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 Review

OCTOBER 9, 2024

All participants have the opportunity to secure major rewards by joining, depositing, and trading. By completing the task, participants automatically enter the ATLETA-Bybit Lucky Draw. It’s an opportunity for our community to experience firsthand the possibilities that arise when blockchain innovation meets tangible rewards.

Participant 52

Participant Blockchain Interoperability Blocks 52

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.

Interoperability 101

Interoperability Payments Payments Institute Facilitators 101

The Fintech Times

JULY 17, 2024

Two firms combining forces to make this simple and more seamless are Global Digital Finance (GDF), the global members association and platform for open innovation in digital assets in financial services and the Global LEI Foundation (GLEIF), the global not-for-profit organisation.

Best Practices 113

Best Practices Interoperability Message Standards Legal 113

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

Fintech News

MARCH 25, 2024

Over the last six months, 38 global institutions participated in Swift’s CBDC sandbox, marking it as one of the most extensive CBDC experiments to date. Specifically, in digital trade, the experiments proved the capability for interoperability among diverse digital networks, facilitating atomic trade payments.

CBDC 106

CBDC SWIFT Interoperability Settlement 106

Fintech Finance

OCTOBER 22, 2024

TerraPay , a global leader in cross-border money movement, has announced a strategic partnership with Tenpay Global , Tencent’s cross-border payment platform renowned for its innovative financial services through the Weixin ecosystem. billion wallets.

Cross-Border 52

Cross-Border Interoperability Cross-Border Payments Digital Payments 52

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 126

CBDC Transactions Payment APIs and Integration Cross-Border 126

Fintech Finance

OCTOBER 15, 2024

The RoPay service is being gradually rolled out, as participating banks introduce new features and cover more use cases, while users get accustomed to the service. RoPay is an alternative to cash or card payments, keeping up with technological innovations, allowing the end consumer to choose their preferred payment method.

Instant Payments 98

Instant Payments Online and Mobile Banking Processors Payments 98

Fintech Finance

MARCH 26, 2024

Interoperability is critical to Swift’s strategy for instant and frictionless transactions. Participants also highlighted the solution’s potential to reduce delays in global trade, enhance trust among parties, and significantly lower transaction costs. More than 750 transactions were carried out over the course of the experiments.

Cross-Border 52

Cross-Border Use Case SWIFT CBDC 52

Fintech Review

OCTOBER 1, 2024

The airdrop follows the previously announced collaboration between the two entities and is a historic milestone in the industry leaders’ successes at the forefront of blockchain gaming and Web3 innovation. Users who had participated more actively saw a significantly higher share of the rewards pool.

Interoperability 52

Interoperability Blockchain Participant Governance 52

Fintech News

MAY 14, 2024

Deutsche Bank has announced its participation in the Monetary Authority of Singapore’s (MAS) Project Guardian. Within the asset and wealth management workstream, Deutsche Bank will test an open architecture and interoperable blockchain platform for servicing tokenised and digital funds.

Best Practices 104

Best Practices Interoperability Blockchain Participant 104

Fintech News

DECEMBER 11, 2023

SC Ventures, the innovation, fintech investment, and ventures arm of Standard Chartered, and Giesecke+Devrient (G+D) successfully completed a proof-of-concept (PoC) on the Universal Digital Payments Network (UDPN). The participants noted significant improvements in the efficiency, cost, speed, and transparency of cross-border transactions.

CBDC 109

CBDC Distributed Ledger Technology (DLT) Cross-Border Central Bank 109

Open Banking Excellence

JULY 1, 2024

With the UK government continuing to support the UK’s broader fintech environment and promote open banking innovation, Open Banking in a Box will champion the UK’s world-leading open banking standards and make the case for greater cross-border interoperability that will benefit UK PLC and support financial inclusion globally.

Use Case 130

Use Case Cross-Border Regulations Best Practices 130

Fintech News

AUGUST 23, 2024

These events are serving as platforms for networking, knowledge exchange, and the showcase of innovative solutions. Participants will discuss emerging market trends and strategies for maintaining resilience amidst global economic challenges. The following is a curated list of the top fintech events taking place in APAC in H2 2024.

APACS 126

APACS FinTech Participant ISO 20022 126

Fintech Review

JULY 10, 2024

Gaining Traction: Empowering the Unbanked In regions with significant unbanked populations, Decentralised Finance (DeFi) platforms are offering accessible financial services through the innovative use of blockchain technology. Interoperability with traditional financial systems presents another significant hurdle.

Finance 97

Finance Financial Inclusion Underserved Blockchain 97

Fintech News

MAY 8, 2024

In 2022, the BOT initiated a Retail CBDC Hackathon to encourage public participation and promote private-public collaboration in developing CBDC proof-of-concept initiatives. To address these objectives, the BOT conducted the pilot test within a confined environment, divided into the Foundation Track and the Innovation Track.

CBDC 120

CBDC Bots Real Time Gross Settlement (RTGS) Non-Bank 120

Fintech News

JUNE 19, 2024

Purpose Bound Money: Piloting Real-World Interoperable Payments While stablecoins offer advantages in terms of speed and efficiency in theory, StraitsX has taken the concept a step closer to reality with the development of purpose bound money (PBM). Project Orchid, and the 1st use of purpose bound money, in partnership with Grab.

Stablecoins 109

Stablecoins Cross-Border Cross-Border Payments Blockchain 109

Fi911

APRIL 23, 2024

The digital payments landscape is rife with innovative solutions, aimed at streamlining and enhancing the user experience. While this has brought about a plethora of options from PayPal to Venmo, it has also led to a fragmented ecosystem where interoperability has been a significant challenge. How Does Visa+ Work? Is Visa+ Live?

Venmo 52

Venmo CashApp P2P Interoperability 52

The Fintech Times

SEPTEMBER 2, 2024

In a concerted effort to crack down on economic crime, some of the biggest names in finance and technology have joined forces under a new coalition led by the Centre for Finance, Innovation and Technology (CFIT). Among the companies now participating are Amazon Web Services (AWS), Barclays, HSBC, Mastercard and Revolut.

Crime 59

Crime Verification Interoperability Participant 59

The Fintech Times

DECEMBER 15, 2023

Corda offers a permissioned ledger, asset modelling capabilities and a multi-party workflow engine in one interoperable and scalable distributed platform. The expansion demonstrates Emirates NBD’s continuing commitment to spearhead innovation in the financial sector. The Lab focuses purely on digital assets.

Multi-Currency 103

Multi-Currency Interoperability Innovation Regulations 103

Fintech Finance

FEBRUARY 6, 2024

“ACI has a stellar track record in providing scalable and innovative solutions to build transformative payment capabilities, and we are excited to bring seamless and convenient card payment services in Nepal.” Currently, domestic card transactions are routed through international payment gateways. . billion people.

Interoperability 64

Interoperability Real Time Payments Non-Bank Financial Inclusion 64

The Fintech Times

MARCH 28, 2024

” With a focus on global interoperability, regulatory assurance, and market credibility, the partnership is a giant step towards ensuring streamlined and interconnected cryptocurrency transactions. Ensuring interoperability in the crypto space Founded in 2017, Binance has been among Sumsub’s clients since 2021.

Travel Rule 64

Travel Rule Rules Interoperability Deepfake 64

The Fintech Times

MAY 18, 2024

Over the next six months, onboarded companies will conduct trials and experiments on three Eurosystem interoperability-type solutions proposed for central bank money settlement of wholesale financial transactions recorded on DLT platforms. The participating companies will perform the assessment in cooperation with Eurosystem.

Central Bank 75

Central Bank Settlement Distributed Ledger Technology (DLT) Interoperability 75

Fintech Review

AUGUST 27, 2024

However, one of the significant challenges it faces is interoperability between different blockchain networks. Cross-chain interoperability aims to address this issue, enabling seamless communication and transactions across various blockchain platforms. Interoperability is vital for several reasons.

Interoperability 105

Interoperability Blockchain Facilitators Innovation 105

Fintech News

AUGUST 8, 2024

In the dynamic financial landscape of the Asia-Pacific (APAC) region, private banks, asset managers, fund managers, and other capital market participants are increasingly recognising the pivotal role of Swift connectivity. It is also essential to collaborate on interoperability between traditional finance and tokenised/digital assets.

ISO 20022 122

ISO 20022 APACS SWIFT ISOs 122

Fintech Finance

OCTOBER 4, 2024

chapter of the EBANX Payments Summit , an annual event that brings together industry leaders to discuss trends and innovations in the digital economy and payments. “Of the rising markets shaping the future of consumption, Africa is often overlooked. These figures were presented this week during the Napa Valley (U.S.)

Consumer 98

Consumer Credit Cards Online and Mobile Banking Instant Payments 98

Fintech Review

JULY 18, 2024

The EarnOS launch on the XION blockchain saw remarkable results, with over 200,000 verified users participating and more than 1,300,000 unique brand interactions ranging from social media acquisitions, bespoke advertisement campaigns, immersive augmented reality experiences and more.

Blockchain 52

Blockchain Participant Interoperability Acquirers 52

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

Fintech News

MAY 16, 2024

The State of Open Banking in Southeast Asia The paper notes that across Southeast Asia, financial institutions are recognizing the potential advantages of open banking, including improved customer experiences and access to innovative products. Simultaneously, industry participants are embracing the trend at a fast pace.

Payment APIs and Integration 127

Payment APIs and Integration API Facilitators Interoperability 127

Fintech Finance

JUNE 5, 2024

This innovative system facilitates instant payments between individuals and businesses, thereby reducing reliance on cash-based transactions and expanding the use of digital payments to Peru’s large unbanked population.

Real Time Payments 52

Real Time Payments Financial Inclusion Agreements International Payments 52

Fintech Finance

APRIL 4, 2024

We remain committed to driving innovation and shaping the future of Open Banking payments, and the addition of FedNow® adds to our rapidly-growing network of account-to-account capabilities.” Trustly and Cross River have long served as pioneers in the instant payment industry.

FedNow 45

FedNow Instant Payments RTP Interoperability 45

Fintech Finance

MAY 8, 2024

Our report aims to address the diverse needs and expectations of consumers, businesses, and financial institutions, laying the groundwork for widespread adoption and innovation.” This report not only outlines the challenges but also offers modern solutions to create a streamlined and reliable process for all participants.”

Faster Payments 52

Faster Payments FPC Payments RFP 52

Fintech News

OCTOBER 16, 2024

Building on its success in 2023, which attracted over 66,000 participants from 150 countries, SFF 2024 will feature a distinguished lineup of global central bankers, regulators, industry leaders, entrepreneurs, investors, innovators, and influencers. Fintech News Network readers will also get a 20% discount on their Delegate Passes.

FinTech 109

FinTech Cross-Border Payments AI Innovation 109

Fintech News

MAY 21, 2024

A recent report by SBI Digital Asset Holdings (SBI DAH) sheds light on the growing interest and adoption of these innovative financial instruments among institutional investors. Nearly a quarter (23.5%) of the participants cited this as the key impediment to investing in digital assets. Institutional investors focus on digital assets.

Settlement 138

Settlement Cryptocurrency Blockchain Central Bank 138

FICO

APRIL 9, 2019

The good news is that consumer-permissioned data is providing the industry a platform for further innovation. With this data, which hadn’t been easily available, applications are innovating with new forms of analysis and insight, while financial services embrace new models for greater accuracy.

Innovation 66

Innovation Consumer Security Demand Deposit Account (DDA) 66

Fintech Finance

JULY 10, 2024

It will enable interoperability among PayNet, RENTAS, and SWIFT using ISO 20022 standards. Group Chief Operating Officer of Affin Bank Berhad, Encik Risham Akashah Bin Kamaruzaman said, “A robust payment infrastructure is a catalyst for innovation and scalable growth.

ISO 20022 98

ISO 20022 Real Time Payments ISOs Payments 98