article thumbnail

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.

article thumbnail

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

The Fintech Times

By enabling interoperability between bank solutions, payments can be completed 24/7 with FX settlement conducted in real-time. ” The post Project Guardian: Interoperability From Tokenised Bank Liabilities Could Save Firms $50bn in FX Fees appeared first on The Fintech Times.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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 transition to ISO 20022, a global standard for financial messaging, is expected to […] The post ISO 20022 migration pushed back to July 14 appeared first on Bank Automation News.

ISO 20022 142
article thumbnail

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. Explore our Open Banking in a Box Programme below and contact Helen Child for more details.

article thumbnail

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.

article thumbnail

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.

article thumbnail

Cambodia’s Bakong Tourists App Now Supports Visa Cards for Payments

Fintech News

The integration of VISA with the Bakong Tourists App enhances interoperability, fosters a cashless society, and aligns with Cambodias digital economy goals.” ” Featured image credit: NBC’s LinkedIn page The post Cambodia’s Bakong Tourists App Now Supports Visa Cards for Payments appeared first on Fintech Singapore.