The Fintech Times

MARCH 18, 2025

Seamless and affordable international alternative payment methods will empower individuals and businesses, fostering global economic participation. Moreover, Pix offers lower fees compared to traditional payment methods, with no risk of chargebacks, helping merchants reduce operating costs.

Online and Mobile Banking

The Payments Association

NOVEMBER 28, 2024

Extended liability for payment institutions: With stricter fraud liability rules, banks, payment service providers, and electronic communication providers face greater accountability. CHAPS is also included with the rules aligning with CHAPS participants and a provision of 24/5 reimbursement for PSPs in the CHAPS System.

Authentication

Fintech News

MAY 12, 2025

Through this acquisition, Anchorage Digital plans to integrate Mountain Protocols team, technology, and licensing framework to enhance its support for institutional use cases in the stablecoin space. said Nathan McCauley, CEO and Co-Founder of Anchorage Digital.

Stablecoins

Fintech News

JULY 14, 2025

USDG is issued by Paxos Digital Singapore, a Major Payments Institution regulated by the Monetary Authority of Singapore, and by Paxos Issuance Europe under the supervision of Finland’s Financial Supervisory Authority. We are delighted to welcome OKX to Global Dollar Network.” ” said Jeff Ren, Founder of OKX Ventures.

Stablecoins

The Fintech Times

FEBRUARY 5, 2025

Since the new sports betting regulation took effect on 1 January 2025, some operators have struggled to ensure compliance – leading Transfeera to step in and adapt its Pix payment offering. The new rules mandate that payments be processed exclusively through bank accounts registered to individual bettors.

Compliance

The Payments Association

JULY 18, 2025

FCA Safeguarding Reforms for PI/EMI (Interim Rules) The FCA is set to publish its finalised interim safeguarding rules for authorised payment institutions (PIs) and electronic money institutions (EMIs) in mid-2025, following Consultation Paper CP24/20. However, use cases that demonstrate existing payments will also be accepted.

Regulations

Fintech Finance

JULY 24, 2025

Participating on PEXA’s Platform will be a significant step in assisting NatWest with increased speed and certainty for digital remortgage and Sale and Purchase transactions to homeowners, as it looks to drive efficiency, and greater transparency to provide best outcomes for its customers. NatWest conducted 12.6%

Transactions

Finovate

JANUARY 10, 2025

The round was led by Osage Venture Partners, and featured participation from Lavrock Ventures and the Urban Innovation Fund. Latin American cross-border payments platform dLocal secured an authorized payment institution license from the U.K.’s ’s FCA.

Innovation

Neopay

FEBRUARY 5, 2025

This latest communication is particularly relevant to firms authorised under the Payment Services Regulations 2017 (PSRs) and the Electronic Money Regulations 2011 (EMRs), including Electronic Money Institutions (EMIs), Payment Institutions (PIs), and Registered Account Information Service Providers (RAISPs).

Fraud Prevention

The Fintech Times

FEBRUARY 20, 2025

his dual role, Bailey will oversee the commercial and regulatory functions of TrueLayer Ireland, which holds a European Payments Institution licence and is regulated by the Central Bank of Ireland. He will also manage TrueLayers European operations.

FinTech

The Fintech Times

JULY 29, 2025

Participating on PEXA’s Platform will be a significant step in assisting NatWest with increased speed and certainty for digital remortgage and Sale and Purchase transactions to homeowners, as it looks to drive efficiency, and greater transparency to provide best outcomes for its customers. NatWest conducted 12.6

Facilitators

Finovate

JULY 18, 2025

The round was led by Index Ventures and featured participation from White Star Capital, Frst, Rerail, Bpifrance, and Blockwall. The company, which is headquartered in Paris, currently holds a payment institution license. Spiko secured $22 million in Series A funding French fintech platform Spiko has raised €18.9

Cash Management

Finextra

JULY 30, 2025

Home Announcements Regulation Boku achieves payments licence in Brazil External This content is provided by an external author without editing by Finextra. Boku achieves payments licence in Brazil Boku, a global leader in localised payment solutions, has been granted a Payment Institution license by the Central Bank of Brazil (BCB).

Payments

Fintech Finance

JULY 31, 2025

Boku’s eMoney Licence: Unlocking Next-Gen Payment Experiences With its new licence, Boku is now authorised as a Payment Institution in Brazil, covering Payment Initiation and E-money Issuance. At Boku, we bring deep expertise in local payments and a commitment to expanding choice.

Digital Payments

Fintech Finance

AUGUST 5, 2024

Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, today announces that it has entered into a definitive agreement to acquire Pay2All Instituição de Pagamento Ltda. (“Pay2All”), a licensed Payment Institution authorized by the Central Bank of Brazil.

Payments Institute

The Payments Association

OCTOBER 23, 2024

On 25 September 2024, the UK Financial Conduct Authority (FCA) published its long-awaited Consultation Paper (CP24/20) setting out proposed changes to the safeguarding rules applicable to electronic money institutions (EMIs) and payment institutions (PIs) (together, payments firms).

Rules

Fintech News

MARCH 12, 2024

has been accorded in-principle approval for a Major Payment Institution License by the Monetary Authority of Singapore (MAS). This approval will permit OKX to engage in the provision of digital payment token (DPT) and cross-border money transfer services in Singapore, in compliance with the Payment Services Act 2019.

Cross-Border

Fintech News

JUNE 12, 2024

The Bank for International Settlements (BIS) Innovation Hub ‘s Point Zero Forum 2023 roundtable brought together key stakeholders and leaders from both the public and private sectors to discuss opportunities and challenges in cross-border payments.

Cross-Border Payments

Fintech News

JULY 9, 2024

and part of the Pine Labs group, has received in-principle approval from the Monetary Authority of Singapore (MAS) for a Major Payment Institution (MPI) license. The company also collaborates with DBS Bank, Google Pay, United Overseas Bank, and Singtel Dash as part of its loyalty program to enable interoperable payments.

Interoperability

Fintech Finance

JANUARY 15, 2025

Airwallex announced several milestones in its global expansion strategy: securing a payment institution license from the Banco Central do Brasil, and finalizing the acquisition of MexPago, a Mexico-based payment service provider and an Institution of Electronic Payment Funds (IFPE) license-holder.

Cross-Border

Fintech News

JULY 15, 2024

XTransfer, a Chinese B2B cross-border trade payment platform, has received in-principle approval from the Monetary Authority of Singapore (MAS) for a Major Payment Institution (MPI) license. In the following period, our focus will be on the prompt deployment of our localised solutions to cater the needs of Singaporean SMEs.

Cross-Border

Fintech News

MARCH 6, 2024

Cryptocurrency exchange Bitstamp announced it has obtained an in-principle approval from the Monetary Authority of Singapore (MAS) to operate under the Major Payment Institution license. This regulatory milestone allows Bitstamp to offer digital payment token services in compliance with the Payment Services Act in Singapore.

Security

Fintech Finance

AUGUST 12, 2024

This continued expansion is a step towards Nium’s commitment to revolutionizing the global payments landscape in this strategic region. In 2020, the Central Bank of Brazil launched Pix, a real-time payment system that has rapidly become a key model in the region.

Real Time Payments

The Fintech Times

AUGUST 5, 2024

Pay2All), a licensed payment institution authorised by the Central Bank of Brazil. The acquisition will allow Nuvei to offer payment services in Brazil as an issuer of electronic currency, gaining Pay2All’s payment licence.

Payments Institute

The Payments Association

APRIL 14, 2025

1 Based on data provided to Discover by Network Alliances participants and other third-party sources as of December 31, 2023. 2 Based on data provided to Discover by merchants, acquiring institutions and other third parties as of December 31, 2023. 3 Based on transaction data collected by Discover from 2019 through 2023.

Agreements

Fintech Finance

JULY 15, 2024

Subsequently, shoppers can enjoy collecting points automatically at any Treats-participating merchant by simply tapping and paying. To register for Treats, customers scan a QR code once to link their credit or debit card.

Automation

Fintech News

JULY 3, 2024

percent of its population owning digital assets, the city-state isn’t just participating in the crypto revolution—it’s leading it. Singapore, long known for its financial prowess and technological innovation, has emerged as an unexpected leader in cryptocurrency adoption.

Financial Literacy

The Payments Association

OCTOBER 22, 2024

Payment institutions, e-money institutions and credit unions that issue e-money (together, “Payments Firms”) are required to protect funds received in connection with making a payment or in exchange for e-money issued through safeguarding (“Relevant Funds”). Who is impacted?

Consulting

Fintech News

FEBRUARY 18, 2024

As Sumsub gears up for its participation in Seamless Asia, this partnership serves as a beacon for businesses seeking to navigate the complexities of digital payments verification. It’s a great example of how fintechs and regtechs can collaborate to enable digital finance innovation while building trust.

Verification

The Paypers

MARCH 29, 2019

(The Paypers) SlimPay has announced that it will be part of the European Payment Institutions Federation (EPIF) and participate at the European Payment Council task force.

Payments Institute

The Fintech Times

JULY 2, 2024

The Court of Justice of the European Union (CJEU) has overturned a permanent licence revocation by the Bank of Lithuania, reinstating ABC Projektai’ s payment institution licence.

FinTech

PYMNTS

AUGUST 10, 2017

In addition to generating fees, online and mobile payments supply valuable data that can be used for things like targeted advertising and credit scoring. The launch of this clearing house is a one-sided loss for the payment institutions. Originally, payment data were proprietary information for them.

Central Bank

The Fintech Times

MARCH 20, 2024

Connecting different parts of the industry Mr. Dong Junfeng from China UnionPay pointed out that payment service optimisation is a national policy and a shared responsibility of all industry participants. It will direct CNY 3 billion to focus on acceptance terminal upgrades, signage placement and publicity, etc.

Use Case

Fintech Review

OCTOBER 7, 2024

This trusted and secure stablecoin offers users a reliable solution for global cross-border payments, making it a pivotal tool for the future of digital transactions. About StraitsX StraitsX is the pioneering payments infrastructure for the digital assets space in Southeast Asia.

Cross-Border Payments

The Fintech Times

JANUARY 28, 2025

Looking to facilitate international businesses entry into the region, Airwallex acquired a payment institution licence from the Banco Central do Brasil , and finalised the acquisition of MexPago , a Mexico-based payment service provider and an Institution of electronic payment funds (IFPE) licence-holder.

Cross-Border

Finovate

OCTOBER 18, 2024

The round also featured participation from Icehouse Ventures, K1W1, NZ Fintech Fund, and Hard Yaka, a venture capital firm based in the U.S. Asia-Pacific Singapore-based finance platform for businesses, Aspire, secured in-principal approval for the Major Payment Institution license from the Monetary Authority of Singapore (MAS).

Cross-Border Payments

PYMNTS

AUGUST 2, 2019

Platform participants get access to exchange rates, and can negotiate their own exchange rates, and upon agreeing, are required to send the exact funds via individual client accounts to Verto (held in turn in escrow accounts) for settlement once an offer has been accepted.

B2B