The Payments Association

JUNE 5, 2025

Today, Paysend announced the launch of instant settlement accounts. This new feature enables PSPs, banks, marketplaces, FX brokers and freelancer/contractor EOR payroll platforms to unlock $400 billion in liquidity trapped in cross-border payment processing.

Settlement

The Payments Association

FEBRUARY 13, 2025

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.

Cross-Border Payments

Fintech News

DECEMBER 22, 2024

Cross-border payment firm XTransfer and OCBC Bank have announced a partnership to provide small and medium-sized enterprises (SMEs) with enhanced financial services for international trade. The collaboration focuses on payment processing, foreign exchange, risk management, and wealth management solutions tailored to SMEs.

Cross-Border Settlement

Fintech News

JUNE 16, 2025

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?

Cross-Border Payments

Fintech News

JUNE 11, 2025

Global payments infrastructure company TerraPay has entered into a partnership with smart payment provider Whalet to support more efficient cross-border payouts for SMEs, particularly those operating in the Asia Pacific region. It holds payment licenses in Singapore, the U.S., and Hong Kong SAR.

Cross-Border

Fintech Finance

NOVEMBER 4, 2024

With over 65 licenses globally and now six direct connections to domestic payment systems, this infrastructure enables over 63% of all Wise transactions to be completed instantly (under 20 seconds), with an average fee of 0.62%.

Instant Payments

The Payments Association

JUNE 3, 2025

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. Das added that improved liquidity due to streamlined settlement processes will reduce the need for intermediary currencies and lower the transaction costs.

CBDC

The Payments Association

MAY 16, 2025

Cross-border payment solutions : Cross-border commerce represents a significant growth opportunity but introduces substantial challenges. Currency conversion, fluctuating exchange rates, varying local regulations, and regional preferences for payment methods add layers of complexity.

Transactions

Finextra

JUNE 29, 2025

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.

Cross-Border Payments

Finextra

JULY 30, 2025

0 30 July 2025 Be the first to comment Hussam Kamel Payments Architect Icon Solutions Location London Followers 0 Opinions 3 Follow Unfollow Global payments infrastructures have undergone a gradual but fundamental shift over the past decade: Moving away from legacy formats to adopt ISO 20022, the now de facto global standard for financial messaging.

ISO 20022

Finovate

MAY 22, 2025

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.

Payment Networks

The Payments Association

JULY 23, 2025

Seamless channel interoperability : A framework that supports various formats, such as ISO 20022, SWIFT, Proprietary, and local RTP systems, enables PSPs to achieve smooth and more straight-through processing (STP) across banks, wallets, and payment networks.

ISO 20022

Fintech Finance

MARCH 18, 2025

(StoneX; NASDAQ: SNEX) and Bamboo Payment Systems (Bamboo) announce that StoneX Payments, a division of StoneX, and Bamboo have entered into a strategic partnership to expand cross-border payment offerings and coverage for global merchants. The partnership includes an undisclosed investment by StoneX.

Cross-Border Payments

Fintech Finance

DECEMBER 17, 2024

This move will enable Tietoevry Bankings client financial institutions to offer corporate customers Visa B2B Connect payments, delivering faster, more cost-effective and transparent payment options when transacting across borders.

Cross-Border

Fintech Finance

JULY 6, 2025

Morocco is the 17th country to join the Pan-African Payment and Settlement System (PAPSS) network. Developed by the African Export-Import Bank (Afreximbank) in partnership with the African Union and the AfCFTA Secretariat, PAPSS enables real-time, efficient, and cost-effective cross-border payments in local currencies.

Settlement

The Payments Association

MARCH 19, 2025

Here’s how these technologies are reshaping the payments ecosystem: Stablecoins are transforming cross-border payments by providing faster, cheaper alternatives to traditional transfers. These innovations offer businesses and consumers a way to move money faster, cheaper, and more securely.

Cross-Border

Finextra

JUNE 11, 2025

Manual Clearing Houses: Cheques remained the dominant non-cash payment instrument. Clearing houses, often managed by the RBI or lead banks, facilitated the physical exchange and settlement of cheques. This was a step towards automated recurring payments. This was labor-intensive and time-consuming.

Financial Inclusion

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

Fintech Finance

JUNE 10, 2025

Visa’s new AI-enabled solutions offer regional partners including AI platforms, fintechs, banks, and merchants a seamless way to connect to the Visa network to deliver secure, frictionless payment experiences. In Asia Pacific, Visa is working with StraitsX for stablecoin settlement.

AI

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 agreement brings together OpenPayd’s API-based payment and banking services with Circle’s infrastructure for USDC, a dollar-denominated stablecoin issued by regulated affiliates of Circle.

Stablecoins

Finovate

FEBRUARY 20, 2025

The goal of the new format is to enhance the quality of financial messaging, facilitate cross-border payments, and reduce manual processing. Finzly’s Fedwire solution provides instant settlement, real-time visibility, and complete automation for Fedwire payments.

FedWire

The Fintech Times

APRIL 30, 2025

Onafriq , the African payments gateway, is joining forces with Circle , a stablecoin-focused company and USDC issuer, to transform cross-border payments and digital financial services across Africa. This collaboration underscores our vision to democratise access to payments and drive financial inclusion across the globe.”

Cross-Border Payments

The Payments Association

APRIL 28, 2025

Key insights from the PAY360 2025 survey on current challenges and opportunities in the payments sector. It highlights how industry leaders are prioritising AI, cross-border payments, and digital currencies while grappling with regulatory, technological, and customer demands. Why is it important? What’s next?

Cross-Border Payments

Finextra

JULY 31, 2025

Home News Crypto Visa adds settlement support for more stablecoins Editorial This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Stablecoin adoption is exploding, with $27 trillion in total transaction volume globally across 1.25

Stablecoins

Fintech Finance

APRIL 7, 2025

The new offering enables Israeli and global Airwallex customers to open accounts, facilitating seamless transactions in ILS via the Israeli payment network. Transfers can be made through MASAV (ACH) or Zahav (RTGS), providing businesses with greater flexibility and efficiency in managing their global financial operations.

Multi-Currency

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

Finovate

JULY 11, 2025

EBANX partners with Peruvian digital wallet Yape Brazilian payments company EBANX announced a direct integration with Peruvian digital wallet, Yape. ” Do Payment’s new offering enables firms to better manage a range of problems faced by companies in Latin America when it comes to collecting and making payments. .

Innovation

Fintech News

MAY 29, 2025

ACI Worldwide has unveiled ACI Connetic , a new cloud-native platform designed to streamline payment processing for banks and financial institutions. The platform integrates multiple payment types, including Swift cross-border payments, real-time gross settlement systems like Target2, and SEPA Instant payment networks such as RT1 and TIPS.

Payment APIs and Integration

Finextra

JULY 16, 2025

As global finance becomes increasingly digitized, the infrastructure supporting cross-border financial services — payments, settlements, identification, compliance — has been largely constructed with the explicit aim of exclusion, rather than inclusion. It expresses the views and opinions of the author.

Cross-Border

The Fintech Times

AUGUST 1, 2025

FIS and Circle will enable US financial institutions to offer their customers the option to make domestic and cross-border stablecoin payments in USDC. Issued through Circle’s regulated affiliates, USDC is a fully-reserved payment stablecoin that is redeemable 1:1 for US dollars.

Stablecoins

Fintech Finance

JANUARY 21, 2025

Standard Chartered today announced the launch of SC PrismFX, its cross-currency Transactional foreign exchange (FX) solutions suite. Additionally, clients can benefit from automated FX payments with faster multi-destination delivery, Auto FX Conversion solution, and seamless integration with minimal operating process changes and set-up costs.

Multi-Currency

Tearsheet

JANUARY 9, 2025

. “Embedding payments and financial services into how these companies operate provides a significant opportunity to monetize the flow further and increase the value-added,” says Southall. But this brings along the long-standing challenges of B2B cross-border payment limitations, too.

Embedded Payments

Payments Dive

JUNE 17, 2025

As part of the settlement approved Monday by a federal judge, the AG also cited MoneyGram for failing to investigate errors and complaints. The settlement resolves an April 2022 civil lawsuit filed in federal court in New York City by the state and Consumer Financial Protection Bureau, which withdrew as a plaintiff in April 2025. “We

FedNow

Fintech News

OCTOBER 20, 2024

Nium, a global payments infrastructure provider, announced that financial institutions can now connect to its real-time payments network using their existing Swift infrastructure. This eliminates the need for complex and costly API integrations, making cross-border payments faster and more affordable.

Cross-Border Payments

Fintech News

NOVEMBER 5, 2024

Nium, a global payments infrastructure provider, announced a partnership with Partior , a blockchain-based clearing and settlement network, at the Singapore Fintech Festival 2024. The partnership allows financial institutions to connect with Nium for faster, more transparent cross-border payments.

Cross-Border Payments

Fintech News

AUGUST 13, 2024

In a recent webinar hosted by the Fintech News Network, experts from the Bank for International Settlements (BIS), Wise, Airwallex, and LexisNexis Risk Solutions explored the latest trends and developments in cross-border payments, emphasizing the pioneering role of Southeast Asia in this rapidly evolving landscape.

Cross-Border Payments

Fintech News

APRIL 3, 2024

The initiative, which began in late 2022, aims to make cross-border payments faster, more affordable, transparent, and inclusive, leveraging technologies like QR code-based and fast payment modalities to improve payment connectivity across the region.

Cross-Border Payments