Fintech News

DECEMBER 9, 2024

Under this initiative, over 15 industry trials across six currencies and multiple financial products have been conducted, demonstrating the viability and potential of tokenisation in capital markets. GL1 is not merely a technological endeavour; it also addresses the crucial aspects of governance, risk management, and compliance.

Cryptocurrency 114

Cryptocurrency Cross-Border Consumer Protection Facilitators 114

The Fintech Times

APRIL 12, 2025

To address this, Deloitte is working with Google Cloud and ServiceNow to advance Agent2Agent (A2A) Google Cloud’s new open standard for agent interoperability, which enables successful communication between agents across platforms and services.

AI 51

AI Interoperability Legal Consulting 51

PYMNTS

OCTOBER 15, 2020

That’s strong growth for something that is a mature payment product,” said Larimer. 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.” Interoperability In Focus .

Real Time Payments 125

Real Time Payments NACHA SWIFT TCH 125

The Fintech Times

APRIL 17, 2024

The project The project harnesses R3’s expertise in delivering sophisticated projects tailored for regulated markets, leveraging its pivotal shared ledger functionality through Corda, alongside its Digital Currency solution from the newly introduced R3 Digital Markets product suite.

Payment APIs and Integration 137

Payment APIs and Integration Blockchain Finance Digital Payments 137

Fintech News

APRIL 7, 2024

The stablecoin aims to improve the customer experience in payments and represents a significant use case in emerging markets for stablecoin disbursements. This move is also monumental for the XRP Ledger community, driving more use cases, liquidity and opportunities for developers and users.”

Stablecoins 120

Stablecoins Use Case Blockchain Regulatory Compliance 120

Fintech Finance

AUGUST 20, 2024

TerraPay , a global money movement company, announced a collaboration with 5 of the leading wallet operators to establish the “Wallet Interoperability Council”, aiming to leverage TerraPay’s technology to facilitate interconnection and interoperability in cross-border transactions.

Cross-Border Payments 52

Cross-Border Payments Cross-Border Interoperability Payments 52

Fintech News

MAY 27, 2024

Trialed Digital Tenge use cases include wholesale cross-border CBDC transactions with the Hong Kong Monetary Authority, CBDC vouchers for school meals, smart contracts designed to safeguard public funds allocated for road construction, and Digital Tenge stablecoins on the Binance cryptocurrency exchange.

CBDC 129

CBDC Transactions Payment APIs and Integration Cross-Border 129

PYMNTS

AUGUST 21, 2020

And there’ll be quite a bit of tinkering with the technology (especially the infrastructure) and the use cases to get there. It’s not about going to production.” Interoperability Is Key. To get there, interoperability is key, said Cunha. Digital dollars are a maybe – but if so, not for a while.

CBDC 107

CBDC Fed Federal Reserve ISO 20022 107

Fintech Finance

SEPTEMBER 13, 2024

The expertise around the room is showcased in this deliverable where we really delve into details around FIs moving into receiving instant payments,” said Miriam Sheril, Head of Product – US at Form3. I truly think this will be a huge asset to banks as they make their journey into the world of RTP and FedNow.”

Instant Payments 131

Instant Payments Faster Payments FPC Real Time Payments 131

Finovate

FEBRUARY 5, 2025

. “Account pre-validation and domestic verification solutions are extremely valuable for their intended use cases, but aren’t required to achieve VOP compliance,” Numeral Head of Product Marketing Matthieu Blandineau said.

Payee 59

Payee Verification API Payer 59

The Fintech Times

JANUARY 24, 2024

The launch of R3 Digital Markets will make it easier for regulated businesses to prepare for the digital future while enhancing current operations using Corda. R3 Digital Markets champions interoperability and ensures businesses are fully equipped to manage both digital and traditional assets effectively.

Distributed Ledger Technology (DLT) 64

Distributed Ledger Technology (DLT) Product Digital Currency Interoperability 64

Fintech Review

SEPTEMBER 11, 2024

The Web3 Foundation , in partnership with Scytale Digital , has led the seed funding round for Hyperbridge , a groundbreaking protocol poised to transform blockchain interoperability. Unlike existing point-to-point bridge models, Hyperbridge introduces a hub model that scales verifiable interoperability across all chains.

Interoperability 52

Interoperability Blockchain Authentication Security 52

The Payments Association

MARCH 18, 2025

Open finance is transforming financial services by enabling broader data-sharing, fostering competition, and driving innovation in payments and financial products. As more jurisdictions refine regulations and expand open finance frameworks, the focus will shift to interoperability, consumer trust, and cross-industry data integration.

Finance 88

Finance Payment APIs and Integration Non-Bank Embedded Finance 88

The Payments Association

JANUARY 13, 2025

Innovation in product offerings As legal clarity around digital assets improves, PSPs are uniquely placed to innovate and diversify their services, leveraging the new frameworks to offer tailored solutions to both consumers and businesses.

Legal 88

Legal Stablecoins Cross-Border Due Diligence 88

PYMNTS

DECEMBER 18, 2017

“If I send you a message, there is all kinds of interoperability happening in the background that is moving the data from one network to another and one platform to another. If I bring that back to payments, say I want to use a card product on a specific network. Integrations Vs. Interoperability.

Interoperability 47

Interoperability Payments Payee Bitcoin 47

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

Fintech Finance

AUGUST 14, 2024

We have already seen successful use cases on our Whale platform in areas such as instant tax refund services and SME cross-border payments, and we will continue working together with industry partners and leveraging blockchain technology to enable more open and inclusive cross-border payments.”

Liquidity Management 98

Liquidity Management Treasury Multi-Currency Cross-Border Payments 98

Fintech Finance

OCTOBER 15, 2024

The first banks to go live in production are CEC Bank and Libra Internet Bank, BRD Groupe Societe Generale, ING Bank Romania, BCR, and Banca Transilvania are also in advanced stages of implementation, with RoPay set to launch later this year and in 2025. 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

PYMNTS

OCTOBER 12, 2020

These comment letters highlighted the need for features to address accessibility, interoperability, security, liquidity, and fraud prevention,” Montgomery said. Looking Toward Interoperability And Scale . Interoperability is a core component” of FedNow, said Montgomery.

Instant Payments 97

Instant Payments FedNow Fed Interoperability 97

The Fintech Times

SEPTEMBER 17, 2024

Xalts explained that, through its partnership with Avalanche, it will provide out-of-the-box solutions for various use cases such as the tokenisation of funds, securities, commodities and trade finance assets, digital currencies, and CDBCs.

Multi-Currency 69

Multi-Currency Use Case Blockchain Digital Currency 69

PYMNTS

NOVEMBER 27, 2019

According to Tom Halpin, head of payment products at HSBC , faster and real-time payment services don’t only provide the value of speed for corporate clients, especially in the context of cross-border transactions. A lack of interoperability between local payment networks is among the largest of those hurdles, said Halpin.

ISO 20022 117

ISO 20022 Cross-Border Payments ISOs Cross-Border 117

PYMNTS

JANUARY 22, 2019

Financial Innovation Now (FIN) submitted a public letter in December, contending that the Fed was best-positioned to operate a ubiquitous, interoperable real-time payments network. 3: The almost across-the-board price point for products at Brandless, which recently rolled out a subscription service. DBI) in 2018.

Faster Payments 66

Faster Payments Real Time Payments Ubiquitous Debit Card 66

Faster Payments Council

NOVEMBER 3, 2019

Collaboration with Glenbrook Partners Uncovers Key Industry Views on Faster Payments Advancements; Need for Ubiquity, Interoperability, Strong Dispute Resolution The U.S. Industry Support for Interoperability Survey respondents were asked how important it is to achieve interoperability across compatible faster payments systems in the U.S.

Faster Payments 68

Faster Payments FPC Interoperability Payments 68

PYMNTS

MARCH 17, 2020

In an interview with Karen Webster, Philipp Pointner, chief product officer at Jumio , said the coronavirus may hasten a shift from paper and plastic documents toward digital ID verification. And then,” Pointner told Webster, “you have the overarching, strategic developments of digital identities that can be interoperable.”.

Authentication 86

Authentication Verification Interoperability Cross-Border 86

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.

Central Bank 75

Central Bank Settlement Distributed Ledger Technology (DLT) Interoperability 75

Fintech Finance

OCTOBER 30, 2024

As part of Fnality’s vision to develop a regulated FMI that addresses a variety of pain points across the financial market, these successfully settled margin transfers are a first step in exploring the potential use of £FnPS for cleared margin payments in the future, subject to further regulatory analysis.

Distributed Ledger Technology (DLT) 96

Distributed Ledger Technology (DLT) Liquidity Management Central Bank Payments 96

PYMNTS

OCTOBER 2, 2019

Although progress has been made on the reach and infrastructure, and on the range of products and solutions on offer, there still is much work to be done to spur adoption, he added. The Use Case – and B2B. Kohli said person-to-person (P2P) use cases are among the first to gain ground. Interoperability is Key.

Instant Payments 63

Instant Payments Interoperability Cash Management Cross-Border 63

Faster Payments Council

FEBRUARY 2, 2022

The FPC conducted the latest survey of payments system stakeholders to gauge progress and perceptions around faster payments, trends, use cases, and challenges in the United States. Many respondents also reminded us that we have not reached an ideal state with the need for interoperability again perceived as key to success."

Faster Payments 68

Faster Payments FPC Interoperability Cross-Border 68

PYMNTS

JANUARY 21, 2019

where almost everyone is now banked) and made the case for why the Fed was positioned as the best player to operate a ubiquitous, interoperable real-time payments network – even though the Fed doesn’t have a great track record at payments innovation ( #killthecheck ). It isn’t real-time, but it seems good enough for a lot of use cases.

Faster Payments 77

Faster Payments Same Day ACH Fed Real Time Payments 77

The Payments Association

MARCH 17, 2025

Additionally, allocating dedicated regulatory support to accelerate product innovation for scale-up firms will provide regulatory certainty to innovate with confidence. Adopting a risk-based, market-access framework: A tiered model could assess stablecoins based on their use case (e.g.,

Regulations 88

Regulations Risk Stablecoins Payments 88

PYMNTS

SEPTEMBER 11, 2017

Solving the hard problems around data exchange, service interoperability, and improved onboarding experiences for new business customers – now that’s a language that banks can understand. Offer to fix that, she said, and banks won’t care what techy acronym you’re using. They struggle even to imagine what APIs mean. Rebranding The API.

API 76

API Interoperability Non-Bank Accounts 76

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. Project Orchid, and the 1st use of purpose bound money, in partnership with Grab.

Stablecoins 111

Stablecoins Cross-Border Cross-Border Payments Blockchain 111

PYMNTS

OCTOBER 2, 2019

The increased use and adoption of P2P technologies, like Zelle and Venmo, demonstrates the consumer demand for this type of frictionless payment option. Settling funds faster, no matter the use case, benefits the entire ecosystem, and takes liquidity risk out of the equation. The financial institutions in the U.S.

C2B 81

C2B Faster Payments Real Time Payments Lockbox 81

The Payments Association

JANUARY 21, 2025

Payments providers will need to prioritise interoperability and compliance to unlock growth while addressing security and volatility concerns. AI is playing a transformative role, with fraud detection and prevention leading as the top use case (85%), followed by compliance monitoring and personalised customer experiences.

Payments Trends 88

Payments Trends Financial Crimes Cross-Border Payments 88

The Fintech Times

JUNE 8, 2024

Rajat Mishra , COO at Onafriq , commented: “By leveraging VGS’s best-in-class technology and combining it with Onafriq’s unique expertise around payment interoperability, we are confident that we can drive meaningful impact and shape the future of fintech across MEA.”

Security 64

Security FinTech Credential Interoperability 64

PYMNTS

NOVEMBER 26, 2019

Source-to-pay solution provider Basware now offers its business automation resources on the SAP App Center , the digital marketplace for systems applications and product (SAP) partner offerings, Basware announced on Tuesday (Nov. The prototype uses SAP’s Payment Engine application to initiate, process, clear and settle transactions.

Real Time Gross Settlement (RTGS) 60

Real Time Gross Settlement (RTGS) Distributed Ledger Technology (DLT) Settlement Blockchain 60

The Fintech Times

APRIL 5, 2024

“Institutions entering this space are finding success by partnering with compliant, crypto-native players and Ripple’s track record and resiliency speaks for itself, as we launch new products and acquire companies through multiple market cycles. There is demand from Ripple’s customers in emerging markets to enable stablecoin payouts.

Stablecoins 64

Stablecoins Use Case Blockchain On-Demand 64