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. Users in the U.S. Users in the U.S.

Cross-Border Payments 98

Cross-Border Payments Cross-Border Payments Agreements 98

Fintech Finance

OCTOBER 8, 2024

Initially focused on the Italian market, this partnership will enable businesses to access a unified platform that streamlines payment processes, reduce operational costs, and ensure compliance with regulatory requirements. With TerraPay’s extensive global network spanning 7.5 billion bank accounts, 12 billion cards and 2.4

Cross-Border Payments 103

Cross-Border Payments Cross-Border Innovation Money Laundering 103

Finextra

OCTOBER 21, 2024

The Financial Stability Board (FSB) today published (i) a consolidated progress report for 2024 reporting on a broad range of actions being progressed as part of the G20 Roadmap for Enhancing Cross-Border Payments; (ii) a progress report on the implementation of the Legal Entity Identifier (LEI); and (iii) an annual progress report on meeting the improved (..)

Cross-Border Payments 59

Cross-Border Payments Cross-Border Legal Payments 59

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

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

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

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

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

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

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

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

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.

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Cross-Border Payments Cross-Border Central Bank Interoperability 115

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

Finovate

SEPTEMBER 27, 2024

PayPal is launching its PayPal Complete Payments platform in China, offering seamless cross-border payment solutions. Canada, and Europe, helps merchants settle funds quickly and manage international payments. ” The California-based company is launching PayPal Complete Payments in China this week.

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Cross-Border PayPal Facilitators Cross-Border Payments 105

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

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

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

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.

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

SEPTEMBER 12, 2024

The partnership is focused on enhancing cross-border payment services for e-commerce merchants in APAC. Unlimit’s global payment portfolio consists of 1,000+ directly integrated payment methods and local acquiring licenses operating across 5 continents. significant surge in import-export volume in 2023.

Cross-Border Payments 98

Cross-Border Payments Cross-Border APACS Payments 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

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

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

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 140

Cross-Border Real Time Payments Cross-Border Payments Cross-Border Settlement 140

Finextra

OCTOBER 14, 2024

Russia is pushing for the creation of a new cross-border payment system for Brics countries as part of a scheme that would help the country to evade financial sanctions and reduce its reliance on the US dollar.

Cross-Border 98

Cross-Border Cross-Border Payments SWIFT Payments 98

Finextra

OCTOBER 10, 2024

Citi is working with Mastercard to enable clients to make real-time cross-border payments to debit cards.

Cross-Border 83

Cross-Border Debit Card Cross-Border Payments Visa 83

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

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

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 Finance

OCTOBER 21, 2024

Over the past year Wise Platform , Wise’s global payments infrastructure for banks, financial institutions and larger enterprises, has further enhanced its product suite for partners and significantly expanded its global regulatory footprint.

Cross-Border 72

Cross-Border Global Payments Cross-Border Payments Multi-Currency 72

Fintech Finance

OCTOBER 10, 2024

Alipay+ , Ant International’s cross-border mobile payment and digitalization solution, revealed three trends shaping the future of tourism to the benefit of global merchants and the industry. By using Alipay+, cross-border travelers can experience a new country or market and pay like a local.

Cross-Border 97

Cross-Border Transactions Digital Payments Technology 97

The Paypers

OCTOBER 15, 2024

The National Bank of Cambodia (NBC) and Ant International have officially launched cross-border QR code payments.

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Cross-Border Payments 67