Source: kantox.com
China’s central bank is reportedly asking lenders to use more yuan in cross-border transactions. The People’s Bank of China has increased the base ratio for...
It could soon cost more for migrants in the U.S. to send money back home. As the Financial Times (FT) reported Sunday (May 25), that’s...
Global payment infrastructure firm Trans-Fi has launched a unified platform called BizPay that enables instant, compliant cross-border transactions with more than 250 payment methods across more than...
Malaysia-based CIMB Bank has selected ACI Worldwide’s payment solution to bring together all account-to-account (A2A) transactions on a single platform. The platform will include automated clearing house...
Payments bank Banking Circle launched a partnership with Visa’s Visa Direct. This collaboration lets Visa Direct access Banking Circle’s “extensive” local clearing rails around the...
OpenFX has emerged from stealth and announced that it raised $23 million in initial funding for its real-time cross-border payments platform and settlement network. The...
The Circle Payments Network (CPN) announced in April is now live, Circle said in a Wednesday (May 21) blog post. Designed to facilitate the use...
Saudi Arabia is emerging as a focal point in cross-border payments thanks to the rise of digital wallets. The PYMNTS Intelligence report “Global Money Movement:...
For untold decades, global trade has run on an unlikely fuel: paperwork. And for an equal amount of decades, trade finance, which hinges on mitigating...