NFCW

DECEMBER 14, 2023

The offline P2P trial forms phase two of JCB’s ongoing CBDC pilot — known as JCBDC — and will test a system for making peer-to-peer digital currency transfers either from one physical card to another via an intermediary NFC mobile device or directly between NFC smartphones.

Digital Currency 120

Digital Currency Central Bank CBDC Transactions 120

The Fintech Times

FEBRUARY 26, 2024

As of December 2023, 130 countries, representing 98 per cent of global GDP, were exploring central bank digital currencies (CBDCs) according to the Atlantic Council ‘s CBDC tracker. The Bank of Canada recently released a report finding widespread public skepticism toward a CBDC.

Cross-Border Payments 145

Cross-Border Payments Cross-Border Digital Currency Central Bank 145

PYMNTS

JUNE 19, 2020

The Bank of Thailand plans to work on a new payment system for businesses using Central Bank Digital Currency (CBDC), according to a press release , which will be a step toward readying the business sector for the digital age. The release says the step will help CBDC reach wider audiences, beginning with corporate entities.

CBDC 98

CBDC Cross-Border Digital Payments Digital Currency 98

PYMNTS

JUNE 23, 2020

Business clients of HSBC Hong Kong can integrate instant electronic Direct Debit Authorization (eDDA) within their own systems to support real-time funds transfer, the bank said, without requiring those businesses to separately log in to their banking portals and set up direct debit instructions.

Federal Reserve 106

Federal Reserve RTP Payment APIs and Integration Fed 106

Fintech News

APRIL 28, 2024

Nium’s extensive portfolio includes licenses covering over 40 countries, with recent approvals including a Type 1 Funds Transfer Service Provider license in Japan, Prepaid Payment Instrument and Payment Aggregator licenses in India, and registration on New Zealand’s Financial Service Providers Register.

Payment APIs and Integration 114

Payment APIs and Integration Cross-Border Cross-Border Payments Financial Inclusion 114

M2P Fintech

MARCH 28, 2024

Automated Clearing House (ACH) The ACH is a central system for electronic fund transfers, facilitating swift, secure, and cost-effective movement of funds between financial institutions. Central Bank Digital Currency (CBDC) A CBDC represents a nation’s currency in digital form, administered directly by the central bank.

FinTech 59

FinTech Online and Mobile Banking Push-to-Card Payer 59

Clearly Payments

JANUARY 25, 2024

of businesses are embracing Electronic Funds Transfers (EFT) as their second most popular choice. Accepted Payment Method Percentage of Businesses Cheques 73.40% EFT 58.90% Cash 55.30% Credit Cards 54.40% Interac e-transfer 50.00% Debit Cards 38.50% Wire Transfer 15.20% Cash and credit cards also maintain popularity, with 55.3%

Process 105

Process Online and Mobile Banking Electronic Funds Transfer (EFT) Digital Currency 105