Fintech News

OCTOBER 27, 2024

Entities and Types of Scams Covered Under the Shared Responsibility Framework The SRF applies to all full banks, major payment service providers (PSPs), and telcos with major roles in safeguarding consumers’ financial and communication activities. Telcos’ Duties Telcos play a key role in securing SMS channels used in digital banking.

Phishing

Open Banking Excellence

JULY 2, 2025

has taken an entirely market-led approach until now, other countries have been driven by regulatory mandates that have shaped their respective Open Banking ecosystems, such as in the UK, the European Union, Australia and Brazil. While the U.S. Take the UK, for example. That hasn’t really happened.

Regulations

Finovate

JUNE 23, 2025

Fiserv is leveraging Paxos, Circle, and Solana to launch FIUSD , a new stablecoin integrated into its global banking and payments infrastructure. FIUSD is designed for traditional banks and offers a compliant, SDK-based solution that maintains control over the customer experience while enabling 24/7 settlement and programmable payments.

Stablecoins

The Payments Association

DECEMBER 18, 2024

Payment technology and innovation are accelerating across the fintech industry, with more companies recognising the importance of adapting to changing customer needs, with non-cash transactions projected to hit 2.3 Reserve banks mandating reduced cash use will enhance security and economic participation.

Cross-Border

Fintech Finance

MARCH 30, 2025

From today, the banks that are part of the local solutions will start to adhere to the interconnection gradually. It is expected that all participant banks, from Italy, Portugal, Spain and Andorra, will be connected by June. Users can expect the same confidence and security as they have currently.

Instant Payments

Fintech Finance

MARCH 30, 2025

From today, the banks that are part of the local solutions will start to adhere to the interconnection gradually. It is expected that all participant banks, from Italy, Portugal, Spain and Andorra, will be connected by June. Users can expect the same confidence and security as they have currently.

Instant Payments

Fintech News

JUNE 25, 2025

The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) have announced the incorporation of a new entity, Singapore Payments Network (SPaN), to oversee the administration and governance of the country’s national payment schemes. SPaN has been set up as a not-for-profit company limited by guarantee.

Cross-Border Payments

The Fintech Times

JULY 9, 2025

Singapore’s fintech sector is calling for fairer access to banking APIs, after a new report by Fintech Nation, a non-profit industry body promoting collaboration across the fintech ecosystem, found that 85 per cent of SME-focused fintechs face limited or delayed API access from banks.

API

The Fintech Times

NOVEMBER 6, 2024

It revealed that it will first roll out the service in Singapore, where Visa cardholders from participating banks, including DBS , OCBC , and UOB , will be part of the pilot programme. As expected, innovations and announcements were rife throughout, here’s a roundup of all the news coming out of the global event.

Product

The Payments Association

MARCH 18, 2025

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? The evolution of open banking into open finance, examining regional regulatory approaches and adoption trends. Why is it important?

Finance

The Fintech Times

NOVEMBER 18, 2024

Buna enables financial institutions and central banks in the Arab region and beyond to send and receive payments in local and key international currencies in a secure, cost-effective and transparent environment. How does this partnership help Mastercard scheme participants work within the heavily fragmented MENA region?

Cross-Border Payments

EBizCharge

DECEMBER 3, 2024

Settlement occurs after a sale has been authorized and captured, ensuring the payment moves from the customer’s bank account to the merchant’s account. The payment settlement process involves various intermediaries, including the card issuer, the acquiring bank, and the payment processor.

Credit Cards

Fintech Finance

JUNE 26, 2025

The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) today jointly announced the incorporation of Singapore Payments Network (SPaN), which will administer and govern Singapore’s national payment schemes [1].

Payment Networks

Fintech Finance

JUNE 9, 2025

Meanwhile, Open Banking methods are rapidly gaining traction – CapitecPay transactions alone grew by 104% year-on-year. PayU GPO’s A2A payment solution allows consumers in Nigeria to pay merchants directly from their bank accounts without the need for a card. Merchants, in turn, need solutions that meet customers where they are.”

PCI DSS

Fintech News

AUGUST 8, 2025

From the outset, MAS was designed not merely as a financial watchdog but as an active participant in economic planning. Digital Banks for a Digitally-Literate Generation In 2019, MAS opened the door to new digital banks , marking a significant shift in Singapore’s banking landscape. billion), bolttech (USD $2.1

FinTech

Payments Dive

JULY 25, 2025

Deep Dive Opinion Library Events Press Releases Topics Sign up Search Sign up Search Retail Banking Restaurants Regulations & Policy Risk Technology B2B An article from Q&A How to build a B2B payments behemoth No single company dominates U.S. And I think that that would actually probably not work for the other banks.

B2B

The Payments Association

JULY 15, 2025

Geographically, the research spans six continents, with robust representation from the UK’s financial centres (London, Edinburgh, Manchester) and meaningful participation from the United States (4%), Ireland (2.7%), and major European markets including Germany, Netherlands, and France.

Financial Crimes

Fintech News

DECEMBER 4, 2024

In simple, layman’s terms, embedded finance is when financial services – like payments, loans, or insurance – are integrated directly into non-financial platforms. Open banking and APIs will continue to drive innovation, enabling even more seamless integration of financial services. Financial inclusion will remain a key focus.

Embedded Finance

The Fintech Times

APRIL 10, 2025

Latvia-based BluOr Bank has selected Nets , part of the European paytech, Nexi Group , to leverage its payment card issuing services, offering an enhanced customer banking experience tobusiness and entrepreneurs in the Baltic region. This collaboration aims to enhance how businesses manage their expenses.

FinTech

Finovate

MARCH 7, 2025

As a proliferation of payment options promises to streamline banking and commerce, regulators, fintechs, and financial services companies are looking for ways to make sure that the challenges to these new payment optionsfrom technical complexity to new forms of fraud and financial crimeare met. And then trust.

Payments

The Fintech Times

JULY 14, 2025

The horse in front Just like the vast natural grassland of the Kazakh Steppe, which lies in contrast to the modern cities of Astana and Almaty, so is the traditional banking landscape (dominated by three large banking groups) contrasted by a fast-moving digital leader – Kaspi.kz (Kaspi). However, this was not the case for Kaspi.

Payment APIs and Integration

Finovate

JULY 11, 2025

As a digital wallet, the brand will enable users to load funds instantly, make online transactions, receive payouts from participating merchants, transfer funds to others, and more. German online bank N26 announced plans to offer stock trading to customers in Austria and Germany. billion by 2030.

Innovation

Stax

MARCH 4, 2025

The issuing bank verifies whether the customer has enough funds in their account to complete the transaction. Once approved, the information is sent to the merchants bank account, where the funds are deposited. If necessary, you need to apply for a merchant account through a bank or payment processor.

Credit Cards

The Fintech Times

AUGUST 8, 2025

Industry hires Mark Trenavin-Body has become a non-executive board director of the social lender Fair for You. Its clients include Bank of America, BNY, Citi, ING, Marex, Neptune Networks, Octaura and StoneX. Global fintech platform Pine Labs has introduced Sameer Kamath as its next chief financial officer.

FinTech

The Payments Association

JUNE 16, 2025

This disparity created a postcode lottery for victims, depending largely on where they banked. While the PSR frames the policy as engaging “the entire payment ecosystem,” the practical burden of reimbursement continues to fall disproportionately on banks and PSPs.

Scams

The Fintech Times

JANUARY 11, 2025

The Consumer Financial Protection Bureau (CFPB) has approved the Financial Data Exchange (FDX) as the first standard-setting body in an important step towards implementing open banking in the US. These standards can help companies to comply with the CFPB’s new open banking rules.

CFPB

The Fintech Times

MARCH 3, 2025

The Customer Experience Guarantee, which goes into effect on March 1, 2025, includes specific, measurable service commitments for both administrators and plan participants. At Human Interest, we know the stakes are high for both administrators and participants who trust us with their futures.

Participant

Finextra

JULY 8, 2025

CIPS, established under the approval of the People’s Bank of China, is a wholesale payment system dedicated to cross-border RMB transactions. Participation and Account Structure CIPS distinguishes between direct and indirect participants. What Is CIPS and Why Does It Matter? How Does CIPS Operate?

Global Payments

The Payments Association

MAY 3, 2025

Participants tackled five central themes: underleveraged innovation, the operationalisation of AI, regulatory challenges, the evolution of embedded finance, and strategic risk planning for 2025 and beyond. But open banking has struggled due to inconsistent API access from incumbent banks. I hope PSD3 will correct this.

Payment APIs and Integration

The Fintech Times

NOVEMBER 12, 2024

Appointments Sibstar, the UK debit card and app for people living with dementia, has appointed GoHenry co-founder and CEO, Louise Hill, as a non-executive director. Else Bos joins as the fourth non-executive member, while chief operating officer Martijn Vos is named executive member. Blockwall, Kima and OVNI Capital also invested.

FinTech

The Fintech Times

MAY 28, 2025

Argentinian banks Banco Galicia and Santander, as well as Argentina-based fintech Naranja X, have joined BioCatch Trust Argentina, the western hemispheres first inter-bank, real-time fraud and scams intelligence-sharing network. The real-time exchange of information could offer an additional perspective in our fraud-prevention efforts.

Scams

Finextra

JUNE 2, 2025

Location Joburg Followers 5 Opinions 22 Follow Unfollow Open Banking has moved from regulatory idea to industry reality, driving transformation by enabling secure, permissioned data sharing between financial institutions and third-party fintechs. Crucially, Open Banking was just the opening act. Open Finance says: why not?

Finance

Finovate

NOVEMBER 1, 2024

The round also featured participation from Google’s Africa Investment Fund, Verod Capital, and Lightrock. Moniepoint is building an all-in-one, seamlessly integrated platform for African businesses that features services including digital payments, banking, foreign exchange, credit, and business management tools.

Financial Inclusion

The Fintech Times

JUNE 18, 2025

Launched on 16 June, the new service rolled out by the Central Bank of Brazil will enable recurring payments to be made using Pix, without the need for credit cards or complex direct debit setups. They simply need to give consent for a one-time authorisation, and payments will then be automatically deducted from their bank accounts.

Credit Cards

The Fintech Times

JULY 8, 2025

Led by COTU Ventures with participation from Impact46, Shorooq and Numrah Capital, the round will support Rekaz’s product development and regional growth. GoCardless, the bank payment company, has named Ian Boyd general manager for Australia and New Zealand as it seeks to expand its footprint in the region.

FinTech

The Fintech Times

MAY 10, 2025

Geale is responsible for helping to deliver the National Payments Vision and driving the FCAs work on open banking and digital finance. Fintilect, the AI-powered hyper-personalised digital banking provider for financial providers across the globe, has appointed Lindsay Soergel as CEO.

FinTech

Finovate

AUGUST 8, 2025

This digitization of traditional supply chains has been credited with empowering thousands of smaller merchants, known as “kiryana” shops, to participate in the digital economy. Deutsche WertpapierService Bank (dwpbank) agreed to acquire Berlin-based brokerage-as-a-service platform lemon.markets.

Cybersecurity