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)

Hong Kong and Thailand Unveil Cross-Border QR Code Payment System
Hong Kong and Thailand Unveil Cross-Border QR Code Payment System
December 04, 2023  |  Cross Border Commerce

Hong Kong and Thailand are bridging the gap between their economies. The two countries launched a new cross-border QR code payment system, known as the...

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From Innovation to Impact: 2024 Will Revolutionize Cross-Border B2B Payments 
From Innovation to Impact: 2024 Will Revolutionize Cross-Border B2B Payments 
December 04, 2023  |  Cross-border Payments

Money movement makes the world go ‘round.  But moving money around the world has historically challenged organizations looking to expand internationally and do more business...

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Swift Launches Cross-Border Instant Payments
Swift Launches Cross-Border Instant Payments
November 30, 2023  |  Cross-border Payments

Global messaging platform Swift says cross-border payments to Europe can reach their destination in seconds. That’s due to this week’s launch of the European Payment...

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Cross-Border Payments Complexities Force Focus on ‘Customer Experience,’ Says Citi
Cross-Border Payments Complexities Force Focus on ‘Customer Experience,’ Says Citi
November 30, 2023  |  Cross-border Payments

The promise of embedding payments in cross-border commerce is a multitrillion-dollar opportunity, Amit Agarwal, Global Co-Head of Payments and Receivables, Treasury and Trade Solutions (TTS)...

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Paysend Raises $65 Million and Teams With TelevisaUnivision
Paysend Raises $65 Million and Teams With TelevisaUnivision
November 29, 2023  |  Investments

Money transfer FinTech Paysend has raised $65 million in a new funding round. The round, announced Wednesday (Nov. 29), follows Paysend’s recent partnership with Mastercard, which allows the company to enhance cross-border...

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IMF, World Bank and BIS Collaborating on Uses of Tokenization
IMF, World Bank and BIS Collaborating on Uses of Tokenization
November 28, 2023  |  Payments Innovation

The International Monetary Fund (IMF), the World Bank and the Bank for International Settlements (BIS) have reportedly joined forces to explore the concept of tokenization. This collaboration aims to leverage tokenization...

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Virtual Card Solutions Make Digital Payments Better for African Travelers
Virtual Card Solutions Make Digital Payments Better for African Travelers
November 27, 2023  |  Travel Payments

Digital payments have reshaped the way travelers manage money, rendering the traditional reliance on cash or traveler’s checks a thing of the past. Today, it’s...

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How the Cloud Streamlines Cross-Border B2B Payments
How the Cloud Streamlines Cross-Border B2B Payments
November 22, 2023  |  B2B Payments

Cloud-based innovations are at the forefront of leveling the playing field for international commercial transactions. That’s why PYMNTS sat down with Paul Chang, Head of Payment...

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Mastercard Joint Venture Gets Approval for Domestic Bank Card Clearing in China
Mastercard Joint Venture Gets Approval for Domestic Bank Card Clearing in China
November 20, 2023  |  Mastercard

A Mastercard joint venture (JV) entity received formal approval from the People’s Bank of China (PBOC) and the National Administration of Financial Regulation (NAFR) to...

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