Fintech News

FEBRUARY 28, 2025

The significance of cross-border payments has never been greater. Yet, despite the rise of instant domestic payments, cross-border transactions remain slow, costly, and inefficient. Project Nexus seeks to change all of this by enabling real-time, cost-efficient cross-border payments.

Cross-Border Payments 72

Cross-Border Payments Cross-Border ISO 20022 Payment APIs and Integration 72

Finextra

JUNE 11, 2025

Early Electronic Initiatives (late 1980s/early 1990s): Limited electronic fund transfers began to emerge, mainly within banks or for specific corporate clients, but were not widely interoperable. Unified Payments Interface (UPI) (2016): The game-changer. Its simplicity, interoperability, and low cost made it an instant success.

Financial Inclusion 52

Financial Inclusion Real Time Gross Settlement (RTGS) Payment APIs and Integration Funds Transfer 52

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.

FinTech 111

FinTech Cross-Border Payments Cross-Border Payment APIs and Integration 111

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

Fintech Finance

MARCH 27, 2025

During the initial phase, travellers from 10 countries and regions, can simply scan the LANKAQR code at more than 400,000 merchants across the island to make payments, just as they are used to at home.

Cross-Border 59

Cross-Border Cross-Border Payments SARS Interoperability 59

The Fintech Times

JUNE 2, 2025

Al Etihad Payments (AEP), a subsidiary of the Central Bank of the UAE (CBUAE), is enhancing Jaywan , the UAEs domestic card scheme, by signing co-badging agreements with international card schemes, including Discover , Mastercard , UnionPay and Visa.

Agreements 45

Agreements Cross-Border Cross-Border Payments Payments 45

The Payments Association

JANUARY 21, 2025

Payments providers will need to prioritise interoperability and compliance to unlock growth while addressing security and volatility concerns. Nick Charteris CEO, Optimus Cards UK Limited The Payments Report 2024 highlights key trends transforming the payments ecosystem.

Payments Trends 88

Payments Trends Financial Crimes Cross-Border Online and Mobile Banking 88

The Fintech Times

MARCH 18, 2025

Moreover, Pix offers lower fees compared to traditional payment methods, with no risk of chargebacks, helping merchants reduce operating costs. In 2025, PagBrasil received authorisation from the Central Bank of Brazil to operate as a payment institution (PI) in the electronic money issuer category.

Online and Mobile Banking 64

Online and Mobile Banking Central Bank Cross-Border Authentication 64

Finextra

JUNE 30, 2025

Central banks across 66 countries are now in the advanced phases of exploring Central Bank Digital Currencies (CBDCs), with 44 pilots including the digital euro already underway. They will need to co-exist with existing clearing and settlement processes and infrastructures, and this means interoperability is crucial.

Digital Currency 52

Digital Currency Real Time Gross Settlement (RTGS) Distributed Ledger Technology (DLT) Settlement 52

The Paypers

JUNE 17, 2025

The company’s platform supports embedded financial services, including account provisioning, FX, and domestic and cross-border payments. The addition of stablecoin on- and off-ramps is expected to expand the platform’s interoperability between fiat and digital currencies.

Stablecoins 36

Stablecoins Payment Networks Cross-Border Payment APIs and Integration 36

Finovate

MARCH 7, 2025

Asia-Pacific CTBC Bank Philippines turned to Hitachi Asia to upgrade its digital corporate banking platform. Malaysia’s central bank and finance ministry granted licenses to a pair of new digital banks: KAF Digital Berhad and YTL Digital Bank Berhad.

Payments 52

Payments Push-to-Card Online and Mobile Banking P2P 52

The Payments Association

JULY 18, 2025

Across the EU, operational resilience, real-time payments, and the steady rollout of the Markets in Crypto-Assets Regulation (MiCA) are redefining compliance baselines for digital finance. Globally, preparations for central bank digital currencies and evolving open finance frameworks signal longer-term structural change.

Regulations 88

Regulations Payments Payment APIs and Integration Legal 88

The Fintech Times

JULY 15, 2025

Open finance has seen strong adoption, and Pix is arguably the most successful real-time payment system in the world, both in terms of scale and impact. Brazil’s Central Bank registered 4.8 That’s what Agentic Banking Infrastructure makes possible. Brazil is one of the most advanced AI-ready financial ecosystems globally.

Automation 45

Automation AI Payment APIs and Integration Cross-Border 45

The Paypers

JUNE 25, 2025

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.

Cross-Border 36

Cross-Border Payment APIs and Integration Real Time Payments Cross-Border Payments 36

Finovate

JANUARY 24, 2025

Many FIs need to significantly upgrade their payment processing systems to handle real-time transactions, which also need to uphold fraud detection and AML/CTF rules in real time. Offering seamless, instant payments can attract more customers and build trust. What does this policy call for and why is it important? raised $4.5

Regulations 72

Regulations FinTech BNPL Cross-Border 72

Finextra

JULY 7, 2025

Home Announcements Payments Pay10 secures Bank of Bharain licence External This content is provided by an external author without editing by Finextra. Pay10 secures Bank of Bharain licence The Central Bank of Bahrain has officially approved Pay10, which is a big step in its plan to grow in the region.

Security 52

Security Payment APIs and Integration Central Bank Real Time Payments 52

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

JULY 15, 2024

Bank Indonesia (BI) and the Bank of Korea (BoK) have signed a memorandum of understanding (MOU) on cross-border payments. This MOU follows the 2022 bilateral cooperation agreement on central banking and was signed by BI Governor Perry Warjiyo and BoK Governor Rhee Chang Yong.

Cross-Border Payments 122

Cross-Border Payments Cross-Border Central Bank Interoperability 122

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.

Cross-Border Payments 93

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

Fintech News

OCTOBER 16, 2024

UnionPay International (UPI) and the National Payment Corporation of Vietnam (NAPAS) will enhance their collaboration on cross-border QR code payment interoperability. It also strengthens UnionPay’s service capability for both inbound and outbound payments, benefiting users from both countries.

Cross-Border 122

Cross-Border Cross-Border Payments Interoperability ATM 122

The Paypers

JULY 20, 2022

The central banks of Indonesia, Malaysia, the Philippines, Singapore, and Thailand have partnered to develop an interoperable cross-border payments system.

Cross-Border 69

Cross-Border Central Bank Cross-Border Payments Interoperability 69

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?

Cross-Border Payments 43

Cross-Border Payments Cross-Border Interoperability Electronic Funds Transfer (EFT) 43

PYMNTS

AUGUST 1, 2019

In the latest Smarter Payments Tracker , PYMNTS takes a deep dive into the challenge of interoperability in achieving better cross-border payments services and experiences. In the public sector, corporates and government entities are also collaborating in pursuit of interoperability.

Interoperability 61

Interoperability ISO 20022 Cross-Border Correspondent Bank 61

Fintech News

DECEMBER 11, 2023

SC Ventures, the innovation, fintech investment, and ventures arm of Standard Chartered, and Giesecke+Devrient (G+D) successfully completed a proof-of-concept (PoC) on the Universal Digital Payments Network (UDPN). Meanwhile, the the direct model is where central banks manage wallets and settlements within a centralised CBDC system.

CBDC 116

CBDC Distributed Ledger Technology (DLT) Cross-Border Central Bank 116

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.

Central Bank 75

Central Bank Settlement Distributed Ledger Technology (DLT) Interoperability 75

PYMNTS

NOVEMBER 27, 2019

Friction associated with traditional payment networks is plentiful, he told PYMNTS in a recent interview — and while real-time payment networks can address many of the related woes, their adoption will greatly rely on their ability to address corporates’ biggest pain points. Progress in Tackling Cross-Border Payments Friction.

ISO 20022 117

ISO 20022 Cross-Border Payments ISOs Cross-Border 117

The Fintech Times

FEBRUARY 19, 2024

When you think about financial technology, it is easy to think about solutions which are making payments faster, easier and more accessible. Having discussed the myths , hype and usage of buy now pay later (BNPL), we now turn our focus to cross-border payments. Sean Forward CEO of paytech, payable.

Cross-Border Payments 69

Cross-Border Payments Cross-Border Stablecoins Multi-Currency 69

PYMNTS

MAY 20, 2020

The European Central Bank (ECB) is the European Union’s foremost regulatory body. Accomplishing this task poses a unique set of challenges, however, particularly when it comes to real-time payments. Making cross-border payments in the EU therefore requires interconnectivity between the regions’ various real-time payments rails.

Real Time Payments 84

Real Time Payments Cross-Border Cross-Border Payments Central Bank 84

Fintech Finance

JUNE 18, 2024

Instant cross-border payments processed by STET , one of the leading European clearing and settlement systems, (CSM) and ACI Worldwide (NASDAQ: ACIW), a global leader in mission-critical, real-time payments software, have reached a new record high.

Cross-Border 98

Cross-Border Cross-Border Payments Transactions Instant Payments 98

The Fintech Times

JUNE 21, 2024

“Our platform enables banks and PSPs to process instant payments securely and at scale, so they can benefit from instant payment growth opportunities, while also providing the best customer experience.” ACI currently powers 26 domestic and pan-regional real-time schemes across six continents—including 10 central infrastructures.

Cross-Border Payments 59

Cross-Border Payments Cross-Border Process Instant Payments 59

PYMNTS

MAY 22, 2020

Having led on issues like consumer data privacy, the European Union (EU) is trying to pull ahead on real-time payments as well. Sweden’s central bank, Sveriges Riksbank, is the newest financial institution (FI) to connect to TIPS, for example.

Faster Payments 137

Faster Payments Real Time Payments Cross-Border Payments 137

Fintech News

AUGUST 8, 2024

B2B payments service provider Bottomline ‘s on-demand webinar, “Championing Swift Connectivity for Private Banks and Asset Managers in APAC,” explores these critical developments in depth. It is also essential to collaborate on interoperability between traditional finance and tokenised/digital assets.

ISO 20022 128

ISO 20022 APACS SWIFT ISOs 128

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.

FinTech 111

FinTech Cross-Border CBDC Web 3.0 111

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). This is covered in the below section.

Cryptocurrency 105

Cryptocurrency Stablecoins Digital Currency Central Bank 105

The Fintech Times

MAY 12, 2025

As national payment infrastructures become more interoperable and networked on a regional, and soon global, scale, stablecoins may start to lose their perceived ‘indisputable’ advantages in the cross-border sector. Will the rug be pulled from under stablecoins by incumbent instant payment schemes?

Interoperability 45

Interoperability Stablecoins Cross-Border Cross-Border Payments 45

Fintech News

JANUARY 10, 2024

Proliferation of Real-time, Cross-border Transactions Banks’ biggest competition in cross-border payments in the next five years, Source: Future of Cross-Border Payments: Who Will Be Moving $250 Trillion in the Next Five Years?,

Cross-Border 119

Cross-Border FinTech Cross-Border Payments Embedded Finance 119

Fintech News

MARCH 25, 2025

Ant International and LankaPay have officially launched Alipay+ in Sri Lanka through LANKAQR , the countrys national QR code standard introduced by the Central Bank of Sri Lanka. The launch in Sri Lanka builds on Alipay+s growing presence across Asia.

SARS 90

SARS Cross-Border Payments eWallet Central Bank 90