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One key transition is integrating digital solutions into current platforms, which, while improving operational efficiency and customer experience, is typically a complex process requiring extensive technical expertise. For example, many merchants use legacyinfrastructure, which may not be compatible with the new payment system.
RT2: Renewed real-time gross settlement marks transformation for UK payment providers 9 June 2025 by Payments Intelligence LinkedIn Email X WhatsApp What is this article about? RT2, the UK’s new Real Time Gross Settlement service, and its transformative impact on the payments ecosystem. Why is it important?
PayPal has launched a new platform called PayPal World to simplify cross-border payments and digital wallet interoperability for both consumers and businesses. The platform is expected to go live later this year, starting with interoperability between PayPal, Venmo, and other participating networks from key markets.
The Payments Association (TPA)’s George Iddenden recently sat down with Peter Theunis, senior vice president sales and European managing director at BPC to discuss the remarkable transformation of the payments processing industry, driven by the rise of fintech, the shift towards digital payments, and evolving consumer behaviours.
Tokenisation is now a core enabler of secure, interoperable digital paymentspowering embedded finance, asset tokenisation, and evolving identity flows. Once a system for masking sensitive data, tokenisation has evolved into a foundational technology for enabling secure, interoperable, and scalable digital payments.
Legacy systems are increasingly unreliable, expensive to maintain, and resistant to modern payment innovations. Integration headaches: Open Banking, APIs, and AI-driven automation often require costly, unreliable workarounds. But as the financial landscape evolves, that mindset is in danger of proving very costly.
For companies looking to scale, Independent Software Vendors (ISV) are a crucial tool that provides specialized software solutions that integrate seamlessly with existing business tools. ISV integrations offer numerous advantages, from improved functionality to a superior customer experience. The Benefits of ISV Integrations 1.
As the global demand for faster, more affordable, and increasingly transparent cross-border payments intensifies, Project Nexus is emerging as a foundational initiative to meet the G20’s ambitious roadmap. Eli Shoshani Eli Shoshani is Head of APAC at Bottomline , a leader in global business payments with extensive expertise in the region.
EuroPA is an alliance of national digital payment champions – 𝗕𝗮𝗻𝗰𝗼𝗺𝗮𝘁(Italy), 𝗕𝗶𝘇𝘂𝗺 (Spain), 𝗠𝗕 𝗪𝗔𝗬 (Portugal), 𝗕𝗹𝗶𝗸 (Poland), 𝗜𝗥𝗜𝗦 (Greece), and 𝗩𝗶𝗽𝗽𝘀 𝗠𝗼𝗯𝗶𝗹𝗲𝗣𝗮𝘆 (Nordics). Wero enables instant, account-to-account (A2A) payments without relying on traditional card networks. WHY DOES THIS MATTER?
These banks introduced formal ledger-based accounting and cheque payments. Cheque System: The cheque emerged as a formal payment instrument, requiring physical movement and manual clearing processes. This was a significant step towards non-cash payments but was slow and prone to errors.
And if your customers don’t feel safe while making payments, they won’t return. In this guide, you’ll understand what digital payment security is and what these regulations mean, how they impact your payment operations, and what you need to do to meet them. PCI DSS stands for Payment Card Industry Data Security Standard.
Home Announcements Payments Cobre introduces real-time interbank B2B payments in Colombia External This content is provided by an external author without editing by Finextra. Cobre introduces real-time interbank B2B payments in Colombia The launch of Cobre Real-Time B2B Payments Colombia is a first for the country.
The partnership comes as the State Bank of Vietnam introduces new requirements for open APIs. Brankas brings its open finance infrastructure and security expertise, while Gimasys contributes deep local market knowledge and experience integrating core banking systems. ” Todd D.
Swift drives global interoperability and innovation, aligning with the UK’s National Payments Vision to enhance seamless, secure payments. The UKs payments landscape is at an inflexion point.
Unifying global fiat and stablecoin payments, stablecoin payments infrastructure provider BVNK has announced a new embedded wallet. They have existed in today’s market for some time but have had limited capabilities to manage stablecoin, crypto and fiat payments in one place. Embedded wallets are not a novelty.
The future of payments is digital, inclusive, and transformativedriving financial access, innovation, and global economic empowerment. As digital payment technologies evolve, they are revolutionising how transactions occur and breaking down barriers that have long excluded billions from the financial ecosystem.
In their place stands a more sophisticated and scalable payment conduit: the digital wallet. From biometric-enabled tap-and-go to invisible in-app payments, checkout time is collapsing—and conversion rates are rising. Speed Converts: Digital wallets eliminate physical and cognitive friction.
The payments outlook 2025: Strategic priorities from industry leaders May 2 2025 by Payments Intelligence LinkedIn Email X WhatsApp Whats the article about? The strategic priorities for the payments industry in 2025, as discussed by senior payments leaders who attended a Payments Labs roundtable.
Our goal was clear: overcome the fragmentation that plagued international merchants, who had to maintain different payment solutions for each country, leading to operational complexity and significant costs.
Completing online payments via manual card entry can be time-consuming and off-putting for customers. This article will cover everything you need to know about Click to Pay, including its history, how it works, and how you can implement the payment method in your business. Learn More What is Click to Pay?
From open banking to open finance and beyond: The future of financial data-sharing March 18 2025 by Payments Intelligence LinkedIn Email X WhatsApp What is this article about? Open finance is transforming financial services by enabling broader data-sharing, fostering competition, and driving innovation in payments and financial products.
This collaboration enhances the Borderless.xyz network by integrating Capas local payment rails, enabling seamless, faster, and more cost-efficient transactions for financial institutions, payments companies, fintechs, and corporates operating in Mexico.
Whether you are a B2B founder building a global marketplace, a CFO steering a SaaS scale-up, or a finance team tasked with managing complex payments, finding the best fintech tools is critical. This guide covers the top 100 fintech tools across key categories including banking APIs, billing, KYC/AML, FX, crypto tools, and open banking.
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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. billion payments Coda 2.5 billion payments, gamification Airwallex 5.5 billion insurtech Matrixport 1.05
Thanks to Way4s flexibility, Equity Bank Kenya was the first in the world to enable interoperability between the payment card network and a leading digital wallet ecosystem M-PESA. This can be an account opened in Way4 or in the integrated Core Banking System. Now we have more time and capacity to develop the payment business.
China’s Cross-border Interbank Payment System (CIPS) is rapidly emerging as a central artery in the internationalization of the Renminbi (RMB), offering a robust infrastructure for cross-border settlements and reshaping how global institutions engage with China’s markets. What Is CIPS and Why Does It Matter?
Rain provides backend infrastructure – APIs, compliance layers and settlement logic – that enables fintechs and wallets to build and launch stablecoin-linked card programs. As demand for real time, global payments grow, Rain is seeing strong momentum from partners looking to issue and use onchain cards and settle in stablecoins.
This logic, however, has been increasingly challenged, and the sector where this shift is advancing by leaps and bounds is digital payments. E-wallets perfectly illustrate this transformation because theyve become more than payment methods; theyve evolved into ecosystems developed to meet the specific demands and needs of local populations.
The significance of cross-border payments has never been greater. Yet, despite the rise of instant domestic payments, cross-border transactions remain slow, costly, and inefficient. Domestic instant payment systems (IPS), such as Malaysias DuitNow and Singapores PayNow, have revolutionised payments within their respective countries.
The agreement brings together OpenPayd’s API-based payment and banking services with Circle’s infrastructure for USDC, a dollar-denominated stablecoin issued by regulated affiliates of Circle. The primary goal of this partnership is to support cross-border transactions and digital asset operations for enterprise clients.
The platform risk paradox: Managing digital commerce fraud at scale 12 June 2025 by Payments Intelligence LinkedIn Email X WhatsApp What is this article about? A shift toward AI-driven, integrated fraud management systems aligned with tightening UK regulations. Why is it important? What’s next?
Payments company Thunes announced today it has raised US$150 million in its Series D funding round, the largest in the company’s history. The round was led by private equity firms Apis Partners and Vitruvian Partners. said Floris de Kort, CEO of Thunes.
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However, challenges remain, particularly regarding interoperability. To address this, stakeholders including NETS Group and Liquid Group are working on interoperable QR payment solutions that are designed to simplify processes for merchants, Chia said.
In a recent webinar, B2B payments service provider Bottomline brought together regional experts to discuss how banks in APAC can close the gap and compete more effectively. Why SaaS Matters Now: The Pressure to Modernise The adoption gap is especially significant given APAC’s leadership in payment innovation.
policymakers have sketched out the first federal framework for payment stablecoins. It classifies payment stablecoin issuers as regulated financial institutions, pulling them firmly under anti-money laundering and consumer protection rules. The GENIUS Act changes that virtually overnight. By passing this law, U.S.
From Disruption to Integration Circle, the issuer of USDC, has long positioned itself as the “compliant” stablecoin: fully reserved, dollar-backed, regulated in the U.S. Stablecoins are not just payment mechanisms. By becoming a public company, Circle has won trust from banks, payment processors, regulators, and asset managers.
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The advanced platform will empower Orange to rapidly scale its payment services while ensuring smooth integration within the broader ecosystem. With an open architecture and API-first approach, the platform enhances flexibility and interoperability.
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. It is offered by the payers PSPs to their users, both for domestic and cross-border payments in euro.
Payments regulation roadmap: Q3 2025 18 July 2025 by Payments Intelligence Introduction Regulatory developments continue apace in the payments industry, ushering in a period of intensified complexity and strategic significance. Tackling this with tactical fixes only deepens the challenge.
Founded in Edinburgh in 2018, BR-DGE is a payment orchestration provider on a mission for hyper-growth. The company enables enterprise merchants, financial institutions, platforms and payment providers access payment tools and products via a single integration.
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