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

Finextra

OCTOBER 28, 2024

The Bank for International Settlements (BIS) along with central banks in Australia, Korea, Malaysia and Singapore have successfully demonstrated the feasibility of embedding regulatory compliance requirements with cross-border financial transactions.

Cross-Border 83

Cross-Border Central Bank Use Case Compliance 83

Finextra

NOVEMBER 19, 2024

Roshan Shetty, BFSI & Public Services Head – Americas, Tech Mahindra and Michael Ruttledge, Chief Information Officer, Head of Enterprise Technology & Security, Citizens Bank, join FinextraTV to opine progress since ChatGPT was launched two years ago.

Use Case 75

Use Case AI Privacy Regulations 75

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

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

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

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 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 119

AI Use Case Fraud Detection Scams 119

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

The Fintech Times

MAY 21, 2024

However, the idea that digital assets are exclusively some form of currency is slowly falling by the wayside as different use cases are emerging and being rapidly adopted. However, in the last couple of years, behind the scenes, some developers have continued to bet on the technology for other use cases.

NFTs 145

NFTs Use Case Non-Bank Facilitators 145

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

Tearsheet

FEBRUARY 16, 2024

This extended partnership will focus on integrating additional instant payment use cases across a range of payment flows for consumers, businesses, and governments. FedNow and RTP are eyeing new use cases to compete for bank partnerships, however, achieving widespread adoption remains a shared hurdle for both instant payment rails.

Instant Payments 119

Instant Payments RTP Visa TCH 119

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 125

Cross-Border Compliance Cross-Border Payments Automation 125

Open Banking Excellence

MARCH 5, 2024

One area where the industry is already seeing innovation is with Variable Recurring Payments (VRP) and the upcoming commercial pilot for low risk use cases for financial services, utilities and government payments. However, while this shows promise, it is not without shortcomings, Wright says.

Innovation 147

Innovation Payment APIs and Integration Push-to-Card Use Case 147

Finextra

JUNE 19, 2024

Discover how Gen AI is revolutionising decision-making processes with practical use cases. Join FinextraTV as we talk with Ermes Dajko, Senior Cloud Solutions Architect at Temenos, about the transformative impact of generative AI in banking.

AI 119

AI Use Case Compliance Process 119

Finextra

SEPTEMBER 26, 2024

R3, the financial markets digital solutions firm and Ownera, a leading provider of tokenization interoperability routers based on the open FinP2P protocol, have partnered to enable interoperability across the largest number of live production-grade use cases and networks for digital assets and digital currencies.

Interoperability 111

Interoperability Digital Currency Use Case Product 111

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 118

Stablecoins Use Case Blockchain Regulatory Compliance 118

The Fintech Times

JULY 19, 2024

With the advent of generative AI, financial institutions have embarked on initiatives to map the technology’s opportunities and risks, and have begun piloting it across a range of use cases. Nevertheless, the level of AI-readiness and adoption varies across financial institutions in Singapore.

AI 129

AI Fraud Detection Use Case Scams 129

Fintech News

APRIL 16, 2024

The report notes that several institutions have already started exploring the use of gen AI in risk management, citing regulatory compliance, financial crime, credit risk, modeling and data analytics, cyber risk and climate risk as emerging use cases.

Risk Management 112

Risk Management AI Risk Use Case 112

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

The Payments Association

MARCH 25, 2024

It is clear, AI has many potential use cases, such as: helping firms scale up their business; making better informed strategic business decisions; and supporting the efficient and effective delivery of regulatory compliance to name just a few potential use cases. Read more

Compliance 88

Compliance AI Regulatory Compliance Technology 88

The Fintech Times

AUGUST 7, 2024

Through the new partnership, Ripple and the DIFC Innovation Hub aim to jointly drive blockchain and crypto adoption amongst early-stage companies and scale-ups, while introducing and positioning the technology with traditional large strategic institutions and their use cases.

Blockchain 115

Blockchain Innovation Use Case Stablecoins 115

Finextra

SEPTEMBER 11, 2024

Global banking co-operative Swift is moving forward with plans to offer member banks access to emerging digital asset classes and currencies over its network, covering a range of use cases in payments, securities, FX, trade and beyond

SWIFT 98

SWIFT CBDC Use Case Payment Security 98

Fintech News

JANUARY 17, 2024

Based on these factors, specific use cases for various levers for improving business performance (e.g., Many banks are already using AI in one or more business cases, and a growing number of fintechs are also moving in this direction. The key drivers behind data-driven banking are technological and regulatory factors.

AI 124

AI Legal Framework Use Case Risk 124

Fintech Finance

JULY 24, 2024

The teams that proposed use cases in the Challenge represent veteran financial companies, fintech firms, technology firms, and private teams. The challenge’s sandbox will begin operating at the beginning of August, and will enable the selected teams to develop the use cases they have proposed.

Participant 98

Participant Use Case PayPal API 98

The Payments Association

MARCH 26, 2024

With use cases popping up around the globe, is it time Britain followed suit? Conversations around a digital pound are growing louder as the weeks roll by. Read more

Digital Currency 100

Digital Currency Use Case Consumer Payments 100

Fintech News

AUGUST 21, 2024

This pilot reflects ongoing efforts to integrate blockchain technology into financial processes, aiming for broader use cases in the future. We envision this payment innovation being extended to more use cases including milestone-based project payments, consumer rewards and more.”

Governance 107

Governance Government Blockchain Use Case 107

Fintech Finance

OCTOBER 4, 2024

The study sheds light on how various factors, including use cases, benefits, and industry challenges, are shaping the future of instant payments. However, enablers also identified strong tailwinds such as use case-driven approaches and expanding rules and standards, which will help accelerate adoption.

Instant Payments 93

Instant Payments Faster Payments FPC Corporate Credit Unions 93

Fintech News

DECEMBER 6, 2023

These examples show why LLM-based AI chatbots are a game changer: before, technological solutions had to be programmed for specific use cases. But now these new intelligent models can perform a range of different tasks and thus be utilised in different use cases. The article must be included as context for the prompt.

Innovation 109

Innovation AI Use Case Posting 109

Fintech Finance

OCTOBER 17, 2024

BVNK will integrate USDC more deeply into its payment offerings, enabling businesses to leverage USDC’s speed and stability for a variety of payment use cases. USDC is a fully reserved dollar stablecoin backed 100% by liquid cash and cash-equivalent assets and is redeemable 1:1 for US dollars.

Business Payments 105

Business Payments Stablecoins Use Case On-Demand 105

Fintech News

AUGUST 28, 2024

The company aims to support a range of use cases, from customer onboarding and compliance to age verification and responsible gaming. AWS Marketplace is a digital catalog that offers a wide range of software from independent vendors, enabling its users to find, test, purchase, and deploy software.

Verification 112

Verification Financial Crimes Crime Compliance 112

Fintech News

JUNE 18, 2024

This architecture is intended to serve as a sample framework instead of norms to comply to, helping organizations quickly start the pilot phase or plan the implementation process as they adopt the technology, from initial use cases to full-scale enterprise deployment.

AI 120

AI Use Case Risk Deepfake 120

Fintech News

NOVEMBER 25, 2024

This integration is expected to unlock new use cases and contribute to the ongoing transformation of the digital commerce ecosystem. This partnership combines Mastercard’s expertise in blockchain-based solutions with J.P. Morgan’s focus on secure and efficient payment rails.

Visa 107

Visa Blockchain B2B Payment APIs and Integration 107

Fintech Finance

AUGUST 15, 2024

Sionic teamed with Google Cloud Consulting to design and build the specific use case AI models. By utilizing Google Cloud’s Vertex AI platform, and implementing essential payment security features, we’ll be able to tackle fraud in a unique way that will give us the edge over our competitors.” .

AI 97

AI Fraud Detection Technology Real Time Payments 97

Tearsheet

FEBRUARY 7, 2024

The adoption of digital wallets is expected to grow with new use cases this year. This indicates a shift away from physical debit card usage toward using debit cards through digital wallets.

Debit Card 119

Debit Card Online and Mobile Banking Non-Bank Credit Cards 119