Correspondent Bank, Electronic Funds Transfer (EFT) and International Payments

International Payments Group Champions Faster Cross-Border Payments

PYMNTS

FEBRUARY 20, 2018

“Although competition and innovations such as mobile or eBanking have made these payments more convenient, the bulk of clearing and settlement for cross-border payments still goes through traditional correspondent banks, which struggle to handle the higher-volume, lower-value retail payments,” the CPMI noted in its report.

Cross-Border Payments

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

Payment Rails Search For Harmony In B2B Payments

PYMNTS

DECEMBER 18, 2019

New research from Tipalti, conducted by Levvel Research, found that when it comes to cross-border B2B payments, wire transfers remain the most common method (cited by 69 percent of survey respondents), despite the high fraud risks and sluggish speed of the tool. All of these payment methods come with their drawbacks.

B2B

B2B Credit Union Electronic Funds Transfer (EFT) RTP

Payments Space

International Payments Group Champions Faster Cross-Border Payments

Payment Rails Search For Harmony In B2B Payments

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