Cross Border Commerce

Cross-border Payments
Can Payments-as-a-Service Crack EU’s Cross-Border Payments Complexity?
May 30, 2022

For Europe-based platforms and marketplaces connecting businesses and consumers or business-to-business (B2B) platforms, juggling different payment methods and currencies can be challenging when dealing with customers from all over the world. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Cross-border Payments
The Clearing House Stays on Schedule for ISO 20022 Implementation in Nov. 2023
May 26, 2022

The Clearing House (TCH) has said its clearing and settlement system CHIPS will implement the ISO 20022 message format as planned by November of next year, a press release said Thursday (May 26), which will make cross-border payments and messaging more efficient. Get the Full...

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
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
Paysend CEO: Cross-Border Payments Have Failed Consumers and SMBs
April 25, 2022

“Why should it take longer to send money anywhere than sending a WhatsApp message or text message?” 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...

Cross Border Commerce
Localized Payments Put Developing World’s Auto Dealers in the Driver’s Seat
April 21, 2022

Sometimes, the buyer who will pay the most for a used car is in another country. In the U.S., Canada and European Union, environmental regulations and policies that prioritize electric vehicles over conventional ones reduced the market for older vehicles.  Get the Full Story Complete...

Cross-border Payments
Increasing Demand for Flexibility Will Drive Efficiencies in Remote Hiring
April 06, 2022

Stay-at-home orders and lockdowns in the wake of the pandemic led to an unprecedented boom in remote work — a trend that many say is here to stay. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Cross-border Payments
SIBS CEO: EU Digital Wallet Interoperability Will Reduce Dependence on ‘Rigid’ Global Networks
April 04, 2022

“Very dependent on global networks.” 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...

Cross-border Payments
South Korea to Access Western Union with ICB App For Cross-Border Payments
March 29, 2022

Western Union has launched its transfer services in South Korea with FinTech ICB Co. Ltd.’s mobile app, the international cross-currency money mover announced Monday (March 28). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...