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

Treasury Official: US Promotes Innovation and Regulatory Frameworks for Cross-Border Payments
Treasury Official: US Promotes Innovation and Regulatory Frameworks for Cross-Border Payments
November 22, 2024  |  Cross-border Payments

The U.S. is working to keep the dollar as the dominant currency in global usage at a time when new cross-border payment arrangements are emerging, Department...

READ MORE >
Mastercard and J.P. Morgan Partner on Blockchain-Based B2B Payments
Mastercard and J.P. Morgan Partner on Blockchain-Based B2B Payments
November 21, 2024  |  Blockchain

Complexity is frequently the default setting for business-to-business (B2B) payments, particularly cross-border ones. But the industry is moving toward greater simplicity and automation with the...

READ MORE >
This Week in Web3: Understanding Blockchain Solutions for Business Challenges
This Week in Web3: Understanding Blockchain Solutions for Business Challenges
November 20, 2024  |  Blockchain

At its core, blockchain is a distributed ledger technology (DLT) that records transactions across multiple computers in a secure, immutable and transparent manner. Unlike traditional...

READ MORE >
India Expanding X-Border Payment Connections With Neighbors
India Expanding X-Border Payment Connections With Neighbors
November 20, 2024  |  Cross Border Commerce

India’s central bank says the country is making mobile payment links with several countries. Reserve Bank of India (RBI) Deputy Governor T Rabi Sankar discussed those...

READ MORE >
Citi Sees Blockchain at Center of Borderless Commerce Initiative
Citi Sees Blockchain at Center of Borderless Commerce Initiative
November 20, 2024  |  Blockchain

If the payments landscape had a holy grail, it would be seamless cross-border payments. Unlike domestic payments, which are shifting toward a real-time, 24/7 model,...

READ MORE >
PayPal’s Xoom Begins Settling Cross-Border Payments with Stablecoin
PayPal’s Xoom Begins Settling Cross-Border Payments with Stablecoin
November 19, 2024  |  Cross-border Payments

PayPal will begin letting its disbursement partners use PayPal USD to settle cross-border money transfers. The new service will be offered through PayPal’s Xoom cross-border...

READ MORE >
Solvento Eyes AI-Driven Financial Platform for Mexico’s Trucking Industry
Solvento Eyes AI-Driven Financial Platform for Mexico’s Trucking Industry
November 19, 2024  |  Transportation

If the pandemic taught merchants anything, it’s that supply chains are only as strong as their weakest link — and trucking carriers are among the...

READ MORE >
Corpay Renews FX Payments Pact With World Aquatics
Corpay Renews FX Payments Pact With World Aquatics
November 18, 2024  |  Partnerships

Corpay is extending a payments partnership with international aquatic sports governing body World Aquatics. The agreement will see Corpay’s cross-border business continue to serve as...

READ MORE >
Spanish Banking Community Joins Instant Cross-Border Payments Plan
Spanish Banking Community Joins Instant Cross-Border Payments Plan
November 18, 2024  |  Banking

Spain has become Europe’s first banking market fully connected to the European Payments Council’s One-Leg Out instant payments plan. The country’s banking industry achieved that milestone earlier...

READ MORE >