Fintech Review

APRIL 17, 2025

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.

Stablecoins

Finextra

JULY 9, 2025

Real-time settlement across jurisdictions reduces reliance on intermediaries, slashes fees, and strengthens trust. How Real-Time Payments Are Transforming Cross-Border Business Real-time payments are revolutionizing cross-border transactions with instant settlements, better transparency, and reduced costs.

Real Time Payments

Tearsheet

AUGUST 7, 2025

JPMD is an alternative to stablecoins for cash settlement and payments use cases for the bank’s institutional clients. On paper, it’s a contained proof of concept: a token designed for institutional applications like cross-border settlements, real-time liquidity access, and blockchain-based treasury management.

Cross-Border Settlement

Fintech Finance

FEBRUARY 28, 2025

As the first tokenized RWA integrated into the MTN, Ondo’s Short-Term US Government Treasuries Fund (OUSG) will allow participating businesses to earn daily yield via tokenized assets with 24/7 subscriptions and redemptions, without the need for stablecoins onramps or settlement windows.

Visa

The Fintech Times

AUGUST 3, 2025

The stablecoin is compatible with a wide range of Ethereum-based wallets and protocols and can be used for 24/7 instant cross-border settlements. The launch comes shortly after AllUnity secured an Electronic Money Institution (EMI) licence from the German Federal Financial Supervisory Authority (BaFin) on 1 July 2025.

Cross-Border Payments

Finextra

JULY 8, 2025

China’s Cross-border Interbank Payment System (CIPS) is rapidly emerging as a central artery in the internationalization of the Renminbi (RMB), offering a robust infrastructure for cross-border settlements and reshaping how global institutions engage with China’s markets. What Is CIPS and Why Does It Matter?

Global Payments

Finextra

AUGUST 11, 2025

Meanwhile, the UAE is working with other markets, particularly in the Mena region, to facilitate cross-border payments and offshore holdings of the Digital Dirham.

ISO 20022

Finextra

JULY 27, 2025

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. Tokens move from corporate CBDC wallet to beneficiary’s account.

CBDC

The Payments Association

AUGUST 8, 2025

From the decline of physical cash to the rise of blockchain-based systems, central bank digital currencies (CBDCs), and real-time cross-border settlements, payments are becoming faster, more secure, decentralised, and increasingly invisible. CBDCs could reduce settlement times to seconds and lower fees to near zero.

Cross-Border

The Fintech Times

MAY 10, 2025

The possibitities are now endless Beyond the ledger Blockchain has been part of financial infrastructure for years, from powering cross-border settlements to supporting stablecoin transactions and digital asset custody.

Cross-Border Settlement

The Fintech Times

DECEMBER 6, 2023

RTGS.global, a settlement company focused on enhancing cross-border payments, is celebrating a significant milestone with the successful completion of an inaugural instant settlement cross-border transaction via its global network.

Cross-Border Settlement

The Paypers

MAY 31, 2023

Australia-based Monoova has successfully completed the first real-world cross-border settlement using the Australian dollar CBDC.

Cross-Border Settlement

The Fintech Times

MAY 15, 2024

Standard Chartered , the international cross-border bank, has become the first Euro settlement bank to go live on Partior, the global unified ledger market infrastructure, and has completed Euro-denominated cross-border transactions between Hong Kong and Singapore.

Cross-Border

Fintech Finance

JULY 12, 2024

The failure of pan-Nordic initiative P27 illustrates the challenge of collaborating on and executing the vision of a cross-border settlement scheme across jurisdictions. Hatton concludes: “Simplicity and speed of the transfer process is the most important factors for consumers when choosing a cross-border payment provider.

Cross-Border

The Fintech Times

FEBRUARY 26, 2024

Fundamental risks to using CBDCs Nina Moffatt, fintech and regulation partner, Paul Hastings Nina Moffatt , fintech and regulation partner, of law firm Paul Hastings , notes that while CBDCs are an attractive option, risks such as settlement times are preventing mainstream adoption.

Cross-Border Payments

PYMNTS

SEPTEMBER 20, 2020

Apifiny debuted Roxe earlier this year as a way to beat some of the long-held friction points in the traditional banking system, with its "fragmented" nature where assets couldn't be transferred between different markets, countries or various settlement systems, the release stated.

Office of the Comptroller of the Currency

The Paypers

OCTOBER 7, 2020

EMQ, a global financial settlement network, has launched its high transaction value cross-border settlements in Japan.

Cross-Border Settlement

The Paypers

FEBRUARY 13, 2018

(The Paypers) Paysafe Group , a global payments provider, has joined Banking Circle to offer local and cross-border settlement.

Cross-Border Settlement

The Paypers

DECEMBER 22, 2023

The first cross-border settlement for precious metals using the digital yuan CBDC, known as e-CNY, was completed on 20 December 2023.

Cross-Border

Finextra

SEPTEMBER 3, 2024

Bahrain FinTech Bay (BFB), Bahrain’s fintech ecosystem builder, has announced a fintech partnership with RTGS.global, a provider of real-time cross-border settlement solutions.

Cross-Border Settlement

Fintech Finance

SEPTEMBER 2, 2024

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.

Cross-Border Payments

PYMNTS

JUNE 3, 2019

The crypto token they are developing will be called the utility settlement coin, or USC. million) in the company tasked with developing the coin and the settlement system, Fnality International. UBS and its cohorts are not alone in pursuing blockchain-based solutions to the problem of cross-border settlement.

Settlement

The Fintech Times

SEPTEMBER 4, 2024

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.

Cross-Border Settlement

The Paypers

NOVEMBER 13, 2023

Financial Market Infrastructure (FMI) for cross-border settlements RTGS.global has partnered with Alif Bank , Bank Arvand , and Universal Capital Bank to simplify cross-border payments.

Cross-Border Settlement

The Paypers

SEPTEMBER 8, 2016

(The Paypers) Visa Europe Collab has partnered with Toronto-based BTL Group to test how blockchain can streamline domestic and cross-border payments between banks.

Cross-Border

The Fintech Times

SEPTEMBER 2, 2024

The partnership comes as payment companies across Africa continue to 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.

Cross-Border Payments

PYMNTS

MAY 22, 2020

The potential stablecoin would assist in enabling trade between the four nations by bolstering clearing services as well as cross-border settlement, while its collection of collateral would adhere to the International Monetary Foundation (IMF) special drawing rights (SDR) model. .

Digital Currency

PYMNTS

DECEMBER 2, 2020

“The wall that many new cross-border eCommerce entrants are running into at top speed is the failure to realize upfront what a massive undertaking it is to build global scale for seamless, secure, cross-border settlement.”.

Cross-Border Settlement

PYMNTS

JULY 28, 2020

Asia-based financial settlements network EMQ , which works in cross-border payments, has announced the close of a $20 million Series B funding round led by WI Harper Group, according to a press release. The solution connects bank application programming interfaces (APIs) with payment service providers.

Cross-Border

PYMNTS

AUGUST 2, 2019

In reference to the Ripple partnership announced in June, Holmes said the two companies had begun facilitating cross-border transactions through a commercial agreement, in which MoneyGram is utilizing Ripple’s xRapid blockchain product, as well as XRP, Ripple’s cryptocurrency.

Transactions

The Paypers

JULY 7, 2023

Financial Market Infrastructure (FMI) for cross-border settlements RTGS.global has partnered with MDO Humo and Credo Bank to simplify cross-border payments.

Cross-Border Settlement

PYMNTS

NOVEMBER 26, 2019

Ripple made the initial payment of $30 million earlier in the year, and it also signed a commercial agreement with the payments company for “cross-border settlement using digital assets.” In June, we announced this partnership, and it’s encouraging to see the rapid growth and benefits come to life.”.

Cross-Border Settlement

PYMNTS

MAY 22, 2020

The potential stablecoin would assist in enabling trade between the four nations by bolstering clearing services as well as cross-border settlement, while its collection of collateral would adhere to the International Monetary Foundation (IMF) special drawing rights (SDR) model. .

Digital Currency

Fintech Finance

DECEMBER 17, 2024

Wise, the global technology company building the best way to move and manage the worlds money, today announced that it has been selected by Morgan Stanley , a leading global financial services firm, to facilitate Morgan Stanleys foreign exchange international settlement capabilities for its corporate customers.

Cross-Border

The Paypers

DECEMBER 11, 2018

(The Paypers) Ingenico Group is transforming how international online merchants can do business in Russia, by offering domestic processing and cross-border settlement for international payments.

Cross-Border Settlement

PYMNTS

JANUARY 22, 2020

Monerium lets its customers develop their financial services based on the blockchain, including cross-border settlements using fiat currency. The deal was announced on Tuesday (Jan. Sean Ford, Algorand’s chief operating officer.

Bitcoin

Clearly Payments

MAY 1, 2025

Cross-border processing fees and FX conversion costs can be harder to forecast. Merchants doing international business may need to optimize settlement timing, currency options, or processor location to reduce unpredictability. Greater exposure to cross-border settlement issues if goods are sourced globally.

Credit Cards