"Phixius by Nacha (Phixius) — a secure, peer-to-peer payment information network— today announces a strategic collaboration with Kinexys Liink, the world’s first bank-led peer-to-peer data sharing network, part of Kinexys by J.P. Morgan. This collaboration establishes...
Binance Tightens South African Compliance Rules for Crypto Transfers
"Binance is set to implement new compliance measures for South African users, requiring sender and receiver information for all crypto deposits and withdrawals. In an announcement on April 23, the largest exchange in terms of daily trading volume of cryptocurrencies...
SuperCard X Enables Contactless ATM Fraud in Real-Time
"A sophisticated mobile malware campaign using a new NFC-relay technique to steal payment card data has been uncovered by security researchers. Named “SuperCard X,” the Android malware operates under a Malware-as-a-Service (MaaS) model and enables fraudsters to carry...
Truist First Bank To Begin Revolutionizing Bill Pay With Alias-Based Request for Payment via the RTP® Network
"Truist Financial Corporation announced the successful completion of the initial testing phase of an innovative alias-based bill payment solution that leverages The Clearing House's RTP® network and Request for Payment (RfP) platform. The achievement positions Truist...
Amazon Puts Rs 350 Crore in Amazon Pay India Amid Rising Competition in Fintech
"Amazon has invested Rs 350 crore into Amazon Pay India to strengthen its position in the digital payments market, despite its UPI ranking slipping to eighth place. This investment follows previous capital infusions and comes as Flipkart's Super.money explores new...
PayPal and Coinbase Expand Partnership to Drive Innovation of Stablecoin-based Solutions
"Coinbase platforms to provide fee-free purchases and easy 1:1 redemption of PayPal USD while companies jointly explore new payment use cases"
Modern Treasury: Formalizing Our Partnership with Blankfactor
"Today marks an exciting milestone for Modern Treasury, as we announce our partnership with Blankfactor, a subsidiary of Globant specializing in financial technology services. By combining Modern Treasury's payment operations expertise with Blankfactor's technical...
New Research Shows U.S. Businesses Resolve Pain Points, Find Solutions With Instant Payments
"U.S. businesses are using instant payments to solve common payment pain points and improve customer and employee experiences, according to a new survey released by Federal Reserve Financial Services. Most businesses (66%) said they were likely to use instant payments...
Project Meridian FX Shows Possibility of Cross-Border Linkages for FX Transactions Between Wholesale Payment Infrastructures
"Project Meridian FX proves that wholesale payment infrastructures, such as real-time gross settlement (RTGS) systems, can be interoperable via new technologies for FX transactions. The joint project between the Bank for International Settlements, Bank of England,...
Capital One Banks on AI for Financial Services
"Financial services has long been at the forefront of adopting technological innovations. Capital One’s strategy centers on a “test, iterate, refine” approach that balances innovation with rigorous risk management. The company’s first agentic AI deployment is a chat...