cross-border-payments
7 stories related to this topic, newest first.
finance.yahoo.comBank of Korea Joins International Tokenized Deposit Project
The Bank of Korea announced it will participate in Project Agora, a trial led by the Bank for International Settlements that tests tokenized commercial bank deposits for cross-border payments.
pymnts.comFasset Raises $51 Million in Series B Funding
The Shariah-compliant digital bank, headquartered in Los Angeles, secured funding from Japan’s SBI Group, Investcorp and Arz Portföy. Fasset processes more than $32 billion in annualized volume across 125 countries and serves over 1,000 small and medium-sized businesses. The comp…
manilatimes.netAnchorage Digital and Grupo Salinas Partner on Cross-Border Stablecoin Settlement
Anchorage Digital and Grupo Salinas announced a partnership to enable cross-border settlement using federally issued stablecoins. The collaboration aims to facilitate faster and more efficient transactions between the United States and Mexico. The companies stated the initiative…
pymnts.comCorpay Adds Stablecoin Wallets and Blockchain Settlement Options via BVNK and JPMorgan Kinexys
Payments firm Corpay partnered with BVNK to embed stablecoin wallets for its global corporate customers, enabling balances to appear alongside fiat and allowing send, receive, store and convert functions. The company will also deploy the same rails in its treasury operations and…
ftfnews.comOndo Finance, JPMorgan, Mastercard and Ripple Pilot Cross-Border Redemption of Tokenized Treasury Fund on XRP Ledger
The transaction settled in under five seconds outside traditional banking hours through a pilot involving JPMorgan’s Kinexys, Mastercard and Ripple. It marks the first time tokenized U.S. Treasuries have moved across borders and banks in near-real time. The pilot was announced on…
CnbcRemitly Reports Q1 Results, Forecasts Q2 Revenue of $483-485 Million
New CEO Sebastian Gunningham outlined Remitly's expansion beyond its core remittance business in a CNBC interview published May 6, 2026. The company forecast Q2 adjusted EBITDA margin of 22.4 percent, well above analysts' 19 percent expectation. Gunningham highlighted opportuniti…
crowdfundinsider.comJPMorgan, Ripple, Mastercard and Ondo Finance Test Tokenized U.S. Treasuries Settling on XRP Ledger
Ondo Finance, Kinexys by JPMorgan, Mastercard and Ripple completed a pilot transaction that settled tokenized U.S. Treasuries across borders and banking systems in near real time outside traditional banking hours. The test marks a major step toward 24/7 global markets. @CoinDesk…