Cross-Border Payments Distributed Ledger Technology (DLT) Participant 
The Fintech Times
JUNE 6, 2024
This project aims to create a multi-central bank digital currency (CBDC) platform for instant cross-border payments and settlements, leveraging distributed ledger technology (DLT). The platform now invites further international participation and private sector proposals for value-added solutions.
Fintech News
DECEMBER 11, 2023
The aim of this PoC was to show how commercial banks could integrate two different types of CBDC systems into their existing banking infrastructure and perform end-to-end multilateral cross-currency transfers via the UDPN. The indirect model featured an on-chain DLT-based solution developed by UDPN engineers.
PYMNTS
OCTOBER 24, 2019
Cross-border payments still present challenges , but the landscape is changing rapidly. . Swift recently announced that its gpi service can integrate with domestic real-time systems to facilitate rapid cross-border transactions. Traditionally, most cross-border payments are made through Swift.
PYMNTS
OCTOBER 22, 2019
They frequently face delays and rack up fees as they pass through multiple FIs, and parties making these payments often wrestle with currency conversions and value fluctuations. International B2B Payments Pains. Global financial companies like Circle provide zero-fee remittances via DLT, and Ripple began piloting xRapid for U.S.
PYMNTS
SEPTEMBER 26, 2018
. “Building on the enterprise blockchain technology, Visa B2B Connect is a new transaction platform designed for the exchange of high-value international payments between participating banks on behalf of their corporate clients. “We think we can accelerate that as an integrated solution.” ”
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.
Fintech News
FEBRUARY 14, 2024
The paper discusses the contrasting trajectories of digital payments and digital trade finance, noting that cross-border payments have achieved rapid digitalization and benefited from a horizontal solution like Swift GPI.
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