Fintech Finance

MAY 22, 2025

“CIMB’s payment transformation is a bold re-architecture of our core payments infrastructure to unify all payment flows. Malaysia’s Real-time Retail Payments Platform (RPP) was introduced by the national payments network and central infrastructure provider PayNet in collaboration with ACI.

ISO 20022

PYMNTS

SEPTEMBER 8, 2020

Roberto Campos Neto, president of Brazil’s central bank, said his country’s new digital currency will work in concert with its new instant-payments system. “To Brazil’s instant-payments system, dubbed “Pix,” is slated to a widespread rollout in November. Digital wallets that use QR codes will be interoperable with the system.

Digital Currency

Fintech Finance

OCTOBER 15, 2024

Developed by TRANSFOND, RoPay is an instant mobile payment initiation service that enables direct account-to-account transfers (A2A), utilizing technologies such as QR code scanning, deep links, NFC (contactless), or mobile numbers as proxies (aliases) for IBANs.

Instant Payments

Fintech Finance

JULY 10, 2024

It will enable interoperability among PayNet, RENTAS, and SWIFT using ISO 20022 standards. As the industry adopts ISO 20022 globally, this modernisation solution meets regulatory mandates, improves system resilience, and integrates future payment services. AFFIN will handle over 20% more transactions, supporting growth and scalability.

ISO 20022

Fintech News

DECEMBER 20, 2023

Developments include cross-border quick response (QR) payment linkages, connectivity between real-time national payment schemes, and the ongoing Singapore Response Code Scheme (SGQR+) project focusing on furthering QR code payment interoperability.

FinTech

Fintech Finance

FEBRUARY 6, 2024

Currently, domestic card transactions are routed through international payment gateways. . “The establishment of National Payment Switch (NPS) infrastructure and rollout of NEPALPAY card is expected to become a significant stride in Nepal to reform and consolidate the entire payment ecosystem.

Interoperability

Payments Source

OCTOBER 25, 2017

The industry has the opportunity to expedite gains in interoperability and realize significant cost savings and productivity gains for both the clinical and administrative sides of the industry, writes Chris Seib, chief technology officer and cofounder of InstaMed.

Interoperability

The Fintech Times

JULY 20, 2024

Alex Reddish, managing director of Tribe Payments Alex Reddish , managing director of Tribe Payments , discusses the impact this regulation could have in the future, and whether further action will be needed: “We are now in a period where we have seen large institutional payment rails fail more frequently than we have ever seen before.

Payments

PYMNTS

DECEMBER 30, 2019

The requests are going to be handled by the National Payments Corporation of India (NPCI). The tag will allow for the money to be deducted while the car is in motion, using radio frequency identification (RFID) technology.

Non-Bank

Fintech Finance

JULY 4, 2024

Open banking investment Fintech is the future of financial services and, by delivering the next phase of open banking and open finance, we can unlock the potential for increased competition in retail payments. This might involve creating a UK crypto hub, learning from the EU’s MiCA and other similar legislations around the world.

Scams

PYMNTS

JANUARY 24, 2019

“We also saw a 350 percent increase last year in customers sending live payments, and we’re beginning to see more customers flip the switch and leverage XRP for on-demand liquidity.”. In South Africa, First National Bank (FNB) said it has now enabled sole-proprietor businesses to conduct payments using a QR code via FNB’s banking app.

SWIFT

PYMNTS

MARCH 17, 2016

Payment and banking solutions technology provider ACI Worldwide said on Wednesday (March 16) that it is linking up with Verifone, which provides payments and commerce solutions, to deliver what the two firms said is a “comprehensive pan-European card payments platform” tailored to Auchan Group, which is among the biggest food retailers in Europe.

Cross-Border Payments

PYMNTS

SEPTEMBER 17, 2019

However, as Phalen noted, Visa’s Global Business Solutions can take advantage of Visa’s card expertise, to truly address both buyers’ and suppliers’ payments needs, solutions cannot force one technology or one rail on a user. Payment Rails Converging.

B2B

PYMNTS

APRIL 14, 2017

Technology underpins everything these days. Ever more so this is the case with payments and specifically the conduits that get payments from party A to party B. Mastercard’s Malhotra said that as the card networks work, “we actually make these payments process within the blink of an eye.”

ACH Network

Fintech News

MAY 8, 2024

As digital technologies continue to transform the financial landscape, central banks worldwide are exploring the potential of Central Bank Digital Currencies (CBDCs). Transactions tested included retail transfers among individuals and retail payments with merchants for purchasing goods and services.

CBDC

Clearly Payments

JANUARY 8, 2025

Market Overview of Crypto and Credit Cards The global payments industry has evolved at a fast pace and credit cards and cryptocurrencies are two of the major players vying for top positions. This includes both traditional credit cards and co-branded cards offered by airlines, retail stores, and technology companies.

Credit Cards

The Payments Association

JANUARY 14, 2025

. “The criminals are investing heavily in exploiting our vulnerabilities,” Mark McMurtrie (The Payments Association) said, referencing the surge in cybercrime that parallels technological advancements. As the section concluded, a consensus emerged around the importance of interoperability in fraud prevention systems.

Fraud Prevention