Cross-border payments
RBI proposes extra authentication for first-time online card use
RBI proposes extra authentication for first-time online card use
Card issuers are mandated to validate the additional factor authentication.
Cross-border shopping, e-wallets to shape Philippine payments in 2025
Evolving security frameworks will also redefine the payments experience, says Visa.
HSBC Singapore offers zero-fee international transfers to over 60 currencies
Amongst markets covered are Malaysia, Indonesia, South Korea, and the UAE.
Cross-border payments grow with tech and regulatory support
E-commerce, real-time networks, and digital standards drive payment volume expansion
90% of cross-border payments reach banks within an hour
But transparency remains a challenge for cross-border payment systems.
Fintechs drive instant, low-cost cross-border payment solutions
Direct access to local payment schemes expected in 2025.
Correspondent banks raise costs in cross-border payments
Inefficiencies in cost, speed, and data standards hinder global payment processes.
Cross-border payments face complexity in African markets
Regulatory hurdles and currency challenges are slowing payment settlement.
BNY partners with Mizuho to boost trade
It seeks to reduce the complexities and costs associated with cross-border transactions.
How Asian banks can retain their cross-border dominance
The emergence of fintechs is whittling down their dominance.
SWIFT rolls out pre-payment prediction service for cross-border payments
It identifies possible problems in the future payment based on previous data from 9 billion transactions.
Regulation, late digitisation challenge Web 3.0 adoption in wholesale banking
Web 3.0 is taking over, but many businesses have yet to move past Web 1.5.
MAS, France complete wholesale cross-border payment experiment using CBDC
It simulated cross-border transactions involving multiple CBDCs on a common network.
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1. OCBC starts AI stock adviser using data on 4,000 stocks 2. Aussie banks launch digital locks versus online fraud 3. UOB reports flat net profit growth in Q1 despite record fee income 4. J.P. Morgan unveils automated cross-currency payment collection and settling service 5. Sea rebrands digital finance business SeaMoney to MoneeResource Center
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