Author: Digital Trade Outlook
Digital Trade Outlook
Digital Trade Outlook’s editorial team covers trade finance, transaction banking, cross-border payments and the technology reshaping global trade. Every story is selected and edited by our editors, and our analysis carries Digital Trade Outlook’s View. News coverage is never paid for. Contact: editorial@digitaltradeoutlook.com
Bank Negara Malaysia and the Bank of Thailand have joined Singapore’s BLOOM initiative as policymaker members, the Monetary Authority of Singapore announced on October 23. BLOOM, short for Borderless, Liquid, Open, Online, Multi-currency, brings together policymakers and industry participants to develop arrangements for using digital money across borders, including tokenised deposits and regulated stablecoins. The work covers three areas: acceptance and settlement across jurisdictions, interoperability between digital money arrangements, and programmable controls such as identity verification and sanctions screening. Airwallex, Mastercard, Maybank, Monee, Nium, Ripple, ShopeePay, Visa and the World Bank Group have also joined. “The future of finance will…
Wise has named former NICE chief executive Barak Eilam as Non-Executive Director and Chair Designate. He will succeed David Wells, who steps down in April 2027.
Ant International has secured retail payments and stored value licences from the Central Bank of the UAE, opening the way for Antom’s merchant acquiring and WorldFirst’s cross-border accounts.
Cross River is integrating Ripple’s RLUSD stablecoin into its core banking system, giving fintech clients dollars, stablecoins, ACH, wires and real time payments through one API.
Visa Direct has moved USDC prefunding into commercial use, with Inyo Global the first enabler, letting eligible businesses fund cross-border payouts outside banking hours.
MLETR is the UN model law that gives electronic bills of lading and other trade documents the same legal standing as paper. Who has adopted it and why it matters.
ASEAN will sign its Digital Economy Framework Agreement in November. What DEFA means for payments, data and trade documents as WTO talks stall.
De Nederlandsche Bank has authorised Qivalis, backed by 37 European banks, as an electronic money institution. Issuance of its euro stablecoin is planned within the next months.
Ying Ying Tan becomes Standard Chartered’s Global Head of Securities Services and Global Head of Digital Assets, succeeding Margaret Harwood-Jones.
Convera appoints Mike Cahill as COO and hires a CTO from PayPal and a product chief from Ticketmaster to build out its money movement platform.