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

Citi Debuts Blockchain Solution for Foreign Exchange Trades
Citi Debuts Blockchain Solution for Foreign Exchange Trades
November 15, 2023  |  Blockchain

Citi has created an application that uses blockchain to execute foreign exchange (FX) trades. The new tool, announced Wednesday (Nov. 14), employs blockchain infrastructure to price and perform...

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Statrys Adds SWIFT Payment Tracking to Financial Platform
Statrys Adds SWIFT Payment Tracking to Financial Platform
November 15, 2023  |  Cross Border Commerce

Statrys, a financial platform for corporates and business owners, has introduced its SWIFT Payment Tracking feature to enhance global business transactions. This tool allows real-time...

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Mangopay Adds Foreign Exchange Solution for Marketplaces and Platforms 
Mangopay Adds Foreign Exchange Solution for Marketplaces and Platforms 
November 15, 2023  |  Cross-border Payments

Mangopay, a payment infrastructure provider for marketplaces and platforms, has launched an end-to-end foreign exchange (FX) solution that aims to expand its cross-border capabilities and support clients’...

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Diversifying Supply Chains Drives Demand for B2B Payments Choice
Diversifying Supply Chains Drives Demand for B2B Payments Choice
November 13, 2023  |  B2B Payments

In this environment of “higher for longer” interest rates, chief financial officers recognize the need to prioritize payments innovation. As Bank of America Head of...

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Agoda and Wise Add Payment Options to Travel Platform
Agoda and Wise Add Payment Options to Travel Platform
November 10, 2023  |  Travel Payments

Agoda, a digital travel platform, has partnered with Wise Platform to provide more payment options for travelers worldwide. Wise Platform, which is Wise’s infrastructure solution...

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Jeeves and Bexs Partner on Cross-Border B2B Payments in Brazil
Jeeves and Bexs Partner on Cross-Border B2B Payments in Brazil
November 09, 2023  |  Partnerships

Jeeves and Bexs have partnered to launch a fully digital platform for cross-border business payments out of Brazil. With the collaboration, Jeeves makes it easier...

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Visa Completes Pilot Test of CBDC in Hong Kong
Visa Completes Pilot Test of CBDC in Hong Kong
November 02, 2023  |  CBDC

Visa, in collaboration with HSBC and Hang Seng Bank, has successfully completed a pilot test in Hong Kong to study tokenized deposits using central bank digital currencies (CBDCs)....

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Paysend and Western Union Partner on Cross-Border Money Transfer Services
Paysend and Western Union Partner on Cross-Border Money Transfer Services
October 30, 2023  |  Cross-border Payments

Paysend, a card-to-card and international payments platform, and Western Union, a provider of cross-border money movement and payment services, have partnered on cross-border money transfer services....

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Private Sector and Messaging Standards Target Cross-Border Interoperability Challenges
Private Sector and Messaging Standards Target Cross-Border Interoperability Challenges
October 30, 2023  |  Cross-border Payments

As faster payments schemes take shape around the globe — in the U.S., the FedNow® Service is the latest example — realizing the full potential...

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