Cross Border Payments/page/2 news and trends

Navigating the Future of B2B: Collaboration, Innovation and Risk Management

November 08, 2024
Navigating the Future of B2B: Collaboration, Innovation, Security
Mastercard: Building Trust Into the Blockchain Unlocks Its Cross-Border Potential
Blockchain // November 08, 2024

Until recently, blockchain’s potential impact within payments and commerce has been, well, somewhat blocked. But increasingly, financial service giants are turning their attention to unlocking the potential of blockchain platforms as the technology continues to mature and evolve how value moves across the globe. “Blockchain...

JPMorgan to Integrate On-Chain FX Settlement into Kinexys Blockchain Platform
Blockchain // November 06, 2024

J.P. Morgan has announced a significant enhancement to its blockchain platform, recently rebranded from Onyx to Kinexys. The bank will integrate Kinexys Digital Payments with J.P. Morgan FX Services, enabling on-chain FX settlement. This move positions Kinexys as a key player in the landscape of...

Visa and Mastercard Earnings Shine Spotlight on B2B Innovations
B2B Payments // November 01, 2024

For the payment networks, the continued shift beyond consumer cards has trillions of dollars’ worth of B2B transactions firmly in sight. And, as spotlighted in Visa and Mastercard’s most recent earnings calls, cross-border payments, small and medium-sized business (SMB) transactions, virtual cards and even the...

Mastercard: Contactless Payments Now 70% of Face-to-Face Transactions
Mastercard // October 31, 2024

Mastercard’s third-quarter earnings results demonstrated that consumers are still spending, and sentiment is healthy amid a resilient labor market and the Federal Reserve’s September cuts to interest rates. CEO Michael Miebach said on a conference call with analysts: “On Halloween, well, there’s nothing spooky here.”...

Interviews & Exclusives
Navigating the Future of B2B: Collaboration, Innovation and Risk Management

November 08, 2024
Teamwork makes the dream work, especially when that dream is better B2B payments. With FinTech innovators increasingly pairing up with secure and reliable financial institutions, the future looks bright. Tribh Grewal, head of FinTech partnerships at Discover® Global Network, and Jonathan Vaux, head of propositions and partnerships at Thredd, discussed with PYMNTS how FinTechs and […]

Mastercard: Building Trust Into the Blockchain Unlocks Its Cross-Border Potential

November 08, 2024
Until recently, blockchain’s potential impact within payments and commerce has been, well, somewhat blocked. But increasingly, financial service giants are turning their attention to unlocking the potential of blockchain platforms...

Account Verification Becomes Critical Factor in Cross-Border Payments

October 28, 2024
Money movement across borders promises to speed the flow of funds between consumers and corporations if done digitally. But commerce is marked by complexity and the specter of fraud on...

The Rising Stakes of Reliable Payments: How Testing Powers Technology

October 28, 2024
In the financial world, nothing is more critical than getting payments right. A simple error or untested integration can turn transactions into a logistical nightmare. In a global economy where...

Quick Reads
JPMorgan to Integrate On-Chain FX Settlement into Kinexys Blockchain Platform

November 06, 2024
J.P. Morgan has announced a significant enhancement to its blockchain platform, recently rebranded from Onyx to Kinexys. The bank will integrate Kinexys Digital Payments with J.P. Morgan FX Services, enabling on-chain FX settlement. This move positions Kinexys as a key player in the landscape of digital cross-border payments and foreign exchange. Initially supporting USD and […]

Circle Teams With Thunes on Stablecoin Liquidity Management

October 29, 2024
Money movement platform Thunes has launched a partnership with stablecoin issuer Circle. The collaboration is designed to “accelerate innovation in stablecoin liquidity management,” letting members of Thunes’ Direct Global Network to fund and execute...

BIS: Regulatory Compliance Can Be Embedded in Cross-Border Protocols

October 29, 2024
The Bank for International Settlements (BIS) says it has demonstrated that regulatory compliance can be embedded in cross-border transaction protocols. BIS announced Tuesday (Oct. 29) it made this discovery when working on its...

Viably and Airwallex Launch Cross-Border Payment Solution for eCommerce Businesses

October 29, 2024
Viably and Airwallex have partnered on a solution that enables eCommerce businesses to simplify cross-border transactions and manage multiple currencies in a single account. The Viably Global Account, powered by...