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EBA CLEARING has announced its plan to provide Verification of Payee services to its users at a pan-European level starting from December 2024.
identity verification, fraud prevention, instant payments, payments
Paul Worthington, Head of Regulatory Affairs at Innovate Finance, speaks about the role policy and regulation play when it comes to payment innovation.
stablecoin, central bank, policy, regulators, CBDC, Open Banking, payments
EBA CLEARING has announced its plan to launch a new OCT cross-border service in the RT1 System, which will be available for users by November 2024.
product launch, payments , cross-border payments, cross-border ecommerce, online payments, mobile payments, digital payments, ecommerce
Jean-Philippe Wolyniec, Regional Sales Director, shares insight on the fastest card and digital lending innovations. He explains what helps OpenWay clients speed up launch of new issuing products, and why the real-time straight-through processing is crucial for a digital-first customer experience.
Issuer, banks, fintech, payment methods, prepaid card
US-based payments processor Shift4 has announced its collaboration with Atlante, aiming to deliver a card-present payment solution for the latter’s EV charging stations.
mobile payments, payment methods, sustainability , payment processing, green finance
Financial AI and data analytics services provider Calculum has announced its partnership with Corpay, aiming to provide its customers with access to Corpay Payments Automation.
partnership, customer experience, supply chain finance, payments , cash flow, digital payments
Global fintech company Unlimit has secured a payments license in the region of Tanzania, aiming to further expand its presence in Africa.
expansion#, product launch, payments aggegator license, banking, online banking, mobile banking, digital banking, financial services, financial institutions
UK-based payment services provider TerraPay has partnered with Alfardan Exchange to augment cross-border payments in Qatar.
remittance, money transfer, partnership, financial inclusion, payments infrastructure
Diana Lupuleac, Content Editor at The Paypers, shares insights into the history of cross-border payments, how they are made today, and current initiatives aimed to tackle their pain points.
cross-border payments, ecommerce, online shopping, shopping, money transfer, blockchain, real-time payments, CBDC, Open Banking, marketplace, B2B payments, B2B2B2C, ACH, SWIFT
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
Quaint Oak Bank has announced its partnership with Finzly in order to modernise payments and enable its embedded banking practices for international clients.
partnership, banking, embedded finance, embedded payments, online banking, mobile banking, digital banking, financial services, financial institutions
Li-Xiong Chu, Account Director at Maximum Advertising Group, talks about the role of live commerce in the context of cross-border trade and examines its prospects.
livestream shopping, ecommerce, cross-border ecommerce, social commerce, sustainability , artificial intelligence, digitalisation, online shopping, expansion
Embedded financial solutions provider Cross River has partnered with digital payments provider Aeropay to expand the latter’s current offerings.
instant payments, payout, payment methods, partnership, API
Telecommunication operation Zain Bahrain has launched a new fintech company, the Bede app, as part of its development strategy in the Middle East and Africa.
product launch, banking, online banking, mobile banking, digital banking, financial services, financial institutions
South Africa-based Xion Global has teamed up with Callpay to increase Web3 payments adoption in South Africa.
cryptocurrency, web3, digital payments, API, payment methods
The US bank regulator OCC has imposed a USD 65 million fine on RBC’s American unit, the City National Bank, over its risk management and internal controls.
regulation, banking, online banking, mobile banking, digital banking, financial services, financial institutions
Mastercard has announced the expansion of its partnership with SadaPay in order to address the financial needs of SMEs and freelancers in the region of Pakistan.
partnership, payments , online payments, mobile payments, digital payments, ecommerce, debit card, cross-border payments, cross-border ecommerce
TrueLayer has officially joined the SEPA Payment Account Access Scheme (SPAA), an initiative dedicated to redefining the landscape of A2A payments in Europe.
SEPA Payment Account Access Scheme, SEPA, Open Banking, Open Finance, banking, online banking, digital banking, mobile banking, financial services, financial institutions, SPAA
Stephen Yun, Senior Analyst of Research at Payments Canada, covers digital payments adoption in Canada and the driving forces behind this growth.
payments , payment methods, digital payments, ecommerce, merchants, BNPL, cryptocurrency, online payments, real-time payments, regulation
Jordan Lawrence, co-founder and Chief Growth Officer of Volt, discusses Australia’s New Payments Platform (NPP), its effect on RTP, and the benefits for businesses and consumers.
Open Banking, CDR, Open Finance, Open Banking payments, report