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Why staying put is no longer the safe option for payments innovation

The Payments Association

Legacy systems are increasingly unreliable, expensive to maintain, and resistant to modern payment innovations. Security & compliance risks: Meeting growing AML, fraud prevention, and regulatory demands is difficult with rigid, outdated infrastructure. This can be on-prem, or hosted in any private or public cloud.

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Going on a Joint Venture: SCBHK, Animoca Brands and HKT Go on a Stablecoin Journey in Hong Kong

The Fintech Times

The JV has the potential to accelerate stablecoins in the region as, individually, SCBHK, Animoca Brands, and HKT are all innovators in the payments and web3 space. “We are introducing solutions and instruments that service this market and meet the growing client demand.

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Need to Know | The Payment Partner of the Future: Balancing Customer Value and Business Growth

Stax

The world of payments is constantly evolving, with new technologies and shifting business demands reshaping how money moves. In an interview with Karen Webster , CEO of PYMNTS , Paulette Rowe , CEO of Stax, pulled back the curtain on the critical strategies and innovations driving the next wave of payment partnerships.

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Visa Direct to Make Funds Available in U.S. Cardholders’ Bank Accounts in One Minute or Less

Fintech Finance

Today, Visa Direct processes billions of real-time transactions in the US, across 50+ use cases, making it a preferred choice for consumers when receiving money from businesses or moving money between their accounts. Visas initiative sets an exemplary model for financial institutions to meet the demands for speed and efficiency.

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Worldline Launches FlexPricing, Empowering Software Vendors to Maximize Revenue Streams

Fintech Finance

Worldline [Euronext: WLN], a global leader in payment services, is proud to announce the launch of FlexPricing, a first-of-its-kind feature designed specifically for Independent Software Vendors (ISVs) to earn revenue in innovative and simple ways. Simplified Billing: Worldline can take on billing responsibilities for their partners.

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IBM Pulls the Curtain on New Innovations, Supporting Generative AI Use Cases in Financial Services

The Fintech Times

With many generative AI projects leveraging LLMs moving from proof-of-concept to production, the demands for power-efficient, secured and scalable solutions have emerged as key priorities. It expects the new processor to help enterprise compute solutions for LLMs, servicing the industry’s complex transaction needs.

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Mastercard Collaborates With Jeel to Drive Payment Modernization in Saudi Arabia

Fintech Finance

Mastercard and Jeel a subsidiary of Riyad Bank are joining forces to enable digital and cutting-edge solutions such as AI to drive innovation in Saudi Arabia. This will provide seamless access to new digital use cases, such as Mastercard Card-as-a-Service (CaaS) and Bank-as-a-Fintech (BaaF) propositions to Saudi Arabia.

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