Fintech Finance

DECEMBER 11, 2024

To better combat fraud in cross-border payments, Swift, the global provider of secure financial messaging services, is working with Google Cloud to develop anti-fraud technologies that use advanced AI and federated learning. Heres how it works for Swift: A copy of Swifts anomaly detection model is sent to each participating bank.

SWIFT 95

SWIFT AI Cross-Border Payments Fraud Detection 95

Fintech News

OCTOBER 30, 2024

Morgan intraday, receiving tokenised securities as collateral. By utilising blockchain technology, the exchange of cash and securities becomes near-instantaneous, a significant improvement over traditional repo markets where the process can take at least one business day. This system allows OCBC to lend cash to J.P.

Blockchain 132

Blockchain Liquidity Management Returns Participant 132

Fintech Finance

DECEMBER 24, 2024

AFAQ is a regional payment system provided by the Gulf Payments Company that aims to facilitate financial transfers in the local currencies of the Gulf countries instantly and at low rates with a high level of privacy and information security. “AFAQ” is set to transform how users engage with digital payments.

Cross-Border Payments 98

Cross-Border Payments Cross-Border Facilitators Participant 98

Fintech News

NOVEMBER 27, 2024

The Series B initially secured US$60 million in July 2024, led by Peak XV Partners, with participation from J.P. The platform addresses inefficiencies in legacy payment systems by offering improved transparency, instant liquidity, and enhanced security. said Humphrey Valenbreder, Chief Executive Officer of Partior.

Cross-Border 119

Cross-Border SARS Multi-Currency Correspondent Bank 119

Fintech News

NOVEMBER 6, 2024

Liink, a blockchain-based platform developed by Kinexys, facilitates secure and private information exchange among global institutions, including banks, credit unions, fintechs, and digital banks. This scalable network ensures streamlined payment processes while maintaining sovereignty, security, and privacy.

Cross-Border Payments 121

Cross-Border Payments Cross-Border Account Validation Credit Union 121

Fintech News

NOVEMBER 12, 2024

Rubie Wallet marks Thailand’s first implementation of Purpose-Bound Money (PBM), introduced under the regulatory sandbox framework established by the Bank of Thailand (BOT) and the Securities and Exchange Commission (SEC). Users must complete Know Your Customer (KYC) verification to ensure security and compliance.

Stablecoins 119

Stablecoins Bots Financial Inclusion Payments 119

The Payments Association

JUNE 9, 2025

Jane Jee Ambassador, TPA Enhanced resilience RT2 reimagines resilience by introducing a secure zone that isolates critical settlement functions, creating multiple layers of defence against threats. The overall redesign represents a substantive shift in how settlement systems approach resilience and security in the modern financial landscape.

ISO 20022 88

ISO 20022 Payment APIs and Integration ISOs Interoperability 88

The Fintech Times

OCTOBER 30, 2024

Global paytech solution provider Worldpay has forged a new partnership with Capital One , the American bank holding company, in a move to optimise payment fraud decisioning and enhance payment security and efficiency with a data sharing agreement.

Payment Security 59

Payment Security Security Fraud Detection Payments 59

Fintech Finance

MARCH 24, 2025

The demand for secure, fast, and modern payment solutions has been pressing. The platform integrates various components, including an Integration Platform for seamless connectivity, a Participant Portal for real-time transaction monitoring, and a Dispute Portal for efficient case resolution. Mr. Abdirahman M.

Instant Payments 90

Instant Payments Settlement Payments Central Bank 90

Fintech Finance

DECEMBER 17, 2024

By incorporating Kuady’s technology, MeridianBet users in the region will benefit from secure, simple, and efficient payment options. By expanding its services to MeridianBet, Kuady is helping advance financial access and inclusion throughout Latin America, enabling more people to participate actively in the digital economy.

Processors 98

Processors Payments Economy Security 98

Fintech News

NOVEMBER 7, 2024

The company aims to expand its presence in Southeast Asia, offering secure and efficient payment solutions to SMEs in the region. Bill Deng “We are very pleased to participate in the Singapore Fintech Festival. ” said Bill Deng, Founder and CEO of XTransfer.

Cross-Border Payments 115

Cross-Border Payments Cross-Border Payment Solutions Payments 115

Finovate

JANUARY 21, 2025

The Series B round was led by Portage, and featured participation from existing investors, including Rockefeller Asset Management, Uncorrelated Ventures, and the Partnership Fund for New York City. Last fall, the company unveiled its messaging security suite which is equipped with AI-powered impersonation detection an industry first.

Security 64

Security Governance Government AI 64

Fintech News

DECEMBER 5, 2024

During the event, participants, including non-Thai attendees, were able to convert dollar stablecoins to baht stablecoins without foreign exchange fees. SCB is now collaborating with Thai regulators to assess the pilot program’s success and secure approval for a broader rollout of the stablecoin wallet.

Stablecoins 136

Stablecoins Cross-Border Payments Blockchain Cross-Border 136

The Payments Association

JANUARY 3, 2025

This session drew participants from diverse industries, including retail, travel, telecommunications and hospitality, each grappling with unique yet interconnected fraud challenges. The topic concluded with participants agreeing that fraud is no longer limited to traditional theft or hacking. This is a loophole that needs to be closed.

Fraud Detection 88

Fraud Detection Fraud Prevention Participant Financial Crimes 88

Fintech News

JANUARY 21, 2025

These changes, which include lifting restrictions on WhatsApp Pay and postponing the implementation of a market share cap for UPI apps, underscore the NPCIs commitment to create a fairer digital payment landscape in India, and ensuring equal opportunities for all participants, India TV News reported. PhonePe has an estimated 47.8%

Caps 124

Caps Digital Payments Debit Card AI 124

Fintech Finance

DECEMBER 16, 2024

Together, they are launching a state-of-the-art Pay on Invoice solution, designed to bring seamless, secure, and flexible payment options to B2B e-commerce transactions. Uncompromised Security and Trust: Integrating ABN AMROs financial infrastructure with Twos secure technology ensures reliable, risk-mitigated transactions.

B2B 98

B2B FinTech Risk Mitigation Payments 98

Fintech Finance

MARCH 24, 2025

The demand for secure, fast, and modern payment solutions has been pressing. The platform integrates various components, including an Integration Platform for seamless connectivity, a Participant Portal for real-time transaction monitoring, and a Dispute Portal for efficient case resolution. Mr. Abdirahman M.

Instant Payments 69

Instant Payments Settlement Payments Central Bank 69

Fintech Finance

JUNE 10, 2025

Jack Forestell, Visa’s Chief Product and Strategy Officer said , “Combining the strength of our global network with our leadership in payment innovation here in Asia Pacific, we are bringing new products and solutions that will transform commerce and deliver trust and security to AI-enabled payments across the region.”

AI 88

AI Stablecoins Credential Payment APIs and Integration 88

Fintech News

OCTOBER 27, 2024

A 12-hour cooling-off period is required for the activation of digital security tokens and new device logins to e-wallets, reducing the risk of unauthorized access. Telcos’ Duties Telcos play a key role in securing SMS channels used in digital banking.

Phishing 135

Phishing Scams Blocks Authorization 135

Fintech News

NOVEMBER 18, 2024

Customers can now deposit SGD into their OKX accounts using PayNow and withdraw funds via FAST, provided their bank is one of the 27 institutions participating in the service. These changes come after OKX secured a Major Payment Institution license from the Monetary Authority of Singapore in September.

Cross-Border 119

Cross-Border Verification Payments Institute Participant 119

The Payments Association

APRIL 7, 2025

The industry must focus on technological investments, enhancing security, and addressing regulatory and interoperability challenges to stay competitive. Furthermore, the survey highlights the key challenges faced by the industry, such as cyber-security threats and the need for interoperability between different payment systems.

Financial Crimes 88

Financial Crimes Interoperability Payments Crime 88

NFCW

MARCH 6, 2025

Residents of the US state of Arkansas are now able to add a digital version of their driver’s license or state ID to their smartphone and then use their digital ID to verify their identity to participating businesses and venues as well as law enforcement agencies and, soon, for air travel.

Law Enforcement 100

Law Enforcement Credential Laws Participant 100

Finovate

JANUARY 23, 2025

The round was led by Explorer Investments, and featured participation from Ridge Ventures, as well as strategic angel investors. Here’s some alumni funding news that slipped beneath our radar: eSelf , which offers a platform that enables businesses to build face-to-face conversational AI agents, has secured $4.5

AI 52

AI Innovation Security Participant 52

Fintech News

OCTOBER 29, 2024

By utilising USDC, Thunes aims to reduce capital costs and improve liquidity for its network participants. Leveraging blockchain’s immutability and traceability, these transactions provide a more secure and efficient avenue for businesses to facilitate payments across global markets.

Cross-Border Payments 121

Cross-Border Payments Cross-Border Stablecoins Facilitators 121

Fintech News

JANUARY 9, 2025

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.

Distributed Ledger Technology (DLT) 128

Distributed Ledger Technology (DLT) Multi-Currency Interoperability ISO 20022 128

The Fintech Times

APRIL 11, 2025

This new solution will connect Taurus -PROTECT clients to enhance collaboration with industry participants that are looking to rapidly adopt digital assets. It’s built-in collateral management system minimises counterparty risk, making cross-institutional interactions more secure and efficient than other alternatives.

Participant 59

Participant Settlement Irrevocability Compliance 59

Finovate

DECEMBER 24, 2024

The round was led by FINTOP Capital and JAM FINTOP BankTech, and featured participation from Raido Capital Partners, Woodforest Financial Group, and Bankers Helping Bankers. ” Photo by Danny George The post Infinant Secures $15 Million in Series A Funding appeared first on Finovate.

Security 64

Security FedNow Wire Wires 64

Fintech Review

NOVEMBER 27, 2024

For these businesses, securing a loan can be challenging, time-consuming, and costly. Fintechs are revolutionising payment solutions, offering SMEs accessible, secure, and flexible payment options that help them streamline transactions and expand their customer reach.

FinTech 105

FinTech Cross-Border Cross-Border Payments Online and Mobile Banking 105

Clearly Payments

MARCH 14, 2025

A credit card transaction is a process involving multiple entities, complex technology, and rigorous security protocols. Behind every simple transaction lies a network of playerseach with a vital role in making sure the process is seamless, secure, and efficient. increase from the previous year. Visa, Mastercard).

Credit Cards 52

Credit Cards Transactions PCI DSS Online and Mobile Banking 52

Fintech News

JANUARY 12, 2025

Simultaneously, increasing purchasing power and discretionary spending have driven a need for seamless, real-time, and secure payment systems. These platforms enable low-income users to participate in the financial markets, enhancing the accessibility of wealth management and fostering greater financial inclusion across the region.

FinTech 122

FinTech Financial Inclusion BNPL Cross-Border 122

Open Banking Excellence

FEBRUARY 6, 2025

The guiding standard is the Digital Architecture of Armenia, a Government approved approach that places interoperability, security, and high-quality service delivery as its core pillars.

Governance 230

Governance Government Interoperability Central Bank 230

The Fintech Times

NOVEMBER 6, 2024

The collaboration will see Mastercard join Buna’s cross-border payment systems as a direct participant. Buna’s Real-Time Gross Settlement service, with its extended operating hours, and Instant Payments System’s 24/7 availability offer a unique advantage for direct participants.

Cross-Border Payments 59

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

Fintech News

JUNE 10, 2025

The system offers a faster, secure, and convenient checkout experience with global acceptance, as it is now supported at more online outlets where consumers wish to shop. Additionally, Click to Pay employs advanced security standards and technology to protect transaction data, offering consumers increased confidence in online payments.

Online and Mobile Banking 71

Online and Mobile Banking Gateways Payment Gateways Enrollments 71

The Payments Association

DECEMBER 18, 2024

billion unbanked individuals globally, enabling participation in the formal economy and accelerating the transition to cashless societies.” This shift will be vital for the continued growth of digital payments and a more secure, seamless user experience.” trillion, and to almost triple by 2030.

Cross-Border 88

Cross-Border AI Push-to-Card Real Time Payments 88

Fintech Finance

JANUARY 21, 2025

In the architecture of the VOP scheme, the EDS enables reachability and interoperability between VOP scheme participants. The EDS will be accessible to scheme participants adhering to the VOP scheme and to the Routing and Verification Mechanisms (RVMs) operating on their behalf.

SWIFT 98

SWIFT Payee RFP IBAN 98

The Fintech Times

DECEMBER 18, 2024

By incorporating technology from Kuady, MeridianBet aims to begin delivering a faster and more seamless customer experience across South America.Via the partnership, MeridianBet users in the region should benefit from secure, simple, and efficient payment options.

Processors 59

Processors Security Participant Economy 59

Fintech News

JUNE 16, 2025

The system uses global standards like ISO 20022, which ensures that all participants can communicate efficiently, regardless of local system differences. How can APAC banks differentiate themselves by participating in Nexus? Eli Shoshani : Early participation allows banks to set themselves apart as leaders in innovation and efficiency.

Cross-Border Payments 82

Cross-Border Payments Cross-Border APACS ISO 20022 82