NACHA

DECEMBER 2, 2024

Nacha’s Payments Innovation Alliance, a membership program bringing together diverse global stakeholders seeking to transform the payments industry, has published Diving into the Fundamentals of Cryptocurrency as a Form of Digital Payment. This resource outlines definitions, process flows and the role of participants in cryptocurrency.

Cryptocurrency 94

Cryptocurrency Digital Payments Innovation Payments 94

The Fintech Times

FEBRUARY 5, 2024

To better understand the role collaboration plays in driving innovation within fintech and banking, we hear from Jackie Toole , vice president of financial services at NTT DATA Services , who offers her expertise on the topic. Despite this, both parties stand to gain a lot when it comes to partnering with one another.

Innovation 116

Innovation FinTech Regulatory Compliance On-Demand 116

The Fintech Times

MAY 14, 2024

Ripple , the global payments and financial solutions provider, is accelerating blockchain education in the US as its University Blockchain Research Initiative (UBRI) renews its $1.05million partnership with Morgan State University to support blockchain innovators across America’s Historically Black Colleges and Universities (HBCUs).

Blockchain 117

Blockchain Innovation Research Deepfake 117

Fintech News

NOVEMBER 5, 2024

The State Bank of India (SBI) has partnered with APIX , a global innovation platform connecting financial institutions and fintechs, to launch the SBI Innovation Hub at the Singapore Fintech Festival. The hub will serve as a space for fintechs, startups, and innovators to create new financial solutions for SBI’s customer base.

Innovation 109

Innovation Financial Inclusion API FinTech 109

Open Banking

SEPTEMBER 9, 2024

The delivery of VRP for sweeping functionality opens significant opportunities for fintechs to collaborate with these banking providers, introducing new and innovative financial services to their customers. By leveraging sweeping functionality, third-party providers (TPPs) can help drive the next wave of financial innovation.

Innovation 121

Innovation Message Standards API Enrollments 121

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 Finance

NOVEMBER 12, 2024

There, the most prominent experts in the field will be sharing their strategic assessments and their thoughts on the latest technological innovations, upcoming regulatory changes and major challenges facing the market. Those prizes recognize the most impactful and disruptive innovations on the identification and payment market.

Innovation 98

Innovation Web 3.0 Fraud Detection Payments 98

Fintech Review

JUNE 25, 2024

This distributed ledger technology ensures that all participants in a transaction have access to the same information. Through innovations like smart contracts, cross-border transactions, and enhanced transparency and security, blockchain is redefining how financial transactions are conducted globally.

Blockchain 95

Blockchain Technology Innovation Cross-Border 95

Fintech News

AUGUST 11, 2024

Thailand’s digital asset sandbox aims to foster innovation in the capital market while ensuring regulatory compliance through a flexible framework. The sandbox allows participants to test a range of six eligible digital asset-related services. The decision to establish the Sandbox was initially approved by the SEC Board in March.

Regulatory Compliance 118

Regulatory Compliance Participant Advisors Adjustments 118

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. We’re excited to be part of a truly pioneering initiative that will hopefully inform other future innovations.”

Payment APIs and Integration 137

Payment APIs and Integration Blockchain Finance Digital Payments 137

Fintech News

APRIL 3, 2024

As an experimental venture under the BIS Innovation Hub, Project Agorá will focus on developing and delivering innovative solutions to the global central banking community. The BIS plans to invite private financial institutions to participate in Project Agorá, with the IIF facilitating the involvement of the private sector.

Cross-Border Payments 121

Cross-Border Payments Cross-Border Central Bank Federal Reserve 121

The Fintech Times

AUGUST 28, 2024

Eddie Yue, chief executive at HKMA “Since the launch of Project Ensemble in March, we have been encouraged by the strong interest from the industry in pioneering innovative solutions to redefine the digital finance landscape,” explained Eddie Yue , chief executive of the HKMA.

Interbank Settlement 134

Interbank Settlement CBDC Settlement Use Case 134

Fintech News

NOVEMBER 5, 2024

The pilot program will begin in Singapore, allowing Visa cardholders from participating banks like DBS, OCBC, and UOB to pay with their palms at select merchants. Once registered, users can make future payments simply by waving their palm at participating merchants, eliminating the need for cards or phones.

Enrollments 120

Enrollments Payments Encryption Participant 120

Fintech News

MAY 12, 2024

Tenity, an innovation ecosystem specialising in early-stage fintech startups, has partnered with XDC Network to introduce a new accelerator programme aimed at revolutionising the US$28 trillion global trade industry. The XDC Accelerator Programme will help innovative founders shape the future of trade finance, asset tokenisation, and beyond.

Blockchain 139

Blockchain Innovation Participant Finance 139

Fintech News

OCTOBER 28, 2024

This year’s awards are also supported by 12 fintech community members, including Ripple, NETS, ADVANCE.AI, and HSBC, as part of the ‘Fintech Gives Back’ initiative, aimed at encouraging innovation and supporting emerging talent. Ripple, NETS, Syfe, and YouTrip returned as sponsors this year.

AI 96

AI FinTech Innovation Payment APIs and Integration 96

Fintech News

OCTOBER 8, 2024

Tenity, an innovation ecosystem specialising in early-stage fintech startups, is inviting applications for the ninth batch of its accelerator programme in Singapore. There is also a participation fee of SGD 15,000 for the programme. The programme offers startups pre-seed investment of SGD 70,000 in exchange for 2.5%

FinTech 113

FinTech APACS Participant Innovation 113

Fintech News

JUNE 11, 2024

This initiative responds to the rapid and complex development of financial innovations, such as distributed ledger technology (DLT) and smart contracts, which are transforming financial services. The BoT invites financial service providers and other interested companies to participate in this programmable payment test.

Distributed Ledger Technology (DLT) 124

Distributed Ledger Technology (DLT) Bots Payments Risk Management 124

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 125

APACS FinTech Participant ISO 20022 125

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 122

CBDC Bots Real Time Gross Settlement (RTGS) Non-Bank 122

Fintech Finance

DECEMBER 24, 2024

Customers can make transfers to any of the Gulf banks that are AFAQ participants effectively without having to worry about currency fluctuations or delays in transfers. Weyay is the first digital bank in Kuwait, providing an innovative and convenient banking experience to its customers through an advanced digital platform.

Cross-Border Payments 85

Cross-Border Payments Cross-Border Facilitators Participant 85

Fintech News

APRIL 8, 2024

Participants will delve into breaking barriers and fostering connections that transcend borders, facilitating cross-border trade, investments, and collaborations. Moreover, the event will include an immersive exhibition space where leading fintech companies, startups, and service providers will showcase their innovations.

FinTech 115

FinTech Cross-Border APACS Participant 115

Fintech News

OCTOBER 23, 2024

The BIS Innovation Hub (BISIH) Singapore Centre has announced the next phase of Project Nexus , aimed at making instant cross-border payments a reality. Indonesia will continue its participation as a special observer. Indonesia will continue its participation as a special observer.

Central Bank 124

Central Bank ISO 20022 Cross-Border Payments Cross-Border 124

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 119

CBDC Transactions Payment APIs and Integration Cross-Border 119

Fintech News

NOVEMBER 3, 2024

The Bank for International Settlements ( BIS ) Innovation Hub announced that it has “graduated out” of Project mBridge. Carstens also highlighted Project Agorá as another major BIS Innovation Hub initiative.

Cross-Border 121

Cross-Border Cross-Border Payments Central Bank Settlement 121

Fintech News

DECEMBER 5, 2024

Coinbase plans to hire country leaders in Thailand and the Philippines to coordinate with developers, regulators, and content creators, fostering innovation and adoption of blockchain-based solutions. This was enabled through Rubie , a baht stablecoin wallet developed by Siam Commercial Bank (SCB) in collaboration with Base.

Stablecoins 134

Stablecoins Cross-Border Payments Cross-Border Blockchain 134

Fintech News

APRIL 9, 2024

Participants in the programme will benefit from a US$50,000 (SG$67,390) grant, mentorship from industry experts, product-market fit advice, and networking opportunities with potential investors and industry partners. Jonas Thürig Jonas Thürig, Head of APAC at Tenity, expressed enthusiasm for fostering the growth of blockchain innovators.

Blockchain 104

Blockchain APACS Participant On-Demand 104

Open Banking Excellence

SEPTEMBER 6, 2024

Designed to foster impactful connections and collaborations, SFF is a platform to explore the intersections of cutting-edge financial solutions, evolving regulatory landscapes, and the latest technological innovations. Last year, we welcomed more than 66,000 participants from 150 countries.

FinTech 130

FinTech Facilitators Participant Economy 130

Fintech News

MAY 20, 2024

Payments giant Visa has unveiled the participants of its 2024 Accelerator Programme, featuring a diverse group of startups from around the globe, including female co-founders. The programme aims to develop innovative payment solutions by integrating these startups’ technologies with Visa’s products.

Cross-Border Payments 112

Cross-Border Payments Embedded Finance Cross-Border Participant 112

Open Banking Excellence

JULY 9, 2024

1, 2023 with the participation of nearly 130 customers of five of the country’s leading banks under the guidance of the National Bank of the Republic of Kazakhstan, the primary regulator driving the country’s Open Banking strategy. Regulator-led Pilot Focused on Open API Infrastructure Our pilot launched on Nov.

API 147

API Payment APIs and Integration Participant Regulations 147

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 113

Cross-Border Payments Cross-Border Interoperability Payments 113

Tearsheet

FEBRUARY 16, 2024

Beyond extending our partnership with Mastercard, we intend to partner on innovating for the banks that use the network by looking for additional use cases that they’ve expressed interest in and that would help drive volume across RTP,” said Lee Alexander, Executive VP and CIO at The Clearing House.

Instant Payments 119

Instant Payments RTP Visa TCH 119

Fintech News

MAY 15, 2024

Private sector financial institutions are encouraged to apply for participation in Project Agorá and the application window is open until 31 May 2024. This integration could improve the monetary system’s efficiency and enable innovative financial solutions using smart contracts and programmability.

Cross-Border Payments 139

Cross-Border Payments Cross-Border Federal Reserve Central Bank 139

Fintech News

DECEMBER 19, 2023

At the same time, adaptive regulations are acting as a facilitator for the fintech industry, providing frameworks that balance innovation with consumer protection and financial stability, all the while encouraging innovation in the banking sector and fostering competition in the sector. Register here.

FinTech 128

FinTech Web 3.0 AI Participant 128

Fintech News

MAY 8, 2024

The dialogue focused on various pivotal areas including sustainable finance, fintech innovation, non-bank financial intermediation, and cross-border payment connectivity. On the topic of fintech and innovation, the UK and Singapore exchanged insights on managing risks and harnessing opportunities in the digital finance landscape.

Finance 111

Finance Regulations Cross-Border Payments Cross-Border 111

Fintech News

NOVEMBER 5, 2024

The project is a collaboration between the Bank for International Settlements (BIS) Innovation Hub and central banks from India, Malaysia, the Philippines, Singapore, and Thailand. Project Nexus is designed to enhance cross-border payment efficiency by linking various domestic instant payment systems on a global scale.

ISO 20022 109

ISO 20022 Central Bank Cross-Border Payments Settlement 109

Fintech News

JULY 3, 2024

According to the project report containing conclusions and key learnings recently released by the Bank for International Settlements Innovation Hub (BISIH) Singapore Centre, there is a sizeable flow of intra- and extra-ASEAN payments that could be processed through Nexus. The potential impact of this initiative is substantial.

Cross-Border Payments 114

Cross-Border Payments Cross-Border Instant Payments Central Bank 114

The Fintech Times

SEPTEMBER 11, 2024

Launched in 2021, it is a collaborative effort between the CBUAE, the BIS Innovation Hub , the Bank of Thailand , the Digital Currency Institute of the People’s Bank of China , and the Hong Kong Monetary Authority. This milestone reflects our commitment to rapidly expanding our international payments arm.”

CBDC 126

CBDC Cross-Border Payments Cross-Border Transactions 126