Cross-border Payments

A delayed or misdirected payout can have drastic effects on the recipient. A recent report from Mastercard found that 76%...

When PayPal recently announced that its cross-border money transfer platform, Xoom, would now support the PayPal USD (PYUSD) stablecoin, reactions...

The Federal Reserve Bank of New York, along with six other central banks, will team up with the Bank for...

Imagining a world less economically interconnected than our current one is challenging. Yet three decades ago, global interactions were markedly...

Mastercard’s recent collaboration with Alipay to facilitate swift and secure global money transfers marks a significant development in response to...

Pix, Brazil’s instant payments system, which garnered more than 160 million users since its launch in 2020, is going global....

The European Union Council has adopted new rules that require instant payments in euros to be fully available in the...

What have been the most important factors furthering cross-border payments over the past decade? That’s one question answered by the...

HSBC’s announcement of Zing, a cross-border transfer app that will launch shortly in the UK, shows one of the world’s...

Understanding that the current cross-border landscape remains fragmented, the International Monetary Fund (IMF) is exploring the use of a trusted...