Cointelegraph
"The Deutsche Bundesbank is the latest monetary authority to team up with the Massachusetts Institute of Technology (MIT) Digital Currency Initiative (DCI) to study central bank digital currency (CBDC)...the joint research will focus on designing security and privacy measures in a CBDC."
Klarna
"Klarna, the AI powered global payments network and shopping assistant, announced it has opened its waitlist for the new Klarna Card to all US consumers."
GlobeNewswire News Room
"TokenEx, the leading cloud tokenization provider, and IXOPAY, the leading independent payments orchestration platform, announced their definitive agreement to merge, creating a new leader in global payments optimization. The combined company will be called IXOPAY."
IBS Intelligence
"Codat has launched its new Supplier Enablement data product enabling businesses to share their spending and supplier data from ERP systems and accounting software. Card issuers can access the right data to recruit suppliers to accept virtual card payments instead of checks."
Visa
"Visa is offering sellers expansive, simplified services to keep pace with demands. Visa’s latest enhancements support merchants of all sizes with new and improved commerce experiences including: Improved access to and ease of integration with partners; A reimagined small and medium-sized (SMB) business platform; Growing mobile acceptance, without additional hardware."
Emagia™
"Emagia announced GiaPay, an AI-powered B2B payments orchestration solution designed for the modern B2B payments needs of global enterprises."
TechCrunch
"The National Payments Corporation of India (NPCI) is going to meet fintech startups this month to develop a strategy to address the dominance of PhonePe and Google Pay in the UPI ecosystem, sources told TechCrunch...These meetings are to address the dominance of Google Pay and PhonePe, accounting for nearly 86% of UPI transactions by volume (that’s up from 82.5% at the end of December)."
Stripe
"Stripe announced a partnership with URBN to power online and in-person retail payments for Urban Outfitters, Anthropologie Group, Free People, and FP Movement."
Onafriq
"Mastercard and Onafriq (previously MFS Africa), a pan-African payments company, have partnered to bring secure, cost-effective, and innovative payment options to consumers as well as small and medium enterprises (SME) across the continent."
Interac
"Interac Corp. announced it has entered into a strategic transaction to acquire the exclusive Canadian rights to use Toronto-based Vouchr Ltd. engagement platform which enables users to send and receive personalized multi-media notifications along with their money transfers."
PR Newswire
"Eighty percent of respondents report that their organizations were victims of attempted or actual payments fraud activity in 2023, according to the 2024 AFP Payments Fraud and Control Survey, underwritten by Truist."
Payments Canada
"Payments Canada announced a path forward for the Real-Time Rail (RTR), Canada's fastest payment system...The path forward for the RTR includes new partners IBM Canada and CGI, along with Interac, to support the delivery and operation of the RTR."
Mastercard
"Mastercard and VoPay announced a strategic partnership that will offer choice, simplicity and efficiency for near-real-time money movement in Canada and internationally for businesses and consumers."
Business Wire
"Transaction Network Services (TNS) has launched Complete Commerce – a full-stack, modern and secure payment and network capability. The solution leverages TNS’ Accept, Connect and Orchestrate payment portfolios to deliver a unique, single partner enterprise capability for running mission critical payments infrastructure."
Business Wire
"Worldline has signed a partnership agreement with the leading risk consultancy firm in the Netherlands RiskQuest BV, part of the Zanders Group, to provide best-in-class credit check processes specific to the Dutch market."
Atlanta Fed
"On June 27, 2022, the Board of Governors of the Federal Reserve System announced that the Federal Reserve Banks will adopt the ISO 20022 message format for the Fedwire Funds Service in a single-day implementation strategy on March 10, 2025...Preparing a financial institution's wire systems for ISO 20022 calls for an inventory and upgrade of the systems that support wire operations. These systems include..."
Fintech Finance
"Responding to the ever-growing need to move money seamlessly, Mastercard and VoPay announced a strategic partnership that will offer choice, simplicity and efficiency for near-real-time money movement in Canada and internationally for businesses and consumers."
prnewswire
"Valid Systems' Innovation Lab announced a recent patent awarded for their groundbreaking Accelerated Instant Check Payment and Real-time Loss Alerts technology..this innovative machine learning technology revolutionizes the way consumers access funds by offering retroactive access and retrieval of immediate funds."
Breaking The News
"Bank of England (BoE) Deputy Governor for Financial Stability Sarah Breeden repeated on Monday that the BoE has not yet decided on issuing a central bank digital currency (CBDC). She added the bank will take into account the evolution of the use of cash in retail, stating that the use of cash in retail transactions in the United Kingdom in 2022 was only 14%."
Economy Middle East
"Instant payments are processed in real-time, 24 hours a day, 365 days a year, with funds made available within seconds...Moreover, they will require re-engineering of their entire processes, including fraud detection, sanctions screening and anti-money laundering checks to comply with strict SLA terms."
Federal Reserve
"A Central Bank Digital Currency (CBDC) is a form of digital money that is denominated in the national unit of account and constitutes a direct liability of the central bank. We examine the financial stability risks and benefits of issuing a CBDC under different design options."
Fintech Intel
"Inpay, the Danish cross-border payments provider announced strong annual results for 2023...In 2023, Inpay integrated 18 new local markets into its cross-border payments offering."
Nu International
"Nubank Ultravioleta, the exclusive experience for high-income Nubank customers, announces its entry into the travel segment with the pre-launch of its Global Account, in partnership with Wise Platform, Wise’s market-leading global infrastructure solution for banks and large companies."
Nikkei Asia
"Efforts are underway between Japan and other Asian countries to allow mutual access and use of QR code payment services that are popular in their own countries."
The News Minute
"Industry experts welcomed the move by the Reserve Bank of India (RBI) to permit the use of third-party UPI apps for making digital payments from prepaid payment instruments (PPI) wallets."
Verituity
"Verituity announced the integration of Mastercard Move, Mastercard’s portfolio of domestic and international money transfer solutions, into its payments platform, enabling near real-time payouts for commercial banks and payers."
IPP Media
"Mastercard and Equity Bank have announced a strategic collaboration that will enable the bank’s customers to send money safely and securely to 30 countries marking a significant milestone for cross-border financial transactions in Kenya."
Business Wire
"HighRadius, a provider of Autonomous Finance software for Order-to-Cash, Treasury, and Record-to-Report, announced the launch of their B2B payments platform to improve payment processes across 100+ payment methods globally encompassing a trio of essential products: Payment Gateway, Surcharge Management, and Interchange Fee Optimizer, all seamlessly integrated to elevate financial efficiency."
NFCW
"The Bank of China is conducting a pilot in the city of Shenzhen of a new service that makes it possible for merchants to accept contactless digital currency payments on standard NFC mobile phones."
PR Newswire
"ShiftCents, Inc. aka BankShift announced in the realm of embedded banking the attainment of a patent-pending status for its Brand On Banking technology."