Payments Dive

APRIL 20, 2023

The Federal Reserve plans to discontinue its cross-border ACH payments service to Europe and Canada later this year, Fed officials reiterated at a conference this week.

Cross-Border 97

Cross-Border Cross-Border Payments Fed Payment Programs 97

Clearly Payments

OCTOBER 31, 2024

While still niche, these options could play a larger role in cross-border payments, with stablecoins providing a more stable digital currency alternative. Cryptocurrencies and Stablecoins : Cryptocurrencies and stablecoins are expected to see greater adoption as transaction fees decrease and regulatory clarity improves.

Online and Mobile Banking 98

Online and Mobile Banking RTP BNPL Debit Card 98

Finovate

FEBRUARY 20, 2025

The goal of the new format is to enhance the quality of financial messaging, facilitate cross-border payments, and reduce manual processing. Finzly’s Fedwire solution provides instant settlement, real-time visibility, and complete automation for Fedwire payments.

FedWire 115

FedWire ISO 20022 ISOs Payment APIs and Integration 115

Fintech Finance

MARCH 26, 2025

By integrating our SWIFT BIC code, FV Bank is able to receive deposits through an extensive network of over 11,000 financial institutions across more than 200 countries, significantly expanding its international cross-border payments capabilities. “While many U.S. “While many U.S.

SWIFT 64

SWIFT Global Payments Cross-Border Cross-Border Payments 64

Nanonets

SEPTEMBER 28, 2023

= Cross-border payments have become increasingly popular as businesses and individuals alike seek to capitalize on opportunities in foreign markets. Yet, these payments can be fraught with challenges, from foreign exchange risks to compliance with local regulations. What Are Cross-Border Payments?

Cross-Border Payments 52

Cross-Border Payments Cross-Border Wire Transfer Wire 52

Stax

JANUARY 17, 2024

Automated Clearing House (ACH) payments are a type of electronic bank-to-bank payment system in the US. Unlike payments facilitated by card networks like Visa or Mastercard, ACH payments are managed by a body called the National Automated Clearing House Association (NACHA). Let’s get started.

ACH 88

ACH Facilitators ISVS Payment APIs and Integration 88

PYMNTS

SEPTEMBER 14, 2018

FinTechs are gaining traction in cross-border payments, and solutions are proliferating in the space to help firms manage foreign exchange (FX) risk as they also seek speed and security across payments.

Cross-Border Payments 49

Cross-Border Payments Cross-Border Risk Same Day ACH 49

Stax

APRIL 10, 2025

Well highlight the pros and cons of each payment medium to help you narrow down the right options for your company. TL;DR You get to choose from traditional payment methods like cash and checks, online payment methods like digital wallets and ACH transfers, and emerging payment methods like BNPL services and cryptocurrencies.

Small Business 88

Small Business Wire Transfer BNPL ACH 88

PYMNTS

OCTOBER 11, 2018

Earthport, a global payments company, announced Thursday it has been named by BNP Paribas to provide Automated Clearing House (ACH) cross-border payment services.

Cross-Border Payments 43

Cross-Border Payments Cross-Border ACH International Payments 43

PYMNTS

DECEMBER 9, 2020

And, in the digital-first world that has been wrought amid the pandemic, the B2B use cases of moving money beyond the confines of the paper check have been exploding as data and payment need to be matched up seamlessly. billion transactions across 16 card-based networks, 65 domestic ACH schemes, 7 RTP schemes and five payment gateways.

Use Case 134

Use Case B2B Cross-Border Payments Cross-Border 134

The Paypers

MARCH 2, 2023

US-based payments platform Modern Treasury has announced the support for Global ACH, a payment service that enables lower cost cross-border payments for customers.

Cross-Border Payments 36

Cross-Border Payments Cross-Border ACH Treasury 36

PYMNTS

FEBRUARY 20, 2018

Individual jurisdictions around the globe are pressing for both faster and more efficient cross-border payments. China’s central bank, for instance, took steps last month to boost the efficiency of cross-border transactions involving Chinese parties by lengthening its clearing window time span. In the U.S.,

Cross-Border Payments 43

Cross-Border Payments Cross-Border International Payments Electronic Funds Transfer (EFT) 43

PYMNTS

JUNE 24, 2019

According to the company’s Co-founder Tyler McIntyre, the breed of entrepreneur that flocks to a digital-first bank is the type of business owner who uses digital payments over checks. “The majority of our customers are using ACH,” he told PYMNTS in a recent interview. and Europe.

ACH 74

ACH Payment APIs and Integration Business Payments Checks 74

Payments Source

MARCH 8, 2019

Mastercard has dropped out of a recent bidding war with Visa to acquire Earthport, announcing it will instead buy Transfast, a different cross-border payments firm.

Cross-Border Payments 102

Cross-Border Payments Visa Cross-Border Acquirers 102

PYMNTS

APRIL 30, 2020

This week’s examination of the latest in payments rails innovation finds financial service providers innovating on top of existing rails to address the friction of ACH, checks and other bank transfer infrastructure. ACH Gets A Boost In The Public Sector. Invoiced Tackles The Friction of Check.

Innovation 73

Innovation Global Payments Cross-Border ACH 73

PYMNTS

NOVEMBER 12, 2020

Enabling payments experiences that could complement these new virtual showrooms and online connections is a natural next step, she said. billion per month in wholesale transactions via credit cards and ACH payments, for example, and it allows payments to be made in about 100 currencies. Mobile And Cross-Border Payments.

Cross-Border 56

Cross-Border Cross-Border Payments B2B Payments 56

PYMNTS

DECEMBER 8, 2017

Payment Rails is making its official step into the cross-border payments market through the launch of its application program interface (API) and payment platform, the company said Thursday (Dec. Artificial intelligence ensures regulatory compliance and fraud protection.

API 78

API Cross-Border Payments Payment APIs and Integration Cross-Border 78

Fintech Finance

SEPTEMBER 13, 2024

In particular, the guideline outlines operational differences that financial institutions need to understand, including how real-time payment networks differ from traditional ACH and wire transfers. The post U.S.

Instant Payments 131

Instant Payments Faster Payments FPC Real Time Payments 131

PYMNTS

MAY 1, 2019

and cross-border payments. Volante explained that VolPay-as-a-Service supports management of a range of corporate enterprise resource planning and acknowledgement formats to streamline corporate customer on-boarding for financial institutions, automating the process of connecting businesses to payment service providers via API.

ISO 20022 66

ISO 20022 Same Day ACH Cross-Border Payments Payment APIs and Integration 66

PYMNTS

SEPTEMBER 26, 2019

-based FinTech focused on recurring payment acceptance solutions, said earlier this month that it had expanded into the U.S. market through the delivery of an automated clearing house (ACH)-based debit offering for businesses. In addition, the number of ACH payments grew 6 percent year over year in the first quarter of 2019.

ACH 51

ACH B2B Payments Checks 51

PYMNTS

JANUARY 15, 2018

and EU like Open Banking and PSD2 that require such cooperation, APIs are emerging as an essential piece of the equation for payments innovation. In the January PYMNTS.com B2B API Tracker , powered by FI.SPAN, the numbers present a picture of the B2B payments ecosystem embracing APIs to become faster, more agile, and more global.

API 77

API B2B Same Day ACH Payment APIs and Integration 77

PYMNTS

FEBRUARY 17, 2020

Managing and executing payments globally can be a sticking point, though, as companies must grapple with fund flows across banks and supply chains , where fees accrue and processing times can be slow. Existing payment networks may not have the ability or technological infrastructure to facilitate high-volume transfers,” said Wong.

Cross-Border 92

Cross-Border API Cross-Border Payments Payments 92

PYMNTS

SEPTEMBER 15, 2020

In a statement, First Horizon noted that the service addresses the growing demand for accelerated payments across a range of use cases, including payroll and commission payouts. Working with First Horizon is about providing its treasurer clients with payment rail choice as well as speed, Massey added.

RTP 105

RTP Blockchain Distributed Ledger Technology (DLT) Cross-Border 105

PYMNTS

APRIL 29, 2019

Many countries around the world are rolling out instant payments schemes that bring speed and convenience to payments made within their own borders. Unfortunately, those benefits are often limited when it comes to cross-border payments. A London-based manufacturer can’t rely on the U.K.’s

Interoperability 77

Interoperability ISO 20022 Instant Payments Cross-Border 77

PYMNTS

FEBRUARY 11, 2020

The latest data from Nacha found a new record-high growth rate for adoption of ACH payments , with B2B payments showcasing a surge in adoption of the legacy payment rail that has recently turned to technologies that can augment the service, from the movement of transaction data with an ACH payment to the deployment of Same Day ACH.

B2B 89

B2B Same Day ACH NACHA ACH 89

PYMNTS

NOVEMBER 9, 2017

Removing exchange risk often positions a business to negotiate more favorable commercial terms, according to Mark Frey, COO of Cambridge Global Payments , a cross-border payment and currency risk management strategy provider. Despite the benefits of accepting a mix of currencies, this move can be daunting.

Cross-Border 43

Cross-Border Cross-Border Payments Payments Global Payments 43

PYMNTS

JULY 9, 2020

While bank transfers may digitize a B2B transaction between a cannabis company and its vendors, there are opportunities to add value onto payment rails like ACH. The ISO 20022 payments messaging standard is a key focus for payments innovators looking to improve upon legacy payment rails.

ISO 20022 77

ISO 20022 Blockchain Cross-Border Cross-Border Payments 77

PYMNTS

SEPTEMBER 13, 2018

As FinTechs step into the cross-border payments and foreign exchange (FX) management space, there are more solutions available than ever before for corporates seeking to gain speed and security in payments – and manage risk along the way. This embrace comes as corporates are just starting to work with faster payments.

Cross-Border Payments 40

Cross-Border Payments Cross-Border Risk Same Day ACH 40

Clearly Payments

DECEMBER 11, 2024

40% of e-commerce payments are completed using digital wallets, and that number is growing. Popular Examples : SEPA in Europe, ACH in the U.S., Why It Matters : Cryptocurrency payments offer transparency and low fees, especially for cross-border payments. In the U.S., iDEAL in the Netherlands.

Alternative Payment Methods 59

Alternative Payment Methods Online and Mobile Banking BNPL Payments 59

PYMNTS

DECEMBER 12, 2017

Citi’s Treasury and Trade Solutions is expanding its international ACH payments service capabilities for corporate customers. 11) that its WorldLink Payment Services has added 10 new countries with which it can facilitate cross-border payments; the markets are across the EMEA (Europe, Middle East and Africa) region, said Citi.

Cross-Border 40

Cross-Border ACH Treasury Payment APIs and Integration 40

PYMNTS

SEPTEMBER 21, 2016

In just a matter of days, the payments industry will see a significant — and ubiquitous — change in the way payments are sent and received. Same Day ACH will create a new option for faster payments for all the banks and credit unions across the U.S. Both are about moving payments faster than they are today.”.

Faster Payments 76

Faster Payments Same Day ACH ACH ACH Network 76

PYMNTS

APRIL 17, 2017

On Friday (April 14), NACHA released more stats about ACH to explore how businesses are using the payment rail — same-day or not. According to the data, the number of ACH transactions in 2016 topped 25.6 And it is this versatility that makes ACH payments a valued payment type and supports the continued growth of the ACH network.

Same Day ACH 40

Same Day ACH NACHA ACH ACH Network 40

PYMNTS

JULY 20, 2016

There’s a global phenomenon afoot that takes the notion of cross-border payments to a new level – the high value-low frequency transactions made by a whole new category of sender – the Global Citizen. “We realized that there’s pain on both sides,” Massaro told Evans and Webster.

Cross-Border 40

Cross-Border Cross-Border Payments Payments eWallet 40

PYMNTS

JUNE 13, 2019

The tokenization helps sidestep the vulnerabilities to fraud that exist when sending checks, ACH and wire transfers. Visa also said last week that it linked with Currencycloud to focus on cross-border and travel payments. It has also linked with MoneyNetInt on cross-border payment processing in the U.S.

B2B 75

B2B Distributed Ledger Technology (DLT) Cross-Border Cross-Border Payments 75

PYMNTS

AUGUST 21, 2020

CurrencyWave , a Leeds-based cross-border payments firm, has launched a new multi-currency account to help remove borders from paying in foreign currencies for smaller firms, a report from Business Up North states. For example, if a U.S. In addition, the funds would also be able to get to the recipient much more quickly.

Multi-Currency 83

Multi-Currency Accounts Cross-Border Cross-Border Payments 83

PYMNTS

FEBRUARY 3, 2017

In a press release , Bank of America said tens of thousands of CashPro users can now make cross-currency ACH payments in 60 countries and in 22 currencies. The bank noted that ACH payments are ideal for low-value and/or recurring payments.

ACH 40

ACH Cross-Border Wire Transfer Cross-Border Payments 40

The Paypers

JULY 9, 2018

(The Paypers) Azlo has planned to add free cross-border payments to its existing offerings, which include enabling SMEs and gig economy workers to access the ACH payment network.

Cross-Border Payments 28

Cross-Border Payments Cross-Border ACH Payment Networks 28