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India in Talks to Forge New Cross-Border Payment Linkages, Says RBI

Fintech News

India is advancing efforts to establish cross-border payment linkages with multiple countries, as reported by Bloomberg, citing an official from the Reserve Bank of India (RBI). India’s initiatives are also closely tied to its exploration of central bank digital currencies (CBDCs).

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CBDCs in practice: What we’ve learned from the early movers

The Payments Association

James Hurren explores what early CBDC deployments across Asia, the Caribbean, and Europe reveal about usage, adoption, and the future of cross-border digital money. Central bank digital currencies (CBDCs) have rapidly evolved from theoretical concepts into live pilots and national deployments.

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MAS to Explore Wholesale CBDC for Settlement Among Series of Tokenisation Plans

Fintech News

Leading banks such as Citi, HSBC, and Standard Chartered have formed the Guardian Wholesale Network to build this ecosystem. MAS is expanding its Global Layer One (GL1) initiative to support cross-border transactions of tokenised assets.

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CBDC in Corporate Payments and Transaction Banking

Finextra

Here’s a at the evolution, real-world potential, and future of CBDC-linked instruments in transaction banking. Large corporates built bespoke treasury systems to manage multi-bank transfers, FX conversion and reconciliation.

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Australia Launches Major Tokenisation Pilot with Central Bank and Industry Players

The Fintech Times

Australia’s central bank and a government-backed research centre have selected 24 industry participants to trial digital settlement systems for tokenised assets, in a project exploring the future of wholesale finance. The pilots span asset classes such as fixed income, private markets, trade receivables and carbon credits.

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Is 2025 Finally the Year for Open Finance in Southeast Asia?

Fintech News

Regional integration is playing a key role, with governments accelerating their efforts to enhance cross-border commerce and digital economy participation. The initiative seeks to establish multilateral linkages of national retail payment systems. Technological advancements are another driver of open finance in Southeast Asia.

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Digital Rupiah Inches Closer with Successful Completion of PoC

Fintech News

Indonesia has reached a significant milestone in its journey toward exploring the potential of Central Bank Digital Currencies (CBDCs) with the completion of the Proof of Concept (PoC) for the wholesale Digital Rupiah under the auspices of Bank Indonesias Project Garuda.