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Central Bank Financial Inclusion Instant Payments 
Fintech Finance
MARCH 24, 2025
The Somalia Payment Switch (SPS1) has successfully launched the country’s first ever Instant Payment System with QR payments support powered by BPC’s next generation SmartVista platform, a global leader in payment solutions2.
Fintech Finance
MARCH 24, 2025
The Somalia Payment Switch (SPS1) has successfully launched the country’s first ever Instant Payment System with QR payments support powered by BPC’s next generation SmartVista platform, a global leader in payment solutions2.
The Fintech Times
JANUARY 28, 2025
The Central Bank of Brazil has authorised the digital payments organisation, PagBrasil to operate as a payment institution (PI) in the electronic money issuer category. This achievement marks a significant milestone for PagBrasil as the digital payments solutions market continues to grow.
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Fintech Finance
AUGUST 27, 2024
Mexipay will utilize ACI’s Digital Central Infrastructure solution, part of the award-winning ACI Enterprise Payments Platform, to address the need for enhanced real-time payment services.
Fintech Finance
SEPTEMBER 24, 2024
Fime has been selected by BancNet , the Philippine-based domestic scheme, to support the onboarding, testing and certification process for its instant payments service, InstaPay. This will allow institutions to launch their instant payments services to their customers more quickly.
PYMNTS
SEPTEMBER 8, 2020
The race toward central bank digital currencies (CBDCs) is tightening, with Brazil reportedly looking to launch one by 2022 in a bid to help digitize payments. Roberto Campos Neto, president of Brazil’s central bank, said his country’s new digital currency will work in concert with its new instant-payments system. “To
The Fintech Times
JULY 2, 2024
Aani, operated by Al Etihad Payments , has become a crucial part of the Central Bank of the UAE’s National Payment Systems Strategy (NPSS), which aims to create a digitised, cashless economy in the UAE. Mashreq led the first stage of Aani’s implementation alongside seven other UAE-based financial institutions.
Fintech News
MAY 29, 2025
ACI Worldwide has unveiled ACI Connetic , a new cloud-native platform designed to streamline payment processing for banks and financial institutions. ACI Connetic combines account-to-account transactions, card payments, and AI-powered fraud prevention into a single platform.
Fintech News
NOVEMBER 12, 2024
These experts covered some of the industry’s hottest trends and most urging issues, including artificial intelligence (AI), quantum computing, digital assets, next-generation transactions, and financial inclusion. The regulatory attributes are finalized, and the central bank is now working on legislation, he said.
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The Fintech Times
MARCH 4, 2025
The Latin American payments sector has been dominated by the success of Pix. In fact, according to a report by Matera, an instant payments, QR code, and digital ledger technology firm, Pix transactions exceeded six billion monthly in Q4’24. However, this is not the case in Colombia.
Clearly Payments
OCTOBER 31, 2024
America Biometric Payments 2 Global, especially mobile-first markets Cash Payments 5 Emerging Markets, some developed regions Central Bank Digital Currencies (CBDCs) 1 Asia, Caribbean Credit Cards Overview : Credit cards allow consumers to make purchases on credit, paying later and often with interest.
Fintech News
JULY 3, 2024
The Bank for International Settlements (BIS) and its partners have revealed the comprehensive blueprint for phase three of Project Nexus, which seeks to address longstanding challenges in international money transfers by leveraging the power of domestic instant payment systems (IPS).
Fintech Finance
JULY 4, 2024
The introduction of a token-based solution such as G+D Filia® Unplugged not only strengthens payment resilience but also has the potential to drive financial inclusion for nearly 1.4 The success of several CBDC pilot projects around the globe has demonstrated the importance of offline payments.
PYMNTS
JULY 26, 2020
Since its debut four years ago, India’s Unified Payments Interface (UPI), the instant payment system developed by the National Payments Corp. of India (NPCI) that facilitates inter-bank transactions, has propelled the growth of online payments, the Financial Times (FT) reported.
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The Fintech Times
MARCH 18, 2025
Wipay Another International Pix partner is Wipay, a Spanish company specialising in payment technology, which has announced the arrival of the Pix Instant Payment System in Europe. Moreover, Pix offers lower fees compared to traditional payment methods, with no risk of chargebacks, helping merchants reduce operating costs.
The Fintech Times
AUGUST 8, 2024
Ziina , a UAE-based financial platform supporting consumers and entrepreneurs, has secured the Stored Value Facility (SVF) licence from the UAE Central Bank , enabling it to expand its range of financial services.
59 
The Fintech Times
JUNE 13, 2024
Mostafa Menessy , co-founder and CTO of MENA-based fintech company, Paymob breaks down the different technological advancements and initatives that are enabling the MENA region to take such a front running position in fintech and payments development.
The Fintech Times
NOVEMBER 7, 2024
The country hosts eight banks, with the domestic state-owned bank, the Bank of Maldives (BML), accounting for 51 per cent of total assets. Also, two-thirds of the population in 2017 made or received a digital payment in the past year. This development promises to reshape the way transactions are conducted in the country.
59 
Finovate
JULY 19, 2024
A key part of Brazil’s PIX instant payments ecosystem, Matera offers core banking, instant payments, and QR code payment technology to more than 250 banks, credit unions, and financial institutions globally. To this end, the company has acquired U.S.-based
Fintech News
JANUARY 30, 2024
Other payment trends in Asia preceding 2024 including the rise of B2B buy now pay later (BNPL), growing prominence of central bank digital currency (CBDC), and prevalence of composable, cloud-based ‘as-a-Service’ IT architecture models have helped shape much of what we anticipate for 2024.
120 
Fintech Finance
APRIL 16, 2024
Episode Six (E6), a leading global provider of enterprise-grade payment processing and ledger infrastructure, has today announced a partnership with Loop , a major e-Money institution (EMI), to power its Fintech-as-a-Service offering in the Kingdom of Saudi Arabia (KSA).
The Fintech Times
MAY 8, 2025
Global paytech EBANX , which specialises in payment services for emerging markets, has successfully integrated UPI Autopay, the recurring payments feature of Indias instant payments system, Unified Payments Interface (UPI), into its cross-border payments platform.
51 
The Payments Association
JUNE 3, 2025
This is what distinguishes tokenisation from being solely a security measure: its enabling of cross-border capital flows, fractional ownership models, and financial inclusion. With FedNow enabling instant payments in the US, speed and reliability become non-negotiable.
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PYMNTS
AUGUST 21, 2020
Earlier this month, as PYMNTS noted , the Federal Reserve said its Boston bank is working with the Massachusetts Institute of Technology (MIT) to explore the possibility of issuing digital currency. Central bank digital currencies (or CBDCs) have been gathering steam, at least as a concept.
107 
Fintech News
DECEMBER 10, 2023
Combatting fraud As the world becomes more interconnected and instant payments gain prominence, the threat of fraud also rises. Push payment fraud, where funds are transferred to fraudulent accounts, is a significant concern. The immediacy of instant payments demands precision and validation.
120 
Fintech Finance
OCTOBER 4, 2024
The context and challenges of each impact the means, not the end, because the result of this digital revolution is very similar in all these regions: economic development, financial inclusion, and innovation,” says Juliana Etcheverry , Director of Country Growth – Latin America at EBANX.
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Faster Payments Council
SEPTEMBER 12, 2022
How can we look to this rapidly growing business for new use cases for instant payments? A robust information exchange framework with common standards and protocols is a step toward enabling e-invoices and e-remittances support for instant payment messages in the United States.
88 
The Payments Association
JANUARY 21, 2025
Generational trends show younger users leading the adoption of digital wallets and stored credit cards, while older demographics continue to prefer traditional methods like bank transfers and debit cards, underscoring the need for inclusive payment solutions.
The Payments Association
MARCH 19, 2025
Regions like Africa are seeing digital wallets driving financial inclusion, as seen with M-Pesa, which has connected millions of unbanked individuals to financial services. Digital wallets are expanding faster than financial oversight can keep up, forcing governments to scramble for new safeguards without choking innovation.
PYMNTS
JANUARY 14, 2021
The Clearing House's real-time payments offering, the RTP ® network, continues to gather steam with financial institutions (FIs), FinTechs and their business customers in this week's Payment Rail Innovation roundup. Wells River Savings Bank Joins The RTP Network. Pakistan Preps Instant Payment System.
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Fintech Finance
FEBRUARY 12, 2024
Visa , a world leader in digital payments, announced the signing of a Memorandum of Understanding (MoU) with Egyptian Banks Co. for Technological Advancements (EBC), the operator and developer of national payment networks and ecosystems, in collaboration with the Central Bank of Egypt (CBE).
52 
Fintech News
APRIL 16, 2024
The event is poised to provide a comprehensive platform for professionals across the Asia-Pacific (APAC) region to explore the latest advancements in fintech across a wide range of sectors, including payments, banking, regtech, insurtech, lending, and more. That year, real-time payments represented 24.7% In 2021, it recorded 9.7
120 
Finovate
MARCH 7, 2025
Its fair to say that traditional financial systems left many people and communities underserved, but LPMsfrom mobile wallets in Africa to RTP schemes like UPI in Indiabridge this gap, and theyre empowering billions of consumers to participate in the digital economy. At Boku, we want to be at the heart of this transformation.
52 
Fintech Finance
DECEMBER 8, 2023
Unbeknownst to them, they are all integral players in the ongoing instant payments revolution. People have seamlessly embraced various instant payment methods, with NIP in Nigeria, UPI in India, and Pix in Brazil emerging as the standout choices for their daily transactions. The numbers tell a compelling story. .
The Fintech Times
OCTOBER 4, 2024
“India has recently achieved unprecedented levels of financial inclusion and is actively promoting the adoption and growth of the online sector,” explains Rashmi Satpute , country director of India at EBANX. African countries are other examples of how emerging markets have been leading in payment innovation.
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PYMNTS
JUNE 24, 2020
The news that Brazil has seen a sudden “freeze” of WhatsApp payments, introduced only last week by Facebook, raises questions about the nature of platforms, the nature of competition — and whether regulators may be treading with heavy feet on consumer choice. The central bank cited antitrust concerns as the reason behind the suspension.
52 
The Fintech Times
JUNE 18, 2024
As of April 2023, there were 1,000 active fintechs in Latin America (LatAm) with a vast majority focusing on financial inclusion, tackling the issue of 70 per cent of the population not having access to formal financial services. This success is now drawing attention in Latin America and further afield.
64 
Fintech Finance
MAY 7, 2024
Through an affiliate, Gallant Capital Acquires Fime as well as the UL Solutions payments testing business (collectively, the “Company”), combining the technical capabilities and expertise of both businesses under the Fime brand.
52 
Fintech Finance
MAY 3, 2024
NPCI International Payments Limited (NIPL), the international arm of the National Payments Corporation of India (NPCI), has signed an agreement with the Bank of Namibia (BoN) to support them in developing an instant payment system like Unified Payment Interface, UPI stack in Namibia.
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The Fintech Times
JULY 5, 2024
With Filia Unplugged, we are helping to bridge this gap,” explained Raoul Herborg , managing director of Central Bank Digital Currency ( CBDC ) at G+D. By incorporating offline capabilities into digital payments, G+D hopes to help overcome these challenges.
Fintech Finance
APRIL 30, 2024
The report also reveals that many of the newer market entrants around the globe are quickly catching up, with lawmakers and central banks around the world pushing for adoption, determined to reap the economic benefits of real-time payments and drive financial inclusion for their citizens. billion by 2028.
The Fintech Times
MAY 1, 2024
It also identifies how lawmakers and central banks are pushing for adoption, determined to reap the economic benefits of real-time payments and drive financial inclusion for their citizens. Debbie Guerra, chief product officer, ACI Worldwide “Real-time payments—and especially cross-border payments—are the future.
CoinRemitter
MAY 29, 2024
With the rise in digital currencies for payments and transactions, two innovations are much discussed: Central Bank Decentralised Currencies (CBDCs) and cryptocurrencies. CBDCs Central Bank Decentralised Currencies (CBDCs) is a form of digital currency, that is issued and regulated by the central bank of a country.
PYMNTS
JANUARY 21, 2019
The letter highlighted the role of faster payments as a panacea to financial inclusion problems in the U.S. Their support of the Fed as the answer to all that ails faster payments seems particularly well-timed. The card networks enable instant payments today, too.
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