$ Transfers and Digital Payments

Emerging P2P, B2B, B2P, C2B, A2A, Fintech, crossborder money transfer platforms e.g., Western Union, WorldRemit, domestic money transfer platforms, e.g., Zelle. Also included is content related to Central Bank Digital Currency (CBDC).

THE CONVERGENCE BETWEEN TELECOMMUNICATIONS AND FINANCIAL SERVICES

In this Linkedin post, developments are examined as mobile phones are becoming banks in our hands (or banks are being embedded into our mobile phones). This convergence of telecom and financial services has competitive implications for both.

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EUROPEAN COMMISSION INTRODUCES PSD3/PSR TO ADVANCE OPEN BANKING

In this white paper, TINK (a Visa company) explains how PSD3/PSR is a welcome addition to the development of open banking in Europe. PSR should address standardization issues and past problems with APIs. The requirements should be passed before the summer of 2024 with enforcement happening by the end of 2025.

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