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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.

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Deep Dive: Mastercard’s Shift - From Plastic to Platforms

Finextra

In an era where digital payments are surging and new technologies like artificial intelligence are redefining commerce, Mastercard’s role has never been more crucial. Indeed, Mastercard’s worldwide reach – with 3.4 What makes Mastercard truly interesting now is how it has transformed its business beyond traditional card swipes.

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What is Stopping Blockchain From Seeing the Same Success as AI?

The Fintech Times

With the AI boom appearing to take off almost overnight in early 2023, the sector has not looked back, leaping from one milestone to the next. In fact, according to findings from Grand View Research , the global AI markets value has skyrocketed by $400billion in just two years to reach $600billion.

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Payments trends report 2024

The Payments Association

Furthermore, the report takes a forward-looking approach, incorporating forecasts for 2025 and exploring pivotal themes such as artificial intelligence in payments, the evolution of tokenisation and decentralised finance (DeFi), and the adoption of emerging technologies like blockchain, generative AI, and machine learning.

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Predicting growth for clearing houses and scheme operators in 2024

Finextra

In this Predict 2024 episode, Paul Ruggieri, Senior Vice President, Real Time Payments, Product Management, Mastercard, discusses growth opportunities for clearing houses and scheme operators, emphasising the need for standardised communication strategies between operators and payment systems.

ISO 20022 108
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How modern payments processing has changed: In conversation with BPC

The Payments Association

Processors are now able to centrally manage the complex compliance and security requirements that are critical in payments, such as PCI-DSS, Visa and Mastercard rules, and evolving regulatory standards, which was more difficult pre-SaaS integration. “I

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12 Years Ago: The First nexo Standards Transaction, a Milestone for European Payments

Finextra

Interoperability across multiple domestic and international card schemes without cobadging constraints. It supports: Interoperability across multiple payment types and acceptance environments — including in-store, e-commerce, SoftPOS, cards, mobile, and QR codes. Significant simplification of the technical architecture for merchants.