instant payments offering, the FedNowSM Service.
  • FedNow will offer community financial institutions another network through which to access faster payments infrastructure.
  • The FedNow Service will provide an important payments infrastructure when it becomes available in 2023.
  • Financial institutions and their service providers will be able to use the service as a springboard to bring the benefits of safe, efficient instant payments to communities across the country.

Token Secures $15m Series B to Power Open Payments Across Europe

Retrieved on: 
Wednesday, January 27, 2021
Professional services, Data management, Technology, Mobile, Wireless, Finance, Banking, Financial services, Finance, Banking, Banking in India, HSBC, Real-time gross settlement, Payment and settlement systems in India, Token, SBI Investment, Sony Innovation Fund by IGV

Inaugural open payment use-cases include funding an account, paying-off a credit card, paying a utility bill and other one-off payments.

Key Points: 
  • Inaugural open payment use-cases include funding an account, paying-off a credit card, paying a utility bill and other one-off payments.
  • This Series B investment reconfirms Tokens leadership in the open payments space and will ensure our platform development continues at pace.
  • Tokens customers include BNP Paribas, and HSBC which recently launched its fast and secure alternative to online payments, HSBC Open Payments .
  • Token Pay provides secure, unified access to banks in Europe to initiate real-time account-to-account payments straight from apps and websites.

Euronet Worldwide, Inc., Uses Its REN™ Ecosystem to Drive Digital Growth Strategy and Modernization of Payments Systems for Cosmos Bank in India

Retrieved on: 
Thursday, December 17, 2020
Financial services, Payment systems, Service industries, Euronet, Banking in India, Cosmos Bank, Interbank networks, Mobile payments in India, Payment and settlement systems in India, Foreign exchange companies

Ltd, a division of leading global financial technology solutions and payments provider Euronet Worldwide, Inc., (NASDAQ: EEFT), announced today it has migrated Cosmos Bank in India to the modern processing technologies of Euronets REN Ecosystem.

Key Points: 
  • Ltd, a division of leading global financial technology solutions and payments provider Euronet Worldwide, Inc., (NASDAQ: EEFT), announced today it has migrated Cosmos Bank in India to the modern processing technologies of Euronets REN Ecosystem.
  • Cosmos Bank, the second largest co-operative community bank in India with more than 114 years of service, selected Euronet to drive the next level of its digital growth strategy.
  • To achieve the project goals, Euronet implemented an on-demand pay as you grow services model for powering the banks card-based and real time account-based payment services.
  • Management of the banks participant application for IMPS and UPI, Indias instant and real time payments networks for banks and consumers.

Poland Payments Report 2020: Card Payments, Cash Transactions, and the Whole Spectrum of Other Payment Methods - ResearchAndMarkets.com

Retrieved on: 
Tuesday, November 24, 2020
Banking, Professional services, Financial services, Banking in India, Money, Banking, Payment systems, Financial law, Payment, E-commerce in India, Mobile payments, Payment and settlement systems in India, National Payments Corporation of India

The "Payments in Poland, 2020" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Payments in Poland, 2020" report has been added to ResearchAndMarkets.com's offering.
  • "Payments in Poland 2020" offers a look into the payments sector in Poland.
  • The analysis covers various statistics on card payments, cash transactions, and the whole spectrum of other payment methods nowadays accepted by merchants in Poland.
  • The report contains also company profiles of major players in payments in Poland as of 2020.

Reserve Bank of India (RBI) Grants In-principle Authorisation to Set-up and Operate Bharat Bill Payment Operating Unit to Vakrangee Limited

Retrieved on: 
Friday, September 25, 2020
Banking in India, Financial services, Vakrangee Limited, Reserve Bank of India, Finance, Money, Payment and settlement systems in India, Payment systems, Online payments, Bharat Bill Payment System, Mobile payments in India

MUMBAI, India, Sept. 25, 2020 /PRNewswire/ --Vakrangee Limited (VL) has been granted In-principle authorisation to set-up and operate Bharat Bill Payment Operating Unit (BBPOU) under the Payment and Settlement Systems Act, 2007 from Reserve Bank of India (RBI).

Key Points: 
  • MUMBAI, India, Sept. 25, 2020 /PRNewswire/ --Vakrangee Limited (VL) has been granted In-principle authorisation to set-up and operate Bharat Bill Payment Operating Unit (BBPOU) under the Payment and Settlement Systems Act, 2007 from Reserve Bank of India (RBI).
  • Vakrangee can now directly handle payment and aggregation of payment services relating to bills under the scope of BBPS.
  • Nextgen Vakrangee Kendras exclusively offers a comprehensive range of products and services across banking, insurance, ATM, Financial Services, Assisted e-Commerce, e-Governance and logistics.
  • Commenting on this, Mr Dinesh Nandwana, Managing Director & Group CEO, Vakrangee Ltd said, "We are happy to announce that we have been grated In-Principle Authorisation to set-up and operate Bharat Bill Payment Operating Unit by RBI.

Reserve Bank of India (RBI) Grants In-principle Authorisation to Set-up and Operate Bharat Bill Payment Operating Unit to Vakrangee Limited

Retrieved on: 
Friday, September 25, 2020
Banking in India, Financial services, Vakrangee Limited, Reserve Bank of India, Finance, Money, Payment and settlement systems in India, Payment systems, Online payments, Bharat Bill Payment System, Mobile payments in India

MUMBAI, India, Sept. 25, 2020 /PRNewswire/ --Vakrangee Limited (VL) has been granted In-principle authorisation to set-up and operate Bharat Bill Payment Operating Unit (BBPOU) under the Payment and Settlement Systems Act, 2007 from Reserve Bank of India (RBI).

Key Points: 
  • MUMBAI, India, Sept. 25, 2020 /PRNewswire/ --Vakrangee Limited (VL) has been granted In-principle authorisation to set-up and operate Bharat Bill Payment Operating Unit (BBPOU) under the Payment and Settlement Systems Act, 2007 from Reserve Bank of India (RBI).
  • Vakrangee can now directly handle payment and aggregation of payment services relating to bills under the scope of BBPS.
  • Nextgen Vakrangee Kendras exclusively offers a comprehensive range of products and services across banking, insurance, ATM, Financial Services, Assisted e-Commerce, e-Governance and logistics.
  • Commenting on this, Mr Dinesh Nandwana, Managing Director & Group CEO, Vakrangee Ltd said, "We are happy to announce that we have been grated In-Principle Authorisation to set-up and operate Bharat Bill Payment Operating Unit by RBI.

NPCI introduces UPI AutoPay facility for recurring payment

Retrieved on: 
Wednesday, July 22, 2020
Banking in India, Financial services, Finance, Money, Interbank networks, National Payments Corporation of India, Mobile payments in India, Rajnish Kumar, Payment and settlement systems in India, E-commerce in India

MUMBAI, India, July 22, 2020 /PRNewswire/ -- Mumbai National Payment Corporation of India (NPCI) said that it has launched the functionality of UPI AutoPay for recurring payments.

Key Points: 
  • MUMBAI, India, July 22, 2020 /PRNewswire/ -- Mumbai National Payment Corporation of India (NPCI) said that it has launched the functionality of UPI AutoPay for recurring payments.
  • Rajnish Kumar, Chairman, SBIsaid,"We are glad to witness the launch of UPI AutoPay facility at this momentous event.
  • Dilip Asbe, MD & CEO, NPCI said, "The launch of UPI AutoPay is a step ahead in India's journey towards digitization.
  • The UPI AutoPay offering would provide millions of UPI user's convenience and safety while making recurring payments.