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Why staying put is no longer the safe option for payments innovation

The Payments Association

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.

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Which Wallet Solution Matches Your Business Model: eWallet or Digital Wallet?

Finextra

Customer use-cases and expectations eWallets are fundamentally utility-driven. Scope of services you want to offer Do you want to offer microloans, savings schemes, cashbacks, or agency banking? Planning to integrate with banks, cards, and loyalty systems and provide smooth online payment flows?

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Daon Announces Strategic Partnership with Giesecke+Devrient

Finovate

“G+D has a long history of innovation across a wide range of security solutions ranging from bank cards to Central Bank Digital Currency; they launched the first commercial SIM card and delivered the world’s first commercial eSIM,” Daon CEO Tom Grissen said.

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Mastercard backs open banking

Payments Dive

“On the cybersecurity side, the stakes are getting higher and higher – the fraudsters are using the latest technology, using artificial intelligence – generative AI – to power their solutions,” Miebach explained. “On On the cybersecurity side, were doing exactly the same.”

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How revamping Open Banking’s economic model will drive greater collaboration and innovation

Open Banking Excellence

One area where the industry is already seeing innovation is with Variable Recurring Payments (VRP) and the upcoming commercial pilot for low risk use cases for financial services, utilities and government payments. However, while this shows promise, it is not without shortcomings, Wright says.

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What Would it Take to Get Users Onside With CBDCs for Everyday Use?

The Fintech Times

However, the idea that digital assets are exclusively some form of currency is slowly falling by the wayside as different use cases are emerging and being rapidly adopted. The potential use cases and benefits for users are hazy at best. Yet many central banks have already actioned plans to introduce them.

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Why Visa Brought Earthport Into Its Orbit

PYMNTS

In payments, to gain technology, reach and new use cases (and, sometimes, all of the above at once), the debate has always boiled down to “build or buy.” Earthport offers cross-border payment services to banks, money transfer service providers and other businesses through the largest independent ACH network.