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The travel industry is undergoing a digital revolution, with digital identity wallets playing a key role in simplifying the journey for passengers. Annet Steenbergen from the EU Digital Wallet Consortium (EWC) delves into the potential of these wallets.
digital identity, digital wallet, payment processing, data privacy, travel payments
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
Standard Chartered has launched its new Open Banking Marketplace, a one-stop platform that enables clients to discover, identify, and test APIs.
Open Banking, API, product launch, banking, online platform
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
Lithuania-based fintech Paysera has incorporated in its app the ability to directly invest in crowdfunded real estate rental projects on the InRento platform.
investment, partnership, fintech, super app, product upgrade
A new initiative named Project Nemo has launched in a bid to improve disability inclusion within the fintech industry in the United Kingdom.
fintech, customer experience, financial inclusion, product launch
Financial services provider UK Finance has announced its plans to work on an additional UK Regulated Liability Network (RLN) experimentation phase with eleven of its members.
digital payments, online banking, digital banking, fraud management, fraud prevention, tokenization
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
The government of Nigeria has revealed its intention to introduce a payment-integrated ID card in a bid to provide social and financial services.
product launch, financial services, digital payments, digital identity
Australia-based alternative assets solutions provider The SILC Group has partnered with institutional tokenization solution provider Tokeny.
partnership, tokenization, digital assets, compliance
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
Andréa Toucinho from Partelya Consulting delves into the interoperability agreement among major European mobile payment solutions.
mobile payments, interoperability
US-based provider of integration technology for financial institutions (FIs), PortX, has announced entering a strategic partnership with forefront innovator in data privacy and protection solutions, eXate.
partnership, financial institutions, financial data, data sharing, data, data protection, data privacy, data breaches, open data, compliance, regulation
The BIS and seven central banks have partnered with the private sector to explore tokenisation's impact on the monetary system.
tokenization, central bank, distributed ledger technology, cross-border payments
Spain-based financial institution CaixaBank has announced its plans to be part of two European consortia in a bid to prevent cyber threats and improve incident response.
cybercrime, cybersecurity, online security, artificial intelligence, financial services
Messaging app Telegram has enabled its users to buy advertisements using Toncoin (TON), with a revenue share programme that will reward channel owners.
cryptocurrency, product upgrade, blockchain, digital assets, IPO
IFC has announced its partnership with DBS in order to launch a USD 500 million facility and promote trade flows in global emerging markets.
partnership, product launch, crypto, trade finance, financial services, financial institutions
Westpac has launched Project Unite to commit 30% of USD 1.17-1.3 billion to simplify tech, reducing platforms from 180 to 60 for cost efficiency and better outcomes.
banking, product upgrade, Open Banking, digitalisation, risk management
Financial services company BNP Paribas has revealed its intention to launch the Tap to Pay on iPhone system for its users in France.
product launch, mobile payments, financial services, banks, Tap-to-Pay
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