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)

Swift Turns to AI to Battle Cross-Border Payment Fraud
Swift Turns to AI to Battle Cross-Border Payment Fraud
May 30, 2024  |  Artificial Intelligence

Swift is partnering with a group of banking giants to combat cross-border payment fraud. The global messaging service announced in a news release Thursday (May...

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Bank of America: New EU Instant Payments Rules Address Liquidity for Corporates
Bank of America: New EU Instant Payments Rules Address Liquidity for Corporates
May 23, 2024  |  Faster Payments

The payments landscape in Europe is poised for a shift as new regulations mandating support for instant payments go into effect in 2025. That’s no...

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NetXD and Visa Expand Cross-Border Payments Partnership to Asia
NetXD and Visa Expand Cross-Border Payments Partnership to Asia
May 21, 2024  |  Partnerships

NetXD has expanded its cross-border payments partnership with Visa B2B Connect. After onboarding banks in Europe and the Americas, the collaboration is now moving to...

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Opus Technologies Launches Payment Integration Framework for Financial Institutions
Opus Technologies Launches Payment Integration Framework for Financial Institutions
May 21, 2024  |  Payments Innovation

Opus Technologies has launched a payment integration framework designed for financial institutions. The new Paysemble helps financial institutions simplify technology adoption, migration and integration and ensure seamless operations,...

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Swift Unveils New Cross-Border Payment Tracking Solution
Swift Unveils New Cross-Border Payment Tracking Solution
May 21, 2024  |  B2B Payments

Swift has unveiled new ways for financial institutions to streamline cross-border payments for corporate customers. The financial messaging service said it is doing this “by extending...

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How Compliance Is Shaping the Future of Cross-Border Payments
How Compliance Is Shaping the Future of Cross-Border Payments
May 17, 2024  |  Cross-border Payments

There are over 19,000 tax jurisdictions worldwide — any of which can change in an instant. With new and emerging payment rails, such as instant payments, helping to...

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Banco Santander and Iberpay Launch International Real-Time Payments Service
Banco Santander and Iberpay Launch International Real-Time Payments Service
May 17, 2024  |  Real-Time Payments

Banco Santander and Iberpay have processed the first international instant transfers based on the European Payments Council’s One-Leg Out Instant Credit Transfer (OCT Inst) scheme. These transfers were initiated and completed in different currency...

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This Week in B2B Innovation: Globalization, Digitization and Better Payments 
This Week in B2B Innovation: Globalization, Digitization and Better Payments 
May 16, 2024  |  B2B Payments

The B2B landscape is built atop a foundation of innovation designed to meet business needs. And with the news that U.S. corporate bankruptcies have reached...

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Tassat and Glasstower Partner on B2B Payments for Multinational Corporations
Tassat and Glasstower Partner on B2B Payments for Multinational Corporations
May 16, 2024  |  B2B Payments

Tassat Group and Glasstower Digital have partnered to facilitate cross-border digital B2B payments. This collaboration aims to provide multinational corporate institutions with secure, immediate, and...

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