FIs take notice as stablecoin adoption expected to jump 54%
Stablecoins have seen a resurgence in use cases since July’s passage of the Genius Act, which set up regulatory guardrails ...
Tag: cross-border payments
PayPal to create global digital wallet platform With Tenpay, UPI
PayPal Holdings Inc. is launching a platform that will enable customers with domestic digital wallets to easily transact with businesses ...
FIs hold back on cross-border stablecoin payments
Amid a push toward the use of cross-border payments, the financial services industry is holding back on stablecoin payments as ...
HSBC shuts down cross-border payments app
HSBC is closing its retail cross-border payments app Zing just one year after its launch to focus on the bank’s ...
TCH cross-border payments on hold
The Clearing House’s Real-Time Payments network is ready for cross-border payments from a technical perspective but is waiting for U.S. ...
Transactions: BNY, CBA join for cross-border near real-time payments
BNY has joined forces with Commonwealth Bank of Australian to provide its customers with near real-time payments for cross-border transactions. ...
On the job with … Citi TTS global head of instant payments director
Citigroup’s Treasury and Trade Solutions business is looking to hire someone to lead its global instant payments strategy amid the ...
4 ways tech expected to enhance cross-border payments
The cross-border payments industry is expected to hit $250 trillion by 2027, up from $150 trillion a decade before in ...
Transactions: Banc of California to buy PacWest
PacWest Bancorp is set to merge with Banc of California and raise $400 million in equity from investors, the financial ...
Citi doubling down on automation
Citibank is ramping up its automation efforts and modernizing its platforms to maintain competitiveness and drive down costs. The $1.7 ...
