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Digital Rupiah Inches Closer with Successful Completion of PoC

Fintech News

Marking a pivotal point, Indonesias efforts underscore its drive to harness digital technologies for modernising payment systems while safeguarding financial stability and promoting inclusivity. Smart contracts automated key processes, minimised human intervention, and enhanced transaction security.

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CBDCs in practice: What we’ve learned from the early movers

The Payments Association

The evolution of CBDC thinking Historically, consumer-facing banks have treated payments as an extension of banking: an account-based system where intermediaries authorise and validate each transaction. However, Payments involve both transmitting and representing value, typically as claims or liabilities recorded within financial systems.

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13 APAC-Born Companies Recognized Among Top Global Cross-Border Payment Leaders of 2025

Fintech News

Among the 2025 honorees, 13 companies come from Asia-Pacific (APAC), underscoring the regions growing impact on cross-border transactions. Launched as a pilot in 2011, the service allows users to make payments, transfer money and perform other financial transactions using the Airtel Thanks App or USSD.

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Key considerations for the adoption of digital currencies

Finextra

A new way of settling transactions Firstly, when we talk about digital currency we are referring to the registration of a fiat currency (such as the pound) on a Distributed Ledger Technology (DLT)-based network with a 1:1 relationship to the fiat currency. Let’s explore. Trade finance is another area.

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Standard Chartered Utilises Blockchain for Cross-Border Transactions Between Hong Kong and Singapore

The Fintech Times

Standard Chartered , the international cross-border bank, has become the first Euro settlement bank to go live on Partior, the global unified ledger market infrastructure, and has completed Euro-denominated cross-border transactions between Hong Kong and Singapore.

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Bank of Thailand to Test Programmable Payments in Enhanced Sandbox

Fintech News

This initiative responds to the rapid and complex development of financial innovations, such as distributed ledger technology (DLT) and smart contracts, which are transforming financial services.

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Project Meridian FX: Joint Project by the Eurosystem and London Centres, and the Bank of England, to Test Synchronised Settlement in FX

Fintech Finance

The Eurosystem and London Centres of the BIS Innovation Hub, together with the Bank of England , have launched Project Meridian FX, to build on the findings of Project Meridian by focusing on foreign exchange (FX) transactions. Meridian FX will test the usability of the SO for different types of assets and technologies.