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Cross-Border Payments Related Topics 
The Payments Association
SEPTEMBER 16, 2024
Central bank digital currencies (CBDCs) could transform cross-border payments by reducing costs, improving efficiency, and enhancing transparency. Read more
Payments Dive
MARCH 6, 2024
The card network and the cross-border payments company are developing an international payment system that could be used in disaster situations.
The Payments Association
AUGUST 15, 2024
Cross-border payments can give a business an entirely new scope of potential customers, the ability to facilitate payments globally is a game changer. However, some key elements are essential to making this work seamlessly. Read more
The Payments Association
JULY 30, 2024
The realm of cross-border payments is rapidly evolving, with the UK positioned at the forefront of this transformation. As globalisation intensifies and digital economies expand, the need for efficient, cost-effective, and secure cross-border payment solutions has never been greater.
Payments Dive
OCTOBER 10, 2022
The Clearing House, Swift and rivals are jostling to speed up cross-border payments, with collaboration and competition likely to emerge at an international conference this week.
Fintech News
SEPTEMBER 10, 2024
A new report by Deloitte delves into the latest developments in the cross-border payment sector in Asia-Pacific (APAC), identifying four major trends reshaping the landscape and offering significant opportunities for merchants. billion grams of carbon emissions.
Finextra
SEPTEMBER 9, 2024
Japanese banks MUFG, SMBC and Mizuho are participating in a pilot using stablecoins and the Swift network for cross-border payments.
Fintech Finance
OCTOBER 8, 2024
billion digital wallets across 145 countries and by leveraging Fabrick’s Banking-as-a Service platform model, the two are creating a unified platform with tailored offerings that streamline payment processes, enhance security, and elevate the customer experience for businesses and financial institutions.
The Payments Association
AUGUST 9, 2024
Cross-border payments are the lifeblood of global trade. They fuel the import and export of goods and services, facilitate commodities and equities trading, and are vital to improving financial inclusion in the world’s poorer countries.
Fintech Finance
OCTOBER 1, 2024
OwlTing Group (“Company”), a global blockchain fintech company, today announced plans to implement Visa Direct solutions under a global agreement with Visa, a world leader in digital payments to provide real-time cross-border payments for individual and business customers.
Fintech News
JULY 15, 2024
Bank Indonesia (BI) and the Bank of Korea (BoK) have signed a memorandum of understanding (MOU) on cross-border payments. The agreement aims to enhance cooperation on the interoperability of cross-border payments and establish a framework for seamless connectivity between Indonesia and South Korea.
The Payments Association
SEPTEMBER 10, 2024
As the cross-border payments industry contends with de-banking and stringent regulations, can emerging technologies and alternative solutions pave the way for a more efficient and accessible global payments landscape? Read more
Fintech Finance
AUGUST 22, 2024
Through a new cross-border payments collaboration between Commonwealth Bank of Australia (CBA) and The Bank of New York Mellon ( BNY ), Australian businesses and individuals who receive international payments from BNY’s customers may now be paid in as little as 60 seconds1 regardless of who they bank with.
Finextra
SEPTEMBER 12, 2024
The Interledger Foundation, an organization building and advocating for an open, interoperable payment network, and Chimoney, a fintech company providing multi-currency wallets and infrastructure for cross-border payments, today announced their work to power cross-border payments between more than 130 countries worldwide.
The Payments Association
JULY 24, 2024
Cross-border payments, the lifeblood of global commerce, are also an Achilles heel for the majority of economies globally – both emerging and developed. Our latest white paper, User Reality vs.
Payments Dive
NOVEMBER 20, 2020
Cross-border payments are fraught with difficulties from long paper trails to complicated contracts/ Blockchain has emerged as a possible contender to streamline the process, however, but is it ready to tackle cross-border payments?
Fintech Finance
AUGUST 8, 2024
Thunes , a global money movement innovator, has now enabled hundreds of merchants in Paris to accept cross-border payments from 15 international e-wallets and mobile partners via Alipay+. Thunes offers Pay and Accept cross-border payment capabilities in over 130 countries and more than 80 currencies.
Fintech News
APRIL 11, 2024
This burgeoning sector, characterised by its complexity and diversity, demands payment solutions that are efficient and adaptable to the nuanced dynamics of cross-border trade. Amidst the APAC region’s rapid economic ascent and the explosion of digital commerce, cross-border payment practices have noticed an evolution.
The Payments Association
JUNE 7, 2024
Adopting ISO 20022 is essential for modernising cross-border payments, enhancing fraud prevention, and ensuring seamless interoperability and efficiency in international financial transactions. Read more
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Fintech News
AUGUST 7, 2024
Deputy Prime Minister and Minister for Trade and Industry Gan Kim Yong has reiterated the Monetary Authority of Singapore’s (MAS) ongoing efforts to combat cross-border payments scams. The post MAS Reiterates Robust Controls on Cross-Border Payments to Combat Scams appeared first on Fintech Singapore.
The Fintech Times
FEBRUARY 26, 2024
With so many countries looking towards centralised digital assets, we set out to find out how these would impact the cross-border payments market. However, CBDCs will not be the silver bullet to developing and accelerating cross-border payments. appeared first on The Fintech Times.
Finextra
APRIL 3, 2024
A collection of seven central banks are working with the Bank for International Settlements to explore tokenisation of cross-border payments.
Finextra
AUGUST 22, 2024
Commonwealth Bank of Australia is delivering near real-time cross-border payments to businesses and consumers who receive inernational payments from customers of US bank BNY.
The Payments Association
JUNE 27, 2024
The cross border payments landscape is experiencing rapid expansion. New corridors, new customers and new technology and processes are seeing more money than ever move across the globe. Consumer and Corporate funds alike are fuelling this growth.
Fintech News
JUNE 12, 2024
Rapid globalisation and available technological advancements have spurred the demand for more efficient, transparent, and accessible cross-border payment systems. The G20 Roadmap for Enhancing Cross-border Payments of the Financial Stability Board (FSB) also lists them as a key priority for enhancing such payments.
Fintech Finance
SEPTEMBER 12, 2024
The partnership is focused on enhancing cross-border payment services for e-commerce merchants in APAC. We are certain that together, we can truly enhance cross-border operations for merchants of all sizes and leave our mark in the evolution of the APAC e-commerce industry.”
Payments Dive
AUGUST 24, 2023
The international cooperative reports improvements in meeting some G20 cross-border payments goals, but says the industry is falling short on others.
Payments Dive
OCTOBER 18, 2022
“In addition to cross-border payments, the benefits of FedNow must be widely available to Americans through competitive, diverse providers — including nonbanks,” writes a U.S.-based based Wise executive.
Fintech News
JUNE 2, 2024
Swift, the global financial messaging cooperative, has announced two AI-driven experiments in collaboration with member banks to combat cross-border payments fraud which could potentially save the industry billions in fraud-related costs. Fraud cost the financial industry US$485 billion in 2023.
Payments Dive
FEBRUARY 20, 2024
Tools that “automate processes, reduce costs and promote effective safeguards across jurisdictions” may help improve cross-border payments, a Federal Reserve official said last week.
The Paypers
AUGUST 29, 2024
dLocal , a cross-border payment platform focused on emerging markets, has formed a partnership with Grey , a US startup offering global cross-border payment solutions.
Payments Dive
NOVEMBER 7, 2023
As international groups examine cross-border payment challenges, consumers and small businesses are worried about the costs and risks associated with sending money or receiving funds internationally.
The Fintech Times
FEBRUARY 22, 2024
As a result, we set out to investigate the impact the popular technology is going to have on the cross-border payments sector – specifically looking at security. “Artificial Intelligence (AI) will play a pivotal role in elevating security within the cross-border payments space.
Fintech News
MAY 15, 2024
The project aims to explore how tokenisation can improve wholesale cross-border payments. Featured image credit: Edited from Freepik The post BIS’ Project Agorá Opens to Private Sector for Tokenised Cross-Border Payments appeared first on Fintech Singapore.
Fintech Finance
JUNE 19, 2024
This acquisition puts us well on our way to scaling our Corporate Payments business to nearly $2 billion by 2026.” Following the acquisition, Corpay will process cross-border payments for approximately 23,000 customers in more than 145 currencies across six continents. The replay will be available through June, 27, 2024.
Fintech Finance
SEPTEMBER 12, 2024
By offering its comprehensive remittance service to cater to diverse customer needs in Malawi, Flutterwave continues to reinforce its position as a trusted partner for cross-border payment solutions in Africa and beyond.
Finextra
JULY 31, 2024
Nium, the global leader in real-time cross-border payments, today announced the expansion of its local funding and collection capabilities to more than 40 countries and 15 currencies, with more to come.
Finextra
SEPTEMBER 30, 2024
In an increasingly globalized economy, cross-border payments are integral to the operations of m
Fintech Finance
SEPTEMBER 2, 2024
MANSA , a leading decentralised finance (DeFi) platform specialising in cross-border payments and trade financing, has partnered with blockchain payment platform Bitmama to improve cross-border payment accessibility across Africa.
Fintech Finance
SEPTEMBER 11, 2024
According to the Borderless Payments Report 2023 by Mastercard, 48% of people in the UAE expect to send cross-border payments more frequently. Meanwhile, 36% are likely to receive more cross-border payments, driving the demand for robust international money transfer solutions.
Payments Dive
MAY 17, 2024
The Bank for International Settlements is seeking private sector participation in a smart-contract project designed by seven central banks to improve cross-border payments.
Payments Dive
MARCH 14, 2024
The federal real-time payments system may spool up slowly, but it could ultimately transform U.S. cross-border payments, ACI Worldwide's CEO predicted.
Fintech Finance
JULY 16, 2024
The Financial Stability Board (FSB) published today, for public consultation, its proposed recommendations to promote greater alignment in data frameworks related to cross-border payments and consistency in the regulation and supervision of bank and non-bank payment service providers.
The Payments Association
FEBRUARY 21, 2024
As the pace and scope of cross-border payments continue to accelerate, it’s becoming increasingly clear that the payment industry’s approach to compliance must also evolve—and take centre stage. Read more
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