cross-border payments

Cross-border payment is a term referring to transactions involving individuals, companies, banks or settlement institutions operating in at least two different countries.

Source: kantox.com

Will JPMorgan Help Spark Pan-European Network Buildout a Decade After Monnet?
Will JPMorgan Help Spark Pan-European Network Buildout a Decade After Monnet?
March 06, 2024  |  Payment Methods

In the bid to build out a pan-European card network, will it be different this time? More than a decade ago, the Monnet Project Association,...

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Visa and Western Union Expand Cross-Border Payment Agreement
Visa and Western Union Expand Cross-Border Payment Agreement
March 05, 2024  |  VISA

Visa and Western Union have formed a new agreement centered on cross-border payments. The expanded partnership, announced Tuesday (March 5), lets Western Union customers send money to loved ones, Visa...

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The Ten Second Rule: EU Mandates Instant Payments Availability
The Ten Second Rule: EU Mandates Instant Payments Availability
March 01, 2024  |  Real-Time Payments

Real-time payment systems continue to see strong usage worldwide. One of the most significant developments is the European Council’s new rule to enable instant payments...

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G20 Lays Out Cross-Border Payments Roadmap
G20 Lays Out Cross-Border Payments Roadmap
February 29, 2024  |  Cross-border Payments

In 2020, the G20 leaders endorsed a roadmap to improve cross-border payments experiences and infrastructure.  The goal was to make cross-border payments cheaper, faster, more transparent, and...

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Payoneer Merchant Services Grows 400% as Small Businesses Sell Globally
Payoneer Merchant Services Grows 400% as Small Businesses Sell Globally
February 28, 2024  |  Earnings

Demand for B2B and merchant services drove Payoneer’s volume growth in 2023. The small- to medium-sized business (SMB)-focused FinTech company’s B2B volume rose 13% and its...

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Brazil’s Central Bank Promotes Pix as Cross-Border Payment Solution
Brazil’s Central Bank Promotes Pix as Cross-Border Payment Solution
February 27, 2024  |  Cross-border Payments

Brazil’s central bank is reportedly looking to take the country’s instant-payment system, Pix, to the global stage. With policymakers from the Group of 20 nations...

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Coinsilium to Advise LC Lite on Launch of Token
Coinsilium to Advise LC Lite on Launch of Token
February 23, 2024  |  Partnerships

Web3 advisor, venture builder and investor Coinsilium Group teamed up with global trade exchange platform LC Lite. The partnership will see Coinsilium providing strategic advisory...

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CAB Payments Appoints Vanquis Banking Veteran Neeraj Kapur as CEO
CAB Payments Appoints Vanquis Banking Veteran Neeraj Kapur as CEO
February 23, 2024  |  Personnel

CAB Payments announced a CEO transition, with Neeraj Kapur set to succeed Bhairav Trivedi March 26. Trivedi, who has been CEO for three years, will...

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Numeral Expands Payment Infrastructure to Include Support for Swift
Numeral Expands Payment Infrastructure to Include Support for Swift
February 22, 2024  |  Cross-border Payments

Payment technology provider Numeral has launched support for Swift payments. This move enables Numeral’s customers to benefit from both Swift’s global reach and local payment schemes’ speed, lower cost...

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