Payments & Settlements

Payments & Settlements

BRICS Advances SWIFT Alternative Plan, Taps Indonesia’s QRIS for Pilot

By Manesh Samtani | 11/07/2025

The BRICS group has tasked finance ministers with developing a cross-border payment system, but analysts point to significant technical and geopolitical hurdles.

KYC & CDD

GLEIF Approves Singapore's TradeGo as Qualified vLEI Issuer

By Editors | 11/07/2025

The integration of verifiable digital identities into TradeGo's blockchain platform is expected to cut compliance costs and streamline cross-border commodity finance.

Fraud, Scams & Cybercrime

Philippines Moving to Quickly Rein In Online Gambling

By Nithya Subramanian | 10/07/2025

President Ferdinand Marcos Jr. has signaled support for tougher regulation and possible taxation of online gambling as lawmakers push for bans and stricter controls on e-wallets.

Payments & Settlements

Taiwan Tightens Rules on Mobile Payment Tax Incentives

By Nithya Subramanian | 10/07/2025

Small-scale businesses in Taiwan risk losing tax incentives if they fail to properly implement and accept mobile payments, as authorities step up enforcement.

Payments & Settlements

China Proposes Overhaul of CIPS Rules to Bolster Risk Controls

By Manesh Samtani | 09/07/2025

To support the yuan's expanding international role, the proposed regulations shift to principles-based oversight and give the system operator greater responsibility.

Payments & Settlements

ACCC Proposes to Authorise Industry Collaboration on A2A Payments

By Sanday Chongo Kabange | 08/07/2025

The ACCC is consulting on its proposal to authorise industry collaboration about future of Australia’s account-to-account payment infrastructure.

Trading & Investment

UPDATED: Bond Connect Expands to Non-Banks, Repo Rules Eased

By Manesh Samtani | 08/07/2025

Regulators will permit non-bank institutions into Southbound trading and allow rehypothecation in repo deals, with key changes launching on 25 August.

Payments & Settlements

India Enables UPI Access for NRIs Using International Mobile Numbers

By Nithya Subramanian | 08/07/2025

The move allows seamless payments for non-resident Indians from 12 countries via apps like Google Pay and PhonePe.

Payments & Settlements

Cambodia and Japan Launch Cross-Border QR Payments

By Manesh Samtani | 07/07/2025

New link between the KHQR network and JPQR standard allows Cambodian travellers to pay in Japan using local banking apps.