Cross-border Payments

The correspondent banking system that has been the framework for cross-border payments for decades has become inadequate to meet the...

A senior U.S. Treasury official expressed concerns that establishing a cross-border payments system outside a transparent regulatory framework could pose...

As cross-border payments fuel an increasingly globalized economy, concerns about fraud in these transactions have also grown. Although cross-border payments...

Swiss financial giant UBS is the latest bank to launch a blockchain-based solution designed to facilitate cross-border payments. With the...

The Bank for International Settlements has said that Project Mandala, an initiative to create an automated regulatory compliance system for...

More than half of global consumers have made instant cross-border payments for goods and services, and that market is projected...

Tapping into the global economy requires successfully navigating the challenges associated with cross-border payments. Even relatively simple tasks, like processing...

Project Agora, the cross-border payments project proposed by the Bank for International Settlements (BIS), has received the backing of 41...

An executive at an EU fintech said that improving the financial relationship between the UK and the European Union would...