article thumbnail

Tokenisation 2.0: Are we ready for the next generation of payment security?

The Payments Association

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.

article thumbnail

Fast and Flexible, Not Furious: How Top Card Issuers Win the Race

Fintech News

Thanks to Way4s flexibility, Equity Bank Kenya was the first in the world to enable interoperability between the payment card network and a leading digital wallet ecosystem M-PESA. In 4 months Tsesnabank migrated from BPC’s SmartVista to our Way4 card management platform.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

The Association of Banks in Singapore selects MonetaGo to deliver the Trade Finance Registry

The Paypers

The Association of Banks in Singapore (ABS) has selected MonetaGo to deliver the Trade Finance Registry (TFR), an interoperable industry utility that bridges information silos between banks to combat duplicate financing fraud.

article thumbnail

Augmenting Trust With Technology In Global Trade Finance

PYMNTS

The opportunities for blockchain are significant in areas like managing high volumes of trade documents, with distributed ledger technology (DLT) able to promote the validity of documents with significantly less risk of duplication or data tampering. But blockchain goes further, said Tarone.

Finance 53
article thumbnail

Best Accounts Payable Software of 2023

Nanonets

This long timescale arises from interoperability between the steps and the time delays in to-and-fro transitions.   The AP process begins with the receipt of the invoice, passes through various levels of categorization, coding, data matching , and approvals, and ends with the payment of the invoice.

article thumbnail

Merchant-facing regulation: What merchants need to know in 2025

The Payments Association

This standard introduces structured, enriched data formats for payment messagesimproving interoperability, fraud detection, and reconciliation. Legal issue/risk Next steps/action required Legal issue/risk: If systems are not ready, merchants may experience failed reconciliations, duplicate entries, or settlement delays.

article thumbnail

How to Audit Bank Reconciliation?: A Complete Guide

Nanonets

Error Detection : These audits help in detecting errors such as incorrect postings, duplicate transactions, or unauthorized withdrawals, thereby reducing the risk of financial misstatements.   Last but not least, Nanonets facilitates seamless integration with existing systems, including legacy software, CRM, ERP, or RPA platforms.