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

WEX Shutters Consumer Travel Card In Enterprise Refocus
WEX Shutters Consumer Travel Card In Enterprise Refocus
August 19, 2016  |  B2B Payments

The consumer prepaid travel card, My Travel Cash, owned by payments company WEX, will shut down and has stopped taking new customers as WEX plans...

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SWIFT Sets ISO 20022 Sights On High-Value Payments
SWIFT Sets ISO 20022 Sights On High-Value Payments
August 19, 2016  |  B2B Payments

As SWIFT continues to promote the adoption of the ISO 20022 payments messaging standard across financial institutions, the company said it is zeroing in on...

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As SMEs’ X-Border Needs Grow, Can Banks Keep Up?
As SMEs’ X-Border Needs Grow, Can Banks Keep Up?
August 18, 2016  |  B2B Payments

The world market may no longer be in panic mode following the U.K.’s shocking decision to leave the European Union, but the referendum did leave...

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TransferWise Pulls The Enterprise Onto Its Money Transfer Platform
TransferWise Pulls The Enterprise Onto Its Money Transfer Platform
August 17, 2016  |  B2B Payments

U.K. money transfer company TransferWise secured unicorn status earlier this year, and now, the peer-to-peer FinTech firm has a new goal on the horizon. Get the...

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Report Claims UK SMEs Hit By Outlandish X-Border Fees
Report Claims UK SMEs Hit By Outlandish X-Border Fees
August 17, 2016  |  B2B Payments

A new report by cross-border payments company Covercy finds that small businesses in the U.K. are grossly overpaying for their international transactions. Get the Full...

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Blue Marble, World First Streamline Cross-Border Payroll
Blue Marble, World First Streamline Cross-Border Payroll
August 16, 2016  |  B2B Payments

Globalization has given rise to a new specialty among FinTech companies: cross-border payroll. A new partnership in the game will look to streamline this area...

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Takeover To Bring In $7B Of Corporate FX Payments
Takeover To Bring In $7B Of Corporate FX Payments
August 15, 2016  |  B2B Payments

Foreign exchange payments and hedging company Global Reach Partners (GRP) announced the acquisition of FC Exchange, and the takeover will significantly add volume to the amount of...

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Why Canada Is Blockchain’s Biggest Hot Spot
Why Canada Is Blockchain’s Biggest Hot Spot
August 10, 2016  |  B2B Payments

Banks across the globe have invested resources into exploring blockchain technology, and that includes in Canada. But this year, the nation thrust itself into the...

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Misys Places Its Blockchain Bets
Misys Places Its Blockchain Bets
August 04, 2016  |  B2B Payments

With the overexcitement of blockchain technology beginning to quiet down to talk of more practical use cases of the technology, some industry analysts are betting...

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