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You Searched For "cross border payments" and got 17 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   


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2 mins read

Russia is turning to crypto as sanctions snarl payments, report says

Russia could start cryptocurrency exchange trails as soon as next month, in order to solve payment …

Filip De Mott   


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5 mins read

Countries from Russia to China are building payments systems that could threaten the dollar's global dominance

Cryptocurrencies, SWIFT alternatives, and even the barter system could reshape global payments amid…

Huileng Tan   


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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   


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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   


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1 min read

Paytm to invest Rs 100 Crore in GIFT City; plans to offer AI-driven cross border remittance

One97 Communications Limited (OCL) that owns the brand Paytm, India's leading payments and financia…

ANI   


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2 mins read

De-dollarized payment systems are cropping up. Here's why they're unlikely to dent greenback dominance.

"The emergence of the technological capacity to drive de-dollarisation does not necessarily mean de…

Filip De Mott   


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1 min read

The dollar falls behind the yuan for the first time in Chinese cross-border transactions

The yuan now accounts for 48% of China's cross-border transactions versus 47% for the US dollar.

Filip De Mott   


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1 min read

Nearly 60% of multinational companies are now using at least 1 cryptocurrency for cross-border payments, study shows

Smart contracts and reduced costs are leading more international firms to adopt crypto and blockcha…

Carla Mozée   


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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   


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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   


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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   


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2 mins read

Payment Channels and Types of Transactions

Ongoing ecommerce growth is pushing payment providers to make efficient and inexpensive digital pay…

Insider Intelligence   


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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   


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3 mins read

Digital transactions to soon exceed cash in India: PM Modi

The Prime Minister of India, Narendra Modi, expressed hope that digital transactions will soon surp…

PTI   


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2 mins read

Payment Channels and Types of Transactions: Digitization, Integration, and the Economy

Ongoing ecommerce growth is pushing payment providers to make efficient and inexpensive digital pay…

Insider Intelligence   


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2 mins read

Crypto network Ripple gets a foothold in Asia with its 40% stake in cross-border payment firm Tranglo

Ripple is tapping into growing Asian demand with a stake in international payment firm Tranglo.

Sophie Kiderlin