Reviving correspondent banking: The key to cross-border payments

As the global economy grows increasingly interconnected, cross-border payments have become a critical area of focus. Yet, as pointed out before by Payments Cards & Mobile, challenges such as high transaction costs and complex compliance processes continue to plague the correspondent banking model, a backbone of international finance. Policymakers and financial institutions alike are now […]

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First fully regulated, EU licensed, blockchain-based trading venue

In a ground breaking development poised to redefine global capital markets, 21X has become the first ever entity to receive a license to operate a blockchain-based trading and settlement system that is fully regulated in accordance with European  Union (EU) law. Fully regulated blockchain trading Granted by BaFin, Germany’s financial supervisory authority, this license marks

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HSBC enters BNPL market as Divido hits insolvency

The UK’s point-of-sale finance market is undergoing significant shifts as HSBC launches its BNPL solution, Flexipay, just months after fintech firm Divido, partly backed by HSBC, announced insolvency. HSBC enters BNPL market Divido, once a promising fintech in the embedded retail finance space, entered administration in July. Founded in 2014, it offered a white-label consumer

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Onboarding: A real opportunity for all organisations

Onboarding is a largely understated element in the noise around digitalisation. Financial providers themselves don’t tend to bemoan so-called abandonment rates in the same way as one hears about cart abandonment in the e-commerce space. But facing the reality of onboarding frustrations for the customer is a real opportunity for organisations in all sorts of

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Major retailers switch to the multi-lender retail finance platform

A comparison-at-checkout retail finance provider, has announced a period of rapid acceleration, with a 50% month-on-month surge as major retailers embrace its multi-lender comparison approach. Retailers switch to the multi-lender retail finance Built on extensive POS and BNPL experience, Dopple was born from five years of direct merchant feedback around the pleasures and pain points

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Geopolitics and innovation: The new era of cross-border payments

The global payments landscape is undergoing a seismic transformation as geopolitical tensions and technological advancements converge. The new era of cross-border payments With traditional systems like SWIFT under scrutiny for inefficiencies and geopolitical dependencies, emerging payment infrastructures such as multi-currency central bank digital currency (CBDC) platforms and tokenized ecosystems are reshaping the future of cross-border

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