cross border B2B payments RSS

American Express has announced the introduction of blockchain-enabled, cross-border B2B  payments. The American Express FX International Payments (FXIP) business is working with Ripple to make blockchain payments commercially available, reducing the time and cost of settlement, Santander UK is the selected partner to initiate this new transaction channel, which has the potential to expand substantially [...]

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The cross border B2B payments landscape is ever-changing, there are as many challenges as there are opportunities. High transaction costs, FX fees, and slow payment processing create issues for businesses on a daily basis, particularly for those who are making low value cross border transfers. The way in which PSPs, acquirers, and merchants conduct international B2B [...]

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