Remove CBDC Remove International Payments Remove Multi-Currency
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ConnectPay partners with InSoil for EU expansion

The Paypers

The integration will allow InSoil users to access features such as personal IBAN accounts, multi-currency settlements, and digital wallets. They added that centralising financial services under one platform helps manage international payments and complex cash flows more efficiently.

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RAKBANK Completes International CBDC Transaction Using eCNY and Digital Dirham

The Fintech Times

Central bank digital currencies (CBDCs) have a lot of potential to uproot the cross-border payments market. RAKBANK has successfully exchanged a remittance using China’s digital Yuan (eCNY) in exchange for the Digital Dirham, the UAE’s CBDC.

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What Is the Top Priority for Firms Looking To Offer Cross-Border Payments?

The Fintech Times

Stripe research shows that 95 per cent of customers choose to check out in their local currency when given the option, and 85 per cent of customers will abandon cart if their preferred payment method isn’t offered. These are questions that FX and international payments providers must help their clients with.

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The payments regulation roadmap: Q2 2025

The Payments Association

Firms that support currency exchange as part of their payment services to consumers or microenterprises should review their customer disclosures in light of Consumer Duty requirements. The FCA appears to be preparing for supervisory action in this area. With less room for error or delay, preparation must begin well in advance.