Cross Border Payments

Showing Latest Cross Border Payments

Citi Opens Multi-Market Instant Payments Through Swift and WorldLink

06 Oct 26 @ 17:06

Citi has launched multi-market instant payments through Swift, allowing bank clients to reach several domestic real-time payment systems through a single account structure and existing Swift connectivity. The service is... read more

European Payments Groups Unite to Build Cross-Border Rival to Visa and Mastercard

05 Oct 26 @ 06:36

Some of Europe’s largest domestic payment schemes are joining forces to create a new cross-border network designed to reduce the continent’s reliance on US-controlled card infrastructure. Bancomat, Bizum, the European... read more

Swift links Pix, Bizum and PayID to bring Pay-by-Alias to Cross-Border Payments

29 Sep 26 @ 20:08

Swift is taking aim at one of the most persistent frustrations in international payments: the need for consumers to enter unfamiliar account details when sending money abroad. The messaging network... read more

Mambu and Mastercard team up to simplify Cross-Border Payments for Banks

29 Sep 26 @ 20:07

Mambu and Mastercard have formed a strategic partnership designed to make it easier for banks to launch and scale cross-border payment services without undertaking complex infrastructure projects. Under the agreement,... read more

Inside A7: How Russia built a parallel cross-border payments network

24 Sep 26 @ 16:29

Russia’s attempts to circumvent Western financial sanctions have developed into a sophisticated parallel payments architecture combining traditional banking, front companies, commodity revenues, promissory notes and stablecoins. A Financial Times investigation... read more

US Bank tests its own Stablecoin for Cross-Border Payments

10 Sep 26 @ 15:44

US Bank has completed a live cross-border transaction using its own dollar-backed stablecoin, becoming one of the latest major lenders to test whether blockchain technology can improve the movement of... read more

ECB and Brazil explore cross-border link between TIPS and Pix

06 Sep 26 @ 19:32

The European Central Bank and Banco Central do Brasil are examining whether Europe’s TIPS instant-payment infrastructure could be connected with Brazil’s hugely successful Pix network, potentially creating a new real-time... read more

TerraPay and Deutsche Bank expand cross-border payments

20 Aug 26 @ 16:26

TerraPay has struck a collaboration with Deutsche Bank designed to strengthen its global settlement infrastructure and improve the speed and reliability of cross-border payment flows. The agreement will give TerraPay... read more

One Counterparty, One Audit Trail: FinchTrade’s Case Against the Correspondent Banking Chain

29 Jul 26 @ 17:56

ZUG, Switzerland — July 28, 2026 — It’s well known that a cross-border payment goes through a chain of correspondent banks before arriving to the receiver. Every link adds the... read more

Mastercard and Backbase join forces to enhance payments

16 Jun 26 @ 18:16

Mastercard and Backbase have announced a strategic partnership aimed at helping banks modernise international payments, integrating Mastercard Move into Backbase’s AI-native Banking Operating System to enable faster, more transparent and... read more

FedNow edges towards a cross-border role

16 Apr 26 @ 11:46

The US Federal Reserve has taken a potentially significant step towards extending FedNow beyond purely domestic payments. By opening a 60-day consultation on proposed amendments to Regulation J, the central... read more

China pushes CIPS to compete with Western payment networks

31 Mar 26 @ 19:07

China is intensifying efforts to position its Cross-Border Interbank Payment System, or CIPS, as a more credible alternative to the Western-dominated architecture that has long underpinned international payments. The move... read more

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ECB brings Central Bank money to tokenised market

23 Sep 26 @ 14:34

The European Central Bank has taken a significant step towards integrating distributed ledger technology with Europe’s core financial infrastructure, launchin... more

Inside A7: How Russia built a parallel cross-border payments network

24 Sep 26 @ 16:29

Russia’s attempts to circumvent Western financial sanctions have developed into a sophisticated parallel payments architecture combining traditional banking, ... more

Global Banks set ground rules for Agentic Commerce as Fraud and Liability risks rise

27 Sep 26 @ 18:53

Six major banks have joined forces to establish principles for trusted agentic commerce, warning that the rapid adoption of AI shopping agents could outpace exi... more