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

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

Fintech News

MAY 11, 2025

DBS Bank is also a participating bank in PayNow, Singapores consumer real-time payments service. 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.

Cross-Border Payments 122

Cross-Border Payments Cross-Border APACS Distributed Ledger Technology (DLT) 122

Fintech Review

JULY 10, 2024

By leveraging cryptocurrencies and smart contracts, DeFi circumvents barriers such as geographic limitations and bureaucratic hurdles, thereby empowering users to actively participate in global financial markets. Interoperability with traditional financial systems presents another significant hurdle.

Finance 97

Finance Financial Inclusion Underserved Blockchain 97

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

DECEMBER 11, 2023

Commercial bank participants, through their own instances of UDPN Business Nodes, can actively engage in various activities, such as CBDC issuance (for issuing banks), wallet creation, linking wallets to bank accounts and KYC systems, fiat-CBDC exchange, AML/CFT compliance, and initiation of CBDC transfers, swaps, and settlement.

CBDC 113

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

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

The Fintech Times

JANUARY 23, 2025

We often explore how fintechs are changing the banking and payments landscapes, and sometimes look into how their solutions are supporting financial inclusion and helping people develop healthy financial habits.

FinTech 64

FinTech Financial Literacy Cross-Border Online and Mobile Banking 64

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 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

The Fintech Times

JUNE 6, 2024

The platform now invites further international participation and private sector proposals for value-added solutions. The Saudi Central Bank (SAMA) has recently joined as a full participant, with over 26 other central banks observing. In 2022, a pilot involving real-value transactions demonstrated the platform’s capabilities.

Participant 45

Participant Distributed Ledger Technology (DLT) Cross-Border Payments CBDC 45

Fintech News

JUNE 19, 2024

Stablecoins can be backed by fiat currencies, commodities, or even other cryptocurrencies, and offer a range of benefits, including faster and cheaper cross-border transactions, increased financial inclusion, and the potential for programmable money. Project Orchid, and the 1st use of purpose bound money, in partnership with Grab.

Stablecoins 113

Stablecoins Cross-Border Cross-Border Payments Blockchain 113

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 more jurisdictions refine regulations and expand open finance frameworks, the focus will shift to interoperability, consumer trust, and cross-industry data integration.

Finance 88

Finance Payment APIs and Integration Non-Bank Embedded Finance 88

PYMNTS

SEPTEMBER 21, 2020

Designed as part of the central bank’s national financial-inclusion strategy, JoMoPay provides the regulatory framework under which Dinarak operates. The system also allows for interoperability across the various payment service providers emerging in the Jordanian landscape. An Overnight Change.

Online and Mobile Banking 102

Online and Mobile Banking Financial Inclusion Interoperability Participant 102

The Fintech Times

MAY 29, 2024

The Interledger Foundation , an organisation building and advocating for an open, interoperable payment network, is introducing a new initiative to fund fintechs that leverage its Interledger Protocol (ILP) to bring payment capabilities to emerging markets and underserved populations.

Instant Payments 69

Instant Payments Cross-Border Payments Financial Inclusion Underserved 69

The Fintech Times

MARCH 18, 2025

Seamless and affordable international alternative payment methods will empower individuals and businesses, fostering global economic participation. This feature, being implemented by Pix system participants (banks, payment institutions, etc.), Weve developed a solution for Pix with Embedded Authentication the 1-Click Pix.

Online and Mobile Banking 64

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

Fintech Finance

FEBRUARY 6, 2024

” 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. Currently, domestic card transactions are routed through international payment gateways. .”

Interoperability 64

Interoperability Real Time Payments Non-Bank Financial Inclusion 64

The Payments Association

JANUARY 13, 2025

By addressing gaps in financial inclusion, PSPs can establish themselves as vital players in these economies. These partnerships can accelerate the development of interoperable systems and new use cases for digital assets. This also positions them as thought leaders in the sector.

Legal 88

Legal Stablecoins Cross-Border Due Diligence 88

Fintech Finance

OCTOBER 4, 2024

The context and challenges of each impact the means, not the end, because the result of this digital revolution is very similar in all these regions: economic development, financial inclusion, and innovation,” says Juliana Etcheverry , Director of Country Growth – Latin America at EBANX.

Consumer 98

Consumer Online and Mobile Banking Credit Cards Economy 98

Fintech News

OCTOBER 28, 2024

These awards highlight companies and individuals whose fintech initiatives have contributed to advancing financial technology, promoting financial inclusion, and improving service delivery. RCBC Diskartech is a multilingual financial inclusion application, available in Taglish (Tagalog-English) and Cebuano.

AI 108

AI FinTech Innovation Payment APIs and Integration 108

The Payments Association

JANUARY 21, 2025

Payments providers will need to prioritise interoperability and compliance to unlock growth while addressing security and volatility concerns. The growing adoption of mobile and internet technology, paired with consumer demand for instant payments, will further advance financial inclusion.

Payments Trends 88

Payments Trends Financial Crimes Cross-Border Payments 88

Fintech News

DECEMBER 13, 2024

This trend highlights efforts to enhance monetary sovereignty, boost financial inclusion, and modernise payment systems in an increasingly digital world. IDRT, issued by PT Rupiah Token Indonesia, is widely used on centralised and decentralised exchanges, enabling seamless participation in decentralised finance (DeFi) ecosystems.

Stablecoins 109

Stablecoins Cross-Border Cross-Border Payments Caps 109

Finovate

MARCH 7, 2025

Its fair to say that traditional financial systems left many people and communities underserved, but LPMsfrom mobile wallets in Africa to RTP schemes like UPI in Indiabridge this gap, and theyre empowering billions of consumers to participate in the digital economy. At Boku, we want to be at the heart of this transformation.

Payments 52

Payments Push-to-Card Online and Mobile Banking P2P 52

Fintech Finance

JUNE 5, 2024

UPI’s collaborative and open banking ethos enables greater connectivity and interoperability with both domestic and international payment networks and will foster innovation and resilience in the Peruvian payment ecosystem. The support of the Reserve Bank of India has been a cornerstone of this agreement.

Real Time Payments 52

Real Time Payments Financial Inclusion Agreements International Payments 52

Faster Payments Council

AUGUST 23, 2024

The moderator will drive the conversation, but audience participation will be encouraged! Hear considerations including user experience, transaction routing, payments risk management, and navigating interoperability. What are the pros and cons? This session will pressure test the need for a directory capability with a live debate.

FPC 128

FPC ISO 20022 Federal Reserve Instant Payments 128

Fintech Finance

FEBRUARY 27, 2025

Credibanco, recognized for creating electronic payments in Colombia, and Dock, a leader in banking and digital payments in Brazil and Pix participant, will serve as an intermediary for this innovative solution. “The transformative impact of Pix in Brazil has shown us that instant payments can change realities.

Instant Payments 59

Instant Payments Payment Solutions Financial Inclusion Payments 59

Segpay

JUNE 13, 2024

Source: pymnts.com Its speed, competitive pricing, and integrated fraud management features are bound to attract a wide network of participating FIs. Interoperability: Designed to work alongside existing payment systems. FedNow Key features include: Real-time Payments: Enables funds to be transferred instantly, 24/7/365.

FedNow 52

FedNow Federal Reserve Real Time Payments Instant Payments 52

Finovate

SEPTEMBER 20, 2024

A recent example of this was with Hungary’s OTP, which in June 2023 became the first international player to participate in the privatization of the Uzbek banking sector, acquiring former state-owned Ipoteka Bank. In practice, it allows customers to seamlessly interact with multiple financial institutions.

Innovation 122

Innovation FinTech Online and Mobile Banking On-Demand 122

Fintech Finance

APRIL 19, 2024

The report offers a comprehensive analysis of QR code adoption, focusing on five critical factors: · Oversight: A single QR code standard with robust oversight is essential for promoting interoperability and consumer confidence, facilitating QR code usage across different payment networks and devices.

Faster Payments 59

Faster Payments FPC Payments Best Practices 59

Fintech Finance

DECEMBER 13, 2023

The Central Bank will utilize ACI’s Digital Central Infrastructure , part of the award-winning ACI Enterprise Payments Platform to build the Central Infrastructure of an interoperable, countrywide scheme that includes centralized settlement and addressing services for the existing real-time payments schemes.

Real Time Payments 52

Real Time Payments Central Bank Financial Inclusion Payments 52

Fintech Finance

MAY 8, 2024

This report not only outlines the challenges but also offers modern solutions to create a streamlined and reliable process for all participants.” For those reasons, the FPC urges all system participants to adopt the recommendations in this report.”

Faster Payments 52

Faster Payments FPC Payments RFP 52

Fintech News

OCTOBER 16, 2024

Building on its success in 2023, which attracted over 66,000 participants from 150 countries, SFF 2024 will feature a distinguished lineup of global central bankers, regulators, industry leaders, entrepreneurs, investors, innovators, and influencers.

FinTech 113

FinTech Cross-Border Payments AI Innovation 113

PYMNTS

JUNE 4, 2019

That’s what one might think about when listening to a new PYMNTS interview, as Trulioo CEO Stephen Ufford described to Karen Webster his company’s new “strategic partnership” with Refinitiv , a global giant when it comes to financial market data and infrastructure — an effort announced today (June 4). New Partnership. Banks And Digital ID.

Consumer 50

Consumer Verification Financial Inclusion Small Business 50

Fintech Finance

FEBRUARY 6, 2024

Aani sets a new industry standard by offering full interoperability across all payment services, enabling instant digital payments 24/7. Our partnership with Al Etihad Payments signifies our dedication to driving innovation, fostering financial inclusion, and contributing to the UAE’s cashless economy initiatives.

FinTech 52

FinTech Funds Transfer P2P IBAN 52

Payment Savvy

MAY 15, 2023

Interoperability FedNow intends to work seamlessly with other payment networks. It encourages financial institutions to provide affordable and user-friendly services to customers. This promotes greater financial inclusion and ensures everyone can access fast, reliable payment services. No worries. It’s that simple.

FedNow 52

FedNow Federal Reserve Liquidity Management Instant Payments 52

PYMNTS

AUGUST 29, 2018

Another 28 percent say that interoperability of systems is key. And consider the fact that Kenya – where credit scoring can lead to financial inclusion – noted that in its own statement on the initiative, such technology needs to make sure that “controls are in place” tied to the risk of emerging technologies.

Blockchain 40

Blockchain Distributed Ledger Technology (DLT) Financial Inclusion Interoperability 40

The Fintech Times

MARCH 20, 2024

Optimising consumer and business experiences During the event, Zhang Qingsong, deputy governor of the PBOC , stated that the rapid development and accelerated penetration of mobile payment in China in recent years have been pivotal in reducing transaction costs and promoting financial inclusion. in key cities and use cases.

Use Case 59

Use Case Online and Mobile Banking Government Governance 59