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

What Does Innovation Mean For Financial Institutions?

What Does Innovation Mean For Financial Institutions?
What Does Innovation Mean For Financial Institutions?
September 25, 2019  |  Innovation

Innovation can be a blanket term in the banking world. Is artificial intelligence (AI) for anti-money laundering (AML) compliance innovation? Is real-time global payments expanding...

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Western Union Says New Platform Strategy To Drive Growth, Higher Margins
Western Union Says New Platform Strategy To Drive Growth, Higher Margins
September 24, 2019  |  Payment Methods

Western Union Company is meeting with investors and analysts about strategy updates and its three-year financial outlook, the company said in a press release on...

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Splitit Launches B2B Installment Repayment Platform
Splitit Launches B2B Installment Repayment Platform
September 24, 2019  |  B2B Payments

Monthly installment payment solution provider Splitit is rolling out a B2B payments service offering, the company said Monday (Sept. 23) in a press release. Get...

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SWIFT Loops gpi Into Existing Rails For Global Payments
SWIFT Loops gpi Into Existing Rails For Global Payments
September 24, 2019  |  B2B Payments

Build or borrow? For today’s payment service providers, accelerating payments across borders means either developing new infrastructure, or making use of existing rails, to move...

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Infosys Finacle Completes Trade Finance Trial With R3
Infosys Finacle Completes Trade Finance Trial With R3
September 24, 2019  |  B2B Payments

Infosys subsidiary Infosys Finacle has announced the completion of a five-week trial of its trade finance solution using R3 blockchain technology. Get the Full Story...

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Fedwire’s ISO 20022 Migration Delayed By Federal Reserve Bank 
Fedwire’s ISO 20022 Migration Delayed By Federal Reserve Bank 
September 23, 2019  |  Digital Banking

The phase 1 implementation of the ISO 20022 migration strategy that was scheduled for November 2020 is being postponed by the Federal Reserve Bank, the...

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Visa B2B Connect Live In 62 Countries, Adds Infosys As Integration Partner
Visa B2B Connect Live In 62 Countries, Adds Infosys As Integration Partner
September 20, 2019  |  B2B Payments

Visa announced today that Visa B2B Connect is live in 62 countries, and has added Infosys as a new integration partner. Ahead of the announcement,...

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ADB Warns Of ‘Digital Poverty’ Hampering Trade Finance
ADB Warns Of ‘Digital Poverty’ Hampering Trade Finance
September 19, 2019  |  B2B Payments

The Asian Development Bank, which ramped up the trade finance industry’s focus on broadening access to small businesses after releasing a report that estimated the...

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TransferWise Reports 66 Pct. Profit Growth YOY
TransferWise Reports 66 Pct. Profit Growth YOY
September 18, 2019  |  International

TransferWise, one of Europe’s top five FinTech startups, announced profits for the third fiscal year in a row, with revenue after taxes 66 percent higher...

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