Open Banking Excellence

MAY 2, 2024

Today, Georgia is a centre of fintech innovation and home to a pioneering Open Banking ecosystem. In doing so, it bridged Western and Eastern cultures, serving as a conduit for the propagation of innovations and knowledge.” Our banks are agile and innovative. It is a competitive market.

Interoperability 147

Interoperability Payment APIs and Integration Central Bank Cross-Border 147

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

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

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 97

Cross-Border Payments Cross-Border Interoperability Payments 97

Finovate

SEPTEMBER 20, 2024

What is the level of interest in fintech innovation there? A recent example of this was with Hungary’s OTP, which in June 2023 became the first international player to participate in the privatization of the Uzbek banking sector, acquiring former state-owned Ipoteka Bank. There is a lot of talk about enabling technologies such as AI.

Innovation 122

Innovation FinTech Online and Mobile Banking On-Demand 122

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 99

Interoperability Cross-Border Payments Financial Inclusion 99

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 78

Interoperability Payments Payments Institute Facilitators 78

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) 80

Real Time Gross Settlement (RTGS) Distributed Ledger Technology (DLT) Settlement Interoperability 80

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 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

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 95

CBDC SWIFT Interoperability Settlement 95

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 82

AI FinTech Innovation Payment APIs and Integration 82

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 105

CBDC Transactions Payment APIs and Integration Cross-Border 105

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 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 82

Best Practices Interoperability Blockchain Participant 82

Fintech News

NOVEMBER 12, 2024

The ninth edition of the Singapore Fintech Festival (SFF) wrapped up on 8th November, concluding a dynamic week-long of celebration of fintech that brought together tens of thousands of participants from around the world. However, challenges remain, particularly regarding interoperability.

FinTech 73

FinTech Cross-Border Payments Cross-Border Payment APIs and Integration 73

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 97

CBDC Distributed Ledger Technology (DLT) Cross-Border Central Bank 97

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 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 97

Instant Payments Online and Mobile Banking Processors Payments 97

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

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 108

CBDC Bots Real Time Gross Settlement (RTGS) Non-Bank 108

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

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 94

Stablecoins Cross-Border Cross-Border Payments Blockchain 94

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 112

APACS FinTech Participant ISO 20022 112

Fintech Finance

JUNE 18, 2024

STET’s platform uses ACI Low Value Real-Time Payments as a SaaS service, offering sophisticated routing and processing capabilities to enable its 20 member banks to connect directly to the European schemes, TIPS and RT1, hence providing full pan-European reachability and interoperability for instant payments.

Cross-Border 86

Cross-Border Cross-Border Payments Transactions Instant Payments 86

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 Regulations Innovation 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

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

Fintech Finance

OCTOBER 30, 2024

Following Adhara’s parallel simulation, participants will also have the opportunity to engage with its MarginBloc solution. Edward Budd, Co-Founder of Adhara, said: “Managing these margin payments for uncleared transactions has allowed us to see first-hand the benefits that can be brought to participants.

Distributed Ledger Technology (DLT) 78

Distributed Ledger Technology (DLT) Liquidity Management Central Bank Payments 78

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

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

Fintech Finance

SEPTEMBER 24, 2024

The Payments Association , the most influential community in payments, has today launched The Payments Manifesto 2025: creating conditions to support growth and innovation in payments. Include strategic change programmes aligned with key priorities, including independent oversight, regulatory effectiveness, innovation, and risk management.

Cross-Border Payments 74

Cross-Border Payments Financial Inclusion Cross-Border Financial Crimes 74

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

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 121

ISO 20022 APACS SWIFT ISOs 121

The Fintech Times

OCTOBER 11, 2024

The VTAP solution is available on the Visa Developer Platform for participating financial institution partners, to create and experiment with their own fiat-backed tokens in a VTAP sandbox. This is available in a test environment with plans to support live programmes in 2025 and when participating banks are ready to launch with end customers.

Payment APIs and Integration 52

Payment APIs and Integration Blockchain Near Real-Time Participant 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