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

Stellar Adds Mastercard Crypto Credential Tool to Its Blockchain
Stellar Adds Mastercard Crypto Credential Tool to Its Blockchain
October 15, 2024  |  Blockchain

Stellar Development Foundation is integrating Mastercard’s Crypto Credential solution into its blockchain network. The credential, which helps verify interactions among consumers and businesses using blockchain...

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BIS: Interlinking Fast Payment Systems Could Enhance Cross-Border Payments
BIS: Interlinking Fast Payment Systems Could Enhance Cross-Border Payments
October 15, 2024  |  Payments Innovation

Interlinking fast payments systems (FPS) across different jurisdictions could enhance cross-border payments, making them low cost, fast, easy to access and transparent, the Bank for...

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PXP Financial Launches LatAm Payments Partnership With Kushki
PXP Financial Launches LatAm Payments Partnership With Kushki
October 15, 2024  |  Partnerships

Global payments services firm PXP Financial has teamed with Latin America-based payment platform Kushki. The collaboration, announced in a Tuesday (Oct. 15) blog post, will let PXP use Kushki’s technology...

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How to Navigate Cross-Border Payments With CFOs and Treasurers in Mind
How to Navigate Cross-Border Payments With CFOs and Treasurers in Mind
October 15, 2024  |  Cross-border Payments

Cross-border payments are the lifeblood of international business — but for finance teams, they often come with a side of risk and complexity. As the...

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Deutsche Bank Debuts Correspondent Banking Solution dbX
Deutsche Bank Debuts Correspondent Banking Solution dbX
October 14, 2024  |  Banking

Deutsche Bank has debuted a suite of correspondent banking solutions for its clients. Announced Monday (Oct. 14) by the banking giant’s institutional cash and trade arm,...

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What on-Soil Requests Mean for Cross-Border Payments Compliance
What on-Soil Requests Mean for Cross-Border Payments Compliance
October 14, 2024  |  Regulation

If businesses aren’t ready for cross-border compliance, they may as well be writing regulators a blank check. And particularly as it relates to financial services,...

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Russia Calls on BRICS Countries to ‘Ring Fence’ New Cross-Border Payments Network
Russia Calls on BRICS Countries to ‘Ring Fence’ New Cross-Border Payments Network
October 11, 2024  |  Cross-border Payments

Russia reportedly aims to create a new system for cross-border payments between BRICS countries. A report that includes this plan was published ahead of an...

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Citi Debuts Token Services for Cash Cross-Border Payments Tool
Citi Debuts Token Services for Cash Cross-Border Payments Tool
October 10, 2024  |  Cross-border Payments

Citi says its Token Services for Cash program has gone live after a pilot phase. The new commercial solution, announced Thursday (Oct. 10), processes multimillion-dollar...

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Citi and Mastercard Partner on Cross-Border Payments to Debit Cards
Citi and Mastercard Partner on Cross-Border Payments to Debit Cards
October 10, 2024  |  Cross-border Payments

Citi and Mastercard have teamed up to enable cross-border payments to Mastercard debit cards. The companies are launching this capability in 14 receiving markets across...

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