The Fintech Times

AUGUST 28, 2024

On 28 August 2024, HKMA officially launched the Project Ensemble Sandbox, which will test a wide range of tokenisation use cases, including the settlement of tokenised real-world assets (such as green bonds, carbon credits, aircraft, electric vehicle charging stations, and treasury management).

Interbank Settlement 134

Interbank Settlement CBDC Settlement Use Case 134

Tearsheet

FEBRUARY 16, 2024

This extended partnership will focus on integrating additional instant payment use cases across a range of payment flows for consumers, businesses, and governments. FedNow and RTP are eyeing new use cases to compete for bank partnerships, however, achieving widespread adoption remains a shared hurdle for both instant payment rails.

Instant Payments 119

Instant Payments RTP Visa TCH 119

Open Banking Excellence

JULY 1, 2024

With the UK government continuing to support the UK’s broader fintech environment and promote open banking innovation, Open Banking in a Box will champion the UK’s world-leading open banking standards and make the case for greater cross-border interoperability that will benefit UK PLC and support financial inclusion globally.

Use Case 130

Use Case Cross-Border Regulations Best Practices 130

Fintech News

DECEMBER 9, 2024

The trials have explored use cases ranging from foreign exchange (FX) to debt capital markets, providing valuable insights into the practical implementation and challenges of tokenisation.

Cryptocurrency 114

Cryptocurrency Cross-Border Consumer Protection Facilitators 114

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. Network participants retain control of their assets and never rely on Taurus to enter or unwind transactions. Instant transfer confirmation is also possible.

Participant 59

Participant Settlement Irrevocability Compliance 59

NFCW

NOVEMBER 29, 2023

During the Luxembourg-based pilot the two government bodies will test the effectiveness and Europe-wide compatibility of a national digital ID wallet for storing and using mobile driving licences, accessing eGovernment services, opening a bank account and remote document signing.

Online and Mobile Banking 114

Online and Mobile Banking Use Case Government Governance 114

Fintech Finance

MAY 1, 2025

Soon consumers will enable AI agents via AI platforms to use a Visa credential (of which there are 4.8 billion today) at any accepting merchant location (currently totaling over 150 million) for any payment use case. “Historically, Visa has used AI to protect consumers, harnessing it to help combat fraud.

AI 59

AI Credential Stablecoins Payment APIs and Integration 59

PYMNTS

JANUARY 8, 2021

In short, the global pandemic has ushered in rising usage — and use cases — for TCH’s RTP ® network, and Whisler doesn’t see that slowing down anytime soon. To me, the bottom line is the more volume, the better the pricing for all participants in the industry,” she said. RTP Outlook.

RTP 139

RTP TCH Funding Agent Continuing Education 139

Fintech Finance

MARCH 30, 2025

It is expected that all participant banks, from Italy, Portugal, Spain and Andorra, will be connected by June. The scope of the alliance is expected to grow, extend to include additional use cases and expand to more countries (euro and non-euro), simplifying the way Europeans make payments.

Instant Payments 59

Instant Payments Cross-Border Cross-Border Payments Payments 59

Open Banking Excellence

NOVEMBER 9, 2023

The number of adults using Open Banking in the UK represents around 10% of the adult population. The adoption of account data services has lagged behind Open Banking payments, whilst the number of Open Banking use cases is limited and it has not yet entered daily or weekly usage for most consumers and businesses.

Use Case 130

Use Case API Fraud Prevention Risk 130

Fintech News

JANUARY 21, 2025

Regional integration is playing a key role, with governments accelerating their efforts to enhance cross-border commerce and digital economy participation.

Payment APIs and Integration 107

Payment APIs and Integration Finance Cross-Border API 107

Fintech News

MAY 27, 2024

CBDC for cross-border payments, programmable money, and DeFi Kazakhstan’s Digital Tenge project is pursuing several ambitious goals: intensifying cross-border trade, implementing innovative social and anti-corruption initiatives, and integrating digital assets issued by decentralised finance (DeFi) participants and those issued by the government.

CBDC 129

CBDC Transactions Payment APIs and Integration Cross-Border 129

Fintech News

OCTOBER 6, 2024

Banks in North America, Europe, and Asia will participate, using Swift ’s platform to conduct transactions involving both digital assets and traditional currencies. Key use cases for these trials include payments, foreign exchange (FX), and securities transactions.

SWIFT 110

SWIFT Transactions Settlement Use Case 110

Fintech Finance

AUGUST 15, 2024

Sionic teamed with Google Cloud Consulting to design and build the specific use case AI models. By utilizing Google Cloud’s Vertex AI platform, and implementing essential payment security features, we’ll be able to tackle fraud in a unique way that will give us the edge over our competitors.”

AI 97

AI Fraud Detection Technology Real Time Payments 97

Fintech Finance

MARCH 15, 2024

Federal Reserve Financial Services (FRFS) has introduced the new FedNow User Group to continue promoting collaboration among the 607 participating financial institutions and their service providers on the FedNow Service network.

Federal Reserve 52

Federal Reserve FedNow Participant Instant Payments 52

The Fintech Times

MAY 1, 2025

Soon consumers will enable AI agents via AI platforms to use a Visa credential (of which there are currently 4.8 billion) at any accepting merchant location for any payment use case. Historically, Visa has used AI to protect consumers, harnessing it to help combat fraud,” added McInerney.

Stablecoins 45

Stablecoins AI Credential Payment APIs and Integration 45

Fintech Finance

MARCH 30, 2025

It is expected that all participant banks, from Italy, Portugal, Spain and Andorra, will be connected by June. The scope of the alliance is expected to grow, extend to include additional use cases and expand to more countries (euro and non-euro), simplifying the way Europeans make payments.

Instant Payments 52

Instant Payments Cross-Border Cross-Border Payments Payments 52

Fintech Finance

MARCH 26, 2024

The second phase of sandbox testing went further, exploring more complex use cases, using Swift’s solution to connect and orchestrate transactions across simulated digital trade and tokenised asset and FX networks, alongside CBDCs for payments. More than 750 transactions were carried out over the course of the experiments.

Cross-Border 52

Cross-Border Use Case SWIFT CBDC 52

Finovate

JANUARY 23, 2025

The round was led by Explorer Investments, and featured participation from Ridge Ventures, as well as strategic angel investors. ” Use cases for eSelf’s virtual agents have been diverse. Christie’s uses the agents as a first point of contact for potential buyers at its real estate brokerage firm in Portugal.

AI 52

AI Innovation Security Participant 52

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. However, she cautioned that broader use cases have yet to prove themselves at scale or deliver sustained strategic benefit.

Payment APIs and Integration 88

Payment APIs and Integration Cross-Border Embedded Finance Payments 88

Fintech News

MAY 11, 2025

DBS Bank is also a participating bank in PayNow, Singapores consumer real-time payments service. This technology-driven approach enables Thunes to support a wide variety of use cases including gig economy payouts, e-wallet interoperability, and financial inclusion efforts.

Cross-Border Payments 119

Cross-Border Payments Cross-Border APACS Distributed Ledger Technology (DLT) 119

Fintech Finance

OCTOBER 24, 2024

One-click e-commerce payments were identified as a top use case. Although 79% of surveyed banks believe CVRP will benefit their account holders and the UK payments ecosystem, only 32% expect to support CVRP for low-risk use cases in 2025, and just 26% for e-commerce use cases.

Risk 98

Risk Use Case Payments Debit Card 98

The Fintech Times

DECEMBER 3, 2024

Engagement with external stakeholders, ranging from policymakers and market participants to the general public, is a key priority. It will also explore other innovative use cases for a digital euro. payments that are made automatically when predefined conditions are met).

Central Bank 59

Central Bank Participant Procedures Risk Management 59

The Fintech Times

APRIL 17, 2024

Key participants in the UK initiative include Barclays, Citi, HSBC, Lloyds Banking Group, Mastercard, NatWest, Nationwide, Santander, Standard Chartered, Virgin Money and Visa. Supported by EY and Linklaters , the technological backbone of this endeavour comprises R3, Quant, DXC Technology (DXC) and Coadjute.

Payment APIs and Integration 137

Payment APIs and Integration Blockchain Finance Digital Payments 137

PYMNTS

OCTOBER 15, 2020

Against that backdrop of moving away from paper payments, and toward ubiquitous real-time payments, TCH’s Waterhouse said there’s probably not a use case “that’s going to tip the scale here.” But he pointed to a use case that might be a bit under the radar. So that is certainly an aspiration.

Real Time Payments 125

Real Time Payments NACHA SWIFT TCH 125

Fintech Finance

MAY 2, 2025

“By participating in Visa’s USDC settlement program, we are now able to conduct settlement 7 days a week, 365 days a year, operating outside of traditional banking hours. The post Rain and Visa Partner to Accelerate Onchain Credit Cards appeared first on FF News | Fintech Finance.

Credit Cards 59

Credit Cards Stablecoins Settlement Interoperability 59

Fintech News

JUNE 30, 2024

Reference model of GL1 Over the past two years, MAS has collaborated with 24 financial institutions to pilot asset tokenisation use cases under Project Guardian. Recently, S&P Global Ratings announced its participation in Project Guardian.

Central Bank 117

Central Bank Non-Bank Participant Risk 117

Faster Payments Council

AUGUST 23, 2024

The moderator will drive the conversation, but audience participation will be encouraged! Financial Institutions are enabling use cases and improving send reach that allows customers to manage their cash on hand and easily disburse payments up to the due date while maintaining a positive account status and avoiding late fees.

FPC 128

FPC ISO 20022 Federal Reserve Instant Payments 128

CB Insights

NOVEMBER 19, 2020

Ethereum and Bitcoin are the most popular networks for startup-run projects — for instance, among the capital markets blockchain initiatives that use Ethereum, roughly 80% are projects. These networks are “permissionless,” which means that anyone can participate. Use cases ultimately drive the choice of DLT network.

Blockchain 101

Blockchain Bitcoin Use Case Privacy 101

PYMNTS

AUGUST 10, 2020

Waiting for the Fed — and its promise of interoperability, which requires participation from the private sector — is akin to playing the (very) long game. Expanding The Use Cases. Waterhouse said that getting banks to sign on is about showing them the relevant use cases that will drive revenue and even new customer acquisition.

Real Time Payments 138

Real Time Payments RTP TCH Federal Reserve 138

Fintech News

MAY 21, 2024

Source; SBI DAH The Future of Digital Assets: CBDCs and Cryptocurrencies Looking ahead, the survey participants anticipate greater adoption of various digital assets over the next three years. Nearly a quarter (23.5%) of the participants cited this as the key impediment to investing in digital assets.

Settlement 139

Settlement Cryptocurrency Blockchain Digital Currency 139

Fintech Finance

JUNE 17, 2024

Mastercard’s cloud technology powers and enhances the Vault Payments offering across card and non-card use cases. Thought Machine also participated in the Mastercard Start Path startup engagement program in 2020.

Visa 105

Visa Non-Bank Debit Card Payments 105

Fintech News

DECEMBER 11, 2023

Commercial bank participants, through their own instances of UDPN Business Nodes, can actively engage in various activities, such as CBDC issuance (for issuing banks), wallet creation, linking wallets to bank accounts and KYC systems, fiat-CBDC exchange, AML/CFT compliance, and initiation of CBDC transfers, swaps, and settlement.

CBDC 111

CBDC Distributed Ledger Technology (DLT) Cross-Border Central Bank 111

Fintech Finance

OCTOBER 15, 2024

The RoPay service is being gradually rolled out, as participating banks introduce new features and cover more use cases, while users get accustomed to the service. The first available use is for proximity-based person-to-person (P2P) payments.

Instant Payments 98

Instant Payments Online and Mobile Banking Processors Payments 98

The Fintech Times

MAY 30, 2024

“Continued adoption from industry participants like PayPal helps realise the next generation of fintech innovation.”

Stablecoins 119

Stablecoins PayPal Blockchain Venmo 119

Fintech Finance

AUGUST 14, 2024

We have already seen successful use cases on our Whale platform in areas such as instant tax refund services and SME cross-border payments, and we will continue working together with industry partners and leveraging blockchain technology to enable more open and inclusive cross-border payments.”

Liquidity Management 98

Liquidity Management Treasury Multi-Currency Cross-Border Payments 98

PYMNTS

FEBRUARY 7, 2020

Eight Roads led the round, while Telefónica Innovation Ventures, Telekom Innovation Pool of Deutsche Telekom, HKT and Singtel Innov8 also participated, according to TechCrunch reports. The company will deploy the funding to focus on product development, engineering and global expansion.

B2B 98

B2B Blockchain Cross-Border FinTech 98