News from the IoT World

The Banque de France (BDF) and the Monetary Authority of Singapore (MAS) have successfully completed a pioneering post-quantum cryptography (PQC) experiment designed to enhance cross-border payment security and future-proof financial transactions. This international collaboration is a significant milestone in the drive to safeguard sensitive financial communications from quantum computing threats, which have the potential to […]

Paymentology has signed a referral partnership with Zand Bank, the UAE’s first fully licensed, all-digital bank. Paymentology partnership with Zand Bank This collaboration focuses on expanding financial services for fintechs and startups, aiming to accelerate innovation and growth in the UAE. Through this partnership, Paymentology and Zand will enable fintechs to thrive by offering a

Klarna, the Swedish buy-now-pay-later (BNPL) pioneer, has taken its first step towards going public, marking a major development in the fintech world. Klarna files for IPO Klarna disclosed on Wednesday that it has confidentially filed initial public offering (IPO) documents with the US Securities and Exchange Commission (SEC), aiming to list on the US stock

SentBe, a global FX total solutions provider in Korea, has partnered with Visa and implemented Visa Direct card transfer services, which allows real-time overseas payment through Visa’s global payment network. SentBe implements Visa Direct SentBe is the first in the Korean fintech industry to implement Visa Direct card transfer service. SentBe offers its customers the

INFORM have launched a new white paper which explains the challenges inherent in securing instant payments and the best means to achieve this goal. The white paper also claims instant payments represent a huge opportunity to create next-level products and services. In an earlier blog, we noted that instant payments are set to be the phenomenon of the

The e-commerce sector has transformed dramatically over recent years, with a notable shift during the pandemic when many retailers and consumer packaged goods (CPG) companies experienced accelerated online growth. However, as consumers have partially regressed to brick-and-mortar stores, online sales growth has slowed. According to recent research by Boston Consulting Group (BCG), e-commerce is projected

Amid ongoing and seemingly increasing incidences of fraud, it has been alarming to learn of a new wave of data theft of late. And it isn’t digital. I should be relieved but I’m not. What’s more, we’re not just dealing with physical theft but physical theft of mobile phones, the object of which is not

No one seems quite sure how many local payment methods (LPMs) are out there. Some sources put in at 500-plus, others at 1,000-plus, but everyone agrees, there is a HUGE number of them, and they are rapidly taking share from better established alternatives. This creates a series of dilemmas for any online merchant, especially those

The recent US election victory of Donald Trump has generated a wave of optimism among crypto executives, who see his win as a catalyst for a “golden era” of pro-crypto regulatory policies. Crypto hits new high Richard Teng, CEO of Binance, one of the world’s largest cryptocurrency exchanges, hailed Trump’s win as a “big win

The Euro Banking Association (EBA) has recently published findings from its survey on cross-border payments, exploring challenges and potential enhancements across the European payments landscape. This survey, conducted in Q2 2024, focused on 13 cross-border payment initiatives with a European footprint, including solutions such as BIS Nexus, EBA CLEARING’s RT1 OCT Inst solution, Swift Go,