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Digital identity experts, Lucy Yang & Kaliya Young explain the journey and value of the Modular Open Source Identity Platform (MOSIP) in providing governments with ‘open’ tools to build foundational ID systems.
digital identity, digital wallet, EIDAS, verifiable credentials, data protection, decentralized identity
Tony Wood from Deloitte APAC explores the dynamic landscape of Open Banking in APAC – trends, regulatory shifts, and transformative innovations driving financial inclusion and competition.
Open Banking, financial services, Open Finance, report
India-based Hitachi Payment Services has rolled out a financial inclusion business to redefine access to financial services for the underbanked and unbanked.
financial inclusion, unbanked, financial services, digitalisation, payments infrastructure
India’s Unified Payments Interface (UPI) has integrated with PayNow to allow the India diaspora in Singapore to send remittances to recipients in India.
remittance, transactions , partnership, cross-border payments
IndusInd Bank has announced the launch of the UPI-enabled IndusInd Bank Samman RuPay Credit Card with NPCI, designed for government employees.
credit card, UPI, banking, payments
Embark on a journey through APAC's financial crime compliance landscape with Sachin Shah from TCS and FCC subject matter enthusiast, India, as he puts the spotlight on India's role in the region and the impact of digital innovation.
financial crime, AML, cybersecurity, crypto, FATF, digitalisation
Cashfree Payments has launched its KYC Link, a no-code verification service that is set to accelerate the digitalisation process of Indian businesses.
product launch, KYC, fraud management, fraud detection, fraud prevention, online fraud, digitalisation
India-based Hitachi Payment Services in association with NPCI has launched UPI-ATM as a White Label ATM (WLA) to offer secure cardless cash withdrawals.
UPI, cashless, payments , digital payments, product launch
India-based payments and banking solutions provider Safexpay has announced the launch of a regtech platform that provides an extensive set of API solutions within a unified framework.
product launch, compliance, regulation, KYC, regtech, API, banking, payments , identity verification
India-based fintech PhonePe has announced its venture into stock brokerage with the launch of Share.Market, under its PhonePe Wealth Broking subsidiary.
trading platform, product launch, investment, fintech, research
The Reserve Bank of India (RBI) has announced the launch of a pilot project in the form of a Public Tech Platform to simplify access to credit.
banking, online banking, online platform, digitalisation, financial institutions
India-based CRED has partnered with the NPCI to introduce RuPay credit card UPI payments and make transactions more convenient for its members.
partnership, mobile payments, payments , product upgrade
Vicky Bindra, Chief Operations and Product Officer at Nuvei, discusses the future of digital IDs and how understanding their full potential can help organisations enhance privacy, security, and user experience.
digital identity, identity theft, identity verification, online fraud, fraud detection, identity fraud, biometrics, biometric authentication, merchants, artificial intelligence, machine learning, online security, cybersecurity, online authentication, two-factor authentication, multi-factor authentication, PSD2, 3-D Secure, SCA, API
India and Russia have discussed the possibility of enabling RuPay and Mir card acceptance in each country for simplified payments amid sanctions imposed on Russia by the West.
partnership, payments , payment processing, card scheme, cross-border payments, financial services, payment methods, local payment method, UPI, SWIFT, digital payments, remittances, fintech, ecommerce, merchants
The Unique Identification Authority of India (UIDAI) and the National Payments Corporation of India (NPCI) are planning to set up an aggregator platform for eKYC.
KYC, digital identity, eKYC, NPCI, identity verification
Lucy Whitehead and Colombe Herault from Worldline explain how identity connects to payments and why it is important for the two of them to interact at the point of payment.
digital identity, payments , merchants, digital payments, data, banks, biometrics, credit card, debit card, KYC
Joe Jelinek, Research Director at Kapronasia, discusses the Open Banking progress made in Asia Pacific and the opportunity for greater financial inclusion in Southeast Asia.
Open Banking, regulation, financial inclusion, Open Finance
India-based Axis Bank has partnered with digital bank OPEN to offer a fully native digital current account journey for its customers.
online banking, digitalisation, KYC, fintech, Axis Bank
Norway-based IDEX Biometrics has partnered with tech provider M-Tech Innovations to bring biometric payment card in India by 2023.
partnership, biometrics, debit card, credit card, biometric authentication
India-based payments and API banking solution Cashfree Payments has launched Issuance to enable businesses to launch prepaid cards and wallets.
product launch, online payments, digital payments, digital wallet, prepaid card, payment gateway, API, KYC