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

Pitney Bowes Takes Rue La La Goods Global
Pitney Bowes Takes Rue La La Goods Global
October 19, 2016  |  Retail

Global technology company Pitney Bowes announced Tuesday (Oct. 18) that it will power a globally optimized eCommerce site for retailer Rue La La as part of...

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Fed To Take A Stance On Blockchain
Fed To Take A Stance On Blockchain
October 12, 2016  |  B2B Payments

Amid all of the industry stakeholders — banks, FinTech startups and advisors — discussing the potential of blockchain, perhaps the biggest one is ready to...

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The Other Cross-Border Payments Risk
The Other Cross-Border Payments Risk
October 11, 2016  |  Cross Border Commerce

Nearly half of all SMEs say that they will increase their international business. When that happens, they say that their biggest fear isn’t fraud or...

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Massive Funding Rounds, And Record-Setting IPOs Ahead
Massive Funding Rounds, And Record-Setting IPOs Ahead
October 07, 2016  |  B2B Payments

This week, B2B FinTech players saw some of the largest deals this year, injecting renewed confidence in the space. There may have only been four...

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SWIFT Stands Behind Its Global Payments Innovation Initiative
SWIFT Stands Behind Its Global Payments Innovation Initiative
October 06, 2016  |  B2B Payments

SWIFT’s year has been filled with controversy, the apex of which occurred when reports surfaced that cyberthieves infiltrated Bangladesh Bank via the SWIFT messaging system in...

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Speed, Reliability Of B2B Payments Take A Turn For The Worse
Speed, Reliability Of B2B Payments Take A Turn For The Worse
October 04, 2016  |  B2B Payments

Late payments are a problem, but just how big is the issue? The latest analysis from Atradius made some troublesome conclusions: The outlook for the...

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Standard Chartered Completes Cross-Border Payment In Less Than 10 Seconds
Standard Chartered Completes Cross-Border Payment In Less Than 10 Seconds
September 29, 2016  |  Blockchain / Distributed Ledger

Standard Chartered announced on Wednesday (Sept. 28) the completion of the first real-time cross-border payment for businesses with another major correspondent bank. The move is...

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Microsoft, Bank of America Get Serious On Blockchain Trade Finance
Microsoft, Bank of America Get Serious On Blockchain Trade Finance
September 28, 2016  |  B2B Payments

Distributed ledger technologies, like blockchain, are now eyed with potential to overhaul not just payments, but transactions that require data to move along with money....

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PayCommerce Bank Consortium Targets Instant Global Settlement
PayCommerce Bank Consortium Targets Instant Global Settlement
September 27, 2016  |  B2B Payments

FinTech firm PayCommerce announced the rollout of its international payment, clearing and settlement program, offering financial institutions instant settlement even for cross-border payments. Get the...

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