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Thunes Expands Real-Time Payments Network to Taiwan

Fintech News

Thunes, a global payments company specialising in cross-border transactions, has expanded its Direct Global Network to Taiwan. This expansion offers a real-time alternative to traditional cross-border payment systems for transfers to bank accounts in Taiwan. billion, a 4.4%

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Circle Launches Stablecoin Payments Network for Cross-Border Settlements

Fintech News

Circle Internet Group announced the launch of its Circle Payments Network (CPN), a new system designed to connect financial institutions for cross-border payments using regulated stablecoins. The post Circle Launches Stablecoin Payments Network for Cross-Border Settlements appeared first on Fintech Singapore.

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Mesta Launches Hybrid Fiat-Stablecoin Payment Rails for Cross-Border Payments

Fintech Finance

Mesta , a fintech platform reshaping global payment networks with hybrid fiat and stablecoin payment rails, unveiled its cross-border payment platform. It combines real-time fiat payment rails with blockchain-powered stablecoin rails, addressing inefficiencies in global payments and trade.

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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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Thunes Expands Payment Network to Taiwan, Enhancing Cross-Border Transactions

The Fintech Times

Given Taiwan’s prominent role in global trade and its economic growth, the expansion by Thunes aims to enhance the operational efficiency and security of cross-border payments, meeting the demands of the regions financial sector. per cent increase compared to January 2024.

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TCH cross-border payments on hold

Bank Automation

The Clearing Houses Real-Time Payments network is ready for cross-border payments from a technical perspective but is waiting for U.S. adoption of the network to grow to initiate the service.

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Stablecoins to streamline Cross Border Payments

Finextra

Market Size Value of cross-border payments is estimated to reach a minimum $ 250 trillion by 2027. Global non-cash commercial payments will grow at a CAGR of 11.3% 60% of corporate banks agree that cross-border real-time payments infrastructure brings a revenue opportunity.