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Digital Rupiah Inches Closer with Successful Completion of PoC

Fintech News

The processes included converting reserve account balances into digital Rupiah and vice versa, ensuring seamless interoperability with Bank Indonesias Real-Time Gross Settlement (BI-RTGS) system. Addressing interoperability, scalability, and security challenges, Indonesia sets a global example for nations exploring similar initiatives.

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OnAfrIQ Partners with PAPSS to Launch Cross‑Border Payment Services in Ghana

Fintech Finance

This launch operationalises the partnership established in 2022, aimed at promoting intra-African cross-border trade and enhancing financial inclusion. The service improves financial interoperability by making transactions faster, more convenient, and cost-effective for small and medium-sized enterprises (SMEs) and individuals.

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U.S. Faster Payments Council Publishes International Report on Mitigating Faster Payments Fraud

Fintech Finance

The FPC is proud to deliver resources that support the industry in addressing fraud effectively and collaboratively, said FPC Executive Director Reed Luhtanen. stakeholders to adopt innovative approaches that protect consumers, businesses, and financial institutions. faster payments infrastructure.

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Tokenisation 2.0: Are we ready for the next generation of payment security?

The Payments Association

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.

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Is Southeast Asia Fintech Funding Drying Up?

Fintech News

SEAs young, tech-savvy population, a growing consumer base, reliance on informal financial systems, and supportive government initiatives aimed at financial inclusion serve as robust drivers for long-term growth. Yet, optimism abounds. However, the regions path forward will not be without its challenges.

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PayU GPO Strengthens Africa Presence with A2A Rollout and Senior Appointment

Fintech Finance

This investment reflects PayU GPO’s broader strategy to drive financial inclusion and modernise the continent’s payment infrastructure, while responding to rapidly shifting consumer preferences. The expansion comes at a time when alternative payment methods are on the rise across the region.

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Here’s Everything That Happened Singapore Fintech Festival 2024 in 10 Key Highlights

Fintech News

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.