US-based Commerce Bank has officially gone live with FedNow on Temenos Payments Hub delivered as Temenos SaaS, enabling real-time payments on the secure, scalable and […]
Month: May 2024
Eurosystem Completes First of Many Experiments To Test DLT Central Bank Money Settlements
Eurosystem, the monetary authority of the eurozone, has been exploring the possible use cases of distributed ledger technology (DLT) to conduct wholesale settlement in central […]
21% of UK Adults Have Turned to Prepaid Cards Since Start of Cost of Living Crisis, Says Recharge
Although news emerged last week that the UK has exited recession, the cost of living crisis continues to have a very real impact on the […]
ABHI Offers Earned Wages Access Users in the UAE Access to Mastercard-Powered Salary Advance Cards
Thanks to a new partnership with payments giant Mastercard, ABHI, an embedded finance platform backed by Hub71, is offering its users access to Mastercard’s ‘Salary […]
A Look Back on Highlights From Money20/20 Asia
Money20/20, the leading fintech show, concluded three days of fintech conversations, networking and industry nights from 23 to 25 April in Bangkok, Thailand – and […]
What Impact Are Regulations Having on the Digital Assets Ecosystem?
In recent years, digital currencies have been all the rave. However, the idea that digital assets are exclusively some form of currency is slowly falling […]
Visa Reveals Digital Products to be Launched Over the Year Catering to Evolving Consumer Demands
Consumer payment preferences are constantly evolving, meaning firms need to adapt to cater to these needs. At the Visa Payments Forum in San Francisco, Visa […]
bunq Bolsters AI-Driven Banking With AI Chatbot Upgrade, and Leverages Embedded Insurance With Qover
European neobank bunq has joined forces with insurtech firm Qover, to give its users across seven markets access to worldwide, one-time activation travel insurance. The neobank […]
Hungary-Based Customers Display ‘Real Appetite’ for Carbon-Conscious Banking Features, OTP Reveals
Customers of Hungary-based commercial bank OTP have been making good use of the bank’s new carbon tracker in the first six months; clocking up over […]
72% of Consumers Worry About Becoming a Victim of Fraud Due to Deepfakes, Jumio Finds
The rapidly increasing prevalence of AI-generated content and deepfakes has left many questioning everything they see online. In fact, as much as 72 per cent […]