Cambodia’s central bank is partnering with Malaysia’s Maybank for digital cross-border money transfers. The transfers will initially start with Malaysia to Cambodia, with Cambodia to Malaysia to be added in the future. Get the Full Story Complete the form to unlock this article and enjoy...
“Notoriously difficult and hard to implement.” That’s the initial feedback from the head of the Emerging Payments Association (EPA), Tony Craddock, on a new set of rules put forth by the U.K.’s Financial Conduct Authority (FCA) that would dictate the “duty” that businesses have to...
RippleNet, Ripple’s global financial network, announced on Wednesday (Aug. 11) a third addition to its list of financial institutions (FIs) and money transfer companies in South Korea — Global Money Express (GME Remittance) — after partnerships with CROSS ENF and Sentbe. Get the Full Story...
China has turned its focus to the country’s insurance technology platforms as the nation’s banking and insurance watchdog continues its regulatory crackdown on businesses in a variety of vertical markets, to the dismay of investors around the world. Get the Full Story Complete the...
The twofold setback of Brexit and the pandemic has irreversibly altered international commerce. In the Cross-Border Retail Payments Tracker, Michal Szczesny, CEO of Artfinder, explains how collaborating with payment providers to meet regulatory requirements and speed transactions is helping art merchants meet cross-border challenges.
Cross-border payment hub Tranglo has received new payment functions from the Monetary Authority of Singapore (MAS), the company shared in an announcement on Monday (Aug. 9). The approvals will enable the company to provide account issuance, domestic money transfer and e-money issuance services. Get the...
The Bank of Jamaica (BOJ) minted the first installment of what’s expected to be 230 million JMD (nearly $1.5 million) in central bank digital currency (CBDC) on Tuesday (August 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
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India could cut import duties on electric vehicles to as low as 40 percent, a move that arrives in the wake of a visit by Tesla. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
