Blockchains could save banks $10B in cross-border payments costs by 2030
Cross-border payments in their current form tend to be slow, costly and offer limited transparency and traceability. Deploying blockchains — ...
Tag: cross-border payments
Listen: How cross-border payments analysis busted a child-trafficking ring
Artificial intelligence (AI) is able to pick up on many patterns humans ignore — patterns can indicate crime in cross-border ...
5 Questions With … Mastercard Head of Cross-border Services Stephen Grainger
As the scale of cross-border transactions continues to grow, Mastercard is betting on its recent acquisitions of international payments provider ...
Banks and real-time payments players team up on cross-border payments
Banks on both sides of the Atlantic have created a high-speed cross-border payments proof-of-concept project headed up by three powerhouses ...
BIS proposes cross-border payment solution
The Bank for International Settlements (BIS) released a proposal this week that aims to break down obstacles to international payments ...
WorldRemit links with Alipay on one-tap global payments to China
WorldRemit is partnering with Alipay to reduce friction in cross-border payment transactions. The integration allows WorldRemit customers to send money to Chinese recipients by connecting with their ...
WorldRemit opens Toronto office to help grow Canadian customer base
U.K.-based digital money transfer company WorldRemit opened its Canadian headquarters in Toronto this week, a move that puts it in ...
Inside TransferWise’s regulatory advocacy efforts
U.K.-based money transfer startup TransferWise is going beyond cheeky ads to spread its message of foreign exchange fee transparency. It's ...
Finastra taps Ripple for real-time payments across borders
Banking technology provider Finastra, which works with more than 9,000 clients, is partnering with payment network Ripple to facilitate real ...
Western Union taps Visa Direct to boost cross-border transfers
Global money transfer firm Western Union will implement Visa’s real-time push payments platform, Visa Direct, in an effort to speed ...
