The Payments Association

JUNE 3, 2025

With 44% of UK adults facing financial vulnerability, a national strategy seeks to close the gap through policy, innovation, and education. Cloud notes that Digital exclusion stems from several factors, often driven by verification systems that fail to accommodate the diversity of human experiences.

Financial Inclusion

Fintech Finance

DECEMBER 11, 2024

With a proven track record in transforming financial data collection across different sectors, Armalytix has developed a sophisticated platform that streamlines Source of Funds (SoF) verification, addressing long-standing challenges in legal financial processing. The partnership goes beyond simply gathering basic financial information.

Laws

Finextra

AUGUST 7, 2025

This piece breaks down essential innovations in financial technology that help business owners streamline operations, drawing on practical examples from SME finance apps. These innovations prioritise security and efficiency, making them indispensable for entrepreneurs focused on growth in competitive markets.

Small Business

Fintech News

NOVEMBER 12, 2024

Users must complete Know Your Customer (KYC) verification to ensure security and compliance. Mukaya Tai Panich “At SCB 10X, we believe that participating in BOT & SEC regulatory sandbox will be a significant move for financial innovation to global financial inclusion as well as the Thai digital asset ecosystem.

Stablecoins

Finovate

JULY 14, 2025

Signicat has acquired Dutch identity verification provider Inverid for an undisclosed amount. NFC-based document verification is one of the most accurate and tamper-resistant ways to validate identity documents. Signicat offers national eID and biometric verification, ID document scanning, data verification AML/KYC checks, and more.

Verification

The Payments Association

MARCH 19, 2025

Today, they facilitate everything from identity verification to peer-to-peer transactions, quietly redefining the banking experience and making traditional financial institutions play catch-up. Adopt multi-factor authentication (MFA) and biometric verification to reduce fraud risks.

Digital Payments

NFCW

JUNE 20, 2025

” In China, consumers will be able to make a payment with their Rokid smart glasses by first linking their Alipay account via the Rokid app and enabling voice verification. . “The new feature expands use case scenarios for the AR glasses industry leader, and creates new growth avenues for e-wallets and merchants.”

Payments

The Fintech Times

DECEMBER 10, 2024

Andrei Scutari, open banking head of sales, Salt Edge Andrei Scutari , open banking head of sales, Salt Edge commented: “Open banking revolves around data sharing, innovation, and seamless collaboration. This partnership is a significant milestone in our mission to make Open Banking accessible to financial institutions worldwide.”

Third-Party Service Provider

Finovate

JANUARY 22, 2025

Customer verification specialist Sikoia announced a strategic partnership with Tandem Bank. The partnership will enable the digital bank to automate key parts of its income verification and document handling processes for mortgage brokers. Founded in 2021, Sikoia made its Finovate debut last year at FinovateEurope 2024.

Verification

The Payments Association

DECEMBER 9, 2024

It underscores the need for payment firms to balance AI innovation with robust privacy and regulatory compliance to protect sensitive consumer data. Sweeney says: Payment systems must facilitate near-instant payments, which leaves little time for traditional analysis or verification. Why is it important? What’s next?

Privacy

Fintech News

JULY 31, 2025

While traditional payment systems have historically struggled with inefficiencies such as high costs and slow processing times, addressing these challenges presents tremendous opportunities for innovation, expanding financial inclusion, and making cross-border transactions faster, more secure, and more accessible.

Cross-Border Payments

Fintech Review

APRIL 20, 2025

In the financial sector, it includes fraud detection, threat intelligence, data encryption, biometric verification, and risk monitoring. It also enables faster, safer innovation. This levels the playing field and supports innovation. Without strong cybersecurity, there can be no growth, no innovation, and no customer loyalty.

Finance

Fintech Finance

MARCH 4, 2025

This innovation accelerates development cycles, reduces engineering effort, and enhances integration qualitymaking embedded payments and financial automation more accessible than ever. This isnt just about convenience; its about fundamentally accelerating financial innovation.

API

The Payments Association

JANUARY 21, 2025

With in-depth data covering global market penetration, transaction values, and consumer preferences, the insights presented here will empower decision-makers to refine their strategies, enhance operational efficiency, and capitalise on the growing demand for innovative payment solutions.

Payments Trends

Fintech Finance

NOVEMBER 25, 2024

These innovations will offer consumers more secure and seamless payment options, providing greater flexibility when making online purchases. These transactions are initiated through existing bank authentication processes, including biometric verification, making the payment process both straightforward and efficient. “At

Visa

Fintech Finance

FEBRUARY 6, 2025

ACI Worldwide (NASDAQ:ACIW), an original innovator in global payments technology, has announced the extension of its fintech partnership ecosystem through an alliance with Banfico , a leading fintech specializing in regulatory technology, global account verification and Open Banking solutions. Additionally, Banfico is a Pay.UK-certified

Payment Service Provider (PSP)

The Payments Association

JULY 23, 2025

Onboarding, when done right, becomes a catalyst for innovation and growth—not just a technical necessity. The current state of network partner and wallet integration varies by region, industry, and regulatory environment. The future of partner onboarding lies in automation-first, compliance-aligned, and API-driven architectures.

ISO 20022

Fintech Finance

APRIL 10, 2025

A new income tax survey from ACI Worldwide (NASDAQ: ACIW), an original innovator in global payments technology, developed in partnership with YouGov , shows that nearly 40% of taxpayers would use their tax refund to pay debt (e.g., credit cards, loans, etc.),

Tax Refunds

The Fintech Times

APRIL 11, 2025

By partnering with Google Cloud, Lloyds is aiming to transform customer and colleague experience and unlock opportunities to innovate, enhancing its ability to provide personalised financial services. This includes an algorithm which reduces the income verification step in its customers’ mortgage applications from days to seconds.

AI

The Payments Association

FEBRUARY 10, 2025

While vIBANs offer innovation in payment systems, they introduce risks like money laundering due to insufficient oversight. Strengthening KYC procedures is critical, ensuring that verification extends beyond master account holders to individual vIBAN end users. Why is it important? What’s next?

IBAN

Fintech News

JANUARY 26, 2025

This trend is driven by a combination of regional cooperation, corporate innovation, and technological advancements, setting the stage for a more interconnected and efficient financial ecosystem in the region. This trend is fostering innovation and competition in the financial services sector.

Payments Trends

Fintech Finance

MAY 28, 2025

By integrating iPiD’s solution, Emirates NBD strengthens its fraud prevention strategy while laying the groundwork for scalable payee verification across global markets. This collaboration underscores Emirates NBD’s leadership in embracing innovative and advanced technologies to offer a safer banking experience.

Payee

Fintech Finance

FEBRUARY 5, 2025

It also enables centavo deposit verification, ensuring player accounts are active and valid for transactions. By automating validation and verification, we eliminate the need for manual intervention, allowing betting operators to focus on innovation and growth.”

Regulations

Finextra

JULY 8, 2025

A global leader in verification and anti-fraud Sumsub has been selected by France-based fintech platform Next Generation NGPES to provide advanced fraud protection, identity verification and AML regulation compliance as it launches an innovative payment ecosystem, including an EUR-backed stablecoin.

Compliance

Finovate

AUGUST 11, 2025

Identity verification provider Telesign, a Proximus Global company, has teamed up with SaaS-based secure payments provider PCI Pal. This score can be used to determine whether or not the transaction should be allowed to go through, blocked, or flagged for further review and additional verification.

Fraud Prevention

Clearly Payments

DECEMBER 11, 2024

These methods leverage digital wallets, mobile payments, bank transfers, and other innovative technologies to deliver more flexible options for consumers. Enhanced Security : Many APMs offer built-in security, such as two-factor authentication or biometric verification, providing customers with confidence in the safety of their transactions.

Alternative Payment Methods

Finextra

JULY 27, 2025

Plaid matters because it has essentially become the fabric of fintech connectivity , allowing innovative services to flourish on top of legacy banking infrastructure. and beyond. The Auth product allows apps to instantly authenticate a user’s bank account and retrieve the account and routing numbers needed for ACH transfers.

Product

Finovate

JANUARY 10, 2025

.” Experian acquires debt consolidation technology from Paylink To help millions of consumers better manage their debts, international data and technology company Experian announced this week that it will acquire ReFi , the debt consolidation innovation from Paylink Solutions. million repeat purchases.

Innovation

Fintech Finance

JUNE 8, 2025

Smartphones have become one of the most trusted tools for identity verification today, used instinctively and seamlessly to confirm purchases, access medical records, even unlock homes with just a fingerprint or a glance. Yet when it comes to accessing financial services, phones are rarely included.

Online and Mobile Banking

Fintech Finance

AUGUST 11, 2025

As part of this deepening collaboration, iPiD is also leveraging Nium’s Verify technology to enhance its own validation capabilities, marking a mutual partnership between two of  Singapore’s  most prominent fintech innovators.

Fraud Prevention

Finextra

JUNE 26, 2025

Understanding PSD2 in simple terms PSD2 drives innovation. Why PSDS2 is important for banks PSD2 drives innovation. It also demands stronger verification steps before approving transactions. More innovation. PSD2: Enabling secure and open payments PSD2 is changing how you offer payment services. You reduce fraud.

PCI DSS

Fintech News

JANUARY 20, 2025

Singapore embraces digital currencies, combining cutting-edge innovation with solid regulations to ensure a safe trading environment. This involves submitting identification documents, such as your NRIC or passport, for verification. Thinking about diving into the world of cryptocurrency in Singapore? Youre in the right place.

Cryptocurrency

The Fintech Times

JULY 16, 2025

Signicat , the pan-European digital identity platform, is set to acquire Inverid , a Dutch NFC-based digital identity verification solution provider, for an undisclosed sum. By leveraging ReadID, a flagship NFC-based identity document verification solution created by Inverid, Signicat bolster its existing offering. “By

Verification

The Payments Association

JULY 15, 2025

Coupled with a culture of innovation and trust, this drives effective, customer-centred fraud prevention." Embedding Trusted AI and continuous ID verification is critical to counter synthetic media threats. These ensure data is accurate, accessible and actionable, enabling real-time insights.

Financial Crimes

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

NFCW

JANUARY 31, 2025

BIOMETRICS: Life Card is to start issuing payment cards with fingerprint verification Japanese credit card issuer Life Card is to begin issuing cards containing a built-in fingerprint verification sensor this year, in a move that marks the first commercial launch of biometric payment cards in Japan.

Card Issuer

The Fintech Times

JANUARY 28, 2025

Traditionally, fintechs are known for their agility, innovation and ability to disrupt traditional financial systems. “Fintechs are defined by our innovation, our ability to move more quickly and take bolder, braver actions in ways that traditional financial institutions cant. Regulation can kill innovation.

Service Provider