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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. Another company from Singapore featured on the list is Tazapay.

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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.

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Thunes and Circle to Facilitate Faster Cross-Border Payments with USDC Stablecoin

Fintech News

Global payments network Thunes has announced a collaboration with Circle , the issuer of regulated stablecoins USDC and EURC. This partnership aims to enhance stablecoin liquidity management in cross-border payments. By utilising USDC, Thunes aims to reduce capital costs and improve liquidity for its network participants.

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dtcpay Taps Mastercard Move to Enhance Cross-Border Payment Access

Fintech News

Typical processing times range from under an hour for 60 percent of transactions to within 24 hours for 95 percent. Mastercard Move connects banks, non-bank financial institutions, and other payment providers to a network that spans over 200 countries, supports more than 150 currencies, and reaches nearly the entire banked population.

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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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BIS Sets Out Roadmap for ISO 20022 Implementation in Cross-Border Payments

Fintech News

BIS aims to improve the efficiency of cross-border payments. They also provide impetus to industry-led efforts to create guidelines for faster cross-border payments. This panel will begin meeting in early 2025 and will continue to meet twice a year, in line with the ISO 20022 standard maintenance process.

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