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)

Circle Says Lack of Direct EMI Access to EU Central Bank Accounts Stifles Payments Innovation
Circle Says Lack of Direct EMI Access to EU Central Bank Accounts Stifles Payments Innovation
May 19, 2023  |  Cryptocurrency

To access central bank accounts in the European Union (EU) today, electronic money token (EMT) issuers, and by extension all electronic money institutions (EMIs), have...

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MODIFI and Airwallex Create Cross-Border Payment Tool for Chinese Exporters
MODIFI and Airwallex Create Cross-Border Payment Tool for Chinese Exporters
May 18, 2023  |  B2B Payments

MODIFI and Airwallex have partnered to facilitate cross-border payments and financing for Chinese exporters. This collaboration brings together MODIFI’s global commerce platform for business payments and Airwallex’s global...

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PayPal Weighs Sale of Cross-Border Business Xoom
PayPal Weighs Sale of Cross-Border Business Xoom
May 17, 2023  |  Cross-border Payments

PayPal is reportedly mulling a sale for its cross-border payment unit Xoom. The digital payments company has been working “on the sales process in recent months,” and...

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Ripple Buys Crypto Custody Firm Metaco for $250 Million and Expands to Tokenization
Ripple Buys Crypto Custody Firm Metaco for $250 Million and Expands to Tokenization
May 17, 2023  |  Cryptocurrency

Enterprise crypto company Ripple has acquired Swiss digital asset custody provider Metaco for $250 million.  The deal, announced Wednesday (May 17), will help Ripple tap into an institutional crypto custody market...

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Zimpler Launches Instant Cross-Border Payouts for Eurozone Countries
Zimpler Launches Instant Cross-Border Payouts for Eurozone Countries
May 15, 2023  |  Faster Payments

Zimpler has launched instant cross-border payouts for the 20 eurozone countries. The new account-to-account (A2A) payment solution is available for both B2C and B2B clients and...

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How a 190-Year-Old UK Bank Is Reimagining Payments
How a 190-Year-Old UK Bank Is Reimagining Payments
May 15, 2023  |  Cross-border Payments

Slow processing times, high banking fees, and complex and overlapping regulatory requirements continue to create pain points for individuals sending and receiving remittances worldwide. And...

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Ahrvo Labs Launches Cross-Border Open Banking Platform Supporting 185 Currencies
Ahrvo Labs Launches Cross-Border Open Banking Platform Supporting 185 Currencies
May 12, 2023  |  B2B Payments

Ahrvo Labs has launched a platform that allows any authenticated bank account to be used for cross-border transactions. The company’s new Cross-Border Open Banking platform...

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Paysend Launches Cross-Border Payments Solution for Small Businesses in US
Paysend Launches Cross-Border Payments Solution for Small Businesses in US
May 11, 2023  |  Cross-border Payments

Paysend has launched its cross-border payments solution for small businesses in the United States. The expanded availability of Paysend Business follows its successful implementation in the United Kingdom in 2022,...

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Ripple Makes Case for Crypto B2B Payments
Ripple Makes Case for Crypto B2B Payments
May 11, 2023  |  Cryptocurrency

Cryptocurrency’s shiny object appeal has been dulled by ongoing industry turmoil and regulatory scrutiny. But digital assets have always served as a lightning rod for...

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