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

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

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

21 Mar 24 @ 18:10

While 54% of global consumers expect to increase their cross-border purchasing over the next six to 12 months, they need flexibility and transparency in the digital payment experience to make... read more

14 Mar 24 @ 09:00

Visa has announced a further 7-year agreement with Western Union, building on its existing integrations with Visa Direct in 2022 and 2019, which enabled US and European customers to send and... read more

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

23 Jan 24 @ 16:10

Sending money cross-border is a growing part of our international lives, but most people are unaware of what they actually pay to send, spend, or receive money internationally. According to... read more

15 Jan 24 @ 16:20

The U.S. Faster Payments Council (FPC), has published its latest research report, titled The Practicalities of Cross-Border Payments in a Faster Payments World. This new report builds on the FPC’s... read more

09 Jan 24 @ 16:37

Ever since the time of Shakespeare’s Merchant of Venice, the question of how to trust that people in other countries would pay you in full and on time has kept... read more

05 Jan 24 @ 12:43

The recent explosion in e-commerce has created huge opportunities for Small and Medium Enterprises (SMEs) globally  – yet capitalising on these opportunities is challenging, especially in cross-border payments. In a... read more

13 Dec 23 @ 13:14

The Payments Systems Regulator (PSR) in the UK has provisionally proposed a cap on cross-border interchange fees on retailers and other businesses charged by Mastercard and Visa on transactions made... read more

06 Dec 23 @ 17:28

Amidst economic headwinds, Asia’s digital economies continue to post impressive gains, with cross-border initiatives and tools offering businesses new avenues to unlock unprecedented growth, according to the latest report by... read more

10 Nov 23 @ 14:16

As a growing number of people move overseas for jobs that allow them to better support their families, remittances and cross-border payments play a key role of getting their money... read more

02 Nov 23 @ 17:43

In recent decades, the world has witnessed a remarkable surge in cross-border payments, driven by the globalisation of trade, capital and migration flows. Global payments are expected to rocket from... read more

05 Oct 23 @ 12:38

The Bank for International Settlements (BIS) and central bank partners have launched Project Mandala. The project explores the feasibility of encoding jurisdiction-specific policy and regulatory requirements into a common protocol... read more

27 Sep 23 @ 16:36

Ant Group has integrated 7 new leading e-wallets and payment apps from Asia to the Alipay+ Program (A+China Program). Users of mPay (Macao SAR, China), Hipay (Mongolia), Changi Pay (Singapore),... read more

23 Mar 23 @ 12:36

41% of business-to-business organisations believe that cross-border business expansion is imperative to ease their current trading concerns. That’s according to a new study released by Rapyd, which shows that a sizeable... read more

07 Mar 23 @ 17:28

The Bank for International Settlements (BIS) and the central banks of Israel, Norway and Sweden have concluded Project Icebreaker, which studied the potential benefits and challenges of using retail central... read more

26 Jan 23 @ 14:00

Local Russian news outlets are reporting that Russia and Iran are considering a stablecoin collaboration to skirt financial and economic restrictions imposed by the US, EU, UK and other countries,... read more

04 Nov 22 @ 12:18

The BIS Innovation Hub is launching a new project around central bank digital currencies (CBDCs) and Decentralised Finance (DeFi) protocols as part of its 2022 work programme. Project Marianaexplores automated market... read more