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News and resources on payments systems, innovations and initiatives worldwide.

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Expert opinions

Gustav Korobov

Gustav Korobov Senior Sales Executive - Core Banking platform at Advapay

Core banking software: what modules move the needle (and what's better left to third-party vendors)?

What's core banking software? On the surface, it's a straightforward question with a straightforward, uncontroversial answer. Core banking software is the technology platform on which you run your fintech company's essential operations. Your fintech's engine room, so to speak. But when you dig deeper, there's a lot more nuance than you might have ...

/payments /startups Fintech

Gary Munro

Gary Munro Vice President Payments Consulting at Consult Hyperion, Consulting by Fime

Contactless is evolving. Here's why C-8 matters more than you think.

We all love the convenience of ’Tap to Pay’. It’s fast, intuitive, and is widely accepted as part of everyday life. But behind that simple tap is a surprisingly complex ecosystem that’s starting to show its age. One of the key challenges with the infrastructure supporting contactless payments, is that it’s far more fragmented than it should be. Tod...

/payments

Krik Gunning

Krik Gunning Co-founder & CEO at Fourthline

Unmasking the new face of financial crime

The greatest threat to our online security, be it digital fraud, human trafficking or otherwise, is the failure of human defence systems. Does technology make our lives easier? Absolutely, yes. But will it alter the mindset of an employee that may be misguided to trust a deepfake of their boss or click a spam link (imitating a legitimate hyperlink...

/payments /crime Artificial Intelligence and Financial Services

Chris Holmes

Chris Holmes Managing Director at PayTech Consulting

How confident are you in your data? Is your data quietly sabotaging your business?

In the Big Data era, data has become digitised and we now have access to larger data sets. As technology has advanced, we have moved from an age that focused solely on data volume, velocity and variety to one that is now focused on empowerment; the fusion of big data with AI and machine learning has democratised data access and spearheaded the gro...

/payments /retail

Yamen Bousrih

Yamen Bousrih Manager Business Expert at Vermeg

The Eurosystem Collateral Management System : From Vision 2020 to Reality !

On June 16th, 2025, the Eurosystem Collateral Management System (ECMS) officially went live. A major milestone for the European financial infrastructure and a personal achievement for me as well. Having been involved in this transformative project from its early stages from the Vendor side I’d like to take a moment to reflect on this journey and ...

/payments /markets Banking

/payments

Research

Future of Report

The Future of Cross Border Payments 2026: Strategies for Success

A special edition for Sibos Europe 2025 The pace of the financial industry is unrivalled. The cross-border payments landscape is rapidly evolving and maturing as emerging technologies develop, new regulations come into play, fraud dominates, and global consumers demand instant payments.  How is the industry responding to these changes, and what strategies are banking experts and leaders deploying to combat the onslaught of challenges as the future draws nearer? Sibos 2025 in Frankfurt will be a forum for conversation on the next steps for the financial sector, and how to conquer the next frontier of global finance.  This Finextra report analyses key innovations, explorations, and sentiments on the cross-border payments landscape, featuring key insights from Absa CIB, BNY, Crown Agents Bank, Commerzbank, the Financial Conduct Authority, FV Bank, HSBC, ING, Januar, JP Morgan, National Australian Bank, RBI, Santander, Société Générale, Standard Bank, Standard Chartered, State Street, and ZA Bank. It discusses:  Agentic AI and GenAI revolutionising cross-border payments;  The implications of a post-ISO 20022 migration world;  How banks are future-proofing their cross-border payments frameworks;  Financial crime and fraud prevention in payments;  The digital transition to cloud native infrastructure;  Challenges and opportunities in instant payments;  How rapidly emerging technologies will define the future of cross-border payments. 

194 downloads

Event Report

The Outsourcing Imperative: The strategic importance of partnerships for cloud-based payments

The financial services industry is at a pivotal moment where cloud technology and strategic outsourcing offer pathways to enhanced operational efficiency and competitiveness. Explore the Outsourcing Imperative.  In today’s rapidly evolving financial landscape, managing complex financial systems has become increasingly challenging for banking providers. The demands of mature cloud technology, evolving payment rails, and channels such as real-time cross-border payments and stablecoins require innovative solutions. Additionally, regulatory differences by country and region add another layer of complexity, especially for banks operating across multiple borders.  With the buzz around generative AI and other emerging tools, financial institutions must consider outsourcing certain functions to maintain competitiveness and efficiency. Enhancing user experience and regulatory compliance are paramount, as customers now expect a variety of payment options, from digital wallets to AI-driven payment agents. Outsourcing becomes key in today’s payments landscape, and financial institutions are increasingly turning to Payments as a Service (PaaS) to navigate the complexities of modern banking operations.  This report highlights the key takeaways of a Finextra webinar, hosted in association with FIS, by a panel of industry experts. Discover:   Drivers for adopting cloud-based payments;  Why banks and cloud are still an unfinished story;  Why outsourcing is necessary in today's payments landscape; and  How banks can change the status quo through partnerships. 

144 downloads

Event Report

Modern payments excellence: Exploring diversification of channels, orchestration, and regulation

In today’s rapidly evolving financial landscape, integrating new payment channels has become essential for institutions aiming to stay competitive. Whether it's card-based, account-to-account, instant, or mobile—technological advancements and changing consumer preferences drive the need for diversified payment methods, requiring a strategic approach by banks often still too burdened by legacy to ensure seamless customer experiences and robust compliance. Financial institutions must not only navigate architectural complexities, but balance this with regulatory demands, and the integration of new technologies, all while maintaining the agility to adapt to future innovations.  Managing these challenges effectively is crucial for serving clients and customers in the best way possible, providing them with a wide range of choices and ensuring the availability of services in a time where outages still too often make the news. Leveraging modern technologies like tokenisation and APIs, financial institutions can create dynamic systems that cater to diverse consumer needs, enabling seamless management of multiple products and accounts. This openness is key to fostering resilience and driving change within the industry.  This report highlights the key takeaways of a Finextra webinar, hosted in association with Diebold Nixdorf, by a panel of industry experts. Discover:  How banks can keep pace in a digital, instant world;  Ensuring payments resilience and the impact of regulation;  Key modern infrastructure requirements; and  The benefits of microservices architecture. 

232 downloads

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FinextraTV

The Biggest Trends Driving Innovation in Payments Modernisation

Joining the FinextraTV studio at EBAday 2025 in Paris, Conor Colleary, Senior Vice President, Oracle Financial Services discusses ISO20022 developments. Describing the variations in preparedness - from fully prepared to more technically compliant - Colleary explains how the new messaging standards will enable massive data opportunities. Bringing Instant Payments into the conversation, Colleary also helps to contextualise how the payment sector is broadening out and enabling future innovations, such as QR codes, tokenisation in the back office and verification evolutions

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Long reads

Sehrish Alikhan

Sehrish Alikhan Reporter at Finextra

Top payments stories you missed in August 2025

Summer is almost over – catch up on Finextra’s top payments stories from August, here. UAE closes in on launch of Digital Dirham The Central Bank of the United Arab Emirates (CBUAE) will soon launch the retail and wholesale central bank digital currency (CBDC), the Digital Dirham, to licensed financial institutions. Having been in the pipeline for ...

Madhvi Sonia

Madhvi Sonia Head of Content at Finextra

Why are orchestration tools essential within today’s payments arena?

Be it small e-commerce firms, sprawling corporations, or financial institutions within open finance contexts, organisations of all stripes must at some point face the challenge of uniting innumerable payment service providers (PSPs) within a secure and seamless payments ecosystem. The most effective way to do this is by deploying orchestration too...

Madhvi Sonia

Madhvi Sonia Head of Content at Finextra

What SoftBank’s PayPay IPO float means for embedded finance in Japan

Last week Reuters reported that SoftBank has picked investment banks Goldman Sachs, JP Morgan Chase, Mizuho and Morgan Stanley to support a potential US IPO for its Japanese payments app operator, PayPay. In what could be as early as Q4’25, PayPay could raise over $2 billion from investors, but timing and the amount are subject to market conditio...