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Optimising Cross-Border Payments Globally: Shaping the Economy of Tomorrow

Fintech News

Cross-border payments are the fundamental infrastructure that facilitates the flow of money within an increasingly interconnected global economy, underpinning commerce between individuals, businesses, and governments worldwide.

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The Journey of Payments and Clearing Systems in India

Finextra

Reserve Bank of India (RBI) Establishment (1935): The RBI was established to regulate currency, provide banking services to the government, and act as a banker to banks. Its simplicity, interoperability, and low cost made it an instant success. This was a significant step towards non-cash payments but was slow and prone to errors.

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AfricaNenda Launches 2024 Annual Report: Advancing Inclusive Instant Payment Systems for Broader Financial Inclusion in Africa

Fintech Finance

Financial inclusion is not just about facilitating transactions; it is about providing the infrastructure, rules, and governance that enable individuals and businessesespecially women and underserved communitiesto participate fully in the digital economy.

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Nexus Empowers APAC Financial Institutions to Achieve G20 Cross-Border Payment Targets

Fintech News

Right now, the focus is on setting up the Nexus scheme organisation, which will oversee the scheme’s structure, governance and operations. We also saw that the multilateral model works in practice—not just technically, but also in terms of governance, operational and commercial alignment.

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From open banking to open finance and beyond: The future of financial data-sharing

The Payments Association

As more jurisdictions refine regulations and expand open finance frameworks, the focus will shift to interoperability, consumer trust, and cross-industry data integration. But these opportunities are accompanied by mounting risks around data governance, security, and regulatory fragmentation. What’s next?

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From Open Banking to Open Finance to DeFi: The Open Evolution of Finance

Finextra

Even financial inclusion got a boost – lenders began using alternative data via open banking to underwrite those with thin credit files, and mobile apps brought services to those who were previously underserved. The composability we’ll discuss shortly is one outcome of this interoperability.

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The Full List of Fintech Unicorns in Asia (2025)

Fintech News

24 Fintech Unicorns in India India’s fintech boom is fuelled by strong investor interest, proactive government support, and a rapidly expanding digital economy. billion Established in 2018, BharatPe transformed digital payments in India by launching the nations first UPI-interoperable QR code for merchants. PayU Valuation: $5.2