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)

Afreximbank Expects Up to 20 Countries to Use Pan-African Payment System by Year’s End
Afreximbank Expects Up to 20 Countries to Use Pan-African Payment System by Year’s End
June 18, 2023  |  Cross-border Payments

As many as 20 countries may be part of a pan-African payment system by the end of the year. African Export-Import Bank (Afreximbank) President Benedict Oramah said the...

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Visa and Sunrate Team on X-Border Business Payments
Visa and Sunrate Team on X-Border Business Payments
June 15, 2023  |  Cross-border Payments

Visa and payment and treasury management platform Sunrate have teamed to boost its cross-border payment offerings. The partnership allows Sunrate customers to send and receive money...

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42.5% of Organizations Hiring Cross-Border Have Much Friction Paying International Workers
42.5% of Organizations Hiring Cross-Border Have Much Friction Paying International Workers
June 14, 2023  |  Payroll

When hiring and paying workers cross-border, companies can face payment hurdles and other barriers making the process more difficult, often requiring the use of specialized...

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Will SEC Suit Against Coinbase Land Heads or Tails for Crypto?
Will SEC Suit Against Coinbase Land Heads or Tails for Crypto?
June 09, 2023  |  Legal

There are over 10,000 cryptocurrencies, and the Securities and Exchange Commission (SEC) can’t sue them all. But the U.S. regulator can, in essence, jump the queue by...

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AI Is Only as Good as the Datasets They Access, Says Deutsche Bank
AI Is Only as Good as the Datasets They Access, Says Deutsche Bank
June 09, 2023  |  artificial intelligence

As the world becomes more interconnected, cross-border payments have never been more important in the banking and finance industry.  However, the current system can be...

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How Blockchain and Digital Assets Can Free Up Capital Trapped in Cross-Border Treasury Flows
How Blockchain and Digital Assets Can Free Up Capital Trapped in Cross-Border Treasury Flows
June 09, 2023  |  Cryptocurrency

Payments as we know them today involve unnecessary pain points, dysfunction and archaic technology. Blockchain and digital asset technology have the potential to transform and...

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Thunes Raises $60 Million to Scale Cross-Border Payments
Thunes Raises $60 Million to Scale Cross-Border Payments
June 06, 2023  |  Investments

Payment infrastructure platform Thunes has raised $60 million to expand into new markets. The Singapore-based company announced the conclusion of its Series C funding round...

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Adyen Launches Payout Services to Provide Faster Global Payments
Adyen Launches Payout Services to Provide Faster Global Payments
June 01, 2023  |  Faster Payments

Adyen, the financial technology platform that powers the likes of Facebook, Uber, H&M, eBay, and Microsoft, has launched its Payout Services. This offering allows Adyen...

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Dublin-Headquartered NomuPay Raises $53.6 Million to Expand X-Border Payment Platform
Dublin-Headquartered NomuPay Raises $53.6 Million to Expand X-Border Payment Platform
May 31, 2023  |  Investments

Dublin-headquartered NomuPay has raised $53.6 million to expand its cross-border payment platform. NomuPay’s Unified Payments Platform is built for regions seeing high growth in cross-border and eCommerce and currently...

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