Swift is partnering with a group of banking giants to combat cross-border payment fraud. The global messaging service announced in a news release Thursday (May 30) that it is launching a pair of artificial intelligence-based experiments to help its member banks recognize fraud. “Fraud cost...
The payments landscape in Europe is poised for a shift as new regulations mandating support for instant payments go into effect in 2025. That’s no guarantee that consumers and businesses will automatically take advantage of them, but it will have implications for banks as well...
NetXD has expanded its cross-border payments partnership with Visa B2B Connect. After onboarding banks in Europe and the Americas, the collaboration is now moving to Asia, NetXD said in a Tuesday (May 21) news release. “Visa is committed to modernizing cross-border payments around the world...
Opus Technologies has launched a payment integration framework designed for financial institutions. The new Paysemble helps financial institutions simplify technology adoption, migration and integration and ensure seamless operations, the company said in a Tuesday (May 21) press release. “Customers today expect a seamless and intuitive payment experience,” Opus CEO Praveen...
May 23, 2024
The payments landscape in Europe is poised for a shift as new regulations mandating support for instant payments go into effect in 2025. That’s no guarantee that consumers and businesses will automatically take advantage of them, but it will have implications for banks as well as consumers and present opportunities for businesses across the region. […]
May 16, 2024
The best, and most lasting innovations, are those that beget other innovations. That’s because innovation rarely happens in isolation. The strongest pushes of forward progress frequently build upon existing knowledge, technology...
May 08, 2024
There’s no place like home, particularly when it comes to preferred payment mechanisms. That’s why businesses looking to expand internationally need to ensure that their strategic approach includes diversification of payment methods and the...
April 30, 2024
In the midst of chaos, there is also opportunity. That quote, from Sun Tzu’s “The Art of War,” dates to the fifth century B.C. But it is just as relevant today, as businesses around...
May 30, 2024
Swift is partnering with a group of banking giants to combat cross-border payment fraud. The global messaging service announced in a news release Thursday (May 30) that it is launching a pair of artificial intelligence-based experiments to help its member banks recognize fraud. “Fraud cost the financial industry $485 billion in 2023 alone,” Swift said. […]
May 21, 2024
NetXD has expanded its cross-border payments partnership with Visa B2B Connect. After onboarding banks in Europe and the Americas, the collaboration is now moving to Asia, NetXD said in a...
May 21, 2024
Opus Technologies has launched a payment integration framework designed for financial institutions. The new Paysemble helps financial institutions simplify technology adoption, migration and integration and ensure seamless operations, the company said in a...
May 21, 2024
Swift has unveiled new ways for financial institutions to streamline cross-border payments for corporate customers. The financial messaging service said it is doing this “by extending ISO 20022 across the entire...
