PYMNTS

NOVEMBER 4, 2020

Morgan ’s Onyx , told Karen Webster that peer-to-peer (P2P) private blockchain networks can help streamline information flows tied to cross-border payments and remove the complexities tied to legacy systems. Morgan said it had established Onyx, a new business unit dedicated to blockchain and digital currencies.

Blockchain 131

Blockchain Cross-Border Payments Cross-Border Real Time Payments 131

Fintech Finance

MARCH 26, 2024

Interoperability is critical to Swift’s strategy for instant and frictionless transactions. The second phase of sandbox testing went further, exploring more complex use cases, using Swift’s solution to connect and orchestrate transactions across simulated digital trade and tokenised asset and FX networks, alongside CBDCs for payments.

Cross-Border 52

Cross-Border Use Case SWIFT CBDC 52

Fintech News

DECEMBER 10, 2023

Additionally, it prevents tainted payments from entering the correspondent banking network, thus bolstering security. “ We have a solution to this issue: the LexisNexis Bankers Almanac Validate which verifies global payment data and prevents fraud.

Addressing 120

Addressing Fraud Prevention Financial Inclusion Payments 120

Faster Payments Council

MARCH 15, 2023

With the system joining the existing RTP system, both promising to modernize the way money moves and allow for greater use of instant payments, it seems the shift to real-time payments is 'inevitable'. Whether we will see these services gain traction is tied to what many believe to be a major hurdle–interoperability.

FPC 88

FPC ISO 20022 Cross-Border Payments Federal Reserve 88

Fintech Finance

JULY 4, 2024

The UK’s potential as a crypto hub The association calls on the Chancellor to ensure the UK becomes a world leader in digital finance by helping the UK payments industry fully embrace the digital world and create a flourishing, innovative digital currencies ecosystem.

Scams 75

Scams Payments Interoperability Governance 75

PYMNTS

DECEMBER 18, 2019

MUFG’s Unconfirmed Digital Currency. Another show of support for blockchain-powered payments comes from Japan’s MUFG, though the bank declined to confirm the exact nature of its joint venture with human resources company Recruit Holdings. MoolahGo Explores The Interoperability Challenge.

B2B 52

B2B Credit Union Electronic Funds Transfer (EFT) RTP 52

The Fintech Times

JUNE 6, 2024

This project aims to create a multi-central bank digital currency (CBDC) platform for instant cross-border payments and settlements, leveraging distributed ledger technology (DLT). This allows it to serve as a testbed for additional technology solutions and interoperability with other platforms.

Participant 45

Participant Distributed Ledger Technology (DLT) Cross-Border Payments CBDC 45

PYMNTS

OCTOBER 1, 2018

31, 2018, will mark the 10th anniversary of the day that a link to a paper , authored by Satoshi Nakamoto , describing the digital currency called bitcoin was first publicly circulated. No one will argue that things could be more efficient, that networks could be more interoperable or that standards should be more consistent globally.

Bitcoin 85

Bitcoin Blockchain Cryptocurrency Innovation 85

PYMNTS

OCTOBER 7, 2019

Innovators in developing economies are using existing rails to ignite digital wallet schemes, including what wallet providers are doing to leverage the card rails to make their own wallets global and interoperable for their users. Alipay leveraged existing bank and card rails to scale. Four: Timing Is Everything.

Regulations 79

Regulations Payment Networks Cross-Border Cryptocurrency 79

Fintech News

OCTOBER 16, 2024

SFF 2024 will also focus on next-gen transactions, providing an overview of the current state of the global payments landscape, identifying gaps and opportunities, improving cross-border payments and showcasing cutting-edge innovations in payment technologies.

FinTech 113

FinTech Cross-Border Payments AI Innovation 113

PYMNTS

JULY 24, 2017

Soon, firms began popping up all over the country, filling in the pieces of the ubiquity puzzle essential for an interoperable network to operate at scale. Now, on Friday, 150 years since the birth of faster payments (version 1.0) No one, since without it, new payments schemes struggle, and many use cases are DOA.

Fed 47

Fed Faster Payments Ubiquitous Same Day ACH 47

PYMNTS

AUGUST 30, 2018

Ripple , for example, is claiming it can facilitate cross-border payments within two minutes, instead of two to three days. Another player, digital currency solution provider Stellar, recently secured $3 million in funding from Stripe to establish its own global payments network. And Ripple isn’t alone.

Cross-Border 40

Cross-Border Cross-Border Payments Same Day ACH SWIFT 40

Fintech Finance

NOVEMBER 21, 2024

Digital currency systems could prove to be key in improving financial inclusion and opening up new opportunities to large underbanked communities in many African countries. The UDPN aims to drive down payment and foreign exchange costs whilst accelerating the uptake of regulated digital currencies.

Payment Networks 98

Payment Networks Digital Payments Digital Currency Innovation 98

Fintech Review

MARCH 5, 2025

Stablecoins and central bank digital currencies (CBDCs) could further streamline payments by removing intermediaries. The G20 and central banks worldwide are working on improving cross-border payments. Interoperability between financial systems is becoming a key focus. Regulators also recognise the need for change.

Cross-Border Payments 76

Cross-Border Payments Cross-Border Correspondent Bank Correspondent 76

The Payments Association

APRIL 14, 2025

Related links: Financial promotion rules for cryptoassets Financial promotions data 2024 Top regulatory priorities for the payments sector Mandatory adoption of ISO 20022 for cross-border payments (final preparations Q2) The transition to ISO 20022 for cross-border payments is a fundamental shift in global financial messaging standards.

Regulations 88

Regulations ISO 20022 Cross-Border Legal 88