Neopay

APRIL 10, 2025

On 8 April 2025, the Bank of Lithuania imposed a 3.5 million penalty on Revolut Bank UAB the largest penalty ever for the neobank for the deficiencies in its financial crime prevention system. The post Another Revolut Fine This Time from the Central Bank of Lithuania appeared first on Neopay.

Central Bank 52

Central Bank Money Laundering AML Financial Crimes 52

NFCW

MARCH 19, 2025

NFC PAYMENT: Bank Indonesia governor Perry Warjiyo launching the new service at Bundaran HI Station Indonesia’s central bank has added support for NFC payments to the country’s QRIS national QR mobile payments platform.

Mobile Payments 106

Mobile Payments Alternative Payment Methods Central Bank Payments 106

PYMNTS

JANUARY 6, 2021

Thus far, the numbers do not bear out a massive uptake of a business model, that for the stakeholders, is essentially free (There are roughly 38 banks signed on and 5 million users of CoDi, as measured in late 2020). There are some key differences in place between CoDi and what might be seen elsewhere.

Central Bank 145

Central Bank Financial Inclusion Wire Transfer Payments 145

The Fintech Times

FEBRUARY 26, 2024

As of December 2023, 130 countries, representing 98 per cent of global GDP, were exploring central bank digital currencies (CBDCs) according to the Atlantic Council ‘s CBDC tracker. “The Federal Reserve , Bank of Canada , and Bank of England are studying CBDCs, and there are challenges in each country.

Cross-Border Payments 145

Cross-Border Payments Cross-Border Digital Currency Central Bank 145

Clearly Payments

AUGUST 29, 2024

Central Bank Digital Currencies (CBDCs) have received attention in recent years as central banks worldwide explore the potential to evolve the way we conduct financial transactions. Europe : The European Central Bank (ECB) is actively working on a digital euro. According to the World Bank, around 1.7

Central Bank 105

Central Bank Digital Currency CBDC Cross-Border Payments 105

Payments Source

MARCH 16, 2020

Governments are directly advancing real-time digital payments — a welcome move for Ripple, which is applying its relationship with MoneyGram and a growing base of eager partners to expand its network.

Real Time Payments 167

Real Time Payments Central Bank Payments Governance 167

The Fintech Times

DECEMBER 3, 2024

In November 2023, the European Central Bank (ECB) began the preparation phase of a digital euro. It includes consultation with market participants through the European Retail Payments Board and also relies on granular bank data specifically collected for this purpose. An outcome report is expected to be published in July 2025.

Central Bank 59

Central Bank Participant Procedures Risk Management 59

Finextra

JULY 17, 2024

The Saudi Central Bank (SAMA) has launched “Naqd,” a government banking services platform that provides easy access for government entities to their accounts at SAMA to conduct financial transactions through a secure digital platform.

Central Bank 64

Central Bank Government Governance Transactions 64

The Fintech Times

JANUARY 6, 2025

Egyptian fintech PayMint has received final approval from the Central Bank of Egypt to launch its first ‘Meeza’ prepaid cards in partnership with Abu Dhabi Islamic Bank (ADIB). PayMint plans for the new Meeza prepaid cards to enable its customers to carry out purchases, cash withdrawals, and online shopping in Egypt.

Financial Inclusion 59

Financial Inclusion Central Bank PCI DSS Online and Mobile Banking 59

PYMNTS

MAY 16, 2020

The patent application indicates that Visa would deploy the system in partnership with government central banks, which it referred to as “central entities” in the filing. After all, only central banks have the power to withdraw currency from circulation in the manner Visa describes. “A

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Government Governance Blockchain Request for Comment 128

Fintech News

SEPTEMBER 3, 2024

Thailand’s Prime Minister Paetongtarn Shinawatra announced that a portion of the government’s 450 billion baht (US$13.1 The digital handout, a central part of the ruling Pheu Thai Party’s election platform, aims to stimulate the Thai economy, which grew by 2.3%

Adjustments 116

Adjustments Government Governance Central Bank 116

Fintech News

JANUARY 21, 2025

Singapore currently stands as the regional leader, or Champion, with exemplary ratings in market maturity and government initiatives. Regional integration is playing a key role, with governments accelerating their efforts to enhance cross-border commerce and digital economy participation.

Payment APIs and Integration 107

Payment APIs and Integration Finance Cross-Border API 107

TechCrunch Fintech

NOVEMBER 16, 2023

India’s central bank has enforced several measures to cool down high growth in consumer credit in a move that will impact consumer spending and many startups in the South Asian market, industry executives said.

Central Bank 113

Central Bank Consumer Non-Bank Credit Cards 113

The Paypers

JUNE 5, 2023

The possibility of adopting central bank digital currencies (CBDCs) is being explored by countries worldwide, including the US. However, according to the Cato Institute 2023 CBDC National Survey, a mere 16% of Americans support the adoption of a CBDC.

Digital Currency 81

Digital Currency Central Bank CBDC Government 81

PYMNTS

NOVEMBER 23, 2020

India’s central bank is considering allowing payment banks and other finance companies to become lenders. A working group within the central bank is also mulling over whether to allow industrial conglomerates to set up banking units, according to Reuters. In a committee report released on Friday (Nov.

Central Bank 97

Central Bank Non-Bank NOV Regulations 97

Payments Source

NOVEMBER 9, 2020

Bitcoin has underpinned the next generation of currencies, while showing that central banks are not necessarily needed as administrators or gatekeepers.

Bitcoin 116

Bitcoin Central Bank Government Governance 116

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.

Online and Mobile Banking 98

Online and Mobile Banking RTP BNPL Debit Card 98

Fintech Finance

JANUARY 8, 2025

The announcement should provide clarity to industry regarding the medium-term governance and maintenance of the harmonised data requirements during the period of global transition to the ISO 20022 messaging standard.

ISO 20022 98

ISO 20022 Cross-Border Payments Cross-Border ISOs 98

PYMNTS

DECEMBER 15, 2020

The government had a hand in extending policies to advance technology. The central bank suggested that anyone accepting payments of any kind should not exclude cash. Non-bank payment institutions must not promote the concept of cashless or discriminatory means of cash payment in any forms,” the bank said.

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Central Bank Non-Bank Regulations Payments Institute 96

Payments Source

FEBRUARY 24, 2021

Governments are digitizing money, creating a need for banks to provide rails to connect consumers and central banks.

Central Bank 159

Central Bank Governance Government Consumer 159

Fintech News

FEBRUARY 10, 2025

Thailand will initiate the search for a new central bank governor next month as Sethaput Suthiwartnarueput nears the end of his five-year term in September, Bloomberg reports. The transition comes at a critical time, with Thailand facing economic challenges and policy tensions between the government and the Bank of Thailand (BOT).

Bots 86

Bots Central Bank Government Governance 86

Payments Source

JANUARY 5, 2021

Several government agencies have made deeper moves into crypto oversight, leaving a trail of angry executives and unresolved political questions. And there's still no sign of a central bank digital currency, leaving the U.S. at risk of falling behind other countries in the race to support faster payment processing.

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Fincen OCC Digital Currency Central Bank 154

Fintech News

MARCH 24, 2025

Instead, this method requires users to provide key details such as an identification number, which are then cross-checked against government databases. Non-documentary verification enables verifying customer identities without requesting their identification documents (IDs). Asia is a global leader in crypto adoption.

APACS 90

APACS Verification Fraud Detection Money Laundering 90

Payments Source

MARCH 24, 2020

government to offer a central bank digital currency, public mobile wallets and postal banking—controversial ideas that are hard to pull off, but exist outside the U.S. The coronavirus stimulus package has resurrected calls for the U.S.

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Stablecoins Digital Currency Central Bank Governance 142

The Fintech Times

FEBRUARY 17, 2025

Standard Chartered Standard Chartered has a track record of working with stablecoin issuers globally, allowing the JV to fully utilise its bank-grade infrastructure and rigorous governance. That is why we are actively involved in various central bank digital currencies, tokenised deposits and, of course, stablecoins projects.

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Stablecoins Issuers Use Case Cross-Border Payments 104

The Fintech Times

MAY 18, 2024

Eurosystem , the monetary authority of the eurozone, has been exploring the possible use cases of distributed ledger technology (DLT) to conduct wholesale settlement in central bank money. Initially, 16 private companies will conduct trials involving actual settlement in central bank money.

Central Bank 75

Central Bank Settlement Distributed Ledger Technology (DLT) Interoperability 75

The Fintech Times

JULY 17, 2024

The Saudi Central Bank (SAMA) has introduced Naqd – a government banking services platform – to provide government agencies with a secure and efficient platform for managing financial transactions.

Government 59

Government Governance Transactions Central Bank 59

Fintech News

JANUARY 9, 2024

The government’s aim with this initiative is to invigorate Thailand’s economy, the second-largest in Southeast Asia, targeting a growth rate of at least 5% annually. Under this scheme, around 50 million Thai citizens will each receive 10,000 baht (about US$285) to spend within their local communities.

Central Bank 132

Central Bank Legal Government Governance 132

The Fintech Times

JUNE 26, 2024

Artificial intelligence (AI) is transforming industries across the globe, and central banks are no exception. According to a new report by the Bank for International Settlements (BIS) , central banks must embrace AI to harness its full potential and anticipate its far-reaching impacts on the economy and financial systems.

Central Bank 59

Central Bank Risk AI Money Laundering 59

Payments Source

NOVEMBER 16, 2020

As the central bank's digital currencies advance, how will the government and the private sector work together to bring projects to an effective conclusion? The events of 2020 have only helped to intensify a range of potentially disruptive developments in the payment industry.

Central Bank 108

Central Bank Digital Currency Governance Government 108

The Fintech Times

JANUARY 29, 2025

The Qatari government has also been proactive in supporting the growth and development of the fintech sector, notably through initiatives like the Qatar Fintech Hub (QFTH). Recognising the importance of fintech for long-term economic development, Qatar has also integrated fintech into its Second National Development Strategy 2018-2022.

FinTech 59

FinTech Central Bank Authorization Legal 59

PYMNTS

JANUARY 19, 2021

Banque de France has successfully conducted its own central bank digital currency (CBDC) trial, with a blockchain platform for interbank settlement, CoinDesk reported. A statement from the bank said the pilot involved a settlement on a private blockchain, which U.K. startup SETL provided, of around 2 million euros (about $2.4

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CBDC Interbank Settlement Settlement Central Bank 130

The Fintech Times

FEBRUARY 4, 2025

However, in recent decades, the government has engaged in efforts to diversify the economy to include other agricultural products, as well as non-agricultural sectors such as tourism and natural resources like oil, gas, and gold. Historically, Senegals economy has centred around agriculture, particularly peanuts.

FinTech 59

FinTech Financial Inclusion Online and Mobile Banking Central Bank 59

Payments Source

JANUARY 7, 2020

Facebook’s Libra cryptocurrency project has drawn vast political pushback, but also more tangible government action as nations globally consider central bank supported digital currencies. It’s also sparking a potential bottom-up approach in New York.

Digital Currency 112

Digital Currency Central Bank Cryptocurrency Governance 112

The Fintech Times

FEBRUARY 9, 2024

Cryptocurrency exchange Kraken has achieved a notable milestone in its European expansion strategy with the recent acquisition of a VASP registration from the Dutch Central Bank (DNB). As virtual assets continue to surge in global prominence, the regulatory landscape governing them becomes increasingly crucial.

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Central Bank Regulatory Compliance Cryptocurrency Compliance 64

Fintech Review

MAY 10, 2025

Despite the rise of fintech , banks still play a central role in the economy. They also maintain relationships with governments, corporations, and regulators that fintech firms cannot easily replicate. Technology, regulation , and changing user expectations are altering the balance between banks and challengers.

Central Bank 52

Central Bank Push-to-Card FedWire Regulations 52

Fintech News

FEBRUARY 28, 2025

The Role of the NSO in Cross-Border Payments To bring this vision to life, the Nexus Scheme Organisation (NSO) is being established to govern and manage Project Nexus. Based in Singapore, the NSO will be owned by the central banks and IPS operators of participating countries.

Cross-Border Payments 67

Cross-Border Payments Cross-Border Payment APIs and Integration ISO 20022 67