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BIS Completes Project Mandala, Automating Cross-Border Transaction Compliance

Fintech News

The Bank for International Settlements (BIS) and a group of central banks have successfully completed Project Mandala demonstrating automated compliance for cross-border transactions. We are optimistic about the potential of these early results to enhance cross border payments.”

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6 Asian Companies Recognized Among the World’s Most Promising in Cross-Border Payments

Fintech News

FXC Intelligence, a data platform specializing in the cross-border payment and e-commerce sectors, has released its annual selection of the world’s most promising cross-border payments companies in 2024. Another company from Singapore featured on the list is Tazapay.

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Nium, Kinexys by JP Morgan Enhance Cross-Border Payment Accuracy in Asia

Fintech News

Morgan (formerly Onyx) to enhance cross-border payment accuracy in Malaysia, Thailand, and Hong Kong, This makes Nium the first fintech to provide data for validating bank account details in these markets. This scalable network ensures streamlined payment processes while maintaining sovereignty, security, and privacy.

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13 APAC-Born Companies Recognized Among Top Global Cross-Border Payment Leaders of 2025

Fintech News

FXC Intelligence, a data platform specializing in the cross-border payment and e-commerce sectors, has released its annual Cross-Border Payments 100 list, highlighting the 100 most influential players in global payments. Released on May 08, the 2025 Cross-Border Payments 100 recognizes industry leaders across the sector.

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UOB Becomes Direct Participant in China’s Cross-Border Payment System

Fintech News

UOB and its wholly owned subsidiary UOB China have signed agreements to become direct participants of China’s Cross-border Interbank Payment System (CIPS). This strengthens their ability to support cross-border renminbi (RMB) transactions. As of May 2025, it connects 174 direct and 1,509 indirect participants globally.

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Thunes and Circle to Facilitate Faster Cross-Border Payments with USDC Stablecoin

Fintech News

This partnership aims to enhance stablecoin liquidity management in cross-border payments. It enables members of Thunes’ global network to fund and settle international transactions using USDC, enabling faster transfers that can be processed within seconds, any day of the week. said Jeremy Allaire, Co-founder and CEO of Circle.

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dtcpay Taps Mastercard Move to Enhance Cross-Border Payment Access

Fintech News

Typical processing times range from under an hour for 60 percent of transactions to within 24 hours for 95 percent. Featured image: Edited by Fintech News Singapore, based on image by nitipong168 via Freepik The post dtcpay Taps Mastercard Move to Enhance Cross-Border Payment Access appeared first on Fintech Singapore.