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A new Euro payments initiative spurs innovation, and is a model for the world

Payments Source

The European Payments Initiative sets up a unified and harmonized pan-European payment solution, providing major benefits to both consumers and merchants, says FIME's Arnaud Crouzet.

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Thai Governor Highlights Data, Cross-Border Payment Initiatives at SFF 2024

Fintech News

The post Thai Governor Highlights Data, Cross-Border Payment Initiatives at SFF 2024 appeared first on Fintech Singapore. Security enhancements across digital financial systems are also a key priority as Thailand continues to support its growing digital economy.

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The European Payments Initiative is a good idea that lacks ambition

Payments Source

EPI could potentially provide a bedrock for future European payments innovation. It arguably does not go far enough, says Icon Solutions' Michel Vaja.

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Open Banking Rolls Out Payments Initiation API

PYMNTS

bank-funded entity that was mandated by the Competition and Markets Authority to provide new ways for customers to share their financial data with non-bank providers, has released an API specification for accounts and transaction information and payments initiation. Open Banking, the U.K.

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Payments Initiation Opens The B2B Door For QR Code Payments

PYMNTS

While open banking FinTech innovation has initially focused on opening up bank account data to third party platforms, there is another component to the initiative with major implications for the payments landscape. A key characteristic of payment initiation under PSD2 is its use of Faster Payments in the U.K.,

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dLocal becomes Certified Payment Initiation Service Provider for Pix

The Nilson Report

The post dLocal becomes Certified Payment Initiation Service Provider for Pix appeared first on Nilson Report.

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PayTabs and Fintech Galaxy Target Payment Initiation Services in New Partnership

The Fintech Times

Looking to provide data consolidation and payment initiation services, PayTabs Group , the MENA based paytech has partnered with open banking firm, Fintech Galaxy. The service will initially be rolled out in the Kingdom of Saudi Arabia and the United Arab Emirates and subsequently expand to other MENA markets.