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

UK’s Regulator to Cap Cross-Border Interchange Fees
UK’s Regulator to Cap Cross-Border Interchange Fees
December 13, 2024  |  Credit Cards

The United Kingdom’s Payment Systems Regulator (PSR) proposed a price cap on cross-border interchange fees and is seeking comment on the level at which the...

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Currency Matching Innovations Unlock Competitive Advantages in Cross-Border B2B Payments
Currency Matching Innovations Unlock Competitive Advantages in Cross-Border B2B Payments
December 12, 2024  |  Cross-border Payments

In cross-border payments, getting paid isn’t just a matter of when — it’s a matter of how. News broke onWednesday (Dec. 11) that financial platform...

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Loop Launches Multicurrency Corporate Credit Card for Canadian Small Businesses
Loop Launches Multicurrency Corporate Credit Card for Canadian Small Businesses
December 11, 2024  |  SMBs

Global financial platform Loop launched a corporate credit card solution for Canadian small- to medium-sized businesses (SMBs) that manage cross-border purchasing. Launched in collaboration with...

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Banks Eye Stablecoins to Accelerate Cross-Border Innovation
Banks Eye Stablecoins to Accelerate Cross-Border Innovation
December 09, 2024  |  Cross-border Payments

Few bottlenecks across the payments landscape have been more intractable than that of cross-border payments. But with the news Thursday (Dec. 5) that the U.S. licensed...

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Banks Fight Back: How Cross-Border Technology Is Challenging FinTech Disruptors
Banks Fight Back: How Cross-Border Technology Is Challenging FinTech Disruptors
December 09, 2024  |  Cross-border Payments

Global financial messaging network Swift said earlier this year that it was working with 25 financial institutions (FIs) and application providers on a “proof of...

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Swift: 1 Million ISO 20022-Formatted Messages Being Sent Daily
Swift: 1 Million ISO 20022-Formatted Messages Being Sent Daily
December 06, 2024  |  Payment Methods

With one year to go before the deadline to move to ISO 20022 for cross-border payments and reporting plus (CBPR+), more than 1 million ISO 20022-formatted...

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Nuvei Launches Blockchain-Based Solution for Cross-Border B2B Payments
Nuvei Launches Blockchain-Based Solution for Cross-Border B2B Payments
December 04, 2024  |  B2B Payments

Nuvei has launched a blockchain-based payment solution for merchants across Latin America, saying it enables these businesses to make faster cross-border B2B payments and settlements....

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Compliance Divides Stablecoin Market: Why CFOs and Treasury Teams Should Care
Compliance Divides Stablecoin Market: Why CFOs and Treasury Teams Should Care
December 03, 2024  |  Blockchain

Regulatory clarity sits at the center of the convergence of crypto and traditional finance. And, from the point of view of payments professionals, CFOs and...

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ISO Format Credited as Clearing House Settles Record $2.6 Trillion on Black Friday
ISO Format Credited as Clearing House Settles Record $2.6 Trillion on Black Friday
December 02, 2024  |  Consumer Payments

The Clearing House says its clearing/settlement system handled a record number of Black Friday transactions. The organization’s CHIPS network settled and cleared 1,083,550 payments valued...

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