Cross-Border Payments
Facebook’s Novi, Strike’s Bitcoin App Spell Trouble for Western Union, Analyst Says
BTIG analyst Mark Palmer says traditional money-transfer firms are likely to face increased pressure from crypto projects.
Australia, Malaysia, Singapore, South Africa to Trial CBDCs for Cross-Border Payments
The four central banks are working on a joint project that will develop and test shared platforms for international settlements with multiple CBDCs.
SWIFT Go Launches Low-Cost Network With 7 Major Banks
The service might be seen as a possible threat to the real-time payments network offered by Ripple.
BIS, IMF, World Bank Say Central Banks Must Consider Cross-Border Implications of CBDCs
Central banks are focusing on domestic CBDC use, even though the implications go beyond borders.
6 Leading Banks Back SWIFT's New International Payments Platform
The banks include Citi, Bank of China, BNP Paribas and Deutsche Bank.
Ex-PayPal Execs Launch Cross-Border Payments Network on Algorand
Six Clovers is using regulated stablecoins like USDC.
DBS, JPMorgan and Temasek to Create Blockchain-Based Payments Joint Venture
The platform, to be dubbed “Partior,” will seek to disrupt the traditional payments model and the common pain points that come with it.
BOJ Wants to Set ‘Common Rules’ on CBDCs With Major Central Banks: Report
The BoJ says a set of common rules would lay the groundwork for efficient cross-border payments.
Citi Completes Cross-Border Payments Pilot Using LACChain
Citi teamed with the Inter-American Development Bank to send cross-border payments between the U.S. and Latin America.
Stellar to Add Support for USDC Stablecoin, Opening Up Dollar-Backed Remittances
The addition of the dollar-backed USDC stablecoin seeks to bolster Stellar’s standing as a cross-border payments network.
