The Payments Association

JULY 18, 2025

Across the EU, operational resilience, real-time payments, and the steady rollout of the Markets in Crypto-Assets Regulation (MiCA) are redefining compliance baselines for digital finance. Globally, preparations for central bank digital currencies and evolving open finance frameworks signal longer-term structural change.

Regulations 88

Regulations Payment APIs and Integration Payments Legal 88

The Fintech Times

MARCH 27, 2025

This impact has been recognised by the Central Bank of Nigeria , which awarded the Company with the National Inclusive Payment Initiative Award in 2022 and Financially Inclusive Fintech of the Year in 2024. Many rural communities across Nigeria lack a local central bank branch.

FinTech 59

FinTech Financial Inclusion Cross-Border Payments Online and Mobile Banking 59

The Payments Association

NOVEMBER 27, 2024

The Central Bank of Bahrain (CBB) has updated its open banking framework, mandating all licensed banks to expose APIs for corporate accounts. The new amendments are set to bring legal entities in line with the existing open banking framework.

Third-Party Service Provider 88

Third-Party Service Provider API Legal Financial Inclusion 88

The Fintech Times

MAY 1, 2025

UAE-based alternative payment method (APM) provider Pay10 has secured an open finance licence from the Central Bank of the UAE , enabling it to provide payment initiation services, including variable recurring payments across the country.

Finance 45

Finance Security Central Bank Interoperability 45

The Fintech Times

JANUARY 28, 2025

In August 2023, the Central Bank of Jordan (CBJ) announced a new aim for financial technology and innovation in the country with its Executive Programme for the Economic Modernisation Vision (20232025). Its FINX Connect platform facilitates real-time bank account data aggregation and payment initiation services.

FinTech 64

FinTech Central Bank Financial Inclusion Payment Initiation 64

The Payments Association

MAY 28, 2025

Initiatives such as the European Payments Initiative (EPI) and the development of a digital euro are part of a broader strategy. xpate , a globally expanding payment and banking hub for digital businesses headquartered in Riga, Latvia, has taken a major step in that direction.

Non-Bank 88

Non-Bank Central Bank Regulations Stablecoins 88

The Fintech Times

JULY 15, 2025

Open finance has seen strong adoption, and Pix is arguably the most successful real-time payment system in the world, both in terms of scale and impact. Brazil’s Central Bank registered 4.8 Brazil is one of the most advanced AI-ready financial ecosystems globally.

Automation 45

Automation AI Payment APIs and Integration Cross-Border 45

The Paypers

JUNE 10, 2025

Following this initial phase, Revolut plans to set up 150 terminals for cash withdrawals and other services across the region, looking at a total of 200 ATMs, located around Madrid, Barcelona, Valencia, and Malaga.

ATM 36

ATM Cybersecurity Global Payments Embedded Finance 36

PYMNTS

OCTOBER 9, 2020

The Federal Reserve is collaborating with seven central banks and the Bank for International Settlements (BIS) to hammer out a framework for digital currency. . The central banks working with the BIS include the European Central Bank, the Swiss National Bank and Bank of Japan.

Digital Currency 104

Digital Currency Central Bank Fed Federal Reserve 104

The Paypers

FEBRUARY 16, 2023

The Central Bank of Brazil has authorised EBANX to offer a payment initiator service through Pix allowing the fintech’s merchants to manage Pix payments within their websites.

Central Bank 36

Central Bank Payment Initiation Payments FinTech 36

Fintech Finance

SEPTEMBER 4, 2024

Saudi Central Bank (SAMA) has announced the issuance of the second release under the Open Banking Framework, focused on the Payment Initiation Service (PIS).

Central Bank 98

Central Bank Best Practices Payment Initiation FinTech 98

The Fintech Times

JANUARY 22, 2024

Looking to provide data consolidation and payment initiation services, PayTabs Group , the MENA based paytech has partnered with open banking firm, Fintech Galaxy. The service will initially be rolled out in the Kingdom of Saudi Arabia and the United Arab Emirates and subsequently expand to other MENA markets.

Payment Initiation 64

Payment Initiation FinTech Payment APIs and Integration Regulatory Compliance 64

PYMNTS

AUGUST 14, 2020

A week after details of the Federal Reserve’s instant payment initiative emerged, news came via Bloomberg that the central bank is working with the Massachusetts Institute of Technology (MIT) to explore the possibility of issuing digital currency. Digital dollars on the horizon?

Digital Currency 113

Digital Currency Fed Federal Reserve CBDC 113

The Paypers

NOVEMBER 26, 2024

Cross-border payments platform dLocal has received certification as a Payment Initiation Service Provider (PISP) from Brazil's Central Bank.

Payment Initiation 36

Payment Initiation Service Provider Cross-Border Payments Cross-Border 36

The Paypers

MARCH 2, 2023

Belvo , a Latin America-based Open Finance platform, has launched its payment initiation solution as a Central Bank-regulated entity.

Payment Initiation 36

Payment Initiation Central Bank Payments Regulations 36

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.

CBDC 107

CBDC Fed Federal Reserve ISO 20022 107

The Paypers

JULY 25, 2022

CRIF , a company specialising in credit and business information systems, analytics, outsourcing, and processing services, has registered as a Payment Initiation Service Provider (PISP) with the Central Bank of Ireland.

Central Bank 36

Central Bank Payment Initiation Service Provider Process 36

Open Banking Excellence

MAY 2, 2024

Within all our projects – which range from central bank digital currencies (CBDCs) to Know-Your Customer (KYC) APIs – we aim to lower entry barriers for new entrants into the ecosystem. The Georgian banking sector is well-developed, profitable, and significantly foreign-owned.

Interoperability 147

Interoperability Payment APIs and Integration Central Bank Cross-Border 147

The Paypers

MAY 2, 2022

Authorized by the Central Bank, Itaú Unibanco has received authorisation to operate as a payment initiator, according to broadcast.com.br.

Payment Initiation 31

Payment Initiation Central Bank Authorization Payments 31

Finextra

APRIL 24, 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 UAEs (CBUAE) Open Finance Framework, authorizing it to provide payment initiation services including variable recurring payment.

Alternative Payment Methods 59

Alternative Payment Methods Finance Central Bank Payment Initiation 59

PYMNTS

OCTOBER 16, 2020

Mizuho Bank and JCB are joining Fujitsu in piloting real-time applications of the system, while 100 Fujitsu staffers will harness the system to engage in transactions for a forecasted four months. BBVA Participates in Pilot for Instant Payments in Britain. Central Bank Chief Lagarde Pledges Boost for EU Economy if COVID-19 Escalates.

Instant Payments 85

Instant Payments Blockchain Central Bank SWIFT 85

The Paypers

JULY 23, 2021

The Central Bank of Brazil has announced that it will incorporate a payment initiation service into its central bank-backed real-time payment system PIX.

Real Time Payments 28

Real Time Payments Payment Initiation Central Bank Payments 28

PYMNTS

SEPTEMBER 6, 2018

The company said that the Blockchain World Wire can simultaneously clear and settle cross-border payments in near real time. … It all means funds can now be transferred at a fraction of the cost and time of traditional correspondent banking.”.

SWIFT 40

SWIFT Payment Initiation Caps Cross-Border Payments 40

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 Finance

JANUARY 22, 2024

PayTabs Group , MEASA’s award-winning payment solutions powerhouse today announced it has partnered with Open Banking and financial innovation entity, Fintech Galaxy. The service will initially be rolled out in the Kingdom of Saudi Arabia and the United Arab Emirates and subsequently expand to other MENA markets.

FinTech 92

FinTech Payment APIs and Integration Regulatory Compliance Gateways 92

PYMNTS

SEPTEMBER 28, 2016

In a press release , the companies said it is the first global strategic partnership of its kind and will offer participants a pre-integrated solution, enabling quicker onboarding to the payments scheme and broader reach to more scheme participants in a fast manner.

Payment Networks 74

Payment Networks Real Time Payments Faster Payments Payments 74

PYMNTS

JUNE 3, 2020

government to work with public sector entities and provide them with payment initiation services, according to reports in SmartCitiesWorld. Spain’s central bank recently granted a PSD2 license to payments technology firm RevoluPAY, which announced the news late last month. An agreement with the U.K.

FinTech 68

FinTech Remote Deposit Capture Payer API 68

PYMNTS

OCTOBER 12, 2020

There is no dearth of faster payments initiatives — and no certainty that there will be one faster payments scheme to rule them all. Larger companies, he said, could leverage instant payments for better liquidity management, as they juggle payroll or invoices. Digital Dollars, Too? .

Instant Payments 97

Instant Payments FedNow Fed Interoperability 97

PYMNTS

NOVEMBER 27, 2019

These underlying markets sometimes dictate the speed by which a cross-border payment can travel to an end beneficiary.”.

ISO 20022 117

ISO 20022 Cross-Border Payments ISOs Cross-Border 117

The Paypers

SEPTEMBER 3, 2024

Saudi Central Bank (SAMA) has announced the issuance of the second release under the Open Banking Framework, focused on the Payment Initiation Service (PIS).

Central Bank 36

Central Bank Payment Initiation Payments 36

PYMNTS

DECEMBER 17, 2019

Last month, Bank of New York Mellon was the 28th bank to join. Sweden’s central bank recently asked Accenture to help with the development of its e-krona pilot for digital currency, earlier this month.

Distributed Ledger Technology (DLT) 53

Distributed Ledger Technology (DLT) Blockchain Finance Cross-Border Payments 53

The Fintech Times

NOVEMBER 5, 2024

Spire , a fintech leveraging open banking to make financial services accessible, is joining forces with Salt Edge , the financial API platform with PSD2 and open banking solutions, to help Bahraini banks extend open banking to corporate accounts.

Accounts 64

Accounts Third-Party Service Provider Financial Inclusion API 64

PYMNTS

OCTOBER 17, 2018

Last year, Sberbank agreed to invest more than $500 million in the Yandex.Market eCommerce solution to develop a payment solution and introduce new features on the platform. Other B2B payment initiatives in Russia have come from Visa , which announced earlier this year that it would be expanding its corporate payment services in the country.

B2B 57

B2B SWIFT Payments Instant Payments 57

The Fintech Times

SEPTEMBER 8, 2024

The Saudi Central Bank (SAMA) is working on strengthening the Saudi Arabian fintech ecosystem, and in doing so, has recognised the potential of open banking. As a result, SAMA has announced the issuance of the second release under the open banking framework, focused on the payment initiation service (PIS).

Innovation 59

Innovation Best Practices Financial Inclusion Central Bank 59

The Fintech Times

MAY 12, 2025

Cue interoperable national payment schemes. Payments network of networks. As more countries and governments opt into regional and global interoperable payment initiatives, one question arises. All the things stablecoins are not.

Interoperability 45

Interoperability Stablecoins Cross-Border Cross-Border Payments 45

PYMNTS

JULY 22, 2020

The opportunity to wield richer transaction data in real time has become a key focus for governments, central banks and financial service providers as they press forward in their real-time payment initiatives. .” Driving Ubiquity. In the U.S., adoption remains muted compared to other markets like the U.K.

Real Time Payments 90

Real Time Payments FedNow Payments Faster Payments 90

PYMNTS

MARCH 7, 2018

From community banks to central banks, the need for faster payments is gripping financial institutions (FIs) of all shapes and sizes. FIs worldwide are making bold pushes to increase their payment speed, from Australia’s new real-time payments scheme to Saudi Arabia’s turn to blockchain. Over in the U.S.,

Same Day ACH 40

Same Day ACH Faster Payments Cross-Border Cross-Border Payments 40