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

PYMNTS

JANUARY 24, 2020

Ex-Wells CEO Fined, Banned From Banking For Life. Former Wells Fargo CEO John Stumpf has been banned from ever working in the banking industry again by the U.S. government. million for his role in a scandal at Wells Fargo involving millions of fake accounts created to meet the bank’s sales quotas.

Online and Mobile Banking 60

Online and Mobile Banking Office of the Comptroller of the Currency Central Bank OCC 60

PYMNTS

JANUARY 29, 2019

The Union of Arab Banks (UAB) has said in a study that such a movement would change the way Arab banks provide financial services. . As pertains to Egypt banks, e-Cards (and, in tandem, electronic payments) have swelled to more than 30 million cards as of June 2018, as estimated by the country’s central bank.

FinTech 58

FinTech Central Bank Cross-Border Debit Card 58

PYMNTS

JUNE 11, 2019

Amid rising scrutiny over government debt and longer payments to contractors, Italy has churned up debate with its consideration of so-called mini-bills to pay state debts, a proposal that has critics worried about the potential ramifications of such a plan. Law requires payment within 60 days, reports noted.

Bots 48

Bots Treasury Government Governance 48

The Fintech Times

JUNE 21, 2024

ACI currently powers 26 domestic and pan-regional real-time schemes across six continents—including 10 central infrastructures. It provides solutions to central banks, participant banks, fintechs and other PSPs. These include central governments, payment networks, banks, financial institutions and fintech companies.

Cross-Border Payments 59

Cross-Border Payments Cross-Border Process Instant Payments 59

PYMNTS

MAY 11, 2020

As May flowers bloom, millions of Americans are still awaiting pandemic relief monies from the government. Others believe there’s a paper check coming but find no details on the IRS “Get My Payment” web portal set up to track the progress of funds. Some got it via direct deposit. People want answers.

Online and Mobile Banking 52

Online and Mobile Banking Multi-Currency Digital Currency Federal Reserve 52

CB Insights

DECEMBER 4, 2019

Payments made with Amazon Pay spiked following service expansion to new geographies — France, Italy, and Spain — and to new verticals, including government payments, travel, insurance, entertainment, and charitable donations. However, Amazon has had some missteps with Amazon Pay.

Online and Mobile Banking 101

Online and Mobile Banking Push-to-Card Payment APIs and Integration Non-Bank 101

Finovate

JANUARY 24, 2025

The regulatory landscape for fintechs and financial services companies operating in the European Union is expected to undergo significant changes this year, with new standards, guidelines, and rules governing payments, data privacy, digital assets, and more. The EU AI Act passed in 2024. raised $4.5 in seed funding.

Regulations 72

Regulations FinTech BNPL Cross-Border 72

Fintech News

FEBRUARY 11, 2025

Sri Lanka has launched GovPay , a new online payment platform designed to streamline digital transactions for government services. The platform aims to modernise revenue collection, improve transparency, and enhance digital governance. The long-term goal is to unify all government institutions under the platform.

Government Payments 95

Government Payments Government Governance Central Bank 95

Fintech Finance

MAY 6, 2025

At a time when the UAE’s financial services industry is undergoing unprecedented transformation, Financial Software and Systems (FSS) , a global leader in payments technology, hosted the Dubai edition of its flagship event Simply Payments 2025 series, convening top minds in Fintech, Government Payments, and Artificial Intelligence.

AI 95

AI Innovation Payment APIs and Integration Payments 95

The Fintech Times

JANUARY 21, 2025

Additionally, the governments promotion of Zanzibar, not only for its scenic beaches but also under the banner of Silicon Zanzibar reflects efforts to attract tech talent to the regions idyllic setting. By June 2021, over 33 million mobile money accounts were active, indicating rapid expansion in account ownership.

FinTech 59

FinTech Online and Mobile Banking Bots Authorization 59