The ASEAN cross-border QR payment network has reached a monumental milestone, processing $716 million across 36 million transactions and accelerating regional financial inclusion.
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As Malaysia weighs deeper ties with BRICS to reduce reliance on Western markets, its national QR rail — DuitNow — has quietly become a genuine geopolitical asset: 29 cross-border payment linkages and access to 100M+ merchants abroad. Here’s why payments are now diplomacy.
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Singapore-founded blockchain settlement network Partior and LSEG’s Digital Settlement House (DiSH) have announced a strategic tie-up to enable 24/7 cross-border settlement-bank liquidity. The Multi-Settlement Bank solution aims to kill the pre-funded nostro/vostro friction that slows global payments, with J.P. Morgan, Deutsche Bank and Standard Chartered in testing and a production go-live targeted for Q1 2027.
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