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Innovation Interoperability Posting 
Open Banking Excellence
FEBRUARY 6, 2025
For more than a decade, the government has tried to build its own digital identity and trust services infrastructure, but we found this was inefficient and would limit innovation. Another challenge is interoperability. The post Armenia Advances Digital ID Scheme as Part of Open Data Vision appeared first on Open Banking Excellence.
230 
Fintech News
OCTOBER 28, 2024
This service also offers interoperability for real-time global money movement, making it easier for Thunes’ members to conduct transactions worldwide. Floris de Kort “This is a significant milestone for Thunes as we continue to expand the global reach of our Network and drive innovation in the global payments space.
127 
Fintech Review
AUGUST 27, 2024
However, one of the significant challenges it faces is interoperability between different blockchain networks. Cross-chain interoperability aims to address this issue, enabling seamless communication and transactions across various blockchain platforms. Interoperability is vital for several reasons.
105 
The Fintech Times
FEBRUARY 29, 2024
Ensuring this is possible on the XRP Ledger (XRPL), Ripple , the crypto solutions provider, has partnered with Axelar Foundation , the nonprofit decentralised interoperability network. The partnership with Axelar Foundation propels interoperability into the broader blockchain realm.
133 
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.
102 
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. The post Neonomics Acquires U.K. The transaction is fully approved by both the UK FCA and Norwegian FSA.
105 
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.
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.
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.
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.
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.
96 
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. The post Mashreq Becomes the First Bank in the UAE to Offer Aani Instant Payments for SMEs via Mashreq Biz App appeared first on FF News | Fintech Finance.
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?
117 
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.
101 
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.
90 
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.
109 
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.
117 
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.
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.
147 
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.
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.
107 
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.
113 
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.
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.
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. billion), Amber Group ( US$3 billion ), Coda Payments (US$2.5
113 
Fintech Finance
MARCH 30, 2025
EuroPA enables interoperability between Bancomat, Bizum and MB WAY, connecting more than 50 million users and 186 financial institutions from Italy, Portugal, Spain and Andorra. This initiative aims to strengthen the innovative and trusted European payment infrastructure.
The Fintech Times
JANUARY 14, 2025
Tom Voaden , VP commercial at BR-DGE, also added: “At BR-DGE, were really excited about this new partnership with TrueLayer, so we can further advance interoperability in the payments ecosystem with the addition of Pay by Bank. This year will see intense innovation and pricing competition, transforming how transactions are processed.”
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. The post BIS Introduces Project Aperta for Secure Cross-Border Data Sharing in Finance appeared first on Fintech Singapore.
117 
Fintech News
JULY 9, 2024
The company plans to continue rolling out innovative commerce products in partnership with Pine Labs. The company also collaborates with DBS Bank, Google Pay, United Overseas Bank, and Singtel Dash as part of its loyalty program to enable interoperable payments. Fave’s core offerings include Fave Pay, Fave Deals, and Fave eCards.
110 
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.
Fintech News
FEBRUARY 28, 2025
An important note is that while the BIS Innovation Hub played a key role in developing Nexus, it will not own or operate the Nexus Scheme Organisation. Instead, a single connection enables interoperability across all participating nations. List of cross-border linkages that have gone live in Southeast Asia.
Fintech Finance
MARCH 30, 2025
EuroPA enables interoperability between Bancomat, Bizum and MB WAY, connecting more than 50 million users and 186 financial institutions from Italy, Portugal, Spain and Andorra. This initiative aims to strengthen the innovative and trusted European payment infrastructure.
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.
122 
Fintech News
JUNE 12, 2024
The Bank for International Settlements (BIS) Innovation Hub ‘s Point Zero Forum 2023 roundtable brought together key stakeholders and leaders from both the public and private sectors to discuss opportunities and challenges in cross-border payments.
Fintech Finance
MARCH 1, 2024
Furthermore, it offers unparalleled flexibility, interoperability, and efficiency compared to legacy formats, positioning FIs for long-term success in an increasingly digital economy. By embracing ISO 20022, FIs can meet today’s demands and anticipate tomorrow’s needs, driving innovation and growth in the digital age.
144 
Fintech News
AUGUST 12, 2024
XDC Network has selected eight startups to join its first-ever accelerator programme, powered by Tenity , an innovation ecosystem specialising in early-stage fintech startups. Kerc A healthcare platform focused on seamless data interoperability to improve patient outcomes and reduce errors.
139 
The Fintech Times
FEBRUARY 19, 2025
By partnering with Standard Chartered, StraitsX aims to bolster its mission to enhance cross-border payments by bridging the stability and trust of traditional banking with the innovation of digital assets.
75 
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.
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. HashKey focuses on regulatory compliance, security, and innovation. bolttech Valuation: $2.1 BharatPe Valuation: $2.85
138 
Finovate
NOVEMBER 1, 2024
Speaking on behalf of DPI , Adefolarin Ogunsanya praised the company for its “combination of innovative technology, fast growth, and positive impact on the continent.” “This milestone validates the work we’ve put in for almost a decade,” the company noted in a post on its LinkedIn page.
Fintech News
JANUARY 15, 2024
Looking ahead, the Monetary Authority of Singapore (MAS) has introduced the SGQR+, an innovative concept aimed at revamping Singapore’s QR payments infrastructure for the future. Building upon SGQR, SGQR+ represents the next generation of interoperable payments for merchants.,
117 
Fintech News
SEPTEMBER 30, 2024
ANZ will collaborate with Chainlink Labs and ADDX, a Singapore-based private market exchange platform, to test the interoperability of these assets between different blockchains. Featured image credit: Edited from Freepik The post ANZ Becomes First Australian Bank to Join MAS-Led Project Guardian appeared first on Fintech Singapore.
109 
Fintech Finance
JUNE 17, 2024
The Eurosystem and London Centres of the BIS Innovation Hub, together with the Bank of England , have launched Project Meridian FX, to build on the findings of Project Meridian by focusing on foreign exchange (FX) transactions.
Fintech Finance
JANUARY 22, 2025
From payment processing to fraud monitoring, smart routing and hybrid tokenisation services, BR-DGEs payment orchestration pulls together all of these moving parts together to give travel platforms simplified integrations, more interoperability, speed to market, enhanced CX and new growth opportunities.
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