article thumbnail

Fipto Secures Second Stablecoin Regulatory Licence in France to Improve Payments Cycle

The Fintech Times

Looking to bridge the world of fiat and digital currencies, Fipto , a blockchain-based payment infrastructure, is looking to make it easier for firms to integrate stablecoins and optimise existing global payment flows using blockchain. The firm is also a licensed Virtual Asset Service Provider (VASP) in Luxembourg.

article thumbnail

6 Asian Companies Recognized Among the World’s Most Promising in Cross-Border Payments

Fintech News

Its platform covers payments in 173+ countries with local payment options in 70+ markets and offers global business accounts in 60+ currencies. Triple-A is another Singaporean company included in FXC Intelligence’s Global Most Promising Cross-Border Payments Companies 2024 list.

article thumbnail

Decoding the FCA’s Safeguarding reforms: Practical steps for payments and E-money firms

The Payments Association

Payment service providers (PSPs) and e-money firms that demonstrate proactive compliance and robust safeguarding protocols position themselves as reliable and stable partners.

article thumbnail

German Government Selects Secupay and Episode Six Technology to Deliver Government Disbursements

Fintech Finance

Episode Six (E6), a leading global provider of enterprise-grade payment processing and ledger infrastructure, today announces a partnership with payment solutions and services provider Secupay to provide asylum seekers with payment cards, enabling them access to financial support from the German Government.

article thumbnail

What You Need to Know about Singapore’s Upcoming Shared Responsibility Framework

Fintech News

By holding these entities accountable, the SRF enhances consumer protection and provides clear avenues for victim recourse in cases of phishing-related losses. This inclusion acknowledges the increased risk of significant losses from e-wallets and mandates robust consumer protection controls.

Phishing 135
article thumbnail

Navigating the shift: How banks and PSP’s can thrive with PSD3 and PSR in the EU & UK

The Payments Association

PSD3 implementation schedule (2023-2026): What does this mean for banks and payment service providers? Extended liability for payment institutions: With stricter fraud liability rules, banks, payment service providers, and electronic communication providers face greater accountability.

article thumbnail

When do crypto firms need additional EU licences for stablecoin transfers? EBA issues guidance on the interplay between PSD2 and MiCA

The Payments Association

1 The Opinion provides supervisory guidance to EU national competent authorities (NCAs) on the application of PSD2 to CASPs and recommendations for longer-term legislative alignment under the upcoming third EU Payment Services Directive (PSD3) and the accompanying EU Payment Services Regulation (PSR).