Fintech News

JANUARY 7, 2025

The Bank for International Settlements ‘ (BIS) Committee on Payments and Market Infrastructures (CPMI) has announced new measures to promote the adoption of its harmonised ISO 20022 data requirements. BIS aims to improve the efficiency of cross-border payments.

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ISO 20022 Cross-Border Payments Cross-Border ISOs 117

Fintech News

OCTOBER 28, 2024

The Bank for International Settlements (BIS) and a group of central banks have successfully completed Project Mandala demonstrating automated compliance for cross-border transactions. We are optimistic about the potential of these early results to enhance cross border payments.”

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Fintech News

DECEMBER 17, 2024

Morgan Stanley has partnered with Wise Platform to enhance its cross-border payment capabilities for corporate and institutional clients. The collaboration makes Morgan Stanley the first investment bank to offer foreign exchange international settlements through Wises infrastructure.

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Cross-Border Payments Cross-Border Payments International Payments 113

The Payments Association

FEBRUARY 13, 2025

UPI is revolutionising cross-border payments, expanding Indias digital payment influence through global integration, regulatory reforms, and strategic partnerships. The introduction of the unified payments interface (UPI) in 2016 marked a transformative shift in India’s digital payments landscape.

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Cross-Border Payments Cross-Border Interoperability Payments 88

Fintech News

APRIL 21, 2025

Circle Internet Group announced the launch of its Circle Payments Network (CPN), a new system designed to connect financial institutions for cross-border payments using regulated stablecoins. The post Circle Launches Stablecoin Payments Network for Cross-Border Settlements appeared first on Fintech Singapore.

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Fintech News

MAY 5, 2025

XWeave , a startup developing infrastructure for stablecoin-based cross-border payments, has raised US$3 million in seed funding. The funding will be used to expand XWeaves network across non-G10 payment corridors in Asia and the Middle East, including the UAE, Indonesia, Japan, and Hong Kong.

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Cross-Border Payments Cross-Border Stablecoins Cross-Border Settlement 99

Fintech Finance

DECEMBER 17, 2024

Bitso Business the B2B arm of Bitso that provides the infrastructure for the future of cross-border payments releases its 2024 results. billion registered in 2022, consolidating an accelerated cross-border remittances growth. For these transactions, in 2024 3 Bitso Business registered a volume of more than $6.5

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Cross-Border Payments Cross-Border Stablecoins Transactions 98

Fintech News

JUNE 16, 2025

As the global demand for faster, more affordable, and increasingly transparent cross-border payments intensifies, Project Nexus is emerging as a foundational initiative to meet the G20’s ambitious roadmap. What is Project Nexus, and how does it address today’s cross-border payment challenges?

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Fintech Finance

DECEMBER 16, 2024

Juicyway addresses this need by leveraging stablecoin technology to enable fast, affordable global money transfers with 24/7 execution and settlement. This is achieved through significantly reduced transaction costs, enhanced accessibility to crucial financial services, and seamless cross-border transfer of value on the continent.

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Cross-Border Payments Cross-Border Stablecoins Payments 98

Fintech Finance

NOVEMBER 1, 2024

The Challenge Cross-border payments are critical yet often costly and complex, especially for growing businesses expanding into Southeast Asia and South Asia. Geopolitical shifts have diversified supply chains, and real-time payments have become the preferred method for digital transactions in these regions.

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Cross-Border Payments Cross-Border Real Time Payments APACS 98

The Payments Association

JUNE 15, 2025

Earlier this month , Paysend announced the launch of Instant Settlement Accounts. This new feature enables PSPs, Banks, Marketplaces, FX Brokers and Freelancer/Contractor EOR Payroll Platforms to unlock $400 billion in liquidity trapped in cross-border payment processing.

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Fintech News

JANUARY 7, 2025

Cross-border payment firm XTransfer has received the Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). The company, founded in 2017, specialises in cross-border payment solutions tailored to small and medium-sized enterprises (SMEs).

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Fintech News

JULY 1, 2025

By gaining access to local clearing rails, Indian businesses can expect quicker settlements and improved transparency, while managing their collections through a single API. Its multi-currency account offering will expand to support Australian Dollars, in addition to US Dollars, Euros, and British Pounds.

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Fintech Finance

JUNE 18, 2025

Merge , a London-based fintech company that provides payments and banking infrastructure for digital businesses, has announced a new strategic partnership with DHgate , a leading global B2B e-commerce marketplace.

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Cross-Border Payments Cross-Border B2B Payment APIs and Integration 59

The Fintech Times

DECEMBER 20, 2024

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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Cross-Border Payments Cross-Border Cross-Border Settlement Settlement 59

The Payments Association

JUNE 5, 2025

Today, Paysend announced the launch of instant settlement accounts. This new feature enables PSPs, banks, marketplaces, FX brokers and freelancer/contractor EOR payroll platforms to unlock $400 billion in liquidity trapped in cross-border payment processing.

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Settlement Cross-Border Payments Cross-Border Accounts 88

The Fintech Times

MARCH 12, 2025

Ximena Aleman, co-founder and co-CEO of Prometeo Legacy cross-border banking solutions have historically struggled to integrate between financial infrastructures, creating significant challenges for businesses to access new markets, said Ximena Aleman , co-founder and co-CEO of Prometeo.

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Cross-Border Payments Cross-Border Payment APIs and Integration Account Validation 64

The Fintech Times

NOVEMBER 6, 2024

Businesses and consumers paying into and out of the Middle East and North Africa (MENA) region will benefit from faster, cheaper and more transparent cross-border payments through a public-private collaboration between Mastercard and the Arab Regional Payment System, Buna.

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Cross-Border Payments Cross-Border Visa Due Diligence 59

Finextra

JUNE 29, 2025

Market Size Value of cross-border payments is estimated to reach a minimum $ 250 trillion by 2027. Global non-cash commercial payments will grow at a CAGR of 11.3% 60% of corporate banks agree that cross-border real-time payments infrastructure brings a revenue opportunity.

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Cross-Border Payments Cross-Border Stablecoins Payments 52

Fintech Review

NOVEMBER 20, 2024

In this exclusive Fintech Review interview, Adam Swartzbaugh, CEO of Almond FinTech , discusses transformative cross-border payment technology. Almond’s blockchain-driven Settlement Optimization Engine (SOE) addresses critical speed, transparency, and cost challenges in cross-border payments.

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Cross-Border Payments Cross-Border Multi-Currency FinTech 115

The Fintech Times

NOVEMBER 18, 2024

Cross-border payments in the MENA region have faced challenges such as high costs, slow processing times and limited transparency. The post Mastercard’s Entry into Buna: What It Means for the Future of MENA Cross-Border Payments appeared first on The Fintech Times.

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Fintech News

MAY 26, 2025

Southeast Asias rapid digital growth is creating major opportunities for high-growth enterprises, but when it comes to managing cross-border payments, many businesses are still held back by fragmented infrastructure, currency complexities, and inefficient payment processing systems.

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Fintech News

OCTOBER 20, 2024

This eliminates the need for complex and costly API integrations, making cross-border payments faster and more affordable. By utilising Swift MT and ISO 20022 messaging formats, Nium enables seamless connectivity for banks, facilitating quicker settlements and enhanced transparency.

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Cross-Border Payments Cross-Border SWIFT ISO 20022 137

Fintech Finance

MARCH 24, 2025

By integrating with RTGS.global’s instant settlement infrastructure, TransferMate will deliver seamless, real-time international payments for RTGS.global’s business customers, reducing reliance on traditional banking intermediaries and eliminating the risk associated with moving money cross-border.

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Fintech News

NOVEMBER 5, 2024

Nium, a global payments infrastructure provider, announced a partnership with Partior , a blockchain-based clearing and settlement network, at the Singapore Fintech Festival 2024. The partnership allows financial institutions to connect with Nium for faster, more transparent cross-border payments.

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Cross-Border Payments Cross-Border Multi-Currency Real Time Payments 130

Fintech News

AUGUST 13, 2024

In a recent webinar hosted by the Fintech News Network, experts from the Bank for International Settlements (BIS), Wise, Airwallex, and LexisNexis Risk Solutions explored the latest trends and developments in cross-border payments, emphasizing the pioneering role of Southeast Asia in this rapidly evolving landscape.

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The Fintech Times

FEBRUARY 26, 2024

With so many countries looking towards centralised digital assets, we set out to find out how these would impact the cross-border payments market. However, CBDCs will not be the silver bullet to developing and accelerating cross-border payments. appeared first on The Fintech Times.

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Cross-Border Payments Cross-Border Digital Currency Central Bank 145

Fintech News

OCTOBER 23, 2024

Emirates NBD has entered a strategic agreement with Singapore-based blockchain platform Partior to improve its cross-border payment capabilities. The partnership will allow Emirates NBD to offer clients faster, around-the-clock payment processing through Partior’s blockchain-based platform for clearing and settlement.

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Cross-Border Payments Cross-Border Real Time Payments Settlement 134

The Fintech Times

JANUARY 8, 2025

The Monetary Authority of Singapore (MAS) has grantedChina-based B2B cross-border trade payment platform, XTransfer , a Major Payment Institution (MPI) licence, enabling it to provide a range of money transfer services in the region. This enables uninterrupted fund circulation throughout the trade process.

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Fintech News

NOVEMBER 3, 2024

The Bank for International Settlements ( BIS ) Innovation Hub announced that it has “graduated out” of Project mBridge. Project mBridge is a major cross-border payments initiative designed to leverage wholesale central bank digital currencies (CBDCs).

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Fintech News

DECEMBER 22, 2024

Cross-border payment firm XTransfer and OCBC Bank have announced a partnership to provide small and medium-sized enterprises (SMEs) with enhanced financial services for international trade. The collaboration focuses on payment processing, foreign exchange, risk management, and wealth management solutions tailored to SMEs.

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Cross-Border Settlement Cross-Border Multi-Currency Cross-Border Payments 125

The Fintech Times

JUNE 22, 2025

Challenges such as high transaction costs and opaque exchange rates have been prevalent in Africa over the last few years, meaning that establishing strong cross-border payment avenues has been tough. African borders are starting to matter less; this is Onafriq ‘s goal.”

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Cross-Border Payments Cross-Border Finance Settlement 49

Fintech News

MAY 15, 2024

Project Agorá, an initiative by the Bank for International Settlements (BIS) alongside major central banks and the Institute of International Finance (IIF), is moving forward and inviting private sector involvement. The project aims to explore how tokenisation can improve wholesale cross-border payments.

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Cross-Border Payments Cross-Border Federal Reserve Central Bank 145

Fintech Finance

JANUARY 8, 2025

1 B2B Cross-Border Trade Payment Platform , was granted the Major Payment Institution (MPI) License under the Payment Services Act 2019 by the Monetary Authority of Singapore (MAS). This significant milestone strengthens XTransfer’s leading position in the B2B cross-border payments industry.

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Authorization Cross-Border Cross-Border Payments Regulatory Compliance 105

The Fintech Times

JULY 4, 2025

With firms spending roughly $120billion (S$154.2billion) on cross-border transaction fees, alternatives are being sought after. According to a new report from the Project Guardian FX industry group, implementing tokenised bank liabilities and shared ledgers in cross-border payments and FX is a viable solution.

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Interoperability Cross-Border Cross-Border Payments Settlement 87

Fintech News

NOVEMBER 5, 2024

OCBC Bank and Ant International have announced a strategic partnership aimed at streamlining cross-border fund settlements using tokenised deposits and leveraging advanced encryption and AI. This demonstrates how blockchain can support evolving treasury and liquidity needs.

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Fintech News

NOVEMBER 5, 2024

StraitsX, a digital asset payments infrastructure provider in Southeast Asia, has partnered with Ant International and superapp Grab to launch a new blockchain-based cross-border payment system. billion consumers through more than 30 payment partners globally, enabling seamless cross-border payment experiences.

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Stablecoins Cross-Border Payments Cross-Border Blockchain 109