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

Speed, Reliability Of B2B Payments Take A Turn For The Worse
Speed, Reliability Of B2B Payments Take A Turn For The Worse
October 04, 2016  |  B2B Payments

Late payments are a problem, but just how big is the issue? The latest analysis from Atradius made some troublesome conclusions: The outlook for the...

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Standard Chartered Completes Cross-Border Payment In Less Than 10 Seconds
Standard Chartered Completes Cross-Border Payment In Less Than 10 Seconds
September 29, 2016  |  Blockchain / Distributed Ledger

Standard Chartered announced on Wednesday (Sept. 28) the completion of the first real-time cross-border payment for businesses with another major correspondent bank. The move is...

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Microsoft, Bank of America Get Serious On Blockchain Trade Finance
Microsoft, Bank of America Get Serious On Blockchain Trade Finance
September 28, 2016  |  B2B Payments

Distributed ledger technologies, like blockchain, are now eyed with potential to overhaul not just payments, but transactions that require data to move along with money....

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PayCommerce Bank Consortium Targets Instant Global Settlement
PayCommerce Bank Consortium Targets Instant Global Settlement
September 27, 2016  |  B2B Payments

FinTech firm PayCommerce announced the rollout of its international payment, clearing and settlement program, offering financial institutions instant settlement even for cross-border payments. An announcement on...

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SWIFT Sets Sights On Smart Contracts
SWIFT Sets Sights On Smart Contracts
September 23, 2016  |  B2B Payments

SWIFT is the latest FinTech player to perk up at the thought of using distributed ledger technology for business transactions. In an announcement on Thursday (Sept....

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Blockchain Firm Claims Near-Instant X-Border Payments
Blockchain Firm Claims Near-Instant X-Border Payments
September 15, 2016  |  B2B Payments

With the payments sphere accelerating towards real-time transactions, FinTech players of all types are exploring how they can be some of the first to make...

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Commercial Cards A Money Laundering Trap
Commercial Cards A Money Laundering Trap
September 14, 2016  |  B2B Payments

Regulators have taken money laundering to task with revamped Anti-Money Laundering legislation. But the problem is a global one, and money launderers are getting creative. Reports...

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A Modern Take On The Ancient Pain Of Expense Reporting
A Modern Take On The Ancient Pain Of Expense Reporting
September 06, 2016  |  B2B Payments

Expensify announces today (Sept. 6) that it’s opening new offices in Australia. It may seem like global expansion for the expense management company, but according...

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Asia Closes In On UK In Forex Market Dominance
Asia Closes In On UK In Forex Market Dominance
September 06, 2016  |  B2B Payments

For weeks now, analysts have warned that the U.K.’s dominance in FX trading is waning. Now, for the first time in more than a decade,...

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