Cross Border Payments

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

03 Dec 24 @ 14:27

As the global economy grows increasingly interconnected, cross-border payments have become a critical area of focus. Yet, as pointed out before by Payments Cards & Mobile, challenges such as high... read more

02 Dec 24 @ 15:34

In a landmark agreement, the European Central Bank (ECB) and Norges Bank have announced that Norway will integrate its currency, the Norwegian krone, into the TIPS system (TARGET Instant Payment... read more

28 Nov 24 @ 14:37

The global payments landscape is undergoing a seismic transformation as geopolitical tensions and technological advancements converge. With traditional systems like SWIFT under scrutiny for inefficiencies and geopolitical dependencies, emerging payment... read more