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Australia Launches Major Tokenisation Pilot with Central Bank and Industry Players

The Fintech Times

Australia’s central bank and a government-backed research centre have selected 24 industry participants to trial digital settlement systems for tokenised assets, in a project exploring the future of wholesale finance. The pilots span asset classes such as fixed income, private markets, trade receivables and carbon credits.

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Is 2025 Finally the Year for Open Finance in Southeast Asia?

Fintech News

A new report by Twimbit, a Singapore-based research and advisory firm, highlights the state of open finance in Southeast Asia, exploring the different factors such as regional integration, technological innovation, evolving business models, and API monetization that are fueling the growth of the sector.

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CBDCs in practice: What we’ve learned from the early movers

The Payments Association

With more than 130 jurisdictions now researching or developing CBDCsranging from early-stage exploration to live deploymentsglobal momentum is steadily building. James Hurren explores what early CBDC deployments across Asia, the Caribbean, and Europe reveal about usage, adoption, and the future of cross-border digital money.

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Australia Advances Project Acacia to Test CBDCs and Tokenised Assets

Fintech News

According to The Block , the Reserve Bank of Australia (RBA) said that it will trial 24 use cases in this next stage, with participation from fintech firms and leading banks. Participating institutions include major Australian banks such as the Commonwealth Bank of Australia, Australia and New Zealand Banking Group, and Westpac.

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Deep Dive: Mastercard’s Shift - From Plastic to Platforms

Finextra

Mastercard has deliberately evolved “beyond the card” to support a much wider range of payment types and use cases. For instance, Mastercard acquired Vocalink in 2017 to enter the ACH and real-time payments space (today it directly participates in or powers multiple domestic bank transfer schemes). Cards are just one rail now.

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Why the U.S. has reached a real-time tipping point

Finextra

Nacha’s Smarter Faster Payments conference highlighted the progress that is now being made to expand use-cases and benefits. Similarly, a record 98 million transactions were made through The Clearing House (TCH-RTP) network in Q4 2024 [3]. is taking steps to increase transfer limits.

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ECB partners with private sector through digital euro innovation platform

Neopay

Almost 70 market participants including merchants, fintech companies, start-ups, banks and other payment service providers have signed up to work with the ECB to explore digital euro payment functionalities and use cases. It is also developing potential use cases for day-to-day payments.