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

Western Union Partners With African Banks for Easy Cross-Border Transfers

Western Union Partners With African Banks for Easy Cross-Border Transfers
Western Union Partners With African Banks for Easy Cross-Border Transfers
September 30, 2021  |  Cross-border Payments

Western Union is teaming up with major financial institutions (FIs) in Africa to make digital cross-border money transfers and bill payments faster and easier, according...

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CBDCs Lower Costs and Settlement Times for X-Border Payments 
CBDCs Lower Costs and Settlement Times for X-Border Payments 
September 30, 2021  |  Cross-border Payments

For central bank digital currencies (CBDCs), time is of the essence. Literally. Get the Full Story Complete the form to unlock this article and enjoy...

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Crypto-Based Remittances on the Rise; Nigeria Leads the African Pack
Crypto-Based Remittances on the Rise; Nigeria Leads the African Pack
September 28, 2021  |  Cryptocurrency

From in-person retail to digital options, the decade-long shift in how consumers send money abroad has expanded possibilities for cross-border remittances, and people are now...

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Europe’s New Cross-Border Tax Rules Are Coming and Cloud-Compliance Is Key
Europe’s New Cross-Border Tax Rules Are Coming and Cloud-Compliance Is Key
September 27, 2021  |  Taxes

It’s often said that “nothing is certain but death and taxes” – but that quip could also include changes in tax laws, as the revisions...

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Remitly Starts Trading on Nasdaq With $43 Share Price at $7B Valuation
Remitly Starts Trading on Nasdaq With $43 Share Price at $7B Valuation
September 23, 2021  |  IPO

Global remittance startup Remitly is set to begin trading on the Nasdaq on Thursday (Sept. 23) under the ticker RELY with a per-share price of...

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Duplicate Financing Fraud Faces New Foe That Sheds Light on an Elusive Thief
Duplicate Financing Fraud Faces New Foe That Sheds Light on an Elusive Thief
September 22, 2021  |  Payment Methods

In trade finance on a global level, there’s a form of fraud known to exist but is hard to quantify because it’s only discovered when...

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Average US Firm Waits 33 Days to Receive Cross-Border Payments, Data Show 
Average US Firm Waits 33 Days to Receive Cross-Border Payments, Data Show 
September 16, 2021  |  B2B Payments

While one-touch digital payments and other rapid solutions have become table stakes on the consumer side of commerce, businesses continue to be weighed down by...

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The European Payments Initiative: Laying the Infrastructure for Europe’s Super Payments App
The European Payments Initiative: Laying the Infrastructure for Europe’s Super Payments App
September 14, 2021  |  Payment Methods

Across Europe — 44 countries, dozens of languages, myriad ways to pay — cross-border, cross-functional infrastructure could eventually give rise to a “super app.” Get...

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For Brazil-based Businesses, It’s a Good Time to Expand to US, But Not an Easy One
For Brazil-based Businesses, It’s a Good Time to Expand to US, But Not an Easy...
September 10, 2021  |  Cross-border Payments

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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