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

Qolo, moneycorp Integrate For Foreign Exchange B2B Payment Solution

Qolo, moneycorp Integrate For Foreign Exchange B2B Payment Solution
Qolo, moneycorp Integrate For Foreign Exchange B2B Payment Solution
July 30, 2020  |  B2B Payments

B2B payments hub Qolo is integrating with international payment company moneycorp in order to offer a new foreign exchange payments solution to help businesses access...

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Bank Of China Advises Country’s Banks To Avoid SWIFT Messaging
Bank Of China Advises Country’s Banks To Avoid SWIFT Messaging
July 29, 2020  |  Cross-border Payments

With the economic and political battles between the U.S. and China heating to a boil, one of China’s top banks is urging financial institutions (FIs)...

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Visa Sees Gains In Online and Contactless Transactions In Q2
Visa Sees Gains In Online and Contactless Transactions In Q2
July 29, 2020  |  VISA

Visa reported Tuesday (July 28) that its second-quarter results suffered from plummeting consumer spending amid COVID-19, although the pandemic did boost online spending and contactless...

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EMQ Closes Funding Round With $20M For Cross-Border Tech
EMQ Closes Funding Round With $20M For Cross-Border Tech
July 28, 2020  |  B2B Payments

Asia-based financial settlements network EMQ, which works in cross-border payments, has announced the close of a $20 million Series B funding round led by WI...

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Today In Payments: Amazon Expands Grocery Delivery In UK; Mastercard To Improve Business Payments In China
Today In Payments: Amazon Expands Grocery Delivery In UK; Mastercard To Improve Business Payments In...
July 28, 2020  |  News

In today’s top news, Amazon will expand its Amazon Fresh delivery service in the U.K., and Mastercard and the Bank of Shanghai have expanded cross-border...

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Fiverr On Fostering Trust Across Global Freelancing Marketplaces
Fiverr On Fostering Trust Across Global Freelancing Marketplaces
July 27, 2020  |  Exclusive Series

Work from home opens the virtual doors for gig workers and employers in need of help, including beyond their national borders. Shany Malbin, director of...

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Why Collaboration Is Credit Unions’ Payments Innovation Advantage
Why Collaboration Is Credit Unions’ Payments Innovation Advantage
July 24, 2020  |  B2B Payments

One of the biggest differences between a bank and a credit union (CU) is that unlike a for-profit bank, a CU is owned by its...

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New Report: Solving Gig Platforms Cross-Border Payments And Compliance Complexities
New Report: Solving Gig Platforms Cross-Border Payments And Compliance Complexities
July 24, 2020  |  Exclusive Series

The eCommerce marketplaces have been a lifeline for businesses and consumers who want to transact under stay-at-home orders and while safely social distancing. These marketplaces...

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