October 24, 2024 @ 10:37 pm By Omar Faridi  |  

Nium, the infrastructure for real-time cross-border payments, has recently announced that financial institutions are now able to leverage the Swift capabilities and their existing Swift infrastructure to connect to Nium’s global real-time payments network. This connection provides a cost-effective solution for financial institutions to connect… Read More

 Tagged Cross-Border Transactions, international payments, nium, payments, swift

October 24, 2024 @ 10:05 pm By Omar Faridi  |  

The UK’s Pensions Minister has recently announced a prioritization of the Moneyhelper Dashboard launch, with a further delay to the launch of commercial dashboards. Becky O’Connor, Director of Public Affairs of PensionBee, commented that while it’s encouraging to see the UK Government’s continued commitment to… Read More

 Tagged online pension provider, pensionbee, uk, united kingdom

October 24, 2024 @ 8:10 pm By Omar Faridi  |  

Thunes, the so-called “Smart Superhighway” to move money around the world, has recnetly announced its Direct Global Network now provides banks with access to more than 3 billion mobile wallets across the globe via their existing Swift connectivity. Thunes’ network capability allows financial institutions connected… Read More

October 24, 2024 @ 8:05 pm By Omar Faridi  |  

Criminals appear to be reverting to old-school tactics but with certain new twists, according to payments company Visa’s (NYSE: V) State of Scams Report. The latest Visa Threats Report highlights “emerging” scams targeting consumers, merchants and financial institutions. Ahead of Money20/20 US, Visa, a global… Read More

 Tagged fraud, payments, research, scams, visa

October 24, 2024 @ 8:04 pm By Omar Faridi  |  

Research and key insights released by Adyen (ADYEN:AMS), the global financial technology platform of for international businesses, reveals 40% of consumers have already, or are planning to, “unsubscribe” from services and products they’ve set up recurring payments with over the “next 12 months.” The data… Read More

 Tagged adyen, consumer behavior, financial planning, financial services, Research Study

October 24, 2024 @ 4:25 pm By Omar Faridi  |  

Juniper Research noted that as payment technologies evolve, fintech companies, central banks, and commercial banks are increasingly focusing on the ongoing transition to online methods of payment. Juniper Research added in its update that this trend is evident in the growing preference for using digital… Read More

 Tagged cbdcs, payments, Research Study, stablecoins

October 24, 2024 @ 3:46 pm By JD Alois  |  

 SEC Commissioner Mark Uyeda delivered a speech earlier today in Hong Kong where he lauded the availability of alternative assets as contributing significantly to our global economies. These alternative assets include private securities, both debt and equity, as well as crypto assets. Commissioner Uyeda explains:… Read More

 Tagged hong kong, mark uyeda, regulation, sec

October 24, 2024 @ 9:21 am By JD Alois  |  

There has been much discussion of the Open Banking rules announced by the US Consumer Financial Protection Bureau (CFPB). While many support the new regulations, which aim to empower consumers to control their financial services data—allowing when and by whom to use the information—some are concerned about having a… Read More

 Tagged cfpb, consumer financial protection bureau, open banking, wise

October 24, 2024 @ 8:53 am By Omar Faridi  |  

UK Finance has released its 2024 banking sector tax report, UK Finance has shared key insights in its latest estimate of the total tax contribution of the UK banking sector, produced by Big Four auditing and professional services firm PwC. The detailed analysis shared by… Read More

 Tagged banking, insights, Research Report, tax, uk finance

October 24, 2024 @ 8:51 am By Omar Faridi  |  

Sygnum, a digital asset banking group, announces a new office in Lugano, the largest city in the Canton of Ticino and the Italian-speaking area of southern Switzerland. The move aims to expand client services and enable collaboration with the  Lugano-based Bitcoin and digital asset ecosystem… Read More

 Tagged banking, bitcoin, digital assets, europe, switzerland, sygnum