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Nexus Empowers APAC Financial Institutions to Achieve G20 Cross-Border Payment Targets

Fintech News

As the global demand for faster, more affordable, and increasingly transparent cross-border payments intensifies, Project Nexus is emerging as a foundational initiative to meet the G20’s ambitious roadmap. What is Project Nexus, and how does it address today’s cross-border payment challenges?

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Tietoevry Banking integrates Visa Direct to its Payment Hub

Fintech Finance

Tietoevry Banking today announced the integration of Visa B2B Connect, a Visa Direct offering, into its Tietoevry Payment Hub. For decades, cross-border payments between businesses have been fraught with obstacles and many of these problems have been getting worse.

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Thunes Launches New Global Business Payments Service

Fintech News

Global payments company Thunes has introduced ‘Thunes Business Payments’ , a new service aimed at helping enterprises, merchants, banks, and mobile wallet providers streamline international business transactions. The launch is targeted at members of Thunes’ Direct Global Network.

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Unlocking the Future of Global Payments: A Deep Dive into China’s CIPS

Finextra

China’s Cross-border Interbank Payment System (CIPS) is rapidly emerging as a central artery in the internationalization of the Renminbi (RMB), offering a robust infrastructure for cross-border settlements and reshaping how global institutions engage with China’s markets. What Is CIPS and Why Does It Matter?

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LHV becomes first UK bank to join RT1 platform directly

Finextra

Home Announcements Payments LHV becomes first UK bank to join RT1 platform directly External This content is provided by an external author without editing by Finextra. This milestone enhances LHV’s cross-border payment offering and makes real-time euro payments possible through SEPA Instant.

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Key considerations for the adoption of digital currencies

Finextra

This can concern payments, conditional payments (a DLT based version of a letter of credit) and the post-trade settlement of securities and derivates (including margin calls). A typical use case is the clearing and settlement of international payments. Trade finance is another area. Trade finance is another area.

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How APIs And Improved Onboarding Can Accelerate Cross-Border SMB Payments

PYMNTS

Cross-border payments, once the exclusive domain of large businesses that had the resources to expand their operations overseas and afford the often-exorbitant costs of payment processing fees and international shipping, are growing ever more popular among small- to medium-sized businesses ( SMBs ).