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PayPal has announced that its disbursement partners can now use PayPal USD (PYUSD) to settle cross-border money transfers via Xoom, its digital remittance platform. This move aims to reduce the cost and increase the speed of international money transfers by leveraging blockchain technology.
FXC Intelligence, a data platform specializing in the cross-border payment and e-commerce sectors, has released its annual selection of the world’s most promising cross-border payments companies in 2024. One of Singapore’s entries is Partior. Another company from Singapore featured on the list is Tazapay.
Morgan (formerly Onyx) to enhance cross-border payment accuracy in Malaysia, Thailand, and Hong Kong, This makes Nium the first fintech to provide data for validating bank account details in these markets. The integration with Nium Verify is powered by Liink, Kinexys’ blockchain-based platform.
The Payments Pulse is a multipart report covering the most impactful macro trends, innovations and regulatory shifts shaping the future of cross-border payments today. policy changes mean for cross-border payments and your business. How Blockchain Technology Is Streamlining Treasury Management.
FXC Intelligence, a data platform specializing in the cross-border payment and e-commerce sectors, has released its annual Cross-Border Payments 100 list, highlighting the 100 most influential players in global payments. Released on May 08, the 2025 Cross-Border Payments 100 recognizes industry leaders across the sector.
Bitso Business the B2B arm of Bitso that provides the infrastructure for the future of cross-border payments releases its 2024 results. billion registered in 2022, consolidating an accelerated cross-border remittances growth. For these transactions, in 2024 3 Bitso Business registered a volume of more than $6.5
Global asset manager and Swiss bank UBS has developed and successfully piloted a blockchain-based payment solution, aiming to increase efficiency and transparency, as well as enable the programmability of money movements for corporate and institutional clients. The pilot also included the transfer of liquidity between various UBS companies.
XWeave , a startup developing infrastructure for stablecoin-based cross-border payments, has raised US$3 million in seed funding. The company is also in talks with regional fintechs and global merchant platforms to integrate real-time cross-border settlement into their products.
As the global demand for faster, more affordable, and increasingly transparent cross-border payments intensifies, Project Nexus is emerging as a foundational initiative to meet the G20’s ambitious roadmap. What is Project Nexus, and how does it address today’s cross-border payment challenges?
Mesta , a fintech platform reshaping global payment networks with hybrid fiat and stablecoin payment rails, unveiled its cross-border payment platform. It combines real-time fiat payment rails with blockchain-powered stablecoin rails, addressing inefficiencies in global payments and trade.
Morgan’s Kinexys Digital Payments, connecting blockchain-based tools with real-time payment rails. Morgan’s blockchain business unit, facilitates real-time money transfers using commercial bank funds. This partnership combines Mastercard’s expertise in blockchain-based solutions with J.P.
In this exclusive Fintech Review interview, Adam Swartzbaugh, CEO of Almond FinTech , discusses transformative cross-border payment technology. Almond’s blockchain-driven Settlement Optimization Engine (SOE) addresses critical speed, transparency, and cost challenges in cross-border payments. Let’s dive in.
Deutsche Bank has joined the extended Series B funding round for blockchain-based fintech firm Partior , bringing the total raised to US$80 million and marking the close of the round. Morgan, Standard Chartered, and Temasek, Partior uses blockchain technology to enable real-time clearing and settlement.
Instead, the company is focusing on its wallet business and blockchain platform Base to drive blockchain adoption by enabling local developers to create solutions for baht and peso stablecoins. The company currently has no plans to directly enter Southeast Asian jurisdictions.
StraitsX, a digital asset payments infrastructure provider in Southeast Asia, has partnered with Ant International and superapp Grab to launch a new blockchain-based cross-border payment system. The new system uses Purpose Bound Money (PBM), which specifies the conditions for using stablecoins, and the Avalanche blockchain.
Market Size Value of cross-border payments is estimated to reach a minimum $ 250 trillion by 2027. 60% of corporate banks agree that cross-border real-time payments infrastructure brings a revenue opportunity. 42% Global cross-border e-commerce is to reach USD 3.4
Centiglobe , a leading fintech company specializing in cross-border payment infrastructure solutions, today announces a new collaboration with Mastercard Move – Mastercard’s portfolio of global money movement solutions. Unlike traditional cross-border payment models, Centiglobe does not charge per transaction.
We are committed to advance inclusive growth through AI-powered innovation and collaboration on cross-border travel, trade, commerce and inclusive finance. Among Ant International’s notable progresses in 2024 so far: Alipay+: Ant Internationals cross-border mobile payment and digitalisation technology solutions.
In partnership with OKX, Mastercard is launching the OKX Card to give users more convenient access to digital funds and engage more people in blockchain applications. Jorn Lambert When it comes to blockchain and digital assets, the benefits for mainstream use cases are clear.
The bank will collaborate with Ant International’s Embedded Finance unit on a series of global treasury management and cross-border payment innovations, including tokenised deposits, stablecoin, and its Time-Series Transformer (TST) FX Model.
Global Accessibility: Multi-chain compatibility for seamless cross-border payments. Support for DeFi activities, such as cross-DEX arbitrage and intelligent yield farming. Beyond Speculation: Building Real Utility Unlike many blockchain projects focused on token trading, AIsa prioritizes real-world utility.
Visa is upping it game in the stablecoin market, expanding its settlement capabilities in the Europe, Middle East, and Africa (CEMEA) region to enable USD cross-border transactions through blockchain technology.
How PSD3 and PSR will shape trends in EU financial services Cross-border payment regulations and harmonization in the EU ESG in focus. How blockchain technology is shaping cross-border payments. What are the key points for finance sector? Trends in embedded finance and its impact on the customer experience.
With firms spending roughly $120billion (S$154.2billion) on cross-border transaction fees, alternatives are being sought after. According to a new report from the Project Guardian FX industry group, implementing tokenised bank liabilities and shared ledgers in cross-border payments and FX is a viable solution.
Clapper, a rapidly growing social media platform, announces its partnership with TruBit , the leading digital asset payment solutions platform in Latin America , to enable seamless US-LATAM cross-border payments. companies to leverage TruBit’sStablecoin-driven Cross-border Solution for payroll, content creator payouts, and more.
In March 2025, Qatar National Bank (QNB) began leveraging Kinexys Digital Payments (KDP) as its blockchain payment system for USD corporate flows. Through the relationship, QNB can address the complex challenges in the industry for commercial settlements, such as cross-border payments and liquidity funding needs. Kinexys by J.P.
” 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. to broaden its merchant coverage network across Japan. .”
Furthermore, the report takes a forward-looking approach, incorporating forecasts for 2025 and exploring pivotal themes such as artificial intelligence in payments, the evolution of tokenisation and decentralised finance (DeFi), and the adoption of emerging technologies like blockchain, generative AI, and machine learning.
Deutsche Bank and Ant International have entered a strategic partnership aimed at enhancing cross-border payment services for businesses of all sizes in Europe and Asia. The partnership will further examine stablecoin applications for real-time cross-border treasury management, reserve handling, and on- and off-ramp services.
Through the new partnership, OpenPayd will support Ripple’s cross-border payments solution, Ripple Payments, with its global fiat infrastructure, including real-time payment rails, multi-currency accounts and virtual IBANs.
Despite global regulatory challenges and volatility, this segments performance underscores the enduring appeal of blockchain technology and decentralised financial systems. Rising interest rates have increased borrowing costs for startups, while geopolitical instability adds layers of uncertainty to cross-border investments.
Cross-Border Payment Solutions Fintech companies like Payoneer and Flutterwave enable SMEs to handle cross-border payments efficiently. For businesses in emerging markets, cross-border payment solutions open new growth opportunities by facilitating trade with global customers and suppliers.
Following a new partnership between Centiglobe , the cross-border payment infrastructure solutions provider, and Mastercard Move , Mastercard s portfolio of global money movement solutions, customers using Centiglobe’s blockchain-based payments platform will now be able to use Mastercard Move through a single integration.
Alipay+, Ant Internationals cross-border payment platform, connects over 90 million merchants in 66 markets to 1.6 Alipay+, Ant Internationals cross-border payment platform, connects over 90 million merchants in 66 markets to 1.6 2024 has been a transformative year for Ant International and its core businesses.
Ripple, a provider of enterprise blockchain and crypto solutions, has launched its stablecoin, Ripple USD (RLUSD) , on global exchanges today. RLUSD is fully backed by US dollar deposits, government bonds, and cash equivalents, aiming to ensure stability and reliability.
Pioneering Technological Advancements One of the significant outcomes of the PoC was the demonstration of smart contractsself-executing codes embedded within the blockchain. These advancements will expand the utility of the Digital Rupiah within Indonesias financial ecosystem and potentially in cross-border contexts.
Blockchain and crypto solutions company Ripple announced plans to acquire multi-asset prime brokerage company Hidden Road for $1.25 The company, which is best known for cross-border payments using XRP, will now be able to offer trading, custody, and lending, which is the essential “plumbing” that institutional investors rely on.
OCBC Bank and Ant International have announced a strategic partnership aimed at streamlining cross-border fund settlements using tokenised deposits and leveraging advanced encryption and AI. This demonstrates how blockchain can support evolving treasury and liquidity needs.
These businesses often favour jurisdictions with more aligned and predictable legal standards, which could significantly impact PSPSPs’ cross-borderspirations or operations. This will include showcasing capabilities in areas such as enhanced due diligence, blockchain analytics, and robust market surveillance.
OpenPayd is making money movement instant and seamless by connecting local and international fiat rails to all major blockchains, enabling businesses to view, hold, make, and receive payments across any digital currency and any rail globally. This enables greater efficiency and transparency at a lower cost.
Berry Investing, Argentina By leveraging blockchain technology, stablecoins and tokenised real-world assets (RWAs), Berry aims to improve accessibility, inclusivity, and innovation in the retail investing world. Fact Finance, Brazil Fact Finance bridges real-world data to the blockchain.
A key feature on its way to mobile wallets is support for card networks and domestic bank transfer networks alongside international cross-border payment rails. This enhanced connectivity allows users to move funds effortlessly across payment methods and national borders, streamlining transactions for individuals and businesses alike.
India: Blockchain-Based Payout Hubs While the RBI maintains strict control over crypto assets, Indian companies working abroad—especially in IT and freelancing—are using stablecoins like USDT on TRON or Polygon to bypass delays and FX losses. Licensed fintech platforms like Coins.ph This also protects earnings from BDT devaluation.
Perhaps most critically, tokenisation enables interoperability, a prerequisite for any payment system that hopes to scale across borders, devices, and partners. This is what distinguishes tokenisation from being solely a security measure: its enabling of cross-border capital flows, fractional ownership models, and financial inclusion.
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