PCI Security Standards

JANUARY 14, 2025

Welcome DataStealth, a new Principal Participating Organization (PPO) at the PCI Security Standards Council! In this special spotlight edition of our PCI Perspectives Blog, DataStealths CEO, Ed Leavens, introduces us to his company and how they are helping to shape the future of payment security.

Participant 116

Participant Payment Security Security Payments 116

PCI Security Standards

MARCH 11, 2025

Bank, a new Principal Participating Organization (PPO) at the PCI Security Standards Council! Welcome U.S. In this special spotlight edition of our PCI Perspectives Blog, U.S. Banks VP PCI Program Management, Richard Mann, introduces us to his company and how they are helping to shape the future of payment security.

Participant 108

Participant Payment Security Security Payments 108

Finextra

NOVEMBER 11, 2024

The Reserve Bank of Australia is calling on industry players to take part in the experimental research phase of a project exploring the development of a wholesale CBDC and tokenised bank deposits.

CBDC 128

CBDC Participant Research 128

Fintech News

NOVEMBER 18, 2024

Participants can attend in person or via livestream to hear from experts, including keynote speaker Dr. Bruce McCabe , a global futurist, who will discuss the future of payment security. The event aims to equip participants with actionable ideas and solutions to bring back to their organizations.

Payment Security 123

Payment Security Security Participant Industry Trends 123

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

OCTOBER 30, 2024

We are excited to participate in and to explore other opportunities to collaborate with J.P. Morgan, said, “We are pleased to collaborate with OCBC in demonstrating the ability and interest for lenders to participate in an intraday liquidity market. Morgan on our joint digital agendas.”

Blockchain 130

Blockchain Liquidity Management Returns Participant 130

Fintech News

NOVEMBER 7, 2024

Bill Deng “We are very pleased to participate in the Singapore Fintech Festival. We hope to serve SMEs in Singapore in the future, radiating to the ASEAN region, utilising technology to help SMEs efficiently participate in global trade and enhance their global competitiveness.”

Cross-Border Payments 111

Cross-Border Payments Cross-Border Payment Solutions Payments 111

Fintech News

DECEMBER 10, 2024

Federated learning allows participating institutions to train AI models on their own data and share only the learnings, not the data itself, with a central server managed by Swift. This will enable collaborative intelligence without compromising the privacy or security of sensitive financial data.

SWIFT 111

SWIFT AI Innovation Fraud Detection 111

Fintech News

APRIL 2, 2025

They intend to expand participation to other jurisdictions over time. The European Central Bank and Bank Indonesia will participate as special observers during this phase. Following the release of a blueprint in July 2024, the founding central banks are providing the initial capital to build and launch the platform.

Global Payments 104

Global Payments Cross-Border Payments Central Bank Cross-Border 104

Fintech News

APRIL 8, 2025

This development follows the NBCs formal expression of interest to participate in the initiative. The growing number of participants reflects the initiatives expanding influence and its potential to further strengthen regional collaboration on payment connectivity and financial integration. Governor of the NBC, H.E.

Cross-Border 80

Cross-Border Cross-Border Payments Central Bank Payments 80

Fintech Finance

NOVEMBER 18, 2024

For low-income individuals and small businesses relying heavily on remittances and international trade, these barriers prevent them from fully participating in the global economy.” Additionally, the lack of affordable financial services can inhibit entrepreneurship in emerging markets.

Cross-Border Payments 136

Cross-Border Payments Cross-Border Transactions Financial Inclusion 136

Fintech Finance

DECEMBER 11, 2024

Heres how it works for Swift: A copy of Swifts anomaly detection model is sent to each participating bank. As new threats emerge, the shared knowledge pool helps all participants quickly adjust their models and their fraud prevention tools. Each financial institution trains this model locally on their own data.

SWIFT 95

SWIFT AI Cross-Border Payments Privacy 95

Fintech Finance

JANUARY 21, 2025

In the architecture of the VOP scheme, the EDS enables reachability and interoperability between VOP scheme participants. The EDS will be accessible to scheme participants adhering to the VOP scheme and to the Routing and Verification Mechanisms (RVMs) operating on their behalf.

SWIFT 98

SWIFT Payee IBAN RFP 98

The Payments Association

JANUARY 3, 2025

This session drew participants from diverse industries, including retail, travel, telecommunications and hospitality, each grappling with unique yet interconnected fraud challenges. The topic concluded with participants agreeing that fraud is no longer limited to traditional theft or hacking. This is a loophole that needs to be closed.

Fraud Detection 88

Fraud Detection Fraud Prevention Participant Financial Crimes 88

Fintech News

JANUARY 22, 2025

The launch ceremony, led by NBC Governor Dr. Chea Serey, brought together about 300 participants, including representatives from government ministries, international payment firms, and private companies. The app also enables users to transfer funds to their individual Bakong accounts, offering an alternative to cash transactions.

Financial Inclusion 136

Financial Inclusion Interoperability Payments International Payments 136

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. “AFAQ” is set to transform how users engage with digital payments.

Cross-Border Payments 98

Cross-Border Payments Cross-Border Facilitators Participant 98

Fintech Finance

MARCH 24, 2025

Monzo customers can enjoy full access to all features of Monzo Split, including creating splits, inviting participants, adding expenses from various accounts and cards, and sending reminders to ensure everyone stays on track. Customers on a paid plan can even add payments directly from connected accounts, so everything can be automated.

Participant 96

Participant Accounts Automation Finance 96

Fintech Finance

NOVEMBER 29, 2024

The inclusion of the Norwegian krone in TIPS, which is part of the Eurosystem’s TARGET Services, is planned for the first half of 2028 and will enable market participants in Norway to settle payments instantly, around the clock and in central bank money.

Instant Payments 138

Instant Payments Central Bank Settlement Agreements 138

NFCW

MARCH 6, 2025

Residents of the US state of Arkansas are now able to add a digital version of their driver’s license or state ID to their smartphone and then use their digital ID to verify their identity to participating businesses and venues as well as law enforcement agencies and, soon, for air travel.

Law Enforcement 98

Law Enforcement Credential Laws Participant 98

Fintech Finance

NOVEMBER 1, 2024

Shopify Ventures and Capital One Ventures also participated in the funding round, which will help fuel the company’s growth through partnerships. Accel, Bessemer, Coatue, Frontline Ventures, General Catalyst, Latitude and Thrive Capital also participated in the latest funding round.

B2B 105

B2B Payments Participant Accounts 105

Fintech News

DECEMBER 5, 2024

During the event, participants, including non-Thai attendees, were able to convert dollar stablecoins to baht stablecoins without foreign exchange fees. Coinbase’s Base platform, which operates as a second layer on the Ethereum blockchain, showcased its potential at Devcon, an Ethereum-focused expo held in Southeast Asia.

Stablecoins 135

Stablecoins Cross-Border Payments Cross-Border Blockchain 135

Fintech Review

JANUARY 30, 2025

Moreover to the previous point: market participants must develop a clear system of operational reporting of incidents regarding digital resilience violations to the authorities; Testing and resilience. According to DORA, market participants must conduct systematic stress tests with the various breach scenarios; Third-party risk management.

Regulations 98

Regulations Risk Management Participant Cybersecurity 98

The Fintech Times

APRIL 11, 2025

This new solution will connect Taurus -PROTECT clients to enhance collaboration with industry participants that are looking to rapidly adopt digital assets. Network participants retain control of their assets and never rely on Taurus to enter or unwind transactions. Instant transfer confirmation is also possible.

Participant 59

Participant Settlement Irrevocability Compliance 59

Fintech News

NOVEMBER 18, 2024

Customers can now deposit SGD into their OKX accounts using PayNow and withdraw funds via FAST, provided their bank is one of the 27 institutions participating in the service. These improvements are the first of many part of a broader effort to enhance OKX’s platform, providing users with a more streamlined and efficient experience.

Cross-Border 114

Cross-Border Verification Payments Institute Participant 114

Fintech News

NOVEMBER 6, 2024

Zack Chestnut “The additional markets for which Nium is able to provide data coverage will expand Confirm’s significant global reach even further, providing incremental value to inquiring participants on the network without requiring any incremental technology uplift.

Cross-Border Payments 117

Cross-Border Payments Cross-Border Account Validation Credit Union 117

Fintech News

APRIL 21, 2025

The network aims to enable faster, lower-cost international money transfers by utilizing stablecoins such as USDC, EURC, and other regulated digital currencies for real-time settlement between participants like banks, payment providers, virtual asset service providers, and digital wallets.

Cross-Border Settlement 67

Cross-Border Settlement Cross-Border Stablecoins Settlement 67

The Fintech Times

FEBRUARY 17, 2025

SCBHK, Animoca Brands and HKT have been jointly participating in the HKMA stablecoin issuer sandbox launched in July 2024, to explore how stablecoins can play a key role in the development of financial markets and payments by bridging Web3 and traditional finance, thus strengthening Hong Kongs position as a global digital assets hub.

Stablecoins 104

Stablecoins Issuers Use Case Cross-Border Payments 104

The Payments Association

APRIL 8, 2025

This session drew participants from diverse industries, including retail, travel, telecommunications and hospitality, each grappling with unique yet interconnected fraud challenges. The topic concluded with participants agreeing that fraud is no longer limited to traditional theft or hacking. This is a loophole that needs to be closed.

Fraud Detection 88

Fraud Detection Fraud Prevention Scams Participant 88

Fintech Finance

MARCH 28, 2025

The report revealed an alarming trend in the democratization of payment fraud: 34% of consumers have seen offers to participate in payment fraud online—an 89% increase over 2024. Sift , the AI-powered fraud platform securing identity trust for leading global businesses, today released its Q1 2025 Digital Trust Index.

Consumer 59

Consumer Alternative Payment Methods Participant Debit Card 59

Fintech News

NOVEMBER 5, 2024

This initiative builds on OCBC’s participation in Project Orchid , a Monetary Authority of Singapore initiative to develop infrastructure for a digital Singapore dollar.

Authorization 107

Authorization Blockchain Payments Payment Solutions 107

TechCrunch Fintech

MARCH 27, 2025

Corporate spend management platform Mendel last raised in December 2021 — a $15 million Series A round and $20 million in debt — after participating in Y Combinators Winter 2021 cohort. Mexico City-based Mendel has raised $35 million in a Series B round of funding, it tells TechCrunch exclusively.

Participant 78

Participant FinTech 78

Fintech News

NOVEMBER 3, 2024

This project, involving central banks and over 40 private sector participants, explores the use of tokenised deposits and wholesale CBDCs to streamline cross-border payments, addressing inefficiencies in existing systems. Carstens reiterated that BIS projects adhere to international regulations to avoid facilitating sanctioned activities.

Cross-Border 120

Cross-Border Cross-Border Payments Central Bank Settlement 120

The Payments Association

APRIL 8, 2025

The participants also examined the role of collaboration in overcoming shared challenges, all while adapting to changing consumer expectations. Participants Emerging trends in merchant payments: The next 12 months The roundtable began with an exploration of emerging payment trends set to shape the industry.

Fraud Prevention 88

Fraud Prevention Instant Payments Alternative Payment Methods Participant 88

NFCW

MARCH 13, 2025

“These initiatives aim to encourage nationwide participation in testing and discussions, allowing MODA to refine the system based on test feedback and regulatory adjustments, with the goal of selecting pilot application scenarios and initiating trial operations by December this year.”

Credential 105

Credential Adjustments SWIFT Verification 105

Open Banking Excellence

FEBRUARY 6, 2025

The team is made up of technology and policy making specialists from a wide variety of sectors, and the aim is to work transparently, and with the participation of the public and private sector, to support Armenia in its ambitions to become a truly electronic society.

Governance 230

Governance Government Interoperability Central Bank 230

Fintech News

NOVEMBER 17, 2024

The exercise, held on 6 November 2024, allowed participants to test their incident response plans, explore potential regulatory interventions, and develop collaborative mitigation strategies. This exercise comes at a time of heightened awareness surrounding the potential for widespread disruption from technology failures.

Risk 114

Risk Best Practices APACS Authorization 114

Fintech News

NOVEMBER 27, 2024

The Series B initially secured US$60 million in July 2024, led by Peak XV Partners, with participation from J.P. Deutsche Bank has joined the extended Series B funding round for blockchain-based fintech firm Partior , bringing the total raised to US$80 million and marking the close of the round.

Cross-Border 114

Cross-Border SARS Multi-Currency Correspondent Bank 114