Cross Border Payments news and trends

Temenos and Visa Partner to Provide Money Movement Solution to Banks

July 16, 2024
JPMorgan and Standard Charters Back Blockchain Rails Firm Partior’s $60 Million Fund Raise
Investments // July 12, 2024

Partior has raised $60 million in a Series B funding round to add new capabilities and more currencies to its global unified ledger-based interbank rails for real-time clearing and settlement. The company’s infrastructure is used by major banks in financial markets that include London, New...

TerraPay and YeePay Partner on Cross-Border Payment Solutions
Cross-border Payments // July 12, 2024

TerraPay and YeePay have partnered to enhance cross-border payment solutions for customers. The new strategic partnership brings together TerraPay’s global money movement capabilities and YeePay’s enterprise payment services, the companies said in a Monday (July 8) press release. Chen Yu, co-founder of YeePay, said in the release...

Instant Payments Versus Stablecoins: The Race to Rule Real-Time Transactions
Payment Methods // July 11, 2024

The future of money movement is accelerating globally. With real-time payments on the U.S. RTP® Network and in Europe setting new usage records, and awareness of instant payments growing in the U.S. since the launch of the FedNow® Service last July, organizations and observers may...

Sovos CEO Says Government Tax Compliance Mandates Push CFOs to Modernize
Taxes // July 11, 2024

Governments around the world are using mandates to modernize and digitize all manner of activities, including how they collect taxes. To get a sense of the task at hand and its complexity, there are 19,000 taxing jurisdictions making thousands of changes, which has a ripple...

Interviews & Exclusives
Sovos CEO Says Government Tax Compliance Mandates Push CFOs to Modernize

July 11, 2024
Governments around the world are using mandates to modernize and digitize all manner of activities, including how they collect taxes. To get a sense of the task at hand and its complexity, there are 19,000 taxing jurisdictions making thousands of changes, which has a ripple effect across the entire supply chain. “The governments are telling […]

Crypto’s Three Priorities for 2024: Interoperability, Acceptance, Regulation

July 04, 2024
Halfway through 2024, and the cryptocurrency and blockchain space finds itself at a critical juncture.  It is the same critical juncture, or at least one strikingly similar, that the crypto...

PagBrasil Makes Its Move on International Payment Scene

June 24, 2024
Ultimately, it is the behavioral expectations of end-users that drive payments advances forward. And increasingly, what end-users want are streamlined, expedited and intuitive ways to pay for goods and services....

Bank of America: New EU Instant Payments Rules Address Liquidity for Corporates

May 23, 2024
The payments landscape in Europe is poised for a shift as new regulations mandating support for instant payments go into effect in 2025. That’s no guarantee that consumers and businesses...

Quick Reads
Temenos and Visa Partner to Provide Money Movement Solution to Banks

July 16, 2024
Banking software company Temenos has teamed up with Visa to provide the money movement solution Visa Direct to banks. Visa Direct will be integrated with Temenos Payments Hub and made available to banks via Temenos Exchange, the company’s ecosystem of partner solutions, the companies said in a Tuesday (July 16) press release. “By combining Visa […]

JPMorgan and Standard Charters Back Blockchain Rails Firm Partior’s $60 Million Fund Raise

July 12, 2024
Partior has raised $60 million in a Series B funding round to add new capabilities and more currencies to its global unified ledger-based interbank rails for real-time clearing and settlement....

TerraPay and YeePay Partner on Cross-Border Payment Solutions

July 12, 2024
TerraPay and YeePay have partnered to enhance cross-border payment solutions for customers. The new strategic partnership brings together TerraPay’s global money movement capabilities and YeePay’s enterprise payment services, the companies said...

TerraPay and Africa’s enza Form Cross-Border Payments Partnership

July 10, 2024
Africa-focused payments technology firm enza has partnered with money movement company TerraPay. The collaboration, announced Wednesday (July 10), is designed to promote financial inclusion in Africa, the companies said in...