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Circle Launches Stablecoin Payments Network for Cross-Border Settlements

Fintech News

Circle stated the initiative addresses inefficiencies in cross-border payments, which can often take more than a business day and incur significant costs, citing World Bank data highlighting average costs exceeding 6%. said Nikhil Chandhok, Chief Product and Technology Officer at Circle.

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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 post XTransfer, OCBC Team Up to Provide Enhanced Financial Services for SMEs appeared first on Fintech Singapore.

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

Fintech News

Sethaput Suthiwartnarueput, Governor of the Bank of Thailand , recently addressed the Singapore Fintech Festival, sharing insights on Thailand’s advancements in digital finance. The post Thai Governor Highlights Data, Cross-Border Payment Initiatives at SFF 2024 appeared first on Fintech Singapore.

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Ant International Deepens Payment and Digitalisation Ecosystem with AI-Driven Embedded Finance Solutions in Year of Transformation

Fintech Finance

Alipay+ expanded its vibrant wallet-based payment and digtalisation space that further strengthens WorldFirst and Antom , the two business fintech services. The post Ant International Deepens Payment and Digitalisation Ecosystem with AI-Driven Embedded Finance Solutions in Year of Transformation appeared first on FF News | Fintech Finance.

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XWeave Secures US$3 Million Funding for Stablecoin Cross-Border Payments

Fintech News

The company is also in talks with regional fintechs and global merchant platforms to integrate real-time cross-border settlement into their products. Featured image credit: Edited from Freepik The post XWeave Secures US$3 Million Funding for Stablecoin Cross-Border Payments appeared first on Fintech Singapore.

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Ondo Finance Joins the Mastercard Multi-Token Network (MTN) as the First Real-World Asset (RWA) Provider

Fintech Finance

MTN’s comprehensive infrastructure is aimed at streamlining secure and scalable digital transactions, and supports a wide range of institutional finance applications—from cross-border settlements to tokenized liquidity management.

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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.