Stablecoins are technically capable of eliminating one of global manufacturing’s oldest financial inefficiencies. The simple, persistent, and compounding friction of money that spends too much time traveling. But turning a three-day supplier payment into a three-minute one exposes a different bottleneck. The money can now...
A payment moving from one country to another passes through banks, clearing systems and payment networks that operate under different rules. The recipient information used to check the payment and bolster security can be just as fragmented. Payee verification connects some of those far-flung systems....
Lloyds Banking Group and Visa completed a seven-day live pilot that tested cross-border settlement using stablecoins, Lloyds said in a Wednesday (Sept. 30) press release. During the pilot, through a series of real-world transactions, Lloyds used stablecoins to settle $750,000 of payment obligations with Visa,...
Bank of America’s Cross-Border Real-Time Payments solution has completed its first transaction, the bank said in a Tuesday (Sept. 29) press release emailed to PYMNTS. The solution enabled Brazilian bank Bradesco to complete a pilot transaction in which a payment was initiated through Bradesco’s existing...
September 22, 2026
Asia-Pacific’s real-time payment systems are moving beyond domestic transfers as countries look to connect national infrastructure across borders. The September 2026 PYMNTS Intelligence Real-Time Payments World Map, produced in collaboration with The Clearing House, shows that work taking two forms. Five countries are pursuing a common framework for connecting domestic instant payment systems, while India […]
September 17, 2026
Watch more: Need to Know With Sebastian Fantini of EBANX Payment fragmentation can slow cross-border expansion when each new market and each new method mean a new integration project. Bundling...
August 31, 2026
Watch more: Need to Know With Bank of America’s Narendra Kumar Parhi Cross-border payments in Asia-Pacific are being pulled toward the speed of the region’s domestic commerce, leaving companies in...
August 03, 2026
Stablecoins change how liquidity is managed, not simply how payments move. And findings in the July 2026 edition of the Payments Innovation Tracker® Series, a PYMNTS Intelligence collaboration with Paymentology, reveal how...
September 30, 2026
Lloyds Banking Group and Visa completed a seven-day live pilot that tested cross-border settlement using stablecoins, Lloyds said in a Wednesday (Sept. 30) press release. During the pilot, through a series of real-world transactions, Lloyds used stablecoins to settle $750,000 of payment obligations with Visa, according to the release. The settlement volume was booked through […]
September 29, 2026
Bank of America’s Cross-Border Real-Time Payments solution has completed its first transaction, the bank said in a Tuesday (Sept. 29) press release emailed to PYMNTS. The solution enabled Brazilian bank...
September 28, 2026
BNY has debuted a solution that lets banks send cross-border payments to retail digital wallets. The Pay-to-Wallet capability combines the bank’s global payments capabilities to support cross-border bank-to-wallet payments across approved...
September 28, 2026
Swift has launched an effort designed to make consumer cross-border payments as easy as domestic transactions. “Today, millions of consumers use systems such as Bizum, PayID from AP+, and Pix to...
