Cross-Border Payments
Why Russian Sanctions Could Push Corporations Towards Crypto
The sudden disconnection of Russia from the global financial system is a moment for reflection. But economic fragmentation has a cost.
NY Fed Launches Fintech Research Wing With BIS Help
The NYIC will be led by PwC alum Per von Zelowitz, who joined the New York Fed in July.
Mexican Crypto Exchange Bitso Incorporates Circle Solutions for Cross-Border Payments Initiative
The Bitso Shift initiative will allow Mexican businesses to make cross-border transactions more securely and easily.
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.
