The Fintech Times

FEBRUARY 26, 2024

As of December 2023, 130 countries, representing 98 per cent of global GDP, were exploring central bank digital currencies (CBDCs) according to the Atlantic Council ‘s CBDC tracker. With so many countries looking towards centralised digital assets, we set out to find out how these would impact the cross-border payments market.

Cross-Border Payments 145

Cross-Border Payments Cross-Border Digital Currency Central Bank 145

Fintech News

NOVEMBER 3, 2024

The Bank for International Settlements ( BIS ) Innovation Hub announced that it has “graduated out” of Project mBridge. Project mBridge is a major cross-border payments initiative designed to leverage wholesale central bank digital currencies (CBDCs).

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Cross-Border Payments Cross-Border Central Bank Settlement 123

Finextra

APRIL 3, 2024

A collection of seven central banks are working with the Bank for International Settlements to explore tokenisation of cross-border payments.

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Cross-Border Payments Cross-Border Central Bank Settlement 113

Fintech News

APRIL 3, 2024

The Bank for International Settlements (BIS) , in concert with seven prominent central banks, has embarked on an exploratory project known as Project Agorá aiming to modernise international monetary transactions. Being a member of the IIF is not a requirement to participate.

Cross-Border Payments 126

Cross-Border Payments Cross-Border Central Bank Federal Reserve 126

Finextra

JUNE 29, 2025

UK’s regulator FCA working with the Bank of England has published proposals for issuing stablecoins, crypto custody and financial resilience of crypto-asset firms, to provide a safe, competitive sector. Market Size Value of cross-border payments is estimated to reach a minimum $ 250 trillion by 2027.

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Cross-Border Payments Cross-Border Stablecoins Payments 52

The Fintech Times

NOVEMBER 18, 2024

Cross-border payments in the MENA region have faced challenges such as high costs, slow processing times and limited transparency. The post Mastercard’s Entry into Buna: What It Means for the Future of MENA Cross-Border Payments appeared first on The Fintech Times.

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Finextra

APRIL 22, 2024

The Bank for International Settlements together with seven central banks is embarking on a major project to explore tokenisation of cross-border payments.

Central Bank 145

Central Bank Cross-Border Payments Cross-Border Settlement 145

Fintech News

MAY 15, 2024

Project Agorá, an initiative by the Bank for International Settlements (BIS) alongside major central banks and the Institute of International Finance (IIF), is moving forward and inviting private sector involvement. The project aims to explore how tokenisation can improve wholesale cross-border payments.

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The Fintech Times

JULY 10, 2025

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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Central Bank Settlement Use Case Stablecoins 64

Fintech News

APRIL 3, 2024

The Central Bank of Brunei Darussalam (BDCB) and the Bank of the Lao PDR (BOL) have formally joined the Regional Payment Connectivity (RPC) initiative. predicts explosive growth in ASEAN’s digital payment market, reaching US$2 trillion by 2030. A report by Google, Temasek, and Bain & Co.

Cross-Border Payments 140

Cross-Border Payments Cross-Border Central Bank Payments 140

The Payments Association

SEPTEMBER 16, 2024

Central bank digital currencies (CBDCs) could transform cross-border payments by reducing costs, improving efficiency, and enhancing transparency. Read more

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Cross-Border Payments Cross-Border Digital Currency Central Bank 88

Fintech News

AUGUST 13, 2024

In a recent webinar hosted by the Fintech News Network, experts from the Bank for International Settlements (BIS), Wise, Airwallex, and LexisNexis Risk Solutions explored the latest trends and developments in cross-border payments, emphasizing the pioneering role of Southeast Asia in this rapidly evolving landscape.

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Cross-Border Payments Cross-Border Payments Instant Payments 127

Fintech Review

NOVEMBER 20, 2024

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.

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Cross-Border Payments Cross-Border Multi-Currency FinTech 115

Fintech News

DECEMBER 10, 2023

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.

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Fintech News

DECEMBER 5, 2024

Thai regulators approved the first cross-border payment solution using stablecoins in October, while the Philippine central bank launched a peso stablecoin pilot earlier this year. Pollak emphasized that stablecoins aim to modernize legacy financial systems rather than replace national currencies.

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Stablecoins Cross-Border Payments Blockchain Cross-Border 135

Fintech News

OCTOBER 23, 2024

The BIS Innovation Hub (BISIH) Singapore Centre has announced the next phase of Project Nexus , aimed at making instant cross-border payments a reality. Project Nexus aims to extend this efficiency to international transactions, allowing cross-border payments to reach recipients in under 60 seconds.

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Central Bank ISO 20022 Cross-Border Payments Cross-Border 128

Finextra

APRIL 17, 2025

The five central bank partners in Project Nexus, a Bank for International Settlements initiative to interlink domestic real-time payment rails across borders, have commenced a procurement execercise to appoint a technical network operator.

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Central Bank Cross-Border Payments Cross-Border Payment Networks 107

Fintech Finance

JUNE 5, 2025

Payall Payment Systems , the world’s first provider of end-to-end infrastructure that enables financial institutions to offer institutional-grade, safe, fast, low-cost, transparent and inclusive cross-border payments for B2X, P2X and G2X use-cases, has selected Ventura Capital to lead their Growth Round raise.

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Fintech News

JULY 3, 2024

The Bank for International Settlements (BIS) and its partners have revealed the comprehensive blueprint for phase three of Project Nexus, which seeks to address longstanding challenges in international money transfers by leveraging the power of domestic instant payment systems (IPS). How Does Project Nexus Work?

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Cross-Border Payments Cross-Border Instant Payments Central Bank 117

PYMNTS

DECEMBER 28, 2020

Digital currencies could render the SWIFT global payments network unnecessary, RT.com reported, citing the Central Bank of Russia (CBR). SWIFT currently expedites cross-border payments for 11,000 banks across more than 200 countries. dollar and could make digital payments more affordable.

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Central Bank SWIFT Digital Currency CBDC 142

Fintech News

DECEMBER 6, 2023

Singapore and China have agreed to collaborate on a pilot programme that uses the e-CNY, China’s central bank digital currency (CBDC), for cross-border transactions. This programme is designed to ease payments for travelers from both countries during their overseas visits.

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Cross-Border Payments Cross-Border CBDC Payments 141

Payments Dive

MAY 17, 2024

The Bank for International Settlements is seeking private sector participation in a smart-contract project designed by seven central banks to improve cross-border payments.

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Cross-Border Payments Cross-Border Central Bank Settlement 78

Fintech Finance

MARCH 6, 2025

The launches, by the Bank of Kigali in Kigali on 26 th February and KCB in Nairobi on 27 th February, made the two banks the first in their respective countries to integrate the transformative system into their operations, underscoring their commitment to championing intra-African trade and supporting the efforts of the AfCFTA.

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Cross-Border Payments Cross-Border Correspondent Bank Correspondent 52

Fintech News

JUNE 4, 2024

The Bank for International Settlements (BIS) has launched Project Rialto to test the potential for improving instant cross-border payments through a combination of a modular foreign exchange (FX) component and wholesale central bank digital currencies (wCBDC).

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Cross-Border Payments Cross-Border CBDC Settlement 102

The Paypers

SEPTEMBER 6, 2022

The Bank of Russia , the country’s central bank, has admitted that cross-border payments in crypto are inevitable in the current geopolitical conditions.

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Cross-Border Payments Cross-Border Central Bank Payments 101

The Payments Association

JUNE 3, 2025

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.

CBDC 88

CBDC Cross-Border Central Bank Cross-Border Payments 88

Fintech News

APRIL 2, 2025

A consortium of central banks has formally established Nexus Global Payments (NGP) in Singapore to manage a new multilateral cross-border payment system. Following the release of a blueprint in July 2024, the founding central banks are providing the initial capital to build and launch the platform.

Global Payments 96

Global Payments Cross-Border Payments Central Bank Cross-Border 96

Clearly Payments

AUGUST 29, 2024

Central Bank Digital Currencies (CBDCs) have received attention in recent years as central banks worldwide explore the potential to evolve the way we conduct financial transactions. With the rise of digital payments, cryptocurrencies, and fintech innovations, CBDCs represent a new frontier in the evolution of money.

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Central Bank Digital Currency CBDC Cross-Border Payments 105

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 plans to further expand and develop its UBS Digital Cash offering. .”

Cross-Border 59

Cross-Border Cross-Border Payments Payment Solutions Blockchain 59

Fintech Finance

MARCH 4, 2025

Cross-border payments company, Currenxie , today announced it has been granted authorisation as an Electronic Money Institution (EMI) by the Central Bank of Ireland. Currenxie, a fintech company founded in 2014, specialises in simplifying global payments for businesses.

Central Bank 52

Central Bank Cross-Border Payments Cross-Border Security 52

Fintech Finance

JANUARY 11, 2024

Faster Payments Council (FPC) , a membership organization devoted to advancing safe, easy-to-use faster payments in the United States, today published its latest research report, titled The Practicalities of Cross-Border Payments in a Faster Payments World.

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Cross-Border Payments Cross-Border Faster Payments ISO 20022 93

Fintech Finance

NOVEMBER 21, 2024

Digital Asset Tokenisation System: Provides a robust production-grade platform for financial institutions, such as banks and investment firms, to tokenise real-world assets and manage them within a regulated environment. Financial innovation is not limited to central banks. by 2024.

Payment Networks 98

Payment Networks Digital Payments Digital Currency Innovation 98

Finextra

JUNE 4, 2024

The Bank for International Settlements (BIS) is launching Project Rialto to explore how instant cross-border payments could be improved using a modular foreign exchange component combined with settlement in wholesale central bank digital currencies (wCBDC).

Central Bank 98

Central Bank Settlement Cross-Border Payments Cross-Border 98

Clearly Payments

OCTOBER 31, 2024

America Biometric Payments 2 Global, especially mobile-first markets Cash Payments 5 Emerging Markets, some developed regions Central Bank Digital Currencies (CBDCs) 1 Asia, Caribbean Credit Cards Overview : Credit cards allow consumers to make purchases on credit, paying later and often with interest.

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Fintech News

APRIL 8, 2025

The announcement was made during the launch of the second phase of the Malaysia-Cambodia cross-border QR payment linkage, held on 8 April 2025 on the sidelines of the 12th ASEAN Finance Ministers and Central Bank Governors Meeting in Kuala Lumpur.

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Cross-Border Cross-Border Payments Central Bank Payments 74

Fintech News

APRIL 24, 2024

Filianingsih Hendarta According to Reuters , Hendarta clarified the status following reports that Ant Group was seeking regulatory guidance to launch its cross-border payment service in the country during a news conference on Wednesday (24 April 2024).

Central Bank 113

Central Bank Cross-Border Cross-Border Payments Consulting 113

PYMNTS

DECEMBER 14, 2020

EMTECH is rolling out its new Modern Central Bank Sandbox, which will help to streamline regulatory reviews and test central bank digital currencies (CBDCs), a press release says. The platform will also help central banks that want to collaborate with innovators on new technology.

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Central Bank Cross-Border Payments Cross-Border CBDC 93