Fintech Review

JULY 16, 2024

Open banking is transforming the financial landscape by fostering innovation , competition, and improved customer experiences. By accessing banking data, fintech companies can offer innovative products that improve customer choice and service quality. In Europe, the PSD2 directive has spurred significant innovation.

Innovation 98

Innovation Consumer API Financial Inclusion 98

The Fintech Times

APRIL 17, 2024

The creators envision the UK RLN as a unified ‘innovation platform,’ integrating various currency forms like current commercial bank deposits and a shared ledger for tokenized commercial bank deposits. This strategic choice highlights their complementary methods in achieving interoperability as well as seamless integration.

Payment APIs and Integration 137

Payment APIs and Integration Blockchain Finance Digital Payments 137

Fintech News

JANUARY 15, 2024

Looking ahead, the Monetary Authority of Singapore (MAS) has introduced the SGQR+, an innovative concept aimed at revamping Singapore’s QR payments infrastructure for the future. Building upon SGQR, SGQR+ represents the next generation of interoperable payments for merchants.,

Interoperability 115

Interoperability Cross-Border Payments Financial Inclusion 115

Finovate

SEPTEMBER 20, 2024

What is the level of interest in fintech innovation there? The level of innovation in the local fintech market is very advanced, thanks to open banking. The key development, which has not yet been replicated in developed markets, is the full banking interoperability that open banking enables in Uzbekistan.

Innovation 122

Innovation FinTech Online and Mobile Banking On-Demand 122

Finextra

JULY 19, 2024

Morgan Payments, explores the cross-border impact of SEPA on European and global interoperability and why ISO 20022 is crucial for financial institutions. At EBAday 2024, Renata Vilanova Lobo, Head of Global Clearing, J.P.

ISO 20022 87

ISO 20022 ISOs Cross-Border Interoperability 87

Finextra

FEBRUARY 21, 2024

The opportunities that a truly global Open Banking ecosystem would create for businesses and consume.

Cross-Border 69

Cross-Border Interoperability Innovation Consumer 69

Fintech News

OCTOBER 17, 2024

The Bank for International Settlements (BIS) has launched Project Aperta , an initiative aimed at improving open finance interoperability, reducing frictions, and cutting costs in global finance. Businesses currently face costly inefficiencies due to excessive manual paperwork and limited digital data portability.

Cross-Border 115

Cross-Border Finance Security Interoperability 115

Fintech Finance

MARCH 1, 2024

Furthermore, it offers unparalleled flexibility, interoperability, and efficiency compared to legacy formats, positioning FIs for long-term success in an increasingly digital economy. By embracing ISO 20022, FIs can meet today’s demands and anticipate tomorrow’s needs, driving innovation and growth in the digital age.

ISO 20022 144

ISO 20022 ISOs FedWire Message Standards 144

Fintech News

OCTOBER 28, 2024

This service also offers interoperability for real-time global money movement, making it easier for Thunes’ members to conduct transactions worldwide. Floris de Kort “This is a significant milestone for Thunes as we continue to expand the global reach of our Network and drive innovation in the global payments space.

Global Payments 122

Global Payments Visa Cross-Border Payments Cross-Border 122

Finextra

JUNE 7, 2024

A new survey of payment leaders by Thunes, a global money movement innovator, and Visa, a world leader in digital payments, reveals conflicted attitudes among Europeans on cross-border payment interoperability, highlighting the challenges firms face in integrating across multiple markets and systems.

Interoperability 53

Interoperability Cross-Border Payments Cross-Border Payments 53

PYMNTS

MAY 1, 2020

The EU’s PSD2 and GDPR regulations were passed in 2018 and designed with a primary focus on interoperability between open banking systems around the world. The FSS understands that innovations often lead to heightened systemic, operational and cyber risks, as well,” he noted. “[It] The Interoperability Dream .

Privacy 98

Privacy API Innovation Payment APIs and Integration 98

Fintech News

JUNE 12, 2024

The Bank for International Settlements (BIS) Innovation Hub ‘s Point Zero Forum 2023 roundtable brought together key stakeholders and leaders from both the public and private sectors to discuss opportunities and challenges in cross-border payments.

Cross-Border Payments 116

Cross-Border Payments Cross-Border Interoperability Payments 116

Fintech Finance

NOVEMBER 21, 2024

Financial innovation is not limited to central banks. The post Universal Digital Payments Network (UDPN) and FORUS Digital Announce Strategic Cooperation to Advance Financial Innovation in Africa appeared first on FF News | Fintech Finance.

Payment Networks 98

Payment Networks Digital Payments Stablecoins Digital Currency 98

Fintech News

MARCH 25, 2024

Specifically, in digital trade, the experiments proved the capability for interoperability among diverse digital networks, facilitating atomic trade payments. Tom Zschach “Swift is a community – a convener of and for our industry – and I’m delighted that we’ve been able to facilitate these critical innovation experiments.

CBDC 108

CBDC SWIFT Interoperability Settlement 108

Fintech News

NOVEMBER 11, 2024

Launched in May 2022, Project Guardian brings together policymakers and key financial industry players to improve market liquidity and efficiency through the innovative use of technology. As the German member of the Eurosystem and the monetary authority for Germany from 1957 to 1998, the Bundesbank brings its expertise to the project.

Central Bank 122

Central Bank Distributed Ledger Technology (DLT) Interoperability Cross-Border 122

Fintech News

AUGUST 12, 2024

XDC Network has selected eight startups to join its first-ever accelerator programme, powered by Tenity , an innovation ecosystem specialising in early-stage fintech startups. Kerc A healthcare platform focused on seamless data interoperability to improve patient outcomes and reduce errors.

Blockchain 139

Blockchain Credential AI Verification 139

Fintech Finance

AUGUST 20, 2024

TerraPay , a global money movement company, announced a collaboration with 5 of the leading wallet operators to establish the “Wallet Interoperability Council”, aiming to leverage TerraPay’s technology to facilitate interconnection and interoperability in cross-border transactions.

Cross-Border Payments 52

Cross-Border Payments Cross-Border Interoperability Payments 52

Fintech Finance

JUNE 17, 2024

The Eurosystem and London Centres of the BIS Innovation Hub, together with the Bank of England , have launched Project Meridian FX, to build on the findings of Project Meridian by focusing on foreign exchange (FX) transactions.

Real Time Gross Settlement (RTGS) 97

Real Time Gross Settlement (RTGS) Distributed Ledger Technology (DLT) Settlement Interoperability 97

CoinRemitter

JUNE 4, 2024

To address this, cross-chain interoperability protocol acts as a blockchain bridge, allowing different networks to connect, share resources, and transfer value. This blog will understand cross-chain interoperability in detail. Cross-Chain Interoperability Blockchain interoperability means that blockchains can freely share data.

Interoperability 40

Interoperability Blockchain Transactions Security 40

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

The Fintech Times

FEBRUARY 11, 2024

The Hong Kong government has reaffirmed its dedication to fostering fintech innovation following the issuance of approximately HK$6billion worth of digital green bonds. Paul Chan , the Financial Secretary, said: “The Government has once again issued digital green bonds this year, incorporating various technological innovations.

Governance 64

Governance Government Innovation FinTech 64

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 94

Interoperability Payments Payments Institute Facilitators 94

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 110

Cross-Border Payments Cross-Border APACS Interoperability 110

Fintech Finance

JULY 9, 2024

“Companies like Banking Circle are powering banks and fintechs with seamless, interoperable solutions to transact across borders.” “We We are excited to join FTA’s ecosystem of fintech innovators shaping the future of finance,” said Livia Benisty, Chief External Affairs Officer at Banking Circle Group. “We

Technology 109

Technology Cross-Border Cross-Border Payments Federal Reserve 109

Fintech Finance

OCTOBER 8, 2024

WadzChain Network, a global leader in innovative blockchain technology, announced today the launch of one of the world’s first hybrid blockchains intending to transform global payments for businesses. It is the foundation for cutting-edge payment innovations. The WadzChain Testnet is just the beginning.

Global Payments 124

Global Payments Blockchain TPS Interoperability 124

Fintech News

MARCH 26, 2024

This partnership is designed to ensure global interoperability, regulatory compliance, and market credibility for streamlined and interconnected cryptocurrency transactions. The integration of GTR protocol with Sumsub’s Travel Rule solution is a major advancement in ensuring interoperability and addressing the sunrise issue.

Travel Rule 119

Travel Rule Rules Compliance Transactions 119

Fintech News

SEPTEMBER 30, 2024

ANZ will collaborate with Chainlink Labs and ADDX, a Singapore-based private market exchange platform, to test the interoperability of these assets between different blockchains. The project aims to explore broader access to tokenised real-world assets, such as commercial paper, in financial markets.

Interoperability 100

Interoperability Stablecoins Blockchain Authorization 100

Fintech News

NOVEMBER 6, 2024

Building on the success of the SGQR+ initiative led by the Monetary Authority of Singapore (MAS), roamQR will enable interoperability between various e-wallets, mobile payment apps, and national QR networks. This many-to-many approach fosters competition, driving improvements and innovation that benefit both consumers and merchants.

PCI DSS 100

PCI DSS Cross-Border Payments Interoperability Push-to-Card 100

Fintech Finance

JANUARY 11, 2024

The Practicalities of Cross-Border Payments in a Faster Payments World also highlights the challenges faced by fintech companies, providing insights into regulatory compliance, security, foreign exchange rate risks, lack of transparency, high costs, interoperability, data privacy, competition with financial institutions, and liquidity management.

Cross-Border Payments 93

Cross-Border Payments Cross-Border Faster Payments ISO 20022 93

Fintech News

OCTOBER 28, 2024

Finalists in the corporate categories were evaluated based on impact, sustainability, practicality, interoperability, and creativity, while individual submissions were assessed on contributions to the Singapore fintech sector. Four finalists were shortlisted in each category. Ripple, NETS, Syfe, and YouTrip returned as sponsors this year.

AI 99

AI FinTech Innovation Payment APIs and Integration 99

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.

Interoperability 98

Interoperability Contactless Payments Payments Issuers 98

Fintech News

SEPTEMBER 3, 2024

The company also established the Wallet Interoperability Council with five other wallet providers. His strategic insights and deep-rooted experience in product innovation will prove to be vital as we continue to elevate our offerings and deliver unparalleled value to our customers.”

Product 104

Product Interoperability SWIFT Innovation 104

Fintech News

MAY 27, 2024

CBDC for cross-border payments, programmable money, and DeFi Kazakhstan’s Digital Tenge project is pursuing several ambitious goals: intensifying cross-border trade, implementing innovative social and anti-corruption initiatives, and integrating digital assets issued by decentralised finance (DeFi) participants and those issued by the government.

CBDC 121

CBDC Transactions Payment APIs and Integration Cross-Border 121

PYMNTS

DECEMBER 30, 2020

Corporate Spending Innovations (CSI) President David Disque , for instance, spoke with PYMNTS about the challenges organizations face regarding interconnectivity with their business partners, as well as the friction that exists in moving not only electronic money, but electronic data from one corporate to another. It's All About Timing.

B2B 119

B2B Payer Payments BNPL 119

PYMNTS

FEBRUARY 26, 2020

Below, PYMNTS explores the latest initiatives and finds that innovators are looking at the accounts receivable side to tackle accounts payable friction. Enabling seamless communications, integrations and interoperability” means facilitating the flow of transaction data between parties, he said. Tipalti Reallocates The Workload.

Accounts 72

Accounts Innovation Remittance Data Debit Card 72

Fintech Finance

SEPTEMBER 19, 2024

HSBC also tested the interoperability of its gold tokens using post-quantum cryptography (PQC) to move digital assets safely across distributed ledgers via secure networks, addressing clients’ evolving needs and regulations. Both launches use the technology of the HSBC Orion digital assets platform.

Distributed Ledger Technology (DLT) 93

Distributed Ledger Technology (DLT) Technology Interoperability Cybersecurity 93

Fintech Finance

SEPTEMBER 25, 2024

It will allow payment service providers and merchant acquirers in Japan to accelerate speed to market with new innovative payment services, modernize merchant and consumer payment experiences, and lower the total cost of ownership. Together, we can help our clients unlock the immense potential of a next-generation payments ecosystem.”

ISO 20022 104

ISO 20022 Cross-Border Payments Stop Payment Acquirers 104