What the FinTech? | S.5 Episode 15 | FedNow one year on – the growth of RTP in the US
In this podcast episode, we chat with Anu Somani, Head of Global Payables and Embedded Payments at US Bank.
FinTech Futures: Fintech news is part of the Informa Connect Division of Informa PLC
This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 3099067.
In this podcast episode, we chat with Anu Somani, Head of Global Payables and Embedded Payments at US Bank.
The company’s current chief risk and compliance officer Stephen Bell has been named as its new CEO.
CAB is integrating its FX network into the Visa Direct system via API.
Smith announced his decision to part ways with the company on LinkedIn.
Partior was founded as a joint venture between JP Morgan, DBS Bank and Temasek in 2021.
The exploratory study will focus on “real-time cross-border and cross-currency payments”.
Institutions from India, Malaysia, the Philippines, Singapore, and Thailand will implement the project.
The system is facilitated by the K-Net national payment gateway under the supervision of the Central Bank of Kuwait.
How can financial institutions strike a balance between speed and safety with instant payments?
Take a look at all the winners and highly commended from this year’s PayTech Awards ceremony!
Our pick of the top fintech news stories this week includes Klarna, iBusiness Funding, Norm Ai, Nubank and more.
The San Antonio-based bank has deployed the vendor’s single API instant payments platform.
The paytech has been utilising the vendor’s Vault Core offering since 2022.
FinTech Futures takes a look back at five of the top fintech partnership stories of the month.
Emirates NBD plans to extend the service to all its 853 branches across the world.
Leading figures from financial services gathered in Amsterdam for day two of Money20/20 Europe on Wednesday.
Day one’s proceedings took a specific focus on the topics of AI, tokenisation and digital modernisation journeys.
The framework also highlights the controls which will help firms mitigate governance and asset management risks.
Finastra says the move will enable LGT to meet the EU instant payments regulatory timeline.
Iberpay will serve as the clearing and settlement mechanism, through Santander, for OCT Inst transactions.
The bank has also tapped Temenos’ US Model Bank to “meet the unique business needs of the US market”.
Applications are to remain open until 31 May, with the final list of participants to be announced on 9 August.
The bank will collaborate with Interop Labs and Memento Blockchain as part of the project.
The integration is to replace Bankart’s legacy payment processing platform provided by ACI Worldwide.
The company previously announced its intention to purchase Synapse’s assets last month.
The new system is powered by the open-source payment platform Mojaloop.
The service will enable customers to transact USDC stablecoins via Solana, Ethereum and Polygon.
We delve into how and why Asia has surged ahead in the global race for CBDC development.
The US-based bank has partnered with Backbase and banking and payments fintech Finzly.
UK Finance says the experimentation phase of its Regulated Liability Network will run until summer 2024.
Matera’s Brad Goad discusses how banks need to modernise their core tech to keep up with instant payment innovations.
Responses to the consultation are being accepted until 29 May, ahead of applications for the DSS opening this summer.
In this episode of the podcast, we’re joined by Gilbert Verdian, CEO of Quant.
Concepts concerning the safety and efficiency of payments proved central to the conference’s agenda.
Notable participants in the trial included BNY Mellon, Standard Chartered, Goldman Sachs and Broadridge.
Fawran is due to launch in March and forms part of the bank’s Third Financial Sector strategy, announced last year.
The Budapest-based bank is to leverage its new partner’s payments testing and certification platform, t3.
Hagan has been tasked with leading the platform’s UK operations and market expansion efforts.
Industry innovators and thought leaders gathered in London on Tuesday for the opening day of FinovateEurope.
Crédit Agricole CIB hopes the platform will appease “the increasing demand for supply chain finance” in APAC.