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UOB Becomes Direct Participant in China’s Cross-Border Payment System

Fintech News

UOB and its wholly owned subsidiary UOB China have signed agreements to become direct participants of China’s Cross-border Interbank Payment System (CIPS). As of May 2025, it connects 174 direct and 1,509 indirect participants globally. This strengthens their ability to support cross-border renminbi (RMB) transactions.

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Varo Bank Introduces Zero Fee Cash Deposits at Participating CVS Locations

Fintech Finance

has announced a collaboration with Green Dot Corporation (NYSE: GDOT) and CVS Health (NYSE: CVS) to enable deposits for no fee for millions of Varo Bank customers at over 7,500 participating CVS Pharmacy locations nationwide.1 Varo Bank , the first all-digital nationally chartered bank in the U.S.,

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Zimpler Partners With Swish to Unlock Direct Participation – Transforming Access to Swish Payments

Fintech Finance

Through Zimpler’s direct participation, businesses can now integrate Swish faster, at a lower cost, and with greater stability. The post Zimpler Partners With Swish to Unlock Direct Participation – Transforming Access to Swish Payments appeared first on FF News | Fintech Finance.

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Future of Payment Security Takes Center Stage at PCI SSC Meeting in Hanoi

Fintech News

Participants can attend in person or via livestream to hear from experts, including keynote speaker Dr. Bruce McCabe , a global futurist, who will discuss the future of payment security. The event aims to equip participants with actionable ideas and solutions to bring back to their organizations.

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Tencent and Visa Roll Out Palm Payment Trial in Singapore

Fintech News

The pilot program will begin in Singapore, allowing Visa cardholders from participating banks like DBS, OCBC, and UOB to pay with their palms at select merchants. Once registered, users can make future payments simply by waving their palm at participating merchants, eliminating the need for cards or phones.

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OCBC Becomes First Singapore Bank to Use Blockchain for Intraday Lending

Fintech News

We are excited to participate in and to explore other opportunities to collaborate with J.P. Morgan, said, “We are pleased to collaborate with OCBC in demonstrating the ability and interest for lenders to participate in an intraday liquidity market. Morgan on our joint digital agendas.”

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XTransfer Showcases Cross-Border Payment Solutions at SFF 2024

Fintech News

Bill Deng “We are very pleased to participate in the Singapore Fintech Festival. We hope to serve SMEs in Singapore in the future, radiating to the ASEAN region, utilising technology to help SMEs efficiently participate in global trade and enhance their global competitiveness.”