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.

Use Case 130

Use Case API Fraud Prevention Risk 130

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.

NFTs 145

NFTs Use Case Non-Bank Facilitators 145

PYMNTS

AUGUST 13, 2020

B2B FinTechs are once again showing the different use cases for corporate card technology and how these offerings add value to the enterprise. Below, PYMNTS rounds up the latest in commercial card innovation: CarrierHQ Adds Access To Comdata Card. Participating truck stops include Ambest, TA-Petro, Sapp Bros and Roady’s.

Use Case 56

Use Case B2B Online and Mobile Banking Credit Cards 56

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 120

CBDC Transactions Payment APIs and Integration Cross-Border 120

Fintech Finance

MARCH 15, 2024

Federal Reserve Financial Services (FRFS) has introduced the new FedNow User Group to continue promoting collaboration among the 607 participating financial institutions and their service providers on the FedNow Service network.

Federal Reserve 52

Federal Reserve FedNow Participant Instant Payments 52

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.

RTP 139

RTP TCH Funding Agent Continuing Education 139

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

AI 96

AI Fraud Detection Technology Real Time Payments 96

Fintech Finance

MARCH 26, 2024

The cooperative has focused its innovation agenda on interoperability between digital currencies and tokenised assets to overcome the potential risk of fragmentation, caused by the development of digital currencies on different technologies and with different standards and protocols.

Cross-Border 52

Cross-Border Use Case SWIFT CBDC 52

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 123

CBDC Bots Real Time Gross Settlement (RTGS) Non-Bank 123

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.

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.

Central Bank 121

Central Bank Distributed Ledger Technology (DLT) Interoperability Cross-Border 121

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.

Visa 68

Visa Innovation Issuers Payments 68

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.

Innovation 73

Innovation Participant Research Product 73

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.

Visa 105

Visa Non-Bank Debit Card Payments 105

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 News

OCTOBER 6, 2024

Banks in North America, Europe, and Asia will participate, using Swift ’s platform to conduct transactions involving both digital assets and traditional currencies. Key use cases for these trials include payments, foreign exchange (FX), and securities transactions.

SWIFT 96

SWIFT Transactions Settlement Use Case 96

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

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 97

AI FinTech Innovation Payment APIs and Integration 97

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.

Interoperability 133

Interoperability Blockchain Payment APIs and Integration Risk Mitigation 133

PYMNTS

OCTOBER 15, 2020

Against that backdrop of moving away from paper payments, and toward ubiquitous real-time payments, TCH’s Waterhouse said there’s probably not a use case “that’s going to tip the scale here.” But he pointed to a use case that might be a bit under the radar. So that is certainly an aspiration.

Real Time Payments 125

Real Time Payments NACHA SWIFT TCH 125

Fintech Finance

OCTOBER 24, 2024

One-click e-commerce payments were identified as a top use case. Although 79% of surveyed banks believe CVRP will benefit their account holders and the UK payments ecosystem, only 32% expect to support CVRP for low-risk use cases in 2025, and just 26% for e-commerce use cases.

Risk 98

Risk Use Case Payments Debit Card 98

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

Innovation 52

Innovation Participant Central Bank Payments 52

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?

FPC 129

FPC ISO 20022 Federal Reserve Instant Payments 129

Fintech Finance

SEPTEMBER 17, 2024

Across the use cases explored, a number of potential benefits were discovered, including reducing fraud, improving efficiency in the process of home buying and reducing the cost of failed payments in the UK. New functionality, such as programmable payments and locking/unlocking of funds, was demonstrated across a range of use cases.

Regulations 98

Regulations Finance Settlement Legal 98

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.

Use Case 52

Use Case B2B Commercial Card Cross-Border 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. The first available use is for proximity-based person-to-person (P2P) payments.

Instant Payments 98

Instant Payments Online and Mobile Banking Processors Payments 98

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 129

FinTech Web 3.0 AI Participant 129

The Fintech Times

MAY 30, 2024

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

Stablecoins 119

Stablecoins PayPal Blockchain Venmo 119

PYMNTS

FEBRUARY 7, 2020

Eight Roads led the round, while Telefónica Innovation Ventures, Telekom Innovation Pool of Deutsche Telekom, HKT and Singtel Innov8 also participated, according to TechCrunch reports. The company plans to use the funding to ready its software for enterprise adoption and explore additional verticals into which it can expand.

B2B 98

B2B Blockchain Cross-Border FinTech 98

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.

Cross-Border Payments 98

Cross-Border Payments Cross-Border SWIFT AI 98

Finovate

OCTOBER 14, 2024

Real-world applications: See live demonstrations and hear real-life use cases from Dynatrace customers, showcasing practical implementations and outcomes. Interactive learning: Participate in a live Q&A session with experts, allowing you to get personalized answers to your specific challenges and questions.

AI 52

AI Innovation Regulatory Compliance Compliance 52

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 111

CBDC Distributed Ledger Technology (DLT) Cross-Border Central Bank 111

Fintech News

DECEMBER 9, 2024

The goal is to attract investment and innovation, maintain Singapore’s competitive edge in the global arena, and expand financial inclusion. However, this embrace of the new is not without a cautious side, as Singapore carefully balances innovation with robust regulation and consumer protection.

Cryptocurrency 105

Cryptocurrency Cross-Border Consumer Protection Facilitators 105

CB Insights

NOVEMBER 19, 2020

Applications are now open for our first-ever Blockchain 50 , a list of the most innovative companies that are applying or analyzing blockchain technology to solve business or consumer problems. These networks are “permissionless,” which means that anyone can participate. Use cases ultimately drive the choice of DLT network.

Blockchain 101

Blockchain Bitcoin Use Case Privacy 101

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.

Stablecoins 109

Stablecoins Cross-Border Cross-Border Payments Blockchain 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 137

Settlement Cryptocurrency Blockchain Digital Currency 137

PYMNTS

AUGUST 10, 2020

Waiting for the Fed — and its promise of interoperability, which requires participation from the private sector — is akin to playing the (very) long game. Expanding The Use Cases. Waterhouse said that getting banks to sign on is about showing them the relevant use cases that will drive revenue and even new customer acquisition.

Real Time Payments 138

Real Time Payments RTP TCH Federal Reserve 138