The European Payments Council (EPC) has issued a Request for Proposal (RFP) for developing an API Test Toolbox to support its Verification of Payee (VOP) scheme. This scheme, designed to enhance instant credit transfer security, will take effect on 5 October 2025. Objective of the VOP Scheme: The VOP scheme offers Payment Service ... Read More

Fiserv has announced its acquisition of Payfare, a workforce payments provider catering to gig economy companies. This move further strengthens Fiserv’s embedded finance capabilities by integrating Payfare’s expertise into its portfolio. Expansion of Embedded Finance Services: The acquisition aligns with Fiserv’s broader strategy, ... Read More

Visa has officially completed its acquisition of Featurespace, a renowned developer of real-time AI-driven payment protection technology. This strategic merger bolsters Visa’s capabilities in combating payments fraud and financial crime while enhancing its security solutions for clients and consumers globally. Key Highlights Enhanced ... Read More

Hackers linked to North Korea were responsible for 60% of all cryptocurrency stolen globally in 2024, totaling $1.3 billion out of the $2.2 billion pilfered, according to a Chainalysis report. The figure highlights a sharp increase in the sophistication and frequency of cyberattacks attributed to state-sponsored hacking groups. Rising ... Read More

As instant payments continue gaining momentum globally, concerns over fraud present a critical challenge. However, Reed Luhtanen, executive director of the US Faster Payments Council (USFPC), urges the financial sector to address fraud pragmatically while ensuring these concerns don’t delay progress. The Fraud Debate Fraud in instant ... Read More

The Consumer Financial Protection Bureau (CFPB) has launched a lawsuit against JPMorgan Chase, Bank of America, and Wells Fargo, accusing them of enabling widespread fraud on the P2P payments platform Zelle. Zelle’s Growth and Challenges Zelle, a payment platform owned by Early Warning Services—a consortium of seven major U.S. ... Read More

Blockchain technology simplifies daily life by enhancing transparency, security, and efficiency in areas like healthcare, banking, and entertainment ... Read More

Blockchain is revolutionizing online security with decentralized, tamper-proof systems, enhancing data protection, and empowering users globally to secure digital ... Read More

Learn what blockchain is, how it works, and why it’s transforming industries with its secure, transparent, and decentralized ... Read More

Fintech APIs empower businesses to innovate and stay competitive by enhancing efficiency, improving customer experiences, and driving growth ... Read More

Payments APIs streamline transactions, enhance security, and empower businesses with global reach, transforming payment experiences for both businesses and ... Read More

Explore how Payments APIs are revolutionizing customer experiences by enabling seamless, secure, and innovative payment solutions, driving business growth ... Read More