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 166

Cross-Border Payments Cross-Border International Payments Payments 166

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.

Cross-Border Payments 218

Cross-Border Payments Cross-Border SWIFT Payments 218

Finextra

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.

Cross-Border Payments 52

Cross-Border Payments Cross-Border SWIFT Payments 52

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.

Cross-Border Payments 68

Cross-Border Payments Cross-Border Regulatory Compliance Payments 68

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

Cross-Border Payments 88

Cross-Border Payments Cross-Border Facilitators Payments 88

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

Cross-Border Payments 88

Cross-Border Payments Cross-Border Digital Currency Central Bank 88

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.

Cross-Border Payments 88

Cross-Border Payments Cross-Border Payments Economy 88

Finextra

OCTOBER 21, 2024

“The People’s Bank of China (PBoC) will continue to promote healthy development of cross border payment in the principles of openness, cooperation and mutual benefit,” said Lu Lei, deputy governor, The People's Bank of China, during the Sibos’s opening plenary.

Cross-Border Payments 72

Cross-Border Payments Cross-Border Payments Continuity 72

Finextra

OCTOBER 21, 2024

In a FinextraTV interview for Sibos 2024, Chad Wallace, Global Head of Commercial Solutions, and Alan Marquard, Global Head of Transfer Solutions at Mastercard, discuss existing pain points for banks in facilitating commercial cross-border payments, including trapped liquidity and high rates of failed payments.

Cross-Border Payments 59

Cross-Border Payments Cross-Border Transactions Visa 59

Fintech Finance

OCTOBER 14, 2024

The collaboration progresses a strategic relationship the two organisations announced in October 2022, and reflects a commitment by Swift, GSS and the GSS Advisory Board, comprising 35 of the world’s leading financial institutions, to reduce inefficiency in the global payments ecosystem.

Cross-Border Payments 97

Cross-Border Payments Cross-Border SWIFT Innovation 97

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. trillion in consumer spending across channels in 2023.

Cross-Border Payments 106

Cross-Border Payments Cross-Border APACS Interoperability 106

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.

Cross-Border Payments 98

Cross-Border Payments Cross-Border Stablecoins SWIFT 98

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.

Cross-Border Payments 88

Cross-Border Payments Cross-Border Financial Inclusion Blocks 88

Finovate

OCTOBER 21, 2024

Mastercard launched Move Commercial Payments , a real-time cross-border payments solution that operates 24/7. The new commercial payments tool leverages a multi-rail system that includes SWIFT, Visa Direct, and Mastercard’s proprietary networks. with Lloyds Banking Group and UBS.

Cross-Border Payments 52

Cross-Border Payments Cross-Border Visa FedNow 52

Finextra

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.

Cross-Border Payments 59

Cross-Border Payments Cross-Border SWIFT Payments 59

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.

Cross-Border Payments 115

Cross-Border Payments Cross-Border Central Bank Interoperability 115

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.

Cross-Border Payments 98

Cross-Border Payments Cross-Border Payments Agreements 98

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.

Cross-Border Payments 52

Cross-Border Payments Cross-Border SWIFT Message Standards 52

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.

Cross-Border Payments 88

Cross-Border Payments Cross-Border Payments Economy 88

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.

Cross-Border Payments 98

Cross-Border Payments Near Real-Time Cross-Border Settlement 98

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

Cross-Border Payments 88

Cross-Border Payments Cross-Border Innovation Payments 88

Finextra

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.

Near Real-Time 52

Near Real-Time Cross-Border Payments Cross-Border Visa 52

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?

Cross-Border Payments 218

Cross-Border Payments Cross-Border Blockchain Payments 218

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.

Cross-Border Payments 87

Cross-Border Payments Cross-Border Multi-Currency Interoperability 87

Fintech News

APRIL 11, 2024

In the Asia-Pacific (APAC) region, the economic growth narrative is interwoven with technological innovation, propelling the B2B payments market into new realms of possibility. These diverse payment modalities symbolise businesses’ dynamic strategies to navigate the varied financial terrains across the Asia-Pacific region.

Cross-Border Payments 117

Cross-Border Payments Cross-Border APACS Payments 117

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.

Cross-Border Payments 98

Cross-Border Payments Cross-Border SARS Alternative Payment Methods 98

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

ISO 20022 88

ISO 20022 Cross-Border Payments Cross-Border Fraud Prevention 88

The Fintech Times

FEBRUARY 26, 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. With so many countries looking towards centralised digital assets, we set out to find out how these would impact the cross-border payments market.

Cross-Border Payments 145

Cross-Border Payments Cross-Border Digital Currency Central Bank 145

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. He noted that MAS has established real-time payment linkages with India, Malaysia, and Thailand for low-value payments.

Cross-Border Payments 106

Cross-Border Payments Cross-Border Scams Transaction Limits 106

Finextra

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.

Cross-Border Payments 52

Cross-Border Payments Cross-Border Payments 52

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.

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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.

Cross-Border Payments 167

Cross-Border Payments Cross-Border FedNow Payments 167

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.

Cross-Border Payments 113

Cross-Border Payments Cross-Border Central Bank Settlement 113

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.

Cross-Border Payments 147

Cross-Border Payments Cross-Border SWIFT Payments 147

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.

Cross-Border Payments 88

Cross-Border Payments Cross-Border Payments Process 88

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 116

Cross-Border Payments Cross-Border Interoperability Payments 116

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.

Near Real-Time 84

Near Real-Time Cross-Border Payments Cross-Border Payments 84