Cross Border Payments

23 Apr 25 @ 16:51

A new phase in the evolution of global real-time, cross-border payments is underway, as five central banks behind Project Nexus — a Bank for International Settlements (BIS) initiative — launch... read more

31 Mar 25 @ 12:39

A landmark stride in European payments infrastructure has been achieved as Italy’s Bancomat, Spain’s Bizum, and Portugal’s MB WAY initiate cross-border mobile transfers under the EuroPA (European Payments Alliance) umbrella.... read more

28 Mar 25 @ 08:00

While global e-commerce continues its rapid expansion — projected to hit $32.9 trillion by 2031, according to recent industry estimates — the international payments and settlement sector is facing a... read more

05 Feb 25 @ 13:49

Traditional methods of sending money across borders – bank wire transfers, checks, and money transfer services – are often slow, expensive and laden with regulatory hurdles. However, digital wallets are... read more

04 Feb 25 @ 17:58

As has been noted in recent articles, the cross-border payments landscape is evolving rapidly, with digital transactions driving unprecedented growth in international commerce, travel and remittances. Now Visa is getting... read more

03 Feb 25 @ 11:35

The global payments landscape is undergoing a major transformation as cross-border payments become more streamlined, efficient and digitally integrated. Financial institutions, payment service providers, and fintech firms are racing to... read more

10 Jan 25 @ 14:02

The European Union (EU) has long championed digital payments as a safer, faster and more cost-effective alternative for consumers and businesses. While the value of retail digital payments in the... read more

20 Dec 24 @ 12:48

Mastercard and JPMorgan Chase have announced a ground breaking partnership – combining their strengths in blockchain technology – to revolutionise cross-border business-to-business (B2B) payments. This collaboration integrates Mastercard’s Multi-Token Network... read more

17 Dec 24 @ 11:36

EBA CLEARING has announced the go-live of an OCT Inst Service, which was implemented in the pan-European RT1 System on 17 November 2024 at the request of its users. The... read more

16 Dec 24 @ 11:03

From the proliferation of generative AI to the adoption of real-time payments and blockchain, the payments trends shaping 2025 and beyond will transform the future of commerce. The payments landscape... read more

16 Dec 24 @ 10:32

The Payment Systems Regulator (PSR) has taken a decisive step to address the soaring costs of cross-border interchange fees on card transactions. Following a detailed review, the PSR has confirmed... read more

12 Dec 24 @ 09:59

Every year, the Money 20/20 conference in Las Vegas serves as a barometer for the global payments ecosystem. The event draws banks, fintechs, tech firms and other industry players to... read more