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

Today In Payments: Cross-Border Payments Network Thunes Raises $60M; Klarna Debuts Social Shopping In UK

Today In Payments: Cross-Border Payments Network Thunes Raises $60M; Klarna Debuts Social Shopping In UK
Today In Payments: Cross-Border Payments Network Thunes Raises $60M; Klarna Debuts Social Shopping In UK
September 08, 2020  |  News

In today’s top news, B2B cross-border payments network Thunes raised $60 million, and Klarna debuted a redesigned app for its U.K. users. Plus, Epic Games...

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B2B Cross-Border Payments Network Thunes Raises $60M
B2B Cross-Border Payments Network Thunes Raises $60M
September 08, 2020  |  Investments

Thunes, the FinTech startup which operates a global cross-border payments network for emerging economies, announced Tuesday (Sept. 8) that it raised $60 million in Series...

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TransferMate Gets Approval For Mexico License
TransferMate Gets Approval For Mexico License
September 03, 2020  |  Cross-border Payments

Business-to-business (B2B) cross-border payment provider TransferMate received the green light for a new payment license in Mexico, according to a Thursday (Sept. 3) announcement. Get...

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Cornerstone To Buy FXPress, Boost SMB Payment Services
Cornerstone To Buy FXPress, Boost SMB Payment Services
September 01, 2020  |  B2B Payments

Cornerstone Brands plans to acquire payments processor FXPress in a deal that also includes a sale of the existing Cornerstone business and restructuring of capital,...

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Mexico Receives $3.53B In Remittances In July, Third Highest On Record
Mexico Receives $3.53B In Remittances In July, Third Highest On Record
September 01, 2020  |  Cross-border Payments

Mexico obtained $3.53 billion in remittances in July to reach the third-highest point recorded, marking a rise of over 7 percent from $3.29 billion in...

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How AP Teams Can Protect Independent Contractor Payouts From Fraud
How AP Teams Can Protect Independent Contractor Payouts From Fraud
September 01, 2020  |  CFO

For language-services providers, working with a wide network of translators isn't without its challenges. Invoices too often get duplicated and take a bite out of...

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Meeting The Payments Needs Of Cross-Border Gig Workers
Meeting The Payments Needs Of Cross-Border Gig Workers
August 31, 2020  |  Gig Economy

Even before the pandemic upended the ways we live and work, the workforce itself was shifting, marked by the rapid expansion of the gig economy....

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Contis, Currencycloud Partner On Cross-Border B2B Payments
Contis, Currencycloud Partner On Cross-Border B2B Payments
August 26, 2020  |  B2B Payments

Contis, a payments solutions platform, announced a partnership with Currencycloud in a bid to offer international payments for 1 million accounts, according to a press...

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