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Digital Rupiah Inches Closer with Successful Completion of PoC

Fintech News

To achieve this, the PoC focused on three key processes: issuance, redemption, and fund transfers. The PoC demonstrated the transformative potential of DLT-based systems in improving liquidity management. Each platform exhibited distinct strengths. Another critical feature was the systems scalability and fault tolerance.

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RTGS.global and TransferMate Announce Strategic Partnership to Streamline Cross-Border B2B Payments

Fintech Finance

RTGS.global’s instant atomic settlement solution solves historic and emerging challenges associated with cross-border payments and liquidity management. Its platform enables quick, secure and risk-free transactions across different currencies and geographies.

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Announced at Singapore FinTech Festival 2024: New Partnerships, Product Launches and Appointments

The Fintech Times

It aims to enable more efficient funds transfer via Purpose Bound Money (PBM) when inbound tourists use Alipay+ payment partner apps for payments at GrabPay merchants in Singapore. ” The post Announced at Singapore FinTech Festival 2024: New Partnerships, Product Launches and Appointments appeared first on The Fintech Times.

Product 101
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A Comprehensive Look at Canadian Banks and How They Offer Payment Processing

Clearly Payments

Provides a wide array of payment solutions, including EFT (electronic funds transfer), online payments, and mobile transactions. Credit Union Central of Manitoba (CUCM) : CUCM supports credit unions in Manitoba by offering payment processing services, liquidity management, and other essential financial services to its members.

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Federal Payments Go Digital

Trade Credit & Liquidity Management

Treasury checks are 16 times more likely to be reported lost, stolen, or altered than electronic funds transfers. Trade Credit & Liquidity Management is a reader-supported publication. Fraud Reduction: Paper checks are significantly more vulnerable to fraud. Do you find this content valuable?

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Citi Launches Citi Real-Time Funding for Corporate Clients

Finovate

Citi launched Citi Real-Time Funding (RTF), a real time funds transfer tool. The new tool helps commercial clients move funds between cross-border accounts automatically, based on pre-defined rules. Citi Real-Time Funding (RTF) is now available in Australia, Hong Kong, and the U.K.

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BNP Paribas and Ant International Collaborate on Promoting Cross-Border Payment Solutions in Europe, and Tokenised Deposits for Global Treasury Management

Fintech Finance

WorldFirst, Ant International’s one-stop digital payment and financial services platform for global businesses, will reinforce its participation in SEPA to enable businesses to make online cross-border payments and fund transfers more seamlessly within the SEPA Zone.