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Insights from the Innovate Finance Global Summit (IFGS) 2024

Voice of the Industry | Mobile Payments | 24 Apr 2024

IFGS 2024 brought together industry leaders spanning innovators, fintech executives, institutions, regulators, policymakers, startups, and investors for two days of thought-provoking discussions in one venue.


fintech, financial inclusion, Open Banking, Open Finance, payments , regulation, financial data, cryptocurrency

South Africa Central Bank reveals digital payments roadmap

News | Cryptocurrencies | 23 Apr 2024

South Africa’s central bank (SARB) has revealed a roadmap that would improve the country’s adoption of digital payment technologies.

digital payments, report, cryptocurrency, CBDC

Cryptorefills Labs unveils stablecoin shopping research

News | Cryptocurrencies | 18 Apr 2024

Cryptorefills Labs, a prominent entity in the cryptocurrency domain, has unveiled its latest research report titled ‘Stablecoins in Crypto-Shopping.’

stablecoin, cryptocurrency, crypto asset, blockchain, DeFi

Temenos completes independent examination and publication of report

News | Online & Mobile Banking | 16 Apr 2024

Temenos has announced the completion of the independent examination into the allegations made by Hindenburg Research, as well as the publication of its new report. 

banking, online banking, digital banking, mobile banking, financial services, financial institutions, product launch

Adyen: UK retail sector loses GBP 11.3 bln to payment fraud yearly

News | Digital Identity, Security & Online Fraud | 09 Apr 2024

Adyen and the Centre for Economic Business and Research have reported that over a third of UK retail businesses lost on average GBP 1.4 mln each to fraud in 2023.

payment fraud, cybercrime, retail, research, PSD3

Coinbase collaborates with Lightspark for Bitcoin Lightning integration

News | Cryptocurrencies | 09 Apr 2024

Coinbase has moved closer to adding Bitcoin Lightning into its platform through a new collaboration with Lightspark, a Lightning solution geared towards enterprises.

cryptocurrency, fintech, cryptocurrency exchange, partnership, blockchain

Revolutionising European payments: Brite Payments interview

Interviews | Online Payments | 05 Apr 2024

Lena Hackelöer, CEO of Brite Payments, explores the rise of Pay by Bank and the future of instant payments, leading the charge in Europe's digital economy.

online payments, mobile payments, payments , instant payments, Open Banking

Paytronix report: First-party ordering spurs revenue growth

News | Ecommerce | 02 Apr 2024

US-based digital customer engagement provider Paytronix has published the 2024 Paytronix Online Ordering Report, showing that first-party shopping increases revenue.

ecommerce, report, checkout optimisation , loyalty programme, artificial intelligence

Gen Z generation most exposed to fraud, Sift says

News | Digital Identity, Security & Online Fraud | 28 Mar 2024

US-based fraud detection provider Sift has released its Q1 2024 Digital Trust & Safety Index, which reveals that Gen Z is the closest generation to fraud.

report, fraud prevention, fraud detection, cybersecurity, research

Boku launches new research report

News | Payments General | 28 Mar 2024

Boku has launched a new global research report, in which the company analysed payment preferences and purchasing behaviours of customers globally.

product launch, payments , card scheme, online payments, mobile payments, digital payments, ecommerce, partnership

Mastercard releases report on remittances in LATAM

News | Online Payments | 25 Mar 2024

US-based payment technology corporation Mastercard has released a whitepaper on the current status of cross-border payments in Latin America. 

online payments, cross-border payments, remittance, money remittance, digital payments, digitalisation, financial inclusion

Thunes expands its partnership with Visa

News | Online Payments | 21 Mar 2024

Singapore-based cross-border payments company Thunes has announced the expansion of its strategic partnership with Visa, intending to allow new endpoints in Asia and Africa. 

cross-border payments, digital wallet, financial services, partnership, expansion, SMEs, payment methods

OFA supports CFIT's Open Finance report's findings

News | Online & Mobile Banking | 18 Mar 2024

The Open Finance Association (OFA) has released its statement regarding the Centre for Finance, Innovation, and Technology’s (CFIT) Open Finance Blueprint Report. 

Open Finance, data sharing, Open Banking, financial inclusion, financial services, lending

FDX announces increase in accounts using FDX API

News | Online & Mobile Banking | 15 Mar 2024

North America-based Financial Data Exchange (FDX) has announced that 76 million consumer accounts are currently leveraging its FDX API for Open Finance data sharing. 

financial services, digital banking, API, financial data, data sharing, Open Finance

New research finds organisations do not see the value of digital ID

News | Digital Identity, Security & Online Fraud | 14 Mar 2024

Open Identity Exchange (OIX) and Daon have released a new UK based research in cross channel identity and biometric solutions. 

digital identity, online security, research, biometrics, partnership

IDnow advances SOTERIA digital identity research project

News | Digital Identity, Security & Online Fraud | 14 Mar 2024

Germany-based identity verification platform IDnow has advanced the SOTERIA digital identity research project into its implementation phase.

research, identity verification, digital identity, regulation

ID fraud to surge by 2025

News | Digital Identity, Security & Online Fraud | 13 Mar 2024

UK-based database operator Synectics Solutions has uncovered new research indicating that ID fraud represents the most prominent fraud type reported by banks.

identity theft, identity verification, identity fraud, banks, financial institutions

EDPS mandates corrections for EU Commission's data protection violations

News | Digital Identity, Security & Online Fraud | 11 Mar 2024

The European Data Protection Supervisor (EDPS) has investigated the European Commission's use of Microsoft 365 and found several violations of data protection rules.

regulation, data, data protection, data breaches, financial data

Eurojust aids cross-border crackdown on EUR 2 bln fraud scheme

News | Digital Identity, Security & Online Fraud | 06 Mar 2024

Eurojust has aided a multinational investigation on EUR 2 billion money laundering scheme, implicating 3 main suspects across Italy, Latvia, and Lithuania.

AML, fraud detection, fraud prevention, payment fraud, fraud rings

Banks unprepared to meet ISO demand, report says

News | Digital Identity, Security & Online Fraud | 01 Mar 2024

US-based Datos, supported by payments systems provider Finzly, has published a report that analyses the readiness of banks for the FedWire migration to the ISO 20022 standards. 

ISO 20022, ISO, research, regulation, banks, financial services