Fintech News

AUGUST 12, 2024

DBS has initiated the pilot of the “DBS Treasury Tokens”, a blockchain-based solution designed for next-generation treasury and liquidity management, in collaboration with Ant International. DBS Treasury Tokens aim to address the needs of large corporations like Ant International, which operate across multiple markets.

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Treasury Blockchain Cross-Border Payments Multi-Currency 96

PYMNTS

FEBRUARY 2, 2021

The company said it has launched VisaNet +AI to enhance posting and settlement, and eliminate the guesswork tied to knowing where funds will hit and when. Cross-border transactions, for example, can vary widely from initiation to final settlement, impacted by foreign exchange (FX) rates. Smarter Settlement.

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Settlement AI Process Issuers 111

Fintech Finance

NOVEMBER 1, 2024

Traditional card payment schemes, with their high fees and slow settlement times, are inadequate for the fast-paced, dynamic markets of Southeast Asia and South Asia. Next-Day Payouts: With HitPay’s regional payment licenses and in-house treasury infrastructure, businesses benefit from next-day settlements, supporting healthier cash flow.

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Cross-Border Payments Cross-Border Real Time Payments APACS 98

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.

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Cross-Border Cross-Border Payments Payment Solutions Blockchain 59

Fintech Finance

DECEMBER 9, 2024

The new Embedded Finance segment deepens Ant International’s ecosystem by offering a rich array of FX, treasury management, inclusive lending and other AI-powered fintech solutions to clients and partners across the other three main businesses.

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Embedded Finance Cross-Border AI Cross-Border Settlement 98

Fintech Finance

FEBRUARY 10, 2025

This achievement represents a major step forward in modernizing high-value payments for our clients, said Jennifer Barker, Global Head of Treasury Services and Depositary Receipts at BNY. Currently, over 285,000 businesses rely on the RTP network each month to send and receive payments.

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Transaction Limits Instant Payments RTP Transactions 105

Fintech Finance

JULY 15, 2024

WorldFirst’s clients will be able to access payment schemes under SEPA in real-time and automate treasury payments to optimise their operations. In addition, BNP Paribas will explore innovations in tokenised deposits for global treasury management with Ant International, through the latter’s Whale platform.

Cross-Border Payments 98

Cross-Border Payments Cross-Border Treasury Management Treasury 98

PYMNTS

OCTOBER 6, 2020

Bank of America is rolling out three new application programming interfaces (APIs) as it supports the growing demand for up-to-the-moment data and processing in business treasury. The new APIs help with foreign exchange (FX) settlement, obtaining check images and retrieving reports, according to a Tuesday (Oct. 6) announcement.

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Treasury API Cross-Border Cross-Border Payments 75

The Payments Association

DECEMBER 17, 2024

RLUSD is ideal for financial use cases and allows institutions to: Facilitate instant settlement of cross-border payments. Access liquidity for remittance and treasury operations. Provide collateralization for trading tokenized real-world assets such as commodities, securities, and treasuries onchain.

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Stablecoins Compliance Federal Reserve Cross-Border Payments 88

PYMNTS

SEPTEMBER 3, 2020

McFarland said the problem is with treasury banks — necessary parties to these transactions — struggling to meet the infrastructure requirements. It makes it difficult for [treasury banks] to adapt along with that technology. And McFarland said that it’s also where FinTechs tend to enter the picture for large treasury banks.

Instant Payments 98

Instant Payments Treasury Payments Credential 98

Fintech News

OCTOBER 23, 2024

Australia’s digital money work plan will kickstart with the public launch of Project Acacia, an initiative focusing on assessing the feasibility of new forms of digital money and settlement infrastructure to improve the efficiency, transparency and resilience of wholesale markets.

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Central Bank CBDC Settlement Treasury 128

PYMNTS

DECEMBER 3, 2020

The digital shift brought on by the coronavirus has caused treasury banks to reprioritize their support of digital payments as consumers and merchants increasingly demand fast, easy and secure ways to get their money. Hernandez touts end-to-end solutions like Mastercard Send as the kind of solution that many treasury banks are adopting.

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Treasury Visa Digital Payments Debit Card 89

Fintech Finance

APRIL 7, 2025

With the introduction of ILS Global Accounts, businesses can now benefit from local collection capabilities, real-time settlement for faster payments, and streamlined treasury management. ” The post Airwallex Enables Businesses to Collect and Hold Funds in Israeli Shekels appeared first on FF News | Fintech Finance.

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Multi-Currency Payment APIs and Integration Embedded Finance Cross-Border 52

PYMNTS

NOVEMBER 4, 2016

Patrick Moore , executive vice president and head of Capital One ‘s Treasury Management Product Management group, told PYMNTS that these collaborations offer the ability to integrate niche FinTech capabilities into Capital One’s broader range of services.

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Treasury Management Treasury Innovation Blockchain 79

Finextra

APRIL 22, 2025

tZERO) today announced the launch of Lynq, a real-time, yield-bearing settlement network powered by a tokenized treasury fund custodied at a special purpose broker-dealer. Arca Labs, Tassat Group, Inc. Tassat), and tZERO Group, Inc.

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Settlement Treasury 52

The Fintech Times

MAY 15, 2024

Standard Chartered , the international cross-border bank, has become the first Euro settlement bank to go live on Partior, the global unified ledger market infrastructure, and has completed Euro-denominated cross-border transactions between Hong Kong and Singapore.

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Cross-Border Distributed Ledger Technology (DLT) Cross-Border Settlement Blockchain 124

PYMNTS

OCTOBER 10, 2019

Bank of America (BoA) may have hired a treasury product manager to work with Ripple. The job listing said that the treasury product manager must have previous experience in the payments sector, but that specific knowledge of cryptocurrency wasn’t necessary.

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Treasury Product Cross-Border Payments Cryptocurrency 76

Finextra

JUNE 26, 2024

At EBAday 2024, Bana Akkad-Azhari, Head of Treasury Services EMEA at BNY, discusses the innovations, client demands, and regulatory changes, like ISO20022 migration and T+1 settlement transition, that are reshaping transaction banking.

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Transactions Treasury Settlement On-Demand 95

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. With remittance fees in Africa averaging 13% on $200 transfers in Q4 2023, there is a clear need for cost-effective solutions.

Cross-Border Payments 98

Cross-Border Payments Cross-Border Stablecoins Payments 98

PYMNTS

AUGUST 3, 2020

One of the biggest disruptions of the payments ecosystem as a result of the growing traction of digital assets and the ubiquity of real-time settlement will be felt by corporate treasurers, Long predicted. ” Coexisting Systems.

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Real Time Payments Office of the Comptroller of the Currency Treasury Settlement 117

Fintech News

JULY 14, 2024

BNP Paribas will sponsor WorldFirst’s integration into SEPA, allowing WorldFirst’s clients to access real-time payment schemes under SEPA and automate treasury payments. This strategic partnership will also explore innovations in tokenised deposits for global treasury management through Ant International’s Whale platform.

Cross-Border Payments 120

Cross-Border Payments Cross-Border Treasury Management Treasury 120

PYMNTS

JANUARY 26, 2021

26) press release the launch of Ledgermatic, which aims to help modernize corporate treasury solutions. We are excited to be developing Ledgermatic’s suite of treasury technologies to enable enterprises and financial institutions to take advantage of this exciting new era with low risk and high control.”.

Treasury 52

Treasury Batch Settlement Settlement Non-Bank 52

The Fintech Times

MARCH 13, 2025

Aleph already operates in 150+ markets across Latin America, Asia, the Middle East, and Africa, managing the complexities of billing, collections, credit underwriting, FX, tax, and treasury in emerging economies. What are some common misconceptions surrounding cross-border payments and how is LocalPayment by Aleph addressing these?

Cross-Border Payments 96

Cross-Border Payments Cross-Border Payment APIs and Integration Payment Service Provider (PSP) 96

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.

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Settlement B2B Same Day ACH ACH 67

The Fintech Times

MARCH 12, 2025

Now, with Borderless Banking, firms can access local accounts to receive payments and automate collections, facilitate international payment disbursement with real-time tracking, and optimise global treasury management by ensuring the visibility of balances in all accounts.

Cross-Border Payments 64

Cross-Border Payments Cross-Border Payment APIs and Integration Account Validation 64

The Fintech Times

NOVEMBER 6, 2024

Ant International is also working with StraitsX to enable the efficiency and interoperability of payments made via PBM through the Whale platform, Ant International’s treasury management solution.

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Product Cross-Border FinTech Cross-Border Payments 101

PYMNTS

OCTOBER 7, 2018

Treasury noted that the violations were voluntarily disclosed by the bank and were a “non-egregious case,” Reuters reported. Treasury claimed that the bank broke sanctions on Syria and narcotics, processing 85 bank transactions worth roughly $46,000 in sum. million fines payment.

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Treasury Federal Reserve Non-Bank Fed 59

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.

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Interbank Settlement CBDC Settlement Use Case 134

The Fintech Times

APRIL 4, 2025

RLUSD is being used in the payment flow with select customers, including cross-border payment providers BKK Forex and iSend to improve their cross-border treasury operations. Utilising RLUSD RLUSD is ideal for a number of financial use cases, allowing enterprises to: Facilitate instant settlement of cross-border payments.

Stablecoins 40

Stablecoins Cross-Border Payments Payment Solutions Cross-Border 40

Finovate

FEBRUARY 20, 2025

“This funding accelerates our global expansion, enabling us to empower payment companies with seamless, real-time settlement infrastructure and drive the future of payments.” The company helps optimize treasury management by ensuring that liquid funds are always available when and where they are needed.

Cross-Border 52

Cross-Border Blockchain Cross-Border Payments Stablecoins 52

The Fintech Times

FEBRUARY 26, 2024

Fundamental risks to using CBDCs Nina Moffatt, fintech and regulation partner, Paul Hastings Nina Moffatt , fintech and regulation partner, of law firm Paul Hastings , notes that while CBDCs are an attractive option, risks such as settlement times are preventing mainstream adoption.

Cross-Border Payments 145

Cross-Border Payments Cross-Border Digital Currency Central Bank 145

The Fintech Times

SEPTEMBER 20, 2024

Nonetheless, the RBA and Treasury remain open to the possibility that this assessment could change over time as potential benefits and costs are better understood, both internationally and in a domestic context. The retail payments system and the capabilities currently in place are generally serving Australians well.In

Treasury 59

Treasury CBDC Assessments Digital Currency 59

PYMNTS

JULY 26, 2020

Avanti Financial Group said in a press release that it has received permission from the Wyoming Division of Banking to begin operating in the state as a bank as early as October and plans to offer a real-time settlement solution for corporate treasurers.

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Settlement Stablecoins OCC Cryptocurrency 61

Fintech Finance

DECEMBER 5, 2024

The solution benefits from Visa’s wide acceptance and simplifies corporate treasury management, offering faster cross-border transactions, secure digital asset custody, reduced currency complexity, and improved operational liquidity.

Payment Solutions 97

Payment Solutions Blockchain Stablecoins Cross-Border 97

The Payments Association

APRIL 22, 2025

Today, RLUSD is being used in the payment flow with select customers, including cross-border payment providers BKK Forex and iSend ,to improve their cross-border treasury operations. RLUSD is ideal for several financial use cases, allowing enterprises to: Facilitate instant settlement of cross-border payments.

Cross-Border Payments 88

Cross-Border Payments Cross-Border Stablecoins Treasury 88

Tearsheet

FEBRUARY 27, 2025

However, Zabaneh sees PYUSD differently, as it is backed by cash and Treasuries and is issued and managed by Paxos Trust Company, a centralized entity regulated by the NYDFS. Future outlook Looking forward, could direct PYUSD settlement become the next big thing for merchants in crypto payments?

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PayPal Payments Privacy Digital Currency 72

PYMNTS

OCTOBER 7, 2020

In today’s top news in digital-first banking, Alacriti is teaming with The Clearing House to help with the adoption of real-time payments (RTP), while Bank of America is rolling out three new business treasury-focused application programming interfaces (APIs). Bank Of America Launches Business Treasury APIs.

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RTP Treasury Cross-Border Payments API 52