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Project Guardian: Interoperability From Tokenised Bank Liabilities Could Save Firms $50bn in FX Fees

The Fintech Times

In addition to faster, cheaper and more secure cross-border payments, tokenisation programmes are translating technology into more competitive FX rates and faster FX settlement for customers. By enabling interoperability between bank solutions, payments can be completed 24/7 with FX settlement conducted in real-time.

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Armenia Advances Digital ID Scheme as Part of Open Data Vision

Open Banking Excellence

For more than a decade, the government has tried to build its own digital identity and trust services infrastructure, but we found this was inefficient and would limit innovation. Another challenge is interoperability. Together with the British Council, the Embassy fosters educational and cultural activities as well.

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Sustainable payments: Innovating for our financial ecosystem

The Payments Association

We highlight some practical strategies for card issuers seeking to innovate in the sustainability space and reach consumers who care about the impact of their choices. The real opportunity lies with banks, fintechs, and other types of card issuer companies that recognise ESG as a pathway to innovation, trust, and long-term value creation.

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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. The platforms met all criteria, showcasing their capability to effectively support the envisioned system.

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German Central Bank Joins MAS-Led Project Guardian

Fintech News

Launched in May 2022, Project Guardian brings together policymakers and key financial industry players to improve market liquidity and efficiency through the innovative use of technology. As the German member of the Eurosystem and the monetary authority for Germany from 1957 to 1998, the Bundesbank brings its expertise to the project.

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Tech innovation in payments: Bridging gaps and building an inclusive financial ecosystem

The Payments Association

The future of payments is digital, inclusive, and transformativedriving financial access, innovation, and global economic empowerment. As digital payment technologies evolve, they are revolutionising how transactions occur and breaking down barriers that have long excluded billions from the financial ecosystem.

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Cross-Chain Interoperability: The Future of Blockchain Networks

Fintech Review

Blockchain technology has revolutionised numerous industries by providing decentralised, secure, and transparent systems. However, one of the significant challenges it faces is interoperability between different blockchain networks. However, these networks often operate in isolation, limiting the potential of blockchain technology.