Although, for most companies, cross-border/cross-currency payments make up less than 5% of all payments, they can represent a major proportion of payment costs when the FX conversion costs (which make…
Read moreby Kylene Casanova
HSBC India has executed the first renminbi (RMB) denominated cross-border trade transaction in India for a major pharmaceuticals company, and said that the transaction had seen the bank join a growing list of HSBC e
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 Renminbi is truly becoming an international currency, even US regional banks are starting to offer Renminbi services.
by Kylene Casanova
The IPFA (International Payments Framework Association) was set up in February 2010 with the aim of
by Kylene Casanova
BNY Mellon today announced the global expansion of iDeal Forex, its Web-based application for cross-border payments involving foreign exchange (FX) transactions.
by Kylene Casanova
Standard Chartered Bank has today launched an Asia Express Guaranteed Payments programme to deliver USD payments to Asia on the same or next day (depending on the specific destination).
by Kylene Casanova
Omikron have launched a suite of services which cover all the functions needed make SEPA payments including migration tools to automatically convert legacy formats and migrate users to the new SEPA formats.
by Kylene Casanova
The October 2011 European Payments Council newsletter revealed that according to the European Central Bank analysis:
