Thursday , November 21, 2024

Mastercard’s Commercial Move and other Digital Transactions News briefs from 10/21/24

  • Mastercard Inc. unveiled Mastercard Move Commercial Payments, a service to allow banks to support commercial cross-border payments flowing in near real-time.
  • Real-time payments led to more than $1 billion in savings on transaction costs for U.S. businesses and consumers last year, a number forecast to grow to $4.4 billion by 2028, according to “Real Time Payments: Economic Impact and Financial Inclusion,” a report from ACI Worldwide Inc. and the Centre for Economics and Business Research.
  • Diebold Nixdorf Inc. said it has received an order for 1,200 cash recyclers from the Greece-based financial-services company Piraeus, which will use the machines to replace ATMs inside its branches.
  • NCR Atleos Corp. said Tompkins Community Bank has opted for Atleos’s ATM as a Service technology for its self-service banking initiative. The move leaves functions such as hardware and software maintenance, security, installation, processing, and cash management in NCR’s hands.

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