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. This is an example of how the scale of the Swift network can be leveraged to interoperate market infrastructures to enhance the user experience.

SWIFT

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

Finextra

JUNE 18, 2025

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.

ISO 20022

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

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. Industry warns against restrictive provisions However, fintech organisations are urging co-legislators to reconsider several restrictive measures.

Consulting

The Payments Association

JANUARY 22, 2025

Additionally, standardisation of digital IDs is required to ensure they are interoperable with TSA systems. The EU’s smart borders initiative exemplifies the innovative applications of digital identity in border control, using automated processes and biometric verification.

Security

The Payments Association

JULY 18, 2025

David Abbott VP Payments Business and Strategic Accounts, Tuum “With increased scrutiny on payment services and electronic money providers, maintaining a robust and dedicated regulatory framework is critical to ensuring stability, innovation and consumer protection in support of the National Payments Vision.

Regulations

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

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

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

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

Open Banking Excellence

MAY 2, 2024

Today, Georgia is a centre of fintech innovation and home to a pioneering Open Banking ecosystem. In doing so, it bridged Western and Eastern cultures, serving as a conduit for the propagation of innovations and knowledge.” Our banks are agile and innovative. It is a competitive market. With a population of just 3.7

Interoperability

PYMNTS

MAY 11, 2020

Speaking at a virtual conference about the future of money, European Central Bank (ECB) executive board member Yves Mersch said a retail central bank digital currency (CBDC) is a game-changer. “A However, a retail CBDC, accessible to all, would be a game-changer, so a retail CBDC is now our main focus.”. We have to be ready.

CBDC

Fintech News

DECEMBER 20, 2023

Singapore also made strides in payment innovation, focusing on enhancing electronic payments and expanding cross-border capabilities. Singapore furthers payment innovation aspirations 2023 also saw Singapore advance its payment innovation ambitions, particularly in the realms of electronic payments and cross-border payment capabilities.

FinTech

Fintech News

OCTOBER 28, 2024

Finalists in the corporate categories were evaluated based on impact, sustainability, practicality, interoperability, and creativity, while individual submissions were assessed on contributions to the Singapore fintech sector. Four finalists were shortlisted in each category. Ripple, NETS, Syfe, and YouTrip returned as sponsors this year.

AI

Fintech Finance

MARCH 26, 2024

Interoperability is critical to Swift’s strategy for instant and frictionless transactions. The second phase of sandbox testing went further, exploring more complex use cases, using Swift’s solution to connect and orchestrate transactions across simulated digital trade and tokenised asset and FX networks, alongside CBDCs for payments.

Use Case

Fintech Finance

JANUARY 11, 2024

The Practicalities of Cross-Border Payments in a Faster Payments World also highlights the challenges faced by fintech companies, providing insights into regulatory compliance, security, foreign exchange rate risks, lack of transparency, high costs, interoperability, data privacy, competition with financial institutions, and liquidity management.

Cross-Border Payments

PYMNTS

JULY 30, 2020

The new system, slated to debut in 2022, will also have the capability to handle a central bank digital currency (CBDC), such as a digital pound, CoinDesk reports. at the leading edge of payments innovation.”. at the leading edge of payments innovation.”. It will support a resilient financial system that protects the U.K.’s

Real Time Gross Settlement (RTGS)

Faster Payments Council

MARCH 15, 2023

Whether we will see these services gain traction is tied to what many believe to be a major hurdle–interoperability. FedNow may not interoperate with RTP, and it doesn't seem to be a priority for either. Some banks may not be able to connect to both. These projects are taking different implementation approaches.

FPC

Fintech News

DECEMBER 13, 2024

These initiatives aim to make transactions faster, cheaper, and more accessible, fostering innovation in Southeast Asias digital finance landscape. Finally, stablecoins face competition from CBDCs, as many governments prioritise CBDC development over private stablecoins. By reducing dependence on the U.S.

Stablecoins

Fintech News

DECEMBER 10, 2023

In APAC, financial inclusion has emerged as a driving force behind digital innovation. The evolving payment landscape Edward underscored that the payment landscape continually evolves, with innovations such as central bank digital currencies (CBDCs) gaining prominence.

Addressing

Clearly Payments

JANUARY 4, 2024

In the future, there will likely be the opportunity to use central bank digital currencies (CBDCs) that are digital tokens issued by the government. Stablecoins represent a crucial innovation within the cryptocurrency space, designed to address the inherent volatility associated with traditional cryptocurrencies like Bitcoin and Ethereum.

Cryptocurrency

The Fintech Times

JUNE 6, 2024

This project aims to create a multi-central bank digital currency (CBDC) platform for instant cross-border payments and settlements, leveraging distributed ledger technology (DLT). Several commercial banks have already started using the mBridge platform to facilitate cross-border CBDC payments among participating jurisdictions.

Participant

Fintech News

FEBRUARY 27, 2024

The Reserve Bank of Australia (RBA) also played a crucial role by exploring the concept of retail and wholesale Central Bank Digital Currencies (CBDC) through its eAUD pilot programme , which focused on a wide array of use cases and essential legal aspects. Singapore’s policy framework also accommodates innovation in digital assets.

APACS

PYMNTS

JANUARY 21, 2020

21), at least some of those central banks are banding together to form a group that will study ways and means of issuing central bank digital currencies (CBDC). The group will be co-chaired by Bank of England Deputy Governor Jon Cunliffe and former ECB official Benoit Coeure , who helms the BIS Innovation Hub. is joining the CBDC fray.

Central Bank

Faster Payments Council

SEPTEMBER 12, 2022

The panel will discuss issues such as security, governance, and interoperability as well as concerns that the U.S. In this session, FPC QR Code work group leaders address the call to action for payment industry standards needed for universal acceptance and interoperability of QR codes.

FPC

M2P Fintech

MARCH 28, 2024

The Fintech industry is constantly evolving with innovations and technologies coming up often. Central Bank Digital Currency (CBDC) A CBDC represents a nation’s currency in digital form, administered directly by the central bank. Unlike physical cash or bank deposits, CBDCs are purely electronic.

FinTech

The Fintech Times

FEBRUARY 19, 2024

Barriers to entry persist Saxon Bartop, head of innovation, Partior Saxon Bartop , head of innovation, Partior, the global unified ledger market infrastructure for clearing and settlement, notes which barriers are proving bothersome for firms and how they can be overcome. BIS Aurum) and interoperability solutions (e.g,

Cross-Border Payments

Fintech News

MAY 8, 2024

Thailand, under the guidance of the Bank of Thailand (BOT) , has been at the forefront of this movement, continuously studying and testing the feasibility of a Retail CBDC since 2018. The project evolved, incorporating enhanced functionalities, cross-border fund transfers, and a Corporate CBDC Pilot Program.

CBDC

The Fintech Times

NOVEMBER 23, 2024

Continuing the second phase of piloting its central bank digital currency (CBDC), Drex, the Central Bank of Brazil (BCB) has selected Brazilian digital bank Banco Inter , Microsoft Brazil , blockchain platform Chainlink , and 7COMm , a decentralised finance-focused firm, to build a trade finance solution.

CBDC

Fintech News

DECEMBER 15, 2024

This marks a critical milestone in the exploration of a Central Bank Digital Currency (CBDC). This blueprint emphasizes fostering innovation, enhancing financial inclusion, and bolstering economic sustainability through advanced payment technologies.

CBDC

The Payments Association

DECEMBER 2, 2024

Moreover, this model is driving innovation in sectors like healthcare and logistics, where integrated payment solutions are streamlining processes and making services more accessible. These innovations strengthen user loyalty and drive higher conversion rates. AI is also revolutionising customer engagement.

Embedded Finance

The Payments Association

APRIL 14, 2025

It introduces a richer, more structured data format for payment messages, designed to enhance interoperability, increase efficiency, and reduce ambiguity in financial communications. Engage in industry-wide testing phases, scheduled to begin in January 2027, to validate readiness and interoperability with other market participants.

Regulations