cross-border payments

Cross-border payment is a term referring to transactions involving individuals, companies, banks or settlement institutions operating in at least two different countries.

(source: kantox.com)

Standard Chartered and Visa Partner on Cross-Border B2B Payments
Standard Chartered and Visa Partner on Cross-Border B2B Payments
April 23, 2024  |  B2B Payments

Standard Chartered has partnered with Visa to facilitate cross-border B2B payments for the bank’s corporate clients.  The bank has joined the Visa B2B Connect multilateral payment network and has...

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Thunes Tackles US Gaming Market With Tilia Acquisition
Thunes Tackles US Gaming Market With Tilia Acquisition
April 23, 2024  |  Acquisitions

Cross-border payments firm Thunes is set to acquire all-in-one-payments platform Tilia. The deal, announced Tuesday (April 23), is aimed at speeding Thunes’ growth in the...

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Pomelo Officially Launches Product Combining Credit and International Money Transfer
Pomelo Officially Launches Product Combining Credit and International Money Transfer
April 22, 2024  |  Cross-border Payments

Pomelo has announced its official launch after several months of private beta. The company is launching with $70 million in seed financing that includes $20 million...

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Airwallex Teams With Bird for Streamlined International Payments
Airwallex Teams With Bird for Streamlined International Payments
April 22, 2024  |  Partnerships

Payments platform Airwallex has launched a partnership with global communications platform Bird, formerly known as MessageBird. The collaboration, announced Monday (April 22), is designed to power Bird’s international payments...

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This Week in B2B: Lending Innovations, AI and Digital Payments 
This Week in B2B: Lending Innovations, AI and Digital Payments 
April 19, 2024  |  B2B Payments

The B2B landscape is on the cusp of the next era in payments innovation.  As PYMNTS readers already know, this new and exciting era is...

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WorldFirst Launches Cross-Border Payment Solution for B2B Trade
WorldFirst Launches Cross-Border Payment Solution for B2B Trade
April 18, 2024  |  B2B Payments

Digital payments platform WorldFirst has debuted a solution to help small businesses speed cross-border payments. WorldTrade, announced Thursday (April 18), is aimed at small and medium-sized enterprises (SMEs) that...

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Revolut Invests $100 Million in Mexico as Remittances Jump
Revolut Invests $100 Million in Mexico as Remittances Jump
April 18, 2024  |  Digital Banking

Revolut has reportedly made a $100 million-plus bet on Mexico’s remittance market. Speaking with Reuters Wednesday (April 17), Revolut Mexico CEO Juan Miguel Guerra said...

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MUFG Bank and Crédit Agricole Complete First ISO 20022-Aligned Payment on CHIPS
MUFG Bank and Crédit Agricole Complete First ISO 20022-Aligned Payment on CHIPS
April 17, 2024  |  Payment Methods

The first payment in the ISO 20022 message format on the CHIPS network was completed by Japanese financial institution MUFG Bank and European financial institution Crédit Agricole Corporate & Investment Bank, The...

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Money Transfer Firm Wise Reports 29% Growth in Active Users
Money Transfer Firm Wise Reports 29% Growth in Active Users
April 16, 2024  |  Payment Methods

Money transfer firm Wise saw its number of active customers grow 29% year over year during the fourth quarter of fiscal year 2024. That growth brought its...

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