Ready to bloom: the rise of CBDCs in Asia
We delve into how and why Asia has surged ahead in the global race for CBDC development.
News, intelligence and resources on the global fintech industry including topics such as clearing and settlement.
We delve into how and why Asia has surged ahead in the global race for CBDC development.
The US-based bank has partnered with Backbase and banking and payments fintech Finzly.
UK Finance says the experimentation phase of its Regulated Liability Network will run until summer 2024.
Matera’s Brad Goad discusses how banks need to modernise their core tech to keep up with instant payment innovations.
Responses to the consultation are being accepted until 29 May, ahead of applications for the DSS opening this summer.
In this episode of the podcast, we’re joined by Gilbert Verdian, CEO of Quant.
Concepts concerning the safety and efficiency of payments proved central to the conference’s agenda.
Notable participants in the trial included BNY Mellon, Standard Chartered, Goldman Sachs and Broadridge.
Fawran is due to launch in March and forms part of the bank’s Third Financial Sector strategy, announced last year.
The Budapest-based bank is to leverage its new partner’s payments testing and certification platform, t3.
Hagan has been tasked with leading the platform’s UK operations and market expansion efforts.
Industry innovators and thought leaders gathered in London on Tuesday for the opening day of FinovateEurope.
Crédit Agricole CIB hopes the platform will appease “the increasing demand for supply chain finance” in APAC.
Our pick of the top fintech news stories this week includes Monese, Virgin Money, Bank of America and more.
In the latest episode of the podcast, we’re joined by Jack Pouderoyen, Innovation Manager at Swift.
Payments Canada’s board has now initiated a “comprehensive search” for Black’s successor.
The Chicago-based vendor expects to complete its acquisition of Ateo by 29 February.
Nepal Clearing House expects to launch its NPS service in Q4 2024.
The cuts are expected to result in the termination of around 1,400 positions.
The potential move would see TCS replace Mastercard’s Vocalink as the service’s technology partner.
Today, consumers have more options than ever to make payments. So which method will ultimately win?
NSF fees on debit card and ATM transactions will be “unlawful” under the proposed rule.
UPI has been recognised as a key accelerant in the real-time availability of financial services in India.
Staples has previously served as global head of HSBC’s BaaS and embedded finance proposition.
The Spanish central bank’s trials are expected to run for around six months.
FinTech Futures takes a look back at the key industry developments and trends to emerge over 2023.
The PSR is proposing a cap of 0.2% for debit transactions and 0.3% for credit transactions made online.
The central bank will leverage the partnership to launch a real-time payments ecosystem in 2025.
Cooper joins ClearBank from Barclays UK, where she served as CPO for its consumer banking platform.
He brings over 25 years of experience to TCH following stints at Truist, JP Morgan and Mastercard.
The aim of the strategy is to “develop pan-European solutions for payments at the point of interaction”.
The European Parliament approved final implementation deadlines for SEPA instant payments on 7 November.
Worldline had previously been operating under the FCA’s Temporary Permission Regime, which will end on 30 December.
2024 is set to be a year of innovation and change for the European payments landscape.
Mastercard’s JV received formal approval from the People’s Bank of China.
The agreement will directly connect Klarna to STEP2 and the gross settlement payment system RT1.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
The fintech’s Series B also saw participation from existing investors BNY Mellon, UBS and Nasdaq Ventures.
The three banks are Tajikistan-based Alif Bank and Bank Arvand and Montenegro’s Universal Capital Bank.
The company says it is “working to resume onboarding businesses in Europe as a priority”.