As Iran crisis disrupts key trade routes, China's expanded payment system now offers a pathway to settle transactions outside the dollar system, though its scale remains limited ...

Beijing has removed several key restrictions on its payment system, allowing it to expand beyond yuan settlements, economist says China's recent changes to the rules governing its global payment ...

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 ...

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 ...

This content is contributed or sourced from third parties but has been subject to Finextra editorial review. By 2030, the global payments landscape is set to undergo a profound transformation. At the ...

Forbes contributors publish independent expert analyses and insights. I write about how fintech is disrupting the financial industry in Asia. Many a well-funded fintech upstart has burst onto the ...