The Payments Association

APRIL 28, 2025

Key insights from the PAY360 2025 survey on current challenges and opportunities in the payments sector. It highlights how industry leaders are prioritising AI, cross-border payments, and digital currencies while grappling with regulatory, technological, and customer demands. Why is it important? What’s next?

Cross-Border Payments 88

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

PYMNTS

JULY 30, 2020

The Bank of England (BoE) is pushing ahead with an overhaul of a key part of the United Kingdom’s financial payments infrastructure. 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.

Real Time Gross Settlement (RTGS) 63

Real Time Gross Settlement (RTGS) Digital Currency Central Bank CBDC 63

The Fintech Times

DECEMBER 31, 2023

As we enter 2024, the emergence of truly instant payment solutions feels almost inevitable. “According to research from the European Central Bank (ECB), Single Euro Payments Area (SEPA) instant credit transfers currently account for only 14 per cent of all conventional SEPA credit transfers.

Global Payments 125

Global Payments Online and Mobile Banking Alternative Payment Methods Instant Payments 125

PYMNTS

DECEMBER 10, 2019

Policymakers at the European Central Bank (ECB) will meet in Frankfurt on Wednesday (Dec. Members of the Governing Council anticipate informal discussions about digital currency, which will take place ahead of a Thursday (Dec. Lagarde has vocalized that she favors central banks releasing electronic money.

Central Bank 54

Central Bank Digital Currency Federal Reserve Fed 54

The Payments Association

MARCH 19, 2025

The growing role of digital assets in payments The way we process payments has changed drastically in the last decade. Instant, contactless, and tokenised payments are now at the forefront of payment processing. These innovations offer businesses and consumers a way to move money faster, cheaper, and more securely.

Cross-Border 88

Cross-Border Reconciliation Compliance Payments 88

Fintech News

JUNE 4, 2024

The Bank for International Settlements (BIS) has launched Project Rialto to test the potential for improving instant cross-border payments through a combination of a modular foreign exchange (FX) component and wholesale central bank digital currencies (wCBDC).

Cross-Border Payments 107

Cross-Border Payments Cross-Border CBDC Settlement 107

PYMNTS

DECEMBER 17, 2019

Payment rails are getting more attention these days, and there is an increasing focus on offering a standardized, relatively seamless experience that can be locked and loaded by various operators with minimal hassle. that develops solutions for digital currency. We offer a single API across all banks,” Kirsch told Webster.

Central Bank 52

Central Bank Global Payments Cross-Border Payment APIs and Integration 52

PYMNTS

SEPTEMBER 15, 2020

Interchecks Co-founder and CEO Dylan Massey said in a statement that the company "started with a commitment to offset wire and ACH payments with Visa Direct in an effort to speed-up funds availability, and the project grew from there." Emirates NBD Consolidates Global Payments Infrastructure.

RTP 105

RTP Blockchain Distributed Ledger Technology (DLT) Cross-Border 105

PYMNTS

OCTOBER 15, 2020

The stage may even be set for the emergence of digital currencies, and as Circle’s Allaire said digital dollars (with 500 percent growth through the past several months), among others, have “really started to become not just a technical reality, but a legal and regulatory reality as well.”.

Real Time Payments 125

Real Time Payments NACHA SWIFT TCH 125

PYMNTS

DECEMBER 5, 2019

In today’s top news, the European Central Bank (ECB) has mulled using a public cryptocurrency if international payments inside of Europe stayed too costly. ECB Has Considered Crypto to Cut Global Payment Costs. Also, Grab is introducing Asia’s first numberless card in batches.

Digital Currency 52

Digital Currency Central Bank Cryptocurrency Payments 52

PYMNTS

DECEMBER 5, 2019

To make sure that they stay at the center of the global payment system, the head of the Bank of International Settlements (BIS) says that central banks have to embrace the revolution in digital money, Bloomberg reported Thursday (Dec. Such a move could potentially undermine the whole system, he said.

Central Bank 52

Central Bank CBDC Bitcoin Settlement 52

Fintech News

APRIL 28, 2024

Other sessions also delved into key trends and issues shaping the global payment landscape, including open banking in Europe, the QR code revolution in Asia as well as the US’s card dominance. It utilizes both Q-money, a Thai Baht-based digital currency, and JPM Coin, which represents US dollar deposits.

Payment APIs and Integration 117

Payment APIs and Integration Cross-Border Cross-Border Payments Financial Inclusion 117

PYMNTS

SEPTEMBER 18, 2019

“The federal government will work at [the] European and international level to ensure that stablecoins will not become an alternative to official currencies,” the document said. Germany’s national central bank, the Bundesbank , is also in talks with officials in Berlin about the development of digital currency.

Stablecoins 54

Stablecoins Finance Cryptocurrency Central Bank 54

Fintech News

APRIL 23, 2024

So how do payment software vendors distinguish themselves in terms of flexibility? Why flexibility is vital Flexibility is vital in payments, given the dynamic nature of markets and emerging concepts like cloud, AI, metaverse , NFTs, and central bank digital currency. fostering intense competition.

Multi-Currency 109

Multi-Currency Web 3.0 Payments Acquirers 109

Fintech Review

JANUARY 28, 2025

Despite regulatory uncertainties, blockchains adoption in payments is likely to expand. Businesses and governments are exploring its potential to create central bank digital currencies (CBDCs), which could further enhance financial inclusion. Blockchain offers near-instant transfers at a fraction of the cost.

Digital Payments 87

Digital Payments Embedded Finance Payment APIs and Integration Fraud Detection 87

PYMNTS

DECEMBER 18, 2019

MUFG’s Unconfirmed Digital Currency. Another show of support for blockchain-powered payments comes from Japan’s MUFG, though the bank declined to confirm the exact nature of its joint venture with human resources company Recruit Holdings. M10 Eyes Central Banks’ Rail Demands.

B2B 52

B2B Credit Union Electronic Funds Transfer (EFT) RTP 52

The Fintech Times

JUNE 6, 2024

Project mBridge , a collaborative initiative involving multiple central banks and the Bank for International Settlements’ (BIS), h as reached an important development milestone. The Saudi Central Bank (SAMA) has recently joined as a full participant, with over 26 other central banks observing.

Participant 45

Participant Distributed Ledger Technology (DLT) Cross-Border Payments CBDC 45

Fintech Finance

MARCH 26, 2024

The cooperative has focused its innovation agenda on interoperability between digital currencies and tokenised assets to overcome the potential risk of fragmentation, caused by the development of digital currencies on different technologies and with different standards and protocols.

Cross-Border 52

Cross-Border Use Case SWIFT CBDC 52

Faster Payments Council

MARCH 15, 2023

Differences in currency, time zones, infrastructure, laws, and regulation remain barriers to fast, efficient, affordable and accessible cross-border payments for businesses and consumers alike. These projects are taking different implementation approaches.

FPC 88

FPC ISO 20022 Cross-Border Payments Federal Reserve 88

The Fintech Times

JUNE 19, 2024

The Central Bank of the United Arab Emirates (CBUAE) has approved new regulations for stablecoins, enabling it to integrate Dirham-backed digital currencies into its financial ecosystem. With exchanges and startups leaving the US and Europe over legal fears, the new regulation makes the UAE even more appealing.”

CBDC 69

CBDC Stablecoins Regulations Disputes 69

The Fintech Times

DECEMBER 15, 2023

Tim Moncrieff, senior director, strategic initiatives, Visa Cross-Border Solutions, says: “Businesses will increasingly demand payment solutions characterised by speed, ease of access, transparency and cost-efficiency, mirroring what we’ve grown accustomed to in personal banking.

Cross-Border 59

Cross-Border Cross-Border Payments Interoperability Payments 59

Clearly Payments

FEBRUARY 14, 2024

The payment processing ecosystem is vast and multifaceted, with a staggering array of statistics underscoring its significance. For instance, the global payment processing market is estimated to reach a monumental $587.78 Furthermore, global payment volume reached a staggering $31.7

Payments 104

Payments Value Added Service BNPL ISOs 104

Fintech News

DECEMBER 10, 2023

Additionally, it prevents tainted payments from entering the correspondent banking network, thus bolstering security. “ We have a solution to this issue: the LexisNexis Bankers Almanac Validate which verifies global payment data and prevents fraud.

Addressing 120

Addressing Fraud Prevention Financial Inclusion Payments 120

PYMNTS

JUNE 18, 2019

The endless speculation over Facebook ’s plans to build a new set of global payments rails and launch a global cryptocurrency comes to an end today with the official launch of Libra. At PayPal, we believe in democratizing participation in the digital economy for people from all walks of life and businesses of all sizes.

Payments 98

Payments Online and Mobile Banking Cross-Border Financial Inclusion 98

PYMNTS

SEPTEMBER 16, 2019

Visa has made multiple new partnerships to digitize and accelerate insurance claims payouts. The global payments company is making disbursements faster to Erie Insurance and PNC Bank customers. Startups, Instant Payments Could Put $280B In Global Payments Revenue At Risk For Banks.

Federal Reserve 48

Federal Reserve Payments Global Payments Digital Currency 48

PYMNTS

SEPTEMBER 6, 2018

The process integrates the World Wire’s APIs into banks’ payments systems. According to a statement on the launch: “Two financial institutions transacting together agree to use a stable coin, central bank digital currency or other digital assets as the bridge asset between any two fiat currencies.

Cross-Border 40

Cross-Border SWIFT Cross-Border Payments Payment APIs and Integration 40

PYMNTS

JUNE 19, 2019

The world has gotten its first good look at Libra — Facebook ’s long-anticipated move into cryptocurrency and global payments. The move also includes the first application that will run on those rails, a digital wallet called Calibra, the product of a new Facebook subsidiary by the same name. So what is? The Divided Opinions.

Bitcoin 59

Bitcoin Cryptocurrency Digital Currency Privacy 59

PYMNTS

MAY 16, 2018

” According to reports, the solution is part of LG’s broader initiative to deepen its presence in the digital currency, authentication and supply chain management space as blockchain moves to disrupt them. Reports said LG is also preparing a digital currency business developed in collaboration with banks.

Blockchain 40

Blockchain Cross-Border Payments Cross-Border Digital Currency 40

Fintech News

OCTOBER 16, 2024

SFF 2024 will also focus on next-gen transactions, providing an overview of the current state of the global payments landscape, identifying gaps and opportunities, improving cross-border payments and showcasing cutting-edge innovations in payment technologies.

FinTech 113

FinTech Cross-Border Payments AI Innovation 113

Fintech Finance

APRIL 22, 2024

(JCB), announced the launch of the first ever JCB payment gateway in Malaysia. Leveraging JCB’s robust global network and Soft Space’s technical expertise, the JCB payment gateway aligns with the global shift towards diversified digital transactions, meeting the market’s demand for secure, innovative payment options.

Payment Gateways 52

Payment Gateways Gateways Payment APIs and Integration SDN 52

PYMNTS

OCTOBER 7, 2019

But nearly all of them have raised big red flashing cautionary flags over the notion of a single global currency, Libra, running over new payments rails, and into a Facebook wallet called Calibra. Questions about regulatory compliance related to money laundering were reported to be the reason for PayPal’s exit.

Regulations 79

Regulations Payment Networks Cross-Border Cryptocurrency 79

The Fintech Times

DECEMBER 22, 2023

As the IMF chief urges for a more proactive push for central bank digital currencies, Web3 companies will keep a close eye on the overall approach of these institutions and regulatory bodies, particularly monitoring how their actions will affect the industry as a whole.

Regulations 65

Regulations Bitcoin Blockchain Compliance 65

PYMNTS

SEPTEMBER 6, 2018

The company said that the Blockchain World Wire can simultaneously clear and settle cross-border payments in near real time. The digital asset facilitates the trade, and supplies important settlement instructions.

SWIFT 40

SWIFT Payment Initiation Caps Cross-Border Payments 40

Fintech News

DECEMBER 19, 2023

MoneyLIVE Summit March 06 – 07, 2024 QEII Centre, London, England MoneyLIVE Summit , scheduled for March 06-07, 2024, at the QEII Centre in London, England, is a global payments and banking event bringing together industry leaders at the top of their game.

FinTech 128

FinTech Web 3.0 Participant AI 128

The Fintech Times

DECEMBER 14, 2023

Pave Bank is a fully regulated commercial bank where clients can get business banking products (such as multi-currency operating accounts, global payment connectivity, and treasury management solutions). This is a multi-asset, always instant and always on network of Pave Bank customers.

Economy 59

Economy Finance Multi-Currency Regulations 59

PYMNTS

JULY 10, 2019

Facebook told Bloomberg on July 9 that Calibra will not launch in India , where the country’s central bank last year banned financial firms from dealing with cryptocurrencies. Federal Reserve Chairman Jerome Powell told the House Financial Services Committee. said Anuj Nayar, financial health officer at LendingClub.

Money Laundering 43

Money Laundering Privacy Federal Reserve Cryptocurrency 43

PYMNTS

JULY 1, 2019

Facebook’s launch of Libra on June 18 unleashed a firestorm of media coverage, mostly repetitive, and mostly a piling on over the regulatory bear that it poked when unveiling its global payments plus cryptocurrency plans. Libra’s plan to reinvent global payments for people and businesses is an ambitious goal.

Bots 62

Bots Online and Mobile Banking Regulations PayPal 62