Cross-border Payments

Cross-border Payments
Blockchain Stellar and Payments Platform Nium Team on Payouts in 190 Countries
June 22, 2022

Money movement platform Nium is working alongside the Stellar Development Foundation (SDF) to offer payouts for 190 countries, a press release said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Cross-border Payments
Indian Cross-Border Payments Platform PayGlocal Raises $12M
June 19, 2022

PayGlocal, a payment solutions startup, has raised $12 million in a funding round, according to the Economic Times of India. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Cross-border Payments
4 Key Factors Creating Payments Friction Across MENA
June 19, 2022

A report by the MENA Fintech Association (MFTA) analyzing the landscape of cross-border payments across the region has found that cost, speed, accessibility and transparency are issues creating friction in payments both between MENA countries (intra-MENA) and between MENA countries and the rest of the...

Cross-border Payments
Shoplazza Merchants Now Can Accept Cross Border Payments With Payoneer Checkout
June 01, 2022

Shoplazza merchants will be able to access new direct-to-consumer (D2C) payments acceptance from Payoneer on Shoplazza’s Shopping Cart Software-as-a-Service (SaaS) offering, according to a Wednesday (June 1) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cross-border Payments
The Data Point: 63% of Firms Want to Improve Cross-Border Payments for International Hires
May 31, 2022

For all the harm caused by the pandemic, one bright spot is its impact on hiring, as remote work is now as accepted — if not encouraged — over being in a central office setting. Get the Full Story Complete the form to unlock this article and...

Cross-border Payments
Can Payments-as-a-Service Crack EU’s Cross-Border Payments Complexity?
May 30, 2022

For Europe-based platforms and marketplaces connecting businesses and consumers or business-to-business (B2B) platforms, juggling different payment methods and currencies can be challenging when dealing with customers from all over the world. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Cross-border Payments
The Clearing House Stays on Schedule for ISO 20022 Implementation in Nov. 2023
May 26, 2022

The Clearing House (TCH) has said its clearing and settlement system CHIPS will implement the ISO 20022 message format as planned by November of next year, a press release said Thursday (May 26), which will make cross-border payments and messaging more efficient. Get the Full...

Cross-border Payments
TCH’s Immediate X-Border Payments Pilot Eyes Payroll, Remittances
May 10, 2022

Breathless anticipation of blockchain and central bank digital currencies (CBDCs) aside: There’ll always be a place for the correspondent banking system. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Cross-border Payments
Western Union, SuperGIROS Team on Cross-border Payments in Colombia
May 03, 2022

Western Union and SuperGIROS, part of the Acciones & Valores network, on Tuesday (May 3) teamed up to give Colombians more financial flexibility by adding Western Union’s cross-border global money movement and payments capabilities in every SuperGIROS retail location in the country. Get the Full...