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)

Three-Day Weekends Are Relaxing — Three-Plus Days for Sending Cross-Border Payments Is Anything But
Three-Day Weekends Are Relaxing — Three-Plus Days for Sending Cross-Border Payments Is Anything But
May 26, 2023  |  Cross-border Payments

—Cross-border transactions are growing rapidly, thanks to digital transformations and new international settlement rails. But there still exist a host of international payment frustrations and...

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India’s XFlow Raises $10.2 Million to Expand Cross-Border Payments Solution
India’s XFlow Raises $10.2 Million to Expand Cross-Border Payments Solution
May 26, 2023  |  Investments

XFlow has raised $10.2 million in a pre-Series A round to expand its cross-border payments solutions. The India-based financial services and infrastructure firm will use the...

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Money Transfer Firm Instant Cash Receives License From UAE Central Bank
Money Transfer Firm Instant Cash Receives License From UAE Central Bank
May 25, 2023  |  Mobile Payments

Instant Cash has received a license from the Central Bank of the United Arab Emirates (CBUAE). With this Retail Payment Services and Card Scheme Regulation...

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Digital Wallets and Networks Shake Up the $630 Billion Global Remittance Market
Digital Wallets and Networks Shake Up the $630 Billion Global Remittance Market
May 25, 2023  |  Payment Methods

The global remittance market — where hundreds of billions of dollars flow across borders annually — is being reshaped by digital disruption. Late last year,...

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CellPoint Digital and Xcaret Team on Payments Orchestration
CellPoint Digital and Xcaret Team on Payments Orchestration
May 23, 2023  |  Travel Payments

CellPoint Digital has teamed with Mexico’s Grupo Xcaret to streamline travel payments. “With nearly 40 million foreign tourists expected to visit Mexico in 2023, having a secure,...

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Global Travel Rebound Calls for Fully Integrated, Fraud-Proof Payment Solutions
Global Travel Rebound Calls for Fully Integrated, Fraud-Proof Payment Solutions
May 23, 2023  |  Travel Payments

The international travel bounce-back continues, flying in the face of sky-high airfares and hotel costs, and making a strong case for travel merchants to up...

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Tranglo and LuLu Money Partner on Cross-Border Payouts
Tranglo and LuLu Money Partner on Cross-Border Payouts
May 22, 2023  |  Partnerships

Tranglo and LuLu Money have partnered on cross-border payouts. This collaboration will bring together the capabilities of Tranglo’s cross-border payment hub and LuLu Financial Holdings’...

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ACI Worldwide Launches New Solution for Low-Value Cross-Border Payments
ACI Worldwide Launches New Solution for Low-Value Cross-Border Payments
May 22, 2023  |  Cross-border Payments

ACI Worldwide has launched a new solution for sending low-value cross-border, real-time payments. The provider of real-time payments software has added Swift Go to its cross-border payments offering,...

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NY Fed Teams With Singapore on Multicurrency Cross-Border CBDC Project
NY Fed Teams With Singapore on Multicurrency Cross-Border CBDC Project
May 19, 2023  |  CBDC

Cross-border payments are a major railway for facilitating the functioning of the global economy. Yet they face significantly greater challenges including slower speeds, more restricted...

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