The Payments Association

MARCH 18, 2025

From open banking to open finance and beyond: The future of financial data-sharing March 18 2025 by Payments Intelligence LinkedIn Email X WhatsApp What is this article about? The evolution of open banking into open finance, examining regional regulatory approaches and adoption trends. Why is it important?

Finance 88

Finance Payment APIs and Integration Non-Bank Embedded Finance 88

Fintech Finance

FEBRUARY 20, 2025

However, challenges such as interoperability and fraud must be addressed to fully unlock the potential of faster payments. Overcoming cost and interoperability hurdles through innovative solutions will be key to sustaining this momentum and delivering on the promise of faster payments.

Faster Payments 102

Faster Payments Multifactor Authentication FedNow RTP 102

Fintech Finance

MARCH 19, 2025

One of the primary issues explored in the report is the lack of interoperability among various QR code presentation formats in the United States. This report reflects the work of dedicated industry leaders who are committed to overcoming barriers and creating a more accessible, interoperable, and user-friendly payments landscape.

Faster Payments 129

Faster Payments Instant Payments FPC Point-of-Sale (POS) 129

Fintech Finance

JANUARY 8, 2025

This will be supported by the CPMI central bank community of practice on payment systems and the CPMI industry taskforce on cross-border payments interoperability and extension. The post BIS CPMI Takes Further Steps to Promote ISO 20022 Harmonisation for Enhanced Cross-Border Payments appeared first on FF News | Fintech Finance.

ISO 20022 98

ISO 20022 Cross-Border Payments Cross-Border ISOs 98

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

Fintech Finance

NOVEMBER 1, 2024

This innovation promotes interoperability, flexibility, and significant cost savings for businesses. Seamless Interoperability: HitPay’s single switch provides access to the top real-time payment schemes, offering customers their preferred local payment methods.

Cross-Border Payments 98

Cross-Border Payments Cross-Border Real Time Payments APACS 98

The Fintech Times

JULY 3, 2025

“By combining Ripple Payments with OpenPayd’s rail-agnostic and fully interoperable fiat infrastructure, we are delivering a unified platform that bridges traditional finance and blockchain.

Cross-Border Payments 69

Cross-Border Payments Cross-Border Stablecoins Interoperability 69

Fintech News

JUNE 24, 2025

Brankas , an open finance platform provider, has partnered with Vietnam-based technology firm Gimasys to deliver open banking solutions for the country’s financial sector. The collaboration aims to help banks and financial institutions comply with new regulations and accelerate their digital transformation efforts. ” Todd D.

Payment APIs and Integration 104

Payment APIs and Integration Regulatory Compliance Non-Bank API 104

Fintech News

OCTOBER 17, 2024

The Bank for International Settlements (BIS) has launched Project Aperta , an initiative aimed at improving open finance interoperability, reducing frictions, and cutting costs in global finance. Around 70 jurisdictions regulate open finance, each with different approaches such as regulatory-led or market-led systems.

Cross-Border 117

Cross-Border Finance Security Interoperability 117

Fintech Finance

OCTOBER 9, 2024

and CBI joins their IBAN-Name Check expertise at the service of their respective communities in order to offer an interoperable solution to fight against fraud. Through this collaboration, PSPs connected to this interoperable solution will gain access to a crucial verification service. SEPAmail.eu The post CBI and SEPAmail.eu

IBAN 105

IBAN Interoperability Payee Verification 105

Fintech News

JUNE 17, 2025

This is crucial to fighting money laundering and terrorist financing. Source: Sumsub Key issues include weak risk assessments, delayed rollout of the Travel Rule, and a lack of interoperability among compliance tools. Four years since the standard was introduced, private-sector compliance still trails behind other financial industries.

Compliance 100

Compliance Travel Rule Regulations APACS 100

Finextra

JUNE 2, 2025

All of a sudden, your personal finance app can pull in your bank data and give you a unified view of your finances, or initiate a payment on your behalf – things that were near impossible in the past without your bank’s direct involvement. Open Finance says: why not? Crucially, Open Banking was just the opening act.

Finance 52

Finance Payment APIs and Integration API Regulations 52

Fintech Finance

JANUARY 23, 2025

Open Banking Platform, Ordo appeared first on FF News | Fintech Finance. Ordo delivers a wide range of payments and data services including variable recurring payments and is an official crown services supplier. The transaction is fully approved by both the UK FCA and Norwegian FSA. The post Neonomics Acquires U.K.

Acquirers 105

Acquirers Interoperability Faster Payments Regulations 105

Fintech Finance

JANUARY 21, 2025

In the architecture of the VOP scheme, the EDS enables reachability and interoperability between VOP scheme participants. This agreement marks a significant milestone in advancing the VOP scheme, ensuring greater security and interoperability in payments across Europe.

SWIFT 98

SWIFT Payee IBAN RFP 98

The Fintech Times

APRIL 17, 2024

The UK’s Regulated Liability Network has chosen R3 , a company specialising in enterprise distributed ledger technology and services, as well as Quant , a blockchain provider for finance, to develop the technology prototype for its experimental stage.

Payment APIs and Integration 137

Payment APIs and Integration Blockchain Finance Digital Payments 137

Fintech Finance

JUNE 19, 2025

The service improves financial interoperability by making transactions faster, more convenient, and cost-effective for small and medium-sized enterprises (SMEs) and individuals. The post OnAfrIQ Partners with PAPSS to Launch Cross‑Border Payment Services in Ghana appeared first on FF News | Fintech Finance.

Cross-Border Payments 95

Cross-Border Payments Cross-Border Financial Inclusion Settlement 95

Fintech Finance

NOVEMBER 21, 2024

This partnership is set to empower African communities, governments, and businesses, and represents a significant step toward realising the shared goal of financial inclusion and economic advancement across Africa, with blockchain and decentralised finance at the forefront of this transformation.

Payment Networks 98

Payment Networks Digital Payments Digital Currency Innovation 98

Fintech Finance

APRIL 24, 2025

Interoperability interest is high, but action is low – While 92% of banks are considering interoperability and 52% are strongly considering it, very few (2%) have started their journey. ” The post RTP and FedNow Transaction Limit Increases Fuel Instant Payments Surge appeared first on FF News | Fintech Finance.

Transaction Limits 84

Transaction Limits RTP FedNow Instant Payments 84

The Fintech Times

MARCH 25, 2025

The International Financial Centre (IFC) of the UAE’s capital, ADGM has announced a new memorandum of understanding (MoU) with Chainlink , the onchain finance firm, to advance compliant tokenisation frameworks. Why Chainlink?

Interoperability 78

Interoperability Blockchain Regulatory Compliance Authorization 78

The Payments Association

APRIL 7, 2025

The industry must focus on technological investments, enhancing security, and addressing regulatory and interoperability challenges to stay competitive. Furthermore, the survey highlights the key challenges faced by the industry, such as cyber-security threats and the need for interoperability between different payment systems.

Financial Crimes 88

Financial Crimes Interoperability Payments Crime 88

Finextra

JUNE 23, 2025

That means JP Morgan’s digital dollars can potentially interoperate with the broader crypto ecosystem – from decentralised finance platforms to other banks’ token networks – without needing a special private ledger or bespoke infrastructure. This is a profound upgrade to the nuts-and-bolts of finance.

Embedded Finance 52

Embedded Finance Stablecoins Finance Payment APIs and Integration 52

Finextra

JUNE 23, 2025

Using stablecoin infrastructure from Paxos and Circle, FIUSD is being pitched as a bank-friendly coin, offering clients an efficient and interoperable digital asset service for their banking and payment flows. Fiserv is now offering to help banks make the move.

Stablecoins 75

Stablecoins Interoperability Multi-Currency Privacy 75

Fintech News

MAY 21, 2024

The Monetary Authority of Singapore (MAS) and the People’s Bank of China (PBC) are advancing their cooperation in green and transition finance. This announcement follows the 2nd China-Singapore Green Finance Taskforce (GFTF) meeting held on 20 May 2024. The latest meeting highlighted progress in several key areas.

Central Bank 118

Central Bank Finance Metaverse Cross-Border 118

Fintech Finance

JANUARY 2, 2025

Its mission is to facilitate the worldwide interoperability of secure payment transactions by developing and publishing the EMV Specifications and their related testing processes. The post EMVCo Becomes an Accredited ISO/IEC Certification Body appeared first on FF News | Fintech Finance.

Accreditation 98

Accreditation ISOs EMV Cybersecurity 98

The Fintech Times

MARCH 7, 2025

Charlotte Crosswell, chair, CFIT CFIT chair, Charlotte Crosswell OBE, said: “Fraud stifles economic growth by burdening businesses and banks with unnecessary costs, slowing access to setting up bank accounts and the loan finance needed for businesses to invest and grow.

Compliance 96

Compliance Financial Crimes Crime Governance 96

Fintech News

FEBRUARY 14, 2024

The trade finance industry has been aspiring for greater digitalisation, striving to tap into potential benefits such as improved transparency, efficiency, risk mitigation and support for small and medium-sized enterprises (SMEs).

Finance 127

Finance Distributed Ledger Technology (DLT) Payment APIs and Integration Legal Framework 127

Fintech Finance

NOVEMBER 27, 2024

Leading on building an open and interoperable future for merchants worldwide, Primer has achieved significant milestones in product innovation and senior team hires in 2024 to meet the evolving needs of global enterprises.

APACS 90

APACS Interoperability Push-to-Card Payments 90

The Fintech Times

APRIL 20, 2024

Additionally, it emphasises the importance of local champions, eID wallets, open finance , and the critical need for interoperability. The post Mobey Forum Notes Need for Interoperability and Open Finance in Uptake of Digital Wallets by Banks appeared first on The Fintech Times.

Interoperability 69

Interoperability Finance Facilitators Transactions 69

Fintech Finance

JANUARY 2, 2025

Faster Payments Council Publishes International Report on Mitigating Faster Payments Fraud appeared first on FF News | Fintech Finance. .” The International Practices in Mitigating Faster Payments Fraud report is now available for download from the FPC’s Faster Payments Knowledge Center. The post U.S.

Faster Payments 98

Faster Payments Mitigation FPC Payments 98

Finextra

JUNE 24, 2025

These solutions are already widely adopted and focus on enabling technical interoperability between existing mobile wallets, offering fast and integrated payment experiences within their local banking ecosystems. Wero, in contrast, offers a unified architecture, designed for full interoperability and scale across Europe.

Agreements 59

Agreements Payment Networks Digital Payments Payment APIs and Integration 59

The Fintech Times

MARCH 14, 2025

Yooro , the securitisation-as-a-service platform, is improving how it issues, manages and distributes tokenised securities following a new partnership with Tokeny , the onchain finance operating system. The platform is designed to eliminate silos, ensuring assets are natively interoperable with the broader financial ecosystem.

Interoperability 64

Interoperability Compliance Facilitators Security 64

Fintech Finance

JUNE 3, 2025

At its core, Onafriq is providing digital interoperability across mobile wallets, bank accounts, cards, and offline payment channels – bringing Africa closer to a seamless and integrated financial future. I’m incredibly proud of what we’ve achieved and even more excited about the road ahead.”

Interoperability 72

Interoperability Cross-Border Cross-Border Payments Use Case 72

Open Banking Excellence

MAY 2, 2024

As a regulator, we aim to facilitate the entry of disruptors in areas including Open Banking and Open Finance in this concentrated and competitive market. We have an Open Banking and Open Finance movement already, as well as CBDC concepts moving to the pilot stage.

Interoperability 147

Interoperability Payment APIs and Integration Central Bank Cross-Border 147

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. Atome Financial specialises in consumer financing, ADVANCE.AI billion insurtech Matrixport 1.05 billion payments Coda 2.5

FinTech 138

FinTech Online and Mobile Banking Payment APIs and Integration Push-to-Card 138

Fintech Finance

MARCH 24, 2025

By introducing the SOMQR standard and establishing the Somalia Payment Switch (SPS) as the scheme manager and operator, CBS aims to reduce reliance on cash, ensure interoperability, and expand financial services across the country. The demand for secure, fast, and modern payment solutions has been pressing.

Instant Payments 90

Instant Payments Settlement Payments Central Bank 90

Fintech News

MAY 5, 2025

The company is also a member of the Global Finance and Technology Network (GFTN). Designed for interoperability, the platform supports a range of use casesfrom remittances and merchant payouts to treasury and wallet operations.

Cross-Border Payments 99

Cross-Border Payments Cross-Border Stablecoins Cross-Border Settlement 99

The Fintech Times

JUNE 22, 2025

The new launch will improve financial interoperability by making transactions faster, more convenient, and cost-effective – the primary emphasis of the new service will be on small and medium enterprises (SME) and retail transactions. The service will soon be available on mobile money and other fintech-based wallets.

Cross-Border Payments 49

Cross-Border Payments Cross-Border Finance Settlement 49