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Latest Results from /payments

/payments

AusPayNet and AP+ launch consultation on future of Australian A2A payments

Australia's payment industry and its domestic payments provider have launched a public consultation on the future of account-to-account payments in the country.

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Mastercard and Pay4You form spend management partnership

Mastercard has joined forces with self-service payment portal Pay4You to pitch a tail spend management offering to firms in Europe.

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EPC invites Directory Service Providers to collaborate on VoP scheme

The European Payments Council is seeking Directory Service Providers to help with checking routing algorithms that may be used by Verification of Payee (VoP) scheme participants.

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Five more Belgian banks join the European Payments Initiative

Five big banks in Belgium have joined the European Payments Initiative (EPI) with the intention of rolling out the Wero digital wallet and instant account-to-account (A2A) payment application to customers in the first half of next year.

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The Payments Association calls for more LGBTQIA+ diversity in payments

Findings from a survey conducted by The Payments Association (TPA) highlighted the need for further LGBTQIA+ inclusion in financial services.

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CBDC pilot projects seeing adoption in Ghana and Thailand – Giesecke + Devrient

Raoul Herborg, managing director, central bank digital currency (CBDC) solutions at Giesecke and Devrient (G+D) spoke to Finextra on their release of a recent survey on CBDC progress worldwide, and what we can expect from CBDCs in the coming years.

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ISDA and Ant International call for common industry framework for asset tokenisation

The uptake of tokenised bank liabilities and shared ledgers in transaction banking services could lower cross-border currency costs by 12.5%, saving businesses more than US$50 billion by 2030, according to a report by the International Swaps and Derivatives Association (ISDA) and Ant International.

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MiniPay and Noah debut global-to-local stablecoin payments

MiniPay and Noah have joined forces on non-custodial stablecoin payments that connect global banking rails with local payment methods.

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AllUnity secures BaFin EMI Licence to launch Euro stablecoin

AllUnity, a joint venture between asset manager DWS, market maker Flow Traders, and blockchain firm Galaxy, has been granted an E-Money Institution (EMI) licence by the German Federal Financial Supervisory Authority (BaFin)

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Wise makes bid for US national trust bank charter

UK-based money transfer giant Wise has applied to be directly regulated by the US Office of the Comptroller of the Currency and create a national trust bank.

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US bank groups call for quick transition as Treasury phases out paper cheques

A trio of bank groups has written to the US Department of the Treasury urging it to move quickly in ditching paper cheques for electronic payment options.

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Mastercard applies AI to stem card reissuance fraud

Mastercard is rolling out Account Intelligence Reissuance, a GenAI-based fraud prevention service, in the Eastern Europe, Middle East and Africa (Eemea) region.