Companies

Google Announces Beta Test for Digital IDs Based on Biometrics and Us Passports

Biometric Update

“A new type of digital ID based on U.S. passports in Google Wallet has been introduced ahead of beta testing. Users scan the chip in their electronic passport, and match their selfie biometrics with a short video.”

Tags: Google

Companies

Safaricom Receives Payment Facilitator Certificate From Visa

TechTrendsKE

“Digital payments company Visa has awarded Safaricom a Payment Facilitator Certificate, marking a major milestone in its ongoing partnership with the telco.”

Tags: Safaricom Visa

Companies

The Shadow Dollar That’s Fueling the Financial Underworld

WSJ

“Cryptocurrency Tether enables a parallel economy that operates beyond the reach of U.S. law enforcement (WSJ Subscription Required).”

Tags: Tether

Regulation

FinCEN Issues In-Depth Analysis of Check Fraud Related to Mail Theft

FinCEN

“The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued a Financial Trend Analysis (FTA) on mail theft-related check fraud incidents based on Bank Secrecy Act (BSA) data filed in the six months following FinCEN’s issuance of its 2023 alert on this same topic.”

Tags: FinCEN

Global

International Visitors to Beijing Can ‘Tap & Go’ With Mastercard Cards to Pay For Rides on Beijing Urban Rail Transit

Mastercard

“Supported by the PBC, the Beijing government, and the city’s urban rail transit system, Mastercard has become the first international payment brand in Chinese mainland to complete system integration and successfully launch the ‘Tap & Go’ feature for urban rail transit”

Tags: China

Industry

Rain Technology Delivers ATM Switchable Privacy Display Technology

Business Wire

“Rain Technology announced the availability of ATM Switchable Privacy™, designed to protect consumers against visual hackers and snoopers at ATM terminals in financial institutions, retail stores, restaurants, airports, and other public settings.”

Companies

BBVA Incorporates USDC, a Leading Stablecoin, Into Its Crypto Asset Service in Switzerland

NEWS BBVA

“The bank is expanding its cryptocurrency custody and trading services to include USD Coin (USDC), a leading stablecoin whose value is pegged to the US dollar.”

Tags: BBVA

Companies

AvidXchange and Workamajig Announce Exclusive Strategic Partnership to Empower Media Companies to Manage Invoices Seamlessly

AvidXchange

“AvidXchange, a leading provider of accounts payable automation software and payment solutions for middle market businesses and their suppliers, announced a strategic and exclusive partnership with Workamajig, a leading agency management software for the creative industry.”

Tags: AvidXchange

Industry

Koxa Launches Open Banking Gateway to Drive Dodd-Frank Section 1033 Compliance

PR News Wire

“Koxa Corp. launched Open Banking Gateway, a new solution to help banks address the financial data access requirements of open banking regulations including Dodd-Frank Section 1033.”

Global

New Bill Introduced in Parliament to Clarify Crypto’s Legal Status

GOV UK

“The Property (Digital Assets etc) Bill, introduced in Parliament will mean that for the first time in British history, digital holdings including cryptocurrency, non-fungible tokens such as digital art, and carbon credits can be considered as personal property under the law.”

Tags: UK

Companies

Nymcard Leverages Mastercard Move to Offer Fast and Efficient Cross-Border Payments Across 47 Countries

Zawya

“NymCard has joined forces with Mastercard to offer fast global money transfers to its customers from the UAE to 47 countries leveraging Mastercard Cross-Border Services, part of the Mastercard Move portfolio of money transfer solutions, to deliver international remittance experiences to various countries including Bangladesh, Egypt, India, Nepal, Pakistan, Philippines, Sri Lanka, United Kingdom, United […]

Tags: Nymcard

Global

Pix to Surpass Credit Cards in Digital Commerce in Brazil by Next Year; Ebanx Analyzes Outcomes

PR News Wire

“Brazil’s instant payment system Pix is set to surpass credit cards as the most widely used payment method in Brazilian digital commerce by next year, according to Payments and Commerce Market Intelligence (PCMI) data analyzed by EBANX, a global technology company specializing in payment services for emerging markets.”

Tags: Brazil

Companies

How ISO 20022 Is Helping BNY Navigate the Future of Payments

SWIFT

“We’re entering a critical phase of the global ISO 20022 adoption. With the end of the MT/ISO 20022 cross-border coexistence period coming in November 2025, Fedwire scheduled to migrate in March 2025, and multiple post-migration milestones on the horizon in 2026, we spoke to Isabelle Bouille from BNY about their journey to ISO 20022 adoption.”

Tags: Bank of New York Mellon SWIFT

Companies

J.P. Morgan Payments Expands Oracle Partnership to Streamline Payments Across Treasury, Trade and Commerce

FF News

“J.P. Morgan Payments has announced new and enhanced product integrations connecting to the Oracle ecosystem, making it easier for clients to streamline their payments across treasury, trade and commerce.”

Tags: JPMorgan Chase

Companies

DNA Payments Launches Apple Pay Express Checkout for Ecommerce

Business Wire

“DNA Payments has introduced Apple Pay Express Checkout, giving Ecommerce clients a new way to accept customer payments. Now, merchants can offer Apple Pay at checkout or via the Express option through the Safari browser, ensuring consumers a swift and seamless buying experience.”