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Cross-Border Digital Payments Interoperability 
Fintech News
DECEMBER 8, 2024
Ant International has joined Swift ‘s “Network Interoperability Reference Implementation” programme, a pre-pilot initiative designed to improve cross-border payment experiences.
Fintech News
NOVEMBER 12, 2024
He emphasized the country’s successful implementation of the PromptPay system and QR code standards, which have significantly broadened access to digital payments while prioritizing security. The post Thai Governor Highlights Data, Cross-Border Payment Initiatives at SFF 2024 appeared first on Fintech Singapore.
Fintech News
MAY 11, 2025
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. Alipay boasts more than 1.6
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.
Fintech News
JUNE 17, 2025
From Jakarta to Singapore, mobile wallet providers have built one-stop shops for payments, enabled by high smartphone penetration combined with limited innovation from traditional institutions, creating the perfect conditions for digital payment solutions to flourish.
NFCW
JUNE 26, 2025
“This agreement will initially cover 15 European countries, collectively representing over 382 million inhabitants (84% of the European Union population and Norway), enabling them to continue using their preferred digital payment solutions both locally and across Europe, and provide an approach for markets with no solution so far.
63 
Fintech News
MARCH 11, 2025
Subsequently, Thai tourists will be able to use UnionPay QR codes for payments within China. The agreement, formalised through a signing ceremony attended by financial sector officials from both nations, seeks to streamline digital payment for travelers between China and Thailand.
The Payments Association
MARCH 19, 2025
Early 2000s The turn of the millennium saw the rise of tech companies attempting to break into new ground in the digital payments and e-commerce space, with PayPal at the forefront. The fintech pioneered the first phase of digital payments, enabling secure online transactions and laying the groundwork for future wallet technologies.
The Fintech Times
NOVEMBER 6, 2024
. “For Visa, this is an opportunity to deliver innovations that enhance payment experiences across Asia Pacific with greater flexibility, security, and convenience. Visa is committed to meeting the evolving demands of consumers and merchants, ensuring seamless and secure payments.”
101 
The Payments Association
JUNE 3, 2025
Tokenisation is now a core enabler of secure, interoperable digital paymentspowering embedded finance, asset tokenisation, and evolving identity flows. Once a system for masking sensitive data, tokenisation has evolved into a foundational technology for enabling secure, interoperable, and scalable digital payments.
88 
The Paypers
JUNE 23, 2025
The EuroPA alliance has partnered with EPI Company to assess a cross-border digital payments solution aimed at improving payment interoperability within Europe.
Fintech News
JANUARY 13, 2025
The region witnessed the emergence of only one new unicorn: Polyhedra Network , an infrastructure provider for web3 interoperability. Rising interest rates have increased borrowing costs for startups, while geopolitical instability adds layers of uncertainty to cross-border investments.
119 
The Fintech Times
JULY 17, 2025
billion digital wallets, working with major partners like Swift and M-Pesa. But the real story is in the infrastructure behind it: licensing, interoperability and a deep commitment to making cross-border payments work for everyone – not just the biggest players. What problem was your company set up to solve?
45 
Fintech Finance
APRIL 15, 2025
PayPal , a global digital payments and commerce platform, today announced a strategic partnership with TerraPay , a leading global money movement company, to enable real-time fund transfers for PayPal customers across the Middle East and Africa. According to Mordor Intelligence, the MENA digital payments market is estimated at $251.34
The Payments Association
FEBRUARY 17, 2025
The future of payments is digital, inclusive, and transformativedriving financial access, innovation, and global economic empowerment. As digital payment technologies evolve, they are revolutionising how transactions occur and breaking down barriers that have long excluded billions from the financial ecosystem.
88 
Finextra
JUNE 11, 2025
Early Electronic Initiatives (late 1980s/early 1990s): Limited electronic fund transfers began to emerge, mainly within banks or for specific corporate clients, but were not widely interoperable. Unified Payments Interface (UPI) (2016): The game-changer. Its simplicity, interoperability, and low cost made it an instant success.
Fintech News
DECEMBER 22, 2024
The year saw nearly universal adoption of cashless payments and milestones in cross-border payment linkage initiatives, notably through Project Nexus. Cross border payments and digital advances in Singapore Singapore has made advancements in digital payments and emerging challenges in cross-border interoperability.
115 
Fintech Finance
NOVEMBER 21, 2024
Digital currency systems could prove to be key in improving financial inclusion and opening up new opportunities to large underbanked communities in many African countries. The programmability of value-added financial services will enable new business models and enhance the efficiency and transparency of cross-border payments.
The Fintech Times
APRIL 16, 2025
PayPal , the global digital payments and commerce giant, has joined forces with TerraPay , the global money movement company, to enable real-time fund transfers for PayPal customers across the Middle East and Africa. Together, we are driving a new era of digital payments.”
The Payments Association
JANUARY 21, 2025
Will Marwick CEO, IFX Payments The Payments Report 2024 highlights the growing impact of digital currencies, particularly stablecoins, as transformative payment solutions. The report notes how stablecoins, supported by regulatory developments, are driving advancements in digital commerce and cross-border transactions.
The Payments Association
JULY 18, 2025
As digital payments continue to evolve across Europe, the landscape for digital wallets is undergoing a significant transformation. A model in which multiple wallet providers coexist, provided they can interoperate smoothly. Nevertheless, achieving full interoperability is a complex task. What’s next?
68 
Fintech Finance
JUNE 11, 2025
Whalet , a leading digital payment provider, has announced a strategic partnership with TerraPay , a global money movement company, to deliver seamless cross-border payout solutions worldwide. With payment licenses in Singapore , the U.S.,
52 
Fintech News
APRIL 24, 2025
From digital payments to decentralised finance (DeFi), these companies are solving real-world challenges like financial inclusion and cross-border transactions, while setting new global standards for innovation. billion UPI-based payment platform BillDesk 1.59 billion digital payments Razorpay 7.5
138 
Fintech Finance
MARCH 30, 2025
Bancomat , Bizum and SIBS are bringing European payments to the next level through EuroPA, the European Payments Alliance, by achieving a significant milestone in cross-border payments in Europe. From today, the banks that are part of the local solutions will start to adhere to the interconnection gradually.
Fintech Finance
MARCH 30, 2025
Bancomat , Bizum and SIBS are bringing European payments to the next level through EuroPA, the European Payments Alliance, by achieving a significant milestone in cross-border payments in Europe. From today, the banks that are part of the local solutions will start to adhere to the interconnection gradually.
Fintech Finance
MARCH 27, 2025
LankaPay – Sri Lankas National Payment Network – announced their partnership with Ant International , a leading global digital payment, digitisation and financial technology provider, to launch Alipay+ acceptance in Sri Lanka at a press conference held on 25 th March 2025 at the Shangri-La Hotel, Colombo.
59 
Fintech Finance
MAY 1, 2025
AfricaNendas 2024 State of Inclusive Instant Payment Systems (SIIPS) in Africa Report reveals that IIPSsocietal-scale digital payment systems enabling low-cost, real-time transactionsare crucial to unlocking access for the financially underserved.
Fintech News
NOVEMBER 12, 2024
However, challenges remain, particularly regarding interoperability. To address this, stakeholders including NETS Group and Liquid Group are working on interoperable QR payment solutions that are designed to simplify processes for merchants, Chia said.
111 
Fintech News
MAY 19, 2025
StraitsX has launched its Singapore dollar-backed stablecoin, XSGD, on the XRP Ledger (XRPL), marking a new phase in its collaboration with Ripple to support real-time digital payments across Asia.
90 
Finextra
JUNE 26, 2025
In this guide, you’ll understand what digital payment security is and what these regulations mean, how they impact your payment operations, and what you need to do to meet them. Most importantly, you’ll see how the right digital payment solution can make compliance simpler and more effective. So, let’s dig in.
52 
The Fintech Times
FEBRUARY 19, 2025
Singapore-based digital payment infrastructure provider and stablecoin issuer, StraitsX , is teaming up with Standard Chartered to enhance the reserve management of its stablecoins.
75 
Finextra
JUNE 11, 2025
Strategic CX Advantage: For merchants and issuers alike, enabling near-instant transactions enhances loyalty and repeat usage—directly impacting ROI on digital channels. Trust Through Technology: Security Is No Longer a Barrier Skepticism around digital payment security has been eclipsed by confidence in advanced protection protocols.
52 
Finovate
NOVEMBER 1, 2024
Moniepoint is building an all-in-one, seamlessly integrated platform for African businesses that features services including digital payments, banking, foreign exchange, credit, and business management tools. MTN Nigeria also noted that its MoMo service has recently added functionality to support cross-border transactions.
The Fintech Times
JULY 16, 2025
. “Fintechs are building banking layers focused on consumer experience and are innovating to meet the demands for 24/7 access to financial services, including lending, investing, and cross-border payments. “Financial inclusion is essentially the core offering of digital banking. billion in 2024 to 5.8
56 
The Fintech Times
MARCH 18, 2025
The rapid adoption of Pix as the leading payment method in Brazil, along with continued e-commerce growth, is driving the demand for innovative digital payment solutions. This achievement marks a significant milestone in the expansion of digital payment solutions.
The Payments Association
MARCH 18, 2025
Open finance is transforming financial services by enabling broader data-sharing, fostering competition, and driving innovation in payments and financial products. As more jurisdictions refine regulations and expand open finance frameworks, the focus will shift to interoperability, consumer trust, and cross-industry data integration.
88 
Finovate
MARCH 7, 2025
So far the EPI has excelled in laying the groundwork for this payments evolution by clearly articulating its vision and aligning strategically with the key pillars of ecommerce. Part of this was the launch of the real-time payment system Wero last summer. Latin America and the Caribbean Digital credit innovator Maxxa raised $10.6
52 
The Payments Association
MARCH 17, 2025
More precise alignment with the governments growth agenda, particularly in fintech and cross-border payments, would create a regulatory environment that encourages firms to scale in the UK rather than seek more permissive jurisdictions.
88 
The Fintech Times
MARCH 3, 2025
In its new manifesto, ‘ Creating the Conditions to Support Growth and Innovation in Payments ‘, The Payments Association describes the 66 policies recommended by the 216 payments professionals working across financial crime, regulation, open banking, ESG, cross-border payments, digital currencies and financial inclusion.
59 
The Payments Association
JULY 15, 2025
Notably, emerging sectors such as digital assets and crypto, open banking, and cross-border payments each captured 2.5% of respondents, reflecting their nascent but growing importance in the payments ecosystem’s fight against financial crime.
The Fintech Times
APRIL 24, 2025
The findings come from Thunes’ ‘ Complete Guide to Mobile Wallets 2025 ‘, the second edition of an extensive study diving into the acceleration of mobile wallet adoption and the evolution of digital payments. This renewed focus is critical in addressing regulatory differences and diverse local payment cultures.
The Payments Association
JULY 18, 2025
Payments firms may need to reassess custody, safeguarding, and platform operations to meet FSMA-level standards, especially as FCA alignment with e-money safeguarding reforms is expected. Monitor potential regulatory expansion of stablecoins into the payment services perimeter, especially in cross-border or B2B use cases.
88 
CoinRemitter
DECEMBER 11, 2024
We can expect interoperability between two or more networks, which may expand the ecosystem and increase the liquidity of involved networks. Also, CBDCs will likely gain traction, which may influence the future of digital payments and challenge the dominance of traditional fiat currencies.
The Fintech Times
FEBRUARY 26, 2024
As of December 2023, 130 countries, representing 98 per cent of global GDP, were exploring central bank digital currencies (CBDCs) according to the Atlantic Council ‘s CBDC tracker. With so many countries looking towards centralised digital assets, we set out to find out how these would impact the cross-border payments market.
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