Banks from both sides of the Atlantic have successfully exchanged payment messages for a faster cross-border payments as part of a proof of concept demonstrating the feasibility of synchronising settlement... read more
The post EBA CLEARING, SWIFT and TCH team to pilot fast cross-border payments appeared first on Payments Cards & Mobile.
Global cross-border payment flows are expected to reach $156 trillion in 2022. This trillion-dollar cross-border payments market is being shaken up by a rush of new entrants that promise to... read more
The post Three trends redefining the global cross-border payments market appeared first on Payments Cards & Mobile.
Singapore is taking a leading position in the fast growing Faster Payments space, inking two deals with influential neighbours in the space of two weeks. First, the Reserve Bank of... read more
The post Singapore’s MAS takes a lead in foreign faster payment links appeared first on Payments Cards & Mobile.
The Bank for International Settlements (BIS) and four central banks will test the use of CBDC for cross-border transactions, as global regulators seek to improve the speed and movement of... read more
The post BIS ramps up Project Dunbar multi country cross-border CBDC transactions appeared first on Payments Cards & Mobile.
Two decades into the 21st Century, we have become accustomed to having every convenience at our fingertips exactly when we want it. In many ways that extends to our finances,... read more