The Fintech Times

NOVEMBER 4, 2024

These are: Liquidity Foundational infrastructure Standardised frameworks and protocols Common settlement assets Phase one – liquidity The first phase of MAS’ plan to advance tokenisation in financial services is to deepen the liquidity of tokenised assets through the formation of commercial networks.

Authorization 83

Authorization CBDC Multi-Currency Settlement 83

Fintech News

SEPTEMBER 11, 2024

Initially, these will use fiat currencies, but Swift plans to eventually integrate tokenised forms of money such as central bank digital currencies (CBDCs) and stablecoins. Swift is also addressing the growing fragmentation in the digital asset ecosystem.

SWIFT 145

SWIFT Multi-Currency CBDC Interoperability 145

The Payments Association

JUNE 3, 2025

Tokenisation is now a core enabler of secure, interoperable digital paymentspowering embedded finance, asset tokenisation, and evolving identity flows. Once a system for masking sensitive data, tokenisation has evolved into a foundational technology for enabling secure, interoperable, and scalable digital payments.

Security 88

Security Payment APIs and Integration Payment Security Credential 88

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. Cross-border payments often lead to delayed settlements, creating a fragmented view of liquidity positions for companies.

Cross-Border 59

Cross-Border Cross-Border Payments Payment Solutions Blockchain 59

PYMNTS

SEPTEMBER 8, 2020

The race toward central bank digital currencies (CBDCs) is tightening, with Brazil reportedly looking to launch one by 2022 in a bid to help digitize payments. Roberto Campos Neto, president of Brazil’s central bank, said his country’s new digital currency will work in concert with its new instant-payments system. “To

Digital Currency 87

Digital Currency Central Bank CBDC Instant Payments 87

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 109

FinTech Cross-Border Payments Cross-Border Payment APIs and Integration 109

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

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). Meanwhile, the the direct model is where central banks manage wallets and settlements within a centralised CBDC system.

CBDC 113

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

PYMNTS

JULY 30, 2020

s central bank announced on Thursday (July 30) that it has hired IT firm Accenture to revamp and modernize what is known as the Real-Time Gross Settlement (RTGS) service, which handles daily transactions worth more than $895 million between large financial institutions (FIs). s central bank is weighing whether to launch a digital currency.

Real Time Gross Settlement (RTGS) 63

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

Fintech News

APRIL 10, 2024

The Bank for International Settlements (BIS) has released a report, “Stablecoins: Regulatory Responses to Their Promise of Stability,” analysing the regulatory environments for stablecoins across seven distinct jurisdictions.

Stablecoins 125

Stablecoins Regulations Digital Currency Risk Mitigation 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 109

CBDC SWIFT Interoperability Settlement 109

Fintech News

AUGUST 8, 2024

This connectivity is not just a technical necessity but a strategic imperative for seamless settlement, reconciliation and post-trade operations, enhanced transparency, and operational efficiency. As the industry evolves, adopting robust standards like ISO 20022 becomes crucial for driving these benefits.

ISO 20022 127

ISO 20022 APACS SWIFT ISOs 127

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

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). Moreover, tokenised securities offer the potential for shorter settlement periods.

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Settlement Cryptocurrency Blockchain Digital Currency 139

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

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

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. The group will assess CBDC use cases; economic, functional and technical design choices, including cross-border interoperability; and the sharing of knowledge on emerging technologies.

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Central Bank CBDC Digital Currency Cross-Border 100

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. Faster Settlements: Cryptocurrency transactions are typically faster than traditional banking transactions, providing merchants with quicker access to funds. What are Stablecoins?

Cryptocurrency 105

Cryptocurrency Stablecoins Digital Currency Cross-Border Payments 105

Fintech Finance

MAY 29, 2025

Already connected into multiple local banks across North America, Latin America, Europe, Africa, and Asia, Conduit will use the capital to fuel expansion into additional markets and support an even broader range of traditional and digital currencies through its real-time payment rails.

Cross-Border Payments 82

Cross-Border Payments Cross-Border Stablecoins SWIFT 82

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.

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B2B Cross-Border Digital Currency Multi-Currency 119

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

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 109

FinTech Cross-Border CBDC Web 3.0 109

PYMNTS

AUGUST 3, 2020

One of the biggest disruptions of the payments ecosystem as a result of the growing traction of digital assets and the ubiquity of real-time settlement will be felt by corporate treasurers, Long predicted. “This is not a short-term prospect,” said Long. “But having an alternative is important.

Real Time Payments 117

Real Time Payments Office of the Comptroller of the Currency Treasury Settlement 117

PYMNTS

OCTOBER 25, 2019

Enterprise software firm SAP is teaming up with professional services firm Accenture and blockchain company R3 to develop a distributed ledger technology (DLT) solution that aims to accelerate the settlement of payments between banks and customers. A press release issued on Thursday (Oct. A press release issued on Thursday (Oct. ”

Real Time Gross Settlement (RTGS) 40

Real Time Gross Settlement (RTGS) Settlement Distributed Ledger Technology (DLT) Blockchain 40

The Payments Association

MAY 7, 2025

The process of digitisng RWAs into tradable tokens can enhance liquidity, transparency and accessibility by enabling 24/7 transferability, near-instant settlement and automated compliance via smart contracts. This reduces reliance on intermediaries, accelerates transactions and broadens market access.

Settlement 88

Settlement Liquidity Management Treasury Blockchain 88

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.

Finance 76

Finance Visa Blockchain Interoperability 76

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

Fintech Finance

MARCH 26, 2024

Interoperability is critical to Swift’s strategy for instant and frictionless transactions. Swift’s solution has already been shown to enable cross-border transfers and connect CBDCs on different networks with each other, as well as with fiat currencies. More than 750 transactions were carried out over the course of the experiments.

Cross-Border 52

Cross-Border Use Case SWIFT CBDC 52

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.

Fed 75

Fed Instant Payments FedNow Interbank Settlement 75

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.

Stablecoins 113

Stablecoins Cross-Border Cross-Border Payments Blockchain 113

The Fintech Times

DECEMBER 15, 2023

Today our selection of leaders discuss the evolving payment landscape in 2024, touching on trends like convergence of personal and corporate payments, real-time cross-border payments, interoperability’s influence, and the significance of orchestration in streamlining payments in the travel sector.

Cross-Border 59

Cross-Border Cross-Border Payments Interoperability Payments 59

The Fintech Times

APRIL 4, 2024

Paymentology , a global issuer-processor, has partnered with Rain , a corporate spend management platform, to accelerate the digital asset business market in the Caribbean and Latin America. Together, Paymentology and Rain have launched a new payment solution that allows companies to instantly spend their digital assets.

Payment APIs and Integration 59

Payment APIs and Integration Interoperability Issuers Digital Currency 59

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. A number of U.S.

Faster Payments 68

Faster Payments Cross-Border Payments Cross-Border FPC 68

PYMNTS

MAY 11, 2020

Speaking at a virtual conference about the future of money, European Central Bank (ECB) executive board member Yves Mersch said a retail central bank digital currency (CBDC) is a game-changer. “A He referenced a survey by the Bank for International Settlements that showed 80 percent of the 66 central banks polled are working on CBDCs.

CBDC 52

CBDC Central Bank Digital Currency Cross-Border 52

The Fintech Times

JUNE 6, 2024

Project mBridge , a collaborative initiative involving multiple central banks and the Bank for International Settlements’ (BIS), h as reached an important development milestone. 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

FEBRUARY 3, 2020

The creation of a “single European data space, a genuine single market for data” would include new rules governing cross-border use and data interoperability, among other tenets. Digital Currencies, Too. Separately, the movement by at least some central governments to embrace digital currencies continues.

Consumer Financial Protection Bureau (CFPB) 52

Consumer Financial Protection Bureau (CFPB) CFPB Digital Currency Central Bank 52

Faster Payments Council

SEPTEMBER 12, 2022

The panel will discuss issues such as security, governance, and interoperability as well as concerns that the U.S. In this session, FPC QR Code work group leaders address the call to action for payment industry standards needed for universal acceptance and interoperability of QR codes.

FPC 88

FPC Federal Reserve Cross-Border Payments Faster Payments 88