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

Koverly Launches B2B BNPL Platform for International Trade
Koverly Launches B2B BNPL Platform for International Trade
August 22, 2023  |  B2B Payments

Koverly has unveiled its B2B buy now, pay later (BNPL) platform, offering businesses enhanced payment flexibility and reduced foreign exchange (FX) rates. The standout feature of...

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Global B2B Payments Network TreviPay Adds Cross-Currency Feature
Global B2B Payments Network TreviPay Adds Cross-Currency Feature
August 22, 2023  |  B2B Payments

TreviPay has introduced a new feature that enables merchants to process cross-currency transactions for their B2B customers. This development aims to facilitate global business growth and enhance buyer...

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Clara Launches Cross-Border Payments Service in Mexico
Clara Launches Cross-Border Payments Service in Mexico
August 21, 2023  |  Cross-border Payments

FinTech company Clara has reportedly launched a cross-border payments service in Mexico.  The service facilitates international transactions by allowing clients to pay bills in foreign currencies, Reuters reported Monday...

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Aleph Launches Dedicated Unit for Cross-Border Payments and Credit Underwriting
Aleph Launches Dedicated Unit for Cross-Border Payments and Credit Underwriting
August 16, 2023  |  Cross-border Payments

Aleph, a global enabler of digital advertising, has launched Aleph Payments, a dedicated unit aimed at simplifying cross-border payments and credit underwriting. This move comes as...

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Velo Payments Buys YapStone to Form Unified Payment Management System
Velo Payments Buys YapStone to Form Unified Payment Management System
August 16, 2023  |  Acquisitions

Velo Payments is acquiring YapStone, a leading payment processing platform in the short-term and vacation rental industry. The companies have entered into a definitive merger agreement, and...

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Cross-Border Payment Solutions Give Big Lift to Small Business Growth Plans
Cross-Border Payment Solutions Give Big Lift to Small Business Growth Plans
August 16, 2023  |  Cross-border Payments

Small- to medium-sized enterprises (SMEs) help economies across the world go ’round. But despite their significant contributions to global commerce, local SMEs have long been underserved by...

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Ripple Joins BIS Task Force for Cross-Border Payments
Ripple Joins BIS Task Force for Cross-Border Payments
August 11, 2023  |  Payment Methods

Enterprise blockchain and crypto solutions provider Ripple is among the members of a cross-border payments task force recently formed by the Bank for International Settlements (BIS). As part of the cross-border...

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CBDCs’ Relevance Questioned After Canada Casts Skepticism
CBDCs’ Relevance Questioned After Canada Casts Skepticism
August 11, 2023  |  CBDC

It’s a widely reported data point that 93% of central banks are in at least some stage of deploying — or at least exploring —...

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Payoneer Q2: Thinking Globally, Acting Locally Boosts Emerging-Market B2B Payments Growth 40% YoY
Payoneer Q2: Thinking Globally, Acting Locally Boosts Emerging-Market B2B Payments Growth 40% YoY
August 08, 2023  |  B2B Payments

“The export of goods and services is more prevalent, digital and borderless than ever,” Payoneer executives told investors on the company’s second-quarter 2023 earnings call Tuesday...

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