Natwest has rolled out a virtual card payment tool, Approval2Buy, for business expenses, using Mastercard's mobile virtual app card and tokenisation technology.
GSMA and UK Finance have joined forces to provide a collaborative framework for the UK's mobile network operators and banks to develop and launch Scam Signal, a new system to help address Authorised Push Payment (APP) fraud in the UK.
Wise , a global technology company focused on cross-border money transfers, has partnered with Standard Chartered to support augmented international payments for the latter's cross-border payment service
The five central bank partners in Project Nexus, a Bank for International Settlements initiative to interlink domestic real-time payment rails across borders, are to establish a managing entity, the Nexus Scheme Organisation (NSO), which will oversee the project in its live implementation stages, in Singapore.