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As part of the joint effort, Visa will deploy capabilities developed by Swift that can help increase the speed and certainty of cross-border money movement.
JPMorgan Chase, Bank of America, Wells Fargo, and others, next year plan to launch Paze: a mobile wallet that will connect directly to the credit and debit card accounts of 150mn customers
Project Sela demonstrates that retail CBDC can support access, cyber security and competition, while retaining cash features
Wise’s global payments network enables over 57% of customers’ cross-border payments to settle instantly (in under 20 seconds), and over 90% to settle in under an hour.
European Payments Council interviewed Eric Ducoulombier – Head of Unit at the European Commission, Directorate-General for Financial Stability, Financial Services and Capital Markets Union (DG FISMA)
Scientists from the University of Vienna have now designed an unconditionally secure system for shopping in digital settings.
Among the 25 companies that OpenAI has named as launch customers, just below a third are in financial services-related fields and four – 16% – are in payments.
Temenos has launched an industry-first secure solution for banks using Generative Artificial Intelligence (AI) to automatically classify customers’ banking transactions.
The Brazilian neobank became the 4th largest financial institution in the country, in just 10 years.
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