Clearly Payments

AUGUST 29, 2024

Central Bank Digital Currencies (CBDCs) have received attention in recent years as central banks worldwide explore the potential to evolve the way we conduct financial transactions. With the rise of digital payments, cryptocurrencies, and fintech innovations, CBDCs represent a new frontier in the evolution of money.

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Central Bank Digital Currency CBDC Cross-Border Payments 105

Fintech News

NOVEMBER 20, 2024

Yellow Card, Africa’s largest licensed stablecoin on/off-ramp fintech, will also leverage PYUSD to facilitate transactions. ” said Jose Fernandez da Ponte, Senior Vice President of Blockchain, Cryptocurrency, and Digital Currencies, PayPal. .” said Jean Henri Lhuillier, President and CEO of Cebuana Lhuillier.

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Cross-Border Cross-Border Payments PayPal Financial Inclusion 130

Fintech News

NOVEMBER 3, 2024

Project mBridge is a major cross-border payments initiative designed to leverage wholesale central bank digital currencies (CBDCs). Carstens reiterated that BIS projects adhere to international regulations to avoid facilitating sanctioned activities.

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Cross-Border Payments Cross-Border Central Bank Settlement 123

Fintech News

NOVEMBER 4, 2024

The pilot showcased how financial institutions can use Swift’s infrastructure to facilitate off-chain cash settlements for tokenised funds with fiat payment systems across more than 11,500 financial institutions in over 200 countries. ” said Sergey Nazarov, Co-Founder of Chainlink.

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SWIFT Settlement Blockchain Facilitators 109

Fintech News

NOVEMBER 12, 2024

The wallet facilitates transactions using PBM and was unveiled at the Ethereum Foundation’s conference. This system allows for direct payments at approximately 100 participating merchants, further streamlining the payment process and promoting the adoption of digital currencies within Thailand.

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Stablecoins Bots Financial Inclusion Payments 116

Fintech Finance

NOVEMBER 5, 2024

For digital assets to be adopted globally, they must seamlessly integrate with both existing payment systems and digital currencies,” said Jonathan Ehrenfeld, Head of Strategy, Swift. “Chainlink is enabling institutions to reuse Swift’s infrastructure to facilitate payments for digital asset transactions.

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SWIFT Innovation Digital Currency Blockchain 103

PYMNTS

JANUARY 20, 2020

As part of those efforts, the lab is being used to explore “whether there is a role for a digital Australian dollar — that is, an Australian [central bank digital currency (CBDC)] — in the context of the bank’s responsibilities for issuing the currency and overseeing the payments system.”. The Rewards.

Digital Currency 87

Digital Currency CBDC Retail Payments Central Bank 87

Finovate

JUNE 16, 2025

Walmart Walmart filed a patent for a USD-backed digital currency in 2019. And for consumer-facing businesses that offer rewards or loyalty programs, stablecoins present an opportunity to merge loyalty and payment into a single, seamless digital currency. 2) What is your level of consumer trust?

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Stablecoins Settlement Multi-Currency Cross-Border 81

The Fintech Times

NOVEMBER 4, 2024

We are encouraged by the keen participation from financial institutions and fellow policymakers to co-create industry standards and risk management frameworks to facilitate commercial deployment of tokenised capital markets products, and scale tokenised markets on an industry-wide basis.”

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Authorization CBDC Multi-Currency Settlement 83

PYMNTS

NOVEMBER 7, 2016

4) it inked a partnership with Banque Régionale de Marchés (BRM) to provide a digital currency in the West African Economic and Monetary Union (WAEMU). The company noted that the digital currency is a high security digital instrument that can be used in all mobile money and eMoney wallets.

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Digital Currency Financial Inclusion Interoperability Central Bank 73

PYMNTS

MAY 1, 2020

In many ways, the rise of crypto and digital currencies like Bitcoin aims to address some of these issues, empowering payers and payees with a way of bypassing the “middleman” of the inter-banking system for faster transaction speeds. Choice, he said, is key to guiding corporates toward a digital currency ecosystem.

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Digital Currency Accounts Cross-Border Stablecoins 68

PYMNTS

DECEMBER 28, 2020

Digital currencies could render the SWIFT global payments network unnecessary, RT.com reported, citing the Central Bank of Russia (CBR). Olga Skorobogatova, first deputy governor of the CBR, said 30 countries are working on their own national digital currencies, some of which could launch in five to seven years.

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Central Bank SWIFT Digital Currency CBDC 142

Fintech News

JANUARY 20, 2025

Singapore embraces digital currencies, combining cutting-edge innovation with solid regulations to ensure a safe trading environment. Cryptocurrency is a digital currency form that uses cryptographic technology to secure transactions and control the creation of new units. Youre in the right place. What is Cryptocurrency?

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Cryptocurrency Credit Cards Verification Blockchain 113

Trade Credit & Liquidity Management

JUNE 24, 2025

This marks the first time a banking technology provider in the region has natively integrated USDC, aiming to bridge digital currencies and traditional financial systems. Industry Impact The move is described as a “game-changer” for banks and fintechs seeking global operations with near-instant settlement and low costs.

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Stablecoins Multi-Currency Interoperability Cross-Border Payments 52

PYMNTS

SEPTEMBER 25, 2020

Cleveland Federal Reserve President Loretta Mester said in a speech this week that a digital dollar could conceivably be a form of money transfer that would enable the Fed to disburse money to all individuals in America. Her speech, entitled “Payment and the Pandemic,” included a section on digital currencies.

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Fed Federal Reserve Digital Currency Central Bank 132

Fintech News

OCTOBER 16, 2024

The project focuses on enhancing transaction speed and efficiency through the integration of blockchain and stablecoins, digital currencies tied to assets such as the U.S. The use of stablecoins also streamlines currency conversion processes, facilitating easier transfers between digital and local currencies.

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Cross-Border Payments Cross-Border Stablecoins Digital Currency 136

PYMNTS

DECEMBER 4, 2019

4), with separate reports noting that the collaboration aims to deploy a digital currency for B2B payments. MUFG is already operating in the digital currency space, having developed a proprietary digital token, dubbed Coin, earlier this year. No other decision has been made in this regard at this time.”.

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Digital Currency B2B Funds Transfer Settlement 52

Stax

APRIL 10, 2025

The payment method is facilitated by digital wallets like Apple Pay, Google Pay, and Samsung Pay. With mobile payments, digital wallets typically come in the form of an app on your customers smartphone that holds the buyers pre-stored card information. Digital currencies continue to experience extreme price volatility.

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Small Business Wire Transfer BNPL ACH 88

Fintech News

MARCH 18, 2024

This initiative aims to offer users more convenience by enabling the conversion of digital currencies, like stablecoins, into spendable funds within their GrabPay Wallets. The supported stablecoins at this stage include StraitsX Singapore Dollar (XSGD), Tether (USDT), and USD Coin (USDC). experiences among its users in Singapore.

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Stablecoins Digital Currency Blockchain On-Demand 128

Fintech News

JANUARY 30, 2024

Other payment trends in Asia preceding 2024 including the rise of B2B buy now pay later (BNPL), growing prominence of central bank digital currency (CBDC), and prevalence of composable, cloud-based ‘as-a-Service’ IT architecture models have helped shape much of what we anticipate for 2024.

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Payments Trends Digital Currency Distributed Ledger Technology (DLT) Cross-Border Payments 120

Fintech News

JANUARY 21, 2025

Additionally, central bank digital currencies (CBDCs) are now a key trend, with initiatives such as Project Orchid in Singapore, the Digital Rupiah in Indonesia, and a retail CBDC project being piloted in Thailand. Artificial intelligence (AI) is also gaining traction, particularly for risk assessment and operational efficiency.

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Payment APIs and Integration Finance Cross-Border API 109

The Fintech Times

JULY 12, 2024

As the popularity of digital currencies grows in the region, firms are looking to bridge the worlds of decentralised finance with traditional finance to make offerings more accessible to all. Together, CPICIMHK and AMINA Group are providing a bridge between the established financial sector and the emerging world of digital assets.

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Digital Currency APACS Blockchain Risk Management 64

Fintech News

MARCH 24, 2025

Similarly, Hong Kong supports crypto innovation through a highly advanced digital infrastructure and strong cybersecurity measures. Education also plays a key role, with leading universities including the National University of Singapore (NUS) and the Singapore Management University (SMU), offering specialized blockchain programs.

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APACS Verification Fraud Detection Money Laundering 87

PYMNTS

JUNE 10, 2020

The Bank of Ghana continues to consider the creation of a digital currency, GhanaWeb reported. Dr. Maxwell Opoku-Afari, the bank’s first deputy governor, reportedly said during a digital workshop that the bank remains steadfast in facilitating innovation and piloting ideas like a central bank cryptocurrency.

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Digital Currency Accounts Money Laundering Central Bank 53

Stax

MARCH 11, 2025

There are six main payment methods used in online payments, including credit & debit cards, digital wallets, ACH & bank transfers, direct debit, Buy Now, Pay Later (BNPL) services, and cryptocurrencies. The provider must offer the features you need to facilitate your chosen sales model.

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Online Payment Processing Process Payment Gateways Online and Mobile Banking 88

The Fintech Times

MARCH 5, 2025

First Digital Labs is building a portfolio of stablecoins which are designed to meet the needs of global businesses and institutions to facilitate efficient and compliant global expansion, cross-border payments and trade settlements.

Stablecoins 64

Stablecoins Cross-Border Payments Multi-Currency Cross-Border 64

PYMNTS

NOVEMBER 12, 2020

Crypto payment services provider BitPay has unveiled a new mass payout offering, BitPay Send, which lets entities of different sizes make payments to workers, clients, affiliates, suppliers, contractors and others with digital currency, according to a Thursday (Nov. 12) announcement.

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Stablecoins Bitcoin Digital Currency CBDC 110

Payments Source

SEPTEMBER 21, 2016

based digital-currency exchange founded by entrepreneurs Cameron and Tyler Winklevoss, is introducing a daily bitcoin auction to facilitate price discovery and larger trades at lower costs. Gemini Trust Co.,

Bitcoin 85

Bitcoin Digital Currency Facilitators Technology 85

The Fintech Times

NOVEMBER 8, 2024

The solution, dubbed UBS Digital Cash, aims to increase the transparency and security of cross-border payments with blockchain-based payments. UBS Digital Cash looks to facilitate timely payment processing to combat this.

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Cross-Border Cross-Border Payments Payment Solutions Blockchain 59

The Payments Association

DECEMBER 17, 2024

RLUSD is ideal for financial use cases and allows institutions to: Facilitate instant settlement of cross-border payments. Reliably bridge between traditional fiat currencies and the crypto ecosystem, ensuring a seamless and efficient transition when entering (on-ramping) or exiting (off-ramping) the crypto space.

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Stablecoins Compliance Federal Reserve Cross-Border Payments 88

Fintech News

OCTOBER 23, 2024

Australia has unveiled a three-year initiative to explore the potential of central bank digital currencies (CBDCs) with a focus on wholesale CBDC opportunities, industry outreach and regulatory improvements, Brad Jones, Assistant Governor (Financial System) at the Reserve Bank of Australia (RBA), told the audience at an industry event in September.

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Central Bank CBDC Settlement Treasury 129

PYMNTS

OCTOBER 27, 2019

The law will regulate the use of cryptography, facilitate the cryptography business and establish cybersecurity, according to the NPC Constitution and Law Committee , the news agency reported. David Marcus , the executive in charge of Facebook’s proposed digital currency, said if Libra fails, the U.S.

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Digital Currency Laws Cybersecurity Money Laundering 43

Fintech News

MAY 27, 2024

Central bank digital currencies (CBDCs) have largely existed in the virtual realm, with transactions initiated primarily through web and mobile interfaces. It was a contactless payment on POS using a card issued by Eurasian Bank JSC on the Way4 digital payments software system.

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CBDC Transactions Payment APIs and Integration Cross-Border 129

Fintech News

DECEMBER 4, 2023

Australian cryptocurrency exchange Independent Reserve has forged a new partnership with RelayPay, a digital currency payments platform. This collaboration aims to facilitate cryptocurrency transactions for Independent Reserve’s business clients in Australia and New Zealand.

Digital Currency 109

Digital Currency Cryptocurrency Bitcoin Payments 109

Fintech News

APRIL 10, 2024

As the adoption of these digital assets grows, the BIS stresses the importance of a regulatory framework that balances innovation with risk mitigation and highlights the potential for stablecoins to interoperate with other digital currencies, such as Central Bank Digital Currencies (CBDCs) and tokenised deposits.

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Stablecoins Regulations Risk Mitigation Digital Currency 125

PYMNTS

MARCH 19, 2020

Thai FinTech firm DeeMoney is teaming with enterprise blockchain solution Ripple to facilitate quicker and less expensive cross-border money transfers, according to an announcement. DeeMoney is using RippleNet to process inbound payments coming into Thailand as of now, and it is the first non-bank institution in the country to use RippleNet.

Digital Currency 53

Digital Currency Non-Bank Cross-Border Bitcoin 53

Fintech News

DECEMBER 11, 2023

SC Ventures, the innovation, fintech investment, and ventures arm of Standard Chartered, and Giesecke+Devrient (G+D) successfully completed a proof-of-concept (PoC) on the Universal Digital Payments Network (UDPN). Central Bank Digital Currencies must therefore be able to work together quickly, easily and securely across national borders.

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CBDC Distributed Ledger Technology (DLT) Cross-Border Central Bank 113