Fintech Finance

MARCH 24, 2025

The platform integrates various components, including an Integration Platform for seamless connectivity, a Participant Portal for real-time transaction monitoring, and a Dispute Portal for efficient case resolution.

Instant Payments 90

Instant Payments Settlement Payments Central Bank 90

Fintech News

APRIL 2, 2025

This marks the initiative’s transition from a Bank for International Settlements (BIS) experimental project, started in 2021, into practical implementation. They intend to expand participation to other jurisdictions over time. The European Central Bank and Bank Indonesia will participate as special observers during this phase.

Global Payments 94

Global Payments Cross-Border Payments Central Bank Cross-Border 94

Fintech Finance

FEBRUARY 28, 2025

As the first tokenized RWA integrated into the MTN, Ondo’s Short-Term US Government Treasuries Fund (OUSG) will allow participating businesses to earn daily yield via tokenized assets with 24/7 subscriptions and redemptions, without the need for stablecoins onramps or settlement windows.

Visa 91

Visa Cross-Border Finance Payment APIs and Integration 91

The Fintech Times

APRIL 11, 2025

This new solution will connect Taurus -PROTECT clients to enhance collaboration with industry participants that are looking to rapidly adopt digital assets. Network participants retain control of their assets and never rely on Taurus to enter or unwind transactions.

Participant 59

Participant Settlement Irrevocability Compliance 59

The Fintech Times

FEBRUARY 3, 2025

Payment clearing and settlement system operator Payments Canada has revealed that it has made ‘substantial progress’ on the Real-Time Rail, Canada’s first real-time payment system, since the back-end of 2024. “Our last quarterly update was in October. “Our last quarterly update was in October.

Real Time Payments 64

Real Time Payments Credit Union Settlement Payments 64

Finextra

APRIL 8, 2024

The European Central Bank has put together a host of participants for exploratory work on the use of distributed ledger technology to settle wholesale transactions in central bank money.

Central Bank 126

Central Bank Settlement Participant Transactions 126

Fintech Finance

MAY 2, 2025

Rain announced it has joined Visa’s pilot program for stablecoin settlement. Rain has fully tokenized its credit card receivables and has transitioned all settlement transactions for its Visa cards to USDC, to now be able to settle with Visa 7 days a week, 365 days a year. ” This is just the beginning.

Credit Cards 59

Credit Cards Stablecoins Settlement Interoperability 59

Fintech Finance

JUNE 17, 2024

It will also explore additional features that could form part of an SO’s offering, such as those that could help reduce the liquidity needs of participants. Meridian FX will also connect an RTGS system with a DLT-based settlement platform, testing how the SO could support interoperability between existing and new ledger technologies.

Real Time Gross Settlement (RTGS) 97

Real Time Gross Settlement (RTGS) Distributed Ledger Technology (DLT) Settlement Interoperability 97

Fintech News

NOVEMBER 12, 2024

The ninth edition of the Singapore Fintech Festival (SFF) wrapped up on 8th November, concluding a dynamic week-long of celebration of fintech that brought together tens of thousands of participants from around the world. The year’s conference featured an impressive lineup of over 900 speakers across more than 400 sessions.

FinTech 106

FinTech Cross-Border Payments Cross-Border Payment APIs and Integration 106

The Fintech Times

NOVEMBER 6, 2024

The collaboration will see Mastercard join Buna’s cross-border payment systems as a direct participant. Buna’s Real-Time Gross Settlement service, with its extended operating hours, and Instant Payments System’s 24/7 availability offer a unique advantage for direct participants.

Cross-Border Payments 59

Cross-Border Payments Cross-Border Visa Multi-Currency 59

Finextra

JULY 19, 2024

Cboe Clear Europe, the largest pan-European clearing house, has successfully participated in the Eurosystem’s recent exploratory work testing the use of new technologies for the settlement of wholesale transactions in central bank money. The experiments specifically aim to explore the potential of distributed ledger technology (DLT).

Distributed Ledger Technology (DLT) 64

Distributed Ledger Technology (DLT) Participant CBDC Central Bank 64

The Fintech Times

NOVEMBER 8, 2024

Cross-border payments often lead to delayed settlements, creating a fragmented view of liquidity positions for companies. Pilot participant Janko Hahn , head of treasury operations at Autoneum , said: “The UBS Digital Cash pilot showcased the key advantages of blockchain-based payment solutions.

Cross-Border 59

Cross-Border Cross-Border Payments Payment Solutions Blockchain 59

Fintech Finance

MARCH 24, 2025

The platform integrates various components, including an Integration Platform for seamless connectivity, a Participant Portal for real-time transaction monitoring, and a Dispute Portal for efficient case resolution.

Instant Payments 69

Instant Payments Settlement Payments Central Bank 69

Fintech News

MAY 15, 2024

Project Agorá, an initiative by the Bank for International Settlements (BIS) alongside major central banks and the Institute of International Finance (IIF), is moving forward and inviting private sector involvement. Smart contracts could revolutionise settlement processes, allowing for transactions that are currently impractical.

Cross-Border Payments 144

Cross-Border Payments Cross-Border Federal Reserve Central Bank 144

The Fintech Times

MAY 18, 2024

Eurosystem , the monetary authority of the eurozone, has been exploring the possible use cases of distributed ledger technology (DLT) to conduct wholesale settlement in central bank money. Initially, 16 private companies will conduct trials involving actual settlement in central bank money.

Central Bank 75

Central Bank Settlement Distributed Ledger Technology (DLT) Interoperability 75

The Fintech Times

AUGUST 28, 2024

Through the project , HKMA explores financial market infrastructure that facilitates seamless interbank settlement of tokenised money through a wCBDC. Having completed building the sandbox, HKMA will use it to facilitate interbank settlement using experimental tokenised money, focusing on transactions involving these tokenised assets.

Interbank Settlement 134

Interbank Settlement CBDC Settlement Use Case 134

Fintech Finance

DECEMBER 16, 2024

Juicyway addresses this need by leveraging stablecoin technology to enable fast, affordable global money transfers with 24/7 execution and settlement. Founded in 2021 by Ife Johnson and Justin Ziegler , Juicyway enables individuals and businesses to send, receive, and process payments globally.

Cross-Border Payments 98

Cross-Border Payments Cross-Border Stablecoins Payments 98

Fintech News

APRIL 3, 2024

The Bank for International Settlements (BIS) , in concert with seven prominent central banks, has embarked on an exploratory project known as Project Agorá aiming to modernise international monetary transactions. Being a member of the IIF is not a requirement to participate.

Cross-Border Payments 123

Cross-Border Payments Cross-Border Central Bank Federal Reserve 123

The Fintech Times

JANUARY 22, 2025

Specifically, the Riksbank has put out a call to Swedish banks inviting them to participate in the ongoing work. This will include discussions on the design of the Target Instant Payment Settlement (TIPS) system, the system facilitating instant payments across countries, and actual testing of it.

Central Bank 59

Central Bank Instant Payments Participant Facilitators 59

EBizCharge

DECEMBER 18, 2024

A clearinghouse is an intermediary organization that facilitates the settlement of transactions, ensuring the accurate and efficient exchange of money, securities, or data between parties in financial or other transactional systems. This benefits buyers and sellers by providing quicker settlements.

Facilitators 52

Facilitators Transactions Settlement Mitigation 52

Fintech News

NOVEMBER 5, 2024

The project is a collaboration between the Bank for International Settlements (BIS) Innovation Hub and central banks from India, Malaysia, the Philippines, Singapore, and Thailand. The regulator will explore potential connections between its TARGET Instant Payment Settlement system and other fast payment networks.

ISO 20022 106

ISO 20022 Central Bank Cross-Border Payments Settlement 106

Fintech News

MAY 21, 2024

Source; SBI DAH The Future of Digital Assets: CBDCs and Cryptocurrencies Looking ahead, the survey participants anticipate greater adoption of various digital assets over the next three years. Moreover, tokenised securities offer the potential for shorter settlement periods. Institutional investors focus on digital assets.

Settlement 139

Settlement Cryptocurrency Blockchain Digital Currency 139

Fintech News

JUNE 4, 2024

The Bank for International Settlements (BIS) has launched Project Rialto to test the potential for improving instant cross-border payments through a combination of a modular foreign exchange (FX) component and wholesale central bank digital currencies (wCBDC).

Cross-Border Payments 100

Cross-Border Payments Cross-Border CBDC Settlement 100

The Fintech Times

MARCH 25, 2025

Meeting both local and international regulatory standards, the platform integrates various components, including an Integration Platform for seamless connectivity, a Participant Portal for real-time transaction monitoring, and a Dispute Portal for efficient case resolution.

Instant Payments 59

Instant Payments Payments Settlement Central Bank 59

Fintech News

JULY 14, 2024

Partior, a fintech known for its global unified ledger based interbank rails for real-time clearing and settlement, has announced the first close of an over US$60 million Series B funding round led by Peak XV Partners, with participation from Valor Capital Group and Jump Trading Group as new investors. Existing shareholders J.P.

Cross-Border 106

Cross-Border Correspondent Bank Multi-Currency Settlement 106

PYMNTS

FEBRUARY 6, 2020

In a recent conversation with PYMNTS, Transparent Systems Co-Founder and Chief Technology Officer Jeff Kramer remained mum on the particular details of the company’s infrastructure, although the firm described itself as an “on-demand 24/7 settlement” solution that leverages “cryptographically-secured” distributed blockchain networks.

Settlement 67

Settlement B2B Same Day ACH ACH 67

Finovate

DECEMBER 17, 2024

The round was led by Haun Ventures with participation from Coinbase Ventures and Tiger Global. The company integrates with established banking networks like SWIFT and SEPA to provide real-time settlement and the ability to operate outside of standard banking hours. BVNK plans to launch in the U.S. The investment is the U.K.-based

Stablecoins 59

Stablecoins Cross-Border Payments SWIFT Cross-Border 59

Fintech News

DECEMBER 9, 2024

To further strengthen this foundation, GL1’s scope is expanding to include the development of control principles, specifications for market infrastructures and asset lifecycles, and compliance-by-design templates to accelerate onboarding for new participants.

Cryptocurrency 113

Cryptocurrency Cross-Border Consumer Protection Facilitators 113

Finextra

SEPTEMBER 16, 2024

More than 40 private sector financial firms, convened by the Institute of International Finance, will join the Bank for International Settlements and a group of leading central banks in Project Agorá to explore how tokenisation can enhance wholesale cross-border payments.

Participant 59

Participant Cross-Border Payments Cross-Border Central Bank 59

Clearly Payments

MARCH 14, 2025

It occurs in a matter of seconds but consists of multiple stages, from authorization to settlement. From the cardholder to the merchant, and all the way through the financial institutions and payment processors, each participant brings something essential to the table. Credit Card Use Overview in USA and Canada In the U.S.,

Credit Cards 52

Credit Cards Transactions PCI DSS Online and Mobile Banking 52

Fintech Finance

APRIL 24, 2024

We will join as a participant bank and as Visa’s new settlement partner for a set of currencies. Our engagement in the Visa B2B Connect network – both as a participant and as a settlement bank – is yet another way we are delivering value add to the broader ecosystem as we support corporates on their payments journey.”

Cross-Border Payments 92

Cross-Border Payments Cross-Border Settlement B2B 92

Fintech News

OCTOBER 23, 2024

Indonesia will continue its participation as a special observer. As part of its efforts to link its TARGET Instant Payment Settlement (TIPS) with other fast payment systems, the Eurosystem, the monetary authority of the eurozone, has expressed its intention to join Project Nexus.

Central Bank 125

Central Bank ISO 20022 Cross-Border Payments Cross-Border 125

Fintech News

DECEMBER 11, 2023

The first being the indirect model, where commercial banks manage CBDC wallets and settlements directly on the UDPN, while the central bank handles wholesale settlement between commercial banks and keeps all transaction records. The indirect model featured an on-chain DLT-based solution developed by UDPN engineers.

CBDC 110

CBDC Distributed Ledger Technology (DLT) Cross-Border Central Bank 110

Fintech Finance

NOVEMBER 6, 2024

The collaboration will see Mastercard join Buna’s cross-border payment systems as a direct participant. Buna’s Real-Time Gross Settlement service, with its extended operating hours, and Instant Payments System’s 24/7 availability offer a unique advantage for direct participants.

Cross-Border Payments 97

Cross-Border Payments Visa Cross-Border Multi-Currency 97

The Fintech Times

JUNE 6, 2024

Project mBridge , a collaborative initiative involving multiple central banks and the Bank for International Settlements’ (BIS), h as reached an important development milestone. The platform now invites further international participation and private sector proposals for value-added solutions.

Participant 45

Participant Distributed Ledger Technology (DLT) Cross-Border Payments CBDC 45

Fintech News

JUNE 12, 2024

The Bank for International Settlements (BIS) Innovation Hub ‘s Point Zero Forum 2023 roundtable brought together key stakeholders and leaders from both the public and private sectors to discuss opportunities and challenges in cross-border payments.

Cross-Border Payments 118

Cross-Border Payments Cross-Border Interoperability Payments 118

Fintech News

JANUARY 21, 2025

Regional integration is playing a key role, with governments accelerating their efforts to enhance cross-border commerce and digital economy participation.

Payment APIs and Integration 106

Payment APIs and Integration Finance Cross-Border API 106