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

Paysend Raises $65 Million and Teams With TelevisaUnivision
Paysend Raises $65 Million and Teams With TelevisaUnivision
November 29, 2023  |  Investments

Money transfer FinTech Paysend has raised $65 million in a new funding round. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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IMF, World Bank and BIS Collaborating on Uses of Tokenization
IMF, World Bank and BIS Collaborating on Uses of Tokenization
November 28, 2023  |  Payments Innovation

The International Monetary Fund (IMF), the World Bank and the Bank for International Settlements (BIS) have reportedly joined forces to explore the concept of tokenization. Get the Full Story Complete the...

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Virtual Card Solutions Make Digital Payments Better for African Travelers
Virtual Card Solutions Make Digital Payments Better for African Travelers
November 27, 2023  |  Travel Payments

Digital payments have reshaped the way travelers manage money, rendering the traditional reliance on cash or traveler’s checks a thing of the past. Today, it’s...

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How the Cloud Streamlines Cross-Border B2B Payments
How the Cloud Streamlines Cross-Border B2B Payments
November 22, 2023  |  B2B Payments

Cloud-based innovations are at the forefront of leveling the playing field for international commercial transactions. Get the Full Story Complete the form to unlock this...

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Mastercard Joint Venture Gets Approval for Domestic Bank Card Clearing in China
Mastercard Joint Venture Gets Approval for Domestic Bank Card Clearing in China
November 20, 2023  |  Mastercard

A Mastercard joint venture (JV) entity received formal approval from the People’s Bank of China (PBOC) and the National Administration of Financial Regulation (NAFR) to...

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Visa and Remitly Expand Collaboration to Digitally Streamline Global Remittance Market
Visa and Remitly Expand Collaboration to Digitally Streamline Global Remittance Market
November 20, 2023  |  Cross-border Payments

Yanilsa Gonzalez-Ore, North America Head of Visa Direct and Global Ecosystem Readiness, and Remitly’s CEO Matt Oppenheimer told PYMNTS cross-border money transfers are ripe for...

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Liquidity Management Key to Taming FX Volatility in Emerging Markets
Liquidity Management Key to Taming FX Volatility in Emerging Markets
November 20, 2023  |  Cross-border Payments

Compared to the global standard of five to six hubs, moving money between Nigeria and China or Singapore can require navigating through up to 16...

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Collaboration Creates Network Effects That Transform B2B Payments
Collaboration Creates Network Effects That Transform B2B Payments
November 17, 2023  |  B2B Payments

Innovation in payments is a continuum, with incremental to transformational — and even disruptive — results. Get the Full Story Complete the form to unlock...

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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. Get the Full Story Complete the form to unlock this article and...

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