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ConnectPay partners with InSoil for EU expansion

The Paypers

They added that centralising financial services under one platform helps manage international payments and complex cash flows more efficiently.

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PAY360 2025 unpacked: Key survey findings shaping the future of payments

The Payments Association

These figures suggest that while open finance initiatives and embedded financial services remain on the radar, they are less immediate priorities compared to the transformational potential of AI and international payment innovation. Digital currencies have gained modest ground, increasing from 10% in 2024 to 12% in 2025.

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How Swift is moving the global financial industry towards instant and frictionless payments

The Payments Association

The recently published National Payments Vision sets a forward-looking strategy, outlining priorities such as enhancing the regulatory framework, advancing Open Banking, combating fraud, and building a world-leading payments infrastructure with cross-border interoperability.

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TerraPay and Paramount partner for real-time payouts

The Paypers

Better real-time payouts in Canada By collaborating with the Canadian pay-by-bank provider, TerraPay’s network of money transfer operations can facilitate improved real-time payments to recipients in Canada.

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RAKBANK Completes International CBDC Transaction Using eCNY and Digital Dirham

The Fintech Times

RAKBANK has successfully exchanged a remittance using China’s digital Yuan (eCNY) in exchange for the Digital Dirham, the UAE’s CBDC. The cross-border payment was completed using the Central Bank of the UAE’s (CBUAE) mBridge platform and marks a significant step forward in the international payments market.

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Central Bank Of Russia: Electronic Money Could Render SWIFT Obsolete

PYMNTS

According to the Bank for International Settlements (BIS), as of July, some 36 central banks published studies on the concept of a central bank digital currency (CBDC) also known as a digital fiat currency, the report stated. “In Further, the European Union is working on the digital euro, and Sweden is testing its CBDC.

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RBI Discusses CBDCs for Cross-Border Payments with HKMA, US Fed, and SWIFT

Fintech News

The Reserve Bank of India (RBI) has initiated discussions with the Hong Kong Monetary Authority (HKMA) , the US Federal Reserve, and the international payment platform SWIFT to explore the use of central bank digital currencies (CBDCs) for cross-border payments.