The launch enables more than one billion users of India’s digital identity system to perform identity verification with digital ID.

Nametag, the identity verification platform known for pioneering Deepfake Defense™ and Adaptive Document Verification™, today expanded its global leadership with the launch of Adaptive e-ID ...

The first non-bank payment service provider has joined the Electronic Clearing System (EKS), the payment system created and maintained by Latvijas Banka. SIA xpate, an electronic money institution ...

and Alipay with its own payment system. This step, led by Christine Lagarde, President of the European Central Bank (ECB), reflects the EU’s desire to protect its financial sovereignty and take ...

But with novel payment systems often come novel challenges in running and operating the payment scheme itself. To meet the demands of rapid funds availability, fraud protection, broad inclusion, and ...

Stanbic Bank Kenya’s parent company, Standard Bank, plans to join the China interbank payment system (CIPS) by the end of 2025, hoping to tap into the growing inflow of trade and investment from ...

This system ensures privacy and eliminates the need for physical Aadhaar cards or photocopies, making identity verification as easy as scanning a UPI payment code. This development is part of India's ...

Twitter ex-CEO and Bitcoin advocate Jack Dorsey recently encouraged Signal Messenger to incorporate Bitcoin P2P payment systems into its platform. On April 9, Dorsey wrote on X, where he suggested ...

2/ Aadhaar verification becomes as simple as making UPI payment. Users can now digitally verify and share their Aadhaar details while ensuring their privacy. Ashwini Vaishnaw, while launching the ...

Aadhaar verification becomes as simple as making UPI payment, Vaishnaw said in a post on X. Once out of beta testing phase and widely implemented across the country, this would mean that ...

Gateway Network Governance Body chief executive Michelle Bower said there are clear indications that the system is not yet viable to be used as the only B2B payment system. "As the RBA pointed out in ...