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Armenia Advances Digital ID Scheme as Part of Open Data Vision

Open Banking Excellence

Once the services go live, they will be regularly monitored using analytics and citizen feedback mechanisms to ensure continuous improvement. This has been one of the most important success factors in our digital transformation programme and will continue as we advance with the initiative. Another challenge is interoperability.

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Thunes Enables Global Payments to Mastercard, Visa, and UnionPay Cards

Fintech News

This service also offers interoperability for real-time global money movement, making it easier for Thunes’ members to conduct transactions worldwide. Floris de Kort “This is a significant milestone for Thunes as we continue to expand the global reach of our Network and drive innovation in the global payments space.

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Cross-Chain Interoperability: The Future of Blockchain Networks

Fintech Review

However, one of the significant challenges it faces is interoperability between different blockchain networks. Cross-chain interoperability aims to address this issue, enabling seamless communication and transactions across various blockchain platforms. Interoperability is vital for several reasons.

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U.S. Faster Payments Council Publishes Report on Overcoming Usability Impediments to Instant Payment QR Code Adoption

Fintech Finance

One of the primary issues explored in the report is the lack of interoperability among various QR code presentation formats in the United States. The FPC continues to advance its mission of fostering the adoption of faster payments through collaboration, research, and industry-wide initiatives.

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Standard Chartered, Ant Complete First Blockchain-Based SGD Settlement

Fintech News

Mahesh Kini “We continue to invest in our platforms and upgrade to enable seamless interoperability and compatibility to support our clients in achieving instant access, visibility, and control of their liquidity and working capital. said Mahesh Kini, Global Head of Cash Management at Standard Chartered.

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BIS CPMI Takes Further Steps to Promote ISO 20022 Harmonisation for Enhanced Cross-Border Payments

Fintech Finance

Third, the CPMI will continue to engage with payment system operators and payment service providers to encourage them to implement the harmonised data requirements by end-2027. The post BIS CPMI Takes Further Steps to Promote ISO 20022 Harmonisation for Enhanced Cross-Border Payments appeared first on FF News | Fintech Finance.

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SNEAK PEAK: PAY360 state of payments survey 2024 findings revealed​

The Payments Association

The industry must focus on technological investments, enhancing security, and addressing regulatory and interoperability challenges to stay competitive. Furthermore, the survey highlights the key challenges faced by the industry, such as cyber-security threats and the need for interoperability between different payment systems.