Visa, Western Union partner on cross-border payments
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.
Cross-Border Payments International Payments Payments 
Navigating the evolving landscape of 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.
6 Asian Companies Recognized Among the World’s Most Promising in Cross-Border Payments
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. One of Singapore’s entries is Partior. Another company from Singapore featured on the list is Tazapay.
BRI Partners with Nium to Expand Real-Time Cross-Border Payment Solutions
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.
Swift Cross-Border Payment Processing Speed Stretches Further Ahead of G20 Target
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.
Standard Chartered and Wise Platform Partner to Transform International Payments Experience
Fintech Finance
NOVEMBER 5, 2024
In a significant move to strengthen its retail cross-border payments offering, leading global bank Standard Chartered and Wise Platform, Wise’s global payments infrastructure for banks, have announced a partnership, to power faster and cheaper international payments for the bank’s cross-border payment service, SC Remit.
CBA and BNY Deliver Near Real-Time Cross-Border Payments
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.
Temenos Simplifies Cross-Border Payments with Cloud-Based Service
Fintech News
OCTOBER 22, 2024
Banking software provider Temenos has introduced a new service designed to make cross-border payments faster and more affordable. The Temenos Cross Border Payments Enterprise Service is available to banks, Payment Service Providers (PSPs), electronic money institutions (EMIs), and fintechs.
Doha Bank and Nium Partner to Introduce Real-Time Cross-Border Payments in Qatar
Fintech Finance
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. Central to this collaboration is the commitment to offer fast, reliable, and cost-effective remittance services to residents of Qatar.
Standard Chartered Taps Wise for Faster, Cheaper International Payments
Fintech News
NOVEMBER 4, 2024
Standard Chartered announced a new partnership with Wise Platform to improve speed and lower costs for its international payments service, SC Remit. Wise Platform’s infrastructure includes over 65 licences and six direct connections to domestic payment systems including the latest one with Philippines’ InstaPay.
Wise to Power Cross-Border Payments for Standard Chartered
Finovate
NOVEMBER 5, 2024
Global bank Standard Chartered unveiled this week that it has teamed up with cross-border payments fintech Wise (formerly TransferWise). The bank has selected Wise Platform , Wise’s global payments infrastructure for banks, to power international payments for SC Remit , Standard Chartered’s cross-border payment service.
Temenos and Visa Join Forces to Simplify Cross-Border Payments for Banks
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.
UK Banks Urged to Act Now Ahead of New Cross-Border Payments Legislation ISO 20022 to Prevent Exclusion from International Payment Networks
Fintech Finance
APRIL 24, 2024
The Bank of England has provided a strong commitment to the international programme through the development of its new Real Time Gross Settlement System (RTGS) which sits at the heart of the UK’s national payments infrastructure. The UK is increasingly falling behind the world order in this space, with the inability of Pay.UK
ISO 20022 
132
132 
PCBB and Finzly Partnership Boosts International Payment Services
Fintech Finance
OCTOBER 28, 2024
PCBB and Finzly , two leading innovators in the financial payments industry, have formed a strategic partnership to deliver enhanced international payment services to Finzly’s customers. The post PCBB and Finzly Partnership Boosts International Payment Services appeared first on FF News | Fintech Finance.
Currencycloud Powers OPAL to Simplify Cross-Border Payments for SMEs
Fintech News
JUNE 11, 2024
Licensed as a Major Payment Institution (MPI) by the Monetary Authority of Singapore (MAS), OPAL offers domestic and cross-border payments, payment accounts, and e-money services. These have since gone live and new features like payment, and foreign currency exchange are currently in the works.
Temenos and Mastercard to Expand Cross Border Payment Options for Banks
Fintech News
JUNE 4, 2024
Banking software company Temenos has announced a partnership with Mastercard to provide banks and their customers with more options for international money transfers. This partnership will integrate Mastercard Move , a comprehensive suite of money transfer solutions, into Temenos Payments Hub.
Wise Platform and Standard Chartered partner to improve international payments
The Paypers
NOVEMBER 5, 2024
Wise , a global technology company focused on cross-border money transfers, has partnered with Standard Chartered to support augmented international payments for the latter’s cross-border payment service.
RBI Discusses CBDCs for Cross-Border Payments with HKMA, US Fed, and SWIFT
Fintech News
DECEMBER 10, 2023
The Reserve Bank of India (RBI) has initiated discussions with the Hong Kong Monetary Authority (HKMA) , the US Federal Reserve, and the international payment platform SWIFT to explore the use of central bank digital currencies (CBDCs) for cross-border payments.
Airwallex’s Cross-Border Payments Technology Streamlines McLaren Racing’s Financial Operations
Fintech Finance
SEPTEMBER 23, 2024
Airwallex , a leading global payments and financial platform for modern businesses, today revealed how its global financial technology has improved McLaren Racing’s financial operations throughout the 2024 Formula 1 season. Over the course of a month, this new process is saving the McLaren Racing finance team half a day of work.
Cross Border Payments on the Rise, Trulioo Reports 142% Surge in Remittance Transactions
Fintech Finance
AUGUST 29, 2024
As cross-border payment demand reaches new heights, remittance companies continue to turn to the Trulioo global platform for its comprehensive analytics and localized digital verification workflows in 42 languages. We are proud to hold the trust of leading remittance brands in a rapidly expanding global industry.”
13 Asia Pacific Firms Make Top 100 Cross-Border Payment Companies List for 2024
Fintech News
MAY 7, 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 top cross-border payment companies, recognizing the leading publicly traded companies, startups and private companies operating in the space worldwide.
Datapro and Mastercard Join Forces to Expand Opportunities for Cross-Border Payments in Latin America
Fintech Finance
JULY 12, 2024
The collaboration will provide Datapro’s customers throughout Latin America and the Caribbean with access to fast, transparent, and convenient cross-border payment experiences. The post Datapro and Mastercard Join Forces to Expand Opportunities for Cross-Border Payments in Latin America appeared first on Fintech Finance.
dLocal Partners with MoneyGram to Expand Leading International Payment Services in High-Growth Markets
Fintech Finance
SEPTEMBER 19, 2024
dLocal, the leading cross-border payment platform specializing in emerging markets, today announced a strategic partnership with MoneyGram, a leading global financial technology company that connects the world’s communities.
Veritran and Swift Announce Collaboration to Enhance Cross-Border Payments
Finovate
APRIL 30, 2024
A new collaboration between Veritran and financial messaging services innovator Swift will empower financial institutions to provide an enhanced and streamlined cross-border payments experience for customers. Swift GPI Tracker enables users to check the status of cross-border payments.
Cross-Border Payments: Challenges and Solutions
Nanonets
SEPTEMBER 28, 2023
= Cross-border payments have become increasingly popular as businesses and individuals alike seek to capitalize on opportunities in foreign markets. Yet, these payments can be fraught with challenges, from foreign exchange risks to compliance with local regulations. What Are Cross-Border Payments?
Mastercard Move Collaborates With urpay to Enable Convenient and Secure Cross-Border Payment Services
Fintech Finance
JUNE 25, 2024
As part of its mission to connect and power an inclusive digital economy, Mastercard has signed a strategic agreement with urpay to offer urpay consumers across the Kingdom greater access to an advanced selection of cross-border payment solutions. The portfolio includes Mastercard Cross-Border Services and Mastercard Send.
Finovate Global New Zealand: Business Banking, Wealthtech, and Cross-Border Payments
Finovate
OCTOBER 18, 2024
Emerge’s technology simplifies expense tracking, enables the creation of debit cards — including an unlimited number of virtual cards — and allows users to make and receive payments with a New Zealand business banking account backed by ANZ. PXP Financial teamed up with Latin American payments platform Kushki.
Temenos and Mastercard Join Forces to Expand Cross-border Payment Capabilities Through Mastercard Move
Fintech Finance
JUNE 4, 2024
Temenos (SIX: TEMN) today announced a collaboration with Mastercard , a leading global technology company in the payments industry, to accelerate the implementation and delivery of Mastercard Move, Mastercard’s portfolio of money transfer capabilities, to banks and their customers.
EvonSys Set to Unveil Payments Platform to Transform the Cross-Border Payments Experience at Pega World 2024
Fintech Finance
JUNE 7, 2024
EvonSys , a Global Elite Pega Partner and Platinum Sponsor for Pega World 2024, announces the launch of the EvonSys Payments Platform (EPP). This innovative platform is set to transform the landscape of cross-border payments, delivering new standards in traceability, transparency, and efficiency.
Veritran and Swift Come Together to ‘Overcome Increasing Fragmentation’ of Cross-Border Payments
The Fintech Times
APRIL 27, 2024
Global tech firm Veritran has partnered with Swift , the world’s leading provider of financial messaging services, to enable financial institutions to offer an enhanced, streamlined and more transparent cross-border payment experience to their customers.
Veritran and Swift Connect to Enhance User Experience and Increase Transparency in Cross-Border Payments
Fintech Finance
APRIL 30, 2024
Veritran and Swift announce their collaboration that will enable financial institutions to offer an enhanced and streamlined cross-border payments experience to their customers. Users will also have full visibility of a payment cost, including the FX rate, upfront.
What Is the Top Priority for Firms Looking To Offer Cross-Border Payments?
The Fintech Times
FEBRUARY 19, 2024
Payments are arguably the face of fintech. When you think about financial technology, it is easy to think about solutions which are making payments faster, easier and more accessible. Having discussed the myths , hype and usage of buy now pay later (BNPL), we now turn our focus to cross-border payments.
What Canadian Merchants Need to Know About International Payment Processing
Clearly Payments
OCTOBER 30, 2024
As Canadian businesses look to expand internationally, one crucial component of successful growth is handling cross-border payments smoothly and efficiently. As global online shopping grows rapidly, consumers expect seamless payment experiences.
International coalition pursues cross-border payments improvements
Payments Dive
JANUARY 23, 2023
In a new report, a group of international organizations give a broad overview of routes for improving international payments systems.
Ebury and Nium expand partnership to power cross-border payments in Brazil
Fintech Finance
FEBRUARY 22, 2024
Ebury , one of the world’s largest fintech companies specializing in transactions for SMEs, today announced its partnership expansion with Nium , the leader in real-time global payments, to deliver a groundbreaking global remittance service in Brazil. Brazil has tremendous potential to set a global example in digital payment innovation.
Barriers to Cross-Border Payments Growth With Visa, PayU GPO, Aquanow, Kinesis and Axletree
The Fintech Times
FEBRUARY 28, 2024
Payments are arguably the face of fintech. When you think about financial technology, it is easy to think about solutions which are making payments faster, easier and more accessible. Most cross-border payments are processed on infrastructure provided by correspondent banks.
Cambodia Now Accepts QR Payments from International Travellers via Alipay+
Fintech News
OCTOBER 14, 2024
Cambodia has rolled out the integration of Alipay+ with its national QR code system, KHQR for seamless international payments. More merchants are expected to be progressively added, further expanding payment accessibility in the country.
Cross-Border 142
142 
Cross-Border Real-Time Payments Make Tangible Progress as Over 50% Consumers Use Them, Says GlobalData
Fintech Finance
JULY 12, 2024
Cross-border payments are becoming increasingly important to international economies. The G20 roadmap for enhanced cross-border payments aims to improve the speed, access, transparency, and cost of international payments by 2030.
Cross-Border 115
115 
Bank of America upgrades improve international payment transparency
Payments Source
DECEMBER 10, 2020
Bank of America has launched a cross-border payment tracker through its Swift GPI module that allows clients real-time visibility into their international payments.
Payoneer Launches Global Cross-Border Payments Capabilities
PYMNTS
SEPTEMBER 8, 2020
Digital payments platform Payoneer is working to expand its services globally with the launch of its new Payoneer for Banks, which will aim to let more financial institutions aid businesses with cross-border payments, according to a Tuesday (Sept. 8) press release.
Cutting Through The Cross-Border Payments Confusion
PYMNTS
DECEMBER 1, 2020
The world doesn’t lack for stories about cross-border payments gone wrong. In some examples, by the time the money went through all the byzantine steps that have historically made up the cross-border payments process, only about $4 worth of spendable value actually arrived. COVID-19’s Big Push .
Qonto Announces Partnership With Wise Platform to Bring Faster, Cheaper and More Convenient International Payments to Its Customers
Fintech Finance
JUNE 26, 2024
The first is a new strategic partnership with Wise Platform , Wise’s market-leading global infrastructure for banks and enterprises, to further enhance Qonto’s cross-border payment capabilities. Faster payments: Over 60% of Wise’s transfers are settled instantly (in 20 seconds or less) and 95% are completed in under one day.
RAKBANK Completes International CBDC Transaction Using eCNY and Digital Dirham
The Fintech Times
SEPTEMBER 11, 2024
Central bank digital currencies (CBDCs) have a lot of potential to uproot the cross-border payments market. The cross-border payment was completed using the Central Bank of the UAE’s (CBUAE) mBridge platform and marks a significant step forward in the international payments market.
CBDC 126
126 
Bank Of America Expands SWIFT gpi, Intros CashPro Cross-Border Payment Tracker
PYMNTS
DECEMBER 10, 2020
Bank of America (BofA) is introducing a cross-border payment tracker and expanding SWIFT gpi to support more than 140 currencies, accessible through the integrated CashPro platform. Customers can make payments via Bank of America’s SWIFT gpi solution. 10) press release. “Our 10) press release. and Ireland at SWIFT. .
Let's personalize your content