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Southeast Asia is on the brink of a rapid expansion in open banking, with financial institutions leveraging open banking to enhance customer experiences, and fintech companies utilizing application programming interfaces (APIs) to revolutionising payments, lending, and more.
helping to shape a more inclusive, efficient, and secure framework as the market evolves. has made significant strides in the voluntary adoption of APIs for data sharing. With over 76 million consumer accounts now using its APIs, the standards body Financial Data Exchange (FDX) has achieved the largest customer adoption globally.
As global finance becomes increasingly digitized, the infrastructure supporting cross-border financial services — payments, settlements, identification, compliance — has been largely constructed with the explicit aim of exclusion, rather than inclusion. Legalframeworks are not bypassed; they are internalized into the architecture itself.
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.
The regulatory landscape for fintechs and financial services companies operating in the European Union is expected to undergo significant changes this year, with new standards, guidelines, and rules governing payments, data privacy, digital assets, and more. One early issue will be compliance with the Instant Payments Regulation (IPR).
When you are running a google search or your phone is automatically correcting your typing, that is an example of AI already fully integrated in our lives. Sure—you should look for ways to integrate AI tools into your Fintech business—but you should not blindly rely on them. Second, you need to use AI prudently.
When digitally signed, their authenticity and integrity can be verified without manual intervention. Whether embedded in enterprise systems (such as ERP, HR, and CRM) or integrated via suitable protocols, these agents make credential use seamless for businesses. This framework underpins real, verifiable trust.
Regulators around the world are actively scrutinizing how tokenised stocks fit into laws – investor protections, market integrity, etc. Because tokenised stocks live on programmable platforms, they can be integrated into other financial applications. stocks to customers outside the U.S., because U.S.
Steady digitization in stale B2B payments and the open banking movement are two closely related and increasingly exuberant expressions of money’s digital makeover. Impacts expected from open banking on the laggard B2B payments space are hard to understate. And as for all the press they get, APIs have an awareness problem to overcome.
The guide provides a practical toolkit for the industry, leveraging expert opinions from various stakeholders to explore the role of banks in digitalization initiatives, legalframeworks, international standards and innovative technologies.
Digital Payments in Latin America and the Caribbean (LATAC) The worldwide digital payments landscape has witnessed a remarkable transformation, with the percentage of adults making digital transactions increasing from 26% to 51% between 2014 and 2021. In 2023, the Fintech landscape experienced notable growth.
No matter how disruptive a fintech platform is, it must operate within legalframeworks that are evolving rapidly. Peer-to-peer lending platforms, payment apps, and crypto exchanges often launched with minimal oversight. It is no longer enough to innovate.
The consequences are devastating: money laundering threatens the integrity of the financial system, distorts competition, and strengthens criminal networks. How the EU is reshaping its legalframework The European Union has begun a fundamental overhaul of its legalframework to combat money laundering and terrorist financing.
Mexican digital payments and commerce enablement platform Clip announced a major investment this week. The company, which offers a suite of payments and other financial services solutions to small and medium-sized businesses in Mexico, has raised $100 million in new funding. .”
While their goals align, their approaches and legalframeworks differ. This long-read delves into the key distinctions between regulations in France and the UK and the implications for merchants and payment service providers. Regulatory Frameworks In the United Kingdom, the Online Safety Act passed into law on 26 October 2023.
Regular attestations and audits are essential to ensure the transparency and integrity of these reserves, building trust among users. With this market capitalization size and a growing presence in cross-border payments, corporate treasury operations, and emerging market finance, stablecoins are fast becoming a relevant tool in global finance.
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