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The US Federal Reserve is pushing ahead with plans to enable participants in its FedNow real-time payments system to make cross-border transfers.
Cross-border payments are no longer just for major corporations. Small businesses routinely buy inventory from overseas, pay international contractors, sell through global marketpl...
Since its launch, FedNow has significantly expanded its reach. Now, the Federal Reserve’s network is moving toward another milestone: supporting cross-border payments. Until this p...
Cross-border payments are expected to reach US$290 trillion by 2030, but moving money across markets is still harder than it should be. Banks, wallets, cards, real-time payment sys...
Cross-border payments are expected to reach US$290 trillion by 2030, but moving money across markets is still harder than it should be. Banks, wallets, cards, real-time payment sys...
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...
Report – The Future of Cross-Border Payments 2027: Forging Interoperability
Author: A finextra community member
Author: A finextra community member
Technological innovation has enabled fintechs to carve out a beachhead in cross-border payments, but banks still have cards to play.
FedNow has moved closer to supporting cross-border payments as Federal Reserve Financial Services prepares early institutions to test enhanced messages for the U.S. leg of internat...
Author: A finextra community member
Cross-border payments remain slow and expensive but fintech outfits such as Wise and Remitly have substantially cut costs relative to traditional retail bank wires while stabelcoin...
With a robust regulatory framework and innovative payment solutions, Pay10 empowers Indian businesses to seamlessly engage in global trade while enhancing local transaction efficie...
The Federal Reserve is inching toward adding some sort of cross-border capability to FedNow, but it’s not clear when or how.
Stablecoins can cross a blockchain in minutes, but a transfer between wallets does not establish that a supplier was paid or a migrant sent money home. New classifications put obse...
At Money20/20 this year, one question deserves more attention than how quickly money can move: what does it take to make a new payment rail genuinely useful to a business operating...
Sibos is in full swing down in Miami, and Swift, the Society for Worldwide Interbank Financial Telecommunications, announced that it is testing a proof of concept on the use of ali...
Swift has launched an initiative to bring the pay-by-alias experience of domestic national payment systems, Bizum, PayID and Pix, to cross-border transactions, enabling consumers t...
WEBINAR Less Friction, More Opportunity: The Future of Cross-Border Payments September 15, 2026 1:00 pm EDT Is your bank ready for the future of cross-border payments? For banks an...
Partior and LSEG are developing a solution to help banks manage liquidity around the clock for cross-border payments. The Multi-Settlement Bank solution will combine Partior’s clea...
A visitor to Brazil may want to sample food sold by local street vendors, but they may not be able to pay using the country’s popular method: Pix, the QR-based instant payments net...
Swift has launched an initiative to bring the pay-by-alias experience of domestic national payment systems, Bizum, PayID and Pix, to cross-border transactions, enabling consumers t...
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...
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