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Interledger Protocol targets interoperable stablecoins

Finextra

Home News Crypto Interledger Protocol targets interoperable stablecoins Editorial This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.

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PayPal World Launches to Connect Major Wallets Used by Two Billion Users

Fintech News

PayPal has launched a new platform called PayPal World to simplify cross-border payments and digital wallet interoperability for both consumers and businesses. The platform is expected to go live later this year, starting with interoperability between PayPal, Venmo, and other participating networks from key markets.

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Google Cloud and Swift Pioneer Advanced AI and Federated Learning Tech to Help Combat Payments Fraud

Fintech Finance

To better combat fraud in cross-border payments, Swift, the global provider of secure financial messaging services, is working with Google Cloud to develop anti-fraud technologies that use advanced AI and federated learning. This is a global epidemic that demands a collaborative effort to achieve meaningful change.

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RTP® and FedNow Transaction Limit Increases Fuel Instant Payments Surge

Fintech Finance

Other fraud-fighting measures like AI (40%), real-time fraud detection (39%), and multi-factor authentication (35%) are also gaining traction. AI is central to payments strategies – Over six in ten (62%) banks view AI as a key part of their payments strategies.

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As AI Grows, So Do Its Challenges: Industry Reveals Technology’s Biggest Hurdles

The Fintech Times

A couple of years after its initial boom, artificial intelligence (AI) still remains a huge buzzword in the fintech industry, as every firm looks at a new way of integrating the tech into its infrastructure to gain a competitive edge. However, AI isn’t a problem-free solution.

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SNEAK PEAK: PAY360 state of payments survey 2024 findings revealed​

The Payments Association

The industry must focus on technological investments, enhancing security, and addressing regulatory and interoperability challenges to stay competitive. Furthermore, the survey highlights the key challenges faced by the industry, such as cyber-security threats and the need for interoperability between different payment systems.

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RedCompass Labs Unveils the World’s Most Comprehensive Payments Modernization AI

Fintech Finance

RedCompass Labs , the global experts in payments modernization, has unveiled the world’s most comprehensive payments modernization-specific AI solution, AnalystAccelerator v2.5. delivers cutting-edge applied AI models to help banks accelerate payments transformation. AnalystAccelerator 2.5’s