Showing results for 'cross-border payments' in Articles
362 Articles | 72 Magazines | 2 Research | 1 Whitepapers

FSB: Roadmap for enhancing cross-border payments

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

SWIFT sets sights on new service for low value cross-border payments

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

B2B cross-border payments to grow by 30% to $35 trillion by 2022

04 Aug 20 @ 12:33

A new study has found that the total value of B2B cross-border payments will reach $35 trillion in 2022 from a COVID-related low of $27 trillion in 2020; representing 30%... read more

Ripple and Swift in arm wrestle over cross-border payments supremacy

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

The four best ways to make cross-border payments

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

European Commission proposes cheaper cross-border payments

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

Real-time cross-border payments – ISO 20022

03 Sep 15 @ 12:12

Real-time cross-border payments might soon be a reality, thanks to the efforts of a new payments industry group. But is there a business case for adopting the ISO 20022 standard?... read more

East African economies launch cross-border payments system

12 Dec 13 @ 11:25

In its strongest attempt to date to bolster intra-regional trade, East Africa’s biggest economies have launched an integrated real-time cross-border payments system designed to remove bottlenecks to business, Kenya’s central bank... read more

Nordics banks merge digital wallets MobilePay, Vipps and Pivo across the region

30 Jun 21 @ 12:02

Danske Bank has agreed to merge three digital wallets MobilePay, Vipps and Pivo with respective owners OP Financial Group in Finland and the consortium of banks behind Vipps in Norway.... read more

SWIFT trials instant cross-border gpi payments through TIPS

21 May 19 @ 08:25

SWIFT says that a group of banks are to trial instant gpi cross-border payments in Europe using the TARGET Instant Payments Settlement (TIPS) platform. The European Central Bank (ECB) and... read more

China launches cross-border interbank payment system

08 Oct 15 @ 13:55

China’s central bank has launched the China International Payment System (CIPs), a worldwide  interbank payment system and superhighway for the yuan to facilitate trade settlement and investment dominated in the yuan. CIPS... read more

Swift Readies Blockchain Ledger for Live Tokenised Deposit Payments

25 Aug 26 @ 09:13

Swift has declared its new blockchain-based ledger ready for initial use, with 17 major banks preparing to pilot live tokenised deposit transactions across six continents. The initiative is designed to... read more

Brazil Eyes Cross-Border Future for Pix as Crypto Rules Tighten

25 Aug 26 @ 09:02

Brazil’s central bank is exploring how its Pix instant-payment system could connect with overseas payment networks, potentially extending one of the world’s most successful domestic payment schemes into cross-border commerce.... read more

HSBC and Standard Chartered complete live Swift Blockchain Ledger transaction

24 Aug 26 @ 19:24

HSBC and Standard Chartered have completed the first live interbank tokenised deposit transaction using Swift’s blockchain-based ledger, marking another step towards integrating digital money into established banking infrastructure. The transaction... read more

Lloyds and CaixaBank complete live tokenised deposit transactions

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

Wise regroups after OCC rejects US Bank Charter application

03 Aug 26 @ 15:43

Wise is preparing a second attempt to secure a U.S. national trust bank charter after the Office of the Comptroller of the Currency (OCC) rejected its initial application, citing significant... read more

One Counterparty, One Audit Trail: FinchTrade’s Case Against the Correspondent Banking Chain

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

Velocity raises $38 million to expand stablecoin treasury platform

16 Jul 26 @ 20:45

Velocity has raised $38 million in a Series A funding round as investors increase their exposure to stablecoin infrastructure designed for enterprise treasury and cross-border payments. The round was led... read more

Legacy infrastructure leaves Banks unprepared for real-time

06 Jul 26 @ 20:34

European banks risk falling behind in the race towards real-time payments and faster securities settlement unless they accelerate investment in automation and modern payments infrastructure, according to new research from... read more

Major UK banks lead global rollout of Swift’s consumer framework

06 Jul 26 @ 20:32

Barclays, HSBC, Lloyds Bank and NatWest are set to become among the first financial institutions globally to implement Swift‘s new consumer payments framework, marking an important milestone in the evolution... read more

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Visa strengthens fraud defences with BioCatch acquisition

05 Aug 26 @ 16:37

Visa has agreed to acquire Israeli behavioural biometrics specialist BioCatch in a $2.4 billion all-cash transaction, marking one of the payments giant's larges... more

Fiserv and Mastercard expand strategic alliance

05 Aug 26 @ 16:36

Fiserv and Mastercard have strengthened their long-standing partnership with a new global agreement designed to simplify payment acceptance for enterprise merch... more

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