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Blockchain Interoperability Settlement 
Fintech News
NOVEMBER 5, 2024
Standard Chartered and Ant International have successfully completed their first Singapore dollar (SGD) transaction using the latter’s blockchain-based Whale platform. This achievement builds on a recent successful test settlement of a Hong Kong dollar (HKD)-denominated transaction between the two companies.
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The Fintech Times
NOVEMBER 8, 2024
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. UBS Digital Cash looks to facilitate timely payment processing to combat this.
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Finextra
OCTOBER 22, 2024
At Sibos 2024, Sergey Nazarov, Co-Founder of Chainlink, highlighted the growing adoption of blockchain technology by asset managers, driven by efficiency gains in settlement, payments, and collateral management.
Fintech Finance
MAY 2, 2025
Rain announced it has joined Visa’s pilot program for stablecoin settlement. Rain has fully tokenized its credit card receivables and has transitioned all settlement transactions for its Visa cards to USDC, to now be able to settle with Visa 7 days a week, 365 days a year. ” This is just the beginning.
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Fintech News
MAY 5, 2025
The company is also in talks with regional fintechs and global merchant platforms to integrate real-time cross-border settlement into their products. Designed for interoperability, the platform supports a range of use casesfrom remittances and merchant payouts to treasury and wallet operations.
Fintech News
NOVEMBER 12, 2024
However, challenges remain, particularly regarding interoperability. To address this, stakeholders including NETS Group and Liquid Group are working on interoperable QR payment solutions that are designed to simplify processes for merchants, Chia said.
106 
Fintech News
SEPTEMBER 11, 2024
Its blockchain interoperability experiments have demonstrated that Swift’s infrastructure can support the transfer of tokenized value across both public and private blockchains. This advancement could allow real-time exchanges of tokenised assets and payments on the Swift platform.
145 
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.”
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The Fintech Times
APRIL 17, 2024
The UK’s Regulated Liability Network has chosen R3 , a company specialising in enterprise distributed ledger technology and services, as well as Quant , a blockchain provider for finance, to develop the technology prototype for its experimental stage.
Fintech News
AUGUST 12, 2024
DBS has initiated the pilot of the “DBS Treasury Tokens”, a blockchain-based solution designed for next-generation treasury and liquidity management, in collaboration with Ant International. This launch underscores how established financial institutions can utilise blockchain technology to offer advanced, 24/7 banking services.
96 
Fintech News
DECEMBER 22, 2024
Emerging technologies such as artificial intelligence (AI) and blockchain are being adopted at a fast pace, with generative AI becoming a critical tool for financial institutions. Finally, the fintech startup ecosystem continued to diversify, a trend which is evident in the rapid growth of Web 3.0,
109 
Fintech News
NOVEMBER 5, 2024
Nium, a global payments infrastructure provider, announced a partnership with Partior , a blockchain-based clearing and settlement network, at the Singapore Fintech Festival 2024. Partior’s platform addresses key inefficiencies in global payments by cutting settlement times, lowering costs, and improving transparency.
Fintech Finance
AUGUST 14, 2024
Ant International will be able to use the digital form factor to achieve instant, multi-currency treasury and liquidity management on DBS’ permissioned blockchain for their entities across multiple markets. DBS Treasury Tokens enables Ant International to reduce the settlement of intra-group transactions from potentially days to seconds.
The Fintech Times
MAY 18, 2024
Eurosystem , the monetary authority of the eurozone, has been exploring the possible use cases of distributed ledger technology (DLT) to conduct wholesale settlement in central bank money. Initially, 16 private companies will conduct trials involving actual settlement in central bank money.
75 
Fintech News
MAY 21, 2024
The report, based on a survey of over 50 financial institutions across Asia, reveals that the digital assets space is poised for significant growth as institutional investors seek to diversify their portfolios and capitalise on the benefits of blockchain technology. of respondents predicting their growth in the coming years.
139 
PYMNTS
APRIL 29, 2019
An interoperable cross-border solution could remove these frictions and provide smooth transfers between two real-time payment systems, while a single, globally accessible faster payments service could offer swift end-to-end transfers. Smooth communications between players must be supported if payment schemes are to be interoperable.
The Payments Association
FEBRUARY 17, 2025
From mobile wallets to blockchain, artificial intelligence, and real-time payment infrastructures, technology is redefining financial accessibility, empowering individuals, and unlocking new economic opportunities. Traditional remittance services charge high fees, sometimes up to 10% per transaction , as observed in a study by the World Bank.
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The Fintech Times
APRIL 23, 2025
Using stablecoins to settle complicated crypto payments, Paydify , the universal gateway for crypto payments, has launched a new service which will enable businesses to accept crypto payments from any wallet or blockchain network. Merchants face technical complexity, conversion risk, and settlement delays.
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Fintech News
JULY 14, 2024
Partior, a fintech known for its global unified ledger based interbank rails for real-time clearing and settlement, has announced the first close of an over US$60 million Series B funding round led by Peak XV Partners, with participation from Valor Capital Group and Jump Trading Group as new investors. Existing shareholders J.P.
106 PYMNTS
OCTOBER 12, 2016
Blockchain startup contests. With €15,000 in prize money ready to be handed out, BlockchainHub Graz and industry partners have announced a Blockchain Startup Contest. With the expansion of blockchain, this is likely not a one-off competition. The Blockchain Startup Contest is the very thing that the industry needs.
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The Payments Association
JANUARY 21, 2025
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.
Fintech News
JULY 16, 2024
Launched on Ethereum in February 2024, XUSD is available as an ERC-20 token with plans to expand to other blockchain networks and DeFi protocols. Tianwei Liu Tianwei Liu, CEO and Co-founder of StraitsX said, “The launch of XUSD and our recent MPI licences represent major steps forward in simplifying and securing payment settlements.
110 
Fintech News
MAY 11, 2025
The company was an early adopter of distributed ledger technology (DLT), teaming up in 2017 with Ripple Labs and pioneering blockchain-based remittances from Japan to Thailand and Vietnam. XTransfer has built a global multi-currency settlement network backed by intelligent, automated risk management infrastructure.
PYMNTS
AUGUST 3, 2020
’ ongoing development of a faster payments ecosystem has created space for digital assets and blockchain to play an increasingly important role in the landscape. Real-time settlement negates the need for batch settlement, which has been the norm in corporate treasury departments and within financial institutions (FIs) for decades.
The Payments Association
MAY 7, 2025
How financial asset tokenisation works Real-world asset (RWA) tokenisation is converting ownership rights into digital tokens on a blockchain. Investment-grade bonds The $140 trillion global bond market has long been constrained by high issuance costs, slow settlement times, and an overreliance on intermediaries.
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Fintech News
DECEMBER 9, 2024
Crucially, this initiative is critical for establishing a robust and interoperable ecosystem, where tokenised assets can be traded securely and efficiently across different jurisdictions. The GFF aims to simplify the process of incorporating new tokenised funds and help achieve efficiencies in fund settlement.
113 
Fintech News
DECEMBER 11, 2023
The first being the indirect model, where commercial banks manage CBDC wallets and settlements directly on the UDPN, while the central bank handles wholesale settlement between commercial banks and keeps all transaction records. The PoC explored two models. Globally, over 130 countries are exploring, developing, or have launched CBDCs.
110 
PYMNTS
OCTOBER 25, 2019
Enterprise software firm SAP is teaming up with professional services firm Accenture and blockchain company R3 to develop a distributed ledger technology (DLT) solution that aims to accelerate the settlement of payments between banks and customers. A press release issued on Thursday (Oct. A press release issued on Thursday (Oct.
PYMNTS
AUGUST 1, 2019
Such experiences require payments interoperability, which can be a significant challenge due to changing technologies and regulations. Many initiatives are currently underway around the globe to push such efforts along, meaning interoperability may not be as far off as once thought. What is payments interoperability?
CB Insights
MARCH 21, 2018
Live briefing: BLOCKCHAIN TRENDS IN 2018. Join us for a deep dive into blockchain in 2018. Each step in this collaborative process represents a potential point of failure in the overall system, where information can be lost, policies misinterpreted, and settlement times lengthened. First Name.
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Clearly Payments
JANUARY 4, 2024
Unlike traditional currencies issued by governments and central banks, cryptocurrencies are typically based on blockchain technology, a distributed ledger that records all transactions across a network of computers. Popular cryptocurrencies include Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP).
105 
Fintech News
JUNE 19, 2024
Be it central bank digital currencies (CBDCs), a tokenised digital Singapore Dollar, or various initiatives backed by governmental regulators, stablecoins are one of the more pivotal developments in the world of cryptocurrencies and blockchain technology. It has already arrived.”
110 PYMNTS
MARCH 15, 2019
Among the new members is blockchain company R3, according to Bitcoin Exchange Guide reports on Thursday (March 14), which will be represented in the Council by the firm’s Head of Trade and Supply Chain Alisa DiCaprio. “The ready availability of trade finance is a crucial ingredient to the success of U.S.
76 
PYMNTS
SEPTEMBER 26, 2017
Blockchain remains a hot topic among FinTech innovators, and now, more corporates are paying attention. 25), Windsor Holden, head of forecasting and consultancy at Juniper Research, said the survey showed a “dramatic” increase in the awareness of blockchain technology among corporates.
50 
PYMNTS
AUGUST 21, 2020
As many as 80 percent of the 66 central banks polled by the Bank of International Settlements said they were at some stage of CBDC development. Interoperability Is Key. To get there, interoperability is key, said Cunha. Central bank digital currencies (or CBDCs) have been gathering steam, at least as a concept.
107 PYMNTS
JANUARY 26, 2017
Cross-border payments, trade finance, smart contracts — blockchain has the potential to disrupt B2B processes, but FinTech players are only beginning to take these concepts onto a real-world stage. For one firm, Finlync , the key to unlocking the potential of blockchain in B2B processes is unlocking the underlying data of that activity.
57 
PYMNTS
NOVEMBER 23, 2020
Blockchain and a bank charter might do much to boost financial inclusion. While many digital-first companies springboard from payments into lending, Figure Technologies , a FinTech focused on home improvement, debt consolidation and retirement products that leverage blockchain protocols, is branching out from lending into payments.
PYMNTS
NOVEMBER 9, 2016
We live in a time where open networks and software platforms have enabled interoperability of communications, media sharing, content and information discovery. This can be across the table in their own currency or through the blockchain to send value globally, Allaire added. Changing The Movement Of Money. Circle’s Secret Sauce.
75 
Fintech News
DECEMBER 20, 2023
Developments include cross-border quick response (QR) payment linkages, connectivity between real-time national payment schemes, and the ongoing Singapore Response Code Scheme (SGQR+) project focusing on furthering QR code payment interoperability. 136), regtech (119) and investments and wealthtech (82).
106 
PYMNTS
NOVEMBER 26, 2019
Last month , SAP announced it was teaming up with professional services firm Accenture and blockchain company R3 to develop a distributed ledger technology (DLT) solution that aims to accelerate the settlement of payments between banks and customers.
PYMNTS
JANUARY 30, 2019
The gateway will enable the continuous monitoring and control of payment flows and the subsequent movement of goods by those trade platforms, while, to ensure global integration and interoperability, it will support application programming interfaces (APIs), as well as SWIFT and ISO standards.”.
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Finovate
NOVEMBER 7, 2024
Nium has partnered with Partior, a blockchain-based fintech for clearing and settlement. The move makes Nium the first payment service provider to join Partior’s blockchain-based network, enabling real-time cross-border payments, clearing, and settlement across 100+ markets.
PYMNTS
JULY 2, 2018
Financial Reporting Council’s Financial Reporting Lab has released a new report on the potential applications of blockchain in the corporate accounting space. But the group also acknowledges that blockchain technology is not yet sufficiently developed to actualize its effect in the corporate finance space.
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PYMNTS
AUGUST 29, 2018
Banks seem smitten by blockchain. PwC writes in its “Global Blockchain Survey 2018” that responses from 600 executives across 15 territories are embracing distributed ledger technology (DLT) with enthusiasm. Everyone is talking about blockchain and no one wants to be left behind.”. Seems everyone is getting into the act.
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