Fintech News

SEPTEMBER 10, 2024

A new report by Deloitte delves into the latest developments in the cross-border payment sector in Asia-Pacific (APAC), identifying four major trends reshaping the landscape and offering significant opportunities for merchants. Public-private collaborations also play a critical role in developing and promoting cross-border payments.

Cross-Border Payments 109

Cross-Border Payments Cross-Border APACS Interoperability 109

Fintech News

NOVEMBER 3, 2024

The Monetary Authority of Singapore (MAS) has announced plans to advance asset tokenisation within the financial services sector. MAS is expanding its Global Layer One (GL1) initiative to support cross-border transactions of tokenised assets.

CBDC 119

CBDC Settlement Digital Currency Cross-Border 119

Fintech News

FEBRUARY 19, 2024

In a recent interview, Rohit Narang, Vice President for the Asia-Pacific region at Visa Cross-Border Solutions, powered by Currencycloud, shared insights into the acquisition of Currencycloud by Visa, shedding light on the evolution of their collaboration and the impact it has had on global money movement.

Cross-Border 117

Cross-Border Cross-Border Payments Multi-Currency Payment APIs and Integration 117

The Fintech Times

NOVEMBER 6, 2024

” Blockchain-enabled cross-border payments StraitsX , a payments infrastructure provider for the digital assets space in Southeast Asia, has officially gone live in partnership with Ant International and Grab. Visa is committed to meeting the evolving demands of consumers and merchants, ensuring seamless and secure payments.”

Product 101

Product Cross-Border FinTech Cross-Border Payments 101

Fintech News

DECEMBER 22, 2024

The year saw nearly universal adoption of cashless payments and milestones in cross-border payment linkage initiatives, notably through Project Nexus. Cross border payments and digital advances in Singapore Singapore has made advancements in digital payments and emerging challenges in cross-border interoperability.

FinTech 113

FinTech Cross-Border Payments Cross-Border Money Laundering 113

Fintech News

MAY 19, 2025

XSGD is a stablecoin regulated by the Monetary Authority of Singapore (MAS) and backed 1:1 by reserves held with DBS Bank and Standard Chartered. Ripple, a contributor to the XRP Ledger, is working with StraitsX to advance enterprise-grade infrastructure for cross-border value transfer.

Stablecoins 88

Stablecoins Cross-Border APACS Interoperability 88

The Fintech Times

FEBRUARY 19, 2025

StraitsXs XUSD and XSGD are fully-backed stablecoins issued in compliance with the Monetary Authority of Singapore s upcoming stablecoin regulatory framework. The partnership leverages Standard Chartereds global banking expertise, cash management, and custody services to build trust and resilience in the digital asset ecosystem.

Stablecoins 75

Stablecoins Cross-Border Cash Management Cross-Border Payments 75

Fintech Finance

MARCH 27, 2025

Accordingly, over 400,000 LANKAQR merchants across Sri Lanka will be able to accept cross-border mobile payments from tourists and business traveller via 14 international e-wallets connected to Alipay+ during the first phase. Alipay+, Ant Internationals cross-border mobile payment and digitalisation solution, now connects over 1.7

Cross-Border 59

Cross-Border Cross-Border Payments SARS Interoperability 59

PYMNTS

SEPTEMBER 11, 2019

According to the new Simplifying Cross-Border Payments Playbook , there are five key criteria that an ideal cross-border payment solution should meet: speed, security, compliance, transparency and ubiquity. How Cross-Border Payments Are Made. So, what’s the problem? What’s Changing?

Cross-Border Payments 76

Cross-Border Payments Cross-Border ISO 20022 Real Time Payments 76

PYMNTS

NOVEMBER 9, 2016

We don’t talk about sending emails cross-border, even though that is what we are all doing when we send emails to our pals in India or Turkey or the U.K. We live in a time where open networks and software platforms have enabled interoperability of communications, media sharing, content and information discovery.

Cross-Border 75

Cross-Border Cross-Border Payments Interoperability Multi-Currency 75

Fintech News

DECEMBER 9, 2024

This proactive approach, driven by the Monetary Authority of Singapore (MAS), seeks to enhance the nation’s financial infrastructure. The Global Layer One Initiative But Singapore’s ambitions extend beyond its borders.

Cryptocurrency 117

Cryptocurrency Cross-Border Consumer Protection Facilitators 117

Fintech News

NOVEMBER 3, 2024

SBI Digital Markets is deepening its involvement in the Monetary Authority of Singapore’s Project Guardian , which explores tokenisation of financial assets. The company is working with financial institutions to create a framework for distributing tokenised securities in primary and secondary markets.

Cross-Border 117

Cross-Border Security Interoperability Blockchain 117

Finextra

JUNE 18, 2025

This second live pilot confirmed the cross-border capabilities of the solution — no local adaptation was required. Interoperability across multiple domestic and international card schemes without cobadging constraints. The pilot demonstrated: No impact on customer experience: payment remained seamless at checkout.

Transactions 52

Transactions ISO 20022 Payment APIs and Integration Cross-Border 52

Fintech News

NOVEMBER 6, 2024

Chia Der Jiun, Managing Director of the Monetary Authority of Singapore (MAS) , addressed the Singapore Fintech Festival 2024 , emphasizing the importance of community, collaboration, and capabilities in shaping the future of fintech. Discussing generative AI, Chia described MAS’ cautious but collaborative approach.

FinTech 109

FinTech Interoperability Cross-Border Payments Stablecoins 109

The Payments Association

JANUARY 13, 2025

The introduction of the Digital Assets Bill and the Financial Conduct Authority (FCA)s ongoing efforts to regulate cryptoassets demonstrates the regulator’s intentions to further define just how digital assets are governed and traded. Finally, PSPs must leverage the opportunities presented by these regulatory changes.

Legal 88

Legal Stablecoins Cross-Border Due Diligence 88

Fintech Finance

AUGUST 1, 2024

The Interledger Foundation , an organization building and advocating for an open, interoperable payment network, today announced its work with the People’s Clearinghouse, a social sector tech platform that services community banks and credit unions in Mexico. and Mexican residents via community banks in rural areas.

Cross-Border Payments 98

Cross-Border Payments Cross-Border Community Banks Credit Union 98

Finextra

JUNE 11, 2025

This laid the foundation for a centralized monetary authority and future oversight of payment systems. Early Electronic Initiatives (late 1980s/early 1990s): Limited electronic fund transfers began to emerge, mainly within banks or for specific corporate clients, but were not widely interoperable.

Financial Inclusion 52

Financial Inclusion Payment APIs and Integration Real Time Gross Settlement (RTGS) Funds Transfer 52

Fintech News

JANUARY 15, 2024

Looking ahead, the Monetary Authority of Singapore (MAS) has introduced the SGQR+, an innovative concept aimed at revamping Singapore’s QR payments infrastructure for the future. Building upon SGQR, SGQR+ represents the next generation of interoperable payments for merchants.,

Interoperability 117

Interoperability Cross-Border Payments Financial Inclusion 117

Fintech News

NOVEMBER 6, 2024

Liquid Group, a digital payment solutions provider, announced the launch of roamQR, a new QR payment switch solution designed to simplify cross-border payments across the Asia Pacific region. The platform adheres to industry security standards and is both PCI DSS and ISO 27001 certified.

PCI DSS 109

PCI DSS Cross-Border Payments Interoperability Push-to-Card 109

Finextra

JUNE 30, 2025

The rails we lay today - whether they’re open, interoperable and secure or fragmented and proprietary - will determine not just how fast value moves tomorrow, but how fairly it’s distributed and who gets to participate in the next wave of financial innovation. It expresses the views and opinions of the author.

Stablecoins 52

Stablecoins Cross-Border Blockchain AI 52

Open Banking Excellence

MAY 2, 2024

We seek to nurture both home-grown innovation and cross-border collaboration. Interoperability and international expansion A key strategic outcome from all our activities in this space is to drive the creation of business models which are scalable outside of Georgia. With a population of just 3.7

Interoperability 147

Interoperability Payment APIs and Integration Central Bank Cross-Border 147

Fintech News

MAY 27, 2024

CBDC for cross-border payments, programmable money, and DeFi Kazakhstan’s Digital Tenge project is pursuing several ambitious goals: intensifying cross-border trade, implementing innovative social and anti-corruption initiatives, and integrating digital assets issued by decentralised finance (DeFi) participants and those issued by the government.

CBDC 131

CBDC Transactions Payment APIs and Integration Cross-Border 131

Fintech News

AUGUST 12, 2024

DBS’ blockchain is compatible with the Ethereum Virtual Machine (EVM) and integrates with its core payments system, enhancing interoperability with various industry payment infrastructures. This launch underscores how established financial institutions can utilise blockchain technology to offer advanced, 24/7 banking services.

Treasury 97

Treasury Blockchain Cross-Border Payments Multi-Currency 97

Fintech News

JULY 16, 2024

StraitsX, a digital asset payments infrastructure provider in Southeast Asia, has received Major Payment Institution (MPI) licenses from the Monetary Authority of Singapore (MAS). The licenses were issued to StraitsX USD Issuance Pte. StraitsX SGD Issuance Pte. and StraitsX Payment Services Pte. Additionally, Xfers Pte.

Stablecoins 113

Stablecoins Security Cross-Border Settlement 113

Fintech News

JANUARY 10, 2024

The top fintech trends in Singapore shaping this growth include instant cross-border transactions, generative AI across financial services, emerging digital currency uses, embedded finance “as-a-Service”, and increased ESG reporting and data convergence.

Cross-Border 117

Cross-Border FinTech Cross-Border Payments Embedded Finance 117

Fintech Finance

AUGUST 14, 2024

Kelvin Li, Head of Platform Tech, Ant International said: “This milestone with DBS is an important step forward in addressing challenges like reducing costs and transaction risks for cross-border payments. This greatly enhances extensibility and interoperability with multiple industry payment infrastructures that DBS is involved in.

Liquidity Management 98

Liquidity Management Treasury Multi-Currency Cross-Border Payments 98

Finextra

JUNE 11, 2025

Consumer Empowerment: With enhanced security, digital wallets are accelerating e-commerce trust—particularly in high-ticket and cross-border segments. Mobile-First Infrastructure: Inclusion, Innovation, and Interoperability The smartphone has become the central node of financial inclusion and fintech innovation.

Consumer 52

Consumer Payment APIs and Integration Payments Microtransactions 52

Finextra

JUNE 30, 2025

They will need to co-exist with existing clearing and settlement processes and infrastructures, and this means interoperability is crucial. By removing the need for correspondent banks and facilitating direct transfers, digital currencies can improve transfer times and enhance the efficiency of cross-border payments.

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Fintech News

MAY 21, 2024

The Monetary Authority of Singapore (MAS) and the People’s Bank of China (PBC) are advancing their cooperation in green and transition finance. This announcement follows the 2nd China-Singapore Green Finance Taskforce (GFTF) meeting held on 20 May 2024.

Central Bank 118

Central Bank Finance Metaverse Cross-Border 118

The Payments Association

MARCH 17, 2025

Amid rising fraud, emerging technologies like embedded finance, AI, and stablecoins, and intensifying global competition, the Financial Conduct Authority (FCA) faces mounting pressure to recalibrate its approach to regulationor risk holding back the very sector it aims to protect. The stakes are high.

Regulations 88

Regulations Risk Stablecoins Payments 88

Fintech News

APRIL 24, 2025

From digital payments to decentralised finance (DeFi), these companies are solving real-world challenges like financial inclusion and cross-border transactions, while setting new global standards for innovation. The fintech unicorns in Asia are moving to reshape the very fabric of how people and businesses interact with money.

FinTech 138

FinTech Online and Mobile Banking Payment APIs and Integration Push-to-Card 138

The Fintech Times

MARCH 3, 2025

In its new manifesto, ‘ Creating the Conditions to Support Growth and Innovation in Payments ‘, The Payments Association describes the 66 policies recommended by the 216 payments professionals working across financial crime, regulation, open banking, ESG, cross-border payments, digital currencies and financial inclusion.

Government 59

Government Governance Financial Inclusion Consumer Protection 59

Fintech News

DECEMBER 20, 2023

Singapore also made strides in payment innovation, focusing on enhancing electronic payments and expanding cross-border capabilities. To strengthen its payment infrastructure, MAS is working on an interoperable SGQR+ scheme designed to enhance QR code payment interoperability.

FinTech 109

FinTech Cross-Border CBDC Web 3.0 109

Fintech News

NOVEMBER 6, 2024

The POC demonstrated the feasibility of an interoperable QR payment system in Singapore. Beyond its domestic applications, SGQR+ strengthens cross-border payments with existing linkages to China, Indonesia, Malaysia, and Thailand.

Interoperability 109

Interoperability Cross-Border Payments Reconciliation Participant 109

Fintech Finance

SEPTEMBER 24, 2024

The government is producing a much needed National Payments Vision and Strategy (NPV&S), that reflects its recognition of the systemic importance of payments to the UK authorities and how its leadership must give rise to a new era for payments.

Cross-Border Payments 95

Cross-Border Payments Financial Inclusion Cross-Border Payments 95

Fintech News

JUNE 19, 2024

Stablecoins can be backed by fiat currencies, commodities, or even other cryptocurrencies, and offer a range of benefits, including faster and cheaper cross-border transactions, increased financial inclusion, and the potential for programmable money. Project Orchid, and the 1st use of purpose bound money, in partnership with Grab.

Stablecoins 113

Stablecoins Cross-Border Cross-Border Payments Blockchain 113

PYMNTS

MAY 20, 2020

Making cross-border payments in the EU therefore requires interconnectivity between the regions’ various real-time payments rails. This is just one of the cross-border payments frictions that led to the TARGET Instant Payment Settlement (TIPS) system. The Past and Future of EU Real-Time Payments.

Real Time Payments 84

Real Time Payments Cross-Border Cross-Border Payments Central Bank 84