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

Stablecoins Hit Record $190 Billion on X-Border Payment Optimism
Stablecoins Hit Record $190 Billion on X-Border Payment Optimism
November 27, 2024  |  Cryptocurrency

Stablecoins have achieved a record market value amid optimism about their use in cross-border payments. The market capitalization for the digital, dollar-pegged currencies has jumped...

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Private Sector Will Pave Path for X-Border Payments Transformation
Private Sector Will Pave Path for X-Border Payments Transformation
November 26, 2024  |  Cross Border Commerce

The Treasury Department is pushing for frameworks and international standards for cross-border transactions — because if those foundations are not in place, risks abound. And,...

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HSBC Launches Platform for Managing Domestic and International Business Payments
HSBC Launches Platform for Managing Domestic and International Business Payments
November 26, 2024  |  B2B Payments

HSBC has launched a platform for managing domestic and international business payments. The new Smart Transact provides a single platform that lets businesses manage their...

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Treasury Official: US Promotes Innovation and Regulatory Frameworks for Cross-Border Payments
Treasury Official: US Promotes Innovation and Regulatory Frameworks for Cross-Border Payments
November 22, 2024  |  Cross-border Payments

The U.S. is working to keep the dollar as the dominant currency in global usage at a time when new cross-border payment arrangements are emerging, Department...

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Mastercard and J.P. Morgan Partner on Blockchain-Based B2B Payments
Mastercard and J.P. Morgan Partner on Blockchain-Based B2B Payments
November 21, 2024  |  Blockchain

Complexity is frequently the default setting for business-to-business (B2B) payments, particularly cross-border ones. But the industry is moving toward greater simplicity and automation with the...

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This Week in Web3: Understanding Blockchain Solutions for Business Challenges
This Week in Web3: Understanding Blockchain Solutions for Business Challenges
November 20, 2024  |  Blockchain

At its core, blockchain is a distributed ledger technology (DLT) that records transactions across multiple computers in a secure, immutable and transparent manner. Unlike traditional...

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India Expanding X-Border Payment Connections With Neighbors
India Expanding X-Border Payment Connections With Neighbors
November 20, 2024  |  Cross Border Commerce

India’s central bank says the country is making mobile payment links with several countries. Reserve Bank of India (RBI) Deputy Governor T Rabi Sankar discussed those...

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Citi Sees Blockchain at Center of Borderless Commerce Initiative
Citi Sees Blockchain at Center of Borderless Commerce Initiative
November 20, 2024  |  Blockchain

If the payments landscape had a holy grail, it would be seamless cross-border payments. Unlike domestic payments, which are shifting toward a real-time, 24/7 model,...

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PayPal’s Xoom Begins Settling Cross-Border Payments with Stablecoin
PayPal’s Xoom Begins Settling Cross-Border Payments with Stablecoin
November 19, 2024  |  Cross-border Payments

PayPal will begin letting its disbursement partners use PayPal USD to settle cross-border money transfers. The new service will be offered through PayPal’s Xoom cross-border...

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