cross-border

SWIFT gpi Transferred Over $77T In 2019
SWIFT gpi Transferred Over $77T In 2019
February 11, 2020  |  Global Payments

Cross-border transfers over SWIFT’s global payments innovation (gpi) topped $77 trillion last year, almost double the $40 trillion that moved through the service in 2018,...

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Mastercard CEO Pushes Back Against National Payments Systems
Mastercard CEO Pushes Back Against National Payments Systems
February 03, 2020  |  Mastercard

Ajay Banga, the chief executive officer (CEO) of Mastercard, is adamantly against any attempts to fracture the Global Payments Systems (GPS) into national domains, Financial...

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Sizzle Fizzle: Virus May Weaken China’s Economic Growth
Sizzle Fizzle: Virus May Weaken China’s Economic Growth
January 24, 2020  |  Sizzle/Fizzle

It’s the unforeseen events that send economies into rough patches, toward slowing growth and even into decline. And while we’re not speculating that an economy that...

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The Troubling Ripple Effects Of The Travelex FX Hack
The Troubling Ripple Effects Of The Travelex FX Hack
January 10, 2020  |  Security & Fraud

It might make sense that as commerce goes ever global, and as banks do an increasing volume of business cross-border, that the hackers and fraudsters...

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Thailand’s Siam Commercial Bank Teams With Ripple For Payment App
Thailand’s Siam Commercial Bank Teams With Ripple For Payment App
January 10, 2020  |  Digital Banking

Siam Commercial Bank (SCB), Thailand’s oldest bank, is partnering with Ripple to upgrade their mobile banking app to include cross-border payments for the country’s 16,000...

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Travelex Attack Forces Shutdown Of Samsung Pay’s Cross-Border Transfers
Travelex Attack Forces Shutdown Of Samsung Pay’s Cross-Border Transfers
January 09, 2020  |  Security & Fraud

A New Year’s Eve ransomware attack on Travelex continued to affect global businesses and customers today, including multiple Samsung Pay users, according to reports. A...

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Top News in Payments: Amazon Seeks Patent For Hand Recognition; Record Holiday Retail Sales
Top News in Payments: Amazon Seeks Patent For Hand Recognition; Record Holiday Retail Sales
December 27, 2019  |  News

In today’s top news in payments, Amazon applied for a patent for hand recognition software, and retail sales reached new heights thanks to record online...

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China To Widen Scope Of Blockchain Cross-Border Platform
China To Widen Scope Of Blockchain Cross-Border Platform
December 26, 2019  |  Blockchain

China is in the midst of planning to build out its blockchain cross-border pilot platform, according to Lu Lei, the deputy head of the State...

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Visa Partners With TD To Power US, Canada Money Transfers 
Visa Partners With TD To Power US, Canada Money Transfers 
December 23, 2019  |  VISA

Visa is teaming up with TD Bank to introduce a new solution to ease money transfers between Canadian and U.S. accounts, Visa announced Monday (Dec....

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