The Payments Association

MARCH 19, 2025

Legacy systems are increasingly unreliable, expensive to maintain, and resistant to modern payment innovations. With modern core banking platforms, banks can break free from legacy constraints, innovate with confidence, and future-proof their payments strategyall while reducing costs and ensuring operational resilience.

Payment APIs and Integration 88

Payment APIs and Integration Innovation Cross-Border ISO 20022 88

Fintech Finance

NOVEMBER 21, 2024

Financial innovation is not limited to central banks. The post Universal Digital Payments Network (UDPN) and FORUS Digital Announce Strategic Cooperation to Advance Financial Innovation in Africa appeared first on FF News | Fintech Finance.

Payment Networks 98

Payment Networks Digital Payments Digital Currency Innovation 98

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

NFCW

JANUARY 21, 2025

Specifications “enhance UWBs capabilities, enabling seamless interoperability and unlocking new possibilities for precise and secure ranging and positioning in diverse applications,” the standards organisation says. The updated Core 3.0 FiRa Core 3.0

Mobile Payments 104

Mobile Payments Interoperability Use Case Payments 104

The Payments Association

JANUARY 15, 2025

Swift drives global interoperability and innovation, aligning with the UK’s National Payments Vision to enhance seamless, secure payments. This is an example of how the scale of the Swift network can be leveraged to interoperate market infrastructures to enhance the user experience.

SWIFT 88

SWIFT ISO 20022 Cross-Border Cross-Border Payments 88

The Fintech Times

DECEMBER 18, 2024

The fintech, which serves as an industry utility with over 30 years of experience, spearheads the creation of innovative digital platforms that support the integration of open banking and finance, crucial for modernising the financial ecosystem. CBI, led by managing director Liliana Fratini Passi, plays a pivotal role in this transformation.

Finance 115

Finance IBAN Fraud Prevention Interoperability 115

Fintech Finance

JANUARY 23, 2025

Founded by the former management team of the UK Faster Payments scheme, Ordo is an FCA authorised open banking payments innovator and one of the very first to be licensed as such in the UK. Ordo delivers a wide range of payments and data services including variable recurring payments and is an official crown services supplier.

Acquirers 105

Acquirers Interoperability Faster Payments Regulations 105

The Payments Association

JUNE 3, 2025

In doing so, they risk missing the core innovation that digital money promises: the ability to transfer value directly, securely, and potentially without the need for intermediaries. Beyond technical proof points, these initiatives underscore the need for global interoperability. Flexibility is also crucial when it comes to custody.

CBDC 88

CBDC Cross-Border Central Bank Cross-Border Payments 88

The Fintech Times

MARCH 25, 2025

The agreement also outlines a series of events and workshops aimed at educating the UAE ecosystem on key topics related to blockchain and AI, such as tokenisation, cross-chain interoperability, proof of reserves, and emerging blockchain standards. This alliance strengthens ADGMs position as a global hub for technology-driven innovation.

Interoperability 78

Interoperability Blockchain Regulatory Compliance Authorization 78

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 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

Fintech News

MARCH 11, 2025

.” Chatchai Dusadenoad Chatchai Dusadenoad, Managing Director, National ITMX Company Limited said, “As Thailand’s leading payment infrastructure provider, National ITMX plays a crucial role in driving interoperability and cross-border payment innovation.

Cross-Border Payments 103

Cross-Border Payments Cross-Border Payments Interoperability 103

The Fintech Times

MARCH 7, 2025

To help organisations ensure they are not losing revenue and improving their efficiency, security and trust, The Centre for Financial, Innovation and Technology (CFIT) has published its blueprint for fighting economic crime through its Digital Company ID.

Compliance 96

Compliance Financial Crimes Crime Government 96

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 Crime Interoperability Payments 88

Finextra

OCTOBER 24, 2024

Exploring the substantial growth across account-to-account payments and the conversion of cash to digital payments, the interview examines how the financial ecosystem is opening with digital wallet payments, QR Code acceptance and the promise of interoperability.

Real Time Payments 69

Real Time Payments Interoperability Innovation Payments 69

The Fintech Times

JANUARY 7, 2025

In recent years, the payments market has been marked by continuous dynamism, driven by disruptive innovations and the emergence of new paradigms based on open models. By doing so, they can create innovative products that enhance user experiences beyond mandatory services.

Value Added Service 105

Value Added Service Finance Payee Cross-Border Payments 105

NFCW

MARCH 27, 2025

Device manufacturers will have new opportunities to bring innovative products to the market, improving the user experience for consumers based in Europe.” . “As a result, connected devices of all brands will work better on iPhones.

Interoperability 101

Interoperability Rules End User Privacy 101

Fintech Finance

JANUARY 2, 2025

Fraud involving faster payments is a growing challenge that requires vigilance and innovation, said Lee Kyriacou, Chair of the FPC Fraud Work Group. stakeholders to adopt innovative approaches that protect consumers, businesses, and financial institutions. Collaboration and innovation are essential in combating fraud.

Faster Payments 98

Faster Payments Mitigation FPC Payments 98

Fintech News

JANUARY 13, 2025

Such a combination of demographic and policy-driven advantages suggests that despite the short-term downturn, the region holds immense potential for future growth and innovation. This demand is expected to fuel fintech innovations even in the face of current economic hurdles. Unicorns in the Drought?

FinTech 117

FinTech Cross-Border On-Demand Innovation 117

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 73

Interoperability Cross-Border Cross-Border Payments Use Case 73

The Fintech Times

NOVEMBER 6, 2024

As expected, innovations and announcements were rife throughout, here’s a roundup of all the news coming out of the global event. “For Visa, this is an opportunity to deliver innovations that enhance payment experiences across Asia Pacific with greater flexibility, security, and convenience.

Product 101

Product Cross-Border FinTech Cross-Border Payments 101

Fintech News

NOVEMBER 12, 2024

These zones spotlighted cutting-edge innovations and offered key discussions, providing attendees with a glimpse into the future of financial services. However, challenges remain, particularly regarding interoperability. The exhibition area hosted over 600 exhibitors and 41 international pavilions across five thematic zones.

FinTech 109

FinTech Cross-Border Payments Cross-Border Payment APIs and Integration 109

Fintech Finance

MAY 27, 2025

This solution demonstrates our commitment to help our Business Banking and NEO BIZ clients improve their cashflows through innovative banking solutions. Rajeev Chalisgaonkar, Head of Business Banking and NEO BIZ at Mashreq, said: “We are proud to be the first bank in UAE to offer Aani Instant Payments to SMEs.

Instant Payments 86

Instant Payments Real Time Payments IBAN Payments 86

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

Open Banking Excellence

MAY 2, 2024

Today, Georgia is a centre of fintech innovation and home to a pioneering Open Banking ecosystem. In doing so, it bridged Western and Eastern cultures, serving as a conduit for the propagation of innovations and knowledge.” Our banks are agile and innovative. It is a competitive market.

Interoperability 147

Interoperability Payment APIs and Integration Central Bank Cross-Border 147

Fintech News

DECEMBER 9, 2024

The goal is to attract investment and innovation, maintain Singapore’s competitive edge in the global arena, and expand financial inclusion. However, this embrace of the new is not without a cautious side, as Singapore carefully balances innovation with robust regulation and consumer protection.

Cryptocurrency 117

Cryptocurrency Cross-Border Consumer Protection Facilitators 117

Fintech Review

JULY 16, 2024

Open banking is transforming the financial landscape by fostering innovation , competition, and improved customer experiences. By accessing banking data, fintech companies can offer innovative products that improve customer choice and service quality. In Europe, the PSD2 directive has spurred significant innovation.

Innovation 98

Innovation Consumer API Financial Inclusion 98

Fintech News

JANUARY 7, 2024

Payments innovation in Indonesia holds significant promise for contributing to the nation’s economy and helping bring about a more inclusive, accessible, and equitable financial system. This system is also supporting the country’s digital economy and connecting Indonesians across its large geographically dispersed set of islands.

Financial Inclusion 125

Financial Inclusion Innovation Payments NOV 125

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. Abdirahman M.

Instant Payments 90

Instant Payments Settlement Payments Central Bank 90

Fintech News

FEBRUARY 2, 2025

Fast innovators are 18 times more disruptive, reports BCG, and getting new products to market quickly generates more sales from them at least 30% of revenue. Time-to-market accelerated with flexible product configuration To be the fast innovators, OpenWay clients rely on our highly configurable, rule-driven Way4 platform.

Card Issuer 107

Card Issuer Issuers Multi-Currency Online and Mobile Banking 107

Finovate

SEPTEMBER 20, 2024

What is the level of interest in fintech innovation there? The level of innovation in the local fintech market is very advanced, thanks to open banking. The key development, which has not yet been replicated in developed markets, is the full banking interoperability that open banking enables in Uzbekistan.

Innovation 122

Innovation FinTech Online and Mobile Banking On-Demand 122

Fintech News

NOVEMBER 17, 2024

Enter fintechs, like the Philippines-based Salmon, who leverage agility, talent, and innovation to not only compete and collaborate with banks, but acquire banks and transform into full-fledged financial institutions. The pressure to stay ahead continues to mount as customers demand more immediate and user-friendly experiences.

SWIFT 113

SWIFT API Underserved Interoperability 113

Fintech News

DECEMBER 22, 2024

New crypto regulations came into effect, introducing requirements relating to anti-money laundering (AML) and countering the financing of terrorism (CFT) and financial stability, and reflecting Singapores commitment to fostering innovation in the crypto and tokenization space.

FinTech 113

FinTech Cross-Border Payments Cross-Border Money Laundering 113

Finextra

JULY 19, 2024

Morgan Payments, explores the cross-border impact of SEPA on European and global interoperability and why ISO 20022 is crucial for financial institutions. At EBAday 2024, Renata Vilanova Lobo, Head of Global Clearing, J.P.

ISO 20022 87

ISO 20022 ISOs Cross-Border Interoperability 87

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. Businesses currently face costly inefficiencies due to excessive manual paperwork and limited digital data portability.

Cross-Border 117

Cross-Border Finance Security Interoperability 117

The Fintech Times

APRIL 17, 2024

The creators envision the UK RLN as a unified ‘innovation platform,’ integrating various currency forms like current commercial bank deposits and a shared ledger for tokenized commercial bank deposits. This strategic choice highlights their complementary methods in achieving interoperability as well as seamless integration.

Payment APIs and Integration 137

Payment APIs and Integration Blockchain Finance Digital Payments 137

Fintech News

APRIL 27, 2025

This new capital enables us to extend our Direct Global Network, including in the United States, drive technological innovation, from artificial intelligence to digital asset ecosystem interoperability, and deliver superior value to the members of our proprietary network. said Floris de Kort, CEO of Thunes.

Payment APIs and Integration 71

Payment APIs and Integration Cross-Border Payments Cross-Border Interoperability 71