PYMNTS-MonitorEdge-May-2024

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

Commercial Cards Become Cash Flow Catalysts for Cross-Border B2B Payments
Commercial Cards Become Cash Flow Catalysts for Cross-Border B2B Payments
November 18, 2024  |  Cross-border Payments

Cross-border trade is a huge business, totaling roughly $190 trillion in 2023. Sourcing goods and services globally and establishing supply chains that transcend borders have...

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Visa’s Flexible Credential Goes Live in US With Affirm and Cross-Border With UAE’s Liv
Visa’s Flexible Credential Goes Live in US With Affirm and Cross-Border With UAE’s Liv
November 12, 2024  |  VISA

Six months after launching its Visa Flexible Credential (VFC) in Japan with Olive, Visa’s taking the all-in-one payment credential into two new use cases, both...

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Earnings Season Shows Quickening Pace of SMB Cross-Border Payments Innovation
Earnings Season Shows Quickening Pace of SMB Cross-Border Payments Innovation
November 11, 2024  |  Cross-border Payments

As earnings season draws to a close, we’ve seen wide-ranging discussions of the consumer, of spending trends, lending trends, tap to pay and BNPL, of...

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Navigating the Future of B2B: Collaboration, Innovation and Risk Management
Navigating the Future of B2B: Collaboration, Innovation and Risk Management
November 08, 2024  |  B2B Payments

Teamwork makes the dream work, especially when that dream is better B2B payments. With FinTech innovators increasingly pairing up with secure and reliable financial institutions,...

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Mastercard: Building Trust Into the Blockchain Unlocks Its Cross-Border Potential
Mastercard: Building Trust Into the Blockchain Unlocks Its Cross-Border Potential
November 08, 2024  |  Blockchain

Until recently, blockchain’s potential impact within payments and commerce has been, well, somewhat blocked. But increasingly, financial service giants are turning their attention to unlocking...

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UBS Debuts Blockchain-Based Payments Tool Digital Cash
UBS Debuts Blockchain-Based Payments Tool Digital Cash
November 07, 2024  |  Blockchain

Switzerland-based bank UBS has created and piloted UBS Digital Cash, a blockchain-based payment solution. The new offering is designed to allow for the programmability of money movements...

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Mastercard Joins MENA Cross-Border Payments System Buna
Mastercard Joins MENA Cross-Border Payments System Buna
November 06, 2024  |  Mastercard

Mastercard is collaborating with Arab regional payment system Buna to drive faster, cheaper and more transparent cross-border payments in the Middle East and North Africa...

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Ant International and OCBC Partner on Tokenized Cross-Border Payments
Ant International and OCBC Partner on Tokenized Cross-Border Payments
November 06, 2024  |  Cross-border Payments

FinTech Ant International and Singapore bank OCBC are collaborating to enhance cross-border fund settlements. The goal of the partnership is to explore innovations in tokenized...

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This Week in Web3: Crypto Policies and American Innovation
This Week in Web3: Crypto Policies and American Innovation
November 06, 2024  |  Blockchain

The U.S. marketplace will likely become more cryptocurrency-friendly with industry-backed lawmakers winning in Congress and the White House this election cycle. Many crypto community experts...

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