What's Actually Changing in Cross-Border Payments

The Real Pace of Change in Alternative Payment Rails

A research-based look at how banks, payment providers, and fintechs view alternative payment rails, based on insights from 50+ senior executives.

Beyond Traditional Payment Suppliers: The Rise of Collaborative Banking Ecosystems

Traditional pre-funding ties up capital and limits agility. This paper examines how tokenized collateral and peer-to-peer network access change the economics of cross-border payouts.

The Future of Global Payments: Fragmentation, Tokenization, and Opportunity

CBDCs, stablecoins, and regional rails are multiplying – and they need to coexist. This paper maps what a fragmented payment landscape means for banks and PSPs, and how tokenized deposits enable settlement across it.

Solving the Challenge of Settling Tokenized Assets

Tokenized assets are maturing, but the payment leg remains unsolved. This paper explores how a DLT-based bank network enables Delivery versus Payment in fiat – removing counterparty risk without crypto.

Delivery vs. Payments – Resurgence of Tokenization

Tokenization was gaining ground across real estate, equities, and carbon credits – but settling the payment leg stayed a problem. This viewpoint examines what a real DvP mechanism requires and why it matters for adoption.

Innovation of payments - Programmable Payments

Speed and cost are no longer differentiators. This paper makes the case for programmable payments on DLT – and what that enables for trade finance, asset settlement, and new business models.

One Bank Oligopolies or Open, Collaborative Networks?

Single-bank payment platforms offer reach but create dependency. This paper examines why open, collaborative networks are better positioned for the future – and what that means for banks choosing their infrastructure now.

How Will DLT Affect Corporate Global Cash Management?

Corporate treasury still depends on scattered pre-funding and slow correspondent banking. This paper looks at how DLT can centralize liquidity and reduce the capital drag of managing balances across jurisdictions.