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

FSB: No Govt Contracts For Big UK Firms That Pay Late

FSB: No Govt Contracts For Big UK Firms That Pay Late
FSB: No Govt Contracts For Big UK Firms That Pay Late
October 23, 2018  |  B2B Payments

In the U.K., a group representing small businesses said larger firms that are late payers should not get government business. Separately, Sears' bankruptcy filing dominates headlines...

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When Commerce Goes Global, Should Payments Stay Local?
When Commerce Goes Global, Should Payments Stay Local?
October 23, 2018  |  eCommerce

In eCommerce, the readiness is all, to steal a line from Shakespeare. Merchants who have made the leap from bricks and mortar to clicks here in...

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Five At Five: Facebook Wants To Buy More Cybersecurity
Five At Five: Facebook Wants To Buy More Cybersecurity
October 22, 2018  |  News

Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes the latest way that Facebook could boost...

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Faster Remittances App Uses Visa APIs, Takes Money20/20 Grand Prize
Faster Remittances App Uses Visa APIs, Takes Money20/20 Grand Prize
October 22, 2018  |  Digital Payments

An app designed to speed up the remittance process, designed via Visa APIs, has taken a top honor at Money20/20 in Las Vegas. The win comes as instant...

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SWIFT Launches Payment Controls To Beef Up Protections
SWIFT Launches Payment Controls To Beef Up Protections
October 22, 2018  |  Security & Fraud

SWIFT announced Monday (October 22) the launch of Payment Controls, a new in-network solution to combat fraudulent payments and to help strengthen customers’ existing security....

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SWIFT Successfully Tests Instant X-Border Payments
SWIFT Successfully Tests Instant X-Border Payments
October 22, 2018  |  Cross Border Commerce

SWIFT announced Sunday (October 21) successful test results of its new instant cross-border payments proof of concept, involving banks in China, Singapore, Thailand and Australia....

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SWIFT Exit For Iran As Sanctions Loom?
SWIFT Exit For Iran As Sanctions Loom?
October 18, 2018  |  B2B Payments

SWIFT controversy over the messaging system’s place on the world stage continues, and U.S. sanctions toward Iran loom. Elsewhere, digital payments are on the rise, and...

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Flywire Streamlines Indian Cross-Border Tuition Payments
Flywire Streamlines Indian Cross-Border Tuition Payments
October 16, 2018  |  Partnerships / Acquisitions

Flywire, a company that solves payment problems for businesses and institutions, announced Tuesday (Oct. 16) that it has launched a simpler way for students in India...

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PPRO: US Merchants Behind In X-Border eCommerce
PPRO: US Merchants Behind In X-Border eCommerce
October 16, 2018  |  Global Payments

PPRO Group, the global cross-border ePayment company, along with Edgar, Dunn & Company, announced on Tuesday (Oct. 16) that new data shows U.S. merchants are...

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