The Payments Association

JUNE 3, 2025

Early deployments across Asia, the Caribbean, and Europe reveal how people are using CBDCs, how merchants are responding, and what this means for cross-border payments in an increasingly interconnected world.

CBDC

Finovate

JUNE 3, 2025

Financial crime compliance innovator ThetaRay announced a strategic partnership with cross-border payments platform Spayce. Cognitive AI financial crime compliance company ThetaRay is working with cross-border payments platform Spayce to bring enhanced security and fraud fighting ability to payments.

Cross-Border Payments

The Payments Association

MARCH 19, 2025

These innovations offer businesses and consumers a way to move money faster, cheaper, and more securely. Here’s how these technologies are reshaping the payments ecosystem: Stablecoins are transforming cross-border payments by providing faster, cheaper alternatives to traditional transfers.

Cross-Border

The Fintech Times

MAY 3, 2025

To offer businesses seamless, efficient and cost-effective cross-border transactions, Cross River Bank , a tech infrastructure provider that offers embedded financial solutions has announced the launch of its new International Payments solution.

International Payments

The Payments Association

FEBRUARY 10, 2025

While vIBANs offer innovation in payment systems, they introduce risks like money laundering due to insufficient oversight. Payment Service Providers must strengthen due diligence, monitoring, and collaboration with regulators to address these risks. Why is it important? What’s next?

IBAN

Finextra

JUNE 26, 2025

It also brings in stronger customer authentication (SCA) to prevent fraud during digital payments. While its European, its impact is global, especially if you deal with cross-border payments. What is AML in payment processing? AML stands for Anti-Money Laundering.

PCI DSS

Finextra

JULY 3, 2025

Choosing the right one can change how you operate, how fast you grow, and how well you serve your customers, especially if you plan to offer cross-border payments. Transparency in cross-border payments is also critical. Customers want to know what fees they pay and when the money will arrive.

eWallet

The Payments Association

JANUARY 13, 2025

However, PSPs must ensure their systems and processes support this capability, which may involve implementing blockchain analytics tools and strengthening compliance with anti-money laundering (AML) and counter-terrorist financing (CTF) regulations. Finally, PSPs must leverage the opportunities presented by these regulatory changes.

Legal

Fintech News

FEBRUARY 2, 2025

Wise, which promotes itself as a provider of affordable and fast cross-border payments with no hidden costs, was found to have misled US customers by suggesting they would incur lower ATM fees while also failing to properly disclose exchange rate details. However, its global expansion has faced challenges.

Consumer Financial Protection Bureau (CFPB)

The Payments Association

JULY 15, 2025

Notably, emerging sectors such as digital assets and crypto, open banking, and cross-border payments each captured 2.5% of respondents, reflecting their nascent but growing importance in the payments ecosystem’s fight against financial crime.

Financial Crimes

The Fintech Times

APRIL 24, 2025

Versapay , an Accounts Receivable (AR) platform, has appointed Elizabeth Bramlage as chief marketing officer.With over 15 years of experience leading marketing for high-growth fintech and payments companies, Bramlage most recently served as CMO at ComplyAdvantage , a global provider of financial crime compliance technology.

FinTech

Finextra

JULY 28, 2025

Their EMI licence, issued under the Financial Institutions Act, authorizes PayDo to issue electronic money and provide payment services throughout the EU via passporting rights. This means that PayDo complies with key EU standards in anti-money laundering (AML), customer protection, and financial security.

Security

Finextra

JULY 22, 2025

However, their philosophy towards expansion has been considerably different, with Wise focusing on reliable and seamless cross-border payments and freelancers, while Revolut has expanded to include stock investing services.

Payment APIs and Integration

The Fintech Times

MARCH 12, 2025

Dima Kats, CEO and founder of Clear Junction, a provider of cross-border payments for regulated financial institutions, sees it as a predictable step in line with the UKs National Payments Vision (NPV), which had already signalled major regulatory restructuring. The UK has long positioned itself as a fintech powerhouse.

FinTech

Fintech Review

MAY 4, 2025

It is non-negotiable for any business handling payments, onboarding customers, or moving money across borders. Strong Know Your Customer (KYC) and Anti-Money Laundering (AML) frameworks are now expected not just by regulators, but by enterprise partners and customers.

Payment APIs and Integration

The Payments Association

JULY 18, 2025

Critically, firms operating under Money Laundering Regulations (MLRs) must now secure Part 4A FSMA authorisation to continue operating legally once the transitional period ends. Evaluate partnerships with banks, wallet providers, and acquirers to embed digital euro into domestic and cross-border payment offerings.

Regulations

Fintech Finance

JUNE 3, 2025

ThetaRay , a global leader in Cognitive AI financial crime compliance, and Spayce , a cross-border payments platform, today announced a strategic partnership to combat evolving financial threats and enhance global payment security. The collaboration will be officially unveiled at Money 20/20.

Financial Crimes

Fintech Review

MAY 14, 2025

However, they must still meet basic consumer protection, anti-money laundering , and operational resilience standards. Companies can offer innovative financial services to real customers for a limited period while benefiting from regulatory flexibility and oversight.

Innovation

Finextra

JUNE 26, 2025

transaction fees, Online Seller Verification and Customer Review Fraud Prevention, Online Buyer Identification and Money Laundering Prevention, Integrated, Deterministic Fraud Prevention (It is much better to integrate fraud prevention into the online purchase flow than to try to extract fraudulent transactions after the purchase!)

Stablecoins

Finovate

AUGUST 1, 2025

Companies also must comply with anti-money laundering (AML) and counter-terrorist financing (CTF) regulations as well as maintain obligatory risk management, disclosure, and auditing standards. Founded in 2020, RD Technologies provides technology to help bridge the Web2 and Web3 worlds. .

Stablecoins

Finextra

AUGUST 4, 2025

Cryptocurrencies introduce new money laundering risks (e.g. Remittance & Cross-Border Payments Money service businesses (MSBs), remittance providers, and cross-border payment startups operate in one of the most compliance-heavy corners of finance.

AML

Finextra

JUNE 26, 2025

Online Buyer Identification and Money Laundering Prevention. Conditional Payments for Seller-Buyer Customization and Disputes Resolution. Pay with TRIO offers: Settlement in minutes. transaction fees. Online Seller Verification and Customer Review Fraud Prevention. Integrated, Deterministic Fraud Prevention.

Stablecoins

Finextra

JULY 22, 2025

However tokenised deposits are unlikey to make much headway in the UK, nor are GBP stablecoins (there is no demand and initiatives such as the Regulated Liability Network have gone quiet), whereas USD stablecoins for cross-border payments globally and domestic in the US look set for the big time.

CBDC

Finextra

JULY 30, 2025

Conversations highlighted how tokenization could address various inefficiencies within traditional markets, including costly intermediaries and limited market access - not dissimilar to how stablecoins have overhauled and simplified traditional methods of processing cross-border payments, facilitating greater financial inclusion.

Stablecoins

Fintech News

MAY 15, 2024

The project aims to explore how tokenisation can improve wholesale cross-border payments. This partnership aims to tackle inefficiencies in current payment systems, particularly in cross-border transactions, which face various legal, regulatory, and technical challenges, as well as different operating hours and time zones.

Cross-Border Payments

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.

Cross-Border Payments

Fintech News

APRIL 3, 2024

This initiative, named after the Greek word for marketplace, aims to delve into the potential benefits of tokenising cross-border payments to enhance the global monetary system’s efficiency. Being a member of the IIF is not a requirement to participate.

Cross-Border Payments

Fintech News

MAY 29, 2024

Singapore has released an Environmental Crimes Money Laundering National Risk Assessment (NRA), highlighting the primary threats and vulnerabilities associated with it. The NRA concludes that, given the existing controls, the risk of criminals using Singapore for environmental crimes money laundering is medium-low.

Money Laundering

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.

Cross-Border Payments

Fintech News

NOVEMBER 20, 2024

Cross-border payment firm XTransfer is leveraging its success in China to fuel an ambitious global expansion plan. A focus on Southeast Asia Founded in 2017 and headquartered in Shanghai, XTransfer is a business-to-business (B2B) cross-border payment specialist. Risk management is another challenge.

Cross-Border Payments

PYMNTS

SEPTEMBER 16, 2020

Money laundering carries a maximum penalty of 14 years in prison as well as a fine. In June, the Nikkei Asian Review reported that Chinese officials are considering an East Asia digital currency in a bid to combat money laundering. . Alibaba and JD.com, two of China’s largest shopping sites, declined to comment.

Money Laundering

Fintech Finance

NOVEMBER 13, 2024

Authorised Push Payment (APP) fraud continues to be one of the most pressing concerns for financial services, the payment industry, law enforcement and the general public – and new developments in cross-border payments may be making it easier.

Cross-Border Payments

Fintech Finance

OCTOBER 8, 2024

Moreover, TerraPay’s global infrastructure aligns with Fabrick’s mission to support Open Finance across different domains, including cross-border payments. ” The post Fabrick and TerraPay Partner to Innovate Cross-Border Payments in Europe appeared first on FF News | Fintech Finance.

Cross-Border Payments

Fintech News

JULY 3, 2024

The Bank for International Settlements (BIS) and its partners have revealed the comprehensive blueprint for phase three of Project Nexus, which seeks to address longstanding challenges in international money transfers by leveraging the power of domestic instant payment systems (IPS). How Does Project Nexus Work?

Cross-Border Payments

The Payments Association

OCTOBER 24, 2024

Cross-border payments are transforming rapidly with evolving regulations and technological advancements. Addressing regulatory compliance Businesses, including EMD Agents, face a challenge in cross-border transactions: complying with anti-money laundering (AML) and know-your-customer (KYC) regulations.

Cross-Border Payments

The Payments Association

FEBRUARY 7, 2025

TerraPay, a global money movement company, and PYMNTS, a global leader in payments and fintech insights, have released a detailed report on the future of cross-border payments. financial institutions currently support wallet-based B2B payments, indicating vast untapped opportunities for growth.

Cross-Border Payments

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.

Cross-Border Payments