cross-border payments

Cross-border payment is a term referring to transactions involving individuals, companies, banks or settlement institutions operating in at least two different countries.

(source: kantox.com)

WorldFirst Launches Cross-Border Payment Solution for B2B Trade
WorldFirst Launches Cross-Border Payment Solution for B2B Trade
April 18, 2024  |  B2B Payments

Digital payments platform WorldFirst has debuted a solution to help small businesses speed cross-border payments. WorldTrade, announced Thursday (April 18), is aimed at small and medium-sized enterprises (SMEs) that...

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Revolut Invests $100 Million in Mexico as Remittances Jump
Revolut Invests $100 Million in Mexico as Remittances Jump
April 18, 2024  |  Digital Banking

Revolut has reportedly made a $100 million-plus bet on Mexico’s remittance market. Speaking with Reuters Wednesday (April 17), Revolut Mexico CEO Juan Miguel Guerra said...

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MUFG Bank and Crédit Agricole Complete First ISO 20022-Aligned Payment on CHIPS
MUFG Bank and Crédit Agricole Complete First ISO 20022-Aligned Payment on CHIPS
April 17, 2024  |  Payment Methods

The first payment in the ISO 20022 message format on the CHIPS network was completed by Japanese financial institution MUFG Bank and European financial institution Crédit Agricole Corporate & Investment Bank, The...

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Money Transfer Firm Wise Reports 29% Growth in Active Users
Money Transfer Firm Wise Reports 29% Growth in Active Users
April 16, 2024  |  Payment Methods

Money transfer firm Wise saw its number of active customers grow 29% year over year during the fourth quarter of fiscal year 2024. That growth brought its...

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Payments Execs View Data as the Compass for Navigating Uncertain Times
Payments Execs View Data as the Compass for Navigating Uncertain Times
April 16, 2024  |  Opinion

“The only thing we can count on is uncertainty,” Albert Einstein once observed. And while the statement is universal, and applies to pretty much any...

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Solving the Buy-Build-Partner Equation For Cross-Border Payments
Solving the Buy-Build-Partner Equation For Cross-Border Payments
April 15, 2024  |  Cross-border Payments

It’s a big world, but ongoing cross-border payments advances are helping make it smaller.  That’s because, with the recent news that HighRadius has launched a B2B payments platform designed...

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Tencent Simplifies Process of Linking International Cards With Weixin Pay
Tencent Simplifies Process of Linking International Cards With Weixin Pay
April 12, 2024  |  Cross-border Payments

Tencent has made it easier for visitors to mainland China to register for a WeChat account and to link international cards to Weixin Pay.  In addition, Weixin...

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HighRadius Launches B2B Payments Platform Supporting 150 Currencies
HighRadius Launches B2B Payments Platform Supporting 150 Currencies
April 12, 2024  |  B2B Payments

HighRadius has launched a B2B payments platform designed to improve payment processes across more than 100 payment methods globally. The platform is designed to meet the demand for...

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Verituity Taps Mastercard to Enable Near-Real-Time Payments for Banks
Verituity Taps Mastercard to Enable Near-Real-Time Payments for Banks
April 11, 2024  |  Real-Time Payments

Verituity has teamed up with Mastercard to enable near-real-time payments for commercial banks and payers. This collaboration sees Verituity’s white-labeled payments platform integrating Mastercard’s portfolio of domestic...

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