Fintech News

MAY 5, 2025

XWeave , a startup developing infrastructure for stablecoin-based cross-border payments, has raised US$3 million in seed funding. The funding will be used to expand XWeaves network across non-G10 payment corridors in Asia and the Middle East, including the UAE, Indonesia, Japan, and Hong Kong.

Cross-Border Payments 102

Cross-Border Payments Cross-Border Stablecoins Cross-Border Settlement 102

Fintech News

JUNE 16, 2025

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?

Cross-Border Payments 82

Cross-Border Payments Cross-Border APACS ISO 20022 82

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 Digital Cash looks to facilitate timely payment processing to combat this.

Cross-Border 59

Cross-Border Blockchain Payment Solutions Cross-Border Payments 59

The Payments Association

JUNE 3, 2025

Early deployments across Asia, the Caribbean, and Europe reveal how people are using CBDCs, how merchants are responding, and what this means for cross-border payments in an increasingly interconnected world. Beyond technical proof points, these initiatives underscore the need for global interoperability.

CBDC 88

CBDC Cross-Border Central Bank Cross-Border Payments 88

The Fintech Times

JUNE 22, 2025

Challenges such as high transaction costs and opaque exchange rates have been prevalent in Africa over the last few years, meaning that establishing strong cross-border payment avenues has been tough. By participating in this arrangement, these partners benefit from the safeguards and efficiency of PAPSS’s framework.

Cross-Border Payments 49

Cross-Border Payments Cross-Border Finance Settlement 49

The Fintech Times

NOVEMBER 6, 2024

. “For Visa, this is an opportunity to deliver innovations that enhance payment experiences across Asia Pacific with greater flexibility, security, and convenience. Visa is committed to meeting the evolving demands of consumers and merchants, ensuring seamless and secure payments.”

Product 101

Product Cross-Border FinTech Cross-Border Payments 101

Finextra

JULY 8, 2025

Joining FinextraTV at the EBAday 2025 in Paris, Sean Devaney, Vice President of Strategy for Banking and Financial Markets, CGI added to the ongoing conversations surrounding cross-border payments.

Interoperability 52

Interoperability Cross-Border Payments Cross-Border SWIFT 52

Trade Credit & Liquidity Management

JUNE 24, 2025

This integration connects local payment rails (such as Brazil’s PIX) directly to global USDC liquidity, facilitating faster, cheaper, and more transparent cross-border payments without the need for banks to build new infrastructure from scratch 1 2 4 6.

Stablecoins 52

Stablecoins Multi-Currency Interoperability Cross-Border Payments 52

Finextra

JUNE 11, 2025

Manual Clearing Houses: Cheques remained the dominant non-cash payment instrument. Clearing houses, often managed by the RBI or lead banks, facilitated the physical exchange and settlement of cheques. This was a step towards automated recurring payments. Unified Payments Interface (UPI) (2016): The game-changer.

Financial Inclusion 52

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

Fintech News

DECEMBER 22, 2024

The year saw nearly universal adoption of cashless payments and milestones in cross-border payment linkage initiatives, notably through Project Nexus. Cross border payments and digital advances in Singapore Singapore has made advancements in digital payments and emerging challenges in cross-border interoperability.

FinTech 115

FinTech Cross-Border Payments Cross-Border Money Laundering 115

The Fintech Times

JULY 17, 2025

But the real story is in the infrastructure behind it: licensing, interoperability and a deep commitment to making cross-border payments work for everyone – not just the biggest players. TerraPay now connects over 155 countries and 3.7 billion digital wallets, working with major partners like Swift and M-Pesa.

Cross-Border 45

Cross-Border Cross-Border Payments Interoperability SWIFT 45

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

Finovate

MAY 22, 2025

Circle has launched the Circle Payments Network (CPN) to modernize the $190 trillion cross-border payments market with blockchain-based, near-instant settlement. CPN enables financial institutions to securely exchange payment instructions and settle transactions using USDC on public blockchains.

Payment Networks 52

Payment Networks Cross-Border Payments Cross-Border Stablecoins 52

The Payments Association

FEBRUARY 17, 2025

Real-time cross-border payments: Redefining global remittances For migrant workers and cross-border businesses, sending and receiving money across borders has historically been expensive and slow. trillion business opportunity by 2025.

Innovation 88

Innovation Cross-Border Financial Inclusion Payment APIs and Integration 88

Finextra

JULY 8, 2025

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?

Global Payments 52

Global Payments Real Time Gross Settlement (RTGS) Cross-Border Cross-Border Settlement 52

The Payments Association

JANUARY 21, 2025

The report notes how stablecoins, supported by regulatory developments, are driving advancements in digital commerce and cross-border transactions. Their price stability, especially when fiat-backed, is proving vital for remittances, settlement processes, and even everyday payments.

Payments Trends 88

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

Finextra

JUNE 30, 2025

They will need to co-exist with existing clearing and settlement processes and infrastructures, and this means interoperability is crucial. The DLT network provides a highly secure and reliable platform for the exchange of the digital currency as part of clearing and settlement. billion in April. Let’s explore.

Digital Currency 52

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

Finovate

JULY 2, 2025

Even though some banks have issued permissioned, institutional stablecoins, they are usually used internally for payment settlement, not open to the public, and are not tradable on public blockchains. While stablecoins are best known for their use in cross-border payments, programmable payments, and in DeFi.

Stablecoins 52

Stablecoins FDIC Blockchain Treasury 52

The Paypers

JUNE 17, 2025

The agreement brings together OpenPayd’s API-based payment and banking services with Circle’s infrastructure for USDC, a dollar-denominated stablecoin issued by regulated affiliates of Circle. For more information about OpenPayd, please check out their detailed profile in our dedicated, industry-specific Company Database.

Stablecoins 36

Stablecoins Payment Networks Cross-Border Payment APIs and Integration 36

Fintech Review

MAY 4, 2025

Payments & FX Management Let’s continue the top 100 fintech tools and platforms with payments and foreign exchange (FX) management. Managing payments and FX is mission-critical for businesses operating across borders or handling multi-currency revenue streams.

Payment APIs and Integration 76

Payment APIs and Integration FinTech Multi-Currency Embedded Finance 76

Payments Dive

JULY 17, 2025

Scaling stablecoins will fundamentally be about utility to consumers and businesses, and interoperability between the existing financial system” and stablecoins, Lambert said. Mizuho Securities analyst Dan Dolev also outlined network strengths, but suggested there are weaknesses to exploit.

Stablecoins 78

Stablecoins Visa FedNow Cross-Border 78

The Payments Association

JULY 18, 2025

UK and EU divergence on scope and legal frameworks may introduce cross-border compliance and interoperability challenges. Open Banking Ltd, The Payments Association, CFIT taskforce) to stay updated on standards and timelines. transaction history, savings, pensions). transaction history, savings, pensions).

Regulations 88

Regulations Payments Payment APIs and Integration Legal 88

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

Fintech News

NOVEMBER 5, 2024

Nium, a global payments infrastructure provider, announced a partnership with Partior , a blockchain-based clearing and settlement network, at the Singapore Fintech Festival 2024. The partnership allows financial institutions to connect with Nium for faster, more transparent cross-border payments.

Cross-Border Payments 131

Cross-Border Payments Cross-Border Multi-Currency Real Time Payments 131

The Fintech Times

FEBRUARY 26, 2024

With so many countries looking towards centralised digital assets, we set out to find out how these would impact the cross-border payments market. However, CBDCs will not be the silver bullet to developing and accelerating cross-border payments.

Cross-Border Payments 145

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

Fintech News

JUNE 12, 2024

Rapid globalisation and available technological advancements have spurred the demand for more efficient, transparent, and accessible cross-border payment systems. The G20 Roadmap for Enhancing Cross-border Payments of the Financial Stability Board (FSB) also lists them as a key priority for enhancing such payments.

Cross-Border Payments 124

Cross-Border Payments Cross-Border Interoperability Participant 124

Fintech News

SEPTEMBER 10, 2024

A new report by Deloitte delves into the latest developments in the cross-border payment sector in Asia-Pacific (APAC), identifying four major trends reshaping the landscape and offering significant opportunities for merchants. This partnership enables tourists to use familiar payment methods while being abroad.

Cross-Border Payments 111

Cross-Border Payments Cross-Border APACS Interoperability 111

Fintech Finance

AUGUST 22, 2024

Through a new cross-border payments collaboration between Commonwealth Bank of Australia (CBA) and The Bank of New York Mellon ( BNY ), Australian businesses and individuals who receive international payments from BNY’s customers may now be paid in as little as 60 seconds1 regardless of who they bank with.

Near Real-Time 98

Near Real-Time Cross-Border Payments Cross-Border Settlement 98

Fintech Finance

MAY 29, 2025

Conduit , a leading cross-border payments platform powered by stablecoins, announced today it closed a $36 million Series A funding round. To date, Conduit has saved clients over 60,000 hours in settlement times and generated fee savings worth over $55 million.

Cross-Border Payments 81

Cross-Border Payments Cross-Border Stablecoins SWIFT 81

PYMNTS

JULY 31, 2019

So, why do cross-border payments present so many challenges? Despite rapid market growth, international payments have been hampered by country-specific regulations, while transactions being channeled through intermediary banks can take days to complete and often come with fees. Currently, there are 0.7

Cross-Border Payments 72

Cross-Border Payments Cross-Border Distributed Ledger Technology (DLT) Payments 72

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

APRIL 29, 2019

Many countries around the world are rolling out instant payments schemes that bring speed and convenience to payments made within their own borders. Unfortunately, those benefits are often limited when it comes to cross-border payments. A London-based manufacturer can’t rely on the U.K.’s Current Efforts .

Interoperability 77

Interoperability ISO 20022 Instant Payments Cross-Border 77

Fintech Finance

AUGUST 20, 2024

TerraPay , a global money movement company, announced a collaboration with 5 of the leading wallet operators to establish the “Wallet Interoperability Council”, aiming to leverage TerraPay’s technology to facilitate interconnection and interoperability in cross-border transactions.

Cross-Border Payments 52

Cross-Border Payments Cross-Border Interoperability Payments 52

PYMNTS

NOVEMBER 9, 2016

We live in a time where open networks and software platforms have enabled interoperability of communications, media sharing, content and information discovery. Circle also takes advantage of blockchain technology to support interoperable payments across currencies all around the world. No More “Cross-Border”.

Cross-Border 75

Cross-Border Cross-Border Payments Interoperability Multi-Currency 75

Fintech News

NOVEMBER 6, 2024

Chia stressed the need for collaboration to address industry challenges, describing Project Nexus as a “game changer” for scaling cross-border payment systems through a central framework. MAS has also introduced a stablecoin regulatory framework and partnered with global banks to overcome barriers to scaling.

FinTech 111

FinTech Interoperability Cross-Border Payments Stablecoins 111

Faster Payments Council

JUNE 3, 2020

Faster Payments Council (FPC), a membership organization devoted to advancing faster payments in the United States, today released a new Faster Payments Interoperability white paper developed by the FPC Network Committee. Our Network Committee includes experts from U.S.

Interoperability 68

Interoperability Faster Payments Real Time Gross Settlement (RTGS) FPC 68

Fintech News

AUGUST 8, 2024

This connectivity is not just a technical necessity but a strategic imperative for seamless settlement, reconciliation and post-trade operations, enhanced transparency, and operational efficiency. This service, akin to Swift’s GPI for payments, promises to bring end-to-end monitoring and improved transparency to the securities domain.

ISO 20022 128

ISO 20022 APACS SWIFT ISOs 128