"XTransfer, the World's Leading & China's No.1 B2B Cross-Border Trade Payment Platform, was granted the Major Payment Institution (MPI) License under the Payment Services Act 2019 by the Monetary Authority of Singapore (MAS). This significant milestone strengthens...
UK Open Banking Turns Seven – Industry Reaction
"There are now over 11.7 million active users of open banking-enabled products in the UK and 2025 is set to be a pivotal year for the industry, with the passing of key legislation."
NPCI Issues Clarification on ‘Jumped Deposit Scam.’ 3 Key Things to Know
"As digital payments revolutionise India, fraudsters are devising new tactics to exploit unsuspecting users. The latest concern, dubbed the 'Jumped Deposit Scam,' has sparked fears amongst Unified Payments Interface (UPI) users. However, the National Payments...
J.P. Morgan Payments Opts for Proprietary POS Terminals
"J.P. Morgan Payments is blazing its own path with two new payment terminals, both proprietary to the payment service. Announced Monday, the J.P. Morgan Paypad and Pinpad integrate in-store biometric authentication with payment acceptance."
Number of Websites That Have Alipay as a Digital Payments Solution Across Various Countries and Territories
"Alipay was available as a payment check-out option on 11,000 more websites from China than on websites that originated from the United States."
Skyrocketing RTP® Network Growth Sets Stage for 2025
More consumers and businesses than ever before benefited from real-time payments on the RTP® network in 2024, operated by The Clearing House. In 2024, payment value on the network jumped 94% from the previous year, logging in at $246 billion, while volume surged 38%...
AIsa Unveils Groundbreaking Payment Network for the Trillion-Dollar AI Economy
"AIsa combines the speed of the Lightning Network with the stability of multi-asset stablecoins to deliver an AI-native payment solution. Designed to process transactions as small as $0.0001, AIsa enables instant settlements with near-zero fees. Key features include..."
Voice AI Comes to Payments
"iWallet announced the introduction of Voice AI to payments. iWallet is the first in the world to launch a PCI-compliant TO (Telephone Order) AI-based system that uses voice instead of manual DTMF signal entry, providing a smoother user experience and enhanced...
The Use and Disuse of Fintech Credit: When Buy-Now-Pay-Later Meets Credit Reporting
"Non-bank lenders that use innovative technologies to improve the delivery of financial services have significantly promoted financial inclusion. However, these fintech lenders often do not share information about their lending with other creditors."
IXOPAY and Riskified Announce Partnership to Boost Fraud Prevention and Enhance Enterprise Payment Orchestration
"IXOPAY, a leading enterprise payment orchestration platform, and Riskified, a leader in ecommerce fraud and risk intelligence, announced a strategic partnership to enhance payment security, reduce fraud challenges and increase payment operation resilience."