Open Banking Excellence

JULY 1, 2024

Helping reduce costs and enabling them to positively impact their citizens and economy drives a fairer and more inclusive society. This proven programme makes it simpler and faster for regulators to shape and implement their domestic open banking and open finance frameworks and policies. It’s your North Star.

Use Case 130

Use Case Cross-Border Regulations Best Practices 130

PYMNTS

MARCH 1, 2017

One of them is that too many people in the world are denied access to banking and financial services of any kind. That this lack of financial inclusion excludes them from participating in most of the payments and commerce activities that most of those reading this take for granted. The second?

Financial Inclusion 60

Financial Inclusion Visa Interoperability Economy 60

Fintech Finance

FEBRUARY 6, 2024

” NPS-NCS and NEPALPAY are part of the National Payment Switch (NPS) initiative, the core infrastructure for routing and settlement of retail transactions to ensure interoperability of card and non-card-based payments within Nepal. Currently, domestic card transactions are routed through international payment gateways. .”

Interoperability 64

Interoperability Real Time Payments Non-Bank Financial Inclusion 64

The Fintech Times

OCTOBER 4, 2024

“India has recently achieved unprecedented levels of financial inclusion and is actively promoting the adoption and growth of the online sector,” explains Rashmi Satpute , country director of India at EBANX. Meanwhile, Ethiopia’s smaller economy is estimated to experience a huge 429 per cent growth.

Consumer 52

Consumer Online and Mobile Banking Instant Payments Financial Inclusion 52

The Fintech Times

SEPTEMBER 12, 2024

Kicking off proceedings in the morning on the main stage, Thomas Courtois , CEO of Nickel , the France-based neobank, highlighted the importance of financial inclusion in a modern economy. Courtois first explained that recent trends were positive: “Generally, we can say that financial inclusion has risen during the last year.

Central Bank 64

Central Bank Financial Inclusion Blockchain Interoperability 64

Fintech Finance

DECEMBER 13, 2023

The Central Bank will utilize ACI’s Digital Central Infrastructure , part of the award-winning ACI Enterprise Payments Platform to build the Central Infrastructure of an interoperable, countrywide scheme that includes centralized settlement and addressing services for the existing real-time payments schemes.

Real Time Payments 52

Real Time Payments Central Bank Financial Inclusion Payments 52

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

Clearly Payments

JANUARY 4, 2024

Financial Inclusion: Cryptocurrencies have the potential to bring financial services to the unbanked and underbanked populations, fostering financial inclusion. By accepting cryptocurrency payments, merchants contribute to a more inclusive global economy.

Cryptocurrency 84

Cryptocurrency Stablecoins Cross-Border Payments Digital Currency 84

Fintech Finance

FEBRUARY 6, 2024

Aani sets a new industry standard by offering full interoperability across all payment services, enabling instant digital payments 24/7. Our partnership with Al Etihad Payments signifies our dedication to driving innovation, fostering financial inclusion, and contributing to the UAE’s cashless economy initiatives.

FinTech 52

FinTech Funds Transfer IBAN P2P 52

PYMNTS

NOVEMBER 7, 2016

The aim of the currency is to secure universal liquidity, promote interoperability and provide transparency. The mission of eCurrency is to preserve the secure and inclusive characteristics of physical fiat currency in our rapidly emerging digital world. We can now facilitate full interoperability between all eMoney payment systems.

Digital Currency 73

Digital Currency Financial Inclusion Interoperability Central Bank 73

Open Banking Excellence

NOVEMBER 7, 2023

For the UK: There is now a broad consensus that a ubiquitous digital identity scheme is the core foundation of the full development of a digital economy. The OECD has also published a paper on digital identity governance recommending a coherent digital ID strategy and cross-border interoperability.

Due Diligence 130

Due Diligence Ubiquitous Governance Government 130

PYMNTS

JANUARY 24, 2020

The Global Consortium for Digital Currency Governance will be geared toward the development of transparent, interoperable and inclusive approaches to policy to regulate the crypto industry and facilitate work between the public and private worlds in emerging and developed economies, Cointelegaph reported.

Government 52

Government Governance Digital Currency Cryptocurrency 52

The Fintech Times

MARCH 5, 2024

Yabx has been on this journey to build this credit infrastructure ground up and enable financial access for the underserved. We believe access to credit is extremely important to grow the small and medium businesses which are the backbone of emerging economies. What are some of your recent achievements you’d like to highlight?

Financial Literacy 64

Financial Literacy Financial Inclusion Underserved FinTech 64

The Fintech Times

MARCH 26, 2024

As of April 2023, there were 1,000 active fintechs in Latin America (LatAm) with a vast majority focusing on financial inclusion, tackling the issue of 70 per cent of the population not having access to formal financial services.

Innovation 59

Innovation Alternative Payment Methods Payments SWIFT 59

Finovate

SEPTEMBER 20, 2024

The doubly-landlocked country (one of only two in the world) has been transitioning toward a market economy for years and has been credited by the Brookings Institution for its high economic growth and low public debt. HSBC has predicted that the country will have one of the fastest-growing economies in the next few decades.

Innovation 122

Innovation FinTech Online and Mobile Banking On-Demand 122

PYMNTS

AUGUST 21, 2020

Interoperability Is Key. To get there, interoperability is key, said Cunha. Anywhere where you have a cash transaction can be a possible use case,” Cunha told Webster, noting that such a wide net can help foster financial inclusion for the banked and unbanked populations.

CBDC 107

CBDC Fed Federal Reserve ISO 20022 107

Fintech News

OCTOBER 16, 2024

Furthermore, a closer look will be taken at digital assets, including stablecoins, central bank digital currencies (CBDCs) and tokenised deposits, focusing specifically on interoperability and regulations. and Rodrigo Kede Lima, President, Microsoft Asia; and will be moderated by Oi-Yee Choo, CEO, Climate Impact X.

FinTech 109

FinTech Cross-Border Payments AI Innovation 109

PYMNTS

JUNE 4, 2019

That’s what one might think about when listening to a new PYMNTS interview, as Trulioo CEO Stephen Ufford described to Karen Webster his company’s new “strategic partnership” with Refinitiv , a global giant when it comes to financial market data and infrastructure — an effort announced today (June 4). New Partnership. Banks And Digital ID.

Consumer 50

Consumer Verification Financial Inclusion Small Business 50

The Fintech Times

MARCH 20, 2024

Optimising consumer and business experiences During the event, Zhang Qingsong, deputy governor of the PBOC , stated that the rapid development and accelerated penetration of mobile payment in China in recent years have been pivotal in reducing transaction costs and promoting financial inclusion.

Use Case 59

Use Case Online and Mobile Banking Governance Government 59

Fintech Finance

SEPTEMBER 24, 2024

These cover financial crime, regulation, open banking, ESG, cross-border payments, digital currencies and financial inclusion. Financial Inclusion The policies aim to work alongside the government’s work to promote financial inclusion to ensure innovation serves diverse needs of businesses and consumers.

Cross-Border Payments 95

Cross-Border Payments Financial Inclusion Cross-Border Payments 95

PYMNTS

SEPTEMBER 18, 2019

In an interview with Karen Webster, Trulioo CEO Stephen Ufford said the roadblocks on the path to real financial inclusion and a network that truly spans the globe can be boiled down to one key challenge: crossing the Rubicon from analog to digital. Any great solution requires scale, and scale is the Holy Grail of any network.

Verification 63

Verification Cross-Border Push-to-Card Online and Mobile Banking 63

Segpay

JUNE 13, 2024

The Service Provider Showcase on FedNow Explorer includes a growing list of more than 100 payment processors, correspondents, banking operations, and application providers to help financial institutions connect and amplify their network. Interoperability: Designed to work alongside existing payment systems. No ‘pass-through’ fees.

FedNow 52

FedNow Federal Reserve Real Time Payments Instant Payments 52

PYMNTS

JANUARY 15, 2021

The OCC move, said Allaire, takes place a few weeks after a presidential working group said that dollar-backed stablecoins have the potential to improve efficiencies, increase competition, lower costs and foster broader financial inclusion. It's not hard to set up a digital wallet. It's like setting up a website.

Stablecoins 101

Stablecoins OCC Regulations Office of the Comptroller of the Currency 101

PYMNTS

JULY 4, 2017

The goals, numbering several, have been noble ones, simply put: To bring more people into the economy, to speed technology adoption and to cut down on tax evasion and black market activities. Immediately. Aadhaar, to jog your memory, or perhaps jumpstart it, is a 12-digit ID that houses a wealth of data, both demographic and biometric.

Online and Mobile Banking 44

Online and Mobile Banking ATM Financial Inclusion Push-to-Card 44

Fintech Finance

SEPTEMBER 12, 2024

The Interledger Foundation , an organization building and advocating for an open, interoperable payment network, and Chimoney , a fintech company providing multi-currency wallets and infrastructure for cross-border payments, today announced their work to power cross-border payments between more than 130 countries worldwide.

Cross-Border Payments 98

Cross-Border Payments Cross-Border Multi-Currency Interoperability 98

PYMNTS

SEPTEMBER 8, 2020

To have a digital currency, you need an instant payment system that is efficient and interoperable; an open system where you can create competition; and a currency that has credibility, is convertible and international,” he said, as per local media. Digital wallets that use QR codes will be interoperable with the system.

Digital Currency 87

Digital Currency Central Bank CBDC Instant Payments 87

PYMNTS

MARCH 7, 2016

There is a gaggle of innovators who use software to ride on top of existing payments rails that can make real-time use cases like bill payment, real time and interoperable, and distributed ledger software players who are aiming to use software and private networks to move money in real time. That’s actually part of the problem.

Online and Mobile Banking 46

Online and Mobile Banking Payments Financial Inclusion Same Day ACH 46

PYMNTS

FEBRUARY 25, 2017

Similarly, Bharat QR Code is an interoperable technology solution designed to enable the massive shift to digital payments for over a billion people — and a single steep jump from a cash-only economy to a digital economy of which it is hard to overstate the magnitude.

Payments 46

Payments Innovation PayPal Financial Inclusion 46