Cross-border Payments

Cross-border Payments
Paysend Launches New Instant Payment Service
September 15, 2022

UK-based FinTech Paysend Thursday (Sept. 15) announced in a press release the launch of Instant Account Payments which allow consumers and businesses to send instant cross-border payments between accounts up to a value of $100,000 to just $1 per payment. Get the Full Story Complete...

Cross-border Payments
LianLian Global Offers Full Value Payments Guarantee to China
September 14, 2022

Cross-border payments service provider LianLian Global announced Wednesday (Sept. 14) that it is offering the world’s first cross-border payments guarantee to China. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Cross-border Payments
JPMorgan: Strong Dollar Prompts Cross-Border Rethink of Idle Cash, Liquidity Strategies
September 12, 2022

Among the surprises in 2022 — a year full of them in the financial realm — the strong dollar is now a challenge (and opportunity) that corporates must wrestle with as they make $140 trillion in cross-border transactions annually and manage daily liquidity. Get the...

Cross-border Payments
Wise Platform Brings SWIFT Transfers to Neobanks
September 09, 2022

Wise Platform, the enterprise-facing branch of cross-border payments firm Wise, announced Friday (Sept. 9) the launch of its new SWIFT International Receive service, which will allow Wise client institutions to facilitate cross-border payments, even if their bank is not connected to SWIFT. Get the Full...

Cross-border Payments
Inside the Upside of India’s New Bundled, Cross-Border Remittance System
September 09, 2022

In India, a broadening by the Reserve Bank of India (RBI) of the ways and means through which citizens can send money abroad will open the floodgates to FinTechs and other businesses dealing with cross-border payments. Get the Full Story Complete the form to unlock...

Cross-border Payments
Technology Helps Teams Drive Digital Cross-Border Payments Progress
September 08, 2022

Ramana Satyavarapu, chief technology officer of Nium, told PYMNTS that we’re living in unprecedented times in which the very nature of money movement, especially cross-border money movement, is changing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cross-border Payments
Data brief: Managing Taxes Is Biggest Headache of Nearly 50% of Firms Hiring Internationally
August 30, 2022

In 2021, United Kingdom businesses turned to hiring internationally to expand into new markets and tap into the worldwide talent pool. But firms soon realized that hiring and managing an international workforce was a complex undertaking that involved juggling a myriad of challenges. Get the...

Cross-border Payments
Indonesia, Singapore Team on XBorder QR Code Payments
August 29, 2022

Bank Indonesia and the Monetary Authority of Singapore (MAS) have begun working on a cross-border QR payment method between Indonesia and Singapore, a press release said, part of the ASEAN-wide payments connectivity effort. Get the Full Story Complete the form to unlock this article and...

Cross-border Payments
Nigerian FinTech Grey Nets $2M for Cross-Border Payments
August 29, 2022

Nigeria-based FinTech Grey has raised $2 million in seed funding, toward its goal of simplifying the sending and receiving of foreign payments for Africans, a press release said.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...