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Circle Internet Group announced the launch of its Circle Payments Network (CPN), a new system designed to connect financial institutions for cross-border payments using regulated stablecoins. The post Circle Launches Stablecoin Payments Network for Cross-Border Settlements appeared first on Fintech Singapore.
In 2025, payments firms must prioritise compliance, open banking expansion, and stablecoin readiness to navigate regulatory shifts and drive growth. With regulatory scrutiny at an all-time high, payments firms must keep pace with evolving regulations to avoid financial penalties and reputational risks.
Location Joburg Followers 5 Opinions 23 Follow Unfollow For years, stablecoins existed in a regulatory grey zone – popular as “digital cash” but lacking official oversight. policymakers have sketched out the first federal framework for payment stablecoins. This means the “stable” in stablecoin is now legally enforceable.
As the stablecoin market expands rapidly, many vendors are still emerging companies. Enterprises looking to leverage stablecoin technology face increased counterparty risk when partnering with these younger vendors. Reduced Counterparty Risk : Many stablecoin solution providers are startups without a long track record.
The Hong Kong Monetary Authority (HKMA) has revealed the participants for its stablecoin issuer sandbox, which will be able to test plans to issue a stablecoin in Hong Kong. The post HKMA Unveils Stablecoin Sandbox Participants, Ensuring ‘Sustainable and Responsible Development’ appeared first on The Fintech Times.
Circle officially launches its IPO Stablecoin issuer and infrastructure company Circle announced the launch of its IPO in May. These investments will be essential as Circle competes with traditional payment networks, other stablecoin issuers such as Tether, and new stablecoins that come online.
UK payments firms are grappling with a critical question: What level of risk is acceptable in a market that demands both innovation and resilience? From embedded finance and AI-driven risk tools to stablecoins and alternative payment rails, the pace of change is relentlessbut regulation has struggled to keep up.
This collaboration will see Standard Chartered providing essential services such as cash management, trading and custody, aimed at bolstering the infrastructure that supports these stablecoins. The post Paxos and Standard Chartered Form Strategic Alliance to ManageStablecoin Reserves appeared first on The Fintech Times.
In addition to keeping abreast of regulatory developments, firms will need to juggle proactive horizon scanning for new trends and risk typologies while exploring and embracing cutting-edge technologies like GenAI to bolster their riskmanagement frameworks.
Will Marwick CEO, IFX Payments The Payments Report 2024 highlights the growing impact of digital currencies, particularly stablecoins, as transformative payment solutions. The report notes how stablecoins, supported by regulatory developments, are driving advancements in digital commerce and cross-border transactions.
Terraform Labs, the company behind the Terra stablecoin, was a Singapore-registered startup not involved in activities requiring a license from the Monetary Authority of Singapore (MAS), and thus, was not licensed. In November last year, MAS had also approved stablecoin issuance aligned with its proposed regulatory framework.
As innovation continues in the virtual asset space, regulatory authorities in Hong Kong have proposed new regulatory rules for stablecoin issuers. Under the proposed regime, issuers would require a license from the HKMA to issue stablecoins that reference the value of one or more fiat currencies in Hong Kong.
Nikos Andrikogiannopoulos, CEO of Metrika, emphasized the significance of the collaboration: “By bringing our technology together with Moody’s Ratings’ expertise in evaluating financial exposures, we demonstrated how digital asset risks can be quantified within traditional risk assessment systems.
It highlights how innovation, regulation, AI, and riskmanagement are shaping the future of payments and impacting business models. Among these, the integration of blockchain and stablecoins in cross-border payments and treasury management emerged as a central theme. Why is it important?
These companies span every segment of the market, from long-established remittances players and banks to neobanks, business-to-business (B2B) platforms, stablecoin providers and regional specialists, and are powering global trade. Released on May 08, the 2025 Cross-Border Payments 100 recognizes industry leaders across the sector.
The proposed regulatory framework would create substantive obligations on issuers of fiat-referencing stablecoins to safeguard the public. The HKMA followed with its own press release announcing a future sandbox arrangement for stablecoin issuers.
2023 marked a pivotal year in the Asia-Pacific (APAC) region’s approach to crypto regulation, influenced significantly by the preceding implosion of Sam Bankman-Fried’s FTX exchange and the collapse of of Terra, the algorithmic stablecoin created by Korean entrepreneur Do Kwon.
Government Treasuries, backed by the BlackRock USD Institutional Digital Liquidity Fund, which can be minted and redeemed 24/7 using Ripple USD, a USD-denominated stablecoin. Delfi, a machine-learning riskmanagement platform for financial institutions, has partnered with three US banks to address interest rate riskmanagement.
AI will lead the way in transformation Dan Dica, CEO, Lynx Dan Dica , CEO, Lynx , the healthcare fintech explains how AI will transform riskmanagement and compliance in payments. “In 2024 and beyond, AI technology will transform payment riskmanagement and compliance, bringing efficiency and enhanced risk identification.
The EUR denominated stablecoin EURT, will be delisted in advance of the June 30 deadline. One area that the regulations currently get wrong is stablecoins. However, MiCA also introduces caps on the amount of stablecoin transactions that can occur within a set period.
Recently, the regulator made public proposals for issuing stablecoins, which it believes will allow UK crypto firms to compete internationally. Currently, the industry is dominated by two USD-pegged stablecoins, which represent about 90% of the market.
For a reliable and cost-effective compliance solution, QwikPay chose iDenfy to support its end-to-end onboarding and riskmanagement processes due to its combination of global identity coverage, AI-driven biometric verification, and continuous AML screening, combined with startup-friendly pricing.
In addition, stablecoins have emerged as the preferred medium for a significant portion of these illicit activities, driven by their perceived stability and ease of use. A significant regulatory development in 2023 was MAS’s finalisation of a stablecoin regulatory framework.
“This financing reflects the continued confidence in Atome’s ability to deliver inclusive, risk-managed credit at scale.” Latin America and the Caribbean Brazilian fintech Matera partnered with Circle to integrate stablecoins as a payment method. Indian digital lending platform LoanTap l ocked in $8.6
It simplifies compliance and riskmanagement by centralising sensitive data into a single, tightly controlled location. Even if a breach occurs, attackers get meaningless tokens rather than actionable payment credentials. Strategic Benefits Beyond Security The appeal of tokenisation goes beyond protecting against fraud.
OCBC’s Head of Group Data Office, Donald MacDonald, told Fintech News Singapore that AI makes over four million daily decisions for the bank across riskmanagement, customer service, and sales, with OCBC projecting this number to reach 10 million by 2025.
Any future digital pound will likely co-exist with stablecoins, e-money, tokenised deposits and an upgraded account-to-account payment infrastructure. Fraud Risk – Managing Double Spending Without Real-Time Reconciliation Offline mode breaks real-time ledger visibility, increasing the risk of double spending.
In addition, the implementation of Legal Entity Identifiers (LEIs) within RT2 offers further opportunities to: Enhance verification processes Improve fraud detection Streamline compliance procedures This enables more sophisticated riskmanagement and contributes to a more secure financial ecosystem, while helping to reduce administrative burdens.
Whats happening : Global trade and personal remittances, along with everyday transactions, are being shaken up by stablecoins and CBDC experiments, which may help create more transparent payment solutions.
Key areas of impact include fraud prevention, card fee structures, accessibility standards, stablecoin usage, and the treatment of consumer data in evolving open finance ecosystems. Implementation is expected in late 2025 or early 2026, bringing stablecoin issuers, custodians, and payment processors under FCA supervision.
Include strategic change programmes aligned with key priorities, including independent oversight, regulatory effectiveness, innovation, and riskmanagement. The Manifesto describes the 66 policies recommended by the 216 payments professionals who participate in The Payments Association’s stakeholder working groups.
Possible solutions include creating "white lists" for certain types of operations, raising limits without checks, or implementing real-time riskmanagement systems.
Additionally, the platform has designed an innovative zero-risk stable coin liquidity pool and a mature riskmanagement system for contracts of various risk levels. The platform strives to better meet market and user needs in areas such as risk isolation, asset pricing, and support for LSD assets.
Bullish , the regulated digital asset exchanges, today announced a partnership with Archax , the FCA-regulated digital asset exchange, broker, and custodian, as it aims to enhance liquidity for stablecoins launched by Archax on the Bullish Exchange, by utilising Bullishs proprietary Automated Market Maker (AMM).
This composability risk has been likened to a house of cards: great when it works, but one weak link (say a stablecoin depegging or a smart contract exploit) can affect many layered applications. Both worlds have had to learn that open innovation must be accompanied by robust riskmanagement.
Acting as the central trading infrastructure platform, Wyden enables Garanti BBVA Kripto to optimise profitability, manage liquidity and hedge risk and exposure while catering to its clients demands and needs. The platform also supports riskmanagement operations by offering hedging mechanisms to manage limits and exposures.
On the risk and operations side, common uses include fraud detection, anti-money-laundering pattern detection, credit risk scoring and trading optimization. finance leaders cite fraud and riskmanagement as areas in which they use AI. banks face challenges in AI adoption, such as regulatory compliance and riskmanagement.
This is part of MAS’s broader strategy to strengthen consumer safeguards and mitigate risks in the digital currency domain. Following its latest feedback publication on DPT regulations, MAS has introduced rules focusing on business conduct and technology riskmanagement.
In addition to keeping abreast of regulatory developments, firms will need to juggle proactive horizon scanning for new trends and risk typologies while exploring and embracing cutting-edge technologies like GenAI to bolster their riskmanagement frameworks.
David however pointed out that high-profile crypto collapses have in fact spurred investors to place greater emphasis on working with counterparties sporting the right credentials, particularly in the areas of riskmanagement, asset segregation, security and financial stability. “The market has validated our approach. .
Wimika RMS Technologies Ltd (Nigeria) The Wimika team is composed of seasoned professionals with diverse, yet complementary, expertise covering cybersecurity, software engineering, product management, insurance, fintech, digital fraud prevention, riskmanagement, legal and leadership.
Best for : Digital banks and B2B fintechs needing dynamic riskmanagement. Kantox A specialist in automated FX riskmanagement and dynamic hedging solutions, designed for companies with recurring currency exposure. Best for : Mid-sized businesses managing international receivables and payables.
The Consultation Paper comes shortly after the Financial Services and the Treasury Bureau and the HKMA issued a consultation paper in December 2023 outlining their legislative proposal for a regulatory regime governing stablecoin issuers in Hong Kong (see this Latham blog post ). reference assets). reference assets).
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