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Thank you PaymentsJournal for highlighting the Interledger Foundation in this article, "Cross-Border Payments: Trends, Challenges, and Solutions." This article explores the complexities of global digital payments, addressing challenges like high fees and regulatory barriers. It highlights key trends, including Central Bank Digital Currencies (CBDCs) and fintech innovations like Application Programming Interfaces (APIs), which are reshaping cross-border transactions. Cross-border payments are transforming global commerce 🌍 Learn how these changes impact businesses worldwide. https://lnkd.in/eDvbF6DP #globalfinance #CBDCs #API #openpayments

Here's a problem, what's the solution. The hype on de dollarisation is poppycock. 198 fiat currencies 209, sovereign states. Why are 197 CB holding multiple of fiat's currency, in order to settle cross-border payments due. Moreover, mostly a single monetary settlement payment process is resolute, to accommodate accomplishing cross-border transactional payment transfer settlement system. Who has the answers and the tenure to make cross-border payments settlement system. #IFRS9 #RTGS Euro-Dollar CBDC wholesale. Its all about the cost of money supply. 198 CB holding 100 fiat of different currency. With 198 countries using 198 different fiat's of different values. The Malconsumption is rife. When CB balance sheet holding unnecessary weight on balance sheet. It's dead money for their economy. The GFN IB wholesale CBDC pricing is a resolute reversal of Fibonacci neg-yield spiral compound on fiat currencies. Creating overall Gold unit measurement CBDC-is equivalent of the 198 countries fiats, to enable real time payment settlement delivery settlement system transfer cross-border payment's system. https://lnkd.in/eWNUJT3F

“Global Money Transfers, to over 100 destinations and more than 60 currencies, which makes it one of the largest ever networks with no transfer fees. “ - #HSBC reshaping #crossborderpayment experiences alongside #Dandelion Holistic end-to-end solution designed to provide all clients with peace of mind. Features and benefits to simplify #internationalpayments: 1) Convenience - cleared within 24hrs 2) Transparency - Real time FX rates 3) No hidden fees - ZERO transfer costs 4) Secure - Real time transaction monitoring 5) Additional Loyalty perks - FX rewards #b2bpayments #b2cpayments #ASEAN #fx #multicurrency #digitalwallets

As real-time payments (RTP) continue to expand globally, their transformative power is undeniable. With 96 systems in place and projected growth to 575 billion transactions by 2028, RTP is not just a convenience - it’s a driver for financial inclusion and innovation. From boosting cross-border payments to enhancing fraud prevention, the future of RTP looks promising. Partnerships between fintechs, central banks, and institutions will be critical to fully unlocking RTP’s potential in both mature and emerging markets. Stay tuned, it will be interesting! An interesting read from Finextra: https://lnkd.in/efbJ_3V6 #Fintech #RealTimePayments #FinancialInclusion #Innovation #Payments

The Banker concisely summarises the state-of-play of Open Banking in the UK and Europe. Paradoxically, the sheer simplicity of paying directly from your bank account feels like a huge change in today's convoluted legacy payment ecosystem. While BNPL has without question brought benefit to consumers, the trend towards Pay By Bank across the UK & EU presents a healthy counterbalance to credit-based payment methods. It's very encouraging to see a third of the younger generation using open banking "daily or weekly." Exciting days ahead - as the EU has finally set a firm timeline on the instant payment mandate for banks, and is on track to emulate the UK's successful standardisation. https://lnkd.in/dqZjvH9A

With natural advantages in payment processing, high customer frequency, high emotional value and with their merchant networks, #banks should be operating the world's most popular #loyaltyprograms. With fintechs nibbling away at their revenue, this is now a neccessity. Currency Alliance's new article sets out how to proceed (comments link).

Mastercard and JP Morgan Team up to Enhance Cross Boarder Payments #cryptonews - Mastercard and JP Morgan are collaborating to enhance B2B cross-border payments by providing faster settlement and more transparency. Mastercard’s multi-token network will integrate with JP Morgan’s Kinexys Digital Payments (formerly called Onyx) to power cross-border payments. Mastercard and JP Morgan are collaborating to provide faster, more transparent cross-border payments to <a href="" class="btn btn-link">Continue Reading</a> https://lnkd.in/d-6pbChi

Great article by Finextra. Recently, the narrative around real-time payments has been too often narrowed to Open Banking and A2A e-commerce payments. In my opinion, there's too much focus on direct B2C payments, and this obsession with replacing Visa and Mastercard sometimes minimizes the massive opportunities real-time payments offer, such as: - Serving as a primary payment rail (e.g., for topping up wallets) - Optimizing and accelerating interbank payments, including for card networks - Enabling large-scale B2B payments Once again, this all sounds promising on paper, but for it to work, banks need the right technology in place to enable real-time transactions that meet the security and compliance standards set by regulators.

A Central Bank Digital Currency (CBDC) is essentially digital money issued by a country’s central bank. CBDCs are backed by the government and have legal tender status. They can also create better payment experiences for micro, small, and medium-sized enterprises (MSMEs) 👇 1️⃣ Lack of Collateral: A Real Pain Point for MSMEs The Challenge: Imagine a small bakery owner seeking a loan to expand their business. Traditional lenders demand collateral—assets that can be seized if the borrower defaults. However, many MSMEs lack substantial physical assets. Their business value lies in intangibles like goodwill, customer relationships, and intellectual property. Maria’s Bakery: Maria, a passionate baker, wants to upgrade her equipment. She doesn’t own property or expensive machinery. Banks turn her away due to insufficient collateral. CBDC Solution: CBDCs don’t require physical collateral. Maria can secure a loan based on her business performance, goodwill, and future cash flows. ✅ Result: Maria expands her bakery without pledging her home or equipment. 2️⃣ Delayed Payments: A Cash Flow Nightmare The Challenge: MSMEs often struggle with delayed payments from clients. Waiting 60, 90, or even 120 days affects cash flow. Late payments disrupt inventory management, payroll, and supplier relationships. Raj’s Textile Workshop: Raj supplies fabrics to fashion designers. His clients delay payments, affecting his ability to buy raw materials and pay artisans. CBDC Solution: CBDCs enable instant settlements. Raj receives payment as soon as he delivers the fabrics. ✅ Result: Raj’s cash flow improves, allowing him to meet expenses promptly. #BaaS #SMB #UserExperience #B2BPayments #FinTech #WDIR #uxstrategy #GlobalPayments #DigitalPayments #instantpayments #embeddedb2bpayments #embeddedpayments #Saas #CrossBorderPayments #UXWriting #CBDC #DigitalBanking #PayTech #ConversationalUI #UXAgency #internationalpayments #embeddedfinance #uxtips #contentdesign #realtimepayments #churn #paymentfailure #americanexpress #visa #mastercard #cfo #openbanking #accountspayable #accountsreceivable #EIPP #digitalcurrency #financialtechnology #fintechindustry #fintechnews #chieffinancialofficer 

UK National Payments Vision: What does it mean for fintech growth? Read the latest Finextra article in the #Westminster Series by Lord Holmes, Peer of the UK House of Lords ➡️ https://lnkd.in/ewnrMqhU #fintech #thelongread #finance #economy #UK #politics #government #banking #banks #financialinstitutions #financialservices #policy #legislation #regulation #compliance #payments #paymentsystems #security #regulators #OpenBanking #fraud #paymentinfrastructure #FCA #PSR #NationalPaymentsVision #fasterpayments #digitalpayments #ecommerce #A2Apayments #OpenFinance #data #analytics #personalization #DUAB #digitalcurrency #CBDC #DLT #blockchain #digitalpound #financialcrime #OnlineSafetyAct #JointFraudTaskforce #BoE #AI #artificialintelligence #trustedpayments