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

Treasurers Beware: FX Risk Is Not What It Used To Be

Treasurers Beware: FX Risk Is Not What It Used To Be
Treasurers Beware: FX Risk Is Not What It Used To Be
March 26, 2019  |  Cross Border Commerce

Globalization and easing barriers to international expansion aren’t simply changing the way corporates manage foreign exchange exposure. For many firms, these trends are forcing the...

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Six Spanish Banks Join SWIFT gpi For Cross-Border Payments
Six Spanish Banks Join SWIFT gpi For Cross-Border Payments
March 21, 2019  |  Faster Payments

SWIFT announced Thursday (March 21) that six Spanish banks, representing 85 percent of the cross-border payments market in Spain, have adopted SWIFT global payments innovation...

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InstaReM Raises $41M To Expand Into Latin America
InstaReM Raises $41M To Expand Into Latin America
March 19, 2019  |  Investments

InstaReM, the Singapore FinTech startup that enables banks and consumers to send money across borders, raised $41 million in venture funding. Get the Full Story...

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Citi Cancels Plans For Cryptocurrency
Citi Cancels Plans For Cryptocurrency
March 18, 2019  |  Cryptocurrency

JPMorgan Chase isn’t the only bank that has been working on a cryptocurrency. Citigroup was as well, but ultimately decided to scrap it instead of bringing...

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Citi: Global Payments In Crosshairs Of Treasurers’ Biggest Challenges
Citi: Global Payments In Crosshairs Of Treasurers’ Biggest Challenges
March 14, 2019  |  B2B Payments

Volatile times make for sleepless nights for corporate executives, particularly those whose job it is to manage the cash positions of their organizations. For corporate...

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UPI, NIBank Partner For Latin American Payment Solutions
UPI, NIBank Partner For Latin American Payment Solutions
March 12, 2019  |  Payment Methods

UnionPay International (UPI), a cross-border payments company based in China, has signed an agreement with Latin American bank NIBank to bring payment solutions, including prepaid...

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Western Union Links Puerto Rico Entrepreneurs To Cross-Border Payments
Western Union Links Puerto Rico Entrepreneurs To Cross-Border Payments
March 12, 2019  |  B2B Payments

Western Union (WU) is bridging small businesses (SMBs) and entrepreneurs in Puerto Rico to cross-border payment services, the financial institution (FI) said on Monday (March 11)....

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Corporates Keep Coffers Open To Blockchain
Corporates Keep Coffers Open To Blockchain
March 11, 2019  |  B2B Payments

Businesses continue to invest in blockchain technology as more service providers, particularly in the finance arena, pull their distributed ledger innovations out of beta and...

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Why Accounts Payable Is A Cross-Border Payments Afterthought
Why Accounts Payable Is A Cross-Border Payments Afterthought
March 11, 2019  |  B2B Payments

The prospect of global growth is an exhilarating one for companies. What may have started out as a one-person operation is now expanding fast enough...

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