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The political agreement on the instant payments proposal will improve the availability of instant payment options in euro to consumers and businesses in the EU and in EEA countries.

Under the new law, member states will offer citizens and businesses digital wallets that will be able to link their national digital identities with proof of other personal attributes (e.g., driving licence, diplomas, bank account).

The number of network-tokenised IoT transactions, comprising wearables, connected vehicles and connected home devices, will reach 62.7 billion by 2028, up from 10.5 billion in 2023.

Descriere: A broad coalition of nearly 30 of the largest Fintech companies and five associations sent a letter to the European Commission, the ECB, and the EBA calling for a new approach to tackle IBAN Discrimination

Mastercard has expanded its Payment Resiliency solutions with three new optional enhancements to its Stand-In Authorization service

The financed value has increased more than four times, and the number of financed contracts is more than two times higher

The new digital ID service now lets Australians use their bank to verify their identity to third parties.

Survey of 13,500 consumers shows three-quarters fear falling victim to fraud; nine in 10 believe organizations should do more to protect them.

From account inquiries and account management, moving forward to loan applications, credit score monitoring and financial advice, to fraud prevention.

In a recent Gartner, Inc. poll of more than 1,400 executive leaders, 45% reported that they are in piloting mode with generative AI, and another 10% have put generative AI solutions into production