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Twimbit’s Global Open Finance Maturity Index, Source: Twimbit analysis, Dec 2024 Drivers of open finance growth According to the report, open finance in Southeast Asia is being propelled by several drivers. Technological advancements are another driver of open finance in Southeast Asia.
According to the official press release, Western will leverage its technological development and its deep history in the cross-border remittance industry. Following this announcement, the collaboration aims to support fast and efficient money movement between Canada and 200 countries and territories around the world.
The European PSD2 framework, growing pressure on big techs financial ambitions, and central bank digital currency (CBDC) discussions all indicate a looming regulatory crackdown. A landscape where control over payments is shifting and the power dynamics of finance are being redefined in real-time. The result?
Subscribe News | Interviews | Voice of the Industry | Watch & Learn | Reports | CrossBorder Ecommerce Research | Company Database | Events News Unzer rolls out with Wero from EPI Tuesday 17 June 2025 13:22 CET | News Unzer , a payment platform for SMEs in Germany, Austria, and beyond, has partnered with the European Payments Initiative (EPI).
Subscribe News | Interviews | Voice of the Industry | Watch & Learn | Reports | CrossBorder Ecommerce Research | Company Database | Events News ADZ Worldline Payment Solutions launches Pay by Link Tuesday 17 June 2025 14:43 CET | News AZN Worldline Payment Solutions has launched Worldline Pay by Link, a secure and convenient way to take payments online (..)
Subscribe News | Interviews | Voice of the Industry | Watch & Learn | Reports | CrossBorder Ecommerce Research | Company Database | Events News ConnectPay partners with InSoil for EU expansion Monday 16 June 2025 15:48 CET | News Green finance firm InSoil has partnered with fintech provider ConnectPay to integrate embedded payment infrastructure into (..)
The primary goal of this partnership is to support cross-border transactions and digital asset operations for enterprise clients. The company’s platform supports embedded financial services, including account provisioning, FX, and domestic and cross-border payments.
Subscribe News | Interviews | Voice of the Industry | Watch & Learn | Reports | CrossBorder Ecommerce Research | Company Database | Events News Bitget Wallet rolls out national QR payment support, goes live in Vietnam Tuesday 17 June 2025 14:37 CET | News Non-custodial crypto wallet Bitget Wallet has rolled out national QR payment support as part (..)
Subscribe News | Interviews | Voice of the Industry | Watch & Learn | Reports | CrossBorder Ecommerce Research | Company Database | Events News Mollie rolls out the Tap payment terminal Thursday 19 June 2025 13:11 CET | News Mollie , a European financial provider, has announced the launch of Tap, its payment terminal designed to meet the needs of (..)
Another contested point is the exclusion of credit rating agencies from the regulations scope, which fintech actors argue would impair cross-border access to relevant data for personal finance management tools.
Subscribe News | Interviews | Voice of the Industry | Watch & Learn | Reports | CrossBorder Ecommerce Research | Company Database | Events News Fabrick finalises acquisition of finAPI Wednesday 18 June 2025 13:55 CET | News Italy-based Fabrick has announced the finalisation of its acquisition of 75% of finAPI from SCHUFA Holdings AG.
Subscribe News | Interviews | Voice of the Industry | Watch & Learn | Reports | CrossBorder Ecommerce Research | Company Database | Events News U.S. Bank and Fiserv launch integrated Agent Card Issuance solution Monday 16 June 2025 14:15 CET | News U.S. Bank and Fiserv have partnered to integrate U.S.
Subscribe News | Interviews | Voice of the Industry | Watch & Learn | Reports | CrossBorder Ecommerce Research | Company Database | Events News Stake launches Pay to Card to speed up real estate payouts Tuesday 17 June 2025 15:13 CET | News Stake , a digital platform focused on global real estate investment, has introduced a new withdrawal option (..)
Subscribe News | Interviews | Voice of the Industry | Watch & Learn | Reports | CrossBorder Ecommerce Research | Company Database | Events News Walmart and Amazon explore Stablecoins for payments Monday 16 June 2025 14:58 CET | News Walmart and Amazon have been reportedly examining the feasibility of launching their own stablecoins as an alternative (..)
Subscribe News | Interviews | Voice of the Industry | Watch & Learn | Reports | CrossBorder Ecommerce Research | Company Database | Events News Wollette to launch WollettePay for one-tap Open Banking Thursday 19 June 2025 16:02 CET | News Wollette , a UK-based technology firm, has announced the upcoming launch of WollettePay, a new account-to-account (..)
Subscribe News | Interviews | Voice of the Industry | Watch & Learn | Reports | CrossBorder Ecommerce Research | Company Database | Events News Salt Edge partners with Tuum and LHV Bank Thursday 19 June 2025 13:34 CET | News Salt Edge has announced its partnership with Tuum and LHV Bank , aiming to accelerate development through secure Open Banking (..)
Subscribe News | Interviews | Voice of the Industry | Watch & Learn | Reports | CrossBorder Ecommerce Research | Company Database | Events News RS2 partners with Visa to optimise global payment processing Wednesday 25 June 2025 09:07 CET | News Global payments technology provider RS2 has partnered with Visa to offer an end-to-end acceptance infrastructure (..)
Subscribe News | Interviews | Voice of the Industry | Watch & Learn | Reports | CrossBorder Ecommerce Research | Company Database | Events News Mastercard sandbox allows UK financial institutions to test payment methods Wednesday 25 June 2025 15:16 CET | News Mastercard has launched an A2A instant payments sandbox, enabling UK financial institutions (..)
Subscribe News | Interviews | Voice of the Industry | Watch & Learn | Reports | CrossBorder Ecommerce Research | Company Database | Events News Revolut launches AI-driven financial assistant Wednesday 18 June 2025 13:20 CET | News Revolut has planned to launch its own AI-driven financial assistant, according to the fintech’s representatives.
Subscribe News | Interviews | Voice of the Industry | Watch & Learn | Reports | CrossBorder Ecommerce Research | Company Database | Events News Open Banking in Canada faces legislative delays Wednesday 18 June 2025 15:00 CET | News The Canadian Federal Government has indicated that legislation to fully implement Open Banking will be introduced at (..)
Subscribe News | Interviews | Voice of the Industry | Watch & Learn | Reports | CrossBorder Ecommerce Research | Company Database | Events News Ramp raises USD 200 million in a Series E funding round Wednesday 18 June 2025 10:14 CET | News Ramp has raised USD 200 million in a Series E funding round led by Founders Fund, bringing its total valuation (..)
By implementing Visa Instalments directly through Ecommpay’s new branded hosted payment page, merchants and traders will have immediate access to EmbeddedFinance capabilities.
Through this collaboration, Whalet’s core customers, which include cross-border sellers from the Asia-Pacific region, are set to be able to benefit from optimised international financial transactions and increased payment efficiency. This initiative comes as TerraPay partners with Whalet to improve global payouts for SMEs.
Representatives from Mastercard stated that while stablecoins can offer several advantages such as faster cross-border transfers, automated B2B payments, and real-time earnings for gig workers. The card network’s approach reflects ongoing concerns about disintermediation.
As traditional cross-border payment infrastructures can be easily politicised and weaponised, as well as used as a tool for unilateral sanctions, damaging the global economic and financial order, China has long aimed for the CNY to be a global currency.
Subscribe News | Interviews | Voice of the Industry | Watch & Learn | Reports | CrossBorder Ecommerce Research | Company Database | Events News Belvo partners with Ualá to facilitate credit for Mexican customers Wednesday 25 June 2025 10:08 CET | News Belvo has announced its partnership with Ualá in order to facilitate credit for Mexican (..)
Subscribe News | Interviews | Voice of the Industry | Watch & Learn | Reports | CrossBorder Ecommerce Research | Company Database | Events News Frollo launches Open Banking portal for mortgage brokers Wednesday 25 June 2025 12:36 CET | News Australia-based Frollo has launched a new online portal aimed at simplifying how mortgage brokers collect and (..)
Subscribe News | Interviews | Voice of the Industry | Watch & Learn | Reports | CrossBorder Ecommerce Research | Company Database | Events News Xero to acquire Melio for USD 2.5
Subscribe News | Interviews | Voice of the Industry | Watch & Learn | Reports | CrossBorder Ecommerce Research | Company Database | Events News FATF updates guidance on financial inclusion and AML measures Wednesday 25 June 2025 13:30 CET | News The Financial Action Task Force ( FATF ) has updated its Guidance on Financial Inclusion and Anti-Money (..)
. #1 Bank of Thailand: Transforming Asian Fintech with Open Finance and Collaboration Money20/20 Asia will kick off with a notable keynote presentation by Daranee Saeju, Assistant Governor at the Bank of Thailand, the focus will be on the bank’s innovative efforts in digital finance. 7 CBDCs – The New Frontier of Money?
. #1 Bank of Thailand: Transforming Asian Fintech with Open Finance and Collaboration Money20/20 Asia will kick off with a notable keynote presentation by Daranee Saeju, Assistant Governor at the Bank of Thailand, the focus will be on the bank’s innovative efforts in digital finance. 7 CBDCs – The New Frontier of Money?
Super apps with embeddedfinance capabilities have been one of the dominant payments across Asia even before 2024. These include cross-border Payment versus Payment (PvP) transactions and wholesale market Delivery versus Payment (DvP) transactions.
A partnership between NymCard and Dellsons Associates will help bring embeddedfinance solutions to businesses in the Middle East and Pakistan. Kazakhstan announced the availability to 10+ new CBDC card services since the launch of its digital tenge. Mexico-based BNPL platform Aplazo raised $70 million in new funding.
Subscribe News | Interviews | Voice of the Industry | Watch & Learn | Reports | CrossBorder Ecommerce Research | Company Database | Events News Kraken partners with Alpaca to expand crypto trading to FIs Wednesday 18 June 2025 08:28 CET | News Cryptocurrency exchange Kraken has announced its partnership with Alpaca in order to expand crypto trading (..)
Payments in 2025 will be shaped by AI, instant payments, CBDCs, embeddedfinance, and sustainability. The payments industry in 2024 saw rapid evolution, marked by the growing adoption of real-time payments, advances in AI-driven fraud detection, and significant progress in Central Bank Digital Currencies (CBDCs).
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