You Searched For "cross border banking" and got 20 results
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2 mins read
Fast cross-border payments to make it difficult to check money laundering, terror funding: Fed official
The US Fed official overseeing payment systems said slowing down the speed at which payments are cl…
PTI
2 mins read
Indian companies are looking to international markets for growth, says CRISIL
In recent years, Indian corporations have significantly ramped up their international operations. A…
2 mins read
To get paid by Russian customers, some Chinese banks are taking documents across borders to get them stamped, reported Reuters
Smaller local Chinese banks are overlooking US sanctions to process payments with Russia because th…
Huileng Tan
2 mins read
After UPI, RBI set to launch Unified Lending Interface (ULI) for friction-less credit
The ULI platform facilitates a seamless and consent-based flow of digital information, including ev…
ANI
2 mins read
Hong Kong shoppers are crossing the border into Shenzhen to buy croissants and rotisserie chickens at China's newest Costco
Hong Kong's economic struggles created the perfect situation for China's Shenzhen Costco location t…
Erin Snodgrass
4 mins read
RBI announces digital payments intelligence platform to check online frauds
In a bid to bolster the safety and security of digital payments and enhance regulatory frameworks, …
ANI
2 mins read
RBI is working on expanding UPI to 20 countries by 2028-29: RBI Annual Report
The Reserve Bank of India (RBI) along with NPCI international payments ltd (NIPL) will work towards…
ANI
4 mins read
China plans to float nuclear reactors in disputed South China Sea; Analysts see it 'risky for environment'
The US military warned that China is moving forward with developing floating nuclear reactors in th…
ANI
3 mins read
Video shows Ukrainian drone taking out a jet ski with 2 Russian soldiers who were attempting to cross the Dnipro River
In a video released by Ukraine, Russian soldiers crossing the Dnipro River on a jet ski appear to h…
Cameron Manley
1 min read
RBI, Bank Indonesia sign pact to promote use of local currencies for bilateral trade
The Reserve Bank of India and Bank Indonesia (BI) on Thursday signed a Memorandum of Understanding …
PTI
2 mins read
India's UPI goes global, links with Singapore's PayNow for seamless cross-border transactions
In what is a first-of-its-kind collaboration with another country, India and Singapore on Tuesday l…
ANI
2 mins read
Central bank digital currencies could save global corporations $100 billion per year, JPMorgan says
The 35-page report looked into a CBDC network that operates 24/7 and focused on Southeast Asia, whi…
Isabelle Lee
2 mins read
A convoy calling themselves 'God's army' plans to head to the Texas border to stop migrants from entering the US
The "Take Our Border Back" convoy aims to stop illegal immigration by working with "constitutionall…
Alia Shoaib
2 mins read
Child migrants drowned in the Rio Grande after Texas blocked Border Patrol from the area, congressman says
A mother, an 8-year-old girl, and a 10-year-old boy, drowned in the Rio Grande on Saturday, Texas D…
Nathan Rennolds
2 mins read
Global economy braces for slowest growth in three decades, World Bank report warns
The global economy is hurtling towards its weakest half-decade performance in 30 years, according t…
ANI
2 mins read
The World Bank, IMF and BIS push for central bank cryptocurrencies to improve cross-border payments
CBDCs could shake up today's international payments systems, according to the World Bank, the IMF a…
Camomile Shumba
2 mins read
Australia, Malaysia, Singapore and South Africa will trial cross-border central bank digital payments
Australia, Malaysia, Singapore and South Africa have decided to jointly test multiple CBDC's that f…
Camomile Shumba
1 min read
Central bank digital currencies could slash costs for cross-border payments and speed transactions to seconds, BIS says
A prototype of a CBDC platform showed the time for cross-border payments taking as little as 2 seco…
Carla Mozée
2 mins read
Israel-Hamas conflict: Death toll crosses 1,500 with over 6,600 injured
At least 1,537 Palestinians have been killed and 6,612 others have been injured amid the ongoing co…
2 mins read
Three killed during Jenin raids by Israeli forces, including Islamic Jihad terrorist
At least three people including an Islamic Jihad terrorist were killed by Israeli forces during the…