The Commerce Department’s Bureau of Economic Analysis (BEA) in the U.S. wants to change a rule for a survey that compels financial service companies to...
Cross-border transfers over SWIFT’s global payments innovation (gpi) topped $77 trillion last year, almost double the $40 trillion that moved through the service in 2018,...
Ajay Banga, the chief executive officer (CEO) of Mastercard, is adamantly against any attempts to fracture the Global Payments Systems (GPS) into national domains, Financial...
It’s the unforeseen events that send economies into rough patches, toward slowing growth and even into decline. And while we’re not speculating that an economy that...
It might make sense that as commerce goes ever global, and as banks do an increasing volume of business cross-border, that the hackers and fraudsters...
Siam Commercial Bank (SCB), Thailand’s oldest bank, is partnering with Ripple to upgrade their mobile banking app to include cross-border payments for the country’s 16,000...
A New Year’s Eve ransomware attack on Travelex continued to affect global businesses and customers today, including multiple Samsung Pay users, according to reports. A...
In today’s top news in payments, Amazon applied for a patent for hand recognition software, and retail sales reached new heights thanks to record online...
China is in the midst of planning to build out its blockchain cross-border pilot platform, according to Lu Lei, the deputy head of the State...