29 Sep 26 @ 20:08

Swift is taking aim at one of the most persistent frustrations in international payments: the need for consumers to enter unfamiliar account details when sending money abroad. The messaging network... read more

29 Sep 26 @ 20:07

Mambu and Mastercard have formed a strategic partnership designed to make it easier for banks to launch and scale cross-border payment services without undertaking complex infrastructure projects. Under the agreement,... read more

24 Sep 26 @ 16:29

Russia’s attempts to circumvent Western financial sanctions have developed into a sophisticated parallel payments architecture combining traditional banking, front companies, commodity revenues, promissory notes and stablecoins. A Financial Times investigation... read more

10 Sep 26 @ 15:44

US Bank has completed a live cross-border transaction using its own dollar-backed stablecoin, becoming one of the latest major lenders to test whether blockchain technology can improve the movement of... read more

06 Sep 26 @ 19:32

The European Central Bank and Banco Central do Brasil are examining whether Europe’s TIPS instant-payment infrastructure could be connected with Brazil’s hugely successful Pix network, potentially creating a new real-time... read more

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 cross-border payment flows. The agreement will give TerraPay... read more

04 Aug 26 @ 18:09

Lloyds Banking Group and CaixaBank have completed a series of live tokenised deposit transactions as part of Project Agorá, marking another important milestone in the evolution of wholesale cross-border payments.... read more

29 Jul 26 @ 17:56

ZUG, Switzerland — July 28, 2026 — It’s well known that a cross-border payment goes through a chain of correspondent banks before arriving to the receiver. Every link adds the... read more

16 Jun 26 @ 18:16

Mastercard and Backbase have announced a strategic partnership aimed at helping banks modernise international payments, integrating Mastercard Move into Backbase’s AI-native Banking Operating System to enable faster, more transparent and... read more

31 May 26 @ 12:57

Efforts to modernise cross-border payments have accelerated significantly following the publication of new findings from Project Agorá, a major international initiative led by the Bank for International Settlements (BIS) and... read more

16 Apr 26 @ 11:46

The US Federal Reserve has taken a potentially significant step towards extending FedNow beyond purely domestic payments. By opening a 60-day consultation on proposed amendments to Regulation J, the central... read more

31 Mar 26 @ 19:07

China is intensifying efforts to position its Cross-Border Interbank Payment System, or CIPS, as a more credible alternative to the Western-dominated architecture that has long underpinned international payments. The move... read more

09 Mar 26 @ 14:45

SWIFT has introduced a new international payments framework aimed at significantly improving the speed, transparency and predictability of cross-border retail transactions. The initiative, backed by a coalition of more than... read more

10 Feb 26 @ 17:30

Visa is pushing deeper into one of the world’s most strategically important payment corridors, announcing a partnership with UnionPay International to enable cross-border, real-time payments into mainland China. The agreement... read more

09 Feb 26 @ 13:24

Europe’s long-running ambition to reclaim control over its payments infrastructure has taken a tangible step forward. A new memorandum of understanding signed by Bancomat, Bizum, SIBS, Vipps MobilePay and EPI... read more

19 Jan 26 @ 17:27

Project Agorá, the flagship cross-border distributed ledger initiative led by the Bank for International Settlements, has entered its long-anticipated testing phase. After progressing from design to prototype build during 2025,... read more

15 Jan 26 @ 21:00

Revolut, Visa and Mastercard have failed in a High Court bid to block a proposed UK cap on cross-border card interchange fees. The decision hands a significant legal victory to... read more

06 Jan 26 @ 14:10

A new pilot involving Swift, Ant International and HSBC offers a glimpse of how blockchain-based money could integrate with the plumbing of the global financial system. The test demonstrated cross-border... read more

10 Dec 25 @ 17:21

On 07 November 2025, the Payments Vision Delivery Committee (PVDC) published its “Strategy for Future Retail Payments Infrastructure.” As a quick refresher, the PVDC was set up in November 2024 to... read more

26 Nov 25 @ 09:48

The global financial system has crossed a decisive threshold with the full-scale shift to ISO 20022, marking the end of the long coexistence with the legacy MT messaging format and... read more