PYMNTS

NOVEMBER 10, 2020

With open banking technologies making their way beyond the world of consumer finance and into the business banking market, new use cases are emerging from the legislation that opens up bank account data and offers FinTechs opportunities for new functionalities via deeper data integrations. Emerging Use Cases.

Use Case 75

Use Case Payment APIs and Integration Accounts Finance 75

PYMNTS

NOVEMBER 3, 2020

As efforts to innovate payments infrastructure continue, speed remains top priority. One FI, First Bank, told the publication why B2B use cases are upping the demand for real time. But it's not only consumers driving demand for real time. B2B Drives ACH Volume Up.

Use Case 56

Use Case B2B Distributed Ledger Technology (DLT) ISO 20022 56

The Fintech Times

MAY 16, 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. Kick-starting our focus this May, we first look at some of the latest innovations seen in the digital asset ecosystem during the past year.

Innovation 80

Innovation Blockchain Stablecoins AI 80

Fintech News

DECEMBER 6, 2023

These examples show why LLM-based AI chatbots are a game changer: before, technological solutions had to be programmed for specific use cases. But now these new intelligent models can perform a range of different tasks and thus be utilised in different use cases. The article must be included as context for the prompt.

Innovation 90

Innovation AI Use Case Posting 90

The Fintech Times

MAY 22, 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. We set out to find out about the latest innovations in the world of crypto. In recent years, digital currencies have been all the rave.

Cryptocurrency 78

Cryptocurrency Innovation Bitcoin Blockchain 78

Fintech Finance

SEPTEMBER 11, 2024

Regulations have also played a crucial role in driving innovation and ensuring consumer protection. The post Account-to-Account Payments and Instant Payments Set to Spark New Wave of Innovation appeared first on FF News | Fintech Finance. The time is now to put those foundations in place.”

Instant Payments 83

Instant Payments Accounts Innovation Non-Bank 83

The Fintech Times

AUGUST 28, 2024

On 28 August 2024, HKMA officially launched the Project Ensemble Sandbox, which will test a wide range of tokenisation use cases, including the settlement of tokenised real-world assets (such as green bonds, carbon credits, aircraft, electric vehicle charging stations, and treasury management).

Interbank Settlement 134

Interbank Settlement CBDC Settlement Use Case 134

Fintech News

JULY 18, 2024

The Monetary Authority of Singapore (MAS) announced an additional commitment of S$100 million under the Financial Sector Technology and Innovation Grant Scheme (FSTI 3.0) This investment aims to advance innovation and adoption of these technologies in financial services.

AI 98

AI Use Case Fraud Detection Scams 98

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

PYMNTS

JANUARY 30, 2020

This week’s roundup of the latest open banking initiatives finds new use-cases in business payments, procurement, corporate cards and more. Mastercard Taps FinTech for Biz Card Boost. Mastercard wants to expand Europe’s commercial card adoption, and is turning to a FinTech partner to help. Palette Reflects on Build-Versus-Buy.

Use Case 64

Use Case Payment APIs and Integration FinTech Payroll 64

Payments Dive

APRIL 17, 2018

The arrival of smartphones, tablets and mobile applications within the workplace have revolutionized the way businesses operate and the way they interact with customers and prospects.

Use Case 60

Use Case Innovation 60

The Fintech Times

JULY 19, 2024

This investment is part of the Financial Sector Technology and Innovation Grant Scheme ( FSTI 3.0 ) and aims to foster innovation and enhance technological capabilities in finance. to: Bolster AI development and deployment : Support financial institutions in establishing AI innovation centres in Singapore.

AI 129

AI Fraud Detection Use Case Scams 129

PYMNTS

JANUARY 3, 2019

According to an article via the MIT Technology Review , this will be the year that blockchain becomes “boring,” with innovative projects that will “bear fruit” this year even amid the declines seen last year in the sector, and in cryptocurrencies. To that end, any number of analyses are coming in the blockchain arena.

Use Case 78

Use Case Blockchain Cross-Border Cryptocurrency 78

The Fintech Times

MAY 6, 2024

Countries in the Middle East are quickly accelerating their regulatory standards to enable and nourish the latest fintech innovations. The reportalso highlights a parallel drive for innovation in KSA, where the Kingdom has introduced ‘Implementing Regulations’ aimed at enhancing the efficiency of its payment system infrastructure.

Innovation 64

Innovation FinTech BNPL Regulations 64

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

PYMNTS

FEBRUARY 24, 2020

The one thing we all have to learn: it is not about the innovations themselves. It is about the use cases and the value we can create for the consumer and the professional customer. We get very excited about our innovative capabilities, and we are extremely proud of all of our IP and patents in this area.

Innovation 88

Innovation Use Case Consumer Product 88

Open Banking Excellence

MARCH 15, 2024

A look at four of Australia’s Open Energy use cases While the world has taken Europe’s lead on Open Banking, Australia started with an economy-wide approach informed by the Consumer Data Right (CDR), which implemented economy-wide Open Data.

Use Case 147

Use Case Non-Bank Consumer Accreditation 147

Fintech Finance

JUNE 3, 2024

VGS has announced a strategic partnership with Onafriq , Africa’s largest payments network, that is aimed at bolstering security and innovation for Fintechs across Africa and the Middle East. “We are thrilled to deepen our partnership with Onafriq and embark on this journey of innovation and collaboration,” said VGS CEO Chuck Yu.

Innovation 52

Innovation FinTech Security Credential 52

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.

Stablecoins 49

Stablecoins Innovation Cross-Border Issuers 49

Fintech Finance

FEBRUARY 22, 2024

Visa , a world leader in payments, today announced the opening of its transformed Singapore Innovation Center, a dedicated space for partners, clients and businesses in Asia Pacific. The Visa Singapore Innovation Center represents Visa’s vision of shaping tomorrow’s payments possibilities.

Innovation 52

Innovation Embedded Finance Payments AI 52

PYMNTS

SEPTEMBER 29, 2020

New payment rails are once again in the spotlight as real-time payments and cryptocurrency emerge as the top focuses for innovators. In this week’s look at payment rails innovation, the European Union begins paving the way for greater crypto adoption, while Mastercard expands its own crypto accelerator initiative.

Instant Payments 129

Instant Payments B2B Innovation ISO 20022 129

PYMNTS

JANUARY 21, 2020

Indeed, voice is an even hotter trend in the retail world, and combining the visual and voice aspects of commerce in the 2020s could lead to yet more innovation and disruption in the space. But the big companies and important executives are focused on innovation in that space, and that will certainly lead to more projects.

Use Case 84

Use Case Addressing Research Technology 84

PYMNTS

DECEMBER 15, 2020

Visa Talks Payment Rail Innovation. In a PYMNTS interview this month, Visa Global Head of New Payment Flows at Visa Business Solutions Alan Koenigsberg discussed the need for existing payment rails to innovate and adapt to new use cases. When we think about rails, we think about them as a means to an endpoint," he said.

Innovation 94

Innovation Cross-Border Payments Cross-Border Real Time Payments 94

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 The post Token.io

Innovation 52

Innovation Participant Central Bank Payments 52

PYMNTS

SEPTEMBER 18, 2020

This week's look at payment rail innovation is all about speed, both for legacy rails and new ones. SWIFT is expected to use an application programming interface (API) to streamline interactions between intermediaries. "We EVO Payments Wields Visa Rails for Merchants.

Innovation 116

Innovation Payment APIs and Integration SWIFT Real Time Payments 116

PYMNTS

JANUARY 30, 2020

“New analytics and new ways of using data will create new markets and new types of offerings.”. Those new markets and offerings might include customer loyalty programs and tools – just one example of how the spread of real-time payments could bring wider innovation and disruption. The market is growing,” Villarreal said.

RTP 58

RTP Use Case Real Time Payments Credit Union 58

PYMNTS

MARCH 22, 2019

The fact remains that use cases — where one might, for example, walk into Starbucks and get a cuppa joe with a fragment of bitcoin — seem a ways off. The delay comes even as $182 million in investor funding is in place, while the ultimate goal is to bring crypto toward use cases that involve retail transactions.

Use Case 49

Use Case Bitcoin Cross-Border Cryptocurrency 49

PYMNTS

NOVEMBER 10, 2020

Treasury Department is researching use cases for a central bank digital currency (CBDC), as well as drafting regulatory proposals for private stablecoins, U.K. Treasurer Chancellor Rishi Sunak said in a press release. Regulators are slow, and there’s a reason we’re slow,” she said, speaking at CoinDesk ’s Bitcoin for Advisors event. “We

CBDC 67

CBDC Use Case Privacy Cryptocurrency 67

PYMNTS

OCTOBER 7, 2020

Smaller companies were the focus of innovation in the commercial card space this week thanks to new cards designed for small and medium-sized businesses (SMBs). This week’s commercial card innovation tracker includes the launch of business cards by American Express and Amazon in addition to one by Wyndham Hotel & Resorts and Barclays.

Commercial Card 99

Commercial Card Innovation Push-to-Card Credit Cards 99

PYMNTS

SEPTEMBER 24, 2019

“With a lot of technology and technical innovation,” said Cohen, “people are always looking at it from a particular point of view, and that lens and those glasses – rose-colored or otherwise – are coming from a very specific individual with priorities and use cases in mind.”. It’s difficult to guard against experts in fraud.”.

Interoperability 72

Interoperability AML Money Laundering Innovation 72

PYMNTS

MARCH 11, 2020

Below, PYMNTS rounds up the latest in commercial card innovation. In Asia, venture capitalists have backed two commercial card startups — one in China, targeting employee expense management, and one in India, with a focus on linking startups to credit without the need for a personal guarantee. QuickBooks Adds Card Payment Support.

Use Case 52

Use Case B2B Commercial Card Cross-Border 52

PYMNTS

JULY 10, 2020

As financial solution providers and innovators wield technology to address the market’s unique pain points, Muller said that there is also the opportunity for cannabis to become a leader in payments evolution. “You can build technology in a flexible and modern way to serve more verticals and more use-cases,” he noted.

B2B 84

B2B Innovation Non-Bank Payments 84

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

Finextra

MAY 23, 2024

We explore specific use cases across banking operations, highlighting how generative AI, combined with explainable AI, enhances customer interactions, streamlines back-office processes, and improves risk and compliance screenings.

AI 72

AI Use Case Compliance Risk 72

Fintech Finance

JUNE 14, 2024

Fingerprint Cards AB (Fingerprints ) and WiBioCard , an Italy-based smart card integrator specializing in web access authentication, verification and physical and logical access control have partnered to offer innovative smart card solutions for the global access market.

Verification 91

Verification Privacy Authentication End User 91

Fintech News

AUGUST 21, 2024

This pilot reflects ongoing efforts to integrate blockchain technology into financial processes, aiming for broader use cases in the future. We envision this payment innovation being extended to more use cases including milestone-based project payments, consumer rewards and more.”

Government 82

Government Governance Blockchain Use Case 82

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.

Instant Payments 119

Instant Payments RTP Visa TCH 119