Remove Digital Payments Remove Distributed Ledger Technology (DLT) Remove Settlement
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13 APAC-Born Companies Recognized Among Top Global Cross-Border Payment Leaders of 2025

Fintech News

The group owns Alipay, Chinas largest digital payments platform, which connects to international e-wallet platforms through cross-border digital payments solution Alipay+. billion users, while its Aliplay+ service connects more than 35 digital wallets to over 90 million merchants in 66 markets.

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SC Ventures and G+D Complete Pilot on Different Types of CBDC Systems

Fintech News

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.

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France’s Central Bank Latest To Ponder A Digital Currency

PYMNTS

The First Deputy Governor of the central bank of France, Denis Beau, spoke in support of a blockchain-based settlement system that would allow for faster transfers of euros, as well as be more cost-efficient, according to a report by Yahoo!

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Banco Santander, Lloyds Banking Group, and UBS Successfully Settle Pilot Uncleared Margin Transfers in the Sterling Fnality Payment System

Fintech Finance

This real-world proof-of-concept proves that Fnality can be used to make bilateral margin payments using the £FnPS, and marks the first instance of a fully regulated Distributed Ledger Technology (DLT)-based payment system being used to settle margin for the purposes of real-world inter-bank derivative exposures.

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Banco Santander Settles On Ripple For Settlement

PYMNTS

The bank also said this week that it will be bringing international payments to more countries in Europe — beyond the U.K., Poland, Brazil and Spain — and is looking to bring Ripple on as a preferred settlement choice. The blockchain had been designed on the distributed ledger technology (DLT) via R3 ’s Corda offering.

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SWIFT Ties gpi To eCommerce And DLT

PYMNTS

The proof of concept is designed to “bring the benefits of gpi payments’ speed, ubiquity and certainty to distributed ledger technology (DLT)-enabled trade.”

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Is ‘Embedded Regulation’ The Key To Stablecoins’ Success?

PYMNTS

The age of digital currencies might be fully upon us, but key questions swirl about how to issue and regulate cryptos – especially stablecoins. In fact, the stablecoins can have frameworks and rules tied to them that are akin to “embedded supervision.”.