Fintech News

NOVEMBER 12, 2024

The ninth edition of the Singapore Fintech Festival (SFF) wrapped up on 8th November, concluding a dynamic week-long of celebration of fintech that brought together tens of thousands of participants from around the world. However, challenges remain, particularly regarding interoperability.

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FinTech Cross-Border Payments Cross-Border Payment APIs and Integration 111

The Payments Association

MAY 3, 2025

Participants tackled five central themes: underleveraged innovation, the operationalisation of AI, regulatory challenges, the evolution of embedded finance, and strategic risk planning for 2025 and beyond. What matters is delivering whats critical to the customerwhether thats speed, interoperability, or something else entirely.

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Payment APIs and Integration Cross-Border Embedded Finance Payments 88

The Payments Association

JULY 18, 2025

Across the EU, operational resilience, real-time payments, and the steady rollout of the Markets in Crypto-Assets Regulation (MiCA) are redefining compliance baselines for digital finance. Globally, preparations for central bank digital currencies and evolving open finance frameworks signal longer-term structural change.

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Regulations Payments Payment APIs and Integration Legal 88

Finextra

JULY 4, 2025

Home Announcements Crypto YZi Labs joins Digital Asset funding round External This content is provided by an external author without editing by Finextra. The network has seen notable growth over the past year with nearly 400 participants across its ecosystem, including global leaders in both traditional and decentralized finance.

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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). The participants noted significant improvements in the efficiency, cost, speed, and transparency of cross-border transactions.

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CBDC Distributed Ledger Technology (DLT) Cross-Border Central Bank 116

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. The country stands out in this regard.

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CBDC Transactions Payment APIs and Integration Cross-Border 131

The Fintech Times

APRIL 17, 2024

This collaborative effort within the financial services sector aims to explore avenues for users to conduct payments, transactions and settle obligations within the evolving digital marketplaces of tomorrow. This strategic choice highlights their complementary methods in achieving interoperability as well as seamless integration.

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Blockchain Payment APIs and Integration Finance Digital Payments 137

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.

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CBDC SWIFT Interoperability Settlement 111

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.

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Interoperability Payment APIs and Integration Central Bank Cross-Border 147

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). Institutional investors focus on digital assets.

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Settlement Cryptocurrency Blockchain Digital Currency 139

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 .

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Real Time Payments NACHA SWIFT TCH 125

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). The platform now invites further international participation and private sector proposals for value-added solutions.

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

Fintech Finance

MAY 29, 2025

The round was co-led by Dragonfly and Altos Ventures , with participation from Sound Ventures , Commerce Ventures , DCG , Circle Ventures (the issuer of the USDC stablecoin) and existing investors Helios Digital Ventures , and Portage Ventures.

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Cross-Border Payments Cross-Border Stablecoins SWIFT 81

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.

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FinTech Cross-Border CBDC Web 3.0 111

Fintech News

JUNE 19, 2024

Be it central bank digital currencies (CBDCs), a tokenised digital Singapore Dollar, or various initiatives backed by governmental regulators, stablecoins are one of the more pivotal developments in the world of cryptocurrencies and blockchain technology.

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Stablecoins Cross-Border Cross-Border Payments Blockchain 116

Fintech News

AUGUST 8, 2024

In the dynamic financial landscape of the Asia-Pacific (APAC) region, private banks, asset managers, fund managers, and other capital market participants are increasingly recognising the pivotal role of Swift connectivity. It is also essential to collaborate on interoperability between traditional finance and tokenised/digital assets.

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Fintech Finance

SEPTEMBER 24, 2024

The Manifesto describes the 66 policies recommended by the 216 payments professionals who participate in The Payments Association’s stakeholder working groups. These cover financial crime, regulation, open banking, ESG, cross-border payments, digital currencies and financial inclusion.

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Cross-Border Payments Financial Inclusion Cross-Border Payments 95

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.

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

Fintech News

AUGUST 23, 2024

Participants will discuss emerging market trends and strategies for maintaining resilience amidst global economic challenges. This one-day event will gather leaders from the banking and insurance sectors to explore the latest trends in digital transformation.

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Fintech Review

JULY 10, 2024

By leveraging cryptocurrencies and smart contracts, DeFi circumvents barriers such as geographic limitations and bureaucratic hurdles, thereby empowering users to actively participate in global financial markets. Interoperability with traditional financial systems presents another significant hurdle.

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Finance Financial Inclusion Underserved Blockchain 97

PYMNTS

MARCH 15, 2019

The digital currency is currently used by the R3 Corda platform in its settlement process to facilitate movement of money across borders. Reports mused that R3’s appointment may give a boost to Ripple , which is working with the R3 Consortium to expand use of its XRP cryptocurrency. And there will be a few that survive.”.

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Finance Visa Blockchain Interoperability 76

PYMNTS

DECEMBER 4, 2018

KuCoin , a digital currency exchange based in Singapore, has rolled out support for the trading of the Ripple XRP cryptocurrency, Cryptovest reported. The exchange will reportedly open withdrawals for the digital currency on Wednesday (Dec.

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Blockchain Bitcoin Digital Currency Interoperability 59

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.

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Cross-Border Use Case SWIFT CBDC 52

Faster Payments Council

MARCH 15, 2023

Whether we will see these services gain traction is tied to what many believe to be a major hurdle–interoperability. FedNow may not interoperate with RTP, and it doesn't seem to be a priority for either. C2B) to better capture the benefits of digital and mobile transacting, and how it's beginning to happen in the U.S.,

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FPC ISO 20022 Federal Reserve Cross-Border Payments 88

PYMNTS

AUGUST 7, 2020

Federal Reserve Board members this week shed some light on the timing and mechanics of FedNow — an always-on, fully interoperable interbank-settlement service that will give rise to instant payments in the United States. For the Federal Reserve, real-time payments will take time — three or four years’ time, to be specific.

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Fed Instant Payments FedNow Interbank Settlement 75

Faster Payments Council

FEBRUARY 6, 2022

It also identified interoperability approaches, along with associated settlement schemes that are necessary to create a world-class cross-border payment system. And other industry participants and FPC Members are working towards real-time cross-border payments as well. A number of U.S. A number of U.S.

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Faster Payments Cross-Border Payments Cross-Border FPC 68

Fintech News

DECEMBER 13, 2024

It is particularly important in countries with a history of currency crises, where stablecoins can offer a tool for greater economic stability and resilience. These initiatives also seem to complement ongoing efforts to develop Central Bank Digital Currencies (CBDCs), as both digital assets aim to modernise traditional financial systems.

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Stablecoins Cross-Border Cross-Border Payments Caps 111

The Payments Association

MAY 7, 2025

While institutional-grade assets such as commercial properties, infrastructure projects and large-scale property funds are already being tokenised, the continued development of secondary markets will help reduce illiquidity discounts and encourage greater participation.

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Settlement Liquidity Management Treasury Blockchain 88

Fintech News

FEBRUARY 27, 2024

The Reserve Bank of Australia (RBA) also played a crucial role by exploring the concept of retail and wholesale Central Bank Digital Currencies (CBDC) through its eAUD pilot programme , which focused on a wide array of use cases and essential legal aspects. Additionally, MAS finalised its framework for the issuance of stablecoins.

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APACS Regulations Stablecoins Cryptocurrency 133

Fintech News

OCTOBER 16, 2024

Building on its success in 2023, which attracted over 66,000 participants from 150 countries, SFF 2024 will feature a distinguished lineup of global central bankers, regulators, industry leaders, entrepreneurs, investors, innovators, and influencers.

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FinTech Cross-Border Payments AI Innovation 116

PYMNTS

OCTOBER 7, 2019

Digital wallet providers have to be okay with the promise that they’ll be able to participate, once Calibra gets off the ground and beyond the initial P2P use cases that many of them already enable today. Alipay leveraged existing bank and card rails to scale. Libra leadership say that they are patient and are in it for the long haul.

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Regulations Payment Networks Cross-Border Cryptocurrency 79

PYMNTS

MARCH 28, 2017

According to Maoloni, financial institutions in the country invest in the interoperability that’s required and then compete for customer acquisition outside of that, but for the core infrastructure that’s required to move the industry forward, they tend to cooperate fairly well. This makes sense since there is value in digitizing currencies.

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Faster Payments Payments Payment APIs and Integration Near Real-Time 52

PYMNTS

AUGUST 30, 2018

Another player, digital currency solution provider Stellar, recently secured $3 million in funding from Stripe to establish its own global payments network. As more companies participate in the global economy, they are often met by a host of challenges, from paying overseas employees to trading with international partners.

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

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. For years, the Fed’s payments folks have been wracking their brains to figure out a way to remain relevant in a digital payments world in which it was becoming increasingly less so.

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Fed Faster Payments Ubiquitous Same Day ACH 47

Fintech News

MAY 8, 2024

As digital technologies continue to transform the financial landscape, central banks worldwide are exploring the potential of Central Bank Digital Currencies (CBDCs). The project evolved, incorporating enhanced functionalities, cross-border fund transfers, and a Corporate CBDC Pilot Program.

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CBDC Bots Real Time Gross Settlement (RTGS) Non-Bank 126

CB Insights

MAY 8, 2018

CryptoKitties , for example, is a dApp that issues crypto-collectible digital cats. Its $12M Series A at the end of March also saw participation from Andreessen. The firm participated in multiple rounds to Earn (fka 21), which was first a bitcoin mining company, and popular exchange Coinbase.

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Blockchain Technology Cryptocurrency Use Case 75

Finextra

JUNE 30, 2025

MiCA does not cover central bank digital currencies (CBDCs), but it allows regulated financial institutions (e.g. Together with the STABLE Act that sets rules for the overall crypto market, they are are expected to provide the legal certainty needed for more banks and businesses to participate in the stablecoin market.

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Stablecoins Finance Cross-Border Payment APIs and Integration 52