These materials are meant to be a complement to the in-person course, they are not meant for distribution or standalone use.
Axis Bank launches 24/7 global USD clearing through Kinexys by J.P. Morgan
"Axis Bank, one of the largest private sector banks in India, has become the first Indian-headquartered financial institution to launch near-real-time, 24/7 programmable USD clearing capabilities for its commercial clients, leveraging Kinexys Digital Payments (KDP), a...
FDIC Clarifies Process for Banks to Engage in Crypto-Related Activities
"The Federal Deposit Insurance Corporation (FDIC) issued a Financial Institution Letter (FIL-7-2025) that provides new guidance for FDIC-supervised institutions engaging or seeking to engage in crypto-related activities. The guidance affirms that FDIC-supervised...
India Pushes To Ease International Payments Through Homegrown Network to Rival Visa, Mastercard
"India is asking the Financial Action Task Force (FATF) to reduce compliance requirements for cross-border payments made through its homegrown system. Launched in 2016, the Unified Payment Interface (UPI) accounted for 83% of India's digital payments volume in 2024....
J.P. Morgan Payments Expands European Footprint With iDEAL
"J.P. Morgan Payments is expanding its European e-commerce capabilities, providing an integrated, streamlined experience to meet merchant clients’ evolving needs. iDEAL, the leading payments network in the Netherlands, has been added as a payment method at checkout to...
Securing the Future of Fast Payments: The Cybersecurity Conundrum
"While fast payments come with many advantages, their instant nature and increased relevance for the digital economy has also made them a prime target for cyberattacks. Addressing risks to cybersecurity is crucial to ensuring fast payments remain safe, efficient and...
B2B Might Be the Biggest Ecosystem for the EUDI Wallet
"Europe has set an ambitious goal to launch the EU Digital Identity (EUDI) Wallet by December 2026. The EUDI Wallet will function as an app on a phone, certified by a specific member state that will add personal identification data (PID) into that wallet, making it a...
Bitcoin ATM Market Sees 971 Machines Go Offline
"This March, 971 bitcoin ATMs went offline. This puts the total number of bitcoin ATMs at 37,920, down from its high of nearly 40,000 in December 2022, according to a report by News.bitcoin.com. Bitcoin ATMs have been facing scrutiny, as lawmakers at the local, state...
Central Bank of Brazil Plans To Use AI in New Pix Fraud Risk Score
"In yet another effort to prevent Pix fraud, the Central Bank (BC) is developing a type of fraud risk score that will use Artificial Intelligence (AI) and Machine Learning (ML) techniques. According to Renato Gomes, director of Financial System Organization and...
Debit Card Interchange Fees Charged to Small Merchants After Regulation II
"In this article, Fumiko Hayashi examines whether the prohibitions on exclusivity arrangements and routing limitations helped reduce exempt interchange fees charged to small merchants for in-person debit card transactions. She finds that while some networks reduced...