Fintech Finance

JULY 12, 2024

The failure of pan-Nordic initiative P27 illustrates the challenge of collaborating on and executing the vision of a cross-border settlement scheme across jurisdictions. Hatton concludes: “Simplicity and speed of the transfer process is the most important factors for consumers when choosing a cross-border payment provider.

Cross-Border

Clearly Payments

MAY 1, 2025

But they also have a ripple effect that extends to merchants pricing strategies, customer behavior, and yes, even how payments are processed. While credit card processing fees arent directly subject to tariffs, many businesses are seeing indirect impacts that affect their bottom line. Will Tariffs Increase Payment Processing Fees?

Credit Cards

PYMNTS

SEPTEMBER 20, 2020

ECS Fin , which works in transaction processing optimization, will launch a pilot program to test the integration of blockchain services of Apifiny 's Roxe network to help companies save time and costs on B2B payments, according to a press release.

Office of the Comptroller of the Currency

The Fintech Times

FEBRUARY 26, 2024

The digital currencies are influencing the technical aspects of cross-border transactions rather than altering user experiences. “CBDCs can contribute to quicker and more secure cross-border settlements, reducing the time traditionally associated with international fund transfers.

Cross-Border Payments

The Fintech Times

SEPTEMBER 4, 2024

It has historically taken a long time to send money across the globe, with the process being very restrictive. We are looking forward to working with Bahrain FinTech Bay to make instant cross-border settlement a reality for the region.”

Cross-Border Settlement

PYMNTS

JULY 28, 2020

He said the company wants to “deliver a network infrastructure that complies with regulatory requirements and streamlines the complexities in processing real-time international payments across the whole payment ecosystem” and help to “make infrastructure a competitive advantage for next-generation enterprises.”. .

Cross-Border

Finovate

AUGUST 12, 2024

LianLian, which specializes in cross-border settlement services with instant payouts, selected Thredd to power its Yueda virtual card product. Founded in 2007 and headquartered in London, Thredd offers digital payment solutions to help businesses simplify financial transactions. Luxembourg, Thailand, and Indonesia.

APACS

The Paypers

DECEMBER 11, 2018

(The Paypers) Ingenico Group is transforming how international online merchants can do business in Russia, by offering domestic processing and cross-border settlement for international payments.

Cross-Border Settlement

PYMNTS

DECEMBER 19, 2019

To that end, in an interview with PYMNTS, Mike Goodenough, general manager of EMEA at Ingenico ePayments , said merchants can demystify the cross-border adventure into Russia through Ingenico’s local solution that can streamline transaction processing. If the merchants are asking the consumers to pay for Russian goods in U.S.

Digital Payments

PYMNTS

JANUARY 16, 2020

Global Blue is a company that processes cross-border transactions for international tourists. The company said that in its latest fiscal year, which ended in March 2019, it processed 64 million transactions for 29 million international shoppers, and revenues for the firm were more than 400 million euros.

Cross-Border

PYMNTS

MARCH 2, 2016

Blockchain proponents say the disruptive technology is worth the onboarding process. The company also pointed to the recent rise of the nostro account, an account owned by a financial institution in another country with funds held in local currency, used to facilitate cross-border settlement. The Case For XRP .

Cross-Border Payments

The Fintech Times

JUNE 5, 2025

Merchants will soon be able to offer ‘Pay by Bank’ functionality through Deutsche Banks Request to Pay (R2P) service, enabling customers to authorise payments directly from their bank accounts with real-time processing and immediate confirmation. Were excited to support its continued expansion across Europe and beyond.

ISO 20022

PYMNTS

OCTOBER 10, 2019

The wall that many new cross-border eCommerce entrants are running into at top speed is the failure to realize upfront what a massive undertaking it is to build global scale for seamless, secure, cross-border settlement. But in a natural business context, that isn’t the only pain point.

Cross-Border

PYMNTS

APRIL 30, 2018

with supporting use cases mostly related to financial services and cross-border settlement, for a grand total of $242 million in 2018. In January, the International Data Corporation (IDC) reported worldwide spending on blockchain solutions would increase to $2.1 billion by 2021. billion growing to $120.7 trillion in 2021.

FinTech

The Payments Association

MARCH 18, 2025

Banks and payment platforms worldwide will play a crucial role in this process, ensuring that crypto reaches its true potential as a transformative financial technology. now takes a step toward embracing crypto by fostering a holistic approach that balances innovation with consumer protection. How are banks likely to respond?

Federal Reserve

The Payments Association

MAY 14, 2025

In his view, the promise of instant, cross-border settlement is fundamentally limited by inconsistent legal recognition of digital transactions across jurisdictions. Can real-time cross-border payments be safe? Incremental tweaks to legacy processes will not suffice.

Cross-Border Payments

The Fintech Times

APRIL 23, 2025

As traditional banking processes are replaced by more integrated financial solutions, companies across industries are embedding payment processing, lending, insurance, and investment services directly into their platforms. Embedded finance is rapidly changing the way consumers and businesses alike interact with financial services.

Embedded Finance