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)

Nium Looks to Expand in India With Payment Licenses
Nium Looks to Expand in India With Payment Licenses
February 05, 2024  |  Bank Regulation

Nium has received new payments licenses in India as it looks to expand in that country. The Singapore-based real-time payments FinTech announced Monday (Feb. 5) that...

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Ripple Prepares to Expand Payments Business in US
Ripple Prepares to Expand Payments Business in US
February 04, 2024  |  Blockchain

Ripple says it’s planning to expand its payments business in the U.S. Right now, 90% of the blockchain company’s business is based outside the U.S.,...

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New Fund Flows Outpace Card Growth as Payment Networks Eye Open Banking Opportunities
New Fund Flows Outpace Card Growth as Payment Networks Eye Open Banking Opportunities
February 02, 2024  |  Earnings

Beyond the debit and credit card issuance, beyond the consumer spending, the networks see growth ahead underpinned by new payment flows. The recent spate of...

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New Report Examines Impact of Cross-Border Payments on Business Growth
New Report Examines Impact of Cross-Border Payments on Business Growth
January 30, 2024  |  Cross-border Payments

In an era of disruptive technologies, cross-border payments are quietly undergoing a revolution. The emerging paradigm centers around cost-effective, real-time payment options with maximum visibility...

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Airbnb to Raise Guest Service Fees 2% for Cross-Currency Bookings
Airbnb to Raise Guest Service Fees 2% for Cross-Currency Bookings
January 26, 2024  |  Cross-border Payments

Airbnb will add about 2% to its guest service fees when guests pay with a currency different from the one set by the host in their...

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Multicurrency Corporate Cards Help Safeguard Firms Against Losses in Volatile FX Market
Multicurrency Corporate Cards Help Safeguard Firms Against Losses in Volatile FX Market
January 25, 2024  |  Cross-border Payments

Corporate card usage has surged in popularity, especially among small- to medium-sized businesses (SMBs) grappling with inflationary pressures and rising costs.  However, despite this trend,...

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Zilla Pauses BNPL Services, Focuses on International B2B Payments
Zilla Pauses BNPL Services, Focuses on International B2B Payments
January 23, 2024  |  BNPL

Zilla has paused its buy now, pay later (BNPL) services in Nigeria and shifted its focus to a new international B2B payment product called Zillawire....

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ISO 20022 Can Help Solve X-Border ‘Failed Payments’ Frictions, But Challenges Remain
ISO 20022 Can Help Solve X-Border ‘Failed Payments’ Frictions, But Challenges Remain
January 22, 2024  |  Cross Border Commerce

The farther payments travel, the greater the potential is for failure. Cross-border transactions, as they wend their way across currencies and time zones, with any...

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Nukkleus Taps Tantel to Expand Cross-Border B2B Payments in Africa
Nukkleus Taps Tantel to Expand Cross-Border B2B Payments in Africa
January 22, 2024  |  Partnerships

Blockchain/payments firm Nukkleus has teamed with Tantel Group to expand its footprint in Africa. The partnership, which involves Nukkleus’ subsidiary Digital RFQ (DRFQ), will help Nukkleus tap into Africa’s $1.5 trillion B2B...

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