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As a Project Guardian participant, Ant International also leveraged its blockchain-based Whale platform to develop a global treasury management usecase for real-time multi-currency clearing and settlement. Since 2019, Ant International has used tokenised deposits to streamline wholesale payments and treasury activities.
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.
The PoC represents the Immediate State phase of Project Garuda, an initiative designed to explore the application of distributed ledger technology (DLT) in creating a secure and efficient wholesale digital currency system. Smart contracts automated key processes, minimised human intervention, and enhanced transaction security.
The results reflect growing adoption of the FedNow Service and RTP Network and an expanding array of usecases in both consumer and business contexts. However, challenges such as interoperability and fraud must be addressed to fully unlock the potential of faster payments.
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. In fact, according to ONS data, over 1.2
Specifications “enhance UWBs capabilities, enabling seamless interoperability and unlocking new possibilities for precise and secure ranging and positioning in diverse applications,” the standards organisation says. The updated Core 3.0
In doing so, they risk missing the core innovation that digital money promises: the ability to transfer value directly, securely, and potentially without the need for intermediaries. Beyond technical proof points, these initiatives underscore the need for global interoperability.
Product portfolios must reflect consumer trust and risk perception The report confirms that security is the primary factor influencing how people choose to pay for high-value items, particularly among women and older consumers. Use behavioural analytics, real-time alerts, and merchant education. The bottom line? Build with insight.
Banks clinging to outdated systems risk security breaches, regulatory headaches, and lost market sharemodernisation isnt just an upgrade, its a survival strategy. Security & compliance risks: Meeting growing AML, fraud prevention, and regulatory demands is difficult with rigid, outdated infrastructure.
This increased digital dependency has raised the need for secure access and quick and easy identity verification online. Still, they also expose new data privacy and security challenges due to the increasingly complex threat landscape. Security does allow passengers to opt out of any biometric identification.
Users can expect the same confidence and security as they have currently. 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.
Swift drives global interoperability and innovation, aligning with the UK’s National Payments Vision to enhance seamless, secure payments. This is an example of how the scale of the Swift network can be leveraged to interoperate market infrastructures to enhance the user experience.
But the real story is in the infrastructure behind it: licensing, interoperability and a deep commitment to making cross-border payments work for everyone – not just the biggest players. This purpose is rooted in facilitating inclusion and interoperability. TerraPay now connects over 155 countries and 3.7
What practical usecases and insights emerged from the ASEAN-5 implementation phase of Project Nexus? Ricky Lim : The most immediate usecases are person-to-person transfers and SME payments. We also provide the compliance, data, and security frameworks that are needed for cross-border activities.
Users can expect the same confidence and security as they have currently. 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.
These innovations are redefining how payments are processed and driving efficiency, enhancing security, and creating personalised customer experiences. Businesses increasingly leveraged BNPL services to improve cash flow flexibility, while AI played a crucial role in enhancing fraud prevention and transactional security.
The new stablecoin will be made available at no additional cost to clients, giving them access to a new, interoperable digital asset service to integrate into their banking and payment flows. Along with today’s announcement, the company also said that it is evaluating the use of tokenized deposits as an alternative to stablecoins.
The payment system was introduced in 2019 by the major card schemes, including Visa, American Express, Mastercard, and Discover in response to the demand for a more standardized, frictionless, and secure online payments regime. It is also built to be super secure.
Through this collaboration, Paycode and Algorand will explore integrating public blockchain technology to strengthen digital identity systems, improve transparency, and unlock new models for delivering secure, inclusive payments at scale. “Paycode is already reaching some of the most difficult places to serve. .”
Interoperability across multiple domestic and international card schemes without cobadging constraints. The standards are used in diverse environments, from traditional POS to SoftPOS and e-commerce acceptance. Initiatives are also exploring Instant Payment usecases based on nexo frameworks. no mandatory cobadging).
SBI Remit (Japan) SBI Remit remittance process illustration, Source: SBI Remit Founded in 2010, SBI Remit is a Japan-based financial services company specializing in international money transfers, offering fast, secure, and low-cost remittance solutions.
.” “As we stand on the brink of a digital payments revolution, UDPN’s collaboration with FORUS Digital will play a crucial role in shaping a future where financial services are accessible, efficient, and secure for all Africans. This partnership is a testament to our belief that technology can be a powerful tool for development.
In essence, it provides the rails and rules that allow money to move securely between parties worldwide. Mastercard has deliberately evolved “beyond the card” to support a much wider range of payment types and usecases. We use cookies to help us to deliver our services. Please read our Privacy Policy.
The Role of Standards: ISO 20022 and the Power of Interoperability Javeri described ISO 20022 as “not new, but the foundation” for future-ready payments. It enables interoperability and opens the door to building next-layer capabilities,” he said. And in a competitive landscape, that can be just as dangerous.”
The trials have explored usecases ranging from foreign exchange (FX) to debt capital markets, providing valuable insights into the practical implementation and challenges of tokenisation. GL1 is not merely a technological endeavour; it also addresses the crucial aspects of governance, risk management, and compliance.
They will need to co-exist with existing clearing and settlement processes and infrastructures, and this means interoperability is crucial. The DLT network provides a highly secure and reliable platform for the exchange of the digital currency as part of clearing and settlement. The transfer volume of stablecoins hit highs of $717.1
Strategic opportunities While the evolving regulatory landscape for digital assets poses significant challenges, it also opens up several strategic opportunities for PSPs to differentiate themselves, enhance their offerings, and secure a competitive edge in a growing market.
As more jurisdictions refine regulations and expand open finance frameworks, the focus will shift to interoperability, consumer trust, and cross-industry data integration. But these opportunities are accompanied by mounting risks around data governance, security, and regulatory fragmentation. What’s next?
To address this, Deloitte is working with Google Cloud and ServiceNow to advance Agent2Agent (A2A) Google Cloud’s new open standard for agent interoperability, which enables successful communication between agents across platforms and services.
CPN enables financial institutions to securely exchange payment instructions and settle transactions using USDC on public blockchains. As more institutions integrate with CPN, we look forward to powering new usecases, and advancingthisnew standard for global value exchange.” “We are just getting started.
In light of this, this May we are looking to spotlight blockchains usecases and where the tech is going next. Accessibility problem Mike Sparshott, fintech specialist at servers.com AI has a simple usecase that many users understand: it automatically generates things.
Importantly, it also spells out what stablecoins are not : under this framework they’re explicitly not securities or commodities. The GENIUS Act’s impact on embedded finance is that it makes all these usecases far more feasible at scale. One big technical underpinning is interoperability.
KNET utilized ACI’s Digital Central Infrastructure solution to build the central payment infrastructure of WAMD, an interoperable, countrywide scheme that enables account-to-account (A2A) payment transfers via a bank’s mobile app or internet banking service by using a phone number.
Critically, firms operating under Money Laundering Regulations (MLRs) must now secure Part 4A FSMA authorisation to continue operating legally once the transitional period ends. Monitor potential regulatory expansion of stablecoins into the payment services perimeter, especially in cross-border or B2B usecases.
Mastercard already allows for some purchases using stablecoins, but it’s also aiming to expand those usecases, partly by partnering with other companies operating in that arena. Mizuho Securities analyst Dan Dolev also outlined network strengths, but suggested there are weaknesses to exploit.
Weavr A plug-and-play embedded finance platform designed for non-financial companies, with ready-made usecase templates. Fireblocks An enterprise-grade digital asset custody, transfer, and treasury management platform with a focus on security and scalability. Best for : Institutions needing secure access to DeFi and NFTs.
A wider range of Layer 2 solutions, including ZK-rollups, optimistic rollups, and state channels, may emerge and offer unique advantages that cater to different usecases. We can expect interoperability between two or more networks, which may expand the ecosystem and increase the liquidity of involved networks.
In a related announcement , Fiserv and PayPal Holdings said they’ll partner “to build future interoperability” so consumers can move funds with the FIUSD coin on PayPal. The partnership aims to “expand the use of stablecoins and programmable payments around the globe,” the companies said.
” Numeral’s solution arrives as Europe searches for ways to fight payment fraud especially authorized push payment (APP) fraud and enhance payment security at a time when instant payments are becoming increasingly popular and available.
In my role, I lead the company’s vision and innovation strategy, with a strong focus on automation, product development, and security. Usecases go beyond chatbots — we’re talking about AI co-pilots that assist human analysts, generate insights from unstructured financial data, and even handle routine compliance tasks autonomously.
The payments landscape in the region is rapidly developing, driven by API-driven innovation that optimises interoperability and embeds international payments into financial services.
In this comprehensive look, well explore the proliferation of tokenised stocks, their usecases and benefits, and clear up some common misconceptions. Buying a stock in token form doesn’t mean securities laws vanish. The bottom line: a tokenised stock is still a security, just delivered in blockchain form. because U.S.
6 Klippa Real-time data extraction with a focus on security and GDPR compliance. Secure storage: Organizes documents in folders with unlimited storage for easy access. Role management: Assigns user roles to control access and ensure data security. Robust security measures: Ensures data protection and compliance.
Ensuring this is possible on the XRP Ledger (XRPL), Ripple , the crypto solutions provider, has partnered with Axelar Foundation , the nonprofit decentralised interoperability network. This capability ensures the secure, cross-chain exchange of a wide array of payloads, including both data and function calls, via Axelar’s GMP.
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