Cross Border Payments/page/45 news and trends

PayPal’s Xoom to Begin Allowing Cross-Border Stablecoin Payments

November 19, 2024
PayPal’s Xoom to Begin Allowing X-Border Stablecoin Payments
Solvento Eyes AI-Driven Financial Platform for Mexico’s Trucking Industry
Transportation // November 19, 2024

If the pandemic taught merchants anything, it’s that supply chains are only as strong as their weakest link — and trucking carriers are among the most vital of those links. And in Mexico, as in other countries, the trucking industry is dominated by small firms...

Corpay Renews FX Payments Pact With World Aquatics
Partnerships // November 18, 2024

Corpay is extending a payments partnership with international aquatic sports governing body World Aquatics. The agreement will see Corpay’s cross-border business continue to serve as World Aquatics’ official foreign exchange (FX) payments supplier, according to a Monday (Nov. 18) press release. “Over the course of...

Spanish Banking Community Joins Instant Cross-Border Payments Plan
Banking // November 18, 2024

Spain has become Europe’s first banking market fully connected to the European Payments Council’s One-Leg Out instant payments plan. The country’s banking industry achieved that milestone earlier this month, Iberpay said in a news release Monday (Nov. 18). As part of the EPC’s One-Leg Out (OCT Inst) program, banks can tap...

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

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 become part of the corporate DNA. However, navigating the complexities of cross-border payments remains a challenge as businesses grapple with...

Interviews & Exclusives
Commercial Cards Become Cash Flow Catalysts for Cross-Border B2B Payments

November 18, 2024
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 become part of the corporate DNA. However, navigating the complexities of cross-border payments remains a challenge as businesses grapple with fluctuating exchange rates, lack of transparency and high costs tied […]

Visa’s Flexible Credential Goes Live in US With Affirm and Cross-Border With UAE’s Liv

November 12, 2024
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 announced Tuesday (Nov. 12). According...

Navigating the Future of B2B: Collaboration, Innovation and Risk Management

November 08, 2024
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, the future looks bright. Tribh...

Mastercard: Building Trust Into the Blockchain Unlocks Its Cross-Border Potential

November 08, 2024
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 the potential of blockchain platforms...

Quick Reads
PayPal’s Xoom to Begin Allowing Cross-Border Stablecoin Payments

November 19, 2024
PayPal will begin letting its disbursement partners use PayPal USD to settle cross-border money transfers. The new service will be offered through PayPal’s Xoom cross-border payments business, according to a Tuesday (Nov. 19) press release. Philippines-based financial services firm Cebuana Lhuillier and Africa’s Yellow Card are the first users. “Cross-border transactions are an important driver […]

Corpay Renews FX Payments Pact With World Aquatics

November 18, 2024
Corpay is extending a payments partnership with international aquatic sports governing body World Aquatics. The agreement will see Corpay’s cross-border business continue to serve as World Aquatics’ official foreign exchange...

Spanish Banking Community Joins Instant Cross-Border Payments Plan

November 18, 2024
Spain has become Europe’s first banking market fully connected to the European Payments Council’s One-Leg Out instant payments plan. The country’s banking industry achieved that milestone earlier this month, Iberpay said in a news release Monday...

UBS Debuts Blockchain-Based Payments Tool Digital Cash

November 07, 2024
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 for the bank’s corporate and...