The Payments Association

FEBRUARY 13, 2025

UPI is revolutionising cross-border payments, expanding Indias digital payment influence through global integration, regulatory reforms, and strategic partnerships. The introduction of the unified payments interface (UPI) in 2016 marked a transformative shift in India’s digital payments landscape.

Cross-Border Payments 88

Cross-Border Payments Cross-Border Interoperability Payments 88

Fintech News

JANUARY 7, 2024

This infrastructure, which was launched in 2019, has considerably helped boost digital payment usage, with Doku reporting a fourfold increase in e-money transactions on its platform in 2022, compared with 2021. But with about 50% of the population still unbanked, the sector is poised for greater growth.

Financial Inclusion 124

Financial Inclusion Innovation Payments NOV 124

Fintech Finance

MARCH 24, 2025

The Somalia Payment Switch (SPS1) has successfully launched the country’s first ever Instant Payment System with QR payments support powered by BPC’s next generation SmartVista platform, a global leader in payment solutions2.

Instant Payments 90

Instant Payments Settlement Payments Central Bank 90

The Payments Association

JUNE 3, 2025

Tokenisation is now a core enabler of secure, interoperable digital paymentspowering embedded finance, asset tokenisation, and evolving identity flows. Once a system for masking sensitive data, tokenisation has evolved into a foundational technology for enabling secure, interoperable, and scalable digital payments.

Security 88

Security Payment Security Payment APIs and Integration Credential 88

Finextra

JUNE 11, 2025

Post-Independence (1947 - 1990s): Building the Foundation After independence, India focused on strengthening its financial infrastructure and extending banking services. Nationalization of Banks (1969, 1980): A major policy shift aimed at increasing financial inclusion and directing credit to priority sectors.

Financial Inclusion 52

Financial Inclusion Payment APIs and Integration Real Time Gross Settlement (RTGS) Funds Transfer 52

Fintech News

APRIL 24, 2025

From digital payments to decentralised finance (DeFi), these companies are solving real-world challenges like financial inclusion and cross-border transactions, while setting new global standards for innovation. Each plays a key role in transforming how Indonesians save, spend, invest, and access financial services.

FinTech 130

FinTech Online and Mobile Banking Payment APIs and Integration Push-to-Card 130

Fintech Finance

MAY 27, 2025

Andrew McCormack, Chief Operating Officer at Al Etihad Payments, said: “We are delighted to onboard Mashreq as a provider of the innovative Aani Instant Payment solution – bringing intuitive, secure, and inclusive digital payments to small-scale merchants and their customers.

Instant Payments 86

Instant Payments Real Time Payments IBAN Payments 86

Fintech News

NOVEMBER 12, 2024

These experts covered some of the industry’s hottest trends and most urging issues, including artificial intelligence (AI), quantum computing, digital assets, next-generation transactions, and financial inclusion. However, challenges remain, particularly regarding interoperability.

FinTech 109

FinTech Cross-Border Payments Cross-Border Payment APIs and Integration 109

Fintech Finance

MARCH 24, 2025

The Somalia Payment Switch (SPS1) has successfully launched the country’s first ever Instant Payment System with QR payments support powered by BPC’s next generation SmartVista platform, a global leader in payment solutions2.

Instant Payments 69

Instant Payments Settlement Payments Central Bank 69

The Fintech Times

MARCH 3, 2025

In its new manifesto, ‘ Creating the Conditions to Support Growth and Innovation in Payments ‘, The Payments Association describes the 66 policies recommended by the 216 payments professionals working across financial crime, regulation, open banking, ESG, cross-border payments, digital currencies and financial inclusion.

Governance 59

Governance Government Financial Inclusion Consumer Protection 59

M2P Fintech

AUGUST 25, 2023

But this digital payments gamechanger relies on an internet connection to function, as transactions require seamless and uninterrupted communication between a host of payment players. A QR payment flow begins with the customer scanning a QR code for the required amount. Clocking a record high of 9.96

Financial Inclusion 52

Financial Inclusion Digital Payments Online and Mobile Banking Payments 52

Fintech News

JANUARY 13, 2025

SEAs young, tech-savvy population, a growing consumer base, reliance on informal financial systems, and supportive government initiatives aimed at financial inclusion serve as robust drivers for long-term growth. Yet, optimism abounds. However, the regions path forward will not be without its challenges.

FinTech 116

FinTech Cross-Border On-Demand Innovation 116

Fintech Finance

SEPTEMBER 27, 2024

This strategic partnership aims to empower Trinidad and Tobago to establish a reliable and efficient real-time payments platform for both person-to-person (P2P) and person-to-merchant (P2M) transactions, expanding digital payments in the country and fostering financial inclusion.

Real Time Payments 98

Real Time Payments Financial Inclusion Central Bank International Payments 98

Fintech News

JANUARY 15, 2024

Looking ahead, the Monetary Authority of Singapore (MAS) has introduced the SGQR+, an innovative concept aimed at revamping Singapore’s QR payments infrastructure for the future. Building upon SGQR, SGQR+ represents the next generation of interoperable payments for merchants.,

Interoperability 117

Interoperability Cross-Border Payments Financial Inclusion 117

Fintech Finance

JUNE 9, 2025

PayU GPO , the leading online payment service provider operating in over 40 emerging markets, announces a major step forward in its commitment to Africa, unveiling the launch of Account-to-Account (A2A) payments in Nigeria and the appointment of Ryan Engel as the new Country Manager for South Africa.

PCI DSS 52

PCI DSS Online and Mobile Banking Financial Inclusion Alternative Payment Methods 52

The Fintech Times

APRIL 16, 2025

PayPal , the global digital payments and commerce giant, has joined forces with TerraPay , the global money movement company, to enable real-time fund transfers for PayPal customers across the Middle East and Africa. Expanded financial connectivity, empowering millions of customers to transact internationally with ease.

Funds Transfer 49

Funds Transfer PayPal Cross-Border Cross-Border Payments 49

Fintech News

SEPTEMBER 10, 2024

A new report by Deloitte delves into the latest developments in the cross-border payment sector in Asia-Pacific (APAC), identifying four major trends reshaping the landscape and offering significant opportunities for merchants. The digital payment revolution The first trend outlined in the report is the digital payment revolution.

Cross-Border Payments 109

Cross-Border Payments Cross-Border APACS Interoperability 109

Fintech Finance

APRIL 15, 2025

PayPal , a global digital payments and commerce platform, today announced a strategic partnership with TerraPay , a leading global money movement company, to enable real-time fund transfers for PayPal customers across the Middle East and Africa. According to Mordor Intelligence, the MENA digital payments market is estimated at $251.34

Cross-Border Payments 59

Cross-Border Payments Cross-Border PayPal Funds Transfer 59

Fintech News

MAY 11, 2025

Ant Group (China) Alipay+ illustration, Source: Alipay+ Formerly known as Ant Financial and Alipay, Ant Group is a fintech leader and affiliate of Chinese multinational tech company Alibaba. billion users, while its Aliplay+ service connects more than 35 digital wallets to over 90 million merchants in 66 markets.

Cross-Border Payments 113

Cross-Border Payments Cross-Border APACS Distributed Ledger Technology (DLT) 113

Finextra

JUNE 11, 2025

Strategic CX Advantage: For merchants and issuers alike, enabling near-instant transactions enhances loyalty and repeat usage—directly impacting ROI on digital channels. Trust Through Technology: Security Is No Longer a Barrier Skepticism around digital payment security has been eclipsed by confidence in advanced protection protocols.

Consumer 52

Consumer Payment APIs and Integration Payments Microtransactions 52

PYMNTS

SEPTEMBER 8, 2020

The race toward central bank digital currencies (CBDCs) is tightening, with Brazil reportedly looking to launch one by 2022 in a bid to help digitize payments. Roberto Campos Neto, president of Brazil’s central bank, said his country’s new digital currency will work in concert with its new instant-payments system.

Digital Currency 87

Digital Currency Central Bank CBDC Instant Payments 87

Fintech Finance

FEBRUARY 18, 2025

This created a series of extra steps in the process, inconveniencing users but also limiting interoperability across different charging stations. Says Carter-Brown: EFTCorps mission is to constantly push the boundaries of innovation to deliver payment solutions across Africa, increasing financial inclusion and access to the digital economy.

Payment Solutions 76

Payment Solutions Push-to-Card Payments Credit Cards 76

Fintech Finance

MAY 28, 2025

KNET utilized ACI’s Digital Central Infrastructure solution to build the central payment infrastructure of WAMD, an interoperable, countrywide scheme that enables account-to-account (A2A) payment transfers via a bank’s mobile app or internet banking service by using a phone number.

Real Time Payments 52

Real Time Payments Accounts Financial Inclusion Payments 52

Fintech Finance

SEPTEMBER 24, 2024

The Manifesto describes the 66 policies recommended by the 216 payments professionals who participate in The Payments Association’s stakeholder working groups. These cover financial crime, regulation, open banking, ESG, cross-border payments, digital currencies and financial inclusion.

Cross-Border Payments 95

Cross-Border Payments Financial Inclusion Cross-Border Payments 95

Fintech News

DECEMBER 11, 2023

SC Ventures, the innovation, fintech investment, and ventures arm of Standard Chartered, and Giesecke+Devrient (G+D) successfully completed a proof-of-concept (PoC) on the Universal Digital Payments Network (UDPN). Meanwhile, the the direct model is where central banks manage wallets and settlements within a centralised CBDC system.

CBDC 113

CBDC Distributed Ledger Technology (DLT) Cross-Border Central Bank 113

Fintech News

DECEMBER 10, 2023

In APAC, financial inclusion has emerged as a driving force behind digital innovation. Many nations within the region have recognised the transformative potential of extending financial services to underserved populations. Digital payments are fast becoming the norm, positioning the region as a global payment leader.”

Addressing 120

Addressing Fraud Prevention Financial Inclusion Payments 120

The Payments Association

MARCH 18, 2025

Open finance is transforming financial services by enabling broader data-sharing, fostering competition, and driving innovation in payments and financial products. As data becomes the currency of modern finance, payments leaders are facing a profound transformation. What’s next? reached $1.1

Finance 88

Finance Payment APIs and Integration Non-Bank Embedded Finance 88

PYMNTS

SEPTEMBER 21, 2020

Or at least it presents the start of one, as it pushed Jordan’s central bank to develop JoMoPay , the nation’s national mobile payment system. Designed as part of the central bank’s national financial-inclusion strategy, JoMoPay provides the regulatory framework under which Dinarak operates. An Overnight Change.

Online and Mobile Banking 102

Online and Mobile Banking Financial Inclusion Interoperability Participant 102

Fintech Finance

FEBRUARY 6, 2024

Currently, domestic card transactions are routed through international payment gateways. .” ” NPS-NCS and NEPALPAY are part of the National Payment Switch (NPS) initiative, the core infrastructure for routing and settlement of retail transactions to ensure interoperability of card and non-card-based payments within Nepal.

Interoperability 64

Interoperability Real Time Payments Non-Bank Financial Inclusion 64

Fintech Finance

MARCH 3, 2025

The Manifesto , Creating the Conditions to support Growth and Innovation in Payments, describes the 66 policies recommended by the 216 payments professionals working across financial crime, regulation, open banking, ESG, cross-border payments, digital currencies and financial inclusion.

Governance 80

Governance Government Innovation Cross-Border Payments 80

Clearly Payments

JANUARY 4, 2024

Financial Inclusion: Cryptocurrencies have the potential to bring financial services to the unbanked and underbanked populations, fostering financial inclusion. By accepting cryptocurrency payments, merchants contribute to a more inclusive global economy.

Cryptocurrency 105

Cryptocurrency Stablecoins Digital Currency Cross-Border Payments 105

PYMNTS

NOVEMBER 12, 2020

Banks and financial institutions (FIs) have been layering patches and tools on top of outdated core banking systems for so long that it’s become a Frankenstein’s monster of tech entanglement. Rather than think of people and businesses as banked or unbanked, I think the new terminology should be ‘digital versus analog’ transactors.”.

Online and Mobile Banking 81

Online and Mobile Banking Financial Inclusion PayPal FDIC 81

Fintech Finance

OCTOBER 4, 2024

. “During the Payments Summit, we heard from numerous global players that emerging countries are becoming increasingly important to their businesses. They have enormous digital potential that is catching the attention of the entire world.” “This is financial inclusion, this is access.”

Consumer 98

Consumer Online and Mobile Banking Credit Cards Economy 98

The Fintech Times

MARCH 18, 2025

Since its launch, Pix has become a widely adopted payment method in Brazil, with over 173 million registrations and more than 155 million people using it to make payments online and in physical stores via mobile phones. This achievement marks a significant milestone in the expansion of digital payment solutions.

Online and Mobile Banking 64

Online and Mobile Banking Central Bank Cross-Border Instant Payments 64

Fintech Finance

APRIL 23, 2025

This milestone underscores the UAE’s leadership in building a secure, interoperable financial ecosystem anchored in regulatory clarity and innovation.” We recognize the importance of setting a standard – operationally, technically, and in governance – for those who follow.

Finance 59

Finance Interoperability Central Bank Financial Inclusion 59

PYMNTS

AUGUST 21, 2020

” Research into digital payments, of course, is nothing new for the Fed — and as Cunha offered by way of example, a few years ago his bank published research that found value in mobile payment tokenization. Interoperability Is Key. To get there, interoperability is key, said Cunha.

CBDC 107

CBDC Fed Federal Reserve ISO 20022 107

The Payments Association

JANUARY 21, 2025

Payments providers will need to prioritise interoperability and compliance to unlock growth while addressing security and volatility concerns. Nick Charteris CEO, Optimus Cards UK Limited The Payments Report 2024 highlights key trends transforming the payments ecosystem.

Payments Trends 88

Payments Trends Financial Crimes Cross-Border Payments 88