The Fintech Times

MARCH 18, 2025

The UK’s Financial Conduct Authority (FCA) has approved Atoa Payments , an open banking-enabled payments provider, to operate as an Authorised Payment Institution (API). By offering an easy alternative to both card payments and manual bank transfers, Atoa aims to address key inefficiencies in the payments ecosystem.

Processing Costs

Finovate

JUNE 9, 2025

The Bank of International Settlements (BIS) and the Bank of England (BoE) collaborate on testing to see if AI can spot fraudulent activity in retail payments data. Payments Zimpler earns status as a Certified Payment Institution in Brazil.

Credit Union

Fintech News

NOVEMBER 3, 2024

Anchorage Digital Singapore, a crypto platform, has obtained a Major Payment Institution license from the Monetary Authority of Singapore (MAS). This licence allows the company to expand its services to include custody, staking, trading, settlement, and fiat on and off ramps for global institutions.

On-Demand

The Fintech Times

JANUARY 8, 2025

The Monetary Authority of Singapore (MAS) has grantedChina-based B2B cross-border trade payment platform, XTransfer , a Major Payment Institution (MPI) licence, enabling it to provide a range of money transfer services in the region. This enables uninterrupted fund circulation throughout the trade process.

Cross-Border Payments

The Fintech Times

APRIL 8, 2025

Plaid , a payment institution regulated by the Financial Conduct Authority (FCA), has raised around $575million in a fundraise led by Franklin Templeton , alongside Fidelity Management and Research. The post This Week in Fintech: TFT Bi-Weekly News Roundup 08/04 appeared first on The Fintech Times.

FinTech

Fintech Finance

JULY 27, 2025

“This achievement underscores our dedication to driving innovation while adhering to the highest regulatory standards, we aim to become the global real-time settlement infrastructure for both Web2 and Web3, driven by our rapid market expansion. Let’s bring tomorrow’s payments to Europe , today.

Stablecoins

Fintech News

DECEMBER 9, 2024

Leveraging its experience in B2C e-commerce, the CMS licence enables M-DAQ to expand into B2B services, addressing more complex requirements and longer settlement periods. With this licence, we can broaden our capabilities to support B2B applications with more complex requirements and longer settlement periods.

B2C

The Fintech Times

JANUARY 17, 2025

Image Source: The Fintech Times Timeline of Key fintech milestones 2006 – Bank cards and credit card law by Banking Regulation and Supervision Agency (BRSA) 2013 – Payment and Securities Settlement Systems, Payment Service and Electronic Money Institutions Law No 6493 went into effect by both BRSA and Central Bank of Republic of Turkiye (..)

Digital Payments

The Payments Association

JULY 18, 2025

Omar Salem Financial regulation and fintech partner, Fox Williams "Post–31 March 2025, the UK regulator is focused on supervision and in the future may hold firms, and potentially individuals, accountable for operational resilience breaches. Post-deadline supervision will stress-test incident playbooks and escalation protocols.

Regulations

Finovate

JANUARY 17, 2025

. “We are pleased to work with Belvo to offer our clients in the country access to a best-in-class direct debit solution, providing higher transaction success rates, new features such as partial debit payments, and more efficient settlements,” Francisco Molina Viamonte, Head of Mexico for J.P. Morgan Payments said.

Cross-Border Payments

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. The post This Week in Fintech: TFT Bi-Weekly News Roundup 20/02 appeared first on The Fintech Times.

FinTech

The Fintech Times

MAY 31, 2025

.” Founded in Singapore in 2021, Finmo’s all-in-one platform offers real-time payment capabilities, cash flow visibility, foreign exchange (FX) risk management, compliance automation, and liquidity optimisation. Finmo holds a Major Payment Institution (MPI) licence from the Singaporean authorities.

APACS

Fintech News

AUGUST 4, 2024

HashKey Technology Services (HashKey OTC), the over-the-counter trading arm of HashKey Group, has been granted a Major Payment Institution license by the Monetary Authority of Singapore (MAS). This license enables HashKey OTC to provide digital payment token (DPT) services in Singapore.

SWIFT

Fintech News

NOVEMBER 6, 2024

Singapore-headquartered payment institution FOMO Pay has partnered with global financial services provider BNY to enhance USD payment services for corporate clients. The collaboration integrates BNY’s payment infrastructure with FOMO Pay’s offerings.

Multi-Currency

Fintech News

NOVEMBER 10, 2024

QCP Trading, a provider of over-the-counter (OTC) spot trading services for digital assets, has been granted in-principle approval for a Major Payment Institution (MPI) license by the Monetary Authority of Singapore (MAS). ” added Melvin Deng, Chief Executive Officer of QCP Trading.

Regulations

Fintech Finance

MARCH 13, 2025

Atoa Payments Limited, a leading provider of open banking-enabled payments, has secured regulatory approval from the UK Financial Conduct Authority (FCA) to operate as an Authorised Payment Institution (API). Payment Account Information Services – Providing real-time transaction data insights for businesses.

Payments Institute

Fintech News

MAY 28, 2024

As part of this expansion, B2C2 shared that it will apply for a Major Payment Institution license from the Monetary Authority of Singapore. Backed by the Japanese financial services group SBI, B2C2 offers credit, deep liquidity, competitive pricing, and market-leading settlement services to institutional clients.

APACS

Fintech News

FEBRUARY 28, 2024

HashKey Technology Services, the over-the-counter (OTC) trading division of the HashKey Group , has secured in-principle approval from the Monetary Authority of Singapore (MAS) for its application for a Major Payment Institution license. This license will enable HashKey OTC to provide digital payment token services.

Accreditation

Fintech News

JULY 16, 2024

StraitsX, a digital asset payments infrastructure provider in Southeast Asia, has received Major Payment Institution (MPI) licenses from the Monetary Authority of Singapore (MAS). and StraitsX Payment Services Pte. The licenses were issued to StraitsX USD Issuance Pte. StraitsX SGD Issuance Pte. Additionally, Xfers Pte.

Stablecoins

Fintech News

DECEMBER 13, 2023

Singaporean payment institution FOMO Pay and United Arab Emirates’ digital bank Zand have partnered to improve cross-border payment efficiency between Asia and the Middle East and North Africa (MENA) region. ” said Zack Yang, Co-founder of FOMO Pay.

Cross-Border Payments

Fintech News

AUGUST 12, 2024

Global payments company Nium is enhancing its presence in Latin America, with a focus on expanding its operations in Brazil. The company has recently applied for a Payment Institution License in Brazil, which will allow it to offer payment services, including managing funds in BRL and facilitating real-time payments through the Pix system.

Cross-Border

Fintech Finance

DECEMBER 5, 2024

By collaborating with Rain, BitGo, and Visa, Nuvei delivers a seamless and secure blockchain payment experience that empowers LATAM merchants to use their physical or virtual card supported by Visa to make payments using stablecoins from a digital asset wallet anywhere Visa is accepted. .

Payment Solutions

Fintech News

JANUARY 9, 2024

This ecosystem is expected to address the needs of institutional investors, offering solutions like reduced risks in counterparty and settlement, and capital efficiencies through innovative risk management processes.

Risk Management

Fintech News

JUNE 12, 2024

The G20 Roadmap for Enhancing Cross-border Payments of the Financial Stability Board (FSB) also lists them as a key priority for enhancing such payments. This needs to be sorted out for multilateral payment platforms to fully harness the benefits of interoperability through multilateral payment platforms.

Cross-Border Payments

Fintech News

JANUARY 24, 2024

Each license allows the holder to conduct multiple specific payment services. Data from MAS’ Financial Institutions Directory show that as of August 01, 2022, 231 Money-Changing, 13 Standard Payment Institutions, and 175 Major Payment Institution licenses had been issued.

Service Provider

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. BS2 also joined Nium’s network of partner banks, acting as Nium´s Brazilian Real (BRL) Correspondent Bank and assisting real-time payment settlement for cross-border Pix transfers.

Real Time Payments

Fintech Finance

JUNE 4, 2025

Kraken , one of the longest-standing, most liquid, and secure crypto platforms, has chosen Ivy as a new instant payment provider in Europe. Ivy’s payment platform is one of the de facto standards for European crypto leaders, offering crypto-native accounts, real-time deposits, withdrawals, and settlement in stablecoins.

IBAN

Fintech Finance

MAY 28, 2025

Founded in Singapore in 2021, Finmo ‘s all-in-one platform offers real-time payment capabilities, cash flow visibility, foreign exchange (FX) risk management, compliance automation, and liquidity optimisation. Finmo holds an Major Payment Institution (MPI) license from the Singaporean authorities and is committed to expanding globally.

APACS

The Fintech Times

MARCH 13, 2025

Recognising increasing demand across the Middle East from crypto-native firms and traditional financial institutions, Ripple aims to address many of the challenges traditionally associated with cross-border payments – such as high fees, long settlement times, and lack of transparency.

Cross-Border

The Fintech Times

AUGUST 13, 2024

Nium , the global real-time cross-border payments provider, is looking to strengthen its presence in Latin America by applying for new payment licenses, joining fintech associations, growing its team, and signing new customers.

Cross-Border Payments

Finovate

FEBRUARY 14, 2024

Decentralized finance company Ripple acquired Standard Custody & Trust Company, a firm that offers institutional-grade custody, escrow, and settlement platform for digital assets. Additionally, Ripple has recently partnered with HSBC, BBVA, and Zodia Custody, and launched its payments offering in Africa.

Acquirers

Fintech News

JULY 3, 2024

A snapshot of Singapore’s crypto landscape According to the latest report by Triple-A, a licensed cryptocurrency payment institution, Singapore boasts one of the highest cryptocurrency ownership rates globally. This places the island nation significantly above the worldwide average of 6.8

Financial Literacy

The Fintech Times

JULY 2, 2024

Their unified ecosystem replaces banks’ “creaky old core systems with a cloud-based powerhouse that streamlines debt collection workflows from start to finish” Company updates Global fintech Conotoxia introduces three more settlement currencies for multi-currency cards.

FinTech

Fintech Review

OCTOBER 7, 2024

By offering greater financial inclusion and opening access to new markets, XSGD will drive digital asset adoption and accelerate innovation in cross-border payments. 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.

Cross-Border Payments

FICO

JULY 29, 2020

The six month pause on payments instituted by Australian Banks was certainly not designed to accommodate the situation we now find ourselves in. This all points to the likelihood of a protracted period of economic uncertainty as governments act to contain outbreaks when, and where, they appear.

Assessments

The Fintech Times

JUNE 5, 2025

.” BVNK partners with LianLian Global to bring real-time stablecoin payments to 100 markets LianLian Global , a cross-border payments provider, has joined forces with BVNK , a UK-based stablecoin payments platform, to offer stablecoin payment capabilities to merchants in more than 100 countries.

ISO 20022

The Fintech Times

MARCH 20, 2024

Furthermore, UnionPay will enhance collaboration with banks and payment institutions, expedite payment code interoperability, strengthen partnerships with Chinese clearing institutions, and further engage in consultations with other international card schemes to jointly establish a convenient, open and inclusive payment ecosystem.

Use Case