Global

Standard Bank First in Africa to Offer Access to China’s Cross-Border Interbank Payment System

TechAfrica News

“In a first for the continent, Standard Bank Corporate and Investment Banking is the first authorised bank to offer transactions through China’s Cross-Border Interbank Payment System (CIPS). The payment system will allow for interbank payments between Africa and China using Chinese Renminbi (RMB) as the underpinning currency.”

Tags: Africa China

Companies

dLocal Teams up With Juspay to Boost Cross-Border Payments in Emerging Markets

IBS Intelligence

“dLocal, a cross-border payment platform specialising in emerging markets, announced its partnership with Juspay, a payments orchestration and infrastructure provider powering global enterprises and banks. The alliance will strengthen the synergy between the two companies, offering customers access to dLocal’s over 900 local and alternative payment methods (APMs) and the broad benefits of Juspay’s payment ecosystem […]

Tags: dLocal

Companies

LianLian Global and UnionPay International Announce Strategic Partnership

IBS Intelligence

“At the summit, LianLian Global and UnionPay International announced their strategic partnership. The two parties will combine their expertise to redefine cross-border payments, leveraging Lianlian’s global network and UnionPay International’s MoneyExpress to provide fast and efficient cross-border remittance solutions for customers.”

Tags: UnionPay International

Global

Wise Gets RBI Nod for Cross-Border Payment Aggregation in India

IBS Intelligence

“Global FinTech Wise has received in-principle approval from the Reserve Bank of India (RBI) to operate as a Payment Aggregator – Cross Border for export transactions. The approval marks a significant step in Wise’s deepening commitment to India’s fast-growing cross-border payments landscape.”

Tags: India

Industry

Neema Unveils Dynamic Routing For Cross-Border Transactions

PR Newswire

“Neema, a global cross-border payments network catering to financial institutions, launched Dynamic Routing®. Dynamic Routing, along with Neema’s vast network of financial partners, enables a smarter method for global money movement. Rather than depending on a single pathway, Dynamic Routing establishes multiple real-time routes between countries.”

Companies

PayPal Gets RBI Nod for Cross-Border Transfers—Who Benefits and How

NewsBytes

“PayPal Payments (PayPal), the Indian arm of PayPal Holdings, has received in-principle approval from the Reserve Bank of India (RBI) to operate as a cross-border payment aggregator. Another fintech firm, Worldline ePayments India, also announced that it has received RBI’s approval to operate under the Payment and Settlement Systems Act, 2007.”

Tags: PayPal Worldline

Companies

Explore the First Brief in Our EMV 3DS Mini-Series

U.S. Payments Forum

“EMV® 3-D Secure (EMV 3DS) is a powerful tool for reducing eCommerce fraud, improving transaction approval rates, and protecting merchants from chargebacks. In this first installment of the U.S. Payments Forum’s EMV 3DS Mini-Series, we break down: How EMV 3DS works across issuer, acquirer, and interoperability domains; Real-world use cases like high-risk, high-value, and cross-border transactions; […]

Tags: U.S. Payments Forum

Industry

ISO 20022 for Financial Institutions: The Path to Compliance

Convera

“A key complexity of the ISO 20022 rollout is that payment schemes around the world are migrating on varied timelines and with different implementation strategies. For example: Fedwire in the United States plans to fully adopt ISO 20022 on July 14, 2025; The Eurosystem’s T2,  and EBA Clearing’s EURO1 have already migrated; Australia’s New Payments Platform (NPP) is powered by ISO […]

Companies

ACI Worldwide Redefines Payments with ACI Connetic

ACI Worldwide

“ACI Worldwide has announced the integration of the major UK, EU and global networks’ payment capabilities into ACI Connetic, ACI’s transformative, cloud-native payments hub. These include Swift cross-border payments, RTGS payments including Target2, SEPA Instant RT1 and TIPS payments, with the addition of more capabilities planned.”

Tags: ACI Worldwide

Industry

From Onboarding to Settlement in Minutes: TransFi Launches BizPay to Redefine Global Business Payments

GlobeNewswire News Room

“TransFi launches BizPay, a unified global payment platform enabling instant, compliant cross-border transactions with AI-powered routing and 250+ local methods across 100+ countries. At the heart of BizPay is an engine built for precision. Using AI-powered dynamic routing and 70+ backend integrations, every payout or pay-in is optimized for the fastest and most cost-effective route—whether that’s via fiat or […]

Companies Industry

Circle Launches Circle Payments Network for Real-Time Stablecoin Payments

Crypto News

“Circle has officially launched the mainnet for its Circle Payments Network. The CPN will be a new blockchain-based system designed to facilitate real-time cross-border payments and settlements using its stablecoin, USDC. The CPN is built to support business-to-business payments, cross-border remittances, enterprise treasury operations, and payroll disbursements.”

Tags: Circle

Global

Nigeria Adopts Papss to Simplify Intra-African Cross-Border Payments

Trade Finance Global

“The Central Bank of Nigeria (CBN) has unveiled a progressive circular that dramatically simplifies documentation requirements for transactions via the Pan-African Payment and Settlement System (PAPSS). Under the new directive, effective immediately, individuals can now conduct transactions up to $2,000 per month with minimal documentation, while corporate entities enjoy a threshold of $5,000. Only basic […]

Tags: Africa

Global

Singapore Central Bank Addresses Delays on Cross-Border Payments

The Banker

“The success of new cross-border, real-time payment systems require co-operation and some creative thinking to overcome initial challenges. “We introduced an asynchronous flow to bridge this gap, where a new confirmation was introduced, which indicated that a transfer has been relayed that, in turn, allowed banks to inform their customers that their payment is on […]

Tags: Singapore

Global

How Stablecoins Are Revolutionising Cross-Border Payments in Africa

Techpoint Africa

“Cross-border payments in Africa are some of the most expensive and complex in the world. According to the World Bank, sub-Saharan Africa remains the most costly region for remittances, with an average cost of 8.37%. But a relatively quiet revolution is underway, powered by stablecoins, a kind of cryptocurrency designed to hold steady value, usually […]

Tags: Africa

Companies

JPMorgan’s Blockchain Unit Expands Into MENA With 8 Major Bank Deals

The Block

“JPMorgan’s blockchain business unit, Kinexys, has expanded its footprint in the Middle East and North Africa (MENA), securing partnerships with eight of the region’s leading banks. The development signals a broader shift toward blockchain integration in banking infrastructure. The banks are using Kinexys to enhance cross-border payments, treasury functions and transaction efficiency.”

Tags: JPMorgan Chase