Fintech Finance

JANUARY 9, 2024

Our joint efforts will concentrate on enhancing digital government ecosystems worldwide, with a special focus on advancing digital payments and digital identity management services.

Government 98

Government Governance Financial Literacy Cross-Border 98

PYMNTS

SEPTEMBER 15, 2020

Though at least some central banks are focusing on wholesale payments — 80 percent of 66 central banks queried by the Bank of International Settlements (BIS) said they were working on CBDCs — central bank efforts may bring retail use cases to bear, specifically through stimulus and government payments to individuals and families.

CBDC 91

CBDC Risk Central Bank Digital Currency 91

PYMNTS

AUGUST 21, 2020

The focus on wholesale payments may bring various retail use cases to reality — including stimulus and disbursement of government payments. Those use cases, of course, were floated earlier this year by various lawmakers as part of proposed legislation tied to stimulus spending as the pandemic hit.

CBDC 107

CBDC Fed Federal Reserve ISO 20022 107

Clearly Payments

FEBRUARY 12, 2024

Financial regulations and compliance requirements also shape Visa and Mastercard’s operations. As global payment networks, they must navigate complex regulatory frameworks governing payment processing, AML/CFT , and consumer protection in multiple jurisdictions.

Visa 105

Visa Payments Payment Networks Online and Mobile Banking 105

Fintech Finance

DECEMBER 13, 2023

“With the state-of-the-art technology supplied by ACI Worldwide, we are in a strong position to drive the real-time and digital transformation of Colombia’s payments ecosystem as part of our journey towards a modern, digital, and financially inclusive economy,” Villar continued.

Real Time Payments 52

Real Time Payments Central Bank Financial Inclusion Payments 52

Neopay

SEPTEMBER 26, 2024

This includes variable recurring payments (VRPs) in particular, which can provide people with more choice and control, as well as support financial inclusion. The PSR also consulted on Faster Payments proposals to enable a phased rollout of VRPs.

Cross-Border 52

Cross-Border Faster Payments Payee Consulting 52

Open Banking

AUGUST 30, 2023

This remarkable surge underscores the rapid pace at which open banking is reshaping the financial and payments landscape and reinforces the pivotal role it plays in driving financial inclusion, innovation, and consumer empowerment. In July 2023, the number of active payment users surged to 4.2 surge from July 2022.

Payments 52

Payments Financial Inclusion Credit Cards Message Standards 52

PYMNTS

AUGUST 6, 2019

Digital disbursements for pensions and government funds gained more traction in India this April, when the Reserve Bank of India’s (RBI’s) Committee on Deepening Digital Payments came together to discuss whether all government payments to citizens should be made through digital channels.

Instant Payments 43

Instant Payments Online and Mobile Banking Enrollments Payments 43

Fintech Labs Insights

OCTOBER 26, 2015

Three Finovate/FinDEVr alums won top honors at the Emerging Payments Awards in London, UK, earlier this month. Hyperwallet won in the “Best Corporate/Government Payments Programme” division with its Paylution Global Disbursements Program. As of June 2015, the program had enrolled more than 1.6 million refugees.

Emerging Payments 24

Emerging Payments Multi-Currency Visa Payments 24

The Fintech Times

JANUARY 21, 2025

Mobile money has played a pivotal role in driving financial inclusion, akin to other East African nations. Tanzania has experienced substantial growth in formal financial service adoption, with the percentage of citizens using such services rising from 16 per cent in 2009 to 65 per cent in 2017.

FinTech 59

FinTech Online and Mobile Banking Bots Authorization 59

Finovate

MARCH 26, 2025

. “President Trump is cracking down on waste, fraud, and abuse in government by modernizing outdated paper-based payment systems that impose unnecessary costs, delays, and security risks,” the Fact Sheet said. The move will ultimately bring stricter standards to government payments and will help foster consumer trust.

Fraud Prevention 83

Fraud Prevention Law Enforcement Payments Verification 83