Tearsheet

FEBRUARY 16, 2024

This extended partnership will focus on integrating additional instant payment use cases across a range of payment flows for consumers, businesses, and governments. FedNow and RTP are eyeing new use cases to compete for bank partnerships, however, achieving widespread adoption remains a shared hurdle for both instant payment rails.

Instant Payments 119

Instant Payments RTP Visa TCH 119

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 109

Payment APIs and Integration Finance Cross-Border API 109

Finovate

MAY 22, 2025

Circle has launched the Circle Payments Network (CPN) to modernize the $190 trillion cross-border payments market with blockchain-based, near-instant settlement. CPN enables financial institutions to securely exchange payment instructions and settle transactions using USDC on public blockchains. “We are just getting started.

Payment Networks 52

Payment Networks Cross-Border Payments Cross-Border Stablecoins 52

Fintech News

OCTOBER 6, 2024

Banks in North America, Europe, and Asia will participate, using Swift ’s platform to conduct transactions involving both digital assets and traditional currencies. Key use cases for these trials include payments, foreign exchange (FX), and securities transactions.

SWIFT 113

SWIFT Transactions Settlement Use Case 113

The Payments Association

JUNE 3, 2025

Das added that improved liquidity due to streamlined settlement processes will reduce the need for intermediary currencies and lower the transaction costs. These projects leveraged distributed ledger technology (DLT) to settle trades more quickly and securely, using delivery-versus-payment (DvP) mechanisms that reduce counterparty risk. .”

CBDC 88

CBDC Cross-Border Central Bank Cross-Border Payments 88

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. It has now completed its first experiment using DLT, giving the monetary authority a glimpse into the potential merits of the tech.

Central Bank 75

Central Bank Settlement Distributed Ledger Technology (DLT) Interoperability 75

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

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 113

CBDC Distributed Ledger Technology (DLT) Cross-Border Central Bank 113

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 Finance

JUNE 2, 2025

Visa A2A also benefits businesses, as near real-time settlement through Pay.UKs Faster Payment System gives them greater visibility over payments and makes cash flow management simpler. Visa A2A is based on an open model that will enable banks and other industry partners to join and extend open banking-enabled payments to businesses.

Consumer Protection 59

Consumer Protection Consumer Participant Innovation 59

Fintech News

MAY 11, 2025

DBS Bank is also a participating bank in PayNow, Singapores consumer real-time payments service. This technology-driven approach enables Thunes to support a wide variety of use cases including gig economy payouts, e-wallet interoperability, and financial inclusion efforts.

Cross-Border Payments 121

Cross-Border Payments Cross-Border APACS Distributed Ledger Technology (DLT) 121

Fintech Finance

MAY 1, 2025

Soon consumers will enable AI agents via AI platforms to use a Visa credential (of which there are 4.8 billion today) at any accepting merchant location (currently totaling over 150 million) for any payment use case. “Historically, Visa has used AI to protect consumers, harnessing it to help combat fraud.

AI 59

AI Credential Stablecoins Payment APIs and Integration 59

Fintech Finance

AUGUST 14, 2024

We have already seen successful use cases on our Whale platform in areas such as instant tax refund services and SME cross-border payments, and we will continue working together with industry partners and leveraging blockchain technology to enable more open and inclusive cross-border payments.”

Liquidity Management 98

Liquidity Management Treasury Multi-Currency Cross-Border Payments 98

Fintech News

MARCH 25, 2024

Over the last six months, 38 global institutions participated in Swift’s CBDC sandbox, marking it as one of the most extensive CBDC experiments to date. Specifically, in digital trade, the experiments proved the capability for interoperability among diverse digital networks, facilitating atomic trade payments.

CBDC 109

CBDC SWIFT Interoperability Settlement 109

Fintech Finance

SEPTEMBER 17, 2024

This is a new type of financial market infrastructure that can deliver new capabilities for payments and settlement, including tokenisation and programmability. New functionality, such as programmable payments and locking/unlocking of funds, was demonstrated across a range of use cases.

Regulations 98

Regulations Finance Settlement Legal 98

Fintech Finance

MARCH 26, 2024

The second phase of sandbox testing went further, exploring more complex use cases, using Swift’s solution to connect and orchestrate transactions across simulated digital trade and tokenised asset and FX networks, alongside CBDCs for payments. More than 750 transactions were carried out over the course of the experiments.

Cross-Border 52

Cross-Border Use Case SWIFT CBDC 52

The Fintech Times

APRIL 17, 2024

Key participants in the UK initiative include Barclays, Citi, HSBC, Lloyds Banking Group, Mastercard, NatWest, Nationwide, Santander, Standard Chartered, Virgin Money and Visa. Supported by EY and Linklaters , the technological backbone of this endeavour comprises R3, Quant, DXC Technology (DXC) and Coadjute.

Payment APIs and Integration 137

Payment APIs and Integration Blockchain Finance Digital Payments 137

The Fintech Times

MAY 1, 2025

Soon consumers will enable AI agents via AI platforms to use a Visa credential (of which there are currently 4.8 billion) at any accepting merchant location for any payment use case. Historically, Visa has used AI to protect consumers, harnessing it to help combat fraud,” added McInerney.

Stablecoins 45

Stablecoins AI Credential Payment APIs and Integration 45

Fintech News

AUGUST 12, 2024

The solution reduces the settlement time for intra-group transactions from days to seconds, optimising liquidity and working capital while offering corporate treasurers improved control and predictability over cash positions.

Treasury 97

Treasury Blockchain Cross-Border Payments Multi-Currency 97

PYMNTS

AUGUST 10, 2020

Waiting for the Fed — and its promise of interoperability, which requires participation from the private sector — is akin to playing the (very) long game. Expanding The Use Cases. Waterhouse said that getting banks to sign on is about showing them the relevant use cases that will drive revenue and even new customer acquisition.

Real Time Payments 138

Real Time Payments RTP TCH Federal Reserve 138

The Fintech Times

OCTOBER 29, 2024

B2C2 , a company specialising in institutional liquidity for digital assets, is adding OpenPayd ’s embedded finance capabilities to its global instant settlement network. This latest round includes participation from two of the world’s largest credit funds, alongside lead arranger Deutsche Bank.

FinTech 64

FinTech Multi-Currency Embedded Finance Cryptocurrency 64

The Fintech Times

SEPTEMBER 25, 2024

The HKMA completed Phase 1 of the e-HKD Pilot Programme in October 2023 and had studied domestic retail use cases in various areas such as programmable payments, settlement of tokenised assets, and offline payments. The programme aims to assess how these digital money systems can work commercially.

Authorization 59

Authorization Digital Currency Use Case Settlement 59

The Payments Association

MAY 7, 2025

The process of digitisng RWAs into tradable tokens can enhance liquidity, transparency and accessibility by enabling 24/7 transferability, near-instant settlement and automated compliance via smart contracts. This reduces reliance on intermediaries, accelerates transactions and broadens market access.

Settlement 88

Settlement Liquidity Management Treasury Blockchain 88

Faster Payments Council

AUGUST 23, 2024

The moderator will drive the conversation, but audience participation will be encouraged! Financial Institutions are enabling use cases and improving send reach that allows customers to manage their cash on hand and easily disburse payments up to the due date while maintaining a positive account status and avoiding late fees.

FPC 128

FPC ISO 20022 Federal Reserve Instant Payments 128

PYMNTS

FEBRUARY 7, 2020

Eight Roads led the round, while Telefónica Innovation Ventures, Telekom Innovation Pool of Deutsche Telekom, HKT and Singtel Innov8 also participated, according to TechCrunch reports. The company will deploy the funding to focus on product development, engineering and global expansion.

B2B 98

B2B Blockchain Cross-Border FinTech 98

PYMNTS

NOVEMBER 8, 2017

“But they also can be used in the healthcare industry and often in supply chain settings as well, so there [are] lots of interesting stories and use cases there.”. For financial services firms, the benefits of using blockchain and distributed ledger technologies were fairly apparent, Behlendorf said.

Blockchain 86

Blockchain API Use Case B2B 86

PYMNTS

NOVEMBER 25, 2020

The age of digital currencies might be fully upon us, but key questions swirl about how to issue and regulate cryptos – especially stablecoins. Among the potential and evolving use cases: private stablecoins can conceivably be adopted as a means of payment for online purchases, peer-to-peer and micro-payments and a range of potential future.

Stablecoins 92

Stablecoins Regulations Distributed Ledger Technology (DLT) Digital Currency 92

Fintech Finance

OCTOBER 30, 2024

As part of Fnality’s vision to develop a regulated FMI that addresses a variety of pain points across the financial market, these successfully settled margin transfers are a first step in exploring the potential use of £FnPS for cleared margin payments in the future, subject to further regulatory analysis.

Distributed Ledger Technology (DLT) 96

Distributed Ledger Technology (DLT) Liquidity Management Central Bank Payments 96

Fintech News

DECEMBER 20, 2023

Efforts were also made to advance digital assets, tokenization and central bank digital currency (CBDC) experimentation with initiatives such as Project Guardian and Project Orchid expanding to include more use cases and moving towards “live” pilots.

FinTech 109

FinTech Cross-Border CBDC Web 3.0 109

PYMNTS

OCTOBER 12, 2020

As reported in August, the Fed had announced some additional details of the 24/7 year-round interbank settlement service through a program that began to take shape in 2019, geared toward speeding processing times tied to instant payments (and featuring a clearing function). Looking Toward Interoperability And Scale . The Timeframe .

Instant Payments 97

Instant Payments FedNow Fed Interoperability 97

Fintech News

JUNE 19, 2024

This means that unlike a lot of digital assets, whose practical applications might not be known for some time (if ever), stablecoins have begun to show demonstrable real-world use cases. StraitsX’s journey into stablecoins began with the recognition of the potential benefits of blockchain technology in cross-border payments.

Stablecoins 113

Stablecoins Cross-Border Cross-Border Payments Blockchain 113

PYMNTS

MARCH 15, 2019

The appointment signals the Commerce Department’s interest in exploring distributed ledger technology to facilitate trade finance , an increasingly common use case for blockchain solutions. The digital currency is currently used by the R3 Corda platform in its settlement process to facilitate movement of money across borders.

Finance 76

Finance Visa Blockchain Interoperability 76

PYMNTS

SEPTEMBER 16, 2016

Ripple , the provider of financial settlement services, announced on Thursday (Sept. Ripple said the funds will be used to accelerate customer growth, pursue strategic partnerships and grow the company’s team internationally. 15) it completed a $55 million Series B round of financing.

Cross-Border Payments 74

Cross-Border Payments Cross-Border Settlement Use Case 74

Faster Payments Council

FEBRUARY 6, 2022

This month, the FPC released the results of the third installment of the Faster Payments Barometer, the annual survey that gauges progress and perceptions around faster payments, use cases, trends, and challenges. And other industry participants and FPC Members are working towards real-time cross-border payments as well.

Faster Payments 68

Faster Payments Cross-Border Payments Cross-Border FPC 68

Fintech News

DECEMBER 12, 2024

One prominent use case is in onward lending models. VD is often used to fund these FLDG deposits, allowing fintech startups to participate in such partnerships without using their own equity or cash reserves. This ensure liquidity and supports transaction growth.

FinTech 98

FinTech Embedded Finance Payment APIs and Integration NOV 98

Finovate

JULY 26, 2024

Again, one of the main areas of emphasis is cybersecurity, which MAS identified as a use case for the first pilot project. Valor Capital Group and Jump Trading Group also participated as new investors along with existing shareholders J.P. With regard to AI, MAS is also supporting the development of AI innovation centers.

AI 72

AI Cross-Border Payment APIs and Integration Multi-Currency 72

PYMNTS

FEBRUARY 11, 2019

NACHA and Same Day ACH debuted EXACT DATE to enable same-day settlements through three settlement windows, and are currently exploring options to extend that availability on weekends and holidays. based digital payments network that has gained traction among individual customers and, of course, a growing list of participating U.S.

Faster Payments 78

Faster Payments Real Time Payments Same Day ACH Payments 78