Fintech News

JANUARY 21, 2025

A new report by Twimbit, a Singapore-based research and advisory firm, highlights the state of open finance in Southeast Asia, exploring the different factors such as regional integration, technological innovation, evolving business models, and API monetization that are fueling the growth of the sector.

Payment APIs and Integration 109

Payment APIs and Integration Finance Cross-Border API 109

Finextra

JUNE 24, 2025

The digital euro, a retail CBDC under development by the ECB, shares key goals: instant payments, interoperability, and reduced dependency on non-European networks. The agreement lays the groundwork for true operational convergence between well-established solutions and a next-generation infrastructure.

Agreements 59

Agreements Payment Networks Digital Payments Payment APIs and Integration 59

The Payments Association

MARCH 19, 2025

With digital wallets growing in sophistication, consumers and businesses have fundamentally altered how they interact with payments, forcing banks and payment system providers (PSPs) to innovate. The decline in cash usage has also helped speed up the adoption of digital wallets.

Digital Payments 88

Digital Payments Finance Online and Mobile Banking Payments 88

Fintech Finance

NOVEMBER 21, 2024

Financial innovation is not limited to central banks. This partnership between UDPN and FORUS Digital will focus on helping central banks deploy a secure CBDC testing environment for creating use cases and defining new regulations. This partnership is a testament to our belief that technology can be a powerful tool for development.

Payment Networks 98

Payment Networks Digital Payments Digital Currency Innovation 98

Fintech News

JUNE 17, 2025

From Jakarta to Singapore, mobile wallet providers have built one-stop shops for payments, enabled by high smartphone penetration combined with limited innovation from traditional institutions, creating the perfect conditions for digital payment solutions to flourish.

Digital Payments 96

Digital Payments Cross-Border Payments Cross-Border Payments 96

The Fintech Times

NOVEMBER 16, 2024

Today, fintech and digital innovations are becoming key drivers in their continued growth, each nation adopting its own approach to integrate these technologies into their economic sectors. per cent Central Bank of Armenia (CBA) Armenia’s growth has been driven in part by its young, tech-savvy population.

FinTech 69

FinTech Central Bank Financial Literacy Online and Mobile Banking 69

The Fintech Times

JULY 10, 2025

The use cases selected in this project will help us to better understand how innovations in central bank and private digital money, alongside payments infrastructure, might help to uplift the functioning of wholesale financial markets in Australia. “We

Central Bank 64

Central Bank Settlement Use Case Stablecoins 64

Finextra

JULY 2, 2025

ESG Aware CBDCs: Central banks may introduce digital currencies with embedded green rules, for e.g., CBDC holdings that automatically earn rebates when funding renewable projects or transition bonds. Banks can innovate new products such as green overdrafts, ESG-linked payables financing, and carbon-aware settlement rails.

Transactions 59

Transactions ISO 20022 Payment APIs and Integration Payments 59

The Payments Association

APRIL 28, 2025

Payments organisations must balance immediate operational priorities with emerging long-term strategies, particularly around sustainability and innovation. Implementing new payment methods follows closely at 10%, showing that the introduction of innovative payment systems continues to challenge firms. What’s next?

Cross-Border Payments 88

Cross-Border Payments Cross-Border Digital Currency Financial Crimes 88

Finextra

JUNE 18, 2025

Future-proofing with ISO 20022 compliance, worldwide migration to this modern structure providing flexibility for new and future services (cards, Instant Payment, CBDC, e-Invoicing, …). Twelve years on, the journey continues — driving payments toward a more open, interoperable, and innovative world. no mandatory cobadging).

ISO 20022 52

ISO 20022 Transactions Payment APIs and Integration Cross-Border 52

Fintech News

JULY 13, 2025

ASIC confirmed it is offering regulatory relief to participants, enabling them to test tokenised asset transactions, including, in some cases, the use of CBDCs. The Australian government continues to evaluate the integration of crypto assets and CBDCs into its broader financial framework.

Central Bank 73

Central Bank CBDC Settlement Use Case 73

The Payments Association

JUNE 16, 2025

This supports innovation, enhances customer experience, and can lead to better pricing and faster credit decisions, all while maintaining transparency and control for the consumer. Only a quarter of respondents recognised the advantage of gaining consent-based access to customer data.

On-Demand 88

On-Demand Settlement Disputes Addressing 88

The Paypers

JUNE 17, 2025

Faster settlement systems allow firms to reduce friction in payment processing, improve user experience, and support innovative financial products that require instant access to funds.

CBDC 36

CBDC Real Time Payments Financial Crimes Multi-Currency 36

The Fintech Times

FEBRUARY 28, 2025

The two-days at the Intercontinental O2 in London were a chance for the conference to showcase innovative technology, regulatory insights and emerging trends shaping the financial sector. Before lunch, Nick Kerrigan, head of innovation at Swift , highlighted the growing role of tokenisation in financial markets.

Embedded Finance 64

Embedded Finance AI Multi-Currency Compliance 64

The Paypers

JUNE 17, 2025

While broadly supportive of the Commission’s direction, the industry has raised concerns about certain elements that may limit innovation, competitiveness, and consumer empowerment. Free Headlines in your E-mail Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Consulting 36

Consulting FinTech Cross-Border CBDC 36

The Payments Association

JANUARY 15, 2025

Swift drives global interoperability and innovation, aligning with the UK’s National Payments Vision to enhance seamless, secure payments. The richer, more structured data promised by ISO 20022 represents a significant leap forward, increasing straight-through processing and providing a foundation for future innovation.

SWIFT 88

SWIFT ISO 20022 Cross-Border Cross-Border Payments 88

The Payments Association

JUNE 16, 2025

In the past five years, the UK has seen a sharp increase in the sophistication of APP fraud, driven by innovations such as deepfake technology, real-time payment abuse, and social engineering. Meanwhile, fraud techniques have continued to evolve at pace. Criminals are adapting quickly, often outpacing defensive responses.

Scams 88

Scams Assessments Consumer Protection Fraud Prevention 88

Finovate

NOVEMBER 18, 2024

CBDCs are more relevant than ever According to the report, “More than 90% of central banks are pursuing or considering central bank digital currency (CBDC) projects, and more than 30 have rolled out pilots.” Despite U.S.

Payments Trends 69

Payments Trends Global Payments CBDC Embedded Payments 69

Finovate

APRIL 4, 2025

“As a result, our Canadian clients now benefit from a solid regulatory foundation, ensuring access to some of the most innovative and secure crypto products in the local ecosystem under the supervision of the Ontario Securities Commission (OSC).” Here is our look at fintech innovation around the world.

Mitigation 59

Mitigation Cross-Border Acquirers Security 59

The Payments Association

JANUARY 22, 2025

The EU’s smart borders initiative exemplifies the innovative applications of digital identity in border control, using automated processes and biometric verification. Enriched data insights enable AI innovation, translating into more tools and value-added services.

Security 88

Security Online and Mobile Banking Credential Verification 88

The Paypers

JUNE 18, 2025

Ramp aims to build a financial operations platform for its clients that automates demanding and repetitive tasks, while the creative power of the human brain can be utilised for innovation. The company believes this is how AI was meant to be used.

CBDC 28

CBDC Financial Crimes Digital Currency Central Bank 28

The Paypers

JUNE 25, 2025

The payments landscape in the region is rapidly developing, driven by API-driven innovation that optimises interoperability and embeds international payments into financial services.

Cross-Border 36

Cross-Border Payment APIs and Integration Real Time Payments Cross-Border Payments 36

Fintech News

MAY 27, 2024

Central bank digital currencies (CBDCs) have largely existed in the virtual realm, with transactions initiated primarily through web and mobile interfaces. However, a significant shift has occurred with the launch of Eurasia’s first CBDC cards in Kazakhstan, providing 20 million consumers with a new, tangible way to manage CBDC funds.

CBDC 131

CBDC Transactions Payment APIs and Integration Cross-Border 131

The Fintech Times

SEPTEMBER 11, 2024

RAKBANK has successfully exchanged a remittance using China’s digital Yuan (eCNY) in exchange for the Digital Dirham, the UAE’s CBDC. “This is a gamechanger that paves the way for instant blockchain based CBDC exchanges with payment versus payment, fundamentally altering how we approach international payments.

CBDC 126

CBDC Cross-Border Payments Transactions Cross-Border 126

Finextra

OCTOBER 28, 2024

The Governor of the Bank of England, Andrew Bailey has re-affirmed his support for a retail central bank digital currency, arguing that central banks are the "only game in town" as commercial banks lack the incentive to push for innovation.

Innovation 145

Innovation CBDC Central Bank Digital Currency 145

Fintech News

MARCH 25, 2024

Swift, the global financial messaging cooperative, revealed that the latest round of experiments conducted within a collaborative Central Bank Digital Currency (CBDC) sandbox has shown promising results for the application of CBDCs and digital tokens. said Tom Zschach, Chief Innovation Officer at Swift.

CBDC 109

CBDC SWIFT Interoperability Settlement 109

Fintech News

DECEMBER 11, 2023

SC Ventures, the innovation, fintech investment, and ventures arm of Standard Chartered, and Giesecke+Devrient (G+D) successfully completed a proof-of-concept (PoC) on the Universal Digital Payments Network (UDPN). Meanwhile, the the direct model is where central banks manage wallets and settlements within a centralised CBDC system.

CBDC 113

CBDC Distributed Ledger Technology (DLT) Cross-Border Central Bank 113

Fintech News

JANUARY 23, 2024

The Bank for International Settlements (BIS) has recently announced a new series of projects for its 2024 Innovation Hub programme. Green Finance In 2024, the BIS Innovation Hub, Singapore Centre, is leading Project NGFS Data Directory 2.0, The project aims to adapt to evolving financial crime typologies.

Innovation 122

Innovation Cross-Border Payments CBDC Finance 122

Fintech News

OCTOBER 23, 2024

Australia has unveiled a three-year initiative to explore the potential of central bank digital currencies (CBDCs) with a focus on wholesale CBDC opportunities, industry outreach and regulatory improvements, Brad Jones, Assistant Governor (Financial System) at the Reserve Bank of Australia (RBA), told the audience at an industry event in September.

Central Bank 131

Central Bank CBDC Settlement Treasury 131

Fintech News

JUNE 4, 2024

Decentralised solutions, CBDC, and interconnected payment infrastructures offer promising paths to improve cross-border payments. This initiative is a collaboration between the BIS Innovation Hub Eurosystem and Singapore Centres, in partnership with several central banks.

Cross-Border Payments 107

Cross-Border Payments Cross-Border CBDC Settlement 107

The Fintech Times

SEPTEMBER 25, 2024

While 134 countries and currency unions, representing 98 per cent of global GDP, are currently exploring a central bank digital currency (CBDC), the Bank of Canada has revealed it is officially putting efforts to introduce a digital version of the Canadian dollar on pause. Could a CBDC still be in Canada’s future?

CBDC 75

CBDC Digital Currency Central Bank Privacy 75

PYMNTS

MARCH 30, 2020

The organization said that “the aim is to explore the potentialities offered by this technology, and to identify concrete cases integrating Central Bank Digital Currencies [CBDC] in innovative procedures for the clearing and settlement of tokenized financial assets.”

CBDC 98

CBDC Interbank Settlement Fincen Digital Currency 98

Finextra

OCTOBER 22, 2024

On the second day of Sibos, Benedicte Nolens, centre head of the BIS Innovation Hub moderated the session ‘Reality check: How far have CBDCs come?’, and the speakers outlined how central bank digital currencies (CBDCs) are in various processes of development in their countries.

CBDC 130

CBDC Digital Currency Central Bank Checks 130

PYMNTS

DECEMBER 27, 2020

Japan might look into launching its own central bank digital currency (CBDC) in both the public and private sectors, according to a report from Japan Times. Turkey is planning on piloting its own CBDC in the second half of 2021, according to a report from CoinDesk. The exchange will close trading services on Jan. 10, 2021 at 1 p.m.,

CBDC 101

CBDC Bitcoin Digital Currency ATM 101

Finextra

MAY 16, 2024

In just 6 months after Kazakhstan launched the digital tenge, its Central Bank Digital Currency, over 10 innovative CBDC card services have become available to the country's population of 20 million.

CBDC 64

CBDC Card Services Digital Currency Central Bank 64

The Fintech Times

JUNE 19, 2024

Following these aims, the latest stablecoin initiative hopes to boost digital transactions, advance the local digital economy and encourage innovation. ” So far, a proactive approach to regulations has proven successful, with clarity enabling innovation and making the region an attractive prospect for firms operating elsewhere. .”

CBDC 69

CBDC Stablecoins Regulations Disputes 69

The Fintech Times

AUGUST 28, 2024

Eddie Yue, chief executive at HKMA “Since the launch of Project Ensemble in March, we have been encouraged by the strong interest from the industry in pioneering innovative solutions to redefine the digital finance landscape,” explained Eddie Yue , chief executive of the HKMA.

Interbank Settlement 134

Interbank Settlement CBDC Settlement Use Case 134