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Global payments network Thunes has announced a collaboration with Circle , the issuer of regulated stablecoins USDC and EURC. This partnership aims to enhance stablecoin liquiditymanagement in cross-borderpayments. said Jeremy Allaire, Co-founder and CEO of Circle.
This strengthens their ability to support cross-border renminbi (RMB) transactions. CIPS, authorised by the People’s Bank of China, facilitates RMB-denominated trade, investment, and other cross-borderpayments. As of May 2025, it connects 174 direct and 1,509 indirect participants globally.
Cross-borderpayments are the fundamental infrastructure that facilitates the flow of money within an increasingly interconnected global economy, underpinning commerce between individuals, businesses, and governments worldwide.
Centiglobe , a leading fintech company specializing in cross-borderpayment infrastructure solutions, today announces a new collaboration with Mastercard Move – Mastercard’s portfolio of global money movement solutions. Unlike traditional cross-borderpayment models, Centiglobe does not charge per transaction.
Led by Vitus Rotzer, chief product officer for financial messaging, Bottomline was recently recognised for its contributions to the payments industry, including being named Best Cross-BorderPayments Provider in North America at the 2025 International Banker Awards.
With firms spending roughly $120billion (S$154.2billion) on cross-border transaction fees, alternatives are being sought after. According to a new report from the Project Guardian FX industry group, implementing tokenised bank liabilities and shared ledgers in cross-borderpayments and FX is a viable solution.
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.
Following a new partnership between Centiglobe , the cross-borderpayment infrastructure solutions provider, and Mastercard Move , Mastercard s portfolio of global money movement solutions, customers using Centiglobe’s blockchain-based payments platform will now be able to use Mastercard Move through a single integration.
. “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.”
Businesses can also process US dollar wire transfers to more than 170 countries and make payments in over 30 currencies, including USD, EUR, and CNY. Businesses can pay suppliers in their local currencies, helping to lower exchange rate and reconciliation costs, with clear references for each payment.
Improved compliance and fraud prevention: ISO 20022’s richer message format enables banks to comply with sanctions, anti-money laundering, and fraud detection requirements by providing structured, comprehensive payment details, making these processes more efficient and accurate. Domestic and cross-border interoperability: The U.S.
Powered by Airwallex’s global financial infrastructure and payments capabilities, Panax customers can now directly execute cross-borderpayments and foreign exchange (FX) transactions within the Panax platform.
From a Press Release dated June 3, 2025, New York, New York ThetaRay , a global leader in cognitive AI compliance for financial crime, and Spayce , a next-generation cross-borderpayments platform, have announced a strategic partnership to address evolving financial crime threats and enhance the security of international payments.
In line with G20’s commitment to lower cross-borderpayment costs via technology innovation, Platform Tech developed a world-leading Time-Series Transformer AI FX Model to help multi-national merchants in airline, e-commerce and other sectors to improve treasury management efficiency and reduce cost.
“In Türkiye, installment payments via credit cards have been a standard practice, regardless of the amount, for a very long time. In addition to the desire for cashless trade driven by digitalization, the global requirement for liquiditymanagement makes the installment payment system a necessity.
These rigidities could significantly affect firms cash flow and liquiditymanagement. This inflexibility could hinder their ability to offer competitive, innovative solutions, such as multi-currency wallets or cross-borderpayment services.
(Photo by Çağlar Oskay on Unsplash ) Growing Importance of Payment Facilitation Using BlueSnap’s platform enables companies to increase sales and reduce the costs associated with online payments.
But the real story is in the infrastructure behind it: licensing, interoperability and a deep commitment to making cross-borderpayments work for everyone – not just the biggest players. Interoperability is a long-standing challenge for the world’s payment ecosystems, and with wallets, it’s no different.
This integration connects local payment rails (such as Brazil’s PIX) directly to global USDC liquidity, facilitating faster, cheaper, and more transparent cross-borderpayments without the need for banks to build new infrastructure from scratch 1 2 4 6.
Orbital has partnered with ClearBank Europe to expand real-time euro payment options. The Orbital ClearBank partnership connects SEPA rails with stablecoins, driving innovation in cross-border digital payments.
invoice and payments automation, cross-borderpayments) to businesses. About Corpay (NYSE: CPAY) Corpay is a global S&P 500 company providing commercial cards (e.g., business cards, fleet cards, virtual cards) and automation solutions (e.g.,
The launch comes as stablecoins emerge as key tools in global finance, offering real-time settlement, reduced costs, and increased accessibility for cross-borderpayments, especially in hard-to-reach markets that still face challenges with correspondent bank networks and financial inclusion.
Ondo Finance announced today that it will be the first provider to bring real-world assets (RWA) to the Mastercard Multi-Token Network (MTN), a digital network connecting financial institutions with businesses to improve cross-borderpayment experiences.
This will require operational safeguards and possibly stricter liquiditymanagement to meet new compliance benchmarks. Similarly, regarding cross-border operations, the bills divergence from other common law jurisdictions may complicate matters from the enforcement of stablecoin-related contracts perspective.
However, these institutions must partner with domestic custodian banks to maintain settlement accounts, ensuring regulatory oversight and liquiditymanagement. This ensures seamless integration with global financial systems and enhances the speed and reliability of cross-borderpayments. How Does CIPS Operate?
Vincent Chok , CEO at First Digital “2025 is undoubtedly going to be a breakout year for stablecoin adoption, with businesses increasingly looking for solutions that address regional challenges like cross-borderpayment friction and currency volatility,” explained Vincent Chok , CEO at First Digital.
OCBC has previously collaborated with Ant International, joining Alipay+’s network in 2023 to facilitate cross-borderpayments between Singapore, Malaysia, and South Korea. The partnership marks OCBC ‘s first foray into tokenization with Ant International and builds upon their existing relationship.
In contrast, tokenized deposits stay on the bank’s balance sheet, making the funds usable for lending, investing, and general liquiditymanagement. While stablecoins are best known for their use in cross-borderpayments, programmable payments, and in DeFi.
. 🌍 International regulatory developments (active from 2025) EU Instant Payments Regulation (SEPA Instant) The EU’s new Instant Payments Regulation marks a major step in reshaping the cross-borderpayments landscape within the Single Euro Payments Area (SEPA).
Currencycloud Provides APIs for real-time FX, multi-currency wallets, and global payments infrastructure, powering many B2B fintech platforms. Best for : Platforms building cross-borderpayment functionality into their services. Best for : Platforms requiring cross-border disbursements at scale.
Home News Wholesale Trovata buys treasury management system Atom Editorial This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
This collaboration makes Nium the first fintech payment service provider to join the Partior network, unlocking new capabilities such as programmable enterprise liquiditymanagement and Just-in-Time multi-bank payments for financial institutions.
This burgeoning sector, characterised by its complexity and diversity, demands payment solutions that are efficient and adaptable to the nuanced dynamics of cross-border trade. Amidst the APAC region’s rapid economic ascent and the explosion of digital commerce, cross-borderpayment practices have noticed an evolution.
DBS has announced the pilot launch of DBS Treasury Tokens, a next-generation treasury and liquiditymanagement solution, in collaboration with Ant International.
Today, Ripple , the leader in enterprise blockchain and crypto solutions, announced a new partnership with Clear Junction , the global leader in cross-borderpayments solutions for regulated institutions. The post Ripple Partners With Clear Junction to Enhance UK and EU Cross-BorderPayments appeared first on Fintech Finance.
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-BorderPayments in a Faster Payments World.
The European Union’s leading bank, BNP Paribas and Ant International , a digital payment and financial technology leader, have formed a strategic partnership to enhance cross-borderpayment solutions for merchants and consumers in Europe.
Cross-borderpayments are becoming increasingly important to international economies. The G20 roadmap for enhanced cross-borderpayments aims to improve the speed, access, transparency, and cost of international payments by 2030.
Mastercard launched Move Commercial Payments , a real-time cross-borderpayments solution that operates 24/7. The new commercial payments tool leverages a multi-rail system that includes SWIFT, Visa Direct, and Mastercard’s proprietary networks. with Lloyds Banking Group and UBS.
The modern-day financial services landscape has a need for speed, and one of the slowest areas of the market can be seen in cross-borderpayments. Remittance and peer-to-peer payment technologies have accelerated transaction speeds for consumers tired of waiting days for money to move across borders.
DBS has initiated the pilot of the “DBS Treasury Tokens”, a blockchain-based solution designed for next-generation treasury and liquiditymanagement, in collaboration with Ant International.
FinTechs are gaining traction in cross-borderpayments, and solutions are proliferating in the space to help firms manage foreign exchange (FX) risk as they also seek speed and security across payments. Along with real-time conversions comes the need for real-time FX volatility management.
Integrating with PCBB’s payment services means access to straight-through processing of foreign wire transfers, Swift GPI tracking, and enhanced transparency into payment statuses. The post PCBB and Finzly Partnership Boosts International Payment Services appeared first on FF News | Fintech Finance.
BNP Paribas , the multinational bank, is joining forces with Ant International , a digital payment and financial technology leader, in a move to enhance cross-borderpayment solutions for merchants and consumers across Europe.
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