Cross-border Payments

Mastercard and JPMorgan have teamed up to simplify and speed up cross-border business payments using blockchain technology. Their systems will connect to offer faster settlements, better transparency, and easier management for international transactions.

ZK International is adopting cryptocurrency payments, starting with Bitcoin, to improve transaction speed and reduce costs for global trade. This move aims to simplify cross-border payments and provide a more efficient and flexible financial system for its international partners.

Siam Commercial Bank has introduced Thailand's first stablecoin remittance solution, enabling 24/7 cross-border payments with enhanced security and efficiency. This initiative sets a new standard for financial transactions in the region.

Travala has integrated with the Solana blockchain, allowing users to book travel using Solana’s native token and stablecoins like USDT and USDC, enabling zero-fee transactions. The platform is also introducing loyalty rewards in SOL and has partnered with Skyscanner to offer access to over 2.2 million hotels, enhancing its competitiveness in the travel industry.

WSPN is a trailblazing global digital payments company, redefining the financial landscape with transparent, fast, and efficient solutions powered by Distributed Ledger Technology (DLT).

Sling Money, which is building a blockchain-based app for peer-to-peer international money transfer, has raised $15 million in Series A Funding.

PEXX is a Singapore-based start-up that has emerged as a prominent player in the realm of cross-border payments, leveraging stablecoins to streamline global money transfers. While PEXX’s services are undeniably appealing, potential users and business partners should also consider the history of its CEO, Marcus Lim, and his previous venture, Zipmex, to fully understand the risks involved.

Singaporean woman Ho Kai Xin accused of embezzling $4.2 million from a crypto firm, facing charges including cheating and money laundering. High Court ruling recognising crypto assets as property sets legal precedent amid allegations and counterclaims.

Russia paves the way for global financial transformation, announcing plans to legalise cryptocurrencies like Bitcoin for cross-border transactions.