Finextra

JUNE 18, 2024

Bank-to-bank payment messaging network Swift is working to facilitate interoperability of Verifcation of Payee schemes across Europe as new research shows that 83% of SMEs across France, Germany, Italy and Spain rank upfront beneficiary checks as important to them in trading across borders.

SWIFT 132

SWIFT Payee Interoperability Payment Message 132

Fintech News

OCTOBER 28, 2024

Bill Qkr offers a secure, card-based system designed to make payments easier for merchants, acquirers, payment facilitators, and service providers through flexible options and streamlined collection processes. In Southeast Asia, 2C2P’s easyBills+ platform will facilitate payments for utilities, taxes, and more.

Visa 127

Visa Push-to-Card Payments Facilitators 127

The Fintech Times

JUNE 10, 2024

Additionally, it encourages interested companies, startups, and investors to develop their businesses within highlighted areas by providing relevant information and facilitating network building.

Blockchain 121

Blockchain Facilitators FinTech Innovation 121

The Fintech Times

AUGUST 28, 2024

Through the project , HKMA explores financial market infrastructure that facilitates seamless interbank settlement of tokenised money through a wCBDC. Having completed building the sandbox, HKMA will use it to facilitate interbank settlement using experimental tokenised money, focusing on transactions involving these tokenised assets.

Interbank Settlement 134

Interbank Settlement CBDC Settlement Use Case 134

VISTA InfoSec

APRIL 5, 2024

Having regular meetings and recording them for future reference, updating everyone on what’s latest in the company, and facilitating real-time messaging are the cornerstones for effective communication. Prioritizing an intuitive and user-friendly communication platform ensures team members are engaged and informed.

Best Practices 278

Best Practices Business Continuity Continuity Compromise 278

Fintech News

DECEMBER 11, 2024

This new payment system is expected to boost tourism and economic ties between the two nations by facilitating cross-border transactions and reducing reliance on foreign currencies. Currently, the project involves Vietnamese banks BIDV, TPBank, and Sacombank, with plans to include more banks in the future.

Cross-Border 125

Cross-Border Payments Facilitators Mobile Banking 125

VISTA InfoSec

OCTOBER 21, 2024

While you don’t always need a cryptocurrency wallet to trade blockchain assets, using a good wallet to facilitate exchanges is a matter of common sense. 3) Transaction Confirmation Settings Customization is good to have if you need to balance your fund security and ease in facilitating transactions.

Cryptocurrency 141

Cryptocurrency Multifactor Authentication MFA Compromise 141

VISTA InfoSec

JUNE 19, 2024

One of the most significant advantages is that it facilitates face-to-face interactions regardless of geographical barriers. Therefore, this article explores the common cyber threats in video communication and provides strategies to mitigate them. Common Cyber Risks in Video Communication Video communication offers numerous benefits.

Risk 275

Risk Ransomware Phishing MFA 275

Fintech Finance

NOVEMBER 29, 2024

TARGET Services are developed and operated by the Eurosystem and rely on central bank money to facilitate transfers between banks, businesses and individuals. The agreement with the ECB will ensure that infrastructure for instant payments in Norwegian krone is developed in pace with developments in the Nordic countries and the rest of Europe.”

Instant Payments 138

Instant Payments Central Bank Settlement Agreements 138

Fintech News

DECEMBER 3, 2024

The company is also collaborating with Singapore’s NETS SGQR+ initiative to facilitate unified QR codes for seamless stablecoin-to-fiat transactions across Singapore. Underscoring its global ambitions, dtcpay is the first Major Payment Institution (MPI) in Singapore to join the Luxembourg House of Financial Technology (LHoFT).

Stablecoins 132

Stablecoins Money Laundering Cryptocurrency Payments 132

Fintech News

OCTOBER 16, 2024

The use of stablecoins also streamlines currency conversion processes, facilitating easier transfers between digital and local currencies. The system operates 24/7, offering greater flexibility for users compared to conventional banking hours, especially for those conducting international transactions.

Cross-Border Payments 136

Cross-Border Payments Cross-Border Stablecoins Digital Currency 136

Fintech News

NOVEMBER 3, 2024

A key focus of this initiative is deepening liquidity in tokenised asset markets, facilitating greater capital raising and trading. Access to a common settlement facility is also being facilitated through the SGD Testnet, featuring S$ wholesale central bank digital currency (CBDC) for market testing.

CBDC 114

CBDC Settlement Digital Currency Cross-Border 114

Fintech News

DECEMBER 16, 2024

Ripple aims to facilitate global adoption through partnerships with these and other market makers and payment providers, focusing on the Americas, Asia-Pacific, UK, and Middle East regions. Ripple Payments will also utilise RLUSD to facilitate global payments for enterprise customers starting next year.

Stablecoins 87

Stablecoins Cross-Border Payments Federal Reserve Cross-Border 87

Fintech News

APRIL 3, 2024

The RPC’s objective is to enhance the economic benefits of cross-border activities by providing easier access to international markets for small and medium-sized enterprises, simplifying trade processes, and facilitating worker remittance transactions.

Cross-Border Payments 134

Cross-Border Payments Cross-Border Central Bank Payments 134

Open Banking Excellence

SEPTEMBER 6, 2024

Transforming the way attendees engage and network at SFF, SFF MeetUp will facilitate over 20,000 one-on-one meetings. Last year, we welcomed more than 66,000 participants from 150 countries.

FinTech 130

FinTech Facilitators Participant Economy 130

Fintech News

NOVEMBER 4, 2024

The pilot showcased how financial institutions can use Swift’s infrastructure to facilitate off-chain cash settlements for tokenised funds with fiat payment systems across more than 11,500 financial institutions in over 200 countries. ” said Sergey Nazarov, Co-Founder of Chainlink.

SWIFT 110

SWIFT Settlement Blockchain Facilitators 110

Fintech News

JULY 8, 2024

Tibor Pandi According to Tibor Pandi, Citigroup’s Country Officer for Singapore, the restructuring has resulted in a more efficient organization, facilitating quicker decision-making and simplified governance processes.

Facilitators 129

Facilitators Governance Government Continuity 129

Fintech Review

AUGUST 27, 2024

Lastly, it facilitates better scalability and efficiency by enabling blockchains to specialise and offload tasks to more suitable networks. By facilitating cross-chain interactions, it enhances the scalability, flexibility, and interoperability of blockchain networks, driving innovation and adoption.

Interoperability 105

Interoperability Blockchain Facilitators Innovation 105

Fintech News

AUGUST 12, 2024

The company has recently applied for a Payment Institution License in Brazil, which will allow it to offer payment services, including managing funds in BRL and facilitating real-time payments through the Pix system. Global payments company Nium is enhancing its presence in Latin America, with a focus on expanding its operations in Brazil.

Cross-Border 110

Cross-Border Cross-Border Payments Correspondent Bank Real Time Payments 110

Fintech News

OCTOBER 6, 2024

Led by the Singapore Police Force (SPF), NAVIGATE will facilitate real-time and comprehensive analysis of money laundering risks across various agencies. A key initiative to strengthen detection efforts is the development of NAVIGATE, a new whole-of-government (WOG) data-sharing platform.

Money Laundering 123

Money Laundering Law Enforcement Financial Crimes Due Diligence 123

Fintech News

DECEMBER 1, 2024

This collaboration, facilitated by the Mastercard Center for Inclusive Growth, will initially focus on seven countries in the region – Georgia, India, Indonesia, Malaysia, the Philippines, Thailand, and Viet Nam.

Visa 128

Visa Finance Financial Inclusion Underserved 128

Fintech News

OCTOBER 16, 2024

The partnership will allow Vietnamese bank apps and e-wallets to use UnionPay ‘s QR payment system on each other’s networks, facilitating seamless transactions across both countries.

Cross-Border 119

Cross-Border Cross-Border Payments Interoperability ATM 119

Fintech Finance

SEPTEMBER 30, 2024

This partnership aims to redefine the digital payments landscape and streamline the onboarding experience for local merchants, facilitating seamless global transactions. Essay Zhu, Partner, COO at Payermax, said: “We are pleased to partner with “SAB”, a leading financial institution with a strong presence in the Saudi market.

Digital Payments 98

Digital Payments Cross-Border Payments Facilitators 98

Fintech News

SEPTEMBER 18, 2024

Payment solution provider Digio (Thailand) will facilitate the delivery of these devices. Soft Space will supply 500 Android devices to SCB, which will then be distributed to merchants meeting specific transaction criteria of at least 25,000 baht between 15 September and 31 October 2024.

Contactless Payments 127

Contactless Payments Visa Debit Card Payments 127

Fintech Finance

OCTOBER 28, 2024

This expansion will facilitate seamless cross-border transactions for these organisations, with additional Latin American countries continuing to be added on a monthly basis. By facilitating cross-border transactions, we aim to create a more interconnected financial ecosystem that benefits both our partners and the communities they serve.”

Cross-Border 97

Cross-Border Processors Financial Inclusion Facilitators 97

Fintech News

SEPTEMBER 1, 2024

This initiative, following a Memorandum of Understanding signed in May between the National Bank of Cambodia and JB Financial Group, is designed to strengthen economic ties by facilitating trade and tourism while also promoting financial inclusion in Cambodia.

Cross-Border Payments 145

Cross-Border Payments Cross-Border Financial Inclusion Facilitators 145

Fintech News

DECEMBER 8, 2024

By enabling Coinbase across our merchant network, were facilitating an improved payment experience for Coinbase users in the US, Europe and beyond. This integration aims to improve the overall user experience and broaden the adoption of cryptocurrency for everyday purchases.

Payment APIs and Integration 114

Payment APIs and Integration Payments Cryptocurrency API 114

The Fintech Times

MAY 21, 2024

We need NFT use cases that transcend the membership or club experience in a way that facilitates the ownership of digital or physical products. . “The issue with NFT art or NFT profile pics is that they’re by definition scarce, exclusive, and limited. ” The post What Would it Take to See an NFT Revival?

NFTs 145

NFTs Use Case Non-Bank Facilitators 145

Fintech News

SEPTEMBER 11, 2024

StraitsX, for example, secured two MAS licenses to issue stablecoins and facilitate crypto payments. In August 2023, the Monetary Authority of Singapore (MAS) finalised its stablecoin regulatory framework , providing clear guidelines for issuers. Meanwhile, Paxos, a U.S.-based

Stablecoins 138

Stablecoins Issuers Cryptocurrency Payments 138

Fintech News

JULY 15, 2024

In June 2024, Wave Money launched an international remittance service, facilitating money transfers from Thailand to Myanmar. MoPayments facilitates wallet, card, and bank account payments for e-commerce businesses. The mobile wallet caters to over 11.5 million customers. Users can also earn free gifts and rewards through the app.

FinTech 115

FinTech Online and Mobile Banking Financial Inclusion Payroll 115

Fintech News

OCTOBER 23, 2024

Launched in November 2018, TIPS enables real-time payments across Europe, facilitating instant transfers between European banks. As part of its efforts to link its TARGET Instant Payment Settlement (TIPS) with other fast payment systems, the Eurosystem, the monetary authority of the eurozone, has expressed its intention to join Project Nexus.

Central Bank 128

Central Bank ISO 20022 Cross-Border Payments Cross-Border 128

Fintech News

NOVEMBER 13, 2024

The company highlighted its Visa Direct service, which facilitates real-time payments through partnerships with social media networks and marketplaces. Visa also addressed the challenge of slow payouts, a problem a recent Visa survey revealed affects over two-thirds of creators.

Small Business 121

Small Business Financial Literacy Debit Card Real Time Payments 121

Fintech News

OCTOBER 20, 2024

By utilising Swift MT and ISO 20022 messaging formats, Nium enables seamless connectivity for banks, facilitating quicker settlements and enhanced transparency. This eliminates the need for complex and costly API integrations, making cross-border payments faster and more affordable.

Cross-Border Payments 130

Cross-Border Payments Cross-Border SWIFT ISO 20022 130

Fintech News

AUGUST 25, 2024

He further mentioned that a second phase of the handouts, expected to include up to 30 million additional people, would begin in October, contingent on the completion of the blockchain system that will facilitate the digital wallet scheme.

Facilitators 142

Facilitators Blockchain Addressing FinTech 142

Fintech Finance

OCTOBER 22, 2024

Through this partnership, USI Money and dLocal will enable seamless cross-border transactions by facilitating direct transfers into bank accounts and digital wallets such as Bkash and Nagad in Bangladesh, M-Pesa and Airtel in Kenya and Uganda, and UPI in India.

Cross-Border Payments 98

Cross-Border Payments Cross-Border Payments Facilitators 98

Fintech News

NOVEMBER 7, 2024

Facilitated by Deutsche Bank, the initiative allows Thai buyers to make local payments through PromptPay, which are seamlessly converted for exporters. XTransfer’s CEO, Bill Deng, spoke at several panel discussions and explored collaborations with international financial institutions.

Cross-Border Payments 110

Cross-Border Payments Cross-Border Payment Solutions Payments 110