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

Euro, Dollar Clearing Agencies Prep for Real-Time Transatlantic Payments

Euro, Dollar Clearing Agencies Prep for Real-Time Transatlantic Payments
Euro, Dollar Clearing Agencies Prep for Real-Time Transatlantic Payments
October 06, 2022  |  Cross-border Payments

The Clearing House (TCH), EBA CLEARING and SWIFT are on track to begin piloting their transatlantic instant payment system known as Immediate Cross-Border Payments (IXB),...

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SWIFT Claims Cross-Border CBDC Success; ECB Wants Settlement Control
SWIFT Claims Cross-Border CBDC Success; ECB Wants Settlement Control
October 06, 2022  |  CBDC

Financial messaging system SWIFT said that it has solved one of the thorniest problems central bank digital currency (CBDC) developers have been wrestling with: How...

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Tempo France, Orokii Team to Open Remittance Corridor
Tempo France, Orokii Team to Open Remittance Corridor
October 05, 2022  |  B2B Payments

Money transfer companies Tempo France and Orokii have opened a remittance corridor between the U.S., 27 European Union countries, the Philippines and Ukraine. Get the...

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Has SWIFT Beaten Crypto to Punch on Cross-Border Payments Interoperability?
Has SWIFT Beaten Crypto to Punch on Cross-Border Payments Interoperability?
October 05, 2022  |  Cross-border Payments

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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SWIFT Shapes Global CBDC Framework Following 8-Month Study
SWIFT Shapes Global CBDC Framework Following 8-Month Study
October 05, 2022  |  CBDC

A study analyzing the international use of central bank digital currencies (CBDCs) and the underlying distributed ledger technologies (DLTs) shows promise for cross-border interoperability among...

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Roxe, Motoverse Partner on X-Border Remittance Payments
Roxe, Motoverse Partner on X-Border Remittance Payments
October 04, 2022  |  B2B Payments

Blockchain payments and digital commerce company Roxe has partnered with global remittance company Motoverse to ease cross-border remittance payments for clients in Mexico, Brazil, Vietnam...

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CFPB Accuses Choice Money Transfer of Violating Remittance Rules
CFPB Accuses Choice Money Transfer of Violating Remittance Rules
October 04, 2022  |  Legal & Regulation

The Consumer Financial Protection Bureau (CFPB) is taking action against Choice Money Transfer, accusing it of multiple violations of money transfer laws. Get the Full...

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MoneyGram Powers Remittances for UAE’s Jingle Pay App
MoneyGram Powers Remittances for UAE’s Jingle Pay App
October 04, 2022  |  Cross-border Payments

Money transfer service businesses MoneyGram International and Jingle Pay announced a partnership Tuesday (Oct. 4) to enable global money transfers through the Jingle Pay app....

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