Open Banking Excellence

MARCH 15, 2024

A look at four of Australia’s Open Energy use cases While the world has taken Europe’s lead on Open Banking, Australia started with an economy-wide approach informed by the Consumer Data Right (CDR), which implemented economy-wide Open Data.

Use Case 147

Use Case Non-Bank Consumer Accreditation 147

PYMNTS

JANUARY 21, 2020

These are still early days but trends are coming together — and expectations are rising, thanks not only the evolution of AR and VR technology, but the coming deployments of 5G mobile network ecosystems. The spread of VR and AR technology is not confined to physical retailers, either — eCommerce giants are getting into the game as well.

Use Case 84

Use Case Addressing Research Technology 84

The Fintech Times

SEPTEMBER 17, 2024

Xalts explained that, through its partnership with Avalanche, it will provide out-of-the-box solutions for various use cases such as the tokenisation of funds, securities, commodities and trade finance assets, digital currencies, and CDBCs.

Multi-Currency 64

Multi-Currency Blockchain Use Case Digital Currency 64

Fintech News

OCTOBER 16, 2024

Swift aims to address the growing sophistication of financial criminals and the rising cost of fraud, estimated at US$485 billion globally in 2023. The initiative is part of Swift’s broader efforts to use AI to improve the security of cross-border payments.

Fraud Detection 105

Fraud Detection SWIFT AI Financial Crimes 105

Fintech Finance

OCTOBER 8, 2024

WadzChain Network, a global leader in innovative blockchain technology, announced today the launch of one of the world’s first hybrid blockchains intending to transform global payments for businesses. The blockchain is perfect for diverse businesses and use cases, from small startups to large enterprises.

Global Payments 124

Global Payments Blockchain TPS Interoperability 124

Fintech Finance

OCTOBER 15, 2024

Developed by TRANSFOND, RoPay is an instant mobile payment initiation service that enables direct account-to-account transfers (A2A), utilizing technologies such as QR code scanning, deep links, NFC (contactless), or mobile numbers as proxies (aliases) for IBANs.

Instant Payments 98

Instant Payments Online and Mobile Banking Processors Payments 98

The Fintech Times

OCTOBER 9, 2024

According to Xalts, RWA Cloud provides out-of-the-box solutions that enable financial services, governments, and other enterprise developers looking to build digital asset platforms for implementing blockchain, tokenisation, and smart contract applications for different use cases.

Blockchain 52

Blockchain Use Case Treasury Management Governance 52

Finovate

AUGUST 29, 2024

In today’s Streamly Snapshot, we’re bringing you two conversations that offer a view into real-life AI use cases in the financial services space. While it is seemingly impossible to do business without running into a discussion on AI, separating what is hype from what is practical and useful can be difficult.

AI 52

AI Finance Use Case Addressing 52

Fintech Finance

AUGUST 14, 2024

Ant International’s Whale platform is its next-generation treasury management solution that utilises blockchain technology, advanced encryption and artificial intelligence to improve the efficiency and transparency of fund movements between bank accounts. The solution is one of the industry applications tested under Project Guardian.

Liquidity Management 98

Liquidity Management Treasury Multi-Currency Cross-Border Payments 98

FICO

DECEMBER 8, 2022

Addressing Portfolio Risk in Economic Uncertainty: Part 3 (2022). To carry the use case forward a bit, let’s first consider exposure portfolio management in an unstressed environment. Addressing Portfolio Risk in Economic Uncertainty: Part 3 (2021). Addressing Portfolio Risk in Economic Uncertainty: Part 4 (2021).

Addressing 52

Addressing Risk Credit Limit Risk Management 52

PYMNTS

MARCH 11, 2020

In China, venture capitalists have placed $36 million in Fenbeitong , a business expense management startup that recently introduced virtual card (v-card) payment capabilities to augment its product offering, the latest example of FinTechs exploring how to combine commercial card technology with value-added tools like spend analysis.

Use Case 52

Use Case B2B Commercial Card Cross-Border 52

The Fintech Times

SEPTEMBER 20, 2024

In a wide-ranging discussion, Heath Behncke, managing director of Holon , shared his insights on how developments in technology, energy efficiency and the role of blockchain is enabling more transparent and trustworthy data management. “The data custodian part of this is really interesting to me,” he said.

Blockchain 59

Blockchain Bitcoin Compliance Addressing 59

Fintech News

AUGUST 12, 2024

DBS Treasury Tokens aim to address the needs of large corporations like Ant International, which operate across multiple markets. This launch underscores how established financial institutions can utilise blockchain technology to offer advanced, 24/7 banking services.

Treasury 95

Treasury Blockchain Cross-Border Payments Multi-Currency 95

Fintech News

JUNE 18, 2024

The advancement of generative artificial intelligence (gen AI) has opened up new commercial, social, and technological opportunities. The document, released in May 2024, outlines challenges associated with gen AI and shares a comprehensive gen AI risk framework to guide financial institutions in using the technology in a responsible manner.

AI 115

AI Use Case Risk Deepfake 115

Fintech News

APRIL 16, 2024

But in order to leverage the benefits of gen AI, risk and compliance functions must establish clear guidelines and frameworks that not only address inbound risks from gen AI but which also ensure the responsible usage of gen AI, a new paper by McKinsey says. Financial services companies are also ramping up investments in gen AI.

Risk Management 111

Risk Management AI Risk Use Case 111

Fintech Finance

JANUARY 12, 2024

Artificial Intelligence (AI) has grabbed the spotlight, with around $190 billion being invested in this trailblazing technology. Backed by nearly three decades of domain knowledge and proven delivery processes, Opus Technologies has launched FinGeniusAI Solutions, an open innovation platform for the banking and payments industry.

AI 52

AI Credit Union Use Case Innovation 52

The Fintech Times

OCTOBER 21, 2024

As industries rethink how they use technology, the challenge for many companies lies not just in adopting new tools but in ensuring they create real value. Investments At the heart of ZainTECH’s mission is the pursuit of value extraction from technology investments. As Hanna explained: “It’s B to B.

Innovation 52

Innovation Use Case AI Technology 52

NFCW

JULY 17, 2024

“The commitments address the Commission’s competition concerns relating to Apple’s refusal to grant rivals access to a standard technology used for contactless payments with iPhones in stores (‘Near-Field-Communication (NFC)’ or ‘tap and go’).”

Payment Service Provider (PSP) 74

Payment Service Provider (PSP) Use Case Legal Agreements 74

Fintech Finance

SEPTEMBER 6, 2024

Lithic , a leading card issuing technology company known for enabling growth-oriented businesses with bespoke card programs and seamless money movement, today announced its expansion into the Canadian market. This marks Lithic’s first entry into a non-U.S. This marks Lithic’s first entry into a non-U.S.

Process 98

Process Cross-Border Non-Bank FinTech 98

The Fintech Times

MAY 14, 2024

The solution addresses the main challenges banks face in deploying and integrating this type of technology with their existing data infrastructure, while also addressing their data security and privacy concerns. Temenos generative AI also enables users and regulators to verify the results produced.

AI 122

AI Financial Crimes Audit Crime 122

Fintech News

MARCH 25, 2024

Swift’s CBDC sandbox is aimed at testing the interlinking solutions for CBDCs, focusing on more sophisticated use cases like digital trade, tokenised assets, FX networks, and payment systems. They show that institutions can continue to use much of their existing infrastructure alongside new, innovative technologies.”

CBDC 106

CBDC SWIFT Interoperability Settlement 106

Fintech News

JANUARY 30, 2024

Nuvei aims to continue exploring collaborative opportunities with Microsoft across various geographies and use cases. Integrating our payments technology to the market leader in ERP directly connects us to thousands of businesses and millions of users across the globe in a market with substantial total addressable market (TAM).

Reconciliation 109

Reconciliation Near Real-Time Payments Real Time Payments 109

Fintech News

MAY 13, 2024

The AI technology is designed to be seamlessly integrated with banks’ existing data infrastructures and addresses common challenges related to data security and privacy. The Generative AI technology by Temenos is versatile, applicable across customer service, middle office operations, and product development.

AI 102

AI Financial Crimes Crime Mitigation 102

Fintech Finance

JANUARY 11, 2024

Faster Payments Council (FPC) , a membership organization devoted to advancing safe, easy-to-use faster payments in the United States, today published its latest research report, titled The Practicalities of Cross-Border Payments in a Faster Payments World. “The evolving nature of cross-border payments demands a proactive approach.

Cross-Border Payments 93

Cross-Border Payments Cross-Border Faster Payments ISO 20022 93

The Finance Weekly

DECEMBER 12, 2021

Companies may use data to make better decisions, gain a better understanding of market trends and customers, create smarter products and services, improve corporate operations, and generate new revenue streams. But what does this mean for those tasked with evaluating the return on investment of a data strategy and business use cases?

Use Case 90

Use Case Privacy Assessments Returns 90

Fintech News

MAY 8, 2024

As digital technologies continue to transform the financial landscape, central banks worldwide are exploring the potential of Central Bank Digital Currencies (CBDCs). To address these objectives, the BOT conducted the pilot test within a confined environment, divided into the Foundation Track and the Innovation Track.

CBDC 120

CBDC Bots Real Time Gross Settlement (RTGS) Non-Bank 120

Fintech News

FEBRUARY 27, 2024

audax Financial Technology, backed by Standard Chartered, and Thought Machine, a cloud-native banking technology company, have announced a strategic partnership aimed at reshaping the banking technology arena.

Facilitators 102

Facilitators On-Demand Use Case API 102

Fintech News

JULY 7, 2024

As Southeast Asia’s digital economy continues to surge, businesses are seeking robust technological solutions to support their growth. Projections suggest that the burgeoning ASEAN digital economy will contribute an additional US$1 trillion to the regional Gross Domestic Product (GDP) over the coming decade.

Database 117

Database Economy On-Demand Innovation 117

Finovate

MAY 13, 2024

The GenAI tools allow bank employees to use natural language to query the engine, which will leverage banks’ data to generate unique insights and reports. Banking technology provider Temenos launched Responsible Generative AI Solutions for financial services this week.

AI 105

AI Financial Crimes Audit Crime 105

PYMNTS

DECEMBER 10, 2020

But for B2B payment solution providers, the need for speed was coupled with another challenge: Technologies had to be built to address new and emerging use cases as payment scenarios were rapidly altered, perhaps permanently. Customers now have to adapt a lot faster to new use cases.".

Security 106

Security B2B Use Case Payment Solutions 106

The Fintech Times

MAY 16, 2024

However, the idea that digital assets are exclusively some form of currency is slowly falling by the wayside as different use cases are emerging and being rapidly adopted. We’ve seen more and more use cases across many different fields, for example, finance, social media and games.

Innovation 80

Innovation Blockchain Stablecoins AI 80

Fintech Finance

MAY 28, 2024

Traditional finance entities get an opportunity to delve into the blockchain realm, offering their customers new solutions that blend the reliability of traditional systems with the efficiency of blockchain technology. Blockchain technology, exemplified by Gnosis Chain, provides transparency that makes digital payments more efficient.

Digital Currency 110

Digital Currency Debit Card Blockchain Money Laundering 110

Finovate

FEBRUARY 1, 2024

The agenda is packed with fintech’s most relevant topics and features 36 companies that will demo their new technology on stage in Finovate’s signature 7-minute demo format. She is an expert in synthetic media, deepfakes, disinformation, cybersecurity, and the geopolitics of technology.

Metaverse 52

Metaverse Deepfake AI Authorization 52

The Fintech Times

JUNE 25, 2024

In this week’s In Profile, Barta shares insights into the company’s mission, recent achievements and the future of digital asset management and blockchain technology. I’ve always been attracted to driving the forefront of innovation and cutting-edge technology, which is what led me to join Fireblocks last year.

Blockchain 59

Blockchain Visa Use Case FinTech 59

Fintech Finance

JUNE 11, 2024

Licensed as an Electronic Money Institute by the Financial Conduct Authority in the UK, its programmable, embedded e-wallet solution covers platform payment needs, from pay-in to payout, including currency conversion solutions and AI-driven fraud prevention technology.

Multi-Currency 98

Multi-Currency Product Fraud Prevention Payments 98

The Fintech Times

AUGUST 14, 2024

This was almost 10 per cent higher than all Singaporeans surveyed (76 per cent) who are aware of this technology. Use outside of banking There is also high interest by Singapore consumers to use gen AI for money management. Eighty-four per cent are aware of gen AI and its potential applications.

AI 75

AI Consumer Fraud Detection Payments 75

Fintech Finance

FEBRUARY 8, 2024

One of Sweden’s fastest-growing fintechs, Brite announced a $60 million fundraise in October 2023 and is expanding its presence in markets across Europe in 2024, while investing in its technology stack – most notably Brite Instant Payments Network (Brite IPN) , the company’s proprietary network for processing instant payments.

Instant Payments 52

Instant Payments Best Practices Payments Addressing 52