The US Faster Payments Council (FPC) has released a report from its cross-border payments work group, sponsored by Mastercard, on optimal and inclusive cross-border payments.

Corporate payments company Corpay has announced that its Cross-Border business can now support client FX conversions leveraging JP Morgan’s Kinexys Digital Payments blockchain.

LATAM-based VelaFi has partnered with Noah, a stablecoin-driven payment network, to expand access to virtual EUR and USD accounts with real-time settlement.

Remitly has planned to launch Remitly Wallet, leveraging stablecoins to improve cross-border payments for its clients.

Cross-border payment platform specialising in emerging markets dLocal has announced the rollout of SmartPix, a payment solution for merchants in Brazil.

Afriex has entered Asia's largest remittance markets, China, India, and Pakistan, to meet the rising demand for quick and affordable cross-border payments.

Visa has partnered with Rizal Commercial Banking Corporation (RCBC) to roll out Visa Direct in the Philippines.

ClearBank has partnered with PingPong to allow the latter to optimise its UK offering through Virtual business accounts, GBP collections, and Confirmation of Payee (CoP) functionality.