Fintech News

APRIL 2, 2025

A consortium of central banks has formally established Nexus Global Payments (NGP) in Singapore to manage a new multilateral cross-border payment system. The founding members are the Reserve Bank of India, Bank Negara Malaysia, Bangko Sentral ng Pilipinas, the Monetary Authority of Singapore (MAS), and the Bank of Thailand.

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Global Payments Cross-Border Payments Central Bank Cross-Border 94

Fintech Finance

DECEMBER 5, 2024

Mambu, a leading cloud banking platform, has announced the acquisition of Numeral , a French payment technology provider for banks and fintechs. It also offers a unique strategic fit to the foundation of the cloud banking leader’s long-term expansion efforts. The size of the market opportunity for bank payments is striking.

Payment APIs and Integration 98

Payment APIs and Integration Technology Acquirers Instant Payments 98

Clearly Payments

JANUARY 15, 2025

The Many Types of Payment Processing Fees Below is a breakdown of the lesser-known or hidden fees that can show up on your monthly statements: Interchange Fees What It Is: The fee paid to the card-issuing bank every time a customer buys something with a credit or debit card. Cost Range: Usually 1.5%3.5% The processor charges a higher rate.

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Process Processors Gateways Push-to-Card 105

Fintech Finance

NOVEMBER 19, 2024

Morgan Payments will provide Payhawk with several banking services through its API, including access to bank accounts in multiple currencies and for the safeguarding of funds, and domestic payment rails. The post Payhawk and J.P. Working with J.P. Morgan Payments.

Innovation 98

Innovation Payments Payment Networks Non-Bank 98

Fintech Finance

JANUARY 7, 2025

Wise Platform , Wises global payments infrastructure for banks, financial institutions and larger enterprises, today announced the appointment of Lauren Langbridge as Commercial Director for North America, and Manuel Sandhofer as its new General Manager for Europe, Middle East and Brazil.

Cross-Border 98

Cross-Border Cross-Border Payments Multi-Currency International Payments 98

Fintech News

MARCH 26, 2025

This Friday, March 28, 2025, marks the end of an era for DBS Bank as Piyush Gupta steps down after an extraordinary 16-year tenure as Chief Executive Officer. During his tenure, he turned DBS from a traditional lender into a globally recognised powerhouse of digital banking. His leadership has been nothing short of transformative.

Online and Mobile Banking 108

Online and Mobile Banking AI Non-Bank Authorization 108

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.

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CFPB Consumer Financial Protection Bureau (CFPB) Card Issuer Rules 101

Fintech Finance

NOVEMBER 4, 2024

Wise has spent the last 14 years building an alternative to traditional correspondent banking. Fast and convenient withdrawals: Wise customers in the Philippines moving funds from their Wise account to their local banks or e-wallets will see the money arriving in under 20 seconds.

Instant Payments 98

Instant Payments Settlement Accounts Cross-Border Payments 98

Fintech Finance

DECEMBER 3, 2024

Pix, Brazil’s instant payment system developed and managed by the Central Bank, has changed how transactions are made in the country. The new regulations introduce stricter compliance requirements, requiring all payment transactions for sports betting operations to be verified against player-registered bank account details.

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Regulations Account Validation Compliance Automation 98

Fintech News

JANUARY 26, 2025

Emerging trends such as cross-border payment systems and open banking initiatives are breaking down traditional barriers, fostering greater connectivity and efficiency in Asias financial landscape. Open banking APIs has the potential bolster B2B payments in the region. However, the rapid progress comes with challenges.

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Payments Trends Payment APIs and Integration Embedded Finance Cross-Border 123

Fintech Finance

JANUARY 21, 2025

Businesses across the globe have struggled with outdated and non-secure payment methods like IVR or DTMF systems, burdened by high processing fees and vulnerable to fraud. Whether a business needs advanced plugins or wants to explore open banking options, our platform delivers.

Technology 98

Technology Security Gateways Payment Gateways 98

Fintech Finance

MARCH 7, 2025

How does the rise of real-time payments impact traditional banking in Latin America? Colombia For more information about this report visit [link] The post Latin America Digital Payments Market Report 2025 appeared first on FF News | Fintech Finance. Which Latin American country has the highest cryptocurrency adoption rate? Mexico 6.4.

Digital Payments 96

Digital Payments Payments Debit Card Online and Mobile Banking 96

Fintech Finance

JANUARY 21, 2025

SC PrismFX is available for Financial Institution (FI), Non-Banking Financial Institution (NBFI), PayTech, and Corporate clients globally. The post Standard Chartered Has Introduced SC PrismFX appeared first on FF News | Fintech Finance.

Multi-Currency 98

Multi-Currency Cross-Border Non-Bank Settlement 98

The Fintech Times

APRIL 12, 2025

As traditional banking processes are replaced by more integrated financial solutions, companies across industries are embedding payment processing, lending, insurance, and investment services directly into their platforms. The need for traditional banks to digitise has never been more apparent.

Embedded Finance 78

Embedded Finance Finance Payment APIs and Integration Non-Bank 78

Fintech Finance

NOVEMBER 28, 2024

The solution utilizes non-fungible tokens (NFTs) as secure credentials within a “digital safe,” providing a decentralized, immutable method for storing and recovering critical information. Its self-custody approach reduces the need for intermediaries, offering control and reduced exposure to third-party risks.

Security 116

Security Transactions NFTs Blockchain 116

Fintech Finance

FEBRUARY 12, 2025

Canopy Servicing , the leading commercial loan servicing platform, and Moov Financial , a leading provider of modern payment processing infrastructure, have joined forces to launch Canopy Repay, an integrated solution streamlining loan repayment operations for banks, non-bank lenders, and credit unions.

Credit Union 59

Credit Union Non-Bank Embedded Finance Real Time Payments 59

Fintech Finance

MARCH 6, 2025

Through Lili Connect, corporate formation services partners can now offer their customers streamlined banking, accounting, and tax preparation solutions. small businesses founded by non-residents contribute significantly to the national economy, supporting over five million jobs and more than $1 trillion in output. Non-resident U.S.

Non-Bank 52

Non-Bank Small Business Wires Wire 52

Clearly Payments

OCTOBER 30, 2024

For instance, while credit cards are popular in North America, regions like Europe favor bank transfers, and digital wallets are dominant in Asia. Payment processing and data handling rules vary by country, and non-compliance can result in fines or a loss of customer trust.

International Payments 105

International Payments Process Multi-Currency Cross-Border 105

Fintech Finance

JANUARY 16, 2025

As small and medium-size businesses are increasingly turning to non-banking cost-efficient payments solutions, Guavapay is at the forefront of providing solutions that meet the evolving needs of global businesses with real-time, affordable fund transfer, multi-currency accounts and advanced payment APIs.

Innovation 98

Innovation Technology Multi-Currency Payment APIs and Integration 98

The Fintech Times

APRIL 2, 2025

By integrating with Mastercard Move through the Centiglobe payments platform, banks and payment service providers gain access to a broad range of money movement options, enabling them to scale their cross-border payment operations efficiently.

Visa 59

Visa Cross-Border Payments Cross-Border Near Real-Time 59

Fintech News

APRIL 16, 2025

Through the partnership, NAPAS will integrate ISTs tokenisation technology into its domestic payment network, which connects over 40 banks. Vietnamese consumers will soon be able to make in-store payments using their banks mobile wallets on Android smartphones, or through Apple Pay on iOS devices.

Digital Payments 61

Digital Payments Payment APIs and Integration Contactless Payments Non-Bank 61

Finovate

NOVEMBER 1, 2024

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. Wise became the first non-bank operating in Japan to earn approval to join the country’s domestic payment network, Zegin.

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Financial Inclusion Cross-Border FinTech Visa 111

Fintech News

MAY 19, 2024

The bank, listed in Ho Chi Minh City, intends to offer the shares at 34,500-36,000 dong (US$1.36-US$1.40) This move values the bank at approximately 53.5 The sale faces significant hurdles due to regulatory limits on foreign ownership in Vietnamese banks, capped at 30%. trillion dong (US$2.1

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Non-Bank Caps Agreements Facilitators 116

Fintech Finance

APRIL 1, 2025

With this collaboration, Mastercard Move will be available to members of Centiglobe’s blockchain-based payments platform – regulated banks and payment service providers – through a single integration. Centiglobe’s mission is to reshape global payments with faster, more secure, and accessible cross-border transactions.

Near Real-Time 59

Near Real-Time Cross-Border Payments Cross-Border Visa 59

Fintech Finance

OCTOBER 17, 2024

Challenger processors outperforming incumbents According to the report, new card processing models, driven by technological innovation and the growing influence of non-bank entities like retailers and gig economy platforms, are gaining significant momentum. in 2021 to 4.0%

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Processors Consulting Payment APIs and Integration Non-Bank 96

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.

Embedded Finance 110

Embedded Finance Finance Payment APIs and Integration BNPL 110

Finezza

AUGUST 15, 2024

The growth of Non-Performing Assets (NPAs) continues to be a top concern for digital lenders, today. According to reports, Indian banks continue to face challenges in recovering debt. India’s 39 Debt Recovery Tribunals (DRTs) and five Debt Recovery Appellate Tribunals (DRATs) struggle to cope with the volume of cases.

Non-Bank 105

Non-Bank Volume Continuity Posting 105

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 59

Instant Payments Cross-Border Cross-Border Payments Payments 59

Finovate

FEBRUARY 3, 2025

In recent podcast episodes, Palmer and his guests have covered topics including the emerging regulatory environment in Europe, the outlook for cryptocurrencies, the opportunities in conversational banking, and the challenge of financial inclusion for female entrepreneurs in the Global South.

Financial Inclusion 59

Financial Inclusion Multi-Currency Non-Bank Cryptocurrency 59

Fi911

MAY 14, 2025

Data protection is a top priority in banking and payment systems, where sensitive information such as cardholder details and personal data are frequently exchanged. Ideal for secure communications, such as internet banking or email encryption. Example algorithm: RSA (Rivest-Shamir-Adleman).

Encryption 73

Encryption PCI DSS Online and Mobile Banking Database 73

The Fintech Times

JANUARY 12, 2025

Bank Alfalah , a commercial bank in Pakistan with a network of over 1,000 branches, has acquired a stake in Jingle Pay , a UAE-born fintech specialising in cross-border money transfers licensed by the Dubai Financial Services Authority (DFSA). Khan , group head, corporate, investment banking and international business of Bank Alfalah.

Cross-Border Payments 59

Cross-Border Payments Cross-Border Acquirers Multi-Currency 59

Fintech News

AUGUST 14, 2024

Lee Wai Fai This strategic move aims to maintain the bank’s cost-to-income ratio at 40% by 2026, according to Group Chief Financial Officer Lee Wai Fai. The bank anticipates non-interest income contributing 37% of overall income by 2026, driven by growth in wealth management, trade finance, and customer treasury services.

Non-Bank 121

Non-Bank Treasury Cash Management Returns 121

The Fintech Times

MARCH 16, 2025

Bank payment company GoCardless is partnering with iplicit , a cloud accounting software platform purpose-built for the UK mid-market, to enable faster payment methods for its customers. Through the collaboration, GoCardless can offer its open banking-powered Instant Bank Pay (IBP) directly within the iplicit platform.

Faster Payments 69

Faster Payments Non-Bank Payments Instant Payments 69

The Fintech Times

MARCH 3, 2025

After Lloyds Bank , Halifax , TSB , and Bank of Scotland customers encountered issues accessing their banking apps on 28 February, Apadmi revealed new research that explores how people interact with finance apps and how these platforms can be improved.

Addressing 59

Addressing Finance Non-Bank Mitigation 59

The Fintech Times

MARCH 12, 2025

As technologies like cloud computing and artificial intelligence (AI) become more accessible, banks in 2025 will face a new challenge. ’ One company that is well-placed in this banking evolution is Temenos , the core banking solutions provider. How will banks utilise AI in 2025? The result? The impact?

AI 71

AI Fraud Detection Non-Bank Fraud Prevention 71

The Fintech Times

NOVEMBER 6, 2024

The collaboration leverages existing infrastructure and connections, avoiding the need for major investments or adjustments from banks while allowing them to service their consumer and corporate clients more effectively.

Cross-Border Payments 59

Cross-Border Payments Cross-Border Visa Multi-Currency 59

The Fintech Times

APRIL 12, 2025

With access to more than 95 per cent of the worlds banked population, Rajnish Kumar , co-founder and CEO of Instapay Technologies, commented: This collaboration enables us to leverage Mastercards vast global payment network and cross-border transfer expertise. They can also conveniently track payments, fees and estimated delivery times.

Cross-Border 63

Cross-Border Visa Technology Cross-Border Payments 63