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 APIs and Integration Payment Security Credential 88

The Fintech Times

DECEMBER 18, 2024

It also reduces costs through resource sharing, enhances system resilience, and supports economic inclusion by expanding access to financial services for underserved groups. This will allow them to create innovative products that improve user experience beyond the mandatory services.

Finance 115

Finance IBAN Fraud Prevention Interoperability 115

Fintech Finance

NOVEMBER 21, 2024

Over 350 million adults in Africa live on a cash-only basis ( [link] ), without access to financial accounts, credit cards, or lending facilities. Digital currency systems could prove to be key in improving financial inclusion and opening up new opportunities to large underbanked communities in many African countries.

Payment Networks 98

Payment Networks Digital Payments Digital Currency Innovation 98

The Payments Association

FEBRUARY 13, 2025

Designed for speed, interoperability, and user-friendliness, UPI has become the backbone of India’s payment ecosystem. Its key advantages include instant transactions, interoperability across banks and payment apps, low-cost processing, and enhanced security features.

Cross-Border Payments 88

Cross-Border Payments Cross-Border Interoperability Payments 88

Fintech News

JANUARY 7, 2024

Customer penetration for payments, lending, and wealth in Indonesia, Source: Indonesia’s Fintech Industry is Ready to Rise, AC Ventures/BCG Group, March 2023 Featured image credit: edited from unsplash The post Payments Innovation in Indonesia to Drive Economic Growth and Financial Inclusion appeared first on Fintech Singapore.

Financial Inclusion 125

Financial Inclusion Innovation Payments NOV 125

Fintech Finance

JANUARY 2, 2025

The FPC prioritizes inclusion of diverse perspectives in tackling complex topics such as interoperability, identifying real-world solutions that can ease adoption of faster payments, managing security risks and fraud threats, addressing barriers to financial inclusion and cross-border payments, and more, as the organization paves the way toward a future (..)

Faster Payments 98

Faster Payments Mitigation FPC Payments 98

Fintech Finance

MARCH 24, 2025

Championed by the Central Bank of Somalia (CBS), the initiative marks a major step in modernising Somalia’s payment infrastructure, promoting financial inclusion and enhancing economic stability. The demand for secure, fast, and modern payment solutions has been pressing.

Instant Payments 90

Instant Payments Settlement Payments Central Bank 90

PYMNTS

NOVEMBER 23, 2020

Blockchain and a bank charter might do much to boost financial inclusion. He stated that the Figure Pay account will be interoperable with other accounts and payment methods (bypassing some of the vagaries of “closed” systems like MCX, now long-defunct).

Financial Inclusion 86

Financial Inclusion Office of the Comptroller of the Currency Blockchain OCC 86

Fintech Finance

MAY 27, 2025

By removing traditional barriers and enabling instant acceptance, Aani is not only enhancing business efficiency but is advancing financial inclusion and supporting the UAE’s broader vision of a cashless, digitally empowered economy.”

Instant Payments 85

Instant Payments Real Time Payments IBAN Payments 85

Fintech Finance

JUNE 7, 2024

Faster Payments Council (FPC) , a membership organization devoted to advancing safe, easy-to-use faster payments in the United States, has announced the publication of its latest industry resource, the Faster Payments and Financial Inclusion survey report.

Financial Inclusion 64

Financial Inclusion Faster Payments FPC Cross-Border Payments 64

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

Faster Payments Council

JUNE 22, 2021

Faster Payments Council (FPC), in partnership with Glenbrook Partners, today released the research report, Why Interoperability is Important to Faster Payments. Interoperability has been a recurring theme across the FPC's work efforts and a hot topic within the industry at large in recent years," said FPC Executive Director Reed Luhtanen.

Interoperability 68

Interoperability Faster Payments Research FPC 68

PYMNTS

MARCH 1, 2017

One of them is that too many people in the world are denied access to banking and financial services of any kind. That this lack of financial inclusion excludes them from participating in most of the payments and commerce activities that most of those reading this take for granted. The second?

Financial Inclusion 60

Financial Inclusion Visa Interoperability Economy 60

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

Fintech Finance

MARCH 24, 2025

Championed by the Central Bank of Somalia (CBS), the initiative marks a major step in modernising Somalia’s payment infrastructure, promoting financial inclusion and enhancing economic stability. The demand for secure, fast, and modern payment solutions has been pressing.

Instant Payments 69

Instant Payments Settlement Payments Central Bank 69

The Fintech Times

SEPTEMBER 19, 2024

Lighthub Asset and WeLab’s venture (the consortium) will improve financial inclusion in Thailand. Its features will be tailored to solopreneurs and micro, small and medium enterprises (MSMEs) facing unstable income and limited financial access.

Financial Inclusion 59

Financial Inclusion Underserved Interoperability Multi-Currency 59

Fintech News

JANUARY 15, 2024

Building upon SGQR, SGQR+ represents the next generation of interoperable payments for merchants., designed to align with the country’s vision of a seamless, accessible, and interoperable payments ecosystem. Here are five interesting takeaways gathered from the interoperable SGQR+ trials.

Interoperability 117

Interoperability Cross-Border Payments Financial Inclusion 117

Fintech News

DECEMBER 9, 2024

This proactive approach, driven by the Monetary Authority of Singapore (MAS), seeks to enhance the nation’s financial infrastructure. The goal is to attract investment and innovation, maintain Singapore’s competitive edge in the global arena, and expand financial inclusion.

Cryptocurrency 117

Cryptocurrency Cross-Border Consumer Protection Facilitators 117

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.

FinTech 117

FinTech Cross-Border On-Demand Innovation 117

Faster Payments Council

FEBRUARY 18, 2021

Faster Payments Council (FPC), a membership organization devoted to advancing faster payments in the United States, today announced it has launched two new FPC Work Groups: Financial Inclusion and Real-Time Recurring.

Financial Inclusion 68

Financial Inclusion Faster Payments FPC Cross-Border Payments 68

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 138

FinTech Online and Mobile Banking Payment APIs and Integration Finance 138

Fintech News

SEPTEMBER 10, 2024

Asia Pacific point-of-sale payment methods – Select markets, Source: Beyond Payments: Digitalization Trends in the Cross-Border Checkout Revolution, Deloitte, Jul 2024 Payment interoperability The growth of digital payment innovations in APAC has emphasized the need for connectivity and interoperability in both online and offline transactions.

Cross-Border Payments 109

Cross-Border Payments Cross-Border APACS Interoperability 109

Fintech News

MAY 11, 2025

This technology-driven approach enables Thunes to support a wide variety of use cases including gig economy payouts, e-wallet interoperability, and financial inclusion efforts. Thunes has been featured in the FXC Intelligence Cross-Border Payments 100 list for all seven years.

Cross-Border Payments 121

Cross-Border Payments Cross-Border APACS Distributed Ledger Technology (DLT) 121

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

The Paypers

MAY 16, 2016

(The Paypers) Tigo , a digital services provider, and Umurenge SACCO, a Rwanda- based savings credit and co-operatives, have launched an interoperability platform link to boost financial inclusion.

Financial Inclusion 28

Financial Inclusion Interoperability Service Provider 28

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. billion of additional global GDP growth.

Real Time Payments 52

Real Time Payments Accounts Financial Inclusion Payments 52

The Fintech Times

APRIL 16, 2025

Expanded financial connectivity, empowering millions of customers to transact internationally with ease. Greater financial inclusion , enabling businesses and individuals to participate more effectively in the global digital economy.

Funds Transfer 49

Funds Transfer PayPal Cross-Border Cross-Border Payments 49

Fintech News

SEPTEMBER 19, 2024

Committed to open competition and interoperability, we’re truly ecosystem agnostic, with a strong track record of working with global leading brands like Apple, Tesla, Allianz and CK Hutchison.”

Underserved 130

Underserved Cross-Border Financial Inclusion Interoperability 130

M2P Fintech

AUGUST 25, 2023

Network inaccessibility keeps a large section of the population out of the ambit of digital payments and is a challenge to financial inclusion. This is a key step in accelerating financial inclusion and digital penetration among the masses. Fortunately, there’s a light at the end of this tunnel!

Financial Inclusion 52

Financial Inclusion Digital Payments Online and Mobile Banking Payments 52

Fintech Review

JULY 10, 2024

These initiatives not only provide financial services but also create new income opportunities in regions with limited job prospects. The integration of gaming and finance through blockchain technology opens up avenues for individuals to engage in the digital economy, fostering financial inclusion and economic development.

Finance 97

Finance Financial Inclusion Underserved Blockchain 97

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 75

Payment Solutions Push-to-Card Payments Credit Cards 75

Fintech Finance

APRIL 15, 2025

Expanded financial connectivity, empowering millions of customers to transact internationally with ease. Greater financial inclusion, enabling businesses and individuals to participate more effectively in the global digital economy.

Cross-Border Payments 59

Cross-Border Payments Cross-Border PayPal Funds Transfer 59

Fintech Finance

SEPTEMBER 12, 2024

The Interledger Foundation , an organization building and advocating for an open, interoperable payment network, and Chimoney , a fintech company providing multi-currency wallets and infrastructure for cross-border payments, today announced their work to power cross-border payments between more than 130 countries worldwide.

Cross-Border Payments 98

Cross-Border Payments Cross-Border Multi-Currency Interoperability 98

PYMNTS

JUNE 24, 2020

Visa and the Dutch FinTech TerraPay said they plan to develop and deliver “payment solutions to drive financial inclusion and cashless transactions for domestic payments and global remittances.”. “Interoperability is key to a digitally connected payments ecosystem.”.

Interoperability 97

Interoperability Payments Financial Inclusion FinTech 97

Fintech Finance

SEPTEMBER 13, 2024

The FPC prioritizes inclusion of diverse perspectives in tackling complex topics such as interoperability, identifying real-world solutions that can ease adoption of faster payments, managing security risks and fraud threats, addressing barriers to financial inclusion and cross-border payments, and more, as the organization paves the way toward a future (..)

Instant Payments 131

Instant Payments Faster Payments FPC Real Time Payments 131

Open Banking Excellence

JULY 1, 2024

With the UK government continuing to support the UK’s broader fintech environment and promote open banking innovation, Open Banking in a Box will champion the UK’s world-leading open banking standards and make the case for greater cross-border interoperability that will benefit UK PLC and support financial inclusion globally.

Use Case 130

Use Case Cross-Border Regulations Best Practices 130

Fintech News

DECEMBER 11, 2023

G+D’s non-DLT-based CBDC system, Filia, was used in the direct model, demonstrating its interoperability and can be integrated into both traditional account-based environments and DLT solutions. 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