UPI Is Set to Add Biometric Authentication for Real-Time Payments
India’s Unified Payments Interface (UPI) is launching a feature that allows users to approve payments using a fingerprint or facial scan. Previously, shoppers were required to enter a PIN to authorize transactions. However, the Reserve Bank of India (RBI) has requested an alternative authentication method to make UPI transactions faster and more secure for users […]
BNY Mellon Explores Tokenized Deposits for Internal Transactions
BNY Mellon is exploring the use of tokenized deposits to enable its institutional clients to make payments over blockchain rails. As the world’s largest custodian by assets, BNY’s treasury services unit processes roughly $2.5 trillion in payments each day and oversees about $55.8 trillion in assets. Tokenized deposits share many characteristics with stablecoins, offering the […]
2026 and Beyond: Charting the AI Roadmap in Payments
There’s hardly a discussion about the future—of business, technology, or society—that doesn’t include artificial intelligence. With so much noise surrounding it, some may be tempted to dismiss AI as just hype. Yet, it has the potential to be the transformational innovation it’s promised to be—provided organizations have the right people, processes, and infrastructure in place. […]