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Ant International Joins Swift Initiative for Cross-Border Payment Interoperability

Fintech News

Ant International has joined Swift ‘s “Network Interoperability Reference Implementation” programme, a pre-pilot initiative designed to improve cross-border payment experiences.

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European mobile payment operators enable interoperability

Finextra

Bank-backed mobile payment operators from Italy, Spain and Portugal have pioneered interoperable money transfers, making it possible for users to conduct instant cross-border P2P transactions.

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ISO 20022 migration pushed back to July 14

Bank Automation

This single-day implementation aims to enhance the efficiency and interoperability of high-value payment systems. The Federal Reservehas rescheduled the Fedwire Funds Services adoption of the ISO 20022 message format to July 14, 2025. It was to be implemented on March 10.

ISO 20022 142
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Cross-Chain Interoperability: The Future of Blockchain Networks

Fintech Review

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.

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Ripple and Axelar Foundation Set a New Standard for Blockchain Interoperability on XRPL

The Fintech Times

Ensuring this is possible on the XRP Ledger (XRPL), Ripple , the crypto solutions provider, has partnered with Axelar Foundation , the nonprofit decentralised interoperability network. The partnership with Axelar Foundation propels interoperability into the broader blockchain realm.

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Interledger Foundation foots bill for fintechs to build global interoperability network

Finextra

The Interledger Foundation, an organisation dedicated to the creation of an open, interoperable payment network, is promising to fund fintechs that use its protocol to bring payments to emerging markets and underserved populations.

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Armenia Advances Digital ID Scheme as Part of Open Data Vision

Open Banking Excellence

Another challenge is interoperability. The guiding standard is the Digital Architecture of Armenia, a Government approved approach that places interoperability, security, and high-quality service delivery as its core pillars.