EBizCharge

DECEMBER 3, 2024

Since managing credit card transactions can be complex, understanding how their settlements work is essential to maintaining financial health as consumer spending rises. Credit card settlements involve various processes and parties that ensure transactions are accurately recorded and funds are transferred.

Credit Cards 52

Credit Cards Settlement Finance Issuers 52

Fintech News

JUNE 1, 2025

Singapore-based stablecoin infrastructure provider StraitsX has unveiled a refreshed brand identity as it expands its role in enabling compliant, real-time payment settlements. It supports tokenised currency issuance, FX, and settlement across both public and private blockchain networks.

Settlement 75

Settlement Stablecoins Cross-Border Payment Gateways 75

Fintech News

OCTOBER 28, 2024

The Bank for International Settlements (BIS) and a group of central banks have successfully completed Project Mandala demonstrating automated compliance for cross-border transactions. It enhances transparency and provides real-time reporting and monitoring capabilities for regulatory bodies.

Cross-Border 130

Cross-Border Compliance Automation Cross-Border Payments 130

The Fintech Times

MARCH 7, 2025

Kenyan bank KCB Group and the Rwanda-based Bank of Kigali have joined the Pan-African Payment and Settlement System (PAPSS), which was launched by the African Export-Import Bank (Afreximbank) in collaboration with the African Union Commission (AUC) and the African Continental Free Trade Area (AfCFTA) Secretariat.

Settlement 59

Settlement Correspondent Bank Cross-Border Correspondent 59

EBizCharge

DECEMBER 18, 2024

With transactions occurring every second, the need for a reliable mechanism to facilitate these exchanges becomes increasingly important. This article will explore what clearinghouses are, their primary functions, and how they facilitate safe transactions. This benefits buyers and sellers by providing quicker settlements.

Facilitators 52

Facilitators Transactions Settlement Mitigation 52

Fintech News

APRIL 7, 2025

The introduction of VND accounts aims to support cross-border transactions involving Vietnam by potentially speeding up settlement, simplifying payment reconciliation, and improving cash flow management for businesses operating internationally.

Cross-Border 117

Cross-Border Accounts Payment Reconciliation Funds Transfer 117

The Fintech Times

MARCH 25, 2025

” With Georgia setting the stage for crypto-integrated tax payments, Keepzs role as the facilitator highlights its commitment to making transactions more accessible, secure, and efficient for businesses and consumers worldwide.

Digital Currency 64

Digital Currency Facilitators Payer Payments 64

The Fintech Times

DECEMBER 12, 2024

Looking to facilitate direct payments between businesses and customers in real-time through a new open banking solution, a three-way partnership has been announced between Eviden , the Atos Group business focusing on digital, cloud, big data and security, fintech innovator Ordo and blockchain company, ByzGen.

Facilitators 72

Facilitators Payments Blockchain Payee 72

Fintech News

NOVEMBER 5, 2024

This plug-and-play collaboration will allow consumers to pay with crypto at Ingenico terminals, while merchants can seamlessly receive settlements in their local currency, eliminating currency risk. Beyond facilitating transactions, the collaboration also aims to enhance the customer experience.

Cryptocurrency 119

Cryptocurrency Payments Settlement Payment Solutions 119

Fintech News

NOVEMBER 3, 2024

The Bank for International Settlements ( BIS ) Innovation Hub announced that it has “graduated out” of Project mBridge. Carstens reiterated that BIS projects adhere to international regulations to avoid facilitating sanctioned activities.

Cross-Border Payments 124

Cross-Border Payments Cross-Border Central Bank Settlement 124

Fintech News

JUNE 18, 2025

CIPS, authorised by the People’s Bank of China, facilitates RMB-denominated trade, investment, and other cross-border payments. With this access, UOB will offer RMB clearing, settlement, and payment services to businesses and financial institutions in and outside China.

Cross-Border Payments 112

Cross-Border Payments Cross-Border Participant Liquidity Management 112

The Fintech Times

NOVEMBER 8, 2024

Cross-border remittance service provider, Africhange has improved its ability to facilitate inward remittances for immigrants and diaspora communities sending money to Nigeria as its Nigerian subsidiary, Currenzo , secures the International Money Transfer Operator (IMTO) licence from the Central Bank of Nigeria (CBN).

Facilitators 59

Facilitators Cross-Border Acquirers Central Bank 59

Fintech Finance

JANUARY 2, 2025

KuCoin Pay is committed to reducing transaction fees and facilitating immediate settlement of crypto payments, simplifying the process for businesses to manage transactions efficiently. The platform supports an extensive range of cryptocurrencies and blockchain networks, significantly broadening the global reach of payments.

Payments 97

Payments Blockchain Settlement Cryptocurrency 97

The Payments Association

MAY 16, 2025

This visibility enables data-driven decision-making and facilitates effective troubleshooting of issues like high decline rates or chargebacks. Real-time payments and instant settlement: As consumer expectations shift, instant gratification has become the norm rather than a luxury.

Transactions 88

Transactions PCI DSS Payments Multi-Currency 88

Fintech Finance

JANUARY 15, 2025

To make the most of the collaboration, a custom split payout functionality has been developed for Lyvely, allowing the platform to automatically distribute settlements between the company and its content creators based on predefined percentages. Lyvely facilitates content creators in selling products and services through its platform.

Economy 97

Economy Facilitators Payments Settlement 97

Fintech News

NOVEMBER 25, 2024

Morgan’s blockchain business unit, facilitates real-time money transfers using commercial bank funds. This collaboration aims to streamline cross-border business transactions by offering a faster and more transparent settlement process, reducing friction and enhancing the efficiency of commercial transactions.

Visa 115

Visa Blockchain B2B Payment APIs and Integration 115

Finextra

JUNE 11, 2025

Moneylenders, traders, and Shroffs (money changers and bankers) facilitated credit and remittances. Colonial Era (17th Century - 1947): Introduction of Formal Banking The British colonial period saw the gradual introduction of modern banking principles and institutions, primarily to facilitate trade and administration.

Financial Inclusion 52

Financial Inclusion Real Time Gross Settlement (RTGS) Payment APIs and Integration Funds Transfer 52

The Fintech Times

NOVEMBER 4, 2024

We are encouraged by the keen participation from financial institutions and fellow policymakers to co-create industry standards and risk management frameworks to facilitate commercial deployment of tokenised capital markets products, and scale tokenised markets on an industry-wide basis.”

Authorization 83

Authorization CBDC Multi-Currency Settlement 83

The Fintech Times

NOVEMBER 8, 2024

Cross-border payments often lead to delayed settlements, creating a fragmented view of liquidity positions for companies. UBS Digital Cash looks to facilitate timely payment processing to combat this.

Cross-Border 59

Cross-Border Blockchain Cross-Border Payments Payment Solutions 59

Fintech Finance

JULY 6, 2025

Morocco is the 17th country to join the Pan-African Payment and Settlement System (PAPSS) network. By welcoming Bank Al-Maghrib, PAPSS advances its mission of connecting African central banks and facilitating seamless cross-border trade, payment flows, and investment across the continent.

Settlement 52

Settlement Cross-Border Payments Cross-Border Real Time Payments 52

Fintech Finance

MAY 1, 2025

This makes QNB the first bank in Qatar to use KDP’s blockchain deposits accounts for 24/7 settlement of their corporate flows, facilitating and automating on-demand multi-currency cross-border payments. We’ve successfully piloted U.S. We’ve successfully piloted U.S. The post Kinexys by J.P.

Cross-Border Payments 69

Cross-Border Payments Cross-Border Settlement Blockchain 69

Fintech Finance

NOVEMBER 7, 2024

This strategic move significantly improves Africhange’s ability to facilitate inward remittances for immigrants and diaspora communities sending money to Nigeria. It also has a reliable settlement partner in Nigeria, ensuring secure processing for local transactions. Building on this partnership alongside the IMTO licence.

Cross-Border 105

Cross-Border Security Facilitators Acquirers 105

Fintech Finance

NOVEMBER 5, 2024

Traditional fund operations often face inefficiencies in subscription and redemption processes, including manual interventions, delayed settlements, and a lack of real-time transparency. “Chainlink is enabling institutions to reuse Swift’s infrastructure to facilitate payments for digital asset transactions.

SWIFT 103

SWIFT Innovation Digital Currency Blockchain 103

Fintech Finance

JUNE 10, 2025

Stablecoins: Visa has been facilitating cryptocurrency transactions for over five years and is now expanding its offering to include stablecoin-backed cards, settlement, and programmable money. In Asia Pacific, Visa is working with StraitsX for stablecoin settlement.

AI 88

AI Stablecoins Credential Payment APIs and Integration 88

Fintech Finance

MARCH 10, 2025

However, many still rely on legacy AML compliance systems built for fewer payment rails, most of which are not aligned with real-time settlement workflows. FinScan Payments empowers FIs, neobanks, PayFacs, FinTechs, and other organizations to block high-risk transactions in real time, facilitating compliance without delays.

Real Time Payments 98

Real Time Payments Faster Payments Transactions Money Laundering 98

The Fintech Times

DECEMBER 20, 2024

The global financial services firm will offer clients high-speed cross-border settlements through Wise Platform, Wises global payments infrastructure for banks. Using Wises local connectivity and payment technology, the integration aims to reduce implementation times while maintaining operational efficiency.

Cross-Border Payments 59

Cross-Border Payments Cross-Border Cross-Border Settlement Settlement 59

Trade Credit & Liquidity Management

JUNE 24, 2025

This integration connects local payment rails (such as Brazil’s PIX) directly to global USDC liquidity, facilitating faster, cheaper, and more transparent cross-border payments without the need for banks to build new infrastructure from scratch 1 2 4 6.

Stablecoins 52

Stablecoins Multi-Currency Interoperability Cross-Border Payments 52

Clearly Payments

NOVEMBER 6, 2024

This market includes a range of services and technologies that facilitate the acceptance, authorization, and settlement of payments across various channels, including online, in-store, and mobile. The value chain in payment processing involves multiple parties that play specific roles in facilitating transactions.

Process 105

Process ISOs Credit Cards Online and Mobile Banking 105

Stax

MARCH 18, 2025

A payment processing system is a technology that facilitates the secure transfer of funds from a customer to a merchant. The processor facilitates the transaction by communicating with the payment gateway, issuing bank, and acquiring bank. Different payment solution providers have different settlement timessome are faster than others.

Process 88

Process Payment APIs and Integration Processors Online and Mobile Banking 88

Fintech Finance

JANUARY 8, 2025

When both buyers and sellers have XTransfer accounts, they can achieve secure and compliant payment settlements 24/7, potentially saving up to 95% on remittance fees and 80% on currency conversion costs. This enables uninterrupted fund circulation throughout the entire trade process.

Authorization 105

Authorization Cross-Border Cross-Border Payments Regulatory Compliance 105

The Payments Association

FEBRUARY 13, 2025

Indian exporters can now open foreign currency accounts overseas, while authorised bank branches abroad can facilitate Rupee transactions for non-residents. These reforms promote Rupee-based trade settlements, reducing reliance on dominant global currencies.

Cross-Border Payments 88

Cross-Border Payments Cross-Border Interoperability Payments 88

Fintech News

NOVEMBER 5, 2024

OCBC Bank and Ant International have announced a strategic partnership aimed at streamlining cross-border fund settlements using tokenised deposits and leveraging advanced encryption and AI. The collaboration will prioritise enabling real-time payments between Singapore and Malaysia, 24/7, via Ant International’s Whale platform.

Settlement 119

Settlement Blockchain Cross-Border Treasury 119

Finovate

JUNE 16, 2025

The retailer would use the stablecoin for internal settlement, supply chain payments, employee payroll, and in-store consumer purchases. The retailer could use its own stablecoin to power consumer incentives such as rewards programs, marketplace settlements, and cross-border payments. 2) What is your level of consumer trust?

Stablecoins 80

Stablecoins Settlement Multi-Currency Cross-Border 80

Finovate

FEBRUARY 20, 2025

The deployment enables 100% straight-through processing (STP) and facilitates the bank’s compliance with upcoming ISO 20022 compliance requirements ahead of schedule. The goal of the new format is to enhance the quality of financial messaging, facilitate cross-border payments, and reduce manual processing.

FedWire 114

FedWire ISO 20022 ISOs Payment APIs and Integration 114

The Payments Association

DECEMBER 17, 2024

RLUSD is ideal for financial use cases and allows institutions to: Facilitate instant settlement of cross-border payments. Early next year, Ripple Payments will use RLUSD to facilitate global payments for its enterprise customers. Access liquidity for remittance and treasury operations.

Stablecoins 88

Stablecoins Compliance Federal Reserve Cross-Border Payments 88

Clearly Payments

MARCH 14, 2025

It occurs in a matter of seconds but consists of multiple stages, from authorization to settlement. Payment Processor Facilitates communication between acquiring and issuing banks. Card Network Facilitates Clearing : The acquiring bank forwards the transactions to the respective card networks, which route them to the issuing banks.

Credit Cards 52

Credit Cards Transactions PCI DSS Online and Mobile Banking 52

Fintech Finance

MARCH 10, 2025

However, many still rely on legacy AML compliance systems built for fewer payment rails, most of which are not aligned with real-time settlement workflows. FinScan Payments empowers FIs, neobanks, PayFacs, FinTechs, and other organizations to block high-risk transactions in real time, facilitating compliance without delays.

Real Time Payments 75

Real Time Payments Faster Payments Transactions Money Laundering 75