payments
TechnologyGuarding against APP fraud by adopting confirmation of payee
FinanceTransak expands into hong kong to support development & growth of APAC’s nascent digital asset ecosystem
FinanceSkyline digital makes TradFi accessible on Web3
BusinessPaul alex’s leap: Confronting the American trap to achieve the new American dream with merchant automation
Exclusive-Apple faces ‘strong action’ if app store changes fall short, EU’s breton says
Date: January 26, 2024
Exclusive-Apple faces ‘strong action’ if App Store changes fall short, EU’s Breton says By Martin Coulter, Foo Yun Chee and Supantha Mukherjee LONDON (Reuters) -Apple faces strong action if changes to its App Store do not meet incoming European Union regulations, the bloc’s industry chief said on Friday. In a move designed to comply with...
Open banking must step up its fraud prevention
Date: January 26, 2024
Open banking must step up its fraud prevention Tareq Shaheen, Director of Payment Solutions at Eastnets discusses how the recent EU payment legislation proposals impact the open banking market. Through open banking, the European Union continues to embrace its interconnected financial ecosystem; connecting, collaborating and sharing customer data instantly. Yet, the risk of fraud looms...
Steering through the digital transformation: Charting the course of future financial and payment system
Date: January 26, 2024
Steering Through the Digital Transformation: Charting the Course of Future Financial and Payment System By Guillaume Lefevbre, Head of Customer & Payment Xperience, Worldline LABS The financial ecosystem is currently experiencing a remarkable evolution, triggered by technological progress and novel trends that are redefining traditional payment practices and consumer habits. These innovations range from contactless...
FinTech in 2024 – onward growth or waning momentum?
Date: January 25, 2024
Fintech in 2024 – Onward Growth or Waning Momentum? By Khofiz Shakhidi, Chairman, Alif Bank By all accounts, the rise of fintech can be considered a success story. Since its inception over a decade ago, financial technologies have challenged and permanently transformed the manner in which businesses, consumers, and investors manage their banking and financial...
UK still undecided on digital cash as privacy concerns persist
Date: January 25, 2024
UK still undecided on digital cash as privacy concerns persist By David Milliken LONDON (Reuters) -British authorities will not decide until next year at the earliest on whether to go ahead with a state-backed digital pound that would provide an alternative to payments operated by banks and technology companies. The Bank of England and Britain’s...
Artificial intelligence and ISO 20022 improve payment transactions
Date: January 22, 2024
Artificial Intelligence and ISO 20022 Improve Payment Transactions Written by Niranjan Govindaram Modern payment systems are imperative for any country that wants to grow and prosper in a global marketplace. Efficient and secure payment systems are the central point of a country’s economy as they drive its business and enable its overall economic activity. Reliable...