Fintech Finance

FEBRUARY 6, 2024

Currently, domestic card transactions are routed through international payment gateways. “The establishment of National Payment Switch (NPS) infrastructure and rollout of NEPALPAY card is expected to become a significant stride in Nepal to reform and consolidate the entire payment ecosystem. .”

Interoperability 64

Interoperability Real Time Payments Non-Bank Financial Inclusion 64

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.

Underserved 52

Underserved Interoperability Instant Payments International Payments 52

Fintech News

JUNE 19, 2024

Be it central bank digital currencies (CBDCs), a tokenised digital Singapore Dollar, or various initiatives backed by governmental regulators, stablecoins are one of the more pivotal developments in the world of cryptocurrencies and blockchain technology. Project Orchid, and the 1st use of purpose bound money, in partnership with Grab.

Stablecoins 113

Stablecoins Cross-Border Cross-Border Payments Blockchain 113

Fintech News

DECEMBER 10, 2023

This approach is not limited to domestic payments but is especially relevant to international transactions, which often involve a complex web of correspondent banks. The challenge in international payments primarily revolves around ensuring data accuracy at every step of the payment chain.

Addressing 120

Addressing Fraud Prevention Financial Inclusion Payments 120

PYMNTS

APRIL 25, 2019

work to define the real-time payments future, other countries are working to expand their schemes and tackle uptake problems. The April Faster Payments Tracker charts the latest developments. Arou nd the Faster Payments World. Deep Dive: Making Real-Time Payment Schemes Universal and Interoperable.

Real Time Payments 49

Real Time Payments Faster Payments TCH Interoperability 49

PYMNTS

DECEMBER 18, 2019

New research from Tipalti, conducted by Levvel Research, found that when it comes to cross-border B2B payments, wire transfers remain the most common method (cited by 69 percent of survey respondents), despite the high fraud risks and sluggish speed of the tool. All of these payment methods come with their drawbacks.

B2B 52

B2B Credit Union Electronic Funds Transfer (EFT) RTP 52

PYMNTS

MAY 30, 2019

are on the rise with the take-off of digital transfers; Fortumo and Elisa have rolled out direct carrier billing on Google Pay in Finland; and Indonesia ’s central bank has rolled out a standard quick-response (QR) code for cashless payments. Remittances out of U.A.E. percent in digital gaming transactions in Finland.

Central Bank 43

Central Bank Payments Funds Transfer Interoperability 43

The Fintech Times

FEBRUARY 19, 2024

. “Service and expertise: With the instability of the economic climate globally, it is crucial for cross-border payments providers to leverage their expertise to advise clients on the best time to make international payments and FX conversions. BIS Aurum) and interoperability solutions (e.g,

Cross-Border Payments 69

Cross-Border Payments Cross-Border Stablecoins Multi-Currency 69

PYMNTS

DECEMBER 4, 2018

had lasted six weeks and got responses from more than 70 banks, trade associations and FinTechs, among other stakeholders. The instant payments system launched last year by EBA Clearing (known as RT1) has logged several million transactions, while PSPs and banks are free to use any tech providers/infrastructure that they want.

Instant Payments 50

Instant Payments ISO 20022 SWIFT ISOs 50

Fintech Review

MARCH 5, 2025

The cross-border payment industry is ripe for disruption, and change is no longer a question of if… but when. How Cross-Border Payments Work International payments rely on a network of correspondent banks. When sending money abroad, banks often do not have direct relationships with every foreign institution.

Cross-Border Payments 76

Cross-Border Payments Cross-Border Correspondent Bank Correspondent 76

The Payments Association

APRIL 14, 2025

Related links: Financial promotion rules for cryptoassets Financial promotions data 2024 Top regulatory priorities for the payments sector Mandatory adoption of ISO 20022 for cross-border payments (final preparations Q2) The transition to ISO 20022 for cross-border payments is a fundamental shift in global financial messaging standards.

Regulations 88

Regulations ISO 20022 Cross-Border Legal 88

PYMNTS

SEPTEMBER 13, 2018

Might Europe strive more and more for financial independence in the payments services space? News came last week that Yves Mersch, who serves as a member of the executive board of the European Central Bank , has advocated for a European card payment system that would challenge entrenched services.

SWIFT 40

SWIFT PayPal FinTech Non-Bank 40