18 Jul 22 @ 12:34

Mikael Lijtenstein, CEO of AstroPay, says digital wallets will be the world’s preferred way to pay – but consumers, merchants and PSPs need better service in cross-border transactions. At AstroPay,... read more

05 Jul 22 @ 10:30

Cross-border payments are growing every year as consumers seek out more choice and better prices from markets around the world. Currently worth around $2.5 trillion annually, business to consumer e-commerce... read more

10 Dec 21 @ 09:00

SWIFT announced the availability of its new In-flow Translation service and confirms that it now offers a full ISO 20022 customer testing environment for cross-border payments. In-flow Translation will enable... read more

09 Nov 21 @ 11:03

Following on from yesterdays article on mCBDC and cross-border payments, a second study, looking at the same problem from a different angle, has found deployment of blockchain for cross-border settlement... read more

12 Oct 21 @ 13:58

Banks from both sides of the Atlantic have successfully exchanged payment messages for a faster cross-border payments as part of a proof of concept demonstrating the feasibility of synchronising settlement... read more

11 Oct 21 @ 08:45

Global cross-border payment flows are expected to reach $156 trillion in 2022. This trillion-dollar cross-border payments market is being shaken up by a rush of new entrants that promise to... read more

07 Sep 21 @ 07:23

A new study has found the transaction value of instant payments will exceed $27.7 trillion in 2026, from just $4.8 trillion in 2021. The research identified that this extraordinary growth... read more

23 Jul 21 @ 12:07

Visa has announced it has signed a definitive agreement to acquire Currencycloud, a global platform that enables banks and FinTechs to provide innovative foreign exchange solutions for cross-border payments. The... read more

11 Jun 21 @ 16:17

It’s been on the cards for some time, but 2021 is finally seeing established payment companies take the opportunities of cryptocurrency seriously, and among those taking a serious look at... read more

01 Dec 20 @ 12:36

Novalnet AG, a full-service Payment Provider, is partnering with Banking Circle, for faster and lower cost foreign exchange (FX) and settlement solutions for its 12,000+ customers around the world. Banking... read more

20 Oct 20 @ 12:28

The G20 has made enhancing cross-border payments a priority during the Saudi Arabian Presidency. Faster, cheaper, more transparent and more inclusive cross-border payment services, including remittances, while maintaining their safety... read more

01 Oct 20 @ 09:06

SWIFT says it has a new service to help banks improve the experience for small and medium-sized enterprises (SMEs) and consumers who send low-value payments across borders. SWIFT is working... read more

17 Sep 20 @ 08:05

In response to the growing number of Real-Time Payments initiatives taking place globally, SWIFT has announces that over the next two years and beyond it will fundamentally transform payments and... read more

25 Mar 19 @ 09:29

IBM has created a real-time, global payments network to support cross-border transactions and foreign exchange in more than 50 countries using cryptocurrencies or “stable coins.” IBM Blockchain World Wire will... read more

14 Jun 18 @ 11:16

It would appear that a new rivalry is raging that looks set to decide how cross-border payments are handled for decades to come. It is a contest that encapsulates much... read more

18 Apr 18 @ 11:38

Almost half (45%) of corporates see a bank’s B2B payables and cross-border payments offering as being a very or extremely important factor in the bank selection process. In its 2017... read more

03 Apr 18 @ 10:26

The European Commission has announced what the industry sees as a long overdue proposal to make cross-border payments in euro cheaper across the entire EU. Consumers and businesses in the... read more

16 Nov 17 @ 16:42

American Express has announced the introduction of blockchain-enabled, cross-border B2B  payments. The American Express FX International Payments (FXIP) business is working with Ripple to make blockchain payments commercially available, reducing... read more

09 Nov 17 @ 16:06

Regulation, compliance and legacy systems have, for so long, been the stumbling blocks for financial institutions to capitalise on the new digital age where there are few barriers to international... read more

27 Jun 17 @ 12:51

For many of today’s European e-commerce businesses, payments are perceived as a commodity. Forward thinking businesses are switching on to the potential of cross-border payments to drive competitive advantage, looking... read more