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

SWIFT To Create New Cross-Border Real-Time Rails

SWIFT To Create New Cross-Border Real-Time Rails
SWIFT To Create New Cross-Border Real-Time Rails
September 17, 2020  |  Cross-border Payments

SWIFT, a global provider of secure financial messaging services, announced Wednesday (Sept. 16) that its cross-border platform will be retooled to enable financial institutions to...

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Flywire, Mastercard Team On Cross-Border Tuition Payments
Flywire, Mastercard Team On Cross-Border Tuition Payments
September 17, 2020  |  Cross-border Payments

Flywire will work with Mastercard to provide discounted foreign exchange rates on cross-border tuition payments for students, according to a press release emailed to PYMNTS....

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Veem Ends Funding Round With $31M
Veem Ends Funding Round With $31M
September 16, 2020  |  B2B Payments

Global payments network Veem has closed a funding round with $31 million in new capital, a press release says. Get the Full Story Complete the...

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Open Banking Tie-Ups Challenge SMB Banking Incumbents
Open Banking Tie-Ups Challenge SMB Banking Incumbents
September 16, 2020  |  B2B Payments

PSD2 and open banking regulations were forged to accelerate competition in the financial services arena, and this week, a look at the latest initiatives reveals...

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Liberia’s Lonestar Cell, WorldRemit Team On Cross-Border Remittances
Liberia’s Lonestar Cell, WorldRemit Team On Cross-Border Remittances
September 14, 2020  |  Cross-border Payments

Liberia-based mobile financial services firm Lonestar Cell is partnering with WorldRemit to offer customers mobile remittances straight to their Lonestar Cell MTN Mobile Money (MoMo)...

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Venture Capitalists Revive Faith In B2B FinTech Startups
Venture Capitalists Revive Faith In B2B FinTech Startups
September 11, 2020  |  B2B Payments

B2B FinTech venture capital funding has been slow in recent weeks amid an environment in which investors overall are feeling hesitant. Get the Full Story...

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Banking Circle Debuts B2B Payments On Behalf Of Customers
Banking Circle Debuts B2B Payments On Behalf Of Customers
September 09, 2020  |  B2B Payments

For customers of Banking Circle, new services for transparent payments and collections are now available under the customers’ names both locally and across borders, according...

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Payoneer Launches Global Cross-Border Payments Capabilities
Payoneer Launches Global Cross-Border Payments Capabilities
September 08, 2020  |  B2B Payments

Digital payments platform Payoneer is working to expand its services globally with the launch of its new Payoneer for Banks, which will aim to let...

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