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 CEO: Bringing Global Citizens Into The Connected Economy

Western Union CEO: Bringing Global Citizens Into The Connected Economy
Western Union CEO: Bringing Global Citizens Into The Connected Economy
July 19, 2021  |  Commerce Connected

In 2020, approximately 250 million migrant workers worldwide collectively sent $702 billion in remittances back to family and friends in their home countries every week...

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Revolut’s $33B Valuation Reflects The Promise Of Open Banking
Revolut’s $33B Valuation Reflects The Promise Of Open Banking
July 18, 2021  |  Banking

Valuation is a curious business.  A company goes and raises capital — to grow, to invest, to put in the till for the proverbial rainy...

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Collaborators Boost Payment Rails’ Cross-Border Capabilities
Collaborators Boost Payment Rails’ Cross-Border Capabilities
July 15, 2021  |  B2B Payments

To accelerate and streamline cross-border payments, creating new global infrastructure from scratch isn’t always the most feasible option. This week’s Payment Rail Innovators look to...

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Report: APIs Reduce Compliance Frictions For Cross-Border Merchants
Report: APIs Reduce Compliance Frictions For Cross-Border Merchants
July 15, 2021  |  Cross-border Payments

The international eCommerce space has flourished since March 2020. Consumers around the globe have been shifting to shopping and transacting online, giving eTailers all-new opportunities...

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BIS Report: CBDCs Can Cut Cross-Border Payments’ Friction Points
BIS Report: CBDCs Can Cut Cross-Border Payments’ Friction Points
July 12, 2021  |  Cryptocurrency

For central bank digital currencies to reach their full potential, banks must look beyond domestic use — and examine CBDCs’ risks and rewards for cross-border...

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Brookings Institution On The Benefits Of Real-Time Payments For Underbanked Americans
Brookings Institution On The Benefits Of Real-Time Payments For Underbanked Americans
July 08, 2021  |  Real-Time Payments

Underbanked households are often forced to tap predatory lending options when they fall behind on everyday payments, but access to real-time payments can help, says...

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Wise IPO Maps The Digital Transformation Of X-Border Money Movement
Wise IPO Maps The Digital Transformation Of X-Border Money Movement
July 07, 2021  |  Cross-border Payments

In an age of stock market debuts across various verticals and listing types, Wise (formerly TransferWise) stands out across the Pond. Get the Full Story...

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Localized Payments Woo Cross-Border Luxury Shoppers
Localized Payments Woo Cross-Border Luxury Shoppers
July 07, 2021  |  Consumer 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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