The model defines payment diagrams, using a precisely defined syntax. We illustrate the application of these diagrams for domestic and cross-border account transfers, as well as cash, card, e-money ...

The Central Bank of Nigeria (CBN) says the Nigerian instant payment system is among the most developed in the world.

AI is reshaping the travel industry, but companies that want to fully leverage its potential must prioritize their payment ...

The Affordable Care Act promoted payment reforms directly and through the creation of the Center for Medicare and Medicaid Innovation, which it endowed with the authority to introduce Alternative ...

ECB’s Pontes and Appia plan aims to link DLT with TARGET Services and build a unified settlement system using central bank ...

China's cross-border yuan payment system has signed up more financial entities from Africa, Central Asia and the Middle East, as Beijing accelerates efforts to promote the global use of its ...

The numbers tell the story. According to new research from Volante Technologies, a staggering 99% banks in the EMEA region are planning to implement new payment solutions within the next year. That's ...

Africa has marked a significant step towards financial independence following the launch of PAPSSCARD, the continent’s first ...

The Central Bank of Kenya (CBK) governor, Kamau Thugge, said the new operational hours for digital payment systems will take effect on July 1, 2025.

What Is the SWIFT Banking System? The Society for Worldwide Interbank Financial Telecommunications (SWIFT) system powers most international money and security transfers. SWIFT is a vast messaging ...

If you’re setting up an online business that accepts payments, you’ll need to understand the difference between a payment gateway vs. a payment processor.