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
Pan-European system linking customer’s online bank accounts with online business’ bank is starting to take off. Remarkably high transaction values: C2B EUR 470, B2B EUR 4,495
by Kylene Casanova
Bitcoin 2.0 infrastructure emerging, regulatory framework in development. Myriad of new applications: Canada gets Bitcoin for credit card payments, margin trading platform, etc. Unstoppable?
by Kylene Casanova
Future is clear as SWIFT moves into domestic retail payment systems, Standard Chartered chooses Earthport for Global Payments, and Earthport adds real-time functionality to payments service
by Kylene Casanova
How to maximise the benefits of MyStandards when onboarding new banks, countries and payment systems
by Kylene Casanova
Coinaa show how to use Bitcoin for international payments today. Plus how the new point of sale terminals opens door to a steady-to-exponential growth in the use of Bitcoin
by Kylene Casanova
Will take many years to achieve due to many local SEPA formats and local practices
by Kylene Casanova
Future is virtual as virtual banking/virtual payment technology now fully understood and available
by Kylene Casanova
Insanity of SEPA one leg-out ACH payments not being allowed
by Kylene Casanova
Will this at least peg banks’ international payment charges in 2014?
by Kylene Casanova
One-stop-shop conversion suite will enable banks & corporates to meet 1st February deadline
by Kylene Casanova
Now includes 140 currencies, expanded ACH offering, double same day & next day available currencies
by Kylene Casanova
Although there has been a move to other currencies in the past 10 years, much of the Asia-Pacific's trade, including intra-regional flows, is still invoiced, and settled in USD. And some are settled in EUR.
by Kylene Casanova
The latest World Payments Report from CAPgemini, RBS and EFMA is another tour de force with amazing range and depth of analysis. The key findings are mostly expected:
by Kylene Casanova
The vast majority (77%) of Chinese corporates surveyed expect one-third of all Chinese trade (circa USD 2trn) to be conducted in RMB by 2015 (vs 10% YTD) and 30% plan to use RMB for investment-related purposes in th
by Kylene Casanova
RBS has brought together several of their existing FX and payment services into the new GlobalXChange service(GXC) which offers a single account solution for all payables and receivable regardless of currency:
by Kylene Casanova
Western Union Business Solutions, a business unit of the Western Union Company, has introduced its business-to-business (B2B) service in three new markets - Chile, Cyprus and Jordan.
by Kylene Casanova
DataCash Group Ltd, a MasterCard company, today announced the integration of Alipay, a leading third-party payment platform in China, to its international payment solution.
by Kylene Casanova
The legally-binding SEPA (Single Euro Payments Area) implementation deadline of February 1, 2014 will have a huge impact and will require companies to undertake significant IT changes.
by Kylene Casanova
Deutsche Bank's FX4Cash platform handles Outbound and Inbound payments.
by Kylene Casanova
The October 2011 European Payments Council newsletter revealed that according to the European Central Bank analysis:
