Fintech Finance

JANUARY 25, 2024

Leading account-to-account (A2A) payment infrastructure provider, Token.io , has announced it has become an official participant in the SEPA Payment Account Access (SPAA) scheme: a commercial API initiative that will enable greater innovation and unlock wider adoption of A2A payments in Europe. As a SPAA participant, Token.io

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The Fintech Times

SEPTEMBER 25, 2024

The HKMA completed Phase 1 of the e-HKD Pilot Programme in October 2023 and had studied domestic retail use cases in various areas such as programmable payments, settlement of tokenised assets, and offline payments. We look forward to working closely with industry participants in Phase 2 to co-create various innovative use cases.”

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Tearsheet

FEBRUARY 16, 2024

This extended partnership will focus on integrating additional instant payment use cases across a range of payment flows for consumers, businesses, and governments. FedNow and RTP are eyeing new use cases to compete for bank partnerships, however, achieving widespread adoption remains a shared hurdle for both instant payment rails.

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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. The first available use is for proximity-based person-to-person (P2P) payments.

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Open Banking Excellence

NOVEMBER 9, 2023

The number of adults using Open Banking in the UK represents around 10% of the adult population. The adoption of account data services has lagged behind Open Banking payments, whilst the number of Open Banking use cases is limited and it has not yet entered daily or weekly usage for most consumers and businesses.

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Fintech Finance

OCTOBER 16, 2024

Since February, Swift has been working with leading global financial institutions to explore how federated learning, combined with privacy-enhancing technologies, could enable market participants to share information without revealing their proprietary data.

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Fintech Finance

AUGUST 15, 2024

Sionic teamed with Google Cloud Consulting to design and build the specific use case AI models. “We are investing heavily in a comprehensive and innovative instant payments system, with the kind of security that is lacking in today’s real-time payment landscape,” said Matt Watson, chief technology officer at Sionic. ”By

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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.”

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The Fintech Times

MAY 31, 2024

However, the idea that digital assets are exclusively some form of currency is slowly falling by the wayside as different use cases are emerging and being rapidly adopted. One innovation I see is the use of innovative technology to secure transfers of stablecoins and provide verification of the stablecoin’s reserve backing.

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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.

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The Fintech Times

MAY 21, 2024

However, the idea that digital assets are exclusively some form of currency is slowly falling by the wayside as different use cases are emerging and being rapidly adopted. However, in the last couple of years, behind the scenes, some developers have continued to bet on the technology for other use cases.

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PYMNTS

MARCH 11, 2020

Below, PYMNTS rounds up the latest in commercial card innovation. The Series B+ investment was led by Eight Roads, Ribbit Capital and Glade Brook Capital, while BitRock Capital and existing backers also participated. QuickBooks Adds Card Payment Support.

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Fintech Finance

JUNE 17, 2024

Mastercard’s global network and innovative digital solutions, paired with Thought Machine’s next-generation core banking and payments platform, can enable financial institutions to accelerate the transition from legacy core banking and payment technologies to cloud-native ones and provide their customers with efficient, seamless banking experiences.

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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.

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Faster Payments Council

AUGUST 23, 2024

This session will provide a comprehensive analysis of key industry metrics, highlight opportunities for innovation, and offer strategic guidance to navigate the evolving landscape of payments. It's time to confront the harsh reality—innovation alone doesn't drive broad adoption. What are the pros and cons?

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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. 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.

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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.

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The Fintech Times

AUGUST 19, 2024

This will enable users to pursue various digital asset use cases. Furthermore, it will allow banks to participate in the virtual asset economy. Bitpanda Technology Solutions is fully modular, enabling us to tailor products to our partners’ needs. This partnership exemplifies the importance of that flexibility.

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The Fintech Times

FEBRUARY 24, 2024

It has entered the official register to become one of the first participants of the European Payments Council ’s newly launched SPAA scheme. Having played a key role in shaping SPAA to this point, it’s brilliant to be among the first participants to join the scheme,” said Andrew Boyajian, Tink’s VP of payments and customer experience.

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PYMNTS

MAY 16, 2019

That provides a rough idea of some of the motivation behind Mastercard ’s latest effort in payments and commerce innovation — an effort described in depth in a new PYMNTS interview between Karen Webster and Amnah Ajmal, Mastercard’s executive vice president of core products. Not Just A Number. FinTech Role.

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Fintech News

JUNE 19, 2024

This means that unlike a lot of digital assets, whose practical applications might not be known for some time (if ever), stablecoins have begun to show demonstrable real-world use cases. Tianwei acknowledges these concerns, but points out that the open-source nature of public blockchain technology can actually enhance security.

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The Fintech Times

FEBRUARY 29, 2024

By bridging the XRPL with Axelar’s network ecosystem of interconnected blockchains, this initiative broadens the scope of interoperability, enabling the XRPL to tap into new ecosystems and drive forward multi-chain innovation. XRPL adds a powerhouse of DeFi and RWA innovation into the growing Axelar ecosystem.

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Fintech Review

SEPTEMBER 23, 2024

Upcoming features include 3D AI character use cases like AI assistants, traders, teachers, and personal shoppers. DAO Governance : $MATRIX holders can participate in governance decisions, including the development of new dApps and protocol upgrades within the Matrix One ecosystem.

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The Fintech Times

JULY 10, 2024

“Fiat-to-crypto transactions help new users access and participate in the crypto ecosystem, which fuels the growth of the crypto economy and unlocks new use cases, financial products, and business models,” explained Ivan Soto-Wright , co-founder and CEO of MoonPay.

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The Fintech Times

MAY 30, 2024

“Continued adoption from industry participants like PayPal helps realise the next generation of fintech innovation.”

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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.

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PYMNTS

MAY 24, 2019

As the sharing economy grows, more customers are participating in clothing rental models and the features and functions they want are changing fast. This might attract customers, but retaining them requires constant innovation. Maintaining that level of flexibility as the platform expands will be critical to its success. Johnson said.

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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.

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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.

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Finovate

APRIL 4, 2024

The Banking-as-a-Service (BaaS) solutions provider unveiled the new embedded banking solution in an announcement today that highlights how Account Galaxy can help banks participate in embedded banking. Account Galaxy offers two main use cases to facilitate BaaS functionality: advanced payment processing and flexible accounting capabilities.

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CB Insights

SEPTEMBER 26, 2018

One solution: in-house healthcare innovation labs. See how Google is using AI to transform the $3 trillion US healthcare system. We put together a list of healthcare innovation labs from new entries to the field, as well as some of the oldest — and most familiar — names in health. Founded: 2008. Start small.

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The Fintech Times

MAY 18, 2024

Eurosystem , the monetary authority of the eurozone, has been exploring the possible use cases of distributed ledger technology (DLT) to conduct wholesale settlement in central bank money. It has now completed its first experiment using DLT, giving the monetary authority a glimpse into the potential merits of the tech.

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PYMNTS

JUNE 24, 2020

With corporate travel still on pause, commercial card innovation has taken a different direction. The case may also signal an opportunity for commercial card issuers and solution providers to develop more robust anti-fraud measures. Swile Lands VC For Corporate Meal Card. The company has just secured a $78.7

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PYMNTS

JANUARY 8, 2021

In short, the global pandemic has ushered in rising usage — and use cases — for TCH’s RTP ® network, and Whisler doesn’t see that slowing down anytime soon. To me, the bottom line is the more volume, the better the pricing for all participants in the industry,” she said. RTP Outlook.

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Fintech Finance

AUGUST 20, 2024

The council aims to facilitate merchant payments, international remittances, and other use cases in cross-border transactions interconnecting their diverse platforms, advancing global wallet interoperability. We believe that all participants will win with this council; however, our wallet consumers would be the real winner.”

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Finovate

MAY 13, 2024

The rise of enabling technologies such as AI will both steepen customer expectations as well as accelerate competition between companies to effectively deploy new, innovative solutions. The insurance business is ripe for innovation. Looking at the U.S.,

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Fintech Finance

APRIL 17, 2024

It will also provide the foundation for new payment products and services to be introduced by members and innovators leading to greater payment choice and convenience for all Canadians. The launch of Lynx represented a significant collaborative effort between Payments Canada, its member participants, regulators and technology partners. “We

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