The Payments Association

APRIL 7, 2025

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.

Financial Crimes 88

Financial Crimes Interoperability Crime Payments 88

Faster Payments Council

JUNE 11, 2020

While we're well on our way to establishing a thriving faster payments ecosystem, we recognize we're still missing a key factor that can contribute to achieving ubiquitous faster payments: interoperability. 53% of respondents expressed the lack of interoperability as a key barrier to faster payments adoption.

Interoperability 68

Interoperability FPC Ubiquitous Faster Payments 68

Fintech Finance

NOVEMBER 27, 2024

Leading on building an open and interoperable future for merchants worldwide, Primer has achieved significant milestones in product innovation and senior team hires in 2024 to meet the evolving needs of global enterprises. Combined with its enhanced Monitors App, merchants can monitor and detect payment issues before they happen.

APACS 90

APACS Interoperability Push-to-Card Payments 90

PYMNTS

APRIL 29, 2019

An interoperable cross-border solution could remove these frictions and provide smooth transfers between two real-time payment systems, while a single, globally accessible faster payments service could offer swift end-to-end transfers. Smooth communications between players must be supported if payment schemes are to be interoperable.

Interoperability 77

Interoperability ISO 20022 Instant Payments Cross-Border 77

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. Continued growth and global expansion With the global digital economy estimated to be growing 2.5

Continuity 98

Continuity Product Payment APIs and Integration API 98

Open Banking Excellence

MAY 2, 2024

Today there is no doubt that Georgia has become an integral part of East-West exchanges,” the Prime Minister continued. Interoperability and international expansion A key strategic outcome from all our activities in this space is to drive the creation of business models which are scalable outside of Georgia.

Interoperability 147

Interoperability Payment APIs and Integration Central Bank Cross-Border 147

Fintech News

DECEMBER 22, 2024

In 2024, Singapore continued to solidify its position as a global fintech leader. Finally, the fintech startup ecosystem continued to diversify, a trend which is evident in the rapid growth of Web 3.0, Finally, the fintech startup ecosystem continued to diversify, a trend which is evident in the rapid growth of Web 3.0,

FinTech 108

FinTech Cross-Border Payments Cross-Border Money Laundering 108

The Fintech Times

APRIL 20, 2024

Additionally, it emphasises the importance of local champions, eID wallets, open finance , and the critical need for interoperability. The post Mobey Forum Notes Need for Interoperability and Open Finance in Uptake of Digital Wallets by Banks appeared first on The Fintech Times.

Interoperability 69

Interoperability Finance Facilitators Transactions 69

The Fintech Times

NOVEMBER 6, 2024

Ant International is also working with StraitsX to enable the efficiency and interoperability of payments made via PBM through the Whale platform, Ant International’s treasury management solution.

Product 101

Product Cross-Border FinTech Cross-Border Payments 101

Fintech News

JANUARY 15, 2024

Building upon SGQR, SGQR+ represents the next generation of interoperable payments for merchants., designed to align with the country’s vision of a seamless, accessible, and interoperable payments ecosystem. Here are five interesting takeaways gathered from the interoperable SGQR+ trials.

Interoperability 113

Interoperability Cross-Border Payments Financial Inclusion 113

Fintech Finance

APRIL 17, 2025

Swifts Case Management solution standardises the investigation process, leverages ISO 20022 data and the UETR standard to provide transparency and interoperability across networks. Swift is working to deliver instant and frictionless cross-border transactions, in line with the G20s roadmap for an enhanced cross-border payments experience.

Cross-Border Payments 52

Cross-Border Payments Cross-Border SWIFT ISO 20022 52

The Fintech Times

JANUARY 14, 2025

Tom Voaden , VP commercial at BR-DGE, also added: “At BR-DGE, were really excited about this new partnership with TrueLayer, so we can further advance interoperability in the payments ecosystem with the addition of Pay by Bank. “From ecommerce leaders like Ryanai r to JustEat and Lastminute.co

Interoperability 59

Interoperability Settlement Security Process 59

Fintech News

NOVEMBER 17, 2024

The pressure to stay ahead continues to mount as customers demand more immediate and user-friendly experiences. Oradian’s custom API capabilities improve system interoperability and scalability, allowing financial institutions to keep pace with evolving requirements and streamline financial workflows.

SWIFT 110

SWIFT API Underserved Interoperability 110

Fintech News

JUNE 12, 2024

Theme 1: Establishing Optimal Governance and Interoperability Frameworks Effective governance and interoperability frameworks will be crucial for managing the complexities of cross-border payments. One idea is to have a central system for checking payments against sanctions lists, which could make the process faster and simpler.

Cross-Border Payments 116

Cross-Border Payments Cross-Border Interoperability Payments 116

The Fintech Times

FEBRUARY 19, 2025

Blockchain-powered finance As the global demand for trusted, efficient, and interoperable digital payment solutions continues to accelerate, this partnership looks to set a new benchmark for the integration of blockchain-powered finance with institutional banking expertise, advancing the future of regulated, cross-border digital transactions.

Stablecoins 75

Stablecoins Cross-Border Cross-Border Payments Cash Management 75

The Payments Association

FEBRUARY 7, 2025

The report highlights how interoperability and B2B adoption will play a crucial role in the industrys next phase of growth. As the financial ecosystem continues to evolve, outdated systems are struggling to keep up with growing demand. For more details, access the full report here: TerraPay Report

Cross-Border Payments 88

Cross-Border Payments Cross-Border Interoperability Payment APIs and Integration 88

The Fintech Times

FEBRUARY 26, 2024

These include the translation of currency values into digital form, ensuring settlement times and interoperability in payments, meaning the industry will need to consider alternative solutions.” China continues to promote use of its digital yuan , but for now its use in cross-border payments is quite limited.

Cross-Border Payments 145

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

Fintech News

FEBRUARY 28, 2025

However, BIS will continue providing technical advisory support, facilitating collaboration among members and potential new participants. Instead, a single connection enables interoperability across all participating nations. This move drastically reduces integration costs and accelerates the expansion of instant cross-border payments.

Cross-Border Payments 67

Cross-Border Payments Cross-Border ISO 20022 Payment APIs and Integration 67

Fintech Finance

APRIL 7, 2025

As instant payments adoption continues to grow, financial institutions, fintechs, and payment service providers face challenges in managing account information, ensuring interoperability, and mitigating fraud risks. “By securely connecting payers and payees, directories reduce friction and drive broader adoption.

Instant Payments 98

Instant Payments Faster Payments FPC Interoperability 98

Fintech Finance

APRIL 11, 2025

RedCompass Labs expert knowledge curators continuously annotate payments rulebook and scheme documents with expertise gathered from decades of project work, enabling the model to improve and deliver accurate responses to payments challenges as they emerge. AnalystAccelerator 2.5

ISO 20022 64

ISO 20022 AI ISOs Payments 64

The Payments Association

FEBRUARY 17, 2025

By facilitating secure data sharing and interoperability between financial service providers, open banking fosters competition, innovation, and greater accessibility for consumers worldwide. In the UK, Open Banking regulations have enabled new players to develop innovative financial solutions, benefiting small businesses and consumers alike.

Innovation 88

Innovation Cross-Border Financial Inclusion Payment APIs and Integration 88

The Payments Association

JANUARY 21, 2025

Table of Contents Voices from the industry: Insights into the 2024 payments landscape In 2024, we witnessed a convergence between consumer and B2B payments, driven by the rise of BNPL adoption, AI-powered fraud detection, and the continued digitalisation of payment platforms.

Payments Trends 88

Payments Trends Financial Crimes Cross-Border Payments 88

Fintech Review

SEPTEMBER 11, 2024

The Web3 Foundation , in partnership with Scytale Digital , has led the seed funding round for Hyperbridge , a groundbreaking protocol poised to transform blockchain interoperability. Unlike existing point-to-point bridge models, Hyperbridge introduces a hub model that scales verifiable interoperability across all chains.

Interoperability 52

Interoperability Blockchain Authentication Security 52

Fintech News

JULY 9, 2024

The company plans to continue rolling out innovative commerce products in partnership with Pine Labs. 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’s core offerings include Fave Pay, Fave Deals, and Fave eCards.

Interoperability 96

Interoperability Payments Payments Institute Facilitators 96

The Payments Association

OCTOBER 28, 2024

Complementing their technology advantage, fintech companies have also adopted agile development methodologies that prioritise rapid prototyping, continuous integration, and frequent customer feedback. Flexible, API-driven architectures, cloud-native infrastructure, and DevOps-driven deployment pipelines have been instrumental in this.”

Process 100

Process Payment APIs and Integration Processors Payments 100

Fintech News

MARCH 25, 2024

Specifically, in digital trade, the experiments proved the capability for interoperability among diverse digital networks, facilitating atomic trade payments. They show that institutions can continue to use much of their existing infrastructure alongside new, innovative technologies.”

CBDC 107

CBDC SWIFT Interoperability Settlement 107

The Fintech Times

APRIL 23, 2025

Juspay , a payment infrastructure solutions provider for enterprises and banks, is opening a new office in Singapore as it continues its international expansion. This expansion furthers our vision of making digital payments interoperable and accessible for everyone on a global scale.”

APACS 49

APACS Reconciliation Payment Gateways Interoperability 49

The Fintech Times

FEBRUARY 28, 2025

This means continuously updating and retraining their AI models to stay ahead of malicious actors. The ability to continuously feed data to support AI systems is a complex task that most organisations underestimate. “As cyber threats and fraud tactics evolve, fintech firms must remain vigilant.

AI 97

AI Regulations Best Practices Risk 97

Fintech Finance

OCTOBER 22, 2024

To capture this opportunity, TerraPay has also collaborated with 5 leading wallet operators to form an Interoperability Council. This is to enable participating wallets to interconnect and interoperate for multiple cross-border transaction types, including remittances and merchant payments. billion wallets.

Cross-Border 97

Cross-Border Interoperability Cross-Border Payments Digital Payments 97

Fintech News

JANUARY 13, 2025

This growth highlights the continued demand for seamless and secure transaction solutions, particularly in e-commerce and peer-to-peer payment platforms. The region witnessed the emergence of only one new unicorn: Polyhedra Network , an infrastructure provider for web3 interoperability.

FinTech 111

FinTech Cross-Border On-Demand Innovation 111

The Payments Association

MARCH 19, 2025

The high price of legacy in a payments-first world Banks that continue to rely on legacy infrastructure face mounting challenges: Limited scalability: Legacy tech wasnt built for real-time, cross-border, 24/7 payments or seamless integration with regional schemes.

Payment APIs and Integration 88

Payment APIs and Integration Innovation Cross-Border ISO 20022 88

Fintech News

MAY 29, 2024

In Singapore, this trend is expected to continue, with digital wallet usage projected to account for more than half of all online transactions by 2027, compared to 32% for credit cards, which is a decline from 42% in 2023. In 2023, e-wallets were used for 70% of online spending in the Asia-Pacific region.

Credit Cards 118

Credit Cards APACS Payments Interoperability 118

The Fintech Times

APRIL 16, 2025

With built-in interoperability, TerraPay connects various financial systems, from banks to mobile wallets, making it easier for businesses to scale and users to transact seamlessly on a global scale. Together, we are driving a new era of digital payments.”

Funds Transfer 49

Funds Transfer PayPal Cross-Border Cross-Border Payments 49

Fintech News

SEPTEMBER 10, 2024

Their growing popularity has spurred continuous financial innovation, such as the rise of buy now, pay later (BNPL). In the region, several countries have introduced cross-border QR code payment linkage, creating a unique interoperable ecosystem within ASEAN.

Cross-Border Payments 107

Cross-Border Payments Cross-Border APACS Interoperability 107

NFCW

NOVEMBER 20, 2024

CILAB CI230: Now able to validate EMV interoperability and payment acceptance on NFC devices PARTNER NEWS: The Cilab ci230 high speed test bench now includes support for testing NFC device compliance with EMVCo’s new reduced range testing process for contactless payments acceptance on standard NFC devices.

Contactless Payments 106

Contactless Payments EMV Interoperability Payments 106

Fintech Finance

SEPTEMBER 5, 2024

Stay tuned for more updates as Fidesmo continues to innovate and expand the availability of contactless services and interoperability with devices. This partnership underscores Fidesmo’s dedication to providing secure and scalable payment solutions and fostering a robust, interconnected ecosystem that benefits all stakeholders.

Contactless Payments 98

Contactless Payments Interoperability Payments Issuers 98

PYMNTS

NOVEMBER 13, 2020

may take its place alongside markets in Asia and, say, Brazil (where instant payments can be done across PIX, and all wallets that use QR codes are interoperable). Visa and other payments networks, stretching back a few years to 2017, had debuted the world’s first interoperable QR code acceptance solution in India.

Contactless Payments 122

Contactless Payments Interoperability PayPal Venmo 122