Latest Finextra Research Payments Headlines https://www.finextra.com/ The Latest Financial IT Payments Headlines Copyright 2024 Finextra Research Ltd en-GB contact@finextra.com (Finextra Contact) Finextra Research Headlines https://www.finextra.com https://www.finextra.com/finextra-images/site/finextra.png PSR sets out next steps for variable recurring payments in the UK https://www.finextra.com/newsarticle/44600/psr-sets-out-next-steps-for-variable-recurring-payments-in-the-uk?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44600/psr-sets-out-next-steps-for-variable-recurring-payments-in-the-uk?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 16 Aug 2024 00:02:00 GMT The UK's Payment Systems Regulator says it will assess the necessity and scope of mandated participation in Phase 1 expansion of Variable Recurring Payments (VRPs) following stakeholder feedback. Stablecoin-to-fiat money transfer app Sling Money raises $15 https://www.finextra.com/newsarticle/44597/stablecoin-to-fiat-money-transfer-app-sling-money-raises-15?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44597/stablecoin-to-fiat-money-transfer-app-sling-money-raises-15?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 16 Aug 2024 00:01:00 GMT Sling Money, which combines stablecoin technology with fiat payment rails for instant money transfers, has raised $15 million in Series A funding. Klarna takes on banks with new 'account' for storing funds https://www.finextra.com/newsarticle/44598/klarna-takes-on-banks-with-new-account-for-storing-funds?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44598/klarna-takes-on-banks-with-new-account-for-storing-funds?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 15 Aug 2024 13:31:00 GMT Klarna is rolling out an "account" where customers can store money and cashback rewards as the Swedish fintech continues to diversify beyond its BNPL roots into more traditional retail banking services. Science Card opens e-money account for socially-conscious spending https://www.finextra.com/newsarticle/44595/science-card-opens-e-money-account-for-socially-conscious-spending?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44595/science-card-opens-e-money-account-for-socially-conscious-spending?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 15 Aug 2024 09:19:00 GMT UK fintech Science Card has opened an e-money account to further its goal of supporting scientific projects across health, climate change and tech through customer spending. Apple to open up NFC payments access to third parties https://www.finextra.com/newsarticle/44594/apple-to-open-up-nfc-payments-access-to-third-parties?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44594/apple-to-open-up-nfc-payments-access-to-third-parties?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 14 Aug 2024 19:42:00 GMT Apple is opening up the NFC chip technology that enables iPhone users to make contactless payments to third-party providers in a host of countries - including the US and UK - but will charge associated fees. DBS tokenizes treasury management for Ant International https://www.finextra.com/newsarticle/44587/dbs-tokenizes-treasury-management-for-ant-international?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44587/dbs-tokenizes-treasury-management-for-ant-international?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 14 Aug 2024 10:02:00 GMT Singapore's DBS is collaborating with Ant International on a blockchain-based tokenization project for 24/7 intra-group treasury and liquidity management. Russia cancels AmEx subsidiary's banking licence https://www.finextra.com/newsarticle/44584/russia-cancels-amex-subsidiarys-banking-licence?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44584/russia-cancels-amex-subsidiarys-banking-licence?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 13 Aug 2024 19:09:00 GMT Russia's central bank has cancelled the licence of American Express's subsidiary in the country, at the payment company's request, according to Reuters. Monzo outage hits customer payments https://www.finextra.com/newsarticle/44581/monzo-outage-hits-customer-payments?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44581/monzo-outage-hits-customer-payments?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 13 Aug 2024 13:50:00 GMT Thousands of Monzo customers were left unable to make payments on Tuesday thanks to a technical problem with the digital bank's app. Wise targets huge Indian remittance market https://www.finextra.com/newsarticle/44578/wise-targets-huge-indian-remittance-market?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44578/wise-targets-huge-indian-remittance-market?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 13 Aug 2024 00:01:00 GMT Money transfer fintech Wise is set to take on India's banks in the country's $32 billion remittance market after securing a new licence from the RBI. Amazon and Barclays launch co-branded credit card https://www.finextra.com/newsarticle/44574/amazon-and-barclays-launch-co-branded-credit-card?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44574/amazon-and-barclays-launch-co-branded-credit-card?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 12 Aug 2024 11:06:00 GMT Amazon and Barclays have come together to launch a perks-loaded co-branded credit card in the UK. Payoneer buys payroll firm Skuad https://www.finextra.com/newsarticle/44570/payoneer-buys-payroll-firm-skuad?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44570/payoneer-buys-payroll-firm-skuad?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 09 Aug 2024 13:22:00 GMT Cross-border payments firm Payoneer has acquired Singapore-based workforce and payroll management outfit Skuad for $61 million in cash. Australia moves one step closer to roll out of Confirmation of Payee https://www.finextra.com/newsarticle/44565/australia-moves-one-step-closer-to-roll-out-of-confirmation-of-payee?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/44565/australia-moves-one-step-closer-to-roll-out-of-confirmation-of-payee?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 08 Aug 2024 09:21:00 GMT Australian Payments Plus (AP+) and the Australian Banking Association (ABA) have completed the design specs for a new national Confirmation of Payee service, providing another layer of protection against scammers. Diebold Nixdorf first to support Windows 11 at the ATM https://www.finextra.com/pressarticle/101932/diebold-nixdorf-first-to-support-windows-11-at-the-atm?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101932/diebold-nixdorf-first-to-support-windows-11-at-the-atm?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 15 Aug 2024 17:04:00 GMT Diebold Nixdorf (NYSE: DBD), a world leader in transforming the way people bank and shop, announced today that it is the first ATM solution provider ready to support the Microsoft Windows 11 IoT Enterprise LTSC 2024 operating system. Mastercard collaborates with fintech startup Scale across Africa and Middle East https://www.finextra.com/pressarticle/101931/mastercard-collaborates-with-fintech-startup-scale-across-africa-and-middle-east?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101931/mastercard-collaborates-with-fintech-startup-scale-across-africa-and-middle-east?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 15 Aug 2024 15:58:00 GMT Mastercard has partnered with Scale, an issuer orchestration partner, to accelerate market deployment for fintech companies across Africa and the Middle East. Finzly combines FX payment platform with Corpay's real-time FX rates https://www.finextra.com/pressarticle/101930/finzly-combines-fx-payment-platform-with-corpays-real-time-fx-rates?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101930/finzly-combines-fx-payment-platform-with-corpays-real-time-fx-rates?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 15 Aug 2024 15:47:00 GMT Finzly, Inc. ("Finzly"), a leader in innovative payment and financial solutions, today announced an agreement with Corpay, Inc. Cross-Border business, (NYSE: CPAY) a global leader in corporate payments, to collaborate on a joint offering that brings together Finzly's FX payment platform and Corpay's real-time FX rates. FIS to utilise Neural Payments platform https://www.finextra.com/pressarticle/101929/fis-to-utilise-neural-payments-platform?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101929/fis-to-utilise-neural-payments-platform?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 15 Aug 2024 15:45:00 GMT FIS (NYSE: FIS), a global leader in financial technology, today announced that it is unlocking the Neural Payments solution to its clients, expanding the availability of peer-to-peer (P2P) payments by leveraging the company’s global scale and NYCE debit rails to bring this capability to a wider range of institutions. BNPL firm Zip integrates with Stripe for US merchants https://www.finextra.com/pressarticle/101926/bnpl-firm-zip-integrates-with-stripe-for-us-merchants?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101926/bnpl-firm-zip-integrates-with-stripe-for-us-merchants?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 15 Aug 2024 15:41:00 GMT Zip (ASX: ZIP), a digital financial services company offering innovative, people-centered products, today announced its integration as a payment method for U.S. merchants using Stripe. Crypto infrastructure outfit Mesh secures QuantumLight investment https://www.finextra.com/pressarticle/101924/crypto-infrastructure-outfit-mesh-secures-quantumlight-investment?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101924/crypto-infrastructure-outfit-mesh-secures-quantumlight-investment?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 15 Aug 2024 15:36:00 GMT Mesh, the modern connectivity layer for crypto that makes payments and deposits seamless, today announced a new investment by QuantumLight, the innovative venture capital firm founded by Nik Storonsky, the CEO and founder of global financial superapp Revolut, which recently reached 45 million users in June 2024, establishing itself as one of the leading tech companies across the globe. PayQuicker partners Thunes to expand e-wallet payouts capabilities https://www.finextra.com/pressarticle/101922/payquicker-partners-thunes-to-expand-e-wallet-payouts-capabilities?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101922/payquicker-partners-thunes-to-expand-e-wallet-payouts-capabilities?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 15 Aug 2024 15:32:00 GMT PayQuicker, a leader in global payouts orchestration, announced a collaboration with Thunes, a global money movement innovator, to expand its e-Wallet payout capabilities worldwide. Airwallex processing volume surges past $100 billion https://www.finextra.com/pressarticle/101919/airwallex-processing-volume-surges-past-100-billion?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101919/airwallex-processing-volume-surges-past-100-billion?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 15 Aug 2024 11:17:00 GMT Airwallex, a leading global payments and financial platform for modern businesses, has surpassed $100 billion in annual processing volume, up 73 percent year-on-year. PayZen raises $32 million in equity and $200 million in debt funding https://www.finextra.com/pressarticle/101912/payzen-raises-32-million-in-equity-and-200-million-in-debt-funding?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101912/payzen-raises-32-million-in-equity-and-200-million-in-debt-funding?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 15 Aug 2024 09:35:00 GMT Today PayZen, a technology company tackling healthcare affordability with AI-powered solutions, announced an oversubscribed Series B, led by NEA, with full participation from existing investors including 7wireVentures, SignalFire, Viola Ventures, and others. Adyen and the BMW Group extend payment partnership from e-commerce to POS https://www.finextra.com/pressarticle/101909/adyen-and-the-bmw-group-extend-payment-partnership-from-e-commerce-to-pos?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101909/adyen-and-the-bmw-group-extend-payment-partnership-from-e-commerce-to-pos?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 15 Aug 2024 09:02:00 GMT The expanded partnership between Adyen and BMW Group is the result of a successful global e-commerce collaboration where Adyen developed customized payment solutions to meet BMW Group's customer engagement and shopping experience requirements. MetaMask partenrs Mastercard on crypto-to-fiat card https://www.finextra.com/pressarticle/101908/metamask-partenrs-mastercard-on-crypto-to-fiat-card?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101908/metamask-partenrs-mastercard-on-crypto-to-fiat-card?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 14 Aug 2024 20:04:00 GMT Today, MetaMask (developed by Consensys), Mastercard and Baanx (which powers the Crypto Life platform) announced the pilot launch of MetaMask Card, enabling MetaMask wallet users to seamlessly use their cryptocurrency for everyday purchases in fiat currency (e.g., euros, £) anywhere around the world Mastercard is accepted. Modern Treasury expands instant payments support https://www.finextra.com/pressarticle/101907/modern-treasury-expands-instant-payments-support?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/101907/modern-treasury-expands-instant-payments-support?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 14 Aug 2024 20:02:00 GMT Modern Treasury, essential infrastructure for the new era of payments, today announced that it has expanded instant payments support for mutual customers of six leading banks — Bank of America, Cross River, JPMorgan Chase, PNC Financial Services, U.S. Bank and Wells Fargo. How the Commercial Payments Market is Evolving https://www.finextra.com/videoarticle/3179/how-the-commercial-payments-market-is-evolving?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3179/how-the-commercial-payments-market-is-evolving?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 07 Aug 2024 11:42:00 GMT At EBAday 2024, Wim Grosemans, Global Head of Product Management Payments and Receivables, BNP Paribas, sets the scene around how the commercial payments market is evolving. From an infrastructure perspective, the interview details how banks should make important moves to implement instant payments, ISO 20022 and cross border payments as regulation dictates, so there is a lot to do on the plumbing within a financial institution for tomorrow's payments. A staggering amount of digitisation is also incoming, which will result in digital payments soaring and with this, an ecommerce boom for B2C customers and B2B customers. The Intersection of Wildlife Trafficking and Financial Crime https://www.finextra.com/videoarticle/3178/the-intersection-of-wildlife-trafficking-and-financial-crime?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3178/the-intersection-of-wildlife-trafficking-and-financial-crime?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 05 Aug 2024 10:20:00 GMT FinextraTV, Julia Thorn, Senior Marketing Manager, Financial Crime Compliance, LexisNexis® Risk Solutions and Robert Campbell, Programme Director of United for Wildlife, The Royal Foundation of The Prince and Princess of Wales, dive deep into their recently released report on how wildlife trafficking can be combatted with the power of collaboration. Exploring the objectives of the report, the pair doubled down on the importance of enforcement data and how this data can be used for good by looking for patterns that are more relevant to financial institutions than first thought. Further, financial institutions must consider wildlife trafficking as organised crime and as the money involved cannot be hidden under the bed - it moves through commercial entities such as airports and shipping ports - this form of money laundering must be mitigated. Why Traditional AI should be used alongside Generative AI for Fraud Prevention https://www.finextra.com/videoarticle/3174/why-traditional-ai-should-be-used-alongside-generative-ai-for-fraud-prevention?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3174/why-traditional-ai-should-be-used-alongside-generative-ai-for-fraud-prevention?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 01 Aug 2024 10:31:00 GMT At EBAday 2024, Marc Corbalan, Vice President, A2A Risk Solutions, Visa, explores fraud detection advances and strategies. Generative AI is truly revolutionary and outperforms traditional AI when it comes to analysing text, voice, and imagery, namely describing when transactions are risky. However, Generative AI struggles with numerical data that includes patterns, which is what fraud analysts using search for. This is why traditional AI must be used alongside Generative AI. Reimagining Your Core: How Banks Can Thrive Amidst Rapid Technological Change https://www.finextra.com/videoarticle/3172/reimagining-your-core-how-banks-can-thrive-amidst-rapid-technological-change?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3172/reimagining-your-core-how-banks-can-thrive-amidst-rapid-technological-change?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 24 Jul 2024 11:45:00 GMT Narendra Mistry, CPTO of Universal Banking at Finastra, emphasises that banks must adapt quickly to evolving technology and customer expectations. Success lies in implementing efficient core banking systems, that enable innovation at scale and at pace, while navigating AI and data with a focus on mindset and business services. Lean systems, like those of neo and digital-only banks, are good, but long-term growth requires a clear vision, a strong culture and breadth of capabilities. For established banks with pre-existing infrastructures, symbiosis – where next gen solutions are deployed alongside existing solutions – can offer a fast way to deliver outstanding experiences, stay ahead of competitors and, when appropriate, ease transitions. 2024 Payments Trends and Adding Value https://www.finextra.com/videoarticle/3171/2024-payments-trends-and-adding-value?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3171/2024-payments-trends-and-adding-value?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 23 Jul 2024 10:00:00 GMT At EBAday 2024, Michael Whitehead, Head of Sales - Europe, iGTB, and Tapan Agarwal, Head of Payments Solutions, iGTB, Intellect Design Arena, focus on the range of payments trends that are circulating within the industry and what is pushing innovation forward. The pair pay close attention to European regulations that are mandating instant payments, as well as the One-Leg Out Instant Credit Transfer and the G20's bid to ensure payments get faster, cheaper and more transparent. Further, they explore how banks can build on value-added services using technologies such as Generative AI, DLT and IoT, which will evidently lead to an explosion of payments. How Open Banking will Enable Embedded Finance https://www.finextra.com/videoarticle/3170/how-open-banking-will-enable-embedded-finance?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3170/how-open-banking-will-enable-embedded-finance?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 19 Jul 2024 12:53:00 GMT At EBAday 2024, Afonso Eça, Appointed Executive Board Member, Banco BPI, expands on the future of open banking and embedded finance and how these two trends are transforming the financial industry. While regulatory pushes such as PSD2 led to more uptake of open banking, financial institutions continue to take advantage of what is occurring in the fintech space and move forward. The conversation also turns to how open banking is the catalyst for embedded finance and through open payments, customers and businesses alike will be able to simplify the payments journeys of small business operators. SEPA, ISO 20022 and the Road to Innovation and Resiliency https://www.finextra.com/videoarticle/3169/sepa-iso-20022-and-the-road-to-innovation-and-resiliency?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3169/sepa-iso-20022-and-the-road-to-innovation-and-resiliency?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 19 Jul 2024 11:09:00 GMT At EBAday 2024, Renata Vilanova Lobo, Head of Global Clearing, J.P. Morgan Payments, explores the cross-border impact of SEPA on European and global interoperability and why ISO 20022 is crucial for financial institutions. There is an urgency for financial institutions to transition because of deadlines, but also due to the great benefits this change can bring to the industry, being the biggest change in payments in the last 30 years. Resiliency plays a critical role in today's landscape and it is expanding its concept; as a result, and banks must consider geopolitics, economic downturns and unforeseen challenges on top of operational stability. What changes lie ahead for the future of real-time payments https://www.finextra.com/videoarticle/3168/what-changes-lie-ahead-for-the-future-of-real-time-payments?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3168/what-changes-lie-ahead-for-the-future-of-real-time-payments?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 17 Jul 2024 13:50:00 GMT At EBAday 2024, Paul Francis Walvik-Joynt, Senior Vice President, Real Time Payments, Mastercard, shares an outline of what changes lie ahead for real-time payments and what the proliferation of real-time payments means for the adoption of instant payments. It is evident that trust needs to be maintained as the industry grows and introduces new networks, ensuring organisations are remaining resilient and fraud is combatted. Further, with the advent of new real-time payments systems, opportunities are opening up for domestic and global payments, and for technologies such as AI to be leveraged. The global approach to solving payee verification challenges https://www.finextra.com/videoarticle/3167/the-global-approach-to-solving-payee-verification-challenges?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3167/the-global-approach-to-solving-payee-verification-challenges?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 16 Jul 2024 11:51:00 GMT Albert Sitelis, Head of Partnerships & Market Development at Banfico, discusses the hurdles of meeting the IP regulation compliance deadline for payee verification at EBAday 2024. With over 5000 PSPs in Europe, connectivity remains a major challenge, despite existing name check systems in several countries. Sitelis stresses collaboration among schemes, technical providers, and banks as crucial, and advocates for broader industry involvement beyond banks to combat APP fraud globally, suggesting the need for enhanced data analysis beyond name matching. Looking Ahead to the Future of Cross-Border Payments https://www.finextra.com/videoarticle/3166/looking-ahead-to-the-future-of-cross-border-payments?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3166/looking-ahead-to-the-future-of-cross-border-payments?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 15 Jul 2024 11:31:00 GMT At EBAday 2024, Dawid Janas, Global Head of Clearing & FI Payments, Treasury and Trade Solutions, Citi, discusses the biggest changes happening currently across the cross-border payments landscape and how banks can ensure success in this rapidly changing environment. The conversation also turns to the technologies driving this change and how financial institutions can successfully scale their clients' cross-border payments processes. What African Banks are Prioritising Today https://www.finextra.com/videoarticle/3165/what-african-banks-are-prioritising-today?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3165/what-african-banks-are-prioritising-today?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 15 Jul 2024 09:00:00 GMT Join FinextraTV at the Temenos Community Forum 2024 as Lee Allcorn, Managing Director, MEA, Temenos and Deribie Asfaw, President, Cooperative Bank of Oromia talk about the priorities for banks across the African continent and the speed at which business and innovation operates here. Today, clients are prioritising trust, security and ensuring that their investments are as risk-free as possible. In addition to this, providing services to those that are unbanked and underbanked in a low cost manner continues to be an issue to be resolved. The conversation also turns to scalability, as financial institutions in Africa look to reach new channels and new markets. Core Banking Transformation: Enabling Future Growth at a Systemic Bank https://www.finextra.com/videoarticle/3159/core-banking-transformation-enabling-future-growth-at-a-systemic-bank?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3159/core-banking-transformation-enabling-future-growth-at-a-systemic-bank?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 12 Jul 2024 09:00:00 GMT Join FinextraTV at the Temenos Community Forum 2024 as Mick Fennell, Business Line Director - Payments, Temenos and Serge Munten, Head of Transformation, Banque Internationale à Luxembourg discuss their digital transformation project and the obstacles the bank faced when modernising core banking and payments capabilities. Scoping out the project, it is explored how BIL decided to completely revisit their IT landscape to enable the bank to manage higher transaction volumes, keep up with changing regulations and drive future growth. The road to compliance https://www.finextra.com/videoarticle/3163/the-road-to-compliance?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/3163/the-road-to-compliance?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 11 Jul 2024 12:03:00 GMT At EBAday 2024, Paul Thomalla, Non Executive Director, Unifits, discusses ISO 20022 and the decades-long journey to reach adoption and implementation. The payments sector is a complex world and with ISO 20022 and other mandates emerging, there is an unavoidable tsunami of change constantly hitting banks. As a result, being and remaining compliant is no easy feat and in order to remedy these issues, ISO 20022 must be considered a business-led tool and testing should occur by employees that understand how technology processes should be operating as well as the business nuances of what the rules have set out. But while testing is of course important, getting compliant and staying evergreen is key. Microservice architecture: The answer to modern payments processing https://www.finextra.com/featurearticle/2853/microservice-architecture-the-answer-to-modern-payments-processing?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/featurearticle/2853/microservice-architecture-the-answer-to-modern-payments-processing?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 15 Aug 2024 09:52:00 GMT Watch this webinar, in association with Diebold Nixdorf, to learn why microservices architecture is the future of real-time payments processing. SEPA Inst Mandate: Impacts on Day 1, Day 90 – and beyond? https://www.finextra.com/featurearticle/2843/sepa-inst-mandate-impacts-on-day-1-day-90--and-beyond?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/featurearticle/2843/sepa-inst-mandate-impacts-on-day-1-day-90--and-beyond?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 31 Jul 2024 10:22:00 GMT Watch this webinar detailing initial - and future – marketplace opportunities and compliance impacts of looming Euro-country instant payments regulations. Automated testing: The road to evergreen compliance https://www.finextra.com/featurearticle/2841/automated-testing-the-road-to-evergreen-compliance?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/featurearticle/2841/automated-testing-the-road-to-evergreen-compliance?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 29 Jul 2024 10:12:00 GMT Watch this webinar, in association with Unifits, to learn why the future of banks’ payments testing is automation. Winning Payment Strategies for High-Opportunity Industries https://www.finextra.com/featurearticle/2836/winning-payment-strategies-for-high-opportunity-industries?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/featurearticle/2836/winning-payment-strategies-for-high-opportunity-industries?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 11 Jul 2024 14:16:00 GMT Watch this webinar to understand the payment needs of high-opportunity industries like online trading, digital goods, online gaming, creator economy and others. Global Trade Based Financial Crime: Where Trade and Payments Meet https://www.finextra.com/featurearticle/2835/global-trade-based-financial-crime-where-trade-and-payments-meet?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/featurearticle/2835/global-trade-based-financial-crime-where-trade-and-payments-meet?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 11 Jul 2024 13:56:00 GMT Watch this webinar on how the future of trade finance require holistic solutions and expert insights, to be held ahead of Sibos 2024. What Are Digital Wallets? Exploring Their Rising Popularity https://www.finextra.com/blogposting/26603/what-are-digital-wallets-exploring-their-rising-popularity?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/blogposting/26603/what-are-digital-wallets-exploring-their-rising-popularity?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 12 Aug 2024 11:05:27 GMT Internet services or electronic devices that enable online transactions are known as electronic wall... Can The Payments Industry Use AI To Detect Fraud In 2024? https://www.finextra.com/blogposting/26594/can-the-payments-industry-use-ai-to-detect-fraud-in-2024?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/blogposting/26594/can-the-payments-industry-use-ai-to-detect-fraud-in-2024?utm_medium=rssfinextra&utm_source=finextrafeed Sun, 11 Aug 2024 17:45:16 GMT Research predicted that hacks and data breaches will cost the global economy over $9.5 trillion by ... Why Bankers Need to Think Like Entrepreneurs https://www.finextra.com/blogposting/26600/why-bankers-need-to-think-like-entrepreneurs?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/blogposting/26600/why-bankers-need-to-think-like-entrepreneurs?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 12 Aug 2024 07:48:56 GMT Fintech has revolutionized the banking and payments sectors, significantly contributing to economic ... One Year Since the FedNow Launch: What You Should Know https://www.finextra.com/blogposting/26617/one-year-since-the-fednow-launch-what-you-should-know?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/blogposting/26617/one-year-since-the-fednow-launch-what-you-should-know?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 14 Aug 2024 17:46:39 GMT Launched in July 2023, the Federal Reserve's FedNow service has been a game-changer in the U.S. paym... A Whole New World of Embedded Finance https://www.finextra.com/blogposting/26616/a-whole-new-world-of-embedded-finance?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/blogposting/26616/a-whole-new-world-of-embedded-finance?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 14 Aug 2024 15:32:42 GMT As more people use smartphones and other mobile devices to conduct their daily lives, mobile paymen... Sponsor's message: [Impact Study] Payment Fraud in 2024: Who is Liable? https://www.finextra.com/banners/banner.aspx?opt=ad&baid=7489 https://www.finextra.com/banners/banner.aspx?opt=ad&baid=7489 Mon, 08 Jul 2024 00:00:00 GMT [Impact Study] Payment Fraud in 2024: Who is Liable?