Cross Border Payments

Showing Latest Cross Border Payments

In an instant world, banks need to manage ForEx better

19 Aug 24 @ 13:34

As instant payments proliferate world-wide, a new white paper from global payment technology experts RS2 cautions banks to get smarter about optimising their foreign exchange (ForEx) strategies. Data from Capital... read more

The Italian payments landscape – A detailed analysis

15 Aug 24 @ 14:45

The Italian payments market is undergoing a profound transformation driven by technological advancements and evolving consumer behaviours. As we move through 2024, the Italian market is seeing significant shifts towards... read more

European banks raise concerns over UK’s proposed cap on interchange fees

14 Aug 24 @ 15:58

European banks have expressed “serious concerns” regarding the UK Payment Systems Regulator’s (PSR) plan to cap interchange fees on cross-border digital transactions. This proposal, which impacts fees levied by Visa... read more

E-commerce and POS proliferate, cash and crypto bring up the rear

09 Aug 24 @ 13:11

Payments Cards & Mobile’s exclusive annual review of payments data from the Digital & Card Payments Yearbooks, covering the 33 European Economic Area (EEA) countries (27 member states plus UK,... read more

The evolution of the commercial payments market

07 Aug 24 @ 12:26

At EBAday 2024, Wim Grosemans, Global Head of Product Management Payments and Receivables at BNP Paribas, provided insights into the evolving commercial payments market. The discussion highlighted the significant transformations... read more

The UK payments landscape – A detailed analysis

05 Aug 24 @ 15:32

According to the latest Digital & Card Payment Yearbooks,  in recent years, the UK payments landscape has undergone a dramatic transformation, driven by technological advancements and changing consumer behaviours. The... read more

Cross-border payments: Update on industry initiatives

12 Jul 24 @ 13:50

Cross-border payments have long been a critical aspect of global finance, facilitating trade and economic interaction across nations. However, the complexities and inefficiencies associated with these transactions have often led... read more

Developing blockchain-based systems for cross-border payments

15 May 24 @ 16:33

With the world now accustomed to completing business transactions in three seconds or less, there is an opportunity for bankers to consider central bank digital currencies as a platform for... read more

Project Agorá: Major project to tokenise cross-border payments

12 Apr 24 @ 13:09

The Bank for International Settlements (BIS) together with seven central banks has announced plans to join forces with the private sector to explore how tokenisation can enhance the functioning of... read more

Mastercard signs international remittances deal with Alipay Wallet

25 Mar 24 @ 16:53

Mastercard has continued to expand its cross-border remittance reach with a new connection to Alipay, China’s leading digital wallet, making it one of the fastest-growing cross-border payment offering. The move... read more

MoneyGram enable cardless money transfers from Europe

21 Mar 24 @ 15:10

MoneyGram International has teamed up with Trustly. Through this strategic alliance, MoneyGram will introduce cardless money transfer payments for millions of its users across Europe. When sending international money transfers... read more

We need to rethink cross-border money movement for the mobile generation

29 Feb 24 @ 10:50

Cross-border payments are growing in response to rising e-commerce volumes and an increasingly mobile population. As a result, there’s increasing pressure on providers to rethink how we pay and move... read more

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RBC and BMO sell Moneris to Francisco Partners for C$2bn

13 Aug 26 @ 15:19

Royal Bank of Canada and Bank of Montreal have agreed to sell their jointly owned payments processor Moneris to private equity group Francisco Partners in a C$2... 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 cros... more

Wero delays Luxembourg launch to strengthen market readiness

10 Aug 26 @ 20:40

The European Payments Initiative (EPI) has postponed the launch of its Wero digital wallet in Luxembourg until 1 September 2026, pushing back its original June ... more