Saudi Arabia has reportedly withdrawn from China’s mBridge digital currency/cross-border payments program. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...
Watch more: Need to Know With Sebastian Fantini of EBANX Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this...
The Federal Reserve on Wednesday (Sept. 16) raised the target range for the federal funds rate by a quarter percentage point to 3.75% to 4%, saying inflation remains elevated. In its accompanying implementation decision, the Fed raised the interest rate paid on reserve balances to...
Watch more: PYMNTS On Air With Justin Zhao of Visa Direct and Ran Grushkowsky of MassPay Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
Citi and DBS made the first successful Singapore-to-U.S. dollar payment conducted on a weekend, according to a Sunday (Sept. 6) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The payments industry has largely converted its cross-border messaging infrastructure to ISO 20022. Its next challenge is getting structured address data to match the new messaging standard. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Watch more: Need to Know With Bank of America’s Narendra Kumar Parhi Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...
Corporate treasurers looking out across global commerce would be forgiven for thinking they see the signs of a new cross-border financial stack taking shape. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
OpenPayd has integrated its universal financial infrastructure with Circle Payments Network (CPN), enabling businesses to make near-instant cross-border fiat payments, OpenPayd said in a Tuesday (Aug. 25) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...