Cross-border Payments

Cross-border Payments
TCH’s Immediate X-Border Payments Pilot Eyes Payroll, Remittances
May 10, 2022

Breathless anticipation of blockchain and central bank digital currencies (CBDCs) aside: There’ll always be a place for the correspondent banking system. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Cross-border Payments
Chinese Tech Firms Quietly Moving Business From Russia
May 06, 2022

While China has said it would sit out sanctions against Russia over its invasion of Ukraine, many of the country’s tech firms have begun backing away from doing business in Russia. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Cross-border Payments
Western Union, SuperGIROS Team on Cross-border Payments in Colombia
May 03, 2022

Western Union and SuperGIROS, part of the Acciones & Valores network, on Tuesday (May 3) teamed up to give Colombians more financial flexibility by adding Western Union’s cross-border global money movement and payments capabilities in every SuperGIROS retail location in the country. Get the Full...

Cross-border Payments
Nium Plans $400M European Expansion
April 29, 2022

Digital payments startup Nium is in discussions to make a $400 million acquisition to help it expand across Europe, Co-Founder and CEO Prajit Nanu said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Cross-border Payments
China’s Tech Regulatory Spree May Have Unintended Consequences
April 29, 2022

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 form, you agree to receive marketing communications from PYMNTS and...

Cross-border Payments
Today in FinTech: Meeting of the Cross-Border Payment Minds; Elevating Security with Behavioral Analytics
April 28, 2022

In Thursday’s (April 28) FinTech news, a pilot program for immediate cross-border (IXB) payments is being launched by three of the industry’s most influential payments players on the world stage. Plus, why behavioral analytics is the new security stack must-have.   Get the Full Story Complete...

Cross-border Payments
Some EU States Caving to Russia’s Rouble Payment Demand for Gas
April 28, 2022

As Russia’s attack on Ukraine continues, some states in the European Union (EU) are weighing rouble payments for Russian gas despite the risk of undermining sanctions, according to multiple reports on Thursday (April 28). Get the Full Story Complete the form to unlock this article...

Cross-border Payments
India’s Cashfree Payments Claims Top Share in Market
April 27, 2022

Bengaluru, India-based Cashfree Payments announced Wednesday (April 27) that it holds 50% of India’s market for bulk payments disbursal and its key product grew more than 100% in fiscal 2022 compared to fiscal 2021. Get the Full Story Complete the form to unlock this article...

Cross-border Payments
EMEA Daily: Central African Republic Embraces Crypto; TrueLayer Introduces Variable Recurring Payments
April 26, 2022

In today’s top Europe, Middle East and Africa (EMEA) news, Central African Republic Finance Minister Herve Ndoba said the use of cryptocurrencies in the nation’s economy is coming, while London’s TrueLayer has introduced variable recurring payments (VRP). Plus, Facebook owner Meta and Google pledged to...