Finextra

NOVEMBER 10, 2023

Camilla Bullock, Chief Executive Officer for Emerging Payments Association Asia, delves into the role of payments interoperability in the digital economy and its facilitation of global trade ahead of Singapore Fintech Festival 2023.

Interoperability 40

Interoperability Economy Privacy Emerging Payments 40

Fintech Finance

MARCH 26, 2024

Interoperability is critical to Swift’s strategy for instant and frictionless transactions. In securities, the lack of interoperability between tokenisation platforms is a barrier to the growth of tokenisation. More than 750 transactions were carried out over the course of the experiments. The full results report is available here.

Cross-Border 52

Cross-Border Use Case SWIFT CBDC 52

Fintech News

SEPTEMBER 17, 2024

Innovations in emerging payment modes, including UPI Lite, credit card on UPI, virtual credit cards, pay-by-points, business payments and merchant acquisition, will continue to drive growth, with credit cards linked to UPI in particular poised to surge.

Digital Payments 97

Digital Payments Credit Cards Payments Online and Mobile Banking 97

The Fintech Times

MAY 29, 2024

The Interledger Foundation , an organisation building and advocating for an open, interoperable payment network, is introducing a new initiative to fund fintechs that leverage its Interledger Protocol (ILP) to bring payment capabilities to emerging markets and underserved populations.

Instant Payments 69

Instant Payments Cross-Border Payments Financial Inclusion Underserved 69

PYMNTS

MAY 29, 2018

EMVCo , the global technical body that manages EMV Specifications, announced it has created a QR Payment Mark to promote global interoperability across EMV QR Code payments. The mark can also be used as an application indicator on a consumer’s mobile device, the company noted in the press release.

EMV 45

EMV Interoperability Payments Use Case 45

The Fintech Times

JUNE 9, 2024

As much as 40 per cent of payment leaders report losing business due to cross-border payment issues, according to a new study by Thunes , a global money movement firm, and Visa , the digital payments giant. By 2026, 60 per cent of the world’s population is expected to use digital wallets for payments day-to-day.

Cross-Border Payments 64

Cross-Border Payments Cross-Border Interoperability Fraud Detection 64

PYMNTS

DECEMBER 10, 2019

There are the traditional hurdles that any transaction faces, including the cost of facilitating that payment, and the speed with which that transaction completes. But when transactions occur across borders, new friction points emerge, particularly around the areas of interoperability, transparency and compliance.

Cross-Border 52

Cross-Border B2B Cross-Border Payments Interoperability 52