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Mastercard Advances Stablecoin Use for Consumer Payments, Merchant Settlements

Fintech News

The payment giants approach covers wallet enablement, card issuance, acceptance, and settlement options to support the everyday use of stablecoins alongside traditional money. The post Mastercard Advances Stablecoin Use for Consumer Payments, Merchant Settlements appeared first on Fintech Singapore.

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OCBC and Ant International to Pilot Real-Time Blockchain Solution for Fund Settlements

Fintech News

OCBC Bank and Ant International have announced a strategic partnership aimed at streamlining cross-border fund settlements using tokenised deposits and leveraging advanced encryption and AI. The collaboration will prioritise enabling real-time payments between Singapore and Malaysia, 24/7, via Ant International’s Whale platform.

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XTransfer, OCBC Team Up to Provide Enhanced Financial Services for SMEs

Fintech News

OCBC China will also act as XTransfer’s global account manager, working closely with the banks subsidiaries to support cross-border settlements and facilitate business growth. The post XTransfer, OCBC Team Up to Provide Enhanced Financial Services for SMEs appeared first on Fintech Singapore.

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Empowering Financial Institutions: An Interview with the CEO of Almond FinTech

Fintech Review

Almond’s blockchain-driven Settlement Optimization Engine (SOE) addresses critical speed, transparency, and cost challenges in cross-border payments. The SOE optimises transaction routes and provides near-instantaneous settlement for financial institutions globally. Let’s dive in. Our SOE works the same way.

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6 Asian Companies Recognized Among the World’s Most Promising in Cross-Border Payments

Fintech News

Founded in 2021, Partior utilizes blockchain technology to transform clearing and settlement, and redefine the way value moves globally. Partior’s platform is live with prominent currencies, such as USD, EUR and SGD, and is used by major banks and firms, including DBS, JP Morgan, Standard Chartered, Siemens and iFAST Financial.

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Partior Closes Series B at US$80 Million with Deutsche Bank Investment

Fintech News

Deutsche Bank’s additional investment reinforces Partior’s plans to scale its operations globally and enhance cross-border capabilities as well as develop functions like Intraday FX swaps and Just-in-Time multi-bank payments.

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What Canadian Merchants Need to Know About International Payment Processing

Clearly Payments

Selling products and services internationally means facing new challenges, especially regarding payment processing, regulatory requirements, currency exchanges, and fraud prevention. Look for processors with: Multi-currency support : To allow customers to pay in their preferred currency.