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What will cross-border payments look like in the future? With SunTec | FF News at Sibos 2023
SunTec Head of SaaS, Madhur Jain joins us for another instalment of our Sibos series with SunTec. This time we’re talking about cross-border payments and we also speak to Ian Povey from NatWest who points out that on the 50th anniversary of Swift’s origination, a lot has changed in this area.
Jain says that payments regulations are not necessarily going to get any less complex but that new technology like blockchain could super-charge the streamlining of cross-border payments. There’s also a need to create a seamless end to end experience not just for the customer but for the banks as well to ensure revenue isn’t lost.
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Instant Payments and the Proliferation of QR-Driven Transactions
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Instant Payments and the Proliferation of QR-Driven Transactions
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Sygnum Completes First Live AI-Agent Driven Digital Asset Transactions by a Regulated Swiss Bank
Sygnum, a global digital asset banking group, today announced it has become the first Swiss regulated bank to use an AI agent to test live digital asset market transactions, with the client retaining custody, consent and control at every step. This is the latest initiative from AI@Sygnum which leads the development, integration and governance of agent-driven workflows across the group globally.
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Ingenico and Arrive Partner to Power Seamless Payments for On‑Street Parking and Urban Transport Worldwide
Ingenico, a global leader in payment acceptance solutions, and Arrive, a leading global mobility platform, today announced a strategic partnership to deliver reliable, seamless payment experiences for on-street parking and transport ticket vending machines across more than 30 countries worldwide.
Zurich Scales Agentic AI to Five Countries in 90 Days Cutting Manual Risk Processing Time by 80%
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JCB and Wonder Advance Cashless Taxi Payments in Hong Kong
JCB International Co., Ltd, the international operations subsidiary of JCB Co., Ltd, Japan’s only international payment brand, and Wonder Ventures Limited, a leading payments and fintech platform in the Asia Pacific, announced that JCB Cards are now accepted on Wonder Taxi in Hong Kong.