Since the inception of global trade, the world’s financial systems have largely talked past and around each other. The reason? Diverse payment systems and communication...
Cross-border finance FinTech AstroPay has introduced its multicurrency wallet. The new offering, announced by the London-based company Tuesday (Dec. 17), is aimed at simplifying how...
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...
Global human resources (HR) and payroll product provider Deel has acquired London-based money transfer service Atlantic Money. “This acquisition aims to strengthen Deel’s payment infrastructure in Europe and...
Spain has become Europe’s first banking market fully connected to the European Payments Council’s One-Leg Out instant payments plan. The country’s banking industry achieved that milestone earlier...
The Bank for International Settlements (BIS) says it has demonstrated that regulatory compliance can be embedded in cross-border transaction protocols. BIS announced Tuesday (Oct. 29) it made this...
Cross-border payments company Nium has launched a collaboration with Bank Rakyat Indonesia (BRI). The partnership lets BRI’s 150 million-plus account holders — many of whom live in remote parts of Indonesia,...
There’s a reason why the well-worn phrase “Like money in the bank” is shorthand for security and peace of mind. For B2B suppliers especially, money...