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    "headline": "Asia-Pacific real-time payments shift to cross-border interoperability with Project Nexus, UPI-Alipay+ link, mBridge",
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    "prose": "Project Nexus, backed by the Bank for International Settlements, is tying together the national instant payment systems of Malaysia, Singapore, Thailand, Indonesia and the Philippines through a common cross-border framework, allowing participants to connect once to reach the broader network and cutting delays and costs associated with correspondent bank routing. [^1]\n\nFive new themed tourism routes connecting Hangzhou, Chendaohe, and Huangshan were officially announced to target the South Korean market. [^2]\n\nThe 'Famous Mountains, Famous Waters, Famous Cities' Hangzhou, Chendaohe, and Huangshan Tourism Exposition was held in Seoul, South Korea on September 3. [^3]\n\nSingapore is studying a second generation of PayNow, including a proposal to bridge PayNow and NETS QR so consumers can scan and pay across different schemes, with a pilot targeted for the end of 2026. [^4]\n\nThailand's PromptPay was clearing more than 74 million transactions a day by mid-2025, with signups topping 81 million earlier that year. [^5]\n\nUnnamed Indian officials are reportedly in discussions with Ant International about linking Alipay+ with the Unified Payments Interface (UPI) for cross-border transactions, which would connect one of the world's largest instant payment systems with a platform spanning more than 100 markets and 1.8 billion accounts. [^6]\n\nThe event was jointly hosted by the Hangzhou Municipal Bureau of Culture, Radio, Television, and Tourism and the Huangshan Municipal Bureau of Culture and Tourism. [^7]\n\nThe new routes utilize the Hangzhou-Huangshan high-speed rail to link the three regions, allowing tourists to experience urban scenery, lake ecology, and mountain landscapes in a single trip. [^8]",
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