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Cross-border payments and UPI revolution in India

The Payments Association

UPI is revolutionising cross-border payments, expanding Indias digital payment influence through global integration, regulatory reforms, and strategic partnerships. The introduction of the unified payments interface (UPI) in 2016 marked a transformative shift in India’s digital payments landscape.

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Optimising Cross-Border Payments Globally: Shaping the Economy of Tomorrow

Fintech News

Cross-border payments are the fundamental infrastructure that facilitates the flow of money within an increasingly interconnected global economy, underpinning commerce between individuals, businesses, and governments worldwide. These efforts lay the foundation for broader regional economic integration.

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Deutsche Bank and Ant International Announce Strategic Partnership to Provide Integrated Cross-Border Payment Solutions to Global Merchants

Fintech Finance

The bank will collaborate with Ant International’s Embedded Finance unit on a series of global treasury management and cross-border payment innovations, including tokenised deposits, stablecoin, and its Time-Series Transformer (TST) FX Model.

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RTGS.global and TransferMate Announce Strategic Partnership to Streamline Cross-Border B2B Payments

Fintech Finance

By integrating with RTGS.global’s instant settlement infrastructure, TransferMate will deliver seamless, real-time international payments for RTGS.global’s business customers, reducing reliance on traditional banking intermediaries and eliminating the risk associated with moving money cross-border.

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Announced at Singapore FinTech Festival 2024: New Partnerships, Product Launches and Appointments

The Fintech Times

Visa is committed to meeting the evolving demands of consumers and merchants, ensuring seamless and secure payments.” ” Blockchain-enabled cross-border payments StraitsX , a payments infrastructure provider for the digital assets space in Southeast Asia, has officially gone live in partnership with Ant International and Grab.

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NPCI International Expands UPI-PayNow Linkage to Drive Cross-Border Remittances

Fintech Finance

This update for real-time cross-border payments makes it easier for people, especially migrant workers and students, to send and receive money between the two countries safely and easily. UPI PayNow Linkage is expanding with the addition of 13 more Indian banks, streamlining India-Singapore real-time remittance options.

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Deutsche Bank and Ant International Partner to Expand Payment Services Across Europe and Asia

The Fintech Times

Now, Deutsche Bank will be the first German bank to facilitate Ant International’s blockchain-based real-time treasury management platform to enable real-time fund transfers between Ant International’s intragroup entities. This will enable more efficient and transparent global treasury management for Ant.