Cross-border Payments

After highlighting the ongoing challenges in cross-border payments, the European Central Bank (ECB) is taking steps to link its instant...

Much has been made of the potential efficiencies that stablecoins and other cryptocurrencies could bring to cross-border payments, but Brazil’s...

For decades, typically large regional or money center banks served as correspondent banks that enabled smaller banks to offer cross-border...

Leaders from the world’s largest economies developed a roadmap to improve cross-border payments four years ago, but those objectives now...

Global messaging hub Swift has spent decades building a global system for cross-border payments, and now it plans to launch...

The Swift messaging system has long been a central player in improving international transactions, and the network now has its...

The correspondent banking model, which has dominated cross-border payments for years, is—at best—a deeply flawed system. It relies on manual...

Amid a post-pandemic tourism slowdown, Thailand is launching an 18-month program to test whether crypto payments can help draw more...

Payments company Thredd is leveraging Mastercard’s network to give its travel agency clients a more efficient way to conduct international...

The correspondent banking model that has enabled cross-border payments for the past 50 years is built on trust; trust that...