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Swift, the global financial messaging service provider, is collaborating with Google Cloud to develop innovative anti-fraud technologies. The partnership will leverage advanced AI and federated learning techniques combined with privacy-enhancing technologies (PETs) and Trusted Execution Environments (TEEs).
The partnership will leverage the combined strength of both the companies to transform the global payment system by deploying amalgamation of AI and blockchain technologies. The partnership aligns the strengths of both organizations to address critical challenges in global payments.
In January 2025, the Swiss Financial Innovation Desk (FIND) announced the release of Pathway 2035 for Financial Innovation Your Navigator , a guide designed to steer financial and fintech leaders toward a resilient future. Panel and Organising Committee of the Event ReDesigning Financial Innovation.
Opus Technologies , a leading payments technology solutions provider, today announced the appointment of Srini Rajamani as its new Chief Executive Officer, effective immediately. “Opus Technologies is uniquely positioned to solve the most critical business challenges facing banks and payments companies today. .
The trend towards sustainability and especially the movement of consumers towards a sustainable lifestyle is one that the payments industry has addressed—somewhat. We highlight some practical strategies for card issuers seeking to innovate in the sustainability space and reach consumers who care about the impact of their choices.
In a groundbreaking leap for secure payments, Gala Technology proudly announces the launch of SOTpay Connect, a revolutionary new system designed to meet the evolving needs of businesses and consumers. A Story of Innovation and Listening to Customers At its heart, SOTpay Connect tells a story of perseverance and commitment.
16 June 2025 by Payments Intelligence Merchant survey 2025: Navigating the payment innovation divide LinkedIn Email X WhatsApp What is this article about? A survey of 125 UK retail merchants exploring how payment innovation, customer behaviour, and emerging technologies are shaping retail competitiveness. Why is it important?
ACI Worldwide (NASDAQ:ACIW), an original innovator in global payments technology, has expanded its global technology partnership ecosystem to help financial institutions across the globe increase operational resiliency and address evolving regulatory requirements to safeguard the stability of the financial system.
As digital payment methods continue to evolve, UK consumers and businesses are increasingly seeking more innovative and flexible payment solutions. However, delays in bank adoption are preventing businesses from fully leveraging these innovations.
Mambu, a leading cloud banking platform, has announced the acquisition of Numeral , a French payment technology provider for banks and fintechs. This will drive greater operational efficiency, improved customer experiences, and accelerated time-to-market for innovative financial solutions.
The PSRs Dan Moore highlights the importance of sustainable commercial models and fair competition to drive innovation and investment in the UK payments sector. As the UK payments industry begins implementing the National Payments Vision (NPV), the role of regulators in fostering innovation is increasingly pivotal.
For example, a user with a long-standing email address linked to multiple online services and social profiles is far less likely to be a fraudster than one with a recently created, untraceable account. These innovations are not just about stopping fraud; instead, they are about enabling growth.
Nuvei Corporation (“Nuvei” or the “Company”), the Canadian fintech company, has entered a new strategic partnership with GiG, a leading B2B technology provider to the iGaming industry. The partnership delivers a comprehensive solution that addresses the needs of modern online gaming businesses.
Volante Technologies , the global leader in Payments as a Service (PaaS), today announced the launch of Volante Payments Intelligence , a powerful new solution that offers financial institutions unparalleled visibility and operational control over their payments business.
Paytiko’s most recent innovation, GrowthHub, is underpinned by this philosophy. Paytiko GrowthHub is not merely a novel feature; it is a technological advancement that integrates AI-powered intelligence, automation, and data-driven insights into a single, integrated platform. Fraud detection is also encompassed by automation.
For more than a decade, the government has tried to build its own digital identity and trust services infrastructure, but we found this was inefficient and would limit innovation. The UK Embassy in Armenia promotes trade and investment, innovation and climate initiatives, while also providing consular support to British nationals in Armenia.
Ecommerce and payments platform SumUp took the occasion of its annual Beacon event to announce the launch of a range of new products designed to address a variety of merchant pain points. The company plans to introduce the technology in Chile, Colombia, Peru, the US, and Australia “soon.”
Legacy systems are increasingly unreliable, expensive to maintain, and resistant to modern payment innovations. By addressing focused use cases, banks can reduce risk, improve ROI, and incrementally build toward a fully modernised, scalable banking, cards, loans and payments infrastructure. Deliver, or fail fast, fix, and move on!
As cross-border transactions grow in Europe, the cloud-based financial crime management technology solutions provider, Nasdaq Verafin has revealed that these payment channels are opening up more passageways for fraud to take place, as $194.9billion was moved across borders in 2023; more than a quarter of the total fraud figure in 2023 ($750billion).
Marking a pivotal point, Indonesias efforts underscore its drive to harness digital technologies for modernising payment systems while safeguarding financial stability and promoting inclusivity. Addressing interoperability, scalability, and security challenges, Indonesia sets a global example for nations exploring similar initiatives.
A Tracxn Technologies report highlights that the Southeast Asia fintech ecosystem experienced its zenith in 2021, marking the highest annual equity funding in the last decade. This demand is expected to fuel fintech innovations even in the face of current economic hurdles. billion, representing a 23% drop compared to USD $2.1
Key findings from the survey In a recent survey (The Harmony Gap Report from FIS & Oxford Economics) of 1,000 senior business and technology leaders from large organisations in the U.S., Financial technology investment priorities To address these challenges, organisations are prioritising investments in financial technology.
The FiRa Consortium has published an update to its technical specifications for Ultra-Wideband (UWB) technology that add support for “advanced UWB applications that require various combinations of FiRa features to work together deterministically”, such as mobile payments and transit ticketing. The updated Core 3.0 FiRa Core 3.0
Bill Qkr addresses these issues with Mastercard’s tokenization technology, which securely stores card details for recurring payments and allows for quick QR-code-enabled payments for variable bills. Bill Qkr’s launch partners are incorporating the technology to provide smoother payment options in their regions.
In this exclusive Fintech Review interview, Adam Swartzbaugh, CEO of Almond FinTech , discusses transformative cross-border payment technology. Almond’s blockchain-driven Settlement Optimization Engine (SOE) addresses critical speed, transparency, and cost challenges in cross-border payments. Let’s dive in.
Faster Payments Council (FPC), in collaboration with Volante Technologies , today released results from the 2025 Faster Payments Barometer, the latest in its series of comprehensive studies analyzing the adoption, trends, and perceptions surrounding faster payments in the U.S.
Payments-platform-as-a-service provider Shape Technologies is partnering with next-gen technology platform PXP to address challenges faced by payment facilitators (payfacs), ISOs, and ISVs. In a move to help payfacs go to market more quickly, PXP and Shape Technologies will offer a new turnkey proposition.
By bringing local currencies “onchain,” he said, blockchain technology simplifies onboarding, providing users with seamless access to digital financial systems without requiring them to fundamentally rethink their existing relationship with money. Stablecoins also address financial inclusion challenges.
Trustly , the global leader in Pay by Bank, has announced the next generation of its groundbreaking payment technology, Pay N Play. For operators, this innovation offers a chance to boost conversion rates and enhance player experiences, all without requiring additional development for operators using Trustly.
Payments Report 2024 As the global payments ecosystem undergoes a period of rapid transformation, the Payments Report 2024 serves as an essential resource for industry leaders navigating shifting trends, emerging technologies, and dynamic consumer behaviour.
Spring, launched by Paragon Bank, aims to address the issue of ‘current account coasting’, which causes UK consumers to collectively miss out on billions in potential interest. By using Moneyhub’s open banking technology, Paragon can connect Spring with a customer’s existing current account.
With a proven track record in transforming financial data collection across different sectors, Armalytix has developed a sophisticated platform that streamlines Source of Funds (SoF) verification, addressing long-standing challenges in legal financial processing. The partnership goes beyond simply gathering basic financial information.
In many regions, they create jobs, drive innovation, and stimulate local economies. From innovative lending platforms to advanced payment processing, fintech is enabling them to access growth opportunities and thrive in today’s competitive markets. Fintech companies see this gap as an opportunity to innovate.
Tim Delahunty He said, While the regulatory framework in Indonesia has seen much positive change, we believe Indonesian businesses deserve more innovative credit solutions. Collaborating with Danabijak as our licensed lending platform, and Olsera as our first partner, now enables us to bring this innovation to Indonesian business owners.
These zones spotlighted cutting-edge innovations and offered key discussions, providing attendees with a glimpse into the future of financial services. To address this, stakeholders including NETS Group and Liquid Group are working on interoperable QR payment solutions that are designed to simplify processes for merchants, Chia said.
The industry must focus on technological investments, enhancing security, and addressing regulatory and interoperability challenges to stay competitive. Additionally, it explores the industry’s outlook, with a significant focus on technological investments and customer experience enhancements. What’s next?
In a groundbreaking move to enhance the Edutech ecosystem, Ottu , a leading Online payment management solution in the GCC, has partnered with Edunation , a premier provider of innovative e-learning platforms.
iWallet , the pioneer in digital payment solutions, announces a groundbreaking innovation with the introduction of Voice AI to payments. This revolutionary technologyaddresses the growing demand for advanced, secure, and user-friendly payment methods.
Global technology and innovation partner Zühlke took part in the Singapore Fintech Festival (SFF) 2024, demonstrating its commitment to driving impactful change in the financial technology landscape. Zühlke offered forward-thinking perspectives on the adoption of AI, digital money, and the future of work for talents.
ProjectPay , the construction payments fintech, which received a project grant funded by the government’s innovation division, Innovate UK, to research and test how to solve cashflow problems in the construction industry, has now published its findings. The report has been provided to the government.
” Experian acquires debt consolidation technology from Paylink To help millions of consumers better manage their debts, international data and technology company Experian announced this week that it will acquire ReFi , the debt consolidation innovation from Paylink Solutions. million repeat purchases.
It combines real-time fiat payment rails with blockchain-powered stablecoin rails, addressing inefficiencies in global payments and trade. Mestas innovative platform bridges the gap between stablecoins and fiat currencies, making it a game-changer in global finance.
It aims to build innovative solutions that address existing challenges, all the while helping to drive sustainable growth and development in the region. This presents a significant opportunity to support the founders who are not only driving innovation, but also addressing the unique challenges and opportunities of the region.
Fraud involving faster payments is a growing challenge that requires vigilance and innovation, said Lee Kyriacou, Chair of the FPC Fraud Work Group. The FPC is proud to deliver resources that support the industry in addressing fraud effectively and collaboratively, said FPC Executive Director Reed Luhtanen. The post U.S.
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