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XTransfer, OCBC Team Up to Provide Enhanced Financial Services for SMEs

Fintech News

OCBC China will also act as XTransfer’s global account manager, working closely with the banks subsidiaries to support cross-border settlements and facilitate business growth. The partnership will leverage OCBCs regional network in markets including Singapore, Hong Kong, Malaysia, and Indonesia.

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Morgan Stanley Partners with Wise to Enhance Cross-Border Payment Capabilities

The Fintech Times

Morgan Stanley is teaming up with Wise to bring faster and smoother cross-border payments to its corporate clients, making it the first investment bank to integrate Wises global payments platform.

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Trace Finance Joins Borderless.xyz Network, Enhancing FX Liquidity and Stablecoin Payments in Brazil

Fintech Review

Known for powering aggregators like dLocal, Trace Finance brings proven expertise in cross-border settlement. This integration is set to significantly reduce the cost of stablecoin-based FX transactions while offering institutions and enterprises a faster, more transparent, and secure experience across borders.

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CBDC in Corporate Payments and Transaction Banking

Finextra

Emergence of SWIFT & RTP: The 1980s–1990s saw global messaging standards (MT-103, MT-202) and real-time rails (Fedwire, TARGET2) democratize cross-border settlement but reliance on intermediaries, queue times, and compliance checks remained major pain points.

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RTGS.global Completes First Instant Cross-Border Settlement Between Georgia and Tajikistan

The Fintech Times

Marcus Treacher , executive chair at RTGS.global, commented: “This is a significant moment for RTGS.global in demonstrating how instant atomic settlement can directly solve the historic and emerging challenges associated with cross-border payments and liquidity management.

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MANSA Partners with Bitmama to Enhance Cross-Border Payments in Emerging Markets Through Virtual Crypto Cards

Fintech Finance

Payment companies across Africa face significant challenges in establishing cross-border payment services, where maintaining pre-funded accounts in multiple countries often poses an obstacle due to limited capital, stifling innovation and creating a liquidity gap.

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RTGS.global Enhances Bahrain Financial Infrastructure Following Bahrain FinTech Bay Partnership

The Fintech Times

Looking to free organisations from these shackles and enable faster, more seamless cross-border transactions, RTGS.global , the real-time cross-border settlement solutions, launched its instant atomic settlement solution which is now being rolled out in Bahrain.