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India in Talks to Forge New Cross-Border Payment Linkages, Says RBI

Fintech News

India is advancing efforts to establish cross-border payment linkages with multiple countries, as reported by Bloomberg, citing an official from the Reserve Bank of India (RBI). T Rabi Sankar Deputy Governor T.

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Cross-Border Payments in Numbers: Global Corporations Lost $120 Billion in Transaction Fees

Fintech Finance

The current cross-border payment system imposes high costs on businesses and economies worldwide, stifling economic potential and limiting financial inclusivity. Any improvement in the efficiency of cross-border transactions would, therefore, lead to considerable benefits for businesses and individuals globally.

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6 Asian Companies Recognized Among the World’s Most Promising in Cross-Border Payments

Fintech News

FXC Intelligence, a data platform specializing in the cross-border payment and e-commerce sectors, has released its annual selection of the world’s most promising cross-border payments companies in 2024. The company recorded a total payment volume of around US$10 billion.

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Thai Governor Highlights Data, Cross-Border Payment Initiatives at SFF 2024

Fintech News

Looking ahead, he highlighted Thailand’s efforts to strengthen cross-border payment connectivity through projects like Nexus and mBridge. The post Thai Governor Highlights Data, Cross-Border Payment Initiatives at SFF 2024 appeared first on Fintech Singapore.

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UOB Becomes Direct Participant in China’s Cross-Border Payment System

Fintech News

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-border payments. As of May 2025, it connects 174 direct and 1,509 indirect participants globally.

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Nium, Kinexys by JP Morgan Enhance Cross-Border Payment Accuracy in Asia

Fintech News

Global payments infrastructure provider Nium has expanded its partnership with Kinexys by J.P. Morgan (formerly Onyx) to enhance cross-border payment accuracy in Malaysia, Thailand, and Hong Kong, This makes Nium the first fintech to provide data for validating bank account details in these markets.

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13 APAC-Born Companies Recognized Among Top Global Cross-Border Payment Leaders of 2025

Fintech News

FXC Intelligence, a data platform specializing in the cross-border payment and e-commerce sectors, has released its annual Cross-Border Payments 100 list, highlighting the 100 most influential players in global payments. The company is currently valued at US$5.5 billion, according to CB Insights.