NFC World

News from the NFC World journal

LatAm region poised as best source of tech unicorns

Once overlooked by the global tech industry, 2024 marks Latin America (LatAm) as the best region for tech “unicorns”, and particularly fintech start-ups, to emerge as game-changers and industry leaders. LatAm region poised as best source of tech unicorns Worldwide, businesses are realising the advantages of the region’s emerging tech talent and market potential and

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UPI: A revolution for real-time payments in India

Continuing its series on real-time payments beyond Europe, the European Payments Council has delved into the National Payments Corporation of India (NPCI) and its widely acclaimed Unified Payments Interface (UPI), a mobile-based real-time payment system facilitating instant personal and merchant transactions. The EPC interviewed Ritesh Shukla, CEO of NPCI International Payments Limited (NIPL), to learn

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Project Nexus: blueprint for connecting instant payment systems

The Bank for International Settlements (BIS) have announced that they have completed the comprehensive blueprint for phase three of Project Nexus, which will allow ready participants to work towards the next stage of seamlessly connecting their instant payment systems. Phase four will see Bank Negara Malaysia, Bangko Sentral ng Pilipinas, the Monetary Authority of Singapore, the

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Australia’s Central Bank to review retail payments regulation

The Reserve Bank of Australia (RBA) plans to review regulations governing the country’s retail payments. The review is expected to create a new regulatory regime that directly addresses these payments by fixing problems and enhancing user security. RBA to review retail payments regulation The RBA’s head of payments policy, Ellis Connolly, announced the review while

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Instant Payment regulation is number one priority

At the recent EBAday in Lisbon, Portugal there was an interesting roundtable where Sulabh Agarwal, global head of payments at Accenture spoke with Simon McConnell, European clearing head, treasury and trade solutions at Citi; and Bruno Mellado, global head of payments and receivables at BNP Paribas about navigating the testing waters of transformation for banks.

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This is how recruiters and hiring managers know you’re using AI tools for job applications

Considering professionals in UK finance are among the most exposed to AI, and those in the finance and insurance sector are the most exposed to AI than any other sector, according to a government report, it’s not surprising that the industry is leveraging AI when it comes to job applications too. AI tools, particularly those

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Klarna divests Klarna Checkout to investor consortium

Klarna has announced the divestment of Klarna Checkout (KCO). The buyer is a consortium of investors led by Kamjar Hajabdolahi, CEO & Founding Partner at BLQ Invest. Klarna divests Klarna Checkout This strategic move, worth around €485 million, will allow KCO to continue its evolution and enhancement and removes the conflict of interest it created

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