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)

Will CBDCs Be a Game-Changer for Cross-Border Remittances?
Will CBDCs Be a Game-Changer for Cross-Border Remittances?
August 04, 2023  |  Connected Economy

Cross-border remittances — where hundreds of billions of dollars flow internationally, typically as individuals send money home to friends and family — may be ripe...

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Digital Dollar Project: CBDCs Can Help the Unbanked
Digital Dollar Project: CBDCs Can Help the Unbanked
August 03, 2023  |  CBDC

Could a central bank digital currency (CBDC) help America’s unbanked population? It appears that way, according to a new report by the Digital Dollar Project...

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ACI Worldwide: US to See ‘Fourfold’ Increase in Real-Time Payments
ACI Worldwide: US to See ‘Fourfold’ Increase in Real-Time Payments
August 03, 2023  |  Earnings

With the expanded use of the new FedNow service, real-time payments software company ACI Worldwide expects to see instant payments use rapidly grow in the U.S. “We’re...

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MercadoLibre Eyes Digitizing Mexico’s Cash Economy Amid Record Growth
MercadoLibre Eyes Digitizing Mexico’s Cash Economy Amid Record Growth
August 03, 2023  |  Earnings

Latin American eCommerce platform MercadoLibre highlighted record growth in the second quarter of 2023, driven primarily by sales growth and cost efficiencies. Net revenue grew 57.2% year...

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Payments Tech Helps Online Sellers Go Global, Play Like Locals
Payments Tech Helps Online Sellers Go Global, Play Like Locals
August 02, 2023  |  Cross-border Payments

The digital, connected economy knows no borders. The movement of money, however, is increasingly aware of them. Whether a company is already transacting internationally, or...

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Mastercard: Click to Pay Transactions Surge 70% Over Last Year’s Levels
Mastercard: Click to Pay Transactions Surge 70% Over Last Year’s Levels
July 27, 2023  |  Mastercard

New payment flows and Click to Pay transactions surged for Mastercard in the second quarter of 2023 as consumers and businesses continued to turn to digital channels as their...

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Visa Direct Transactions Soar 20% as P2P and B2B Use Cases Gain Ground
Visa Direct Transactions Soar 20% as P2P and B2B Use Cases Gain Ground
July 25, 2023  |  Earnings

Visa’s fiscal third-quarter results show traction in new payment flows and management pointed toward resilient customer spending. The payment networks’ most recent results show that overall payments...

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Corpay’s X-Border Business Launches Internal Invoicing Solution
Corpay’s X-Border Business Launches Internal Invoicing Solution
July 25, 2023  |  B2B Payments

Corpay’s cross-border business has launched a tool that automates and streamlines the settlement of internal invoices for corporations that have global subsidiaries. The new Netting Manager enables...

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Spend Platform Brex Taps Airwallex as It Plans Global Expansion
Spend Platform Brex Taps Airwallex as It Plans Global Expansion
July 19, 2023  |  Spend Management

Payments platform Airwallex says it is helping FinTech Brex with its worldwide expansion. “In today’s economic climate, every business is navigating two competing interests: expanding...

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