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

Morgan Stanley Taps Wise Platform to Accelerate Cross-Border Settlements
Morgan Stanley Taps Wise Platform to Accelerate Cross-Border Settlements
December 17, 2024  |  B2B Payments

Morgan Stanley will offer its clients high-speed cross-border settlements through Wise Platform. The investment bank tapped this solution from Wise, a global technology focused on...

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CARD.com Taps Visa Direct to Expand Financial Services Globally
CARD.com Taps Visa Direct to Expand Financial Services Globally
December 16, 2024  |  Cross-border Payments

CARD.com now enables its users to make cross-border payments via Visa Direct. This offering results from a collaboration between CARD.com, which is a FinTech specializing...

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Ripple Prepares to Bring Stablecoin to Global Exchanges
Ripple Prepares to Bring Stablecoin to Global Exchanges
December 16, 2024  |  Cryptocurrency

Blockchain firm Ripple says it is preparing to bring its stablecoin to the world’s exchanges. The dollar-backed Ripple USD (RLUSD) will be available beginning Dec. 17, the...

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More Than 75% of Banks Not Ready for ISO 20022 Mandates. The Question Is: Why?
More Than 75% of Banks Not Ready for ISO 20022 Mandates. The Question Is: Why?
December 13, 2024  |  Bank Regulation

The benefits of standardized data formats and exchanges in financial services are myriad. Banks are moving toward the ISO 20022 financial messaging standard, tied to...

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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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