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2024 Payment Methods Report: Overview, Insights, and Statistics

Clearly Payments

Wholesale CBDCs focus on interbank settlements, enhancing security and efficiency in large transactions between financial institutions. While still niche, these options could play a larger role in cross-border payments, with stablecoins providing a more stable digital currency alternative.

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Fintech in Singapore: 2023 in Review

Fintech News

Singapore furthers payment innovation aspirations 2023 also saw Singapore advance its payment innovation ambitions, particularly in the realms of electronic payments and cross-border payment capabilities. SGQR+ aims to increase the number of payment methods that merchants can accept.

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A Closer Look At Ripple’s Money-Saving Claims

PYMNTS

Among one of the loudest of these blockchain champions is Ripple, a FinTech firm that has recently secured millions of dollars in investments and strategic partnerships aimed at promoting blockchain technology’s use for traditionally friction-rich areas, like cross-border payments and real-time payments.

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Peru Taps Vocalink In Payments System Overhaul

PYMNTS

Separately, a number of retailers, among them giants Target and Walmart, have requested that the Federal Reserve create a real-time interbank settlement system. The Fed, of course, has been eyeing the creation of a faster payments system, and yet there may be some challenges afoot, noted The Wall Street Journal.