PROJECT NEXUS: ENABLING INSTANT CROSSBORDER PAYMENTS (BAI)
A BAI report on a joint project between Singapore, Malaysia and Europe to facilitate instant cross-border payments.
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DATE RANGE
EU DIGITAL IDENTITY WALLET PILOTS PULL IN BIG NAMES BUT QUESTIONS EMERGE (CONSORTIUM IDENTITY MANAGEMENT)
In this article Visa, Idemia and Thales announce EU digital wallet consortium membership.
WHAT IS OPEN BANKING?
In this short video from Nordigen, a provider of apis that power open banking, iPSD2 regulations, that require all banks to provide an API to give users access to their banking so that data. Developers can build third party apps using the bank APIs to create a seamless connection to a customer’s banking data.
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EU WANTS BANKS TO ADOPT DIGITAL WALLETS, BUT IT’S A TOUGH SELL
This article covers the EU’s attempts to encourage the adoption of digital or mobile wallets throughout the European Union, and the inhibitors to their adooption.
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WITH BREXIT DAYS AWAY GOOGLE OFFICIALLY MOVED ONLINE PAYMENT PROCESSING TO IRELAND
Short article describing Google’s movement of online payments processing for European Economic Area’s users (with the exception of the UK) to Ireland.
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LAFFERTY BRIEFING ON ALIPAY OBTAINING AN EMONEY LICENSE IN EUROPE, AND ALIPAY AND TENCENT’S ENTRY INTO BRAZIL
A short eBrief from Lafferty’s Ronan Lynch on AliPay obtaining an eMoney liicense in Europe, and both AliPay and Tencent efforts to enter Brazil.
ALIPAY BRINGS CASHLESS PAYMENTS TO BEIJING PRISONS
This article describes the expansion of digital payments into China’s prison system, as an example of Alipay’s ubiquitous presence.
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WESTERN UNION DIGITAL EXPANDS IN ASIA: MOBILE APP NOW LIVE IN SINGAPORE
In this press release, Western Union announces the launch of the Western Union mobile app in Singapore, connecting customers to families and loved ones around the world, 24/7. Activation of the app in Singapore has given Western Union a digital trifecta in Asia this year, as Singapore now joins Hong Kong and Malaysia in benefiting from Western Union’s digital acceleration of major regional economic centers across the world.
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