Fintech News

OCTOBER 28, 2024

The system’s capabilities were demonstrated through two practical use cases. In a separate use case, involving capital investment transactions between South Korea and Australia, it automated sanctions screening and conducted compliance checks for unlisted securities transactions for financial institutions.

Cross-Border 126

Cross-Border Compliance Cross-Border Payments Automation 126

The Fintech Times

FEBRUARY 17, 2025

. “By leveraging the banks and our partners core strengths, we aim to launch a stablecoin that can be used securely by institutions and individuals across a wide number of use cases. As public chain instruments with proven use cases, stablecoins play a critical role in the overall digital asset ecosystem.

Stablecoins 104

Stablecoins Issuers Use Case Cross-Border Payments 104

The Finance Weekly

DECEMBER 12, 2021

Companies may use data to make better decisions, gain a better understanding of market trends and customers, create smarter products and services, improve corporate operations, and generate new revenue streams. But what does this mean for those tasked with evaluating the return on investment of a data strategy and business use cases?

Use Case 227

Use Case Privacy Assessments Returns 227

The Payments Association

NOVEMBER 20, 2024

In today’s competitive market, embedded finance is no longer a passing trend; it’s a fundamental game changer. Corporate-embedded finance radically reshapes businesses, offering new revenue opportunities and redefining customer relationships. Companies that fail to integrate financial services into their ecosystems risk falling behind.

Embedded Finance 88

Embedded Finance Use Case B2B Finance 88

Bank Automation

DECEMBER 6, 2024

The Clearing House raised the transaction limit on its Real Time Payments network to $10 million, opening the door for new uses of the rail for commercial transactions.

Transaction Limits 98

Transaction Limits RTP TCH Transactions 98

Fintech News

DECEMBER 8, 2024

This programme brings together various payment service providers to explore interoperability using Swift’s network and enhance payment transparency. The initiative will explore different business scenarios involving end-to-end transaction tracking across banks and payment providers, including e-wallet use cases.

Cross-Border Payments 98

Cross-Border Payments Cross-Border Interoperability SWIFT 98

NFCW

JANUARY 21, 2025

By addressing the need for simultaneous application support and improved data handling, these updates empower our members to innovate and meet the demands of increasingly nuanced use cases such as public transport fare collection, tap-free mobile payment or logical access.

Mobile Payments 104

Mobile Payments Interoperability Use Case Payments 104

Fintech Finance

FEBRUARY 20, 2025

The results reflect growing adoption of the FedNow Service and RTP Network and an expanding array of use cases in both consumer and business contexts. Use Case Expansion: Businesses are most interested in leveraging faster payments for eCommerce (54%), point-of-sale transactions (51%), and invoicing/supplier payments (41%).

Faster Payments 102

Faster Payments Multifactor Authentication FedNow RTP 102

Fintech News

DECEMBER 22, 2024

By combining expertise and tools, Visa aims to expand its fraud prevention use cases and strengthen the security of global payment systems. This integration will enable real-time detection of sophisticated fraud attacks while maintaining a seamless user experience.

Fraud Detection 107

Fraud Detection AI Fraud Prevention Value Added Service 107

Payments Dive

MARCH 5, 2024

The mega processor has signed up 200 banks for FedNow, but now its clients are in search of use cases.

FedNow 174

FedNow Processors Use Case 174

Bank Automation

APRIL 10, 2025

Our strategy in AI is to not just build it for a few specific use cases, Ashok Srivastava, chief data officer at Intuit, told Bank Automation News. Fintech Intuit is investing in AI and gen AI technology to develop streamlined solutions for financial customers.

AI 59

AI Use Case Automation FinTech 59

Fintech Finance

DECEMBER 19, 2024

Over the coming months, Featurespaces product portfolio will be incorporated into Visas existing offering, expanding the available range of fraud prevention solutions and use cases. Dave Excell, Founder of Featurespace, added: We developed our innovations to help crack even the most complex fraud cases.

Fraud Prevention 97

Fraud Prevention Financial Crimes Value Added Service AI 97

NFCW

JANUARY 23, 2025

The STEVAL-25R200SA kit incorporates ST’s new ST25R200 reader/writer IC and is designed to help engineers “quickly build proof-of-concept models to demonstrate convenient short-range wireless communications for device pairing, configuration setting, or product authentication to ensure brand protection,” ST says.

ISOs 107

ISOs Authentication Use Case Product 107

NFCW

MARCH 6, 2025

Emerging use cases will continue to drive future growth, for instance, as businesses increasingly harness and expand their deployments in recognition of the wider sustainability benefits that RAIN can offer. The RAIN Alliance is working to support and accelerate the integration of RAIN technology into mobile devices.

CHIPS 70

CHIPS Use Case Continuity Compliance 70

Fintech News

APRIL 3, 2025

In short order, RLUSD is being used for a number of use cases, including use as collateral in both crypto and tradfi trading markets. Following earlier listings on platforms such as Bitstamp, Bullish, LMAX Digital and Zero Hash, the stablecoin is now also tradable on Kraken.

Cross-Border Payments 80

Cross-Border Payments Cross-Border Stablecoins Payments 80

Open Banking Excellence

JULY 1, 2024

Open Banking in a Box will also provide a combination of strategic and operational workshops covering topics such as open banking use cases, operating models, monetisation, and support in growing a thriving open banking ecosystem. The UK has a vibrant marketplace and the best use cases in the world to share.

Use Case 130

Use Case Cross-Border Regulations Best Practices 130

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

Finextra

JUNE 5, 2024

The Bank for International Settlements says it multi-central bank CBDC platform, Project mBrige, is ready to accept value added products and new use cases as it reaches minimum viable product stage (MVP).

CBDC 145

CBDC Central Bank Settlement Use Case 145

Fintech Finance

DECEMBER 12, 2024

Visa Direct reaches 99% of bank accounts in the US, and over 11 billion endpoints including cards, accounts and digital wallets around the world. This change underscores Visas commitment to accelerating real-time payments, said Jim Filice, VP, Head of Real-time Payments, Visa Direct.

Funds Availability 98

Funds Availability FPC Accounts Debit Card 98

The Payments Association

DECEMBER 17, 2024

RLUSD is ideal for financial use cases and allows institutions to: Facilitate instant settlement of cross-border payments. RLUSD is available on both the XRP Ledger and Ethereum blockchains, offering flexibility and scalability for various financial use cases. Access liquidity for remittance and treasury operations.

Stablecoins 88

Stablecoins Compliance Federal Reserve Cross-Border Payments 88

The Fintech Times

OCTOBER 28, 2024

Ninety-three per cent of fintechs say instant payments are an important emerging payment use case for their business. Business-to-business payments (66 per cent), business-to-consumer payments (57 per cent), and consumer-to-business (55 per cent) are the instant payments use cases fintechs are most interested in pursuing.

Fraud Prevention 72

Fraud Prevention Instant Payments Consumer Use Case 72

The Fintech Times

APRIL 11, 2025

The Group is also building a new machine learning (ML) and generative AI platform using Google Cloud’s Vertex AI. This collaboration is enhancing Lloyds’ ability to deploy impactful AI use cases at pace with over 300 data scientists and AI developers across the Group now using the platform.

AI 59

AI Use Case Verification Innovation 59

Fintech News

FEBRUARY 10, 2025

In this article, we cover the developments between Agentic AI in fintech and possible use cases, giving a glimpse into how financial services could look like in the near future. If applied successfully, Agentic AI could revolutionise financial services by introducing higher levels of autonomy, efficiency, and adaptability.

AI 75

AI FinTech Fraud Detection Fraud Prevention 75

Fintech Finance

DECEMBER 19, 2024

With FlexPricing, software vendors can easily implement flexible pricing strategies that include charging a percentage fee on bank transfer transactions, adding custom fees, and letting Worldline take on their billing duties. FlexPricing empowers partners to enhance their revenue models and optimize the billing experience for their merchants.

ISVS 98

ISVS Facilitators ACH Payroll 98

The Payments Association

MARCH 6, 2025

Mastercard’s cloud technology powers and enhances the Vault Payments offering across card and non-card use cases. Beyond core banking, Mastercard and Thought Machine partnered on an issuer processing solution, Vault Payments, in 2022.

Visa 88

Visa Non-Bank Debit Card Payments 88

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

Fintech News

JULY 18, 2024

MAS will support financial institutions in establishing AI innovation centres in Singapore for a range of functions including AI model building and training, deployment of AI models for high-impact use cases, governance and risk management, as well as testing and monitoring.

AI 117

AI Use Case Fraud Detection Scams 117

The Fintech Times

MARCH 6, 2025

But theyre not perfect for every use case and moving money between traditional currencies and stablecoins is still challenging. 32trillion stablecoin transactions were processed globally in 2024, with payments use cases estimated to account for $5.62trillion.

Stablecoins 59

Stablecoins Payment APIs and Integration FedWire Multi-Currency 59

The Fintech Times

FEBRUARY 3, 2025

In addition to these initial use cases, both companies also plan to explore further applications of open banking, such as creditworthiness assessments for lending decisions. The partnership aims to improve account verification processes and streamline onboarding for merchants.

Payment APIs and Integration 64

Payment APIs and Integration Verification Use Case Settlement 64

The Payments Association

JANUARY 22, 2025

Airlines already have mobile boarding passes generated at check-in to expedite boarding, and some work has been done within the airline mobile application; United is a good example use case, eliminating a traditional ID requirement at check-in including baggage. Previously, these exchanges relied on in-person verification.

Security 88

Security Online and Mobile Banking Credential Verification 88

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

Bank Automation

JANUARY 6, 2025

based clearing agency and banking platform operates entirely in the cloud and has been exploring AI use cases for the past year, a spokesperson told Bank Automation News. ClearBank is seeing its payment processing time decrease 80% after integrating AI. The Bristol, U.K.-based

Process 52

Process Use Case Payments AI 52

Fintech Finance

APRIL 4, 2025

From day one, the team was focused on the customer use cases they were eager to enable,” said Sean Matthews, co-founder of Left Hook. ” When used alongside PayJunction’s No-code Payment Integration ® , Zapier unlocks new levels of flexibility and automation.

Automation 87

Automation Payment APIs and Integration Payments Blocks 87

Stax

MARCH 6, 2025

Use case: Customers can pay by tapping their smart devices into the vendors NFC-enabled POS. Use case: Placing NFC tags on products allows customers to tap their phone to the tag and quickly pay for an item. Use case: Placing NFC tags on products allows customers to tap their phone to the tag and quickly pay for an item.

Contactless Payments 88

Contactless Payments Online and Mobile Banking Encryption CHIPS 88

Clearly Payments

OCTOBER 31, 2024

Primary Use Cases : CBDCs are designed to enhance financial inclusion, streamline payments, and provide a government-regulated alternative to cryptocurrencies and private digital payment providers. China’s digital yuan (e-CNY), for instance, has already processed over $250 billion in transactions as of 2023.

Online and Mobile Banking 98

Online and Mobile Banking RTP BNPL Debit Card 98

Fintech Finance

NOVEMBER 28, 2024

The report outlines several potential use cases for spendable benefits cards, such as use in employee-engagement platforms, reward and recognition platforms, traditional HR platforms and new employee-centric super apps.

Embedded Finance 97

Embedded Finance Finance Technology Debit Card 97