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Correspondent banking is the arrangement in which one bank holds accounts for another and executes
The real cost of correspondent banking is the working capital held motionless in nostro accounts, f
Every non-US fintech and bank reaches the dollar the same way: through a correspondent with US cle
Correspondent institutions that offer named account services could offer a crucial step towards get
Correspondent institutions that offer named account services could offer a crucial step towards get
The scale and speed of Banking as a Service (BaaS) have fundamentally reshaped how cross-border pay...
The scale and speed of Banking as a Service (BaaS) have fundamentally reshaped how cross-border pay...
Two announcements this September tell an interesting story about correspondent banking risks involvi...
Digital asset custody services provider Anchorage Digital has formed a partnership with Standard Chartered through which it will offer USD accounts and access to Swift wires, inclu...
Terrabank, a Miami-based community bank and affiliate of Grupo Promerica, today announced a strategic partnership with TerraPay, a global money movement company, and Mozrt, a payme...
XTransfer, a global B2B cross-border trade payment platform, signed strategic cooperation agreements with China ZheShang Bank (CZ Bank) and Industrial Bank Co., Ltd. (CIB) during t...
As fintechs rapidly rewrite the rules of global payments, legacy banks are facing a difficult reality: adapt quickly or risk losing customers. Even cross-border payments—once firml...
Joining FinextraTV at Sibos 2026 in Miami, Pratik Khowala, Executive Vice President and Global Head of Transfer Solutions at Mastercard, covers:
BNY has unveiled a Pay-to-Wallet capability, making it possible for banks to send cross-border payments from bank accounts to participating retail digital wallets, using existing S...
Cosmos Labs has announced connectivity between its Tokenization Suite and Swift’s blockchain-based shared ledger. Banks can use Cosmos infrastructure to run tokenized-deposit ledge...
Author: A finextra community member
KB Kookmin Bank will launch an import/export corporate payment service leveraging Kinexys by J.P. Morgan’s Blockchain Deposit Account (BDA) network.
IBM Digital Asset Haven can now connect financial institutions to Swift’s blockchain-based shared ledger through a beta integration. Banks can instruct tokenized-deposit transactio...
Chainlink is connecting banks to Swift’s blockchain ledger through CRE, supporting tokenized deposits and 24/7 cross-border payment workflows.
The National Bank of Bahrain (NBB), a leading bank in Bahrain has entered into a strategic partnership with TerraPay, a global digital money movement company, to expand its interna...
Miami-based community bank Terrabank has teamed up with TerraPay, a global money movement company, and payments technology platform Mozrt to offer cross-border payments. Clients wi...
The Financial Crimes Enforcement Network (“FinCEN”) has proposed to revoke Banque Misr UAE’s (the “Bank”) correspondent banking access to U.S. financial institutions, finding that...
TCS to help Indian Bank modernise its overseas treasury operations across money markets, investment management, and foreign exchange
FX execution is moving deeper into treasury workflows. Here's what the corporate treasurer will expe...
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