Blockchain In Cross-Border Payments: Reshaping The Global Payment System
8 Articles
8 Articles
Blockchain In Cross-Border Payments: Reshaping The Global Payment System
Imagine sending USD 100,000 to a supplier on the other side of the globe on a Friday evening and having it actually arrive to their account within minutes. This isn’t a pipedream anymore; it’s happening right now – and it’s completely changing how businesses move money across borders. Traditionally, cross-border payments usually involved batch-based settlements [...] The post Blockchain In Cross-Border Payments: Reshaping The Global Payment Syst…
CLEA expands cross-border payments with new Vendor Payments tool for African businesses
Paying an overseas supplier still means jumping through more hoops than it should for most African businesses. A wire transfer here, a currency conversion there, and days of waiting before an invoice actually clears. CLEA thinks it has found a shortcut to this decade-long challenge. The Lagos-based, stablecoin-powered cross-border payments platform has launched Vendor Payments, a new feature that lets business customers pay international supplie…
CLEA expands trade platform with global supplier payment solution
African cross-border payments fintech CLEA has expanded its digital trade platform with the launch of a vendor payment solution designed to simplify international supplier transactions, as the company positions itself to become a broader financial infrastructure provider for businesses trading across global markets. The new Vendor Payments feature enables African businesses to pay overseas suppliers, […] The post CLEA expands trade platform with…
Binance targets Africa’s costly cross-border payments
from OKORO CHINEDU in Lagos, Nigeria LAGOS, (CAJ News) — AFRICANS continue to pay the highest fees in the world to send money across borders, a challenge cryptocurrency exchange Binance says is creating growing demand for peer-to-peer trading as an alternative to traditional payment channels. Sending US$200 within Sub-Saharan Africa costs an average of 8.78% […] The post Binance targets Africa’s costly cross-border payments first appeared on CAJ…
TBCASoft and Binance Pay Partner to Expand Global Web3 Payments
TBCASoft and Binance Pay have announced a strategic cooperation to expand payment interoperability through the HIVEX network, a move designed to simplify digital payments across multiple markets. The initiative combines TBCASoft’s federated payment framework with Binance Pay’s global payment ecosystem to enable eligible users to make everyday purchases at participating merchants through a unified and interoperable infrastructure. HIVEX, develope…
Maybank Singapore Joins MAS’ BLOOM for Tokenised Cross-Border Payments
Maybank Singapore has joined the central bank’s BLOOM initiative to advance programmable cross-border settlement. Launched in October 2025, BLOOM stands for Borderless, Liquid, Open, Online, Multi-currency. It builds on Project Orchid, which explored use cases for a digital Singapore dollar and the infrastructure needed to support it. The initiative explores cross-border settlement using tokenised bank liabilities and regulated stablecoins. Part…
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