Planning to deliver “correspondent-banking-in-a-box,” Israeli startup TenureX has partnered with U.K. consultancy Martin Fiddaman Associates to help overseas banks in the U.K., challengers and FinTechs...
Cross-border payments continue to be notorious for being slow and costly, with each FI involved in processing the transaction attaching additional fees. In this month’s...
Cross-border payments are a necessary, yet often frustrating part of the world economy, with international transactions prone to overlapping government regulations, excessive fees and slow...
Remittances are a lifeline for many individuals around the world, with workers overseas in developed countries frequently sending money back home to support families in...
In today’s top news, Walmart debuts its membership program, Walmart+, and the U.S. Securities and Exchange Commission (SEC) is eying a probe of Robinhood over...
Although cross-border expansion can be a major business growth opportunity for U.S. companies today, that wasn’t always the case. The global market has historically revolved...
Distributed ledger technology (DLT) appears to be making progress in its effort to provide the financial services ecosystem with an alternative to traditional rails, with...
The World Bank projects that $572 billion will be sent from migrant workers to their families abroad in 2020. These payments affect the day-to-day lives...
For UAE's 90 percent expatriate population, sending remittances back home often means paying exorbitant fees and dealing with glacial processing times. But use of local...