DeFi may struggle to stay decentralized after new EU law

Many DeFi protocols will have to take a hard look at how they do business to ensure their platforms are truly decentralized and don’t fall afoul of the law. —…

Instant payments offer a potential efficiency boost

Instant Payments operate 24/7 and provide numerous advantages, across flexibility, enhanced security, cost reduction and instantaneity. — Read on www.paymentscardsandmobile.com/instant-payments-offer-a-potential-efficiency-boost/

BaaS market to surge to USD 64.7 billion by 2032 – ThePaypers

A report conducted by Global Market Insights has unveiled that the BaaS market is set to reach a revenue collection of USD 64.7 billion by 2032. — Read on thepaypers.com/online-mobile-banking/baas-market-to-increase-to-usd-647-billion-by-2032--1268060

Open finance vs. Decentralized finance

Open finance broadens access to traditional financial services through technology, while DeFi aims to create entirely new, decentralized financial systems. — Read on cointelegraph.com/learn/open-finance-vs-decentralized-finance

Platformable launches report on Open Banking – ThePaypers

Platformable has launched its new report, showing new data on Open Banking picking up pace around the world and providing clients with more access to their data. — Read on…

Members of the U.S. Financial Sector to Explore Multi-Asset Settlement Using Shared Ledger Technology – SIFMA

Members of the U.S. Financial Sector to Explore Multi-Asset Settlement Using Shared Ledger Technology - SIFMA - Members of the U.S. Financial Sector to Explore Multi-Asset Settlement Using Shared Ledger…

PayNearMe Partners With Trustly to Enhance Open Banking Technology | Business Wire

SBC SUMMIT NORTH AMERICA – PayNearMe, the fintech company bringing progress to payments, today announced a partnership with Trustly, the global leader — Read on www.businesswire.com/news/home/20240507783984/en/PayNearMe-Partners-With-Trustly-to-Enhance-Open-Banking-Technology

Nacha Celebrates 50 Years of Payments Innovation | Business Wire

In 1974 payday usually meant being handed a paper check—which was the same way most bills were paid. But in that year, a significant step was taken to — Read…

Open Banking on the Rise in North America | Ripple

Open banking and crypto are gaining traction in North America. Learn more from Ripple about what's next for banks and fintechs in the US and Canada. — Read on ripple.com/insights/open-banking-on-the-rise-in-north-america/

PSD3: The Next Phase in Europe’s Payment Services Regulation

With the successful rollout of PSD2, the European Union (EU) continues to advance innovation in the ... — Read on www.finextra.com/blogposting/26131/psd3-the-next-phase-in-europes-payment-services-regulation