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

Cross-Border Payments 2.0: Faster, Cheaper and More Transparent
Cross-Border Payments 2.0: Faster, Cheaper and More Transparent
October 21, 2024  |  Cross-border Payments

Cross-border payments are an integral part of the engines that keep economies worldwide going, but they get a bum rap. As payments wind their way...

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Halfway Through: 3 Things We’ve Learned From PYMNTS B2B Month
Halfway Through: 3 Things We’ve Learned From PYMNTS B2B Month
October 18, 2024  |  B2B Payments

It’s been a busy October at PYMNTS. The monthlong event, B2B Payments: Outlook 2030, has been putting an exclamation point on the fact that B2B...

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Nium Forms Cross-Border Payments Pact With Indonesia’s BRI
Nium Forms Cross-Border Payments Pact With Indonesia’s BRI
October 18, 2024  |  Partnerships

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,...

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This Week in B2B: Payments Get Interesting When Finance Teams Get Smarter
This Week in B2B: Payments Get Interesting When Finance Teams Get Smarter
October 17, 2024  |  B2B Payments

For decades, B2B payments were an unglamorous yet essential component of corporate finance. Now, B2B payments have started to become a little more glamorous as...

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Swift Says It Beat G20 Cross-Border Payments Speed Target by 15%
Swift Says It Beat G20 Cross-Border Payments Speed Target by 15%
October 17, 2024  |  Cross-border Payments

By 2027, the G20 wants 75% of international payments processed within an hour. Global messaging service Swift said its network is meeting that target, and...

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This Week in Web3: Usability and Network Expansion Drive Stablecoin Momentum
This Week in Web3: Usability and Network Expansion Drive Stablecoin Momentum
October 16, 2024  |  Blockchain

For nearly its entire history, cryptocurrency has been searching for a sustainable product-market fit. From payments to speculative investments to supply chain management, the blockchain...

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Swift Adds New Tools to AI Fraud Prevention Offerings
Swift Adds New Tools to AI Fraud Prevention Offerings
October 16, 2024  |  Fraud Prevention

With scammers becoming more and more sophisticated, Swift is bolstering its AI-enhanced fraud detection capabilities. The global messaging service announced Wednesday (Oct. 15) that it will begin offering this...

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Cross-Border Payments Hope to Find Their Footing in Proof of Value Experiment
Cross-Border Payments Hope to Find Their Footing in Proof of Value Experiment
October 16, 2024  |  Cross-border Payments

As with any app, any payment, any interaction where money’s being sent and received, first impressions matter. Even for cross-border payments, where the customer-facing experience...

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Citigroup CEO Sees ‘Surprisingly Resilient’ Global Consumer Spending
Citigroup CEO Sees ‘Surprisingly Resilient’ Global Consumer Spending
October 15, 2024  |  Earnings

Citigroup’s earnings Tuesday (Oct. 15) echo the sentiment of other banks that have reported in the past few days: Investment banking and trading revenues were...

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