On December 9, 2025, Standard Bank of South Africa made history by becoming the first African bank to connect directly to ...

BRICS Pay is a proposed cross-border digital payment system being developed by the BRICS countries — Brazil, Russia, India, China, South ...

Standard Bank Group has become the first African bank to participate directly in China's Cross-Border Interbank Payment System (CIPS), marking a major milestone in facilitating Africa-China trade and ...

As the world’s financial landscape evolves, the need for efficient, secure, and globally connected payment systems has never been more pressing. China’s Cross-border Interbank Payment System (CIPS) is ...

One infallible trend that has persisted throughout history is the correlation between financial and geopolitical power. For a country to build up its military, pursue innovative technologies, and ...

HAVING a near-24/7 operation of the Peso Real-Time Gross Settlement (RTGS) system could speed up cross-border payments, but ...

A Unified Payment Interface (UPI) bar code is displayed on a market stall in India. Such payment systems are becoming increasingly interconnected as Asia's cross-border payments develop. In April, ...

Cross-border payments are essential to the global financial system, facilitating trade and investment. The global cross-border traditional and crypto payment market approached a value of about one ...

This content is contributed or sourced from third parties but has been subject to Finextra editorial review. By 2030, the global payments landscape is set to undergo a profound transformation. At the ...

For all the modern marvels of today’s global digital economy, one experience remains stubbornly complex: cross-border payments. Whether it’s fluctuating exchange rates, incompatible interfaces or ...

ASEAN's drive towards regional economic integration includes developing a cross-border digital payment system for seamless financial transactions and promoting the use of local currencies, aiming to ...