All posts tagged "cross-border payments"
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1.6KFeatureSWIFT Completes Latest gpi Trial with Singapore FAST
All cross-border payments in the trial, which involved 17 banks across 7 countries, settled end-to-end within 25 seconds. SWIFT gpi has also now been introduced for corporates.
July 22, 2019 -
614ChinaHong Kong Proposes Insurance Connect with China
The proposed plan will allow Hong Kong insurers to set up offices in Guangdong and Macau, part of a large integration plan for the Greater Bay Area.
June 13, 2019 -
651FeatureProject Stella: DLT Can Improve Cross-Border Payment Security
The BOJ-ECB phase three study says DLT can improve security in cross-border payments by using payment methods that synchronise payments and lock funds along the payment chain.
June 6, 2019 -
765Big PictureDecline in Correspondent Banking is Universal – CPMI
Over the last seven years, active relationships in the global correspondent banking network have declined by about 20%, and the number of active corridors has fallen by roughly 10%.
May 28, 2019 -
511FeatureSingapore, Canada Conclude First Trial on CDBC Cross-Border Payments
MAS and the Bank of Canada linked up experimental payment networks despite their being built on two different DLT platforms.
May 2, 2019 -
700Big PictureCloser Cooperation Key to Greater Bay Area Success – FTAHK
There are significant opportunities for cross-border collaboration and integration across the Greater Bay Area, the FinTech Association of Hong Kong says in a new report.
April 29, 2019 -
537Fintech / RegtechHSBC to Enable Blockchain-based FX Settlement Platform for Clients
In the last year, HSBC has processed more than 3 million internal FX transactions worth over $250bn using the blockchain-based FX settlement platform.
January 16, 2019 -
583International
SWIFT to Pilot Real-time Error Detection in gpi Payments
SWIFT gpi pre-validation service will ensure preventable errors and omissions are corrected before initial payment instructions are sent, reducing delays and costs for banks.
December 6, 2018 -
697Big PictureMAS, Central Banks Explore Alternative Models for Cross-Border Payments
The central banks of Singapore, Canada and England jointly released a report discussing emerging opportunities for digital transformation in cross-border payments.
November 20, 2018 -
310Asia-PacificThailand Explores Blockchain Use for Banking, Bonds Settlement
BOT looking at blockchain applications for document authentication, cross-border payments and regional connectivity; Bond Market Association working to release a bond settlement token.
July 18, 2018
