Fintech News

AUGUST 12, 2024

DBS has initiated the pilot of the “DBS Treasury Tokens”, a blockchain-based solution designed for next-generation treasury and liquidity management, in collaboration with Ant International.

Treasury 96

Treasury Blockchain Cross-Border Payments Multi-Currency 96

Fintech News

JULY 14, 2024

Traditional cross-border payments encounter various challenges, including delays, high costs, lack of transparency, multiple intermediaries, variable processing speeds, and differing compliance standards across correspondent banks. We see a very bright future for blockchain-based frictionless, cross-border transactions.

Cross-Border 106

Cross-Border Correspondent Bank Multi-Currency Settlement 106

Fintech News

OCTOBER 20, 2024

DBS Token Services includes solutions like Treasury Tokens, which facilitate instant multi-currency intra-group transactions for large companies, unaffected by traditional currency cut-off times or non-banking hours. Another feature, Conditional Payments, allows for programmable funds disbursement based on pre-set conditions.

Blockchain 113

Blockchain Innovation Liquidity Management Multi-Currency 113

The Payments Association

JANUARY 13, 2025

These businesses often favour jurisdictions with more aligned and predictable legal standards, which could significantly impact PSPSPs’ cross-borderspirations or operations. On Redemption Rights, stablecoins often promise redemption at a fixed value, for example, 1:1 with fiat currency.

Legal 88

Legal Stablecoins Cross-Border Due Diligence 88

The Payments Association

JANUARY 13, 2025

The immediate safeguarding of funds could strain liquidity for smaller firms, requiring adjustments to workflows and potentially increasing reliance on credit facilities. Statutory trusts, while beneficial for legal clarity, may prolong insolvency proceedings and introduce additional legal complexities, especially for cross-border operations.

Compliance 88

Compliance Audit Legal Reconciliation 88

Fintech Review

MAY 4, 2025

Best for : Platforms requiring multi-product financial offerings. Cross River Provides embedded payments, banking, and lending infrastructure for fintechs, with a strong compliance focus. Zoho Subscriptions A flexible subscription billing solution with integrated invoicing, dunning management, and multi-currency support.

Payment APIs and Integration 76

Payment APIs and Integration FinTech Multi-Currency Embedded Finance 76

Finovate

NOVEMBER 7, 2024

The move makes Nium the first payment service provider to join Partior’s blockchain-based network, enabling real-time cross-border payments, clearing, and settlement across 100+ markets. The company’s global infrastructure for real-time cross-border payments supports 100 currencies across 220+ markets.

Real Time Payments 52

Real Time Payments Cross-Border Payments Payment APIs and Integration Cross-Border 52

Finovate

JULY 26, 2024

Partior’s 24/7 blockchain network works with real-time local currency payment and RTGS systems globally and facilitates direct and indirect settlement flows with market participants. “We see a very bright future for blockchain-based frictionless, cross-border transactions.

AI 73

AI Cross-Border Payment APIs and Integration Multi-Currency 73

The Fintech Times

OCTOBER 11, 2024

The vast majority (95 per cent) of Payment Service Providers (PSPs) have experienced their bank accounts being closed or restricted by banking partners, according to new research by cross-border payments and foreign exchange (FX) fintech, Neo. Significant challenges remain Neo revealed the banking services that PSPs rely on the most.

Accounts 52

Accounts Cross-Border Payments Cross-Border Reconciliation 52

Segpay

JUNE 25, 2024

This enables merchants to access revenue fast and manage their finances more effectively. Enhanced Security : Pay by Bank transactions use the improved security features of online banking platforms, such as multi-factor authentication and encryption, to protect sensitive customer data and transactions.

Online and Mobile Banking 52

Online and Mobile Banking Payments Settlement Transactions 52

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.

Settlement 112

Settlement Blockchain Cross-Border Treasury 112

Fintech News

DECEMBER 15, 2024

This marks a critical milestone in the exploration of a Central Bank Digital Currency (CBDC). The PoC findings also revealed that DLT-based solutions could enhance liquidity management and security, ensuring seamless integration with both domestic and cross-border systems.

CBDC 109

CBDC Distributed Ledger Technology (DLT) ISO 20022 Cross-Border 109

Fintech News

JANUARY 9, 2025

Indonesia has reached a significant milestone in its journey toward exploring the potential of Central Bank Digital Currencies (CBDCs) with the completion of the Proof of Concept (PoC) for the wholesale Digital Rupiah under the auspices of Bank Indonesias Project Garuda. Each platform exhibited distinct strengths.

Distributed Ledger Technology (DLT) 123

Distributed Ledger Technology (DLT) Multi-Currency Interoperability ISO 20022 123

Fintech News

FEBRUARY 12, 2025

The company provides a unified Treasury Operating System (TOS) that streamlines financial operations, automates treasury processes, optimises liquidity management, and enhances financial decision-making and liquidity optimisation. ” said Ganesh Rengaswamy, Co-Founder and Managing Partner at Quona.

Treasury Management 86

Treasury Management Treasury Cross-Border Payments Multi-Currency 86

The Payments Association

APRIL 14, 2025

Firms that support currency exchange as part of their payment services to consumers or microenterprises should review their customer disclosures in light of Consumer Duty requirements. Short to medium-term impact (Beyond Q2 2025) New rules on cross-border payments and interchange fees (final rules exp.

Regulations 88

Regulations ISO 20022 Cross-Border Legal 88