How LemFi and BVNK Use Stablecoins to Cut Remittance Costs
Stablecoins transitioned into the financial mainstream as cross-border payments bypassed traditional operating hours, weekends and bank holidays to deliver near-instant settlement times.
While moving money across borders has become an everyday necessity for millions, the high cost of traditional transfers still remains a heavy tax.
To tackle this problem directly, financial platform LemFi has partnered with stablecoin infrastructure provider BVNK to build a faster, cheaper payment network for people sending money across borders.
By shifting cross-border settlement onto regulated stablecoin infrastructure, the partnership targets the exact friction points driving up costs for international transfers.
The partnership operationalises the stablecoin settlement strategy that LemFi initiated in May 2026 following a strategic investment from Tether as stablecoins move from crypto trading into conventional financial infrastructure.
Over the last 12 months, real-world stablecoin payment volumes reached US$7.4tn, with analysts predicting stablecoins could grow from 3% of the cross-border payments market to 20% within a decade.
- Real-world stablecoin payment volumes reached US$7.4tn over the last 12 months
- Analysts project stablecoins will grow from 3% to 20% of the cross-border payments market within a decade
- The global average cost of sending cross-border remittances stands at 6.36%
Q&A: IBM Apptio on Energy’s Role in Financial Services
Energy is fast becoming a defining constraint in financial services, as institutions scale AI, real-time analytics and always-on digital infrastructure.
What was once considered a background operational cost is now shaping everything from cloud strategy to competitiveness, with rising electricity prices and power availability directly influencing how firms deploy and scale technology.
Against this backdrop, Greg Holmes, EMEA Field CTO at Apptio – an IBM company – works with financial institutions to connect technology decisions with financial outcomes.
In this interview with FinTech Magazine, he explores why energy now sits at the heart of digital strategy and what it means for organisations balancing innovation with cost, resilience and control.
Juspay & Recurly Partner to Transform Subscription Growth
Global payments technology company Juspay has announced a strategic partnership with subscription management and recurring billing platform Recurly.
The collaboration integrates Hyperswitch, Juspay’s open-source payment orchestration platform, into the Recurly ecosystem to help global subscription businesses scale, improve payment reliability and accelerate time-to-market.
In the subscription economy, payment performance directly dictates customer retention and long-term revenue.
A friction-filled or unreliable checkout process can easily turn a loyal customer into an involuntary churn statistic.
The partnership addresses this critical challenge by combining Recurly’s specialised recurring billing workflows with Juspay’s payment orchestration capabilities.
The unified integration empowers merchants to optimise their payment stack, reduce failed transactions and deliver a frictionless checkout experience tailored to local customer preferences worldwide.
Designed to operate as an extension of internal payment teams, Juspay works closely with partners to co-build and optimise payment infrastructure.
This collaboration reinforces its position as a trusted payments infrastructure partner, helping global platforms simplify payment complexity while delivering seamless experiences to end users.
Matt Healey, Director of Product Partnerships at Juspay, says: “Subscription businesses need a payment infrastructure that is reliable and built to scale.
“Through Hyperswitch, we enable merchants to reduce payment friction and expand into new markets without rebuilding their payment stack from scratch.
“Our partnership with Recurly brings these capabilities directly into the subscription management workflow, where payment performance matters most.”
Visa & Airwallex Bring Fintech Overhaul to Freight Payments
Visa and Airwallex have teamed up to develop embedded-finance solutions for freight and shipping platforms to modernise payments across one of the world’s most operationally complex industries.
By working together, the pair aim to help logistics businesses improve cash flow, reduce friction in cross-border commerce and embed financial services more directly into day-to-day workflows.
Visa is contributing expertise in commercial payments, acceptance strategy, risk management and solution design, while Airwallex is bringing embedded-finance capabilities, multi-currency infrastructure and global platform technology.
Together, the companies say they want to build solutions tailored to the operational realities of freight and shipping, rather than applying a generic payments model.
Alessandro Figueroa, Head of New Verticals & Partnerships, Visa Commercial Solutions for Europe, says: “Freight and shipping are fundamental to the global economy, yet many businesses continue to operate with payment processes that are fragmented, manual and inefficient.
“As digital freight platforms continue to scale, there is a growing need for financial solutions that can be embedded seamlessly into existing workflows without creating additional complexity.
“By combining Visa's commercial payments expertise with Airwallex’s technology platform, we’re helping bring new solutions to market quickly, enabling platforms to simplify payments, improve working capital and deliver greater value to the businesses they serve."
HSBC: Why Payment Innovation Needs Trust, Scale & Simplicity
Real-time payments, open banking and AI-driven innovation are just some of the factors contributing to how money moves. And, because of these changes, the UK’s payments landscape is going through a phase of rapid transformation.
Financial institutions are under growing pressure to deliver faster, more intuitive and highly secure payment experiences, while also helping to build the infrastructure and collaborative frameworks that will define the next generation of financial services.
At the centre of this evolution is Andrew Rankin, Chief Payments Officer at HSBC UK’s Consumer Banking division.
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Responsible for shaping payment services for millions of retail customers, Andrew oversees a broad remit spanning account-to-account transactions, cards, international payments and emerging digital capabilities.
With a focus on balancing innovation with resilience, he also plays an active role in industry-wide efforts such as the National Payments Vision, helping to ensure that future payments ecosystems remain secure, scalable and firmly centred on customer needs.
In this Q&A with FinTech Magazine, Andrew discusses how HSBC is advancing payments innovation, the role of collaboration in delivering the National Payments Vision and what the future holds for real-time, customer-centric payment experiences.
