Remove Cross-Border Remove Interoperability Remove Payment Networks
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Cross-border payments and UPI revolution in India

The Payments Association

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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Nexus Empowers APAC Financial Institutions to Achieve G20 Cross-Border Payment Targets

Fintech News

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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UnionPay, NITMX to Enable QR Code Payments Between China and Thailand

Fintech News

NITMX is also actively working with other Chinese payment providers to further enhance cross-border payment capabilities. Expanding our QR Code payment network globally remains a key priority for us, and this initiative strengthens our commitment to providing seamless payment experiences.”

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CBDCs in practice: What we’ve learned from the early movers

The Payments Association

James Hurren explores what early CBDC deployments across Asia, the Caribbean, and Europe reveal about usage, adoption, and the future of cross-border digital money. Beyond technical proof points, these initiatives underscore the need for global interoperability.

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The Next Decade of Growth in Southeast Asia’s Booming Digital Payments Ecosystem

Fintech News

A key feature on its way to mobile wallets is support for card networks and domestic bank transfer networks alongside international cross-border payment rails.

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Circle Goes Live with the Circle Payments Network

Finovate

Circle has launched the Circle Payments Network (CPN) to modernize the $190 trillion cross-border payments market with blockchain-based, near-instant settlement. CPN enables financial institutions to securely exchange payment instructions and settle transactions using USDC on public blockchains.

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Why staying put is no longer the safe option for payments innovation

The Payments Association

The high price of legacy in a payments-first world Banks that continue to rely on legacy infrastructure face mounting challenges: Limited scalability: Legacy tech wasnt built for real-time, cross-border, 24/7 payments or seamless integration with regional schemes.