Cross Border Payments

19 Nov 24 @ 17:23

Spain has achieved a ground breaking milestone in the evolution of global payments by becoming the first European banking area fully connected to the European Payments Council’s (EPC) One-Leg Out... read more

12 Nov 24 @ 08:21

SentBe, a global FX total solutions provider in Korea, has partnered with Visa and implemented Visa Direct card transfer services, which allows real-time overseas payment through Visa’s global payment network.... read more

08 Nov 24 @ 15:49

The Euro Banking Association (EBA) has recently published findings from its survey on cross-border payments, exploring challenges and potential enhancements across the European payments landscape. This survey, conducted in Q2... read more

07 Nov 24 @ 17:11

UBS has made significant strides in transforming cross-border payments through its latest innovation, UBS Digital Cash. This blockchain-based payment solution aims to increase efficiency, transparency, and the programmability of corporate... read more

04 Nov 24 @ 11:07

In a rapidly evolving global payments landscape, the dominance of the US dollar remains resilient even as new contenders emerge. According to recent data from SWIFT, the dollar’s share of... read more

29 Oct 24 @ 18:38

The European Central Bank (ECB) has unveiled a new set of initiatives designed to enhance cross-currency instant payments within the European Union (EU) and potentially expand these capabilities globally. Built... read more

29 Oct 24 @ 15:37

Project Mandala, developed by the BIS Innovation Hub, is a compliance solution targeting the complexities of cross-border payments for both commercial and central banks. In its recent report on the... read more

22 Oct 24 @ 18:25

As the global payments ecosystem continues to evolve, 2024 presents a landscape marked by simpler user interfaces, but with growing complexity behind the scenes. According to McKinsey’s recent report, global... read more

22 Oct 24 @ 17:59

The European Central Bank (ECB) has unveiled new initiatives to enhance cross-border payments, building on its existing TARGET Instant Payment Settlement (TIPS) service. These initiatives aim to create faster, more... read more

11 Oct 24 @ 16:34

Citi and Mastercard have announced a partnership to offer faster, more efficient cross-border payments using Mastercard debit cards across 14 global markets, with plans for expansion. Through Citi’s WorldLink Payment... read more

11 Oct 24 @ 11:42

Alipay+, Ant International’s cross-border mobile payment venture, has revealed three trends shaping the future of tourism to the benefit of global merchants and the industry. “Tourism’s importance to economic growth... read more

04 Oct 24 @ 11:49

As Czechia strides towards 2025, its payments landscape is marked by significant shifts and advancements. The convergence of traditional banking systems with innovative digital solutions is driving a new era... read more