Correspondent Bank, Global Payments and Payment Networks

Cloud Banking Next Step In FI Modernization

PYMNTS

AUGUST 31, 2020

“Cloud payments come with a number of advantages over their traditional counterparts. The first is improved speed, shown by the adoption of cloud technology from global payments network SWIFT.

Real Time Payments

Real Time Payments Online and Mobile Banking Correspondent Bank SWIFT

Conduit Raises $36 Million Series A to Scale Use of Stablecoins for Cross-Border Payments

Fintech Finance

MAY 29, 2025

Conduit’s cross-border payment network seamlessly integrates stablecoins, USD and local currencies, providing businesses with a faster, cheaper, and more reliable alternative to the legacy SWIFT system. “Traditional cross-border payment systems do not meet the demands of modern businesses.

Cross-Border Payments

Cross-Border Payments Cross-Border Stablecoins SWIFT

Visa B2B Connect Goes Global

PYMNTS

JUNE 13, 2019

The transactions between businesses are done on an account-to-account basis, as opposed to using the existing correspondent banking network — which, of course, relies on intermediaries. It has also linked with MoneyNetInt on cross-border payment processing in the U.S.

B2B

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

Webinars

Breaking The Commerce Bottleneck: Your SAP Exit Plan Starts Now

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M10 CEO: What Central Banks Want In New Global Payments Rails

PYMNTS

DECEMBER 17, 2019

Payment rails are getting more attention these days, and there is an increasing focus on offering a standardized, relatively seamless experience that can be locked and loaded by various operators with minimal hassle. Open Banking. We offer a single API across all banks,” Kirsch told Webster. It’s moving slowly.”.

Central Bank

Central Bank Global Payments Cross-Border Payment APIs and Integration

Smarter Payments Tracker Eyes Interoperability

PYMNTS

AUGUST 1, 2019

In corporate payments, high-value transactions with tall demands for compliance, transparency, speed, efficiency and security aren’t just placing a burden on the businesses sending and receiving funds. International payments often contain unstructured and ambiguous transaction data, causing unnecessary delays and failed processing.

Interoperability

Interoperability ISO 20022 Cross-Border Correspondent Bank

Western Union Rolls Out Full API Access For International Payments

PYMNTS

OCTOBER 28, 2019

Cross-border payments firm Western Union has rolled out full application programming interface (API) access to domestic and global payment applications, the company said in a press release on Monday (Oct. The expanded APIs align with the European open banking and PSD2 requirements that became effective in September.

API

API International Payments Payment APIs and Integration Cross-Border

BS2 Bank Chooses Nium to Support Global FX Settlements and Real-Time Payouts

Fintech Finance

JUNE 6, 2024

BS2 will use Nium’s Global FX product to lower FX costs and provide more real-time payouts between Brazil and popular trading corridors with China and the UAE. ” Nium’s banking network is comprised of global banks, national banks, and payment service providers, to provide a versatile and robust payment product suite. .

Settlement

Settlement Cross-Border Cross-Border Payments Correspondent Bank

Why Cross-Border Payments Still Present Challenges

PYMNTS

JULY 31, 2019

According to the latest Smarter Payments Tracker , global payment usage is at an all-time high. So, why do cross-border payments present so many challenges? Mastercard has instead purchased cross-border transaction providers to expand its payments networks and offer similar solutions. Currently, there are 0.7

Cross-Border Payments

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

Global Cross-Border Payments Expected To Grow, But Challenges Remain

PYMNTS

AUGUST 16, 2019

In 2017, the European Payments Council launched the pan-European Single Euro Payments Area ( SEPA ) Instant Credit Transfer System, and Southeast Asian countries Indonesia, Malaysia, Singapore, Thailand and Vietnam agreed to establish a real-time cross-border payments network. and Australia’s NPP. and Australia’s NPP.

Cross-Border Payments

Cross-Border Payments Cross-Border ISO 20022 ISOs

Collaboration Is Key For Consensus On Cross-Border Payments

PYMNTS

SEPTEMBER 11, 2019

Last week, seven European payments operators announced the European Mobile Payment System Association initiative, a new pan-European network focused on cross-border mobile payments. Last week, SWIFT launched a new API standard for the pre-authorization of funds.

Cross-Border Payments

Cross-Border Payments Cross-Border ISO 20022 Real Time Payments

Payment Rails Search For Harmony In B2B Payments

PYMNTS

DECEMBER 18, 2019

While wire remains the top choice for corporates when making cross-border B2B payments, the global payments arena faces a larger challenge that requires more than the use of this single rail. M10 Eyes Central Banks’ Rail Demands. It’s moving slowly.”.

B2B

B2B Credit Union Electronic Funds Transfer (EFT) RTP

Payment Rail Innovation Tops B2B’s Year Of Disruption

PYMNTS

DECEMBER 30, 2019

In an interview with PYMNTS , Ripple Senior Vice President of Business and Corporate Development Kahina Van Dyke explained why building new infrastructure from the ground up can be an effective way to combat friction in the legacy correspondent banking system that lacks transparency and is plagued by slow transaction speeds and high FX costs.

Innovation

Innovation Cross-Border Commercial Card B2B

Visa’s Bill Sheley On What’s Next For Push Payments

PYMNTS

DECEMBER 23, 2019

” Visa’s existing global network can enable payment senders to mitigate the friction of the traditional correspondent banking network, while retaining a competitive advantage of enabling real-time push payments to recipients, he explained. .

Use Case

Use Case Cross-Border Cross-Border Payments Push-to-Card

The Inefficiencies of Traditional Cross-Border Payments and Why Change Is Needed

Fintech Review

MARCH 5, 2025

The cross-border payment industry is ripe for disruption, and change is no longer a question of if… but when. How Cross-Border Payments Work International payments rely on a network of correspondent banks. It does not move money but provides messaging services between banks.

Cross-Border Payments

Cross-Border Payments Cross-Border Correspondent Bank Correspondent

Real-Time Payments Surge in APAC as Modernisation Hurdles Persist

Fintech News

JANUARY 22, 2025

What makes APAC unique is its blend of diverse regulatory frameworks and a multitude of exotic currencies, creating a dynamic payments environment. The region is home to four of the top five global real-time payment markets by volume, showcasing APACs strategic measures to lead the global payments landscape.

Real Time Payments

Real Time Payments APACS ISO 20022 Cross-Border

Payments Space

Cloud Banking Next Step In FI Modernization

Conduit Raises $36 Million Series A to Scale Use of Stablecoins for Cross-Border Payments

Visa B2B Connect Goes Global

Webinars

M10 CEO: What Central Banks Want In New Global Payments Rails

Smarter Payments Tracker Eyes Interoperability

Western Union Rolls Out Full API Access For International Payments

BS2 Bank Chooses Nium to Support Global FX Settlements and Real-Time Payouts

Why Cross-Border Payments Still Present Challenges

Global Cross-Border Payments Expected To Grow, But Challenges Remain

Collaboration Is Key For Consensus On Cross-Border Payments

Payment Rails Search For Harmony In B2B Payments

Payment Rail Innovation Tops B2B’s Year Of Disruption

Visa’s Bill Sheley On What’s Next For Push Payments

The Inefficiencies of Traditional Cross-Border Payments and Why Change Is Needed

Real-Time Payments Surge in APAC as Modernisation Hurdles Persist

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