UOB will provide one-stop cross border RMB clearing, settlement, and payments. UOB and its subsidiary UOB China have signed agreements to become direct participants of the cross-border interbank ...

When a business sends a cross-border payment, two processes determine whether funds arrive: clearing and settlement. The ...

As the world’s financial landscape evolves, the need for efficient, secure, and globally connected payment systems has never been more pressing. China’s Cross-border Interbank Payment System (CIPS) is ...

Ripple CEO Brad Garlinghouse believes (CRYPTO: XRP) could take on a significant slice of the cross-border payments market, potentially facilitating 14% of the volume currently routed through SWIFT ...