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Payments regulation roadmap: Q3 2025​

The Payments Association

FCA Safeguarding Reforms for PI/EMI (Interim Rules) The FCA is set to publish its finalised interim safeguarding rules for authorised payment institutions (PIs) and electronic money institutions (EMIs) in mid-2025, following Consultation Paper CP24/20. transaction history, savings, pensions).

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Unpacking 3 Key Concepts From G20’s Enhanced Cross Border Payments Plan

Fintech News

The G20 Roadmap for Enhancing Cross-border Payments of the Financial Stability Board (FSB) also lists them as a key priority for enhancing such payments. This needs to be sorted out for multilateral payment platforms to fully harness the benefits of interoperability through multilateral payment platforms.

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StraitsX Secures MAS Licenses for Stablecoin Issuance, Crypto Payments

Fintech News

StraitsX, a digital asset payments infrastructure provider in Southeast Asia, has received Major Payment Institution (MPI) licenses from the Monetary Authority of Singapore (MAS). and StraitsX Payment Services Pte. The licenses were issued to StraitsX USD Issuance Pte. StraitsX SGD Issuance Pte. Additionally, Xfers Pte.

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China UnionPay Launches Project Excellence in Line with PBOC Payment’s Market Roadmap

The Fintech Times

Furthermore, UnionPay will enhance collaboration with banks and payment institutions, expedite payment code interoperability, strengthen partnerships with Chinese clearing institutions, and further engage in consultations with other international card schemes to jointly establish a convenient, open and inclusive payment ecosystem.

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APAC Remitters, Be Ready for a New Era in Cross-Border Money Movement

Fintech News

Challenges payment providers face today Historically, the absence of a global banking system has meant payments have been made across a network of correspondent banks. This fragmented, complex ecosystem drives up costs, slows down settlement, presents compliance challenges, and prevents transparency with every transaction.

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Real-Time Payments Surge in APAC as Modernisation Hurdles Persist

Fintech News

Cloud-based and modular architectures simplify integration, enhance innovation, and reduce complexity, empowering payment institutions to stay competitive in an evolving landscape. For instance, the UK and Europe, despite having long-established real-time payment systems, still face challenges in realising their full potential.