Finovate

JULY 2, 2025

Even though some banks have issued permissioned, institutional stablecoins, they are usually used internally for payment settlement, not open to the public, and are not tradable on public blockchains. While stablecoins are best known for their use in cross-border payments, programmable payments, and in DeFi.

Stablecoins 52

Stablecoins FDIC Blockchain Treasury 52

PYMNTS

AUGUST 1, 2019

The world is becoming more interconnected, boosting demand for fast and low-cost services that enable cross-border transactions. This type of interoperability is almost exclusively used for cross-border payments, allowing consumers to make credit card purchases in countries with domestic currencies different from their own.

Cross-Border Payments 43

Cross-Border Payments Cross-Border Interoperability Electronic Funds Transfer (EFT) 43

The Paypers

JUNE 17, 2025

The primary goal of this partnership is to support cross-border transactions and digital asset operations for enterprise clients. The arrangement will allow OpenPayd to enable its clients to convert between fiat currencies and USDC, with the goal of reducing settlement friction and enabling near real-time fund transfers.

Stablecoins 36

Stablecoins Payment Networks Cross-Border Payment APIs and Integration 36

The Paypers

MARCH 19, 2019

(The Paypers) IBM has unveiled a global blockchain network, Blockchain World Wire, that will offer near real-time cross-border payment exchange and international settlement.

Cross-Border Payments 31

Cross-Border Payments Cross-Border Blockchain Near Real-Time 31

PYMNTS

JULY 24, 2018

MoneyGram is the first cross-border use case for Visa Direct,” Frew told Webster. All of those transactions will happen in near real time, he explained. I think the complexity of the cross border market can be easy to overlook ,” Holmes explained.

P2P 89

P2P Cross-Border B2C Push-to-Card 89

Tearsheet

JANUARY 9, 2025

For instance, clients can offer wallet services to their customers holding deposits for extended periods, generating interest, or enabling cross-selling opportunities, like advertising sales. But this brings along the long-standing challenges of B2B cross-border payment limitations, too.

Embedded Payments 59

Embedded Payments B2C B2B Payment APIs and Integration 59

Finance Magnates

MARCH 26, 2023

The second factor is the near real-time settlement between the two financial institutions that were doing the remittance (i.e. INTERNATIONAL PAYMENTS (CROSS-BORDER): International payments would become much more easier (as KYC, AML check would be a whole lot better). Even Bitcoins.

Cross-Border 52

Cross-Border Suspicious Activity Report (SAR) Money Laundering SARS 52

PYMNTS

SEPTEMBER 18, 2019

financial institution Wells Fargo has announced plans to pilot an internal settlement solution that operates on distributed ledger technology (DLT). In a press release on Tuesday (Sept. The digitized cash, in the form of a tokenized dollar, operates on Wells’ first blockchain platform.

Distributed Ledger Technology (DLT) 49

Distributed Ledger Technology (DLT) Stablecoins Cross-Border Cross-Border Payments 49

PYMNTS

MAY 4, 2017

Cross-border payments company Transpay is expanding with new global currencies supported by its platform. The company announced Wednesday (May 3) that it supports 11 settlement currencies that can be used to fund companies’ Transpay accounts, negating the need to convert funds before a transaction is initiated.

Cross-Border 40

Cross-Border Cross-Border Payments Near Real-Time Wire 40

BitPay

APRIL 25, 2023

Ahead we’ll take a closer look at what makes stablecoins a leading option for cross-border crypto payments. Stablecoins’ lack of volatility and widespread acceptance makes them one of the best types of crypto for cross-border payments and payouts. No headaches, no crypto knowledge required.

Stablecoins 52

Stablecoins Cross-Border Cross-Border Payments Payroll 52

Finovate

MAY 27, 2025

Worldpay is leveraging BVNK’s embedded wallet infrastructure to allow its commercial clients across more than 180 markets to pay customers, contractors, creators, sellers, and other third parties using stablecoins in near-real-time. The company plans to pilot stablecoins on the platform in the second half of this year.

Stablecoins 52

Stablecoins Multi-Currency Near Real-Time Cross-Border 52

PYMNTS

AUGUST 7, 2020

For the Federal Reserve, real-time payments will take time — three or four years’ time, to be specific. The Fed is defining instant payments as a subset of payments in which an end user receives funds in near real time, with immediate interbank settlement of the payment also having occurred.

Fed 75

Fed Instant Payments FedNow Interbank Settlement 75

PYMNTS

SEPTEMBER 6, 2018

To that end, IBM said it launched its Blockchain World Wire , billed as a cross-border payment system that is powered by the Stellar blockchain network. The company said that the Blockchain World Wire can simultaneously clear and settle cross-border payments in near real time.

SWIFT 40

SWIFT Payment Initiation Caps Cross-Border Payments 40

Segpay

JUNE 25, 2024

Transaction Settlement : The PSP or intermediary ensures that the funds are settled between the customer’s and merchant’s banks, typically through the banking system’s clearing and settlement processes. Faster Settlement : Pay by Bank transactions often offer real-time or near-real-time settlement.

Online and Mobile Banking 52

Online and Mobile Banking Payments Settlement Transactions 52

PYMNTS

JULY 24, 2017

One such innovator recognized the vast commerce potential that could be unlocked if new technologies were used to move money and messaging between people in near real-time. His ask, at the time, was nothing more than to meet again once he rustled up some capital and a few like-minded innovators to further flesh out his idea.

Fed 47

Fed Faster Payments Ubiquitous Same Day ACH 47

PYMNTS

OCTOBER 1, 2018

While bitcoin and crypto garner the headlines, innovators are taking the best of distributed, permissioned, secure and private ledger tech, and digitizing assets issued by regulated financial services companies and governments to clear and settle transactions in near real time, globally, at scale.

Bitcoin 85

Bitcoin Blockchain Cryptocurrency Innovation 85

Fintech Labs Insights

JANUARY 12, 2017

Areas of focus include clearing and settlement, wholesale payments, equity and debt issuance, and reference data. Ripple is also involved in India’s Axis Bank and it plans to use Ripple’s network for real-time settlement of cross-border transactions. 2016 was a major year for Ripple.

Blocks 21

Blocks Blockchain FinTech Bitcoin 21

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 61

Blockchain Cross-Border Cross-Border Payments Liquidity Management 61

The Fintech Times

APRIL 15, 2025

The new GBP-denominated blockchain accounts from Kinexys will enable clients to conduct quick cross-border transactions , including 24/7 foreign exchange ( FX ). Clients will be able to access funds on demand with weekend processing and extended same-day FX settlements, offering enhanced flexibility, speed and efficiency.

Deposit Account 100

Deposit Account Cross-Border Blockchain Accounts 100

Fintech Finance

APRIL 13, 2025

SwapAgent Ltd (“SwapAgent”), an LSEG Post Trade Solutions business, and Trafigura will be the first clients to open London accounts on the platform, marking the first time in the UK that companies will actively be using blockchain accounts for 24/7 real-time payments and cross-border transactions.

Deposit Account 59

Deposit Account Blockchain Cross-Border Accounts 59