Fintech Finance

NOVEMBER 13, 2024

In alignment with Saudi Arabia’s Vision 2030, PayerMax became the first Asian fintech company to establish a regional headquarters in Riyadh and obtained the Payment Technical Service Provider ( PTSP ) certification from Saudi Payments on behalf of the Saudi Central Bank (SAMA) in September.

Payment Solutions 98

Payment Solutions Payments Value Added Service Financial Inclusion 98

The Payments Association

OCTOBER 14, 2024

The flaws in prevailing central bank digital currency (CBDC) designs and suggestions for improving them. When central banks consider the question of financial stability, do they assume that this means buttressing the existing business models, even when they are past their expiration date? What is this article about?

Privacy 88

Privacy Addressing CBDC Payer 88

Clearly Payments

FEBRUARY 14, 2024

Payment companies compete to win merchants through a variety of strategies aimed at offering competitive pricing, value-added services, and superior customer experience. These additional services can help merchants manage their businesses more effectively and efficiently.

Value Added Service 104

Value Added Service Payments Payment Gateways ISOs 104

Fintech News

MAY 19, 2024

Internal or indirect methods include using data to make measurable business performance improvements and inform decisions, while external or direct methods include data sharing to gain beneficial terms or conditions from business partners, information bartering, selling data outright, or offering information products and services.

Rules 109

Rules Non-Bank Audit Central Bank 109

PYMNTS

NOVEMBER 29, 2018

As evidence that sandboxes are ever-increasingly a global phenomenon, Kuwait’s central bank put forth guidelines this week that are geared toward companies seeking to meld financial technology (FinTech) and financial services (FinServ). The sandbox, Reuters reported, has four phases.

FinTech 67

FinTech Central Bank Value Added Service Underserved 67

Fintech Finance

MARCH 27, 2024

Today, Visa (NYSE:V), a leader in digital payments, announced continued expansion of its global value-added services business with the addition of three new AI-powered risk and fraud prevention solutions.

AI 52

AI Product Fraud Prevention Value Added Service 52

PYMNTS

AUGUST 20, 2020

Adopting Phixius is “a logical next step in the expansion of Visa’s solutions driving efficiency and delivering value-added services to buyers and suppliers,” according to Visa Business Solutions SVP, Global Head of New Payment Flows Alan Koenigsberg. Azerbaijan Launches Instant Payments Rail.

RTP 101

RTP Phixius FPC NACHA 101

Fintech News

AUGUST 12, 2024

One example of ecosystem banking is the partnership between Agriculture Insurance Company of India Limited and insurtech firm Wingsure to use advanced technology to improve access to insurance products for Indian farmers.

Embedded Finance 113

Embedded Finance FinTech Non-Bank Cross-Border 113

The Fintech Times

MARCH 27, 2024

Visa Protect is part of a broad suite of Visa value-added services, which has expanded to include nearly 200 products across five popular categories: acceptance, advisory, issuing, open banking, and protect.

Fraud Prevention 59

Fraud Prevention AI Value Added Service Fraud Detection 59

The Fintech Times

MARCH 8, 2024

For example, in Rwanda, I&M Bank (Rwanda) Plc. , the oldest bank in Rwanda and licensed by the Central Bank of Rwanda , and Network International (Network) have partnered to improve financial inclusion in the country. Benjamin Mutimura , CEO of I&M Bank (Rwanda) Plc.,

Financial Inclusion 59

Financial Inclusion Fraud Prevention Value Added Service Gateways 59

Stax

MARCH 11, 2025

Some providers only offer a payment gateway and payment processing services, while some offer all-in-one services that include payment processing, payment gateways, merchant accounts, and other value-added services. Hong Kong and some 30+ countries also have pilot central bank digital currency programs.

Online Payment Processing 88

Online Payment Processing Process Payment Gateways Online and Mobile Banking 88

The Fintech Times

APRIL 2, 2024

Regulated by the Central Bank of Bahrain , AFS is owned by 37 banks and financial institutions, serving over 60 clients across the Middle East and Africa region. The company provides numerous groundbreaking, end-to-end digital payment products, services and solutions to banks and merchant groups. .”

Multi-Currency 64

Multi-Currency Payment APIs and Integration Value Added Service Payments 64

The Payments Association

APRIL 23, 2025

The impact of transitioning from a 24/5 to a 24/7 operating environment on intraday liquidity will necessitate further adaptation in how banks manage liquidity, with implications for the availability of funding at the Central Bank and even in money markets.

Real Time Payments 88

Real Time Payments Innovation Instant Payments Payments 88

PYMNTS

OCTOBER 12, 2020

He said there are going to be some institutions that will want to connect with both instant payment services — FedNow and The Clearing House (TCH)’s real-time payments ( RTP ) network — in a desire to ensure resiliency and redundancy to support outages in one system to the other, if they were to occur. Digital Dollars, Too? .

Instant Payments 97

Instant Payments FedNow Fed Interoperability 97

Fintech Finance

MAY 14, 2025

With their exceptional team and proven ability to provide relevant value-added services, we believe Pesawise will excel in the fast-moving fintech space.” And a common mission to democratize technology and drive social impact across Africa.

Payment Solutions 59

Payment Solutions Fraud Prevention Value Added Service Financial Inclusion 59

Segpay

SEPTEMBER 5, 2024

CB: The main challenge we had setting up in the UK and Ireland as a Payment Institution was hiring the staff to move us through the application process and then building out the team to support the infrastructure to meet the Central Bank of Ireland’s UK Financial Conduct Authorities requirements.

Verification 98

Verification Online and Mobile Banking Payments Privacy 98

Fintech Finance

APRIL 2, 2024

ACI Worldwide (NASDAQ: ACIW), a global leader in mission-critical, real-time payments software , has announced a 10-year strategic partnership with Arab Financial Services (AFS) , the Middle East and Africa region’s leading digital payment solutions provider and fintech enabler.

Multi-Currency 52

Multi-Currency Payment APIs and Integration Real Time Payments Value Added Service 52

Finovate

JUNE 14, 2024

The fund, which will be managed by EFG Holding, has secured approval from the Central Bank of Egypt (CBE) as well as the backing of financial institutions such as the Suez Canal Bank. The focus on fintech is designed to take advantage of the spread of digital banking and payments in the region. million (EGP 1.5

Online and Mobile Banking 59

Online and Mobile Banking Central Bank Gateways Processors 59

The Fintech Times

DECEMBER 31, 2023

“According to research from the European Central Bank (ECB), Single Euro Payments Area (SEPA) instant credit transfers currently account for only 14 per cent of all conventional SEPA credit transfers. As we enter 2024, the emergence of truly instant payment solutions feels almost inevitable.

Global Payments 124

Global Payments Online and Mobile Banking Alternative Payment Methods Instant Payments 124

PYMNTS

SEPTEMBER 10, 2019

Start with the prior statement that hard currency — the kind that sits in banks, backed by central banking systems and is universally accepted — is not going anywhere, and the stage is set for a continued reinvention of the ATM. “We The pie itself is growing — and has been around for thousands of years.

ATM 63

ATM Multi-Currency Near Real-Time Value Added Service 63

The Fintech Times

FEBRUARY 27, 2024

Having looked at some of the biggest technologies to impact the payments world, like buy now pay later (BNPL) and central bank digital currencies (CBDCs) , we now look to the future and what the next trend may be. They have solved for a gap that central bank currencies and systems had not solved for decades.”

Consumer Protection 69

Consumer Protection Payments Trends Stablecoins Consumer 69

PYMNTS

JUNE 6, 2016

In an interview with PYMNTS, Fiserv VP of Strategic Marketing, Digital Channels and Electronic Payments Steve Shaw said that this research suggests a significant opportunity for banks to provide value-added services to their small business clients. Whether or not research from Opportunity Fund regarding U.S.

Small Business 41

Small Business Research Finance Cash Management 41

Clearly Payments

AUGUST 1, 2024

This increased competition has benefited merchants by providing them with more choices and better terms for payment processing services. According to a report by the European Central Bank (ECB), contactless payments accounted for more than 40% of in-person transactions in the EU in 2021, a significant increase from previous years.

Process 52

Process Online and Mobile Banking Fraud Prevention Payments 52

PYMNTS

AUGUST 17, 2017

Bitcoin, Norton noted, is important if people want to do anonymous transactions in a market, adding it’s generally clear that central banks and governments want to maintain their own control over currencies — and will want to continue to do so. I am sure those currencies are important for certain sub-segments in the market.”.

Innovation 41

Innovation Real Time Payments Payments Bitcoin 41