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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
Nu Holdings, a digital financial services platform, has announced that it intends to increase Nu Mexico’s equity capitalisation by nearly USD 100 million.
investment, funding, financial services, financing , customer experience, expansion
Al Etihad Payments, a subsidiary of the Central Bank of the UAE, has chosen Fime to support the establishment of the UAE's domestic card payment scheme, known as Jaywan.
card scheme, financial inclusion, cybersecurity, digital payments
US-based digital identity solutions provider Prove Identity has added several of its solutions on the AWS Marketplace to improve customer access and product availability.
product upgrade, digital identity, identity verification, marketplace
Visa has transformed the payment landscape with streamlined solutions for seamless ‘Click-and-Mortar’ shopping experiences, bridging digital and physical retail.
ecommerce, online shopping, Tap-to-Pay, artificial intelligence, merchant
US-based modern money movement systems provider Finzly has been certified for compliance with ISO 20022 messaging standards for Fedwire.
ISO 20022, banking, online banking, digital banking, mobile banking, financial services, financial institutions
UK-based fintech company Revolut has obtained an in-principal authorisation from the Reserve Bank of India (RBI) to issue Prepaid Payment Instruments (PPI) in the region.
payments , mobile payments, financial inclusion, local payment method, cross-border payments
Crypto payment solution Blockchain.com Pay has partnered with MetaMask to support secure crypto payments for MetaMask users.
cryptocurrency, partnership, digital wallet, online payments
Oscilar, a player in AI-Powered financial risk management, has unveiled its AI-Powered AML Risk Platform at the ACAMS Summit in Florida.
AML, compliance, regulation, BaaS
XION, a blockchain designed for widespread acceptance, has announced a successful fundraising round of USD 25 million from investors.
digital currency, blockchain, web3, cryptocurrency
The Paypers looked into the most relevant partnerships announced during Q4 2023 within the banking and fintech space, discovering preferences that went from Open Banking technologies and their applications in ecommerce, card payment innovations, as well as an overall focus on financial crime, fraud prevention, crypto, Web3, and CBDC developments.
partnership, Open Banking, banking, fintech, fraud management, cryptocurrency, crypto, The Paypers Quarterly Analysis series
Global financial technology company FIS has announced its collaboration with Stratyfy, aiming to improve its SecurLOCK card fraud management solution.
fraud management, fraud prevention, credit card fraud, transaction fraud, online security
Germany-based identity verification platform IDnow has advanced the SOTERIA digital identity research project into its implementation phase.
research, identity verification, digital identity, regulation
Ethereum wallet provider MetaMask has partnered with Mastercard and reportedly entered the testing phase for a new cryptocurrency payment card.
partnership, digital payments, digital wallet, web3
The Hong Kong Monetary Authority (HKMA) has revealed a new wholesale central bank digital currency (wCBDC) project.
tokenization, CBDC, digital assets, cryptocurrency
BRICS has made efforts to create payment system based on digital currencies and blockchain to reduce reliance on US dollars in settlement.
blockchain, digital payments, report, de-risking, tokenization
OTP Bank, a Hungary-based listed retail and corporate bank, has selected Iliad Solutions as its payment testing provider in a new multi-year deal.
partnership, banking, financial services, financial institutions
Sweden has enabled instant payments settlement in Swedish kronor through TIPS, joining Eurosystem for seamless cross-border transactions.
instant payments, instant settlement, Target Instant Payment Settlement, P2P payments, mobile payments
UK-based API-first bank Griffin has launched Foundations, a programme for UK companies to integrate financial products with BaaS solutions.
BaaS, embedded finance, API, banks, financial services