Blockchain-powered bank N3XT has secured approval from Wyoming regulators to let customers use its digital token to transact with foreign counterparties, Bloomberg reported Monday (Aug. 17), citing its interview with N3XT Founder Scott Shay. This approval will enable N3XT to offer its customers instant overseas transfers to not only the...
Embedded banking provider ClearBank has launched a collaboration with foreign exchange (FX) and payments solutions company Finseta. The partnership, announced in a news release Tuesday (Dec. 9) is designed to deliver agency banking services supporting British pound (GBP) and multi-currency (MCCY) accounts. The partnership will...
The “One Beautiful Bill” that’s made its way through the House and now is up for debate (and possible changes) in the Senate will have a significant impact on the remittance industry — and perhaps some unintended consequences. As it stands now, the Act includes...
Global payment infrastructure firm Trans-Fi has launched a unified platform called BizPay that enables instant, compliant cross-border transactions with more than 250 payment methods across more than 100 countries. BizPay enables businesses and individuals to send and receive money, initiate payouts and accept pay-ins, in minutes, the company...
February 19, 2025
Digital wallets have become the preferred choice for consumers worldwide as cross-border transactions change. A PYMNTS Intelligence report, “Global Money Movement: How Digital Wallets Are Transforming Cross-Border Payments,” in collaboration with TerraPay, surveyed 2,601 consumers, 398 small business leaders and 80 financial institution (FI) employees in four countries to explore the trend of digital wallets and related challenges […]
January 29, 2025
Cross-border payments had, for decades, been done by wire — where it had taken days to settle an international fund flow. But now, in the digital age — unlike years...
December 31, 2024
The global economy is an intricate web of transactions, and cross-border payments serve as its financial backbone. For much of its history, that backbone has been creaky, slow and inefficient....
September 20, 2024
With remittances, when in doubt, check it out. But don’t head straight to the regulators. That seems to be the message conveyed by the Consumer Financial Protection Bureau (CFPB), which...
August 17, 2026
Blockchain-powered bank N3XT has secured approval from Wyoming regulators to let customers use its digital token to transact with foreign counterparties, Bloomberg reported Monday (Aug. 17), citing its interview with N3XT Founder Scott Shay. This approval will enable N3XT to offer its customers instant overseas transfers to not only the bank’s customers but also non-customers, putting the bank in direct […]
December 09, 2025
Embedded banking provider ClearBank has launched a collaboration with foreign exchange (FX) and payments solutions company Finseta. The partnership, announced in a news release Tuesday (Dec. 9) is designed to...
May 23, 2025
Global payment infrastructure firm Trans-Fi has launched a unified platform called BizPay that enables instant, compliant cross-border transactions with more than 250 payment methods across more than 100 countries. BizPay enables businesses...
May 09, 2025
Ramp will expand its issuing partnership with Stripe to launch stablecoin-backed corporate cards designed to facilitate cross-border transactions. The combination of stablecoin-backed cards and Ramp’s corporate card and financial operations platform...
