Tag: cross-border payments
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India Govt, Central Bank in Talks With Alipay+ to Integrate Its Instant Payment Systems, Sources Say
India's government and central bank are in talks with Ant International about allowing Alipay+ to be linked with India's instant payments system for cross-border transactions, according to two government sources. The move would help make payments easier for Indian tourists as ...
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India’s Central Bank Proposes Linking BRICS’ Digital Currencies, Sources Say
By Jaspreet Kalra and Nikunj Ohri India's central bank has proposed that BRICS countries link their official digital currencies to make cross-border trade and tourism payments easier, two sources said, which could reduce reliance on the U.S. dollar as geopolitical tensions ...
UnionPay Signs 11 New Cross-Border Payment Deals in Global Push
China’s UnionPay signed 11 new cross-border payment agreements this week as Beijing’s global payments push continues to gather partners from Southeast Asia to Latin America. The signings were announced in Shanghai. The latest group includes PayNet and Hong Leong Bank ...
China–U.S. Rivalry: Singapore FM on ASEAN Pragmatic Non-Alignment
Singapore’s foreign minister, Vivian Balakrishnan, at a public forum moderated on Friday, said Southeast Asia is refusing a China–U.S. binary choice between China and the United States. Balakhrisnan thinks Southeast Asia is pivoting to integration, keeping economies open to ...
China–ASEAN FTA 3.0 Set for October: All On Digital Trade Rules
China and the Association of Southeast Asian Nations ASEAN will sign an upgrade to their free-trade agreement at the ASEAN–China summit in Kuala Lumpur in October. The deal sets digital trade, from e-commerce to data governance and payments, ...
A child shakes hands with a robot during the World Artificial Intelligence Conference (WAIC) in Shanghai on July 28, 2025. (Photo by Hector RETAMAL / AFP)
By Laurie Chen China's scramble to adopt artificial intelligence will spawn new jobs and propel the world's second-largest economy, say policymakers and company executives, as they play down growing global fears that the technology could stunt employment. Plans unveiled ...
India Govt, Central Bank in Talks With Alipay+ to Integrate Its Instant Payment Systems, Sources Say
India's government and central bank are in talks with Ant International about allowing Alipay+ to be linked with India's instant payments system for cross-border transactions, according to two government sources. The move would help make payments easier for Indian tourists as ...
India’s Central Bank Proposes Linking BRICS’ Digital Currencies, Sources Say
By Jaspreet Kalra and Nikunj Ohri India's central bank has proposed that BRICS countries link their official digital currencies to make cross-border trade and tourism payments easier, two sources said, which could reduce reliance on the U.S. dollar as geopolitical tensions ...
UnionPay Signs 11 New Cross-Border Payment Deals in Global Push
China’s UnionPay signed 11 new cross-border payment agreements this week as Beijing’s global payments push continues to gather partners from Southeast Asia to Latin America. The signings were announced in Shanghai. The latest group includes PayNet and Hong Leong Bank ...
China–U.S. Rivalry: Singapore FM on ASEAN Pragmatic Non-Alignment
Singapore’s foreign minister, Vivian Balakrishnan, at a public forum moderated on Friday, said Southeast Asia is refusing a China–U.S. binary choice between China and the United States. Balakhrisnan thinks Southeast Asia is pivoting to integration, keeping economies open to ...
China–ASEAN FTA 3.0 Set for October: All On Digital Trade Rules
China and the Association of Southeast Asian Nations ASEAN will sign an upgrade to their free-trade agreement at the ASEAN–China summit in Kuala Lumpur in October. The deal sets digital trade, from e-commerce to data governance and payments, ...
China–Indonesia Launch Yuan–Rupiah Settlements, QR Payments
China and Indonesia on Thursday launched a local-currency settlement framework for bilateral transactions. Both countries also began a two-way trial of cross-border QR code payments. The central bank chiefs called the steps important milestones. Bank Indonesia said the local-currency scheme ...
China Eyes Yuan Stablecoins to Expand Global Currency Role
China is considering allowing the launch of yuan-backed stablecoins for the first time, in what would mark a significant shift in its approach to digital assets and a new step in efforts to expand the currency’s global reach.