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

Fintech Finance

FEBRUARY 28, 2025

Ondo Finance announced today that it will be the first provider to bring real-world assets (RWA) to the Mastercard Multi-Token Network (MTN), a digital network connecting financial institutions with businesses to improve cross-border payment experiences.

Visa

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. This will require operational safeguards and possibly stricter liquidity management to meet new compliance benchmarks.

Legal

Trade Credit & Liquidity Management

JULY 14, 2025

The platform provides a single integration that supports cross-border payments, mobile and subscription billing, and a wide variety of payment types, helping businesses streamline operations and reduce technology stack complexity.

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

The Fintech Times

JULY 17, 2025

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. TerraPay now connects over 155 countries and 3.7 billion digital wallets, working with major partners like Swift and M-Pesa.

Cross-Border

The Fintech Times

JULY 29, 2025

The launch comes as stablecoins emerge as key tools in global finance, offering real-time settlement, reduced costs, and increased accessibility for cross-border payments, especially in hard-to-reach markets that still face challenges with correspondent bank networks and financial inclusion.

Stablecoins

The Payments Association

JULY 18, 2025

The UK’s divergence from other common law jurisdictions in defining digital assets as personal property could introduce contract enforcement risks for cross-border services. Monitor potential regulatory expansion of stablecoins into the payment services perimeter, especially in cross-border or B2B use cases.

Regulations

Fintech Finance

AUGUST 14, 2024

DBS has announced the pilot launch of DBS Treasury Tokens, a next-generation treasury and liquidity management solution, in collaboration with Ant International. The solution is one of the industry applications tested under Project Guardian.

Liquidity Management

Fintech Finance

JULY 15, 2024

The European Union’s leading bank, BNP Paribas and Ant International , a digital payment and financial technology leader, have formed a strategic partnership to enhance cross-border payment solutions for merchants and consumers in Europe.

Cross-Border Payments

Fintech News

DECEMBER 11, 2023

This PoC involved executing real-time cross-border test transactions between various Central Bank Digital Currency (CBDC) systems. The project tested the feasibility of conducting multilateral cross-currency transfers through the UDPN, involving both Distributed Ledger Technology (DLT) and non-DLT-based CBDC technologies.

CBDC

Fintech News

JULY 14, 2024

Partior, a fintech known for its global unified ledger based interbank rails for real-time clearing and settlement, has announced the first close of an over US$60 million Series B funding round led by Peak XV Partners, with participation from Valor Capital Group and Jump Trading Group as new investors. Existing shareholders J.P.

Cross-Border

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

Fintech Finance

OCTOBER 15, 2024

RTGS.global , the next generation settlement company revolutionising cross-border payments, has today announced the launch of a unique solution for Payment Service Providers (PSPs) that will enable them to offer cheaper and faster international payments to their retail and corporate customers.

Cross-Border

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 Fintech Times

AUGUST 28, 2024

“The HKMA looks forward to collaborating with the SFC, other central banking institutions, academia, and all relevant industry participants to further drive innovation and progress in the Hong Kong tokenisation market.” It supports transactions between accounts within the same bank, as well as cross-bank transactions.

Interbank Settlement

The Fintech Times

JULY 15, 2024

BNP Paribas , the multinational bank, is joining forces with Ant International , a digital payment and financial technology leader, in a move to enhance cross-border payment solutions for merchants and consumers across Europe.

Cross-Border Payments

PYMNTS

APRIL 15, 2020

While China continues to slowly open up its financial services market to foreign participants to drive competition in areas like mobile payments and banking, when it comes to B2B payments, the market remains dominated by Chinese traditional banks. It’s not without its drawbacks, however. “We can clear it locally.”

Correspondent Bank

PYMNTS

NOVEMBER 14, 2018

What does that mean for liquidity? “One of the difficulties currently is that motivation amongst some industry participants [to adopt real-time liquidity] is relatively limited,” Deutsche Bank noted. This adoption curve is likely to repeat itself in a real-time payments environment, the report predicted.

Real Time Payments

PYMNTS

DECEMBER 12, 2019

that aim to lower barriers for FinTechs to participate, she said. The more we look at this as a big bang or a rip-and-replace, the more hesitancy participants are going to have to move forward.”. On the other are regulations in place that Killam noted could hinder real-time payments progress, most notably U.S. In the U.S.

RTP

Finovate

JULY 26, 2024

Valor Capital Group and Jump Trading Group also participated as new investors along with existing shareholders J.P. 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.

AI

Faster Payments Council

SEPTEMBER 23, 2023

In a Faster Payments world, the process of making cross-border payments is typically faster and more efficient. Participating organizations will share insights gained and how they will implement these standards to catalyze instant payments adoption with a streamlined RFP customer experience.

FPC

The Fintech Times

JULY 24, 2024

Both offer similar services, but FedNow participants can transfer funds from their Federal Reserve master account, which means they have an extra pool of resources for liquidity management. RTP, on the other hand, is interoperable which allows third-party apps like Zelle to access and build products on.

FedNow

PYMNTS

SEPTEMBER 4, 2018

Deutsche Bank noted that this can have multiple positive impacts on corporate treasury, including faster cross-currency payments, faster FX exposure management, and faster actions taken to address FX volatility. Deutsche Bank pointed to cash pooling processes as a key area that can benefit from real-time payments.

Faster Payments

Clearly Payments

AUGUST 1, 2024

These fees are designed to cover various costs, including fraud prevention, risk management, and transaction processing. The rates vary based on several factors, including the type of card (credit or debit), the nature of the transaction (domestic or cross-border), and the industry sector.

Process

Segpay

JUNE 25, 2024

SEPA DD is a common choice because it simplifies recurring payments, especially across borders within the SEPA area. Subscription businesses can use SEPA DD to attract young shoppers, and compared to card payments, it applies low fees for domestic and cross-border payments. This improves cash flow for businesses.

Online and Mobile Banking

PYMNTS

SEPTEMBER 26, 2019

Though the manic blockchain hype of 2018 has died down somewhat, FinTechs, banks and corporates continue to collaborate and innovate as they develop distributed ledger technology solutions for a range of use cases, including faster cross-border transactions. The technology uses a stablecoin linked to the U.S.

Blockchain

Faster Payments Council

MARCH 30, 2022

Financial institutions require 24/7 connectivity, real-time settlement and liquidity management, customer interfaces, and fraud mitigation tools to prepare their underlying systems for instant payments. Panelists will share takeaways on the faster payments experience in the UK, Africa, India as well as for cross-border transactions.

FPC

The Payments Association

MARCH 18, 2025

Limited access to banking services has, in turn, constrained these firms’ ability to operate efficiently within the broader financial system, including in areas such as payments, settlements, and liquidity management. While the US has shifted, global jurisdictions must keep pace. How are banks likely to respond?

Federal Reserve

Fintech News

FEBRUARY 12, 2025

The oversubscribed round was co-led by Quona Capital and PayPal Ventures, with participation from Citi Ventures. 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.

Treasury Management

The Payments Association

APRIL 14, 2025

Related links: Financial promotion rules for cryptoassets Financial promotions data 2024 Top regulatory priorities for the payments sector Mandatory adoption of ISO 20022 for cross-border payments (final preparations Q2) The transition to ISO 20022 for cross-border payments is a fundamental shift in global financial messaging standards.

Regulations

The Payments Association

MAY 20, 2025

The main use case for stablecoins is cross-border payments, and it is critical that the UK remains competitive to enhance stablecoin adoption, especially for non-USD issuers." First, firms should assess whether stablecoins could enhance treasury or settlement operationsparticularly in cross-border flows.

Stablecoins