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

Fintech Finance

JANUARY 12, 2024

The post TrueLayer becomes first participant in SEPA Payment Account Access Scheme (SPAA) appeared first on Fintech Finance. The project aims to stimulate adoption of account to account payments, create a meaningful alternative to card companies, and help position the EU as a global digital leader.

Participant 52

Participant Accounts API Compliance 52

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 92

Payment Security Security Participant Industry Trends 92

Fintech News

NOVEMBER 5, 2024

To support the project, BIS has released detailed technical documentation , including implementation guides for each type of participant, ISO 20022 message, and API specifications to ensure the project meets international standards and supports scalability for future participants.

ISO 20022 106

ISO 20022 Central Bank Cross-Border Payments Settlement 106

Fintech News

NOVEMBER 6, 2024

Meanwhile, new participants like dtcpay and MariBank are set to go live by Q2 2025. Participating merchants include popular outlets such as Arnold’s Fried Chicken, Twelve Cupcakes, and ZooMoov. Survey results showed strong interest in SGQR+, with 75% of merchants indicating a desire to continue post-POC.

Interoperability 95

Interoperability Cross-Border Payments Reconciliation Participant 95

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 95

Cross-Border Payments Cross-Border Payment Solutions Payments 95

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 112

Enrollments Payments Encryption Participant 112

Fintech News

NOVEMBER 3, 2024

To speed up progress, MAS is now pushing for participants to commercialise their findings, fostering a connected network for trading tokenised assets. The SGD Testnet will be made available to eligible financial institutions participating in Project Guardian and Project Orchid, enabling them to settle transactions with S$ wholesale CBDC.

CBDC 97

CBDC Settlement Digital Currency Cross-Border 97

Fintech News

OCTOBER 23, 2024

Indonesia will continue its participation as a special observer. The latest 2024 report outlines the governance, business model, and technical architecture for Nexus, along with implementation guides for participants, including ISO 20022 message and API specifications.

Central Bank 116

Central Bank ISO 20022 Cross-Border Payments Cross-Border 116

The Fintech Times

NOVEMBER 18, 2024

Both Mastercard Move customers and Buna participants can leverage their existing technical and operational investments to reduce friction, time to market and improve cost of servicing customers. How does this partnership help Mastercard scheme participants work within the heavily fragmented MENA region?

Cross-Border Payments 67

Cross-Border Payments Cross-Border Visa Participant 67

Fintech News

AUGUST 11, 2024

The sandbox allows participants to test a range of six eligible digital asset-related services. To participate, entities must integrate their innovations into the development of digital asset services within the Thai capital market or join a similar sandbox from a money market regulatory agency.

Regulatory Compliance 110

Regulatory Compliance Participant Advisors Adjustments 110

Fintech News

OCTOBER 8, 2024

There is also a participation fee of SGD 15,000 for the programme. Participants will receive hands-on support from startup coaches, access to dedicated mentors, and connections to a network of investors and corporate partners to help refine their business models and accelerate market readiness. Applications close on 27 November 2024.

FinTech 104

FinTech APACS Participant Innovation 104

Open Banking Excellence

SEPTEMBER 6, 2024

Last year, we welcomed more than 66,000 participants from 150 countries. Helen Child Founder and CEO at Open Banking Excellence The post Singapore FinTech Festival appeared first on Open Banking Excellence. Transforming the way attendees engage and network at SFF, SFF MeetUp will facilitate over 20,000 one-on-one meetings.

FinTech 130

FinTech Facilitators Participant Economy 130

Fintech News

NOVEMBER 12, 2024

The Singapore Fintech Festival (SFF) 2024 wrapped up on 8 November, drawing 65,000 participants from 134 countries and regions. This year’s attendance slightly trailed last year’s record of 66,000 participants.

FinTech 86

FinTech Cross-Border Central Bank Participant 86

Fintech Finance

NOVEMBER 6, 2024

The collaboration will see Mastercard join Buna’s cross-border payment systems as a direct participant. Buna’s Real-Time Gross Settlement service, with its extended operating hours, and Instant Payments System’s 24/7 availability offer a unique advantage for direct participants.

Cross-Border Payments 92

Cross-Border Payments Visa Cross-Border Multi-Currency 92

TechCrunch Fintech

APRIL 17, 2024

Spend management startup Ramp has raised another $150 million at a post-money valuation of $7.65 New investor Khosla Ventures and existing backer Founders Fund co-led the raise, which also included participation from new backers Sequoia Capital, Greylock and 8VC. billion, the company confirmed to TechCrunch today.

Participant 130

Participant Posting FinTech 130

Fintech Finance

AUGUST 21, 2024

The Bank of Israel has announced the issuance of an identification code to a second global fintech company that has chosen to operate in Israel as a participant in a controlled payment system – Revolut Ltd. The post Bank of Israel Allocates an Identification Code to an International Entity: the Nonbank Payment Services Provider Revolut Ltd.

Service Provider 96

Service Provider Participant Payments Settlement 96

PYMNTS

JUNE 13, 2020

Virtual happy hours seem to have created genuine connections and enjoyment for some participants, and the events are convenient — no need to worry about a ride home. Will this new virtual bar culture hang on even as the world begins to recover? That’s hard to say. They’re also inexpensive compared to bars, and there’s no dress code.

Posting 85

Posting Innovation Participant Venmo 85

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 125

Blockchain Liquidity Management Returns Participant 125

Fintech News

NOVEMBER 12, 2024

This system allows for direct payments at approximately 100 participating merchants, further streamlining the payment process and promoting the adoption of digital currencies within Thailand. The post SCB 10X Introduces ‘Rubie Wallet’ for Stablecoin Payments at Devcon 2024 appeared first on Fintech Singapore.

Stablecoins 99

Stablecoins Bots Financial Inclusion Payments 99

Fintech News

NOVEMBER 6, 2024

With roamQR, users will be able to make payments using their preferred e-wallet at participating merchants across different countries. By serving as a switch, we are enabling connections among various e-wallets, merchant acquirers, and national networks, allowing anyone to participate and be recognized within the network.

PCI DSS 88

PCI DSS Cross-Border Payments Interoperability Push-to-Card 88

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 88

Cross-Border Verification Payments Institute Participant 88

Fintech Finance

AUGUST 29, 2024

Enrolled LibertyX mobile app users stage a transaction using the locator within the app, similar to a pre-staged purchase experience, and fulfill the transaction at an Atleos ATM that participates in LibertyX and is ReadyCode enabled. This feature is made possible through the Atleos ReadyCode API suite.

Bitcoin 111

Bitcoin ATM Enrollments Embedded Finance 111

Bank Automation

SEPTEMBER 11, 2024

“Amex has integrated with Knot’s CardSwitcher technology, which allows eligible card members to quickly and securely provide their payment information to participating merchants directly through the Amex website,” Stephanie Schultz, vice president and head […] The post Transactions: Amex, Knot launch card-on-file solution appeared first on Bank (..)

Transactions 80

Transactions Participant Automation Payment Solutions 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.” The post Cross-Border Payments in Numbers: Global Corporations Lost $120 Billion in Transaction Fees appeared first on FF News | Fintech Finance.

Cross-Border Payments 126

Cross-Border Payments Cross-Border Transactions Financial Inclusion 126

Fintech Finance

OCTOBER 25, 2024

Through a single and streamlined platform, players across the ecosystem – merchants, financial service providers, payments processors, digital wallets – will be able to present installment offers for consumers to any eligible credit card from participating issuers. Mastercard Installments provides trust and transparency.

Visa 98

Visa Issuers Payment APIs and Integration Point-of-Sale (POS) 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 91

B2B Payments Participant Accounts 91

Fintech News

NOVEMBER 7, 2024

Other private sector participants include Maya Bank, Philippine Airlines, PLDT Enterprise, Atram Investments, JuanHand, Bureau, Tala, Adjust, Finscore, CIBI, and Netcore. The post Digital Lending Report Unveiled at Philippines Pavilion During SFF 2024 appeared first on Fintech Singapore.

Financial Literacy 86

Financial Literacy Fraud Prevention Participant FinTech 86

Fintech News

AUGUST 28, 2024

Existing backer Saison Capital, the venture capital arm of Japan’s Credit Saison, also participated in the funding round. In 2020, Helicap secured US$10 million in its Series A funding round, with participation from Saison Capital, East Ventures, and others. The post Helicap Raises US$4.3 million during the same period.

Participant 101

Participant FinTech Finance Security 101

CB Insights

JUNE 17, 2020

The company has developed a number of additional features for Teams, including a “raise your hand” feature to indicate when a meeting participant wishes to speak; support for offline access; and an integration with RealWear industrial headsets. Some experts, however, aren’t so sure. Conversational AI/chatbots. Cloud call centers.

Posting 101

Posting Technology Online and Mobile Banking On-Demand 101

The Fintech Times

SEPTEMBER 11, 2024

Raheel Ahmed, group CEO of RAKBANK Raheel Ahmed , group CEO of RAKBANK commented: “The participation of RAKBANK in the mBridge platform and the execution of our first-ever central bank digital currency international payment highlight RAKBANK’s cutting-edge digital capabilities.

CBDC 125

CBDC Cross-Border Payments Transactions Cross-Border 125

Fintech News

SEPTEMBER 4, 2024

Beginning 6 September, restrictions on using digital assets as payment will be eased, and digital asset businesses under SEC supervision will be able to participate in the Bank of Thailand’s Programmable Payment Sandbox. These changes follow a public hearing held in July, where the SEC gathered feedback on the proposed amendments.

Bots 87

Bots Rules Participant Issuers 87

Fintech News

APRIL 3, 2024

The BIS plans to invite private financial institutions to participate in Project Agorá, with the IIF facilitating the involvement of the private sector. Being a member of the IIF is not a requirement to participate. Being a member of the IIF is not a requirement to participate.

Cross-Border Payments 112

Cross-Border Payments Cross-Border Central Bank Federal Reserve 112

Fintech Finance

SEPTEMBER 24, 2024

Through BancNet, InstaPay-participating financial institutions will be able to utilize the Fime Test Factory platform to test their instant payments solutions based on the ISO 20022 specification, the international standard for financial messaging.

Instant Payments 85

Instant Payments ISO 20022 ISOs Financial Inclusion 85

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 89

Risk Best Practices APACS Authorization 89

Fintech Finance

OCTOBER 11, 2024

Shoppers earn a percentage of purchases at participating retailers, and the money is stored in their Klarna ‘balance’ account. The post Klarna Cashback Drives $100M-Worth of Sales in Just Six Weeks appeared first on FF News | Fintech Finance. Over 1,000 cashback promotions have been launched.

Global Payments 101

Global Payments Payment Networks Participant AI 101

Fintech Finance

JULY 16, 2024

To qualify for the program, participants need to purchase and complete a Challenge. With a variety of payment methods, participants can now purchase a Challenge with cryptocurrencies* and start assessing their trading skills immediately.

Cryptocurrency 98

Cryptocurrency Payments Participant Gateways 98