PYMNTS

OCTOBER 9, 2020

In terms of collaboration, as noted in this space, the Federal Reserve is working in collaboration with seven other central banks and the Bank for International Settlements (BIS) to bring together a framework that would smooth the path to digital currency issuance. The Federal Reserve Bank has been exploring a digital currency.

Digital Currency 70

Digital Currency Central Bank CBDC Federal Reserve 70

PYMNTS

OCTOBER 1, 2020

It’s a loyalty program overhaul that Visa and Novae say makes them the first to market with a working digital currency based on converted loyalty points. Points as Cash Requires Program Interoperability. Today we're managing our own currency, which is miles. We've done]. the reception has been incredible.”.

Digital Currency 93

Digital Currency Point-of-Sale (POS) Online and Mobile Banking Interoperability 93

PYMNTS

JULY 30, 2020

The new system, slated to debut in 2022, will also have the capability to handle a central bank digital currency (CBDC), such as a digital pound, CoinDesk reports. A digital currency could be later layered onto the revamped system if and when the BoE chooses to do so, the news site reported.

Real Time Gross Settlement (RTGS) 63

Real Time Gross Settlement (RTGS) Digital Currency Central Bank CBDC 63

PYMNTS

JANUARY 21, 2020

And now, for digital currencies, it’s a group effort — among central banks, that is. Up until now, the explorations and considerations of digital currencies — as would be, potentially, issued by central banking systems to bring fiat into digital form — has been done on a country-by-country basis.

Central Bank 57

Central Bank Digital Currency CBDC Federal Reserve 57

The Payments Association

JANUARY 21, 2025

Will Marwick CEO, IFX Payments The Payments Report 2024 highlights the growing impact of digital currencies, particularly stablecoins, as transformative payment solutions. The report notes how stablecoins, supported by regulatory developments, are driving advancements in digital commerce and cross-border transactions.

Payments Trends 88

Payments Trends Financial Crimes Cross-Border Payments 88

The Fintech Times

MARCH 3, 2025

In its new manifesto, ‘ Creating the Conditions to Support Growth and Innovation in Payments ‘, The Payments Association describes the 66 policies recommended by the 216 payments professionals working across financial crime, regulation, open banking, ESG, cross-border payments, digital currencies and financial inclusion.

Governance 59

Governance Government Financial Inclusion Consumer Protection 59

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.

CBDC 129

CBDC Transactions Payment APIs and Integration Cross-Border 129

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.

CBDC 111

CBDC Distributed Ledger Technology (DLT) Cross-Border Central Bank 111

The Fintech Times

NOVEMBER 8, 2024

Client transfers at UBS are recorded and processed in a digital system for recording transactions – independent of currency, practically in real-time and around the clock. In addition to their role in correspondent banking, they also have the potential to streamline and simplify the settlement of tokenised assets in the capital market.”

Cross-Border 59

Cross-Border Cross-Border Payments Payment Solutions Blockchain 59

Open Banking Excellence

MAY 2, 2024

Within all our projects – which range from central bank digital currencies (CBDCs) to Know-Your Customer (KYC) APIs – we aim to lower entry barriers for new entrants into the ecosystem. We are an observing member of Project mBridge, which is focused on interoperable CBDCs.

Interoperability 147

Interoperability Payment APIs and Integration Central Bank Cross-Border 147

Fintech News

NOVEMBER 12, 2024

However, challenges remain, particularly regarding interoperability. To address this, stakeholders including NETS Group and Liquid Group are working on interoperable QR payment solutions that are designed to simplify processes for merchants, Chia said.

FinTech 107

FinTech Cross-Border Payments Cross-Border Payment APIs and Integration 107

The Fintech Times

APRIL 17, 2024

The project The project harnesses R3’s expertise in delivering sophisticated projects tailored for regulated markets, leveraging its pivotal shared ledger functionality through Corda, alongside its Digital Currency solution from the newly introduced R3 Digital Markets product suite.

Payment APIs and Integration 137

Payment APIs and Integration Blockchain Finance Digital Payments 137

PYMNTS

NOVEMBER 2, 2020

Tech-driven Interoperability and collaboration will finally bring trillions of dollars into the digital age, Kevin Phalen , head of global business solutions at Visa , told Karen Webster in a recent interview. Interoperability will get a boost with messaging standards such as ISO 20022. Delving Into Digital Currencies.

B2B 119

B2B Cross-Border Digital Currency Multi-Currency 119

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.

Stablecoins 122

Stablecoins Regulations Digital Currency Risk Mitigation 122

PYMNTS

OCTOBER 15, 2020

The stage may even be set for the emergence of digital currencies, and as Circle’s Allaire said digital dollars (with 500 percent growth through the past several months), among others, have “really started to become not just a technical reality, but a legal and regulatory reality as well.”. Interoperability In Focus .

Real Time Payments 125

Real Time Payments NACHA SWIFT TCH 125

Fintech News

MARCH 25, 2024

Swift, the global financial messaging cooperative, revealed that the latest round of experiments conducted within a collaborative Central Bank Digital Currency (CBDC) sandbox has shown promising results for the application of CBDCs and digital tokens.

CBDC 107

CBDC SWIFT Interoperability Settlement 107

Fintech Finance

OCTOBER 8, 2024

Interoperable and compliant with global regulations, WadzChain supports multiple digital assets and payment gateways, offering smart wallet integration, comprehensive payment features, and flexibility for businesses to operate in both public and private environments.

Global Payments 124

Global Payments Blockchain TPS Interoperability 124

The Paypers

SEPTEMBER 1, 2023

India-based YES BANK has gone live with Unified Payments Interface (UPI) interoperability on the Reserve Bank of India (RBI) Central Bank Digital Currency (CBDC) app.

CBDC 41

CBDC Interoperability Digital Currency Central Bank 41

PYMNTS

OCTOBER 21, 2020

The digital framework promoted by the EC advocates identity based on the e-IDAS framework, leveraging existing national ID schemes and public/private partnerships to achieve scale, and allow banks’ corporate and consumer customers to navigate commerce and financial services across borders in a fluid way. Ready for Digital Currencies? .

Interoperability 126

Interoperability Digital Currency Cross-Border Regulations 126

PYMNTS

JANUARY 26, 2020

Villeroy said the plans were not because of Facebook’s Libra, but because of the speed of technology and the desire for digital currency by some banks. He added that “central banks were planning experiments with digital money and that the issue would be studied by the Eurosystem eurozone central banks.”.

Central Bank 100

Central Bank CBDC Digital Currency Cross-Border 100

The Fintech Times

FEBRUARY 28, 2025

With the digital asset market projected to reach $16trillion by 2030, he warned about the risks of digital islands isolated token ecosystems lacking interoperability. The real challenge isnt creating digital assets; its making them work seamlessly across financial systems, he noted.

Embedded Finance 64

Embedded Finance AI Compliance Multi-Currency 64

Fintech Finance

JANUARY 11, 2024

The Practicalities of Cross-Border Payments in a Faster Payments World also highlights the challenges faced by fintech companies, providing insights into regulatory compliance, security, foreign exchange rate risks, lack of transparency, high costs, interoperability, data privacy, competition with financial institutions, and liquidity management.

Cross-Border Payments 93

Cross-Border Payments Cross-Border Faster Payments ISO 20022 93

Clearly Payments

JANUARY 4, 2024

As digital currencies grow in popularity , merchants around the world are exploring the potential benefits of accepting payments in cryptocurrency. Among the frontrunners is Bitcoin (BTC), widely recognized as the pioneer in the digital currency space. This is covered in the below section. What are Stablecoins?

Cryptocurrency 105

Cryptocurrency Stablecoins Cross-Border Payments Digital Currency 105

PYMNTS

AUGUST 21, 2020

Earlier this month, as PYMNTS noted , the Federal Reserve said its Boston bank is working with the Massachusetts Institute of Technology (MIT) to explore the possibility of issuing digital currency. Central bank digital currencies (or CBDCs) have been gathering steam, at least as a concept. Interoperability Is Key.

CBDC 107

CBDC Fed Federal Reserve ISO 20022 107

Fintech News

MAY 21, 2024

As the financial landscape undergoes a digital revolution, institutional investors are increasingly turning their attention to digital assets such as cryptocurrencies and Central Bank Digital Currencies (CBDCs). Key barriers restricting institutions from investing in digital assets.

Settlement 139

Settlement Cryptocurrency Blockchain Digital Currency 139

Fintech News

APRIL 24, 2025

Company Valuation ($) Segment BITMAIN Technologies 12 billion digital currency mining Jimu 1 billion lending Huisuanzhang 1.28 Company Valuation ($) Segment BITMAIN Technologies 12 billion digital currency mining Jimu 1 billion lending Huisuanzhang 1.28 billion debt investment platform eDaili 1.90 BharatPe Valuation: $2.85

FinTech 138

FinTech Online and Mobile Banking Payment APIs and Integration Finance 138

Fintech News

JANUARY 10, 2024

The top fintech trends in Singapore shaping this growth include instant cross-border transactions, generative AI across financial services, emerging digital currency uses, embedded finance “as-a-Service”, and increased ESG reporting and data convergence.

Cross-Border 114

Cross-Border FinTech Cross-Border Payments Embedded Finance 114

Fintech News

APRIL 7, 2024

trillion by 2028, Ripple aims to cater to the increasing demand for stable and reliable digital currencies. Moreover, the stablecoin’s design for multichain compatibility, initially available on the XRP Ledger and Ethereum, underscores Ripple’s commitment to interoperability across different blockchain ecosystems.

Stablecoins 120

Stablecoins Use Case Blockchain Regulatory Compliance 120

Fintech News

AUGUST 8, 2024

Sharon Toh discussed Swift’s vision for instant, frictionless, and interoperable transactions, leveraging existing services and APIs. This vision aligns with the industry’s exploration of digital assets, Central Bank Digital Currencies (CBDCs), and other emerging technologies.

ISO 20022 124

ISO 20022 APACS SWIFT ISOs 124

Payments Source

NOVEMBER 30, 2016

The bank consortium R3 CEV has released its Corda platform as open source to encourage innovation and interoperability in the industry's development of blockchain technology.

Agreements 94

Agreements Interoperability Blockchain Innovation 94

CoinRemitter

FEBRUARY 9, 2024

A Central Bank Digital Currency is a country’s official currency, presented in a digital form. CBDCs exist only in digital form and can be stored using compatible electronic devices, unlike physical and paper-based cash. If CBDCs go mainstream, they can dominate the world of digital payments.

Digital Currency 40

Digital Currency Central Bank CBDC Distributed Ledger Technology (DLT) 40

PYMNTS

SEPTEMBER 14, 2018

Digital currencies have tumbled from a January high by 80 percent, according to the MVIS CryptoCompare Digital Assets 10 Index. According to CoinMarketCap.com , the value of all digital currencies has reached the lowest level in 10 months at $187 billion. Bitcoin was priced at $6,477.77 as of 6:58 p.m.

Bitcoin 70

Bitcoin Blockchain Digital Currency Interoperability 70

Fintech Finance

MARCH 3, 2025

The Manifesto , Creating the Conditions to support Growth and Innovation in Payments, describes the 66 policies recommended by the 216 payments professionals working across financial crime, regulation, open banking, ESG, cross-border payments, digital currencies and financial inclusion.

Governance 80

Governance Government Innovation Cross-Border Payments 80

The Fintech Times

JANUARY 24, 2024

Digital assets and digital currencies continue to grow in popularity and demand. The latest way in which it aims to do this is with the launch of R3 Digital Markets. R3 Digital Markets, powered by R3’s Corda , the regulatory-compliant tokenisation platform, is a solution built to connect financial markets.

Distributed Ledger Technology (DLT) 64

Distributed Ledger Technology (DLT) Product Digital Currency Interoperability 64

The Fintech Times

SEPTEMBER 17, 2024

Xalts explained that, through its partnership with Avalanche, it will provide out-of-the-box solutions for various use cases such as the tokenisation of funds, securities, commodities and trade finance assets, digital currencies, and CDBCs.

Multi-Currency 69

Multi-Currency Use Case Blockchain Digital Currency 69

Fintech News

DECEMBER 20, 2023

Developments include cross-border quick response (QR) payment linkages, connectivity between real-time national payment schemes, and the ongoing Singapore Response Code Scheme (SGQR+) project focusing on furthering QR code payment interoperability.

FinTech 107

FinTech Cross-Border CBDC Web 3.0 107

PYMNTS

NOVEMBER 4, 2020

Morgan said it had established Onyx, a new business unit dedicated to blockchain and digital currencies. And in signs that we might be entering a new era for commercial payments done digitally, the banking giant said that for the first time it has a paying client for its JPM Coin.

Blockchain 131

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