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

OpenFX Acquires Payments Infrastructure Firm Embed

OpenFX Acquires Payments Infrastructure Firm Embed
OpenFX Acquires Payments Infrastructure Firm Embed
June 02, 2026  |  Partnerships

Cross-border payments company OpenFX is set to acquire Dutch payments infrastructure business Embed. The deal gives OpenFX its first “regulated presence” in the European Economic...

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Mastercard Joins European Cross-Border Instant Payments Pilot
Mastercard Joins European Cross-Border Instant Payments Pilot
June 01, 2026  |  Cross-border Payments

Mastercard is taking part in an instant cross-border payment pilot in Europe. The pilot is being conducted in partnership with the central banks of Denmark...

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Wise Faces Investigation for Possible Anti-Money Laundering Failures
Wise Faces Investigation for Possible Anti-Money Laundering Failures
June 01, 2026  |  AML

Wise is facing an investigation in Europe related to possible criminal usage of its services. The money transfer company confirmed the investigation in a statement issued...

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Circle and Nium Launch Stablecoin Settlement Partnership
Circle and Nium Launch Stablecoin Settlement Partnership
May 27, 2026  |  Partnerships

Nium and Circle have teamed to link stablecoin settlement with global payout infrastructure. The partnership will see the cross-border payments company join Circle’s Payments Network (CPN) as a...

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BIS Marks Successful Test of Cross-Border Blockchain Payments Project
BIS Marks Successful Test of Cross-Border Blockchain Payments Project
May 27, 2026  |  Blockchain

The Bank for International Settlements (BIS) and its partners have marked a new milestone in their “Project Agorá.” BIS announced Thursday (May 27) that the project had delivered a...

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PayPal and Weixin Pay Facilitate Payments for US Visitors to China
PayPal and Weixin Pay Facilitate Payments for US Visitors to China
May 27, 2026  |  Partnerships

U.S. PayPal users traveling in China will soon be able to complete payments at tens of millions of Weixin Pay merchants across China by scanning...

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Fed Report Shows Crypto Still Has an Everyday Use Problem
Fed Report Shows Crypto Still Has an Everyday Use Problem
May 20, 2026  |  Cryptocurrency

A decade into the crypto experiment, digital assets today still function primarily as an investment vehicle, not as money. The Federal Reserve’s May 2026 “Economic...

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PYMNTS Summer School Returns to Decode What’s Next in Payments
PYMNTS Summer School Returns to Decode What’s Next in Payments
May 13, 2026  |  Payments Innovation

Cue the July playlist and grab an iced tea. PYMNTS has announced it will convene the second straight year of Summer School 2026, a July virtual...

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