Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

Starling on scalability and being cut from the cloud

Finextra spoke with Starling Bank to understand how being ‘born in the cloud’ allows them to accelerate development and scale-up at a fast pace.

07 March 2023

News/payments

Standard Chartered and Allinpay partnership enables cross-border QR payments

Standard Chartered Bank and Singaporean company Allinpay have enabled PayNow instant cross-border payments for merchants and businesses in Hong Kong using QR codes.

09 February 2023

News/payments

Swift chair Yawar Shah steps down after 16 years

The Swift Board of Directors has announced that Yawar Shah has stepped down, retiring after 16 years as Chair.

16 December 2022

News/payments

AFP 2022: Europe and North America show mixed reception for new payment methods

Ahead of AFP 2022, Finextra caught up with Carl Slabicki, co-head of global payments at BNY Mellon, to discuss the recently released report, ‘What The Data Say’, in association with Aite-Novarica. The report explores how while “newer emerging electronic payments mechanisms are growing, legacy payment tools including checks and even cash remain resilient.”

24 October 2022

News/payments

FedNow real-time payments service to launch next summer

The Federal Reserve has narrowed the timing of the launch of its real-time payments service, FedNow, to the middle of next year.

29 August 2022

News/payments

JP Morgan rolls out cross-border liquidity product in Saudi Arabia

JP Morgan Payments has launched a cross-border liquidity solution in Saudi Arabia, allowing clients to connect to liquidity pools in London and other international cities.

05 August 2022

News/payments

Swift could face challenge in new era for cross-border payments - EIU

The Russian invasion of Ukraine will cause disruption to cross-border payment systems and could, in conjunction with technological advances, challenge the dominance of the Swift network, predicts a paper from the Economist Intelligence Unit (EIU).

29 July 2022

News/payments

GoCardless and Plaid launch VRP offering ahead of CMA sweeping deadline

Following the Competition and Markets Authority’s mandate that the UK’s nine largest banks must support sweeping by 31st July 2022, both Plaid and GoCardless have launched a Variable Recurring Payments offering today.

26 July 2022

News/payments

EBAday 2022: Going instant with ISO 20022 and liquidity management

Diving-in to day two, Joost Bergen, owner, Cash Dynamics, kicked off the ‘Real-time liquidity management’ session with the poll question: do we really need liquidity management close to real time?

01 June 2022

News/payments

Santander launches instant payments into Brazil from Europe

Santander’s SME and corporate clients in Spain, from today, will be able to make immediate international payments to recipients in Brazil, in Brazilian Real, through the One Trade solution.

30 March 2022

News/payments

UK’s Faster Payments quadruples transaction limit to £1 million

A Pay.UK spokesperson has confirmed that the Faster Payment System transaction limit has today increased from £250,000 to £1 million.

08 February 2022

News/payments

Tanzanian instant payment system to be launched in February 2022

The Bank of Tanzania (BoT) is now expecting to launch its new payments system, the Tanzania Instant Payment System (TIPS) in February, the Citizen reports. The system was initially intended to roll out in December 2021 but was delayed as upgrades were made.

07 January 2022

News/payments

Visa completes acquisition of Currencycloud

First announcing the deal in July 2021, Visa has completed its acquisition of Currencycloud - a global platform enabling banks and fintechs to provide foreign exchange solutions for cross-border payments.

21 December 2021

Instant Payments