Finextra

JUNE 11, 2025

These banks introduced formal ledger-based accounting and cheque payments. Post-Independence (1947 - 1990s): Building the Foundation After independence, India focused on strengthening its financial infrastructure and extending banking services. Its simplicity, interoperability, and low cost made it an instant success.

Financial Inclusion

The Fintech Times

JULY 15, 2025

Utilising the framework, Cobre will allow companies to use payment aliases (keys) to receive instant and interoperable transfers without altering their existing accounting flows or payment systems. This will eliminate operational friction and make it easier to adopt this new financial infrastructure. Bre-B looks to change this.

Financial Inclusion

The Payments Association

JUNE 3, 2025

Tokenisation is now a core enabler of secure, interoperable digital paymentspowering embedded finance, asset tokenisation, and evolving identity flows. Once a system for masking sensitive data, tokenisation has evolved into a foundational technology for enabling secure, interoperable, and scalable digital payments.

Security

The Payments Association

FEBRUARY 13, 2025

Designed for speed, interoperability, and user-friendliness, UPI has become the backbone of India’s payment ecosystem. Its key advantages include instant transactions, interoperability across banks and payment apps, low-cost processing, and enhanced security features.

Cross-Border Payments

Fintech Finance

MARCH 24, 2025

Championed by the Central Bank of Somalia (CBS), the initiative marks a major step in modernising Somalia’s payment infrastructure, promoting financial inclusion and enhancing economic stability. The demand for secure, fast, and modern payment solutions has been pressing.

Instant Payments

The Payments Association

JULY 7, 2025

Digital growth, but cash Is far from obsolete Mobile wallets now account for the preferred payment method among 30% of 18–24-year-olds and 38% of full-time students. Future-focused product design should account for: Tokenisation and embedded payments Wallet integration for high-frequency retail use cases Cross-device authentication (e.g.

Acquirers

Fintech Finance

JULY 28, 2025

Safaricom (NSE: SCOM ), M-PESA and PayPal have announced a strategic collaboration to enable account linking and seamless fund transfers across their networks. By first linking their PayPal and M-PESA wallets, users can easily transfer funds from their PayPal accounts into their M-PESA wallets, and vice versa.

PayPal

The Fintech Times

APRIL 16, 2025

.” Through secure PayPal account linking, TerraPay will serve as an enabler, allowing mobile wallet and bank users across the Middle East and Africa to easily transfer funds to their PayPal accounts. Expanded financial connectivity, empowering millions of customers to transact internationally with ease.

Funds Transfer

The Fintech Times

JULY 17, 2025

But the real story is in the infrastructure behind it: licensing, interoperability and a deep commitment to making cross-border payments work for everyone – not just the biggest players. This purpose is rooted in facilitating inclusion and interoperability. TerraPay now connects over 155 countries and 3.7

Cross-Border

Fintech Finance

JUNE 9, 2025

PayU GPO , the leading online payment service provider operating in over 40 emerging markets, announces a major step forward in its commitment to Africa, unveiling the launch of Account-to-Account (A2A) payments in Nigeria and the appointment of Ryan Engel as the new Country Manager for South Africa.

PCI DSS

Fintech News

APRIL 24, 2025

From digital payments to decentralised finance (DeFi), these companies are solving real-world challenges like financial inclusion and cross-border transactions, while setting new global standards for innovation. Each plays a key role in transforming how Indonesians save, spend, invest, and access financial services.

FinTech

The Fintech Times

JULY 16, 2025

While this is a great success, there is still a lot that can be done to further make official financial services more accessible, especially in developing economies. Having explored some of the biggest financial inclusion hurdles in digital banking, we now turn our attention to why it is so important that these challenges are overcome. .

Underserved

Fintech News

MAY 11, 2025

Bharti Airtel serves over 550 million customers across 15 countries, and has collaborated with leading money transfer operating companies to enable real-time payments across millions of bank accounts in India and Africa. It also offers services and products to businesses such as accounts, expense cards, and payroll.

Cross-Border Payments

Fintech Finance

MAY 28, 2025

KNET utilized ACI’s Digital Central Infrastructure solution to build the central payment infrastructure of WAMD, an interoperable, countrywide scheme that enables account-to-account (A2A) payment transfers via a bank’s mobile app or internet banking service by using a phone number.

Real Time Payments

The Payments Association

MARCH 19, 2025

Regions like Africa are seeing digital wallets driving financial inclusion, as seen with M-Pesa, which has connected millions of unbanked individuals to financial services. For example, Goldman Sachs partnered with Apple for the Apple Card and savings account offering in 2019.

Digital Payments

Fintech Finance

FEBRUARY 18, 2025

This created a series of extra steps in the process, inconveniencing users but also limiting interoperability across different charging stations. Says Carter-Brown: EFTCorps mission is to constantly push the boundaries of innovation to deliver payment solutions across Africa, increasing financial inclusion and access to the digital economy.

Payment Solutions

Finextra

JUNE 11, 2025

Mobile-First Infrastructure: Inclusion, Innovation, and Interoperability The smartphone has become the central node of financial inclusion and fintech innovation. The mobile wallet is now the financial identity layer of the internet.”

Consumer

Fintech News

NOVEMBER 12, 2024

These experts covered some of the industry’s hottest trends and most urging issues, including artificial intelligence (AI), quantum computing, digital assets, next-generation transactions, and financial inclusion. However, challenges remain, particularly regarding interoperability.

FinTech

Fintech Finance

NOVEMBER 21, 2024

Over 350 million adults in Africa live on a cash-only basis ( [link] ), without access to financial accounts, credit cards, or lending facilities. Digital currency systems could prove to be key in improving financial inclusion and opening up new opportunities to large underbanked communities in many African countries.

Payment Networks

Finextra

JULY 16, 2025

The pressure to solve real challenges — such as low banking penetration, financial exclusion, limited access to credit cards, lack of interoperability, and acceptance barriers for traditional (and international) payment methods — planted the seeds for fintech and digital banks. Where I come from, this has a name: financial inclusion.

Payment APIs and Integration

The Payments Association

MARCH 18, 2025

Open finance is transforming financial services by enabling broader data-sharing, fostering competition, and driving innovation in payments and financial products. As more jurisdictions refine regulations and expand open finance frameworks, the focus will shift to interoperability, consumer trust, and cross-industry data integration.

Finance

The Payments Association

JANUARY 21, 2025

Payments providers will need to prioritise interoperability and compliance to unlock growth while addressing security and volatility concerns. The growing adoption of mobile and internet technology, paired with consumer demand for instant payments, will further advance financial inclusion.

Payments Trends

Finextra

JUNE 2, 2025

Location Joburg Followers 5 Opinions 22 Follow Unfollow Open Banking has moved from regulatory idea to industry reality, driving transformation by enabling secure, permissioned data sharing between financial institutions and third-party fintechs. Both Open Finance and DeFi thereby champion the idea that your financial life belongs to you.

Finance

The Payments Association

JANUARY 13, 2025

Transparency and accountability : The role of transparency in operations and disclosures is increasingly becoming more relevant in consumers eyes. These offerings cater to a growing demand for financial solutions that bridge traditional and digital finance.

Legal

Finovate

MARCH 7, 2025

Appointed CEO in January of 2024, Neal previously served as the company’s Chief Financial Officer and Chief Business Officer of Boku’s Identity Division. This financial inclusion is great for society, for merchants and for the payments industry as a whole. Founded in 2008, Boku is headquartered in London.

Payments

The Fintech Times

JUNE 22, 2025

Kicking off in Ghana , the initial pilot will mean banks partnering with PAPSS and Onafriq’s authorised fintech, mobile money service providers, and traditional partners in the country can enable their customers to send and receive money directly into mobile wallets and bank accounts.

Cross-Border Payments

Fintech Finance

APRIL 15, 2025

With rising demand for fast, secure, and efficient payment solutions, this partnership bridges key gaps in financial connectivity and infrastructure readiness, enabling millions of individuals and businesses to engage more fully in the global economy. “At PayPal, we’re committed to changing that. .”

Cross-Border Payments

Finextra

JULY 8, 2025

Participation and Account Structure CIPS distinguishes between direct and indirect participants. Notably, foreign banks can become direct participants, opening dedicated accounts and obtaining unique CIPS codes. At the end of each cycle, accounts are reconciled and cleared, ensuring transparency and operational integrity.

Global Payments

Fintech Finance

JULY 7, 2025

With this license, Pay10 will deliver mobile-first interoperable infrastructure designed to integrate with Bahrain’s domestic payment rails, ensuring compliance, speed, and reliability across every transaction and directly contributing to the Kingdom’s broader vision for financial inclusion and diversified economic growth.

Central Bank

The Fintech Times

MAY 1, 2025

As a result of the latest authorisation from the Central Bank of the UAE, Pay10 is now fully onboarded and operational on the regulators’ Open Finance framework , which enables real-time connectivity to bank accounts, laying the foundation for future innovation in data-driven financial services across the region.

Finance

Finextra

JULY 7, 2025

With this license, Pay10 will deliver mobile-first interoperable infrastructure designed to integrate with Bahrain’s domestic payment rails, ensuring compliance, speed, and reliability across every transaction and directly contributing to the Kingdom’s broader vision for financial inclusion and diversified economic growth.

Security

Fintech Finance

JULY 31, 2025

This supports Brazil’s push toward digital-first payments and greater financial inclusion. Today, over 70% of adults and 15 million businesses use Pix , with the system accounting for 45% of all payments and 30% of e-commerce payments in the country. For merchants, that means offering localised options that unlock new growth.

Digital Payments

Finextra

JULY 30, 2025

This supports Brazil’s push toward digital-first payments and greater financial inclusion. Today, over 70% of adults and 15 million businesses use Pix, with the system accounting for 45% of all payments and 30% of e-commerce payments in the country. which use QR code interoperability.

Payments

Fintech News

JANUARY 7, 2024

In the lending space, the number of peer-to-peer borrower accounts reached 30 million in 2021, rising at a CAGR of 50% between 2018 and 2022. In 2020, the Indonesian payment segment counted over 63 million active e-wallet users, a number that’s expected to grow at a rate of 26% annually between 2020 and 2025.

Financial Inclusion

PYMNTS

NOVEMBER 23, 2020

Blockchain and a bank charter might do much to boost financial inclusion. He stated that the Figure Pay account will be interoperable with other accounts and payment methods (bypassing some of the vagaries of “closed” systems like MCX, now long-defunct).

Financial Inclusion

Faster Payments Council

JUNE 22, 2021

Faster Payments Council (FPC), in partnership with Glenbrook Partners, today released the research report, Why Interoperability is Important to Faster Payments. Interoperability has been a recurring theme across the FPC's work efforts and a hot topic within the industry at large in recent years," said FPC Executive Director Reed Luhtanen.

Interoperability

PYMNTS

MARCH 1, 2017

One of them is that too many people in the world are denied access to banking and financial services of any kind. That this lack of financial inclusion excludes them from participating in most of the payments and commerce activities that most of those reading this take for granted. The second?

Financial Inclusion