When times get tough, payments need to get easier. That was the case in 2025 for cross-border payments. In a year marked by geopolitical uncertainty, supply-chain reconfiguration and persistent pressure on margins, the mechanics of moving money across borders moved squarely into the strategic spotlight...
MassPay has integrated Visa Direct with its global payout orchestration platform to enable faster payouts to cards, bank accounts and digital wallets. By enabling MassPay to offer direct integration with Visa’s global network, the collaboration will provide businesses using MassPay with a single connection that handles payouts across...
Digital wallets, compliance tooling and payment innovations are helping chief financial officers move from checkers to chess with their cross-border strategies. As money and data move faster across digital platforms, and as financial infrastructure becomes increasingly programmable, cross-border complexity is shifting from a defensive and...
Ant International, HSBC and Swift say they have tested a new cross-border payment solution. The initiative involved the cross-border transfer of tokenized deposits using ISO 20022 messaging standards, with the help of Swift’s global messaging network, HSBC’s tokenized deposit service and Ant’s blockchain technology, according to a Thursday (Dec....
Cumbuca, a Y Combinator-backed FinTech, is betting that global payment players want into Brazil faster than the licensing process allows. In a Wednesday (Dec. 3) news release, the company said it has launched a “proxy” service that lets international firms initiate payments in Brazil under...
Travel is an experiential sector where every detail matters. A small surprise can either spoil or enhance the experience. This has put pressure on payments innovation. As global travel continues to rebound post-pandemic, industry leaders are reimagining what it means to pay seamlessly across borders....
The Treasury Department’s Financial Crimes Enforcement Network (FinCEN) issued an alert Friday (Nov. 28) reminding money services businesses (MSBs) that they should be vigilant in reporting suspicious activity around cross-border transfers from people without legal status in the United States. The alert said that while...
Over the coming weekend, global payments infrastructure will cross an invisible but meaningful threshold. And there’s no going back. After years of planning and incremental rollout phases, Swift’s existing MT messaging standard for cross-border payments will finally be retired Saturday (Nov. 22), giving way entirely...
Félix said will leverage Mastercard Move to make cross-border remittance flows between the United States and Latin America faster, more transparent and more secure. The integration of Mastercard’s global payment infrastructure and Félix’s cross-border remittance platform will streamline the remittance process, the companies said in...