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Instant payments transactions to exceed $27 trillion globally by 2026
A new study has found the transaction value of instant payments will exceed $27.7 trillion in 2026, from just $4.8 trillion in 2021. The research identified that this extraordinary growth... read more
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Visa continues acquisitive direction with purchase of Currencycloud
Visa has announced it has signed a definitive agreement to acquire Currencycloud, a global platform that enables banks and FinTechs to provide innovative foreign exchange solutions for cross-border payments. The... read more
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Visa and cryptocurrency: Inside the networks digital currency plans
It’s been on the cards for some time, but 2021 is finally seeing established payment companies take the opportunities of cryptocurrency seriously, and among those taking a serious look at... read more
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FSB: Roadmap for enhancing cross-border payments
The G20 has made enhancing cross-border payments a priority during the Saudi Arabian Presidency. Faster, cheaper, more transparent and more inclusive cross-border payment services, including remittances, while maintaining their safety... more
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SWIFT sets sights on new service for low value cross-border payments
SWIFT says it has a new service to help banks improve the experience for small and medium-sized enterprises (SMEs) and consumers who send low-value payments across borders. SWIFT is working... more
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