Fintech News

JANUARY 22, 2025

The app also enables users to transfer funds to their individual Bakong accounts, offering an alternative to cash transactions. It also supports ongoing efforts to improve digital payment infrastructure and streamline transactions for both tourists and businesses. million merchants across Cambodia.

Financial Inclusion 137

Financial Inclusion Interoperability Payments International Payments 137

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.

FinTech 109

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

The Fintech Times

NOVEMBER 6, 2024

Singapore FinTech Festival returned for its ninth annual edition, bringing together policy, finance and technology communities at the Singapore EXPO. Here’s our pick of the announcements made at Singapore FinTech Festival 2024. For online shopping, Visa passkeys replace passwords or one-time codes.

Product 101

Product Cross-Border FinTech Cross-Border Payments 101

Fintech News

JANUARY 9, 2025

The processes included converting reserve account balances into digital Rupiah and vice versa, ensuring seamless interoperability with Bank Indonesias Real-Time Gross Settlement (BI-RTGS) system. Smart contracts automated key processes, minimised human intervention, and enhanced transaction security.

Distributed Ledger Technology (DLT) 127

Distributed Ledger Technology (DLT) Multi-Currency Interoperability ISO 20022 127

Fintech Finance

JUNE 19, 2025

Onafriq , in collaboration with the Pan-African Payment and Settlement System (PAPSS), announced the launch of a new cross-border payment service that will initially pilot outbound transactions in Ghana. The primary emphasis of this new service will be on SME and retail transactions.

Cross-Border Payments 95

Cross-Border Payments Cross-Border Financial Inclusion Settlement 95

Fintech Finance

JULY 1, 2025

The ACI Worldwide iNET partnership has entered a new phase aimed at fueling fintech innovation in Saudi Arabia. The rapid expansion of Saudi Arabia’s fintech sector underscores the need for a resilient, locally anchored infrastructure to scale securely and sustainably,” said Turki Almadi, Executive Vice President, iNet. “The

FinTech 72

FinTech Point-of-Sale (POS) Interoperability Real Time Payments 72

Fintech Finance

JANUARY 23, 2025

Ordo, a fintech with a depth of payments knowledge and experience Founded by the award-winning team responsible for opening up access to Faster Payments, the team at Ordo has played a central role in shaping the UKs Open Banking market. The transaction is fully approved by both the UK FCA and Norwegian FSA.

Acquirers 105

Acquirers Interoperability Faster Payments Regulations 105

Fintech Review

AUGUST 27, 2024

However, one of the significant challenges it faces is interoperability between different blockchain networks. Cross-chain interoperability aims to address this issue, enabling seamless communication and transactions across various blockchain platforms. Interoperability is vital for several reasons.

Interoperability 105

Interoperability Blockchain Facilitators Innovation 105

Fintech News

JUNE 17, 2025

OSTTRA and Baton Systems have announced that Partior has connected to their on-demand FX payment-versus-payment (PvP) settlement network, enabling financial institutions to settle foreign exchange transactions using tokenised commercial bank deposits with 24/7 access.

Settlement 88

Settlement Risk Mitigation Participant On-Demand 88

The Fintech Times

FEBRUARY 29, 2024

Ensuring this is possible on the XRP Ledger (XRPL), Ripple , the crypto solutions provider, has partnered with Axelar Foundation , the nonprofit decentralised interoperability network. Such an advancement surpasses the initial focus of simple bridging transactions, where assets are typically locked on one chain and represented on another.

Interoperability 133

Interoperability Blockchain Payment APIs and Integration Risk Mitigation 133

Fintech News

NOVEMBER 5, 2024

Standard Chartered and Ant International have successfully completed their first Singapore dollar (SGD) transaction using the latter’s blockchain-based Whale platform. This achievement builds on a recent successful test settlement of a Hong Kong dollar (HKD)-denominated transaction between the two companies.

Settlement 113

Settlement Blockchain Liquidity Management Treasury Management 113

Fintech News

JULY 10, 2025

It is positioned as a stablecoin developed for institutional use, rather than for retail transactions. BNY Mellon will manage the reserves and support RLUSD’s operations through its transaction banking services. said Emily Portney, Global Head of Asset Servicing at BNY.

Stablecoins 93

Stablecoins Cross-Border Payments Cross-Border Interoperability 93

Fintech Finance

FEBRUARY 20, 2025

However, challenges such as interoperability and fraud must be addressed to fully unlock the potential of faster payments. Use Case Expansion: Businesses are most interested in leveraging faster payments for eCommerce (54%), point-of-sale transactions (51%), and invoicing/supplier payments (41%).

Faster Payments 102

Faster Payments Multifactor Authentication FedNow RTP 102

The Fintech Times

NOVEMBER 8, 2024

” In the pilot, UBS successfully carried out transactions with multinational clients and banks, including domestic transactions within Switzerland and cross-border payments in US dollars, Swiss francs, Euros and Chinese yuan. With the successful UBS Digital Cash pilot, we have reached another important milestone.”

Cross-Border 59

Cross-Border Cross-Border Payments Blockchain Payment Solutions 59

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 Security Payment APIs and Integration Credential 88

Fintech Finance

NOVEMBER 1, 2024

Geopolitical shifts have diversified supply chains, and real-time payments have become the preferred method for digital transactions in these regions. This innovation promotes interoperability, flexibility, and significant cost savings for businesses.

Cross-Border Payments 98

Cross-Border Payments Cross-Border Real Time Payments APACS 98

Fintech News

JUNE 17, 2025

Across Southeast Asia, fintechs have reshaped how consumers and businesses interact with financial services. In Indonesia, mobile wallet transactions have surged from US $18.27 The next phase of growth will be driven by a maturing ecosystem that goes far beyond simple transactions. billion in 2023 to US$25.2

Digital Payments 96

Digital Payments Cross-Border Payments Cross-Border Payments 96

Fintech News

MARCH 11, 2025

.” Chatchai Dusadenoad Chatchai Dusadenoad, Managing Director, National ITMX Company Limited said, “As Thailand’s leading payment infrastructure provider, National ITMX plays a crucial role in driving interoperability and cross-border payment innovation.

Cross-Border Payments 105

Cross-Border Payments Cross-Border Payments Interoperability 105

The Payments Association

JUNE 9, 2025

It enhances resilience, broadens access, improves interoperability, and enables innovation, thereby modernising the UK’s financial infrastructure. RT2 offers four key advancements: enhanced resilience, expanded access, wider interoperability, and improved functionality. Why is it important? What’s next?

ISO 20022 88

ISO 20022 Payment APIs and Integration ISOs Interoperability 88

Fintech Finance

OCTOBER 9, 2024

and CBI joins their IBAN-Name Check expertise at the service of their respective communities in order to offer an interoperable solution to fight against fraud. This service provides an additional layer of security for financial transactions, thus helping to reduce the risk of fraudulent activity and accidental misdirection of payments.

IBAN 105

IBAN Interoperability Payee Verification 105

Fintech News

NOVEMBER 3, 2024

MAS is expanding its Global Layer One (GL1) initiative to support cross-border transactions of tokenised assets. The SGD Testnet will be made available to eligible financial institutions participating in Project Guardian and Project Orchid, enabling them to settle transactions with S$ wholesale CBDC.

CBDC 119

CBDC Settlement Digital Currency Cross-Border 119

Fintech Finance

MARCH 24, 2025

By introducing the SOMQR standard and establishing the Somalia Payment Switch (SPS) as the scheme manager and operator, CBS aims to reduce reliance on cash, ensure interoperability, and expand financial services across the country. The demand for secure, fast, and modern payment solutions has been pressing.

Instant Payments 90

Instant Payments Settlement Payments Central Bank 90

Finextra

JUNE 18, 2025

I had the privilege of executing the very first live transaction based on the protocols and standards that would become nexo standards , in an Auchan store in Faches-Thumesnil , France, for a symbolic amount of €1. Interoperability across multiple domestic and international card schemes without cobadging constraints.

ISO 20022 52

ISO 20022 Transactions Payment APIs and Integration Cross-Border 52

Fintech Review

MAY 4, 2025

The Ultimate Guide for Founders, CFOs, and Finance Teams Choosing the right fintech stack can make or break a company’s financial operations. Whether you are a B2B founder building a global marketplace, a CFO steering a SaaS scale-up, or a finance team tasked with managing complex payments, finding the best fintech tools is critical.

Payment APIs and Integration 76

Payment APIs and Integration FinTech Multi-Currency Embedded Finance 76

The Payments Association

JUNE 3, 2025

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. Beyond technical proof points, these initiatives underscore the need for global interoperability.

CBDC 88

CBDC Cross-Border Central Bank Cross-Border Payments 88

Fintech Finance

JULY 10, 2025

Thunes has won the Thunes Best Payment Solution Award at the 2025 Asian Banking & Finance Fintech Awards, making its name as a great place to make payments across borders. It’s a great honour to be recognised here in Singapore, a global fintech hub that embodies the spirit of innovation shaping our region.

Payment Solutions 52

Payment Solutions Cross-Border Payments Cross-Border Finance 52

Fintech Finance

JANUARY 2, 2025

” The report highlights essential fraud mitigation strategies such as enhanced authentication, transaction monitoring, and confirmation of payee practices, as well as the importance of information sharing and consumer protection. payments industry on its faster payments journey.” faster payments infrastructure. The post U.S.

Faster Payments 98

Faster Payments Mitigation FPC Payments 98

The Payments Association

OCTOBER 28, 2024

The Payments Association (TPA)’s George Iddenden recently sat down with Peter Theunis, senior vice president sales and European managing director at BPC to discuss the remarkable transformation of the payments processing industry, driven by the rise of fintech, the shift towards digital payments, and evolving consumer behaviours.

Process 100

Process Payment APIs and Integration Processors Payments 100

The Fintech Times

MARCH 25, 2025

The agreement also outlines a series of events and workshops aimed at educating the UAE ecosystem on key topics related to blockchain and AI, such as tokenisation, cross-chain interoperability, proof of reserves, and emerging blockchain standards. Why Chainlink?

Interoperability 78

Interoperability Blockchain Regulatory Compliance Authorization 78

Fintech News

MARCH 26, 2024

This collaboration aims to facilitate secure cryptocurrency transactions by connecting Binance’s extensive user base of over 183 million with Sumsub’s network of Virtual Asset Service Providers (VASPs), financial institutions, and fintech companies.

Travel Rule 120

Travel Rule Rules Compliance Transactions 120

Fintech Finance

JULY 11, 2025

It lets businesses in Colombia do interbank transactions right away. As a long-time advocate of financial digitalization in Colombia, Cobre will accelerate the adoption of the new interoperable real-time payment system for businesses under the Bre-B framework, transforming the way money moves across the country.

B2B 52

B2B Interoperability Payments Real Time Payments 52

Fintech News

MAY 5, 2025

The company is also in talks with regional fintechs and global merchant platforms to integrate real-time cross-border settlement into their products. Designed for interoperability, the platform supports a range of use casesfrom remittances and merchant payouts to treasury and wallet operations.

Cross-Border Payments 99

Cross-Border Payments Cross-Border Stablecoins Cross-Border Settlement 99

Fintech News

MAY 11, 2025

Among the 2025 honorees, 13 companies come from Asia-Pacific (APAC), underscoring the regions growing impact on cross-border transactions. The 13 APAC companies featured this year span a diverse range of industries, including telecoms, financial institutions, tech giants, and fintech startups.

Cross-Border Payments 122

Cross-Border Payments Cross-Border APACS Distributed Ledger Technology (DLT) 122

Finovate

NOVEMBER 1, 2024

This week’s edition of Finovate Global features news from the fintech industry in Nigeria. Africa’s newest fintech unicorn raises $110 million African fintech Moniepoint is the continent’s latest fintech unicorn. The Nigerian fintech is one of seven African startups to make this year’s list.

Financial Inclusion 111

Financial Inclusion Cross-Border FinTech Visa 111

The Fintech Times

APRIL 24, 2025

billion by 2029, while digital transaction values could jump from $10trillion to $17trillion, a 73 per cent increase. Even in markets historically dominated by card transactions, mobile wallet adoption is rising sharply, also signalling a global trend towards more agile, digital-first payment solutions. billion in 2024 to 5.8

Interoperability 45

Interoperability Cross-Border Cross-Border Payments Contactless Payments 45

The Fintech Times

JANUARY 23, 2025

We often explore how fintechs are changing the banking and payments landscapes, and sometimes look into how their solutions are supporting financial inclusion and helping people develop healthy financial habits. Sending cross-border payments, for example, often comes with heavy processing costs and conversion fees.

FinTech 64

FinTech Financial Literacy Cross-Border Online and Mobile Banking 64

Fintech News

SEPTEMBER 11, 2024

Building on a series of successful experiments, Swift is advancing efforts to create practical solutions that will enable its members to transact seamlessly with digital assets. A key focus of these developments is testing multi-ledger Delivery-versus-Payment (DvP) and Payment-versus-Payment (PvP) transactions.

SWIFT 145

SWIFT Multi-Currency CBDC Interoperability 145