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Innovating Cross Border B2B Payments: It Takes An Ecosystem

PYMNTS

The current climate of innovators appears to be up for the challenge, however. FinTechs and banks continue to develop new solutions to address many of the biggest pain points of global business payments, from speed to foreign exchange. .” Accelerating Ecosystem Innovation. So how do you accelerate that?”

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Nearly Half of All Cross Border Payments Will Be Instant by 2028 Reveals Juniper Research

The Fintech Times

Instant payment innovation cutting costs for businesses The research anticipates the adoption of ISO 20022 , a universal standard for instant payments’ financial messaging. The study predicts it will drive third-party providers to build additional value-added services that create efficiencies for businesses.

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A Revival of Fintech Funding in 2024 is Just a Pipe Dream… Or is it?

The Fintech Times

Research from CB Insights , the business analytics platform, has revealed that global fintech funding in Q1’24 shows worrying trends for the rest of the year. Nonetheless, the industry has shown resilience and many still believe this to be the comeback year for fintech following 2023’s decline – we want to find out why.

FinTech 116
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Mastercard Transforms Cross-Border Payments for Banks With Industry-First Innovation

Fintech Finance

Mastercard introduced a new product innovation, Mastercard Move Commercial Payments, that will enable banks to facilitate near real-time, predictable and transparent commercial cross-border payments. Large clearing banks can extend the service to their institutional customers with minimal changes to their current processes.

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5 Key Trends Shaping Fintech in India, According to PwC

Fintech News

Despite facing funding challenges and navigating complex market conditions, the fintech sector in India continues to grow and evolve, with several emerging fintech trends in India poised to shape the future of the industry.

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Can Financial Institutions Keep Up with the $33 Billion Fraud Surge?

Finextra

Reflecting on insights from last month’s Visa Payments Forum, Tareq Muhmood, SVP, Value Added Services, Europe, Visa, addresses the dramatic rise in global fraud—from $800 million in the early '90s to $33 billion in 2023.

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Community Banks Accelerate FinTech Integrations

PYMNTS

This week’s look at the latest bank-FinTech tie-ups shows Banking-as-a-Service and other FinTech players embracing smaller regional and community banks to elevate small- to medium-sized business (SMBs) and corporate banking offerings. Build, buy or partner? Finastra Chosen by Community FI. Faster Payments scheme.