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Standard Chartered, Ant Complete First Blockchain-Based SGD Settlement

Fintech News

This marks a major step towards instant and 24/7 treasury management for both companies, optimising treasury and working capital management for Ant International and its entities. This achievement builds on a recent successful test settlement of a Hong Kong dollar (HKD)-denominated transaction between the two companies.

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Aryze and Bloxcross partner to deliver instant access between fiat and stablecoins

The Payments Association

< 10 seconds settlement: Payments that once took T+2 days now finalise in under 10 seconds on-chain. 1.5 % unlocked yield on idle cash: Digitising treasury balances via our Treasury Management tools frees up extra yield. < Web3 projects unlock a compliant bridge between crypto ecosystems and fiat economies.

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Ant International Deepens Payment and Digitalisation Ecosystem with AI-Driven Embedded Finance Solutions in Year of Transformation

Fintech Finance

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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BNP Paribas and Ant International Collaborate on Promoting Cross-Border Payment Solutions in Europe, and Tokenised Deposits for Global Treasury Management

Fintech Finance

In addition, BNP Paribas will explore innovations in tokenised deposits for global treasury management with Ant International, through the latter’s Whale platform. The collaboration aims to improve the efficiency and speed of global fund settlements through the use of tokenised deposits.

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Collaboration Spurs Treasury Management Innovation

PYMNTS

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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Airwallex Enables Businesses to Collect and Hold Funds in Israeli Shekels

Fintech Finance

Transfers can be made through MASAV (ACH) or Zahav (RTGS), providing businesses with greater flexibility and efficiency in managing their global financial operations. Customers can access the service through Airwallexs Business Account, Core API, or Embedded Finance solutions, ensuring integration with existing financial workflows.

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Juicyway Emerges From Stealth With $3m Pre-seed to Revolutionise Cross-border Payments for Africans

Fintech Finance

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.