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

Digital Currency 87

Digital Currency Central Bank CBDC Instant Payments 87

Fintech Finance

SEPTEMBER 27, 2024

This strategic partnership aims to empower Trinidad and Tobago to establish a reliable and efficient real-time payments platform for both person-to-person (P2P) and person-to-merchant (P2M) transactions, expanding digital payments in the country and fostering financial inclusion.

Real Time Payments 98

Real Time Payments Financial Inclusion Central Bank International Payments 98

Fintech News

DECEMBER 11, 2023

This PoC involved executing real-time cross-border test transactions between various Central Bank Digital Currency (CBDC) systems. Meanwhile, the the direct model is where central banks manage wallets and settlements within a centralised CBDC system. The PoC explored two models.

CBDC 113

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

The Fintech Times

SEPTEMBER 19, 2024

The Thai banking sector could have a new key player in the first half of 2025 as Lighthub Asset , a Thai fintech and WeLab , a pan-Asian fintech platform submit an application for a virtual banking licence with the Bank of Thailand. It will provide localised digital banking services to everyone, including the underserved.

Financial Inclusion 59

Financial Inclusion Underserved Interoperability Multi-Currency 59

Open Banking Excellence

JULY 1, 2024

With the UK government continuing to support the UK’s broader fintech environment and promote open banking innovation, Open Banking in a Box will champion the UK’s world-leading open banking standards and make the case for greater cross-border interoperability that will benefit UK PLC and support financial inclusion globally.

Use Case 130

Use Case Cross-Border Regulations Best Practices 130

Clearly Payments

JANUARY 4, 2024

Unlike traditional currencies issued by governments and central banks, cryptocurrencies are typically based on blockchain technology, a distributed ledger that records all transactions across a network of computers. By accepting cryptocurrency payments, merchants contribute to a more inclusive global economy.

Cryptocurrency 105

Cryptocurrency Stablecoins Digital Currency Cross-Border Payments 105

PYMNTS

NOVEMBER 7, 2016

In a press release , eCurrency Mint said BRM will issue the digital tender, eCFA, in compliance with eMoney regulations of Banque Centrale des Etats de l’Afrique de l’Ouest (BCEAO), the central bank of WAEMU. The aim of the currency is to secure universal liquidity, promote interoperability and provide transparency.

Digital Currency 73

Digital Currency Financial Inclusion Interoperability Central Bank 73

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. Interoperability Is Key.

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CBDC Fed Federal Reserve ISO 20022 107

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 93

Cross-Border Payments Cross-Border Faster Payments ISO 20022 93

The Fintech Times

MARCH 18, 2025

In 2025, PagBrasil received authorisation from the Central Bank of Brazil to operate as a payment institution (PI) in the electronic money issuer category. The PI license is a testament to our strength as a fintech now officially recognised by the Central Bank. What are you most excited about in 2025?

Online and Mobile Banking 64

Online and Mobile Banking Central Bank Cross-Border Instant Payments 64

Fintech Finance

APRIL 23, 2025

Pay10 , a leading Alternative Payment Method (APM) provider headquartered in the UAE announces that it has become the first fintech company to go live in production on the Central Bank of the UAE’s (CBUAE) Open Finance Framework, authorizing it to provide payment initiation services including variable recurring payment.

Finance 59

Finance Interoperability Central Bank Financial Inclusion 59

Fintech News

DECEMBER 10, 2023

In APAC, financial inclusion has emerged as a driving force behind digital innovation. Many nations within the region have recognised the transformative potential of extending financial services to underserved populations. The absence of proper documentation and financial education presents significant hurdles.

Addressing 120

Addressing Fraud Prevention Financial Inclusion Payments 120

The Fintech Times

SEPTEMBER 12, 2024

Kicking off proceedings in the morning on the main stage, Thomas Courtois , CEO of Nickel , the France-based neobank, highlighted the importance of financial inclusion in a modern economy. Courtois first explained that recent trends were positive: “Generally, we can say that financial inclusion has risen during the last year.

Central Bank 64

Central Bank Blockchain Financial Inclusion Interoperability 64

PYMNTS

SEPTEMBER 21, 2020

Or at least it presents the start of one, as it pushed Jordan’s central bank to develop JoMoPay , the nation’s national mobile payment system. Designed as part of the central bank’s national financial-inclusion strategy, JoMoPay provides the regulatory framework under which Dinarak operates.

Online and Mobile Banking 102

Online and Mobile Banking Financial Inclusion Interoperability Participant 102

The Payments Association

JANUARY 21, 2025

Payments providers will need to prioritise interoperability and compliance to unlock growth while addressing security and volatility concerns. The growing adoption of mobile and internet technology, paired with consumer demand for instant payments, will further advance financial inclusion.

Payments Trends 88

Payments Trends Financial Crimes Cross-Border Payments 88

Fintech Finance

FEBRUARY 6, 2024

” NPS-NCS and NEPALPAY are part of the National Payment Switch (NPS) initiative, the core infrastructure for routing and settlement of retail transactions to ensure interoperability of card and non-card-based payments within Nepal. NPS-NCS and NEPALPAY is expected to be rolled out in the last quarter of 2024. billion people.

Interoperability 64

Interoperability Real Time Payments Non-Bank Financial Inclusion 64

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.

Digital Payments 88

Digital Payments Finance Online and Mobile Banking Payments 88

Faster Payments Council

SEPTEMBER 12, 2022

They will discuss how the recently published white paper on "Faster Payments and Financial Inclusion" illustrates the pain points and barriers to financial inclusion, actions, and solutions to expand, requirements of the underserved, action and solutions for issues, and considerations for faster payment stakeholders.

FPC 88

FPC Federal Reserve Cross-Border Payments Faster Payments 88

Fintech News

DECEMBER 13, 2024

This trend highlights efforts to enhance monetary sovereignty, boost financial inclusion, and modernise payment systems in an increasingly digital world. These initiatives also seem to complement ongoing efforts to develop Central Bank Digital Currencies (CBDCs), as both digital assets aim to modernise traditional financial systems.

Stablecoins 109

Stablecoins Cross-Border Cross-Border Payments Caps 109

Fintech News

JUNE 19, 2024

Stablecoins have been rising in conversation within the financial ecosystem of Singapore. Stablecoins can be backed by fiat currencies, commodities, or even other cryptocurrencies, and offer a range of benefits, including faster and cheaper cross-border transactions, increased financial inclusion, and the potential for programmable money.

Stablecoins 113

Stablecoins Cross-Border Cross-Border Payments Blockchain 113

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.

Consumer 98

Consumer Online and Mobile Banking Credit Cards Economy 98

Fintech News

MAY 19, 2024

An evolving regulatory landscape The surge in data monetization within the banking sector coincides with governments worldwide implementing new data sharing rules and establishing open banking standards to promote innovation, enhance competition and drive financial inclusion.

Rules 101

Rules Non-Bank Audit Central Bank 101

Fintech Finance

MARCH 12, 2024

Banco do Brasil reinforces its pioneering commitment to financial inclusion technologies and takes an important step towards making offline payment with digital money a reality in Brazil. ​ 2 The Central Bank of Brazil plans to launch the CBDC DREX by the end of 2024.

CBDC 52

CBDC Financial Inclusion Digital Currency Use Case 52

Fintech Finance

DECEMBER 13, 2023

The Central Bank of Colombia, Banco de la República , today announced it is partnering with ACI Worldwide (NASDAQ: ACIW), the global leader in mission-critical, real-time payments software , to build a new domestic real-time payments ecosystem as part of a nationwide banking transformation project.

Real Time Payments 52

Real Time Payments Central Bank Financial Inclusion Payments 52

The Fintech Times

DECEMBER 15, 2023

Today our selection of leaders discuss the evolving payment landscape in 2024, touching on trends like convergence of personal and corporate payments, real-time cross-border payments, interoperability’s influence, and the significance of orchestration in streamlining payments in the travel sector.

Cross-Border 59

Cross-Border Cross-Border Payments Interoperability Payments 59

Fintech Finance

MAY 3, 2024

By leveraging technology and experiences from India’s UPI, the partnership seeks to help Namibia modernize its financial ecosystem. This includes improving accessibility, affordability, connectivity with both domestic and international payment networks, and interoperability.

Underserved 52

Underserved Interoperability Instant Payments International Payments 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

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.

Payments 52

Payments Push-to-Card Online and Mobile Banking P2P 52

The Fintech Times

JULY 16, 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. How has open banking impacted the credit market in the past two years?

Financial Inclusion 52

Financial Inclusion Consumer Assessments Interoperability 52

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. “The forecast for consumer spending will be felt in digital commerce as well, in all verticals.”

Consumer 52

Consumer Online and Mobile Banking Instant Payments Financial Inclusion 52

Fintech Finance

FEBRUARY 6, 2024

Astra Tech , the leading consumer technology holding group in the MENA region, announces its partnership with Al Etihad Payments (AEP), a subsidiary of the Central Bank of the UAE (CBUAE), for the launch of Aani —an advanced instant payment platform.

FinTech 52

FinTech Funds Transfer P2P IBAN 52

PYMNTS

JANUARY 21, 2019

The letter highlighted the role of faster payments as a panacea to financial inclusion problems in the U.S. The Fed’s real-time payments proposal, FIN says, will address these issues with a new, modern and interoperable system. Their support of the Fed as the answer to all that ails faster payments seems particularly well-timed.

Faster Payments 77

Faster Payments Same Day ACH Fed Real Time Payments 77

Finovate

SEPTEMBER 20, 2024

Before that, we were talking about Ireland’s Central Bank and its search for top fintech talent, new investment in mobile payments in the Philippines , and the pace of digital transformation in India’s financial services sector. You never know where Finovate Global will take you on any given week.

Innovation 122

Innovation FinTech Online and Mobile Banking On-Demand 122

Fintech News

OCTOBER 16, 2024

Furthermore, a closer look will be taken at digital assets, including stablecoins, central bank digital currencies (CBDCs) and tokenised deposits, focusing specifically on interoperability and regulations.

FinTech 113

FinTech Cross-Border Payments AI Innovation 113

PYMNTS

NOVEMBER 2, 2020

For example, there’s no local equivalent to the card networks to connect all of those small banks in an interoperable system. That’s meant building a sponsorship program with support for the Central Bank of India that allows larger banks to stand behind smaller ones.

Debit Card 84

Debit Card Push-to-Card FinTech ATM 84

PYMNTS

AUGUST 29, 2018

Banks seem smitten by blockchain. Traditional banks, especially, and central banks, too. First, some numbers and some observations, general ones, and then winnowed down through the financial sector. Another 28 percent say that interoperability of systems is key. Seems everyone is getting into the act.

Blockchain 40

Blockchain Distributed Ledger Technology (DLT) Financial Inclusion Interoperability 40

M2P Fintech

MARCH 28, 2024

This technological approach eliminates the use of physical cards or PINs during financial interactions. 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 59

FinTech Online and Mobile Banking Push-to-Card Payer 59