Industry roundup: 9 February
by Kylene Casanova
Veriton AI partnership, Cybersecurity combats risk, Finxact acquired, Paylt partners with Toronto, Ascenda and Visa partner, transitioning from LIBOR
The cost of collecting cross-currency payments - setting up currency accounts, FX conversion costs (can be as high as 200 bps or more) and the processing charges - can be 3-5% + of the value of the…
Read moreby Kylene Casanova
Veriton AI partnership, Cybersecurity combats risk, Finxact acquired, Paylt partners with Toronto, Ascenda and Visa partner, transitioning from LIBOR
by Kylene Casanova
Ripple & Modulr partner, Chinas digital yuan launched, digital dollar design, KeyBank launces cloud-first banking solution
by Kylene Casanova
digital yuan & Olympics, AI and cross-border payments, compliance solutions for fintechs, and digital banking expansion
by Graham Buck
East analyses Asia cross-border payments; BNP Paribas seeks new low-cost location; BoA upbeat on Solana; Safe; Indifi-GPay union offers digital credit
by Graham Buck
SEC proposes further money market fund reforms; SWIFT eyes expansion into digital assets; US waiting game for cross-border payments and more
by Graham Buck
HSBC details plans to end coal financing; New landmark for digital yuan; Western Union in Ukraine team-up
by Graham Buck
The financial messaging services provider announces “ambitious plans to accelerate adoption of its new services across the global financial community”
by Graham Buck
Six in 10 businesses in the US and the UK report that it is a continual risk, reports PYMNTS.com and Worldpay B2B Payments in their latest bulletin
by Graham Buck
Standard Chartered US$100m fund targets Gulf markets; Square changes name to Block; User testing starts for T2; Verto joins forces with Banking Circle
by Graham Buck
A co-operation agreement between the Monetary Authority of Singapore and the Bangko Sentral ng Pilipinas builds on an earlier CA from 2017
by Kylene Casanova
Ransomware attacks on rise, cryptocurrency and compliance more critical as digital payments gain popularity, cross-border payments and fintechs
by Graham Buck
News in brief: Mastercard and Previse unite on cross-border payments; India's BSE moves to T+1 settlement; DP World trade finance platform
by Jack Large
Are you going to get stuck in or are you going to get out of the business? Anything else is a waste of time.
by Graham Buck
EBA Clearing, SWIFT and TCH have completed a proof of concept for instant cross-border payments
by Jack Large
Worldline’s messaging solutions will build and automate conversations between businesses and clients worldwide through WhatsApp
by Ben Poole
A survey conducted by the Euro Banking Association and PPI has identified four key use cases for the payments messaging framework.
by Ben Poole
SWIFT Go enables SMEs and consumers to send payments anywhere in the world directly from their bank accounts.
by Ben Poole
Verizon Business and Mastercard are partnering to bring 5G to the global payments industry.
by Ben Poole
First multi-CBDC experiment to apply automated market making and liquidity management capabilities for cross-border payment & settlement efficiencies.
by Ben Poole
A Euro Banking Association report surveyed corporates from 20 countries to see how their companies would use request to pay.
by Ben Poole
The bank says its new solution lets businesses "pay like a local" in foreign currencies.
by Ben Poole
The payments giant has added account-to-account and global card payments functionality to its Mastercard Track Business Payment Service.
by Jack Large
Automating accounts receivables processing and management
by Ben Poole
The move follows last month's announcement it will expand beyond financial messaging to provide transaction management services.