Fintech News

JULY 9, 2024

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. Fave has previously contributed to the development of Singapore’s fintech ecosystem, notably participating in MAS’ SGQR+ Proof of Concept to improve QR payment interoperability.

Interoperability 106

Interoperability Payments Payments Institute Facilitators 106

Fintech Finance

SEPTEMBER 25, 2024

The two companies will join forces to offer a one-stop payment acceptance solution for payment service providers and merchant acquirers to create a seamless and secure payment ecosystem for processing domestic and cross-border payments.

ISO 20022 104

ISO 20022 Cross-Border Payments Stop Payment Acquirers 104

Fintech News

NOVEMBER 6, 2024

Building on the success of the SGQR+ initiative led by the Monetary Authority of Singapore (MAS), roamQR will enable interoperability between various e-wallets, mobile payment apps, and national QR networks. This many-to-many approach fosters competition, driving improvements and innovation that benefit both consumers and merchants.

PCI DSS 106

PCI DSS Cross-Border Payments Interoperability Push-to-Card 106

The Fintech Times

MARCH 27, 2025

can be seamlessly integrated into a variety of worldwide payment solutions and enables merchants to eely integrate their preferred providers for payment processing, acquiring, fraud management, tokenisation, vaulting, 3DS authentication, and more. With an Apache 2.0

Due Diligence 59

Due Diligence Alternative Payment Methods Authentication Fraud Prevention 59

Finovate

NOVEMBER 1, 2024

The firm, Nigeria’s largest merchant acquirer, announced this week that it has raised $110 million in a funding round led by private equity firm Development Partners International (DPI). Africa’s newest fintech unicorn raises $110 million African fintech Moniepoint is the continent’s latest fintech unicorn.

Financial Inclusion 111

Financial Inclusion Cross-Border FinTech Visa 111

PYMNTS

JULY 30, 2018

It’s not always easy to tell the difference between the meaning of integrations and interoperability: Integrations are systems connected in the same way, while systems that are interoperable work together, but remain different. I don’t have to know ahead of time how you received it. It just works.”.

Interoperability 43

Interoperability Credit Cards Payments ACH 43

Finovate

FEBRUARY 5, 2025

The company was acquired by fellow Finovate alum Mambu in December. “The European Payments Council’s VOP scheme ensures interoperability across PSPs and countries by default, and our solution helps financial institutions comply with the scheme requirements on time, with minimal resources.”

Payee 59

Payee Verification API Payer 59

PYMNTS

AUGUST 7, 2019

“We obviously expect that the collective set of technology and the services that we’re buying can be further exported more widely across Europe and into other markets,” he said, with the goal to create an interoperable market of payments schemes that can facilitate account to account payments, in real time, across countries.

Visa 77

Visa Acquirers Real Time Payments ISO 20022 77

PYMNTS

MARCH 4, 2020

TerraPay, a Dutch FinTech, has been acquired by a number of investors, including Prime Ventures, Partech Africa and management for an undisclosed amount. A big part of the problem is the number of mobile money providers with no interoperability between networks. Along with IFC, those same entities have invested $9.6

Acquirers 67

Acquirers FinTech Cross-Border Payments Cross-Border 67

Fintech Finance

SEPTEMBER 19, 2024

This year saw another first, with the launch of HSBC Gold Token for retail investors in Hong Kong, allowing them to acquire fractional ownership of physical gold. This included the capability to convert HSBC’s gold tokens into ERC-20 fungible tokens, thereby enhancing distribution and interoperability with other DLTs and digital wallets.

Distributed Ledger Technology (DLT) 96

Distributed Ledger Technology (DLT) Technology Interoperability Cybersecurity 96

Payments Source

OCTOBER 12, 2016

CHICAGO -- At some point, the Federal Reserve Bank's three-year journey to create a faster payments system in the U.S. will run head long into one of its major challenges -- making sure it can operate within all networks.

Interoperability 74

Interoperability Federal Reserve Faster Payments Payments 74

PYMNTS

DECEMBER 18, 2017

“If I send you a message, there is all kinds of interoperability happening in the background that is moving the data from one network to another and one platform to another. What it should be focused on instead is how to make payments systems interoperable. Integrations Vs. Interoperability.

Interoperability 47

Interoperability Payments Payee Bitcoin 47

Payments Source

APRIL 13, 2016

migration to EMV chip technology – intended to reduce card fraud, provide global interoperability, and enable safer payment transactions – may prove to be a valuable move for more than just the payments industry.

EMV 106

EMV Interoperability CHIPS Payments 106

The Payments Association

JANUARY 22, 2025

Additionally, standardisation of digital IDs is required to ensure they are interoperable with TSA systems. Across the industry, well need to see collaboration for secure, interoperable solutions that meet global standards. Security does allow passengers to opt out of any biometric identification.

Security 88

Security Online and Mobile Banking Credential Verification 88

Fintech News

NOVEMBER 6, 2024

The POC demonstrated the feasibility of an interoperable QR payment system in Singapore. Built on the Hawkers Go Digital model, NETS facilitates the rollout through a “master acquirer track,” allowing merchants to consolidate payment schemes under a single provider.

Interoperability 107

Interoperability Cross-Border Payments Reconciliation Participant 107

PYMNTS

JUNE 24, 2020

The partnership is “the next step toward the development of sustainable and scalable interoperable payment options,” said Ambar Sur , founder and CEO of the global payments infrastructure company. “Interoperability is key to a digitally connected payments ecosystem.”. Along with IFC, those same entities have invested $9.6

Interoperability 97

Interoperability Payments Financial Inclusion FinTech 97

Fintech Finance

MARCH 25, 2025

The enhanced offering will enable Traveltek to access BR-DGE’s impressive modular payments capabilities, including payment method connectivity, tokenisation, dynamic smart routing and multi-acquiring, and data analytics through a single integration into BR-DGE’s platform.

Payments 65

Payments Volume Interoperability Gateways 65

Payments Source

OCTOBER 17, 2018

Visa is expanding its Visa Token Service commercially with 20 acquirer/gateway partners it feels can immediately add scale for using interoperable Visa tokens in addition to the partners' own as credential-on-file token requestors.

Interoperability 69

Interoperability Credential Gateways Acquirers 69

Fintech Finance

SEPTEMBER 17, 2024

ISO 20022 is the global messaging standard for financial messages, designed to enable interoperability between financial institutions and other market players. The move comes as part of its offering to simplify reconciliation and enhance data standardisation for its global payments client base.

ISO 20022 105

ISO 20022 ISOs Reconciliation Message Standards 105

Fintech News

MAY 27, 2024

MVP in production: interoperability of CBDC, banks, and card networks Astana, the capital of Kazakhstan. Corda, a blockchain and tokenization platform developed by R3, a provider of digital currency, digital asset, and integration and interoperability solutions, became the cornerstone of the Digital Tenge infrastructure.

CBDC 129

CBDC Transactions Payment APIs and Integration Cross-Border 129

The Paypers

JANUARY 16, 2025

Prove , a company specializing in mobile-based identity verification and authentication, has acquired Portabl , a digital identity firm focused on reusable ID verification and interoperability.

Verification 36

Verification Acquirers Interoperability Authentication 36

Fintech Finance

SEPTEMBER 25, 2024

In 2024, to support the needs of its customers, Checkout.com added Visa and Mastercard direct acquiring in Japan and continued to grow its global payment method offering, with the notable addition of Bizum in Spain and Venmo in the United States.

Continuity 98

Continuity Product Payment APIs and Integration API 98

Fintech News

APRIL 7, 2024

Moreover, the stablecoin’s design for multichain compatibility, initially available on the XRP Ledger and Ethereum, underscores Ripple’s commitment to interoperability across different blockchain ecosystems. said Brad Garlinghouse, CEO of Ripple.

Stablecoins 120

Stablecoins Use Case Blockchain Regulatory Compliance 120

Tearsheet

APRIL 22, 2024

A recap of how the service works: To enable cross-platform interoperability, participating wallets introduce a new user flow that allows eligible consumers to set up or enable a unique Visa+ payname account. It then initiates an OCT push payment through its acquirer to the receive-only Visa token.

Venmo 98

Venmo PayPal Payment APIs and Integration P2P 98

Fintech Finance

JULY 3, 2024

As the leading acquirer in the region, Network will leverage its 30-year legacy of technological innovation to enable acceptance of UPI-based payment apps to its merchants to drive global interoperability.”

Point-of-Sale (POS) 98

Point-of-Sale (POS) Cross-Border Payments International Payments Cross-Border 98

Faster Payments Council

NOVEMBER 3, 2019

Collaboration with Glenbrook Partners Uncovers Key Industry Views on Faster Payments Advancements; Need for Ubiquity, Interoperability, Strong Dispute Resolution The U.S. Industry Support for Interoperability Survey respondents were asked how important it is to achieve interoperability across compatible faster payments systems in the U.S.

Faster Payments 68

Faster Payments FPC Interoperability Payments 68

Fintech Finance

JULY 17, 2024

It leverages user recognition, network tokenization and global interoperable standards to provide consumers with a seamless, more secure checkout. Click to Pay is an innovative payment solution, designed to simplify the guest checkout by eliminating the need for passwords and entering card details manually.

Visa 98

Visa Interoperability Encryption Processing Costs 98

PYMNTS

DECEMBER 15, 2016

The tough part is, open wallets aren’t really open unless there’s a mechanism to make them interoperable.”. It is also, as Visa VP of Digital Solutions Vish Shastry noted, consistent with the many other collaborative efforts that the networks have pursued in the name of open, interoperable payments standards — from mag stripe cards to NFC.

Visa 95

Visa Payment APIs and Integration Credential Push-to-Card 95

The Fintech Times

JULY 30, 2024

Through this collaboration, merchants will be able to leverage embedded finance services across the payments value chain from Fabrick, which are enhanced by Shift4, an acquirer capable of providing advanced services and driving market innovation through a multichannel approach.

Embedded Finance 59

Embedded Finance Finance Interoperability Payments Institute 59

Faster Payments Council

FEBRUARY 2, 2022

The 2021 Faster Payments Barometer was broadly circulated to the industry at large and received responses from a wide range of payments stakeholder segments including financial institutions, core processors, payment network operators, business end users, acquirers, fintechs, and more. The survey was conducted last Fall.

Faster Payments 68

Faster Payments FPC Interoperability Cross-Border 68

Fintech News

SEPTEMBER 17, 2024

Merchant acquiring solutions, including offline and online options like QR code payments, payment aggregators and payment gateways, also saw substantial growth of more than 25%, spurred by regulatory initiatives, rising QR penetration, and the entry of new players.

Digital Payments 107

Digital Payments Credit Cards Online and Mobile Banking Payments 107

The Fintech Times

DECEMBER 15, 2023

Today our selection of leaders discuss the evolving payment landscape in 2024, touching on trends like convergence of personal and corporate payments, real-time cross-border payments, interoperability’s influence, and the significance of orchestration in streamlining payments in the travel sector.

Cross-Border 59

Cross-Border Cross-Border Payments Interoperability Payments 59

PYMNTS

FEBRUARY 26, 2020

Financial institutions have relied on their own IT systems, operations teams, the SWIFT messaging service and domestic payment schemes to acquire, construct, screen, relay and report customer payments. These infrastructures and processes form the backbone of the global correspondent banking model. A Gradual Move With Big Benefits.

ISO 20022 104

ISO 20022 ISOs SWIFT Cross-Border Payments 104

The Fintech Times

MARCH 18, 2025

With its newly acquired PI license and a robust pipeline of innovative products, PagBrasil is set to play a significant role in shaping the future of cross-border payments and the Latin American domestic economy. Interoperability between these instant payment systems is also a key trend that will contribute to more connected global commerce.

Online and Mobile Banking 64

Online and Mobile Banking Central Bank Cross-Border Instant Payments 64

PYMNTS

MARCH 6, 2019

Product debuts from FinTech firms sometimes come out of an evolution: Modo has been facilitating interoperability for banks for a few years. The merchant then might get an email from an acquirer saying that it can receive their payments less expensively if they use that service.

FinTech 72

FinTech Payment APIs and Integration Payments Interoperability 72

Fintech News

FEBRUARY 19, 2024

Visa saw great value in that and became a partner and investor in 2020, before acquiring us in 2021 ,” said Rohit. In 2021, Visa acquired Currencycloud in a deal valued at US$963 million, with the primary aim of enhancing transparency, flexibility, and control in cross-border payments.

Cross-Border 114

Cross-Border Cross-Border Payments Multi-Currency Payment APIs and Integration 114

Finovate

MARCH 7, 2025

Its focus on creating a unified, pan-European payment solution, fostering instant payments, acquiring established players like iDEAL and Payconiq, and advocating for regulatory changes positions it as a future leader in European payments. Here is our look at fintech innovation around the world.

Payments 52

Payments Push-to-Card Online and Mobile Banking P2P 52