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Cross-Border Payments Related Topics 
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?
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.
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.
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 Finance
NOVEMBER 18, 2024
The current cross-border payment system imposes high costs on businesses and economies worldwide, stifling economic potential and limiting financial inclusivity. Any improvement in the efficiency of cross-border transactions would, therefore, lead to considerable benefits for businesses and individuals globally.
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.
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
NOVEMBER 21, 2024
India is advancing efforts to establish cross-border payment linkages with multiple countries, as reported by Bloomberg, citing an official from the Reserve Bank of India (RBI). T Rabi Sankar Deputy Governor T.
Fintech Finance
JANUARY 22, 2025
Mesta , a fintech platform reshaping global payment networks with hybrid fiat and stablecoin payment rails, unveiled its cross-border payment platform. It combines real-time fiat payment rails with blockchain-powered stablecoin rails, addressing inefficiencies in global payments and trade.
Fintech Finance
JANUARY 8, 2025
The BIS Committee on Payments and Market Infrastructures (CPMI) announced further steps to promote the adoption of its harmonised ISO 20022 data requirements for more efficient processing of cross-border payments. The data requirements were published in a report to the G20 in October 2023.
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Fintech News
OCTOBER 31, 2024
FXC Intelligence, a data platform specializing in the cross-border payment and e-commerce sectors, has released its annual selection of the world’s most promising cross-border payments companies in 2024. Another company from Singapore featured on the list is Tazapay.
Fintech News
DECEMBER 8, 2024
Ant International has joined Swift ‘s “Network Interoperability Reference Implementation” programme, a pre-pilot initiative designed to improve cross-border payment experiences.
Fintech News
AUGUST 13, 2024
In a recent webinar hosted by the Fintech News Network, experts from the Bank for International Settlements (BIS), Wise, Airwallex, and LexisNexis Risk Solutions explored the latest trends and developments in cross-border payments, emphasizing the pioneering role of Southeast Asia in this rapidly evolving landscape.
Fintech Finance
OCTOBER 18, 2024
Nium , the leading global infrastructure for real-time cross-border payments, is thrilled to announce a partnership with Bank Rakyat Indonesia (BRI) to provide Indonesian customers with real-time international money transfer capabilities.
Fintech News
JANUARY 7, 2025
BIS aims to improve the efficiency of cross-border payments. They also provide impetus to industry-led efforts to create guidelines for faster cross-border payments. The CPMI views these guidelines as essential to making cross-border payments safer and more efficient.
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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
JANUARY 17, 2025
In a significant milestone for the fintech industry, Paysend , the UK-based global payments platform, has announced reaching 10 million consumer customers worldwide. The post Paysend Celebrates 10 Million Consumer Customers Milestone: Simplifying Cross-Border Payments for Everyone appeared first on FF News | Fintech Finance.
Fintech News
OCTOBER 20, 2024
This eliminates the need for complex and costly API integrations, making cross-border payments faster and more affordable. ISO 20022 is also the new industry standard in the process of migration, further streamlining cross-border payment processes. said Alex Johnson, Chief Payments Officer at Nium.
Fintech News
OCTOBER 16, 2024
Siam Commercial Bank ( SCB ), alongside its venture arm SCB 10X and Lightnet , has launched Thailand’s first cross-border payment system utilising stablecoins, according to CoinGape.
Fintech Finance
OCTOBER 22, 2024
Temenos today launched a SaaS enterprise service for cross border payments, empowering Payment Service Providers (PSPs), including banks, electronic money institutions (EMIs) and fintechs, to swiftly launch and lower the cost of cross border payment services.
The Payments Association
JUNE 25, 2024
Banks are de-banking payment providers, causing major disruptions in cross-border transactions and impacting financial inclusion
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Fintech Finance
OCTOBER 21, 2024
Mastercard introduced a new product innovation, Mastercard Move Commercial Payments, that will enable banks to facilitate near real-time, predictable and transparent commercial cross-border payments.
The Paypers
OCTOBER 22, 2024
dLocal has announced its partnership with USI Money in order to streamline cross-border payments for customers and clients in the region of Asia and Africa.
Fintech News
JULY 16, 2024
Banking software provider Temenos and global payments leader Visa have announced a collaboration to simplify and streamline cross-border payments for banks and their customers. Visa Direct facilitates real-time cross-border and domestic payments, reaching billions of endpoints in over 190 markets and 160 currencies.
Fintech Finance
JANUARY 17, 2025
We aim to address existing challenges in cross-border payments and seize opportunities through innovative solutions. Our partnership with Cairo Amman Bank will be instrumental in bringing convenient and secure cross-border payment solutions to Jordan. billion in 2023, an increase from USD4.91
Fintech News
APRIL 3, 2024
The initiative, which began in late 2022, aims to make cross-border payments faster, more affordable, transparent, and inclusive, leveraging technologies like QR code-based and fast payment modalities to improve payment connectivity across the region.
Finextra
OCTOBER 22, 2024
Nium, the leading global infrastructure for real-time cross-border payments, is thrilled to announce its strategic partnership with Doha Bank, a premier financial institution in Qatar.
The Fintech Times
FEBRUARY 5, 2024
Within the research , Juniper Research found instant payments will revolutionise B2B payments by enabling cheaper and more secure cross-border trade. They will reach 42 per cent of all cross-border payments by 2028, at $16trillion; up from just 17 per cent in 2024, at $5trillion.
Fintech News
NOVEMBER 12, 2024
Looking ahead, he highlighted Thailand’s efforts to strengthen cross-border payment connectivity through projects like Nexus and mBridge. The post Thai Governor Highlights Data, Cross-Border Payment Initiatives at SFF 2024 appeared first on Fintech Singapore.
Fintech Finance
OCTOBER 17, 2024
Swift today published new data which reveals continued progress towards meeting the G20’s goal for the speed of cross-border payments, reporting that 90% of cross-border payments made over the Swift network reach the destination bank within an hour. Swift is committed to continuing to support these efforts.”
Fintech News
OCTOBER 23, 2024
Emirates NBD has entered a strategic agreement with Singapore-based blockchain platform Partior to improve its cross-border payment capabilities. The partnership will allow Emirates NBD to offer clients faster, around-the-clock payment processing through Partior’s blockchain-based platform for clearing and settlement.
Fintech News
NOVEMBER 5, 2024
This collaboration makes Nium the first fintech payment service provider to join the Partior network, unlocking new capabilities such as programmable enterprise liquidity management and Just-in-Time multi-bank payments for financial institutions.
Fintech Finance
DECEMBER 17, 2024
Bitso Business the B2B arm of Bitso that provides the infrastructure for the future of cross-border payments releases its 2024 results. The global cross-border payments market, currently valued at $44 trillion, is projected to reach $65 trillion by 2030. trillion by 2030.
Fintech Finance
OCTOBER 16, 2024
Macro Global , a leading global FinTech company, today announced a strategic partnership with Trust Payments , a leader in payments powering truly innovative customer-centric commerce solutions worldwide, which will make it simpler for cardholders to send money anywhere.
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.
Fintech Finance
OCTOBER 22, 2024
dLocal , the leading cross-border payment platform specializing in emerging markets, today announced its strategic partnership with USI Money , a prominent foreign exchange provider and money transfer operator.
Fintech Finance
APRIL 24, 2024
The replacement RTGS system, slated for readiness in August 2024, makes support for ISO 20022 a prerequisite for all international payments from the SWIFT deadline. The shift in cross border payments is the first step in what will become a broader adoption of the ISO 20022 standard in the payments environment as a whole.
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Fintech Finance
DECEMBER 17, 2024
Card Corporation, a leading privately-owned financial services technology company specializing in mobile banking and card payments, is pleased to announce a new collaboration with Visa to introduce Visa Direct 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.
Fintech News
JULY 14, 2024
Ant International and BNP Paribas have entered a strategic partnership to enhance cross-border payment solutions for European merchants and consumers. BNP Paribas will sponsor WorldFirst’s integration into SEPA, allowing WorldFirst’s clients to access real-time payment schemes under SEPA and automate treasury payments.
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.
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
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.
Fintech News
NOVEMBER 6, 2024
Global payments infrastructure provider Nium has expanded its partnership with Kinexys by J.P. Morgan (formerly Onyx) to enhance cross-border payment accuracy in Malaysia, Thailand, and Hong Kong, This makes Nium the first fintech to provide data for validating bank account details in these markets.
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