Remove CBDC Remove Instant Payments Remove Online and Mobile Banking
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Connected Devices, Instant Payments, Digital Shift Top This Week’s News

PYMNTS

We have deep dives on connected devices, instant payments and what the digital shift means for customer expectations of card issuers. Customers now anticipate rewards, mobile integration, spend-management offerings — and that transactions that feel immediate and seamless regardless of marketplace or platform. banking license.

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Central Banks See Digital Fiat As Complement To Cash, Not Replacement

PYMNTS

The recently released report by the Bank for International Settlements ( BIS ) offers a general framework for digital currencies. The BIS noted of central bank digital currency ( CBDC ) that “a CBDC could provide a complementary central bank money to the public, supporting a more resilient and diverse domestic payment system.

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The Journey of Payments and Clearing Systems in India

Finextra

Indigenous Banking (Shroffs and Mahajans): Long before modern banks, India had a thriving indigenous banking system. These banks introduced formal ledger-based accounting and cheque payments. Cheque System: The cheque emerged as a formal payment instrument, requiring physical movement and manual clearing processes.

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Wallet wars: How digital payments are reshaping finance

The Payments Association

As digital wallets reshape finance and big tech challenges traditional banks, who will control the future of money? CEO Linda Yaccarino framed the move as a leap forward, but the real story is bigger: tech giants are no longer just facilitating payments, theyre actively reshaping the financial industry.

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

Finextra

For example, contactless acceptance and PIN Online have been supported in nexo protocols since the beginning, whereas some countries took over 10 years to roll them out. nexo protocols have since been adopted by major players across Europe and beyond — not only for card payments but also supporting mobile and QR Code -based payments.

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G+D Filia® Unplugged Brings Offline Capability to Digital Payments

Fintech Finance

SecurityTech company Giesecke+Devrient (G+D) is making digital payments independent of online connectivity. Even in today’s digital-first economy, connectivity issues can present challenges for digital payment transactions, especially in rural areas. In highly industrialized economies, internet access is not uniformly reliable.

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FinTech Nubank To Purchase Broker Easynvest

PYMNTS

Since its foundation, Nubank wanted to offer a full-service financial platform because we see much inefficiency in the banks,” Vélez told Reuters. Vélez explained in a previous PYMNTS feature story how the bank makes safe and easy-to-access digital experiences as well as why COVID-19 is fueling even more dependence on debit payments.