Companies

Competing Rails for Crossborder Payments: Banks, Fintechs, and Stablecoins

Bank for International Settlements

“The paper focuses on the costs of cross-border payments across three payment channels: traditional banks, fintech money transfer operators (MTOs) and stablecoin-based transfers. There are three sets of findings. First, fintech money transfer operators (MTOs) substantially reduce cross-border payment costs relative to traditional retail bank wires. In our small sample of bank transactions, FX markups […]

Tags: Bank for International Settlements

Companies

Boost Payment Solutions Expands Global B2B Payments Capabilities with Airwallex

PR Newswire

“Boost Payment Solutions announced a commercial partnership with Airwallex, the AI native financial operating system for modern businesses, to further enhance its international commercial card processing capabilities. The collaboration will help Boost streamline supplier onboarding and simplify cross-border payment processing. Boost has built a global proprietary B2B payments platform designed to help businesses send and […]

Tags: Airwallex Boost Payment Solutions

Companies

Mastercard Introduces Risk Intelligence to Enable More Secure Stablecoin Payments

Mastercard

“Mastercard announced Stablecoin Security, a new risk intelligence solution, with Borderless.xyz and Keyrails as initial partners. As stablecoins play a growing role in cross-border and business-to-business payments, financial institutions need a clearer view of risk across increasingly complex payment flows. The solution builds on Mastercard’s existing capabilities and helps financial institutions identify fraud, scams, sanctions […]

Companies

J.P. Morgan Payments Powers Mercado Libre’s Global Selling Expansion

J.P. Morgan Payments

“J.P. Morgan Payments is supporting leading Latin America e-commerce marketplace’s Global Selling program, which enables U.S. businesses to sell across Latin America. Mercado Libre is leveraging Embedded Payments from J.P. Morgan Payments for its U.S. sellers. The solution was designed to improve the cross-border payment experience for Mercado Libre’s sellers by simplifying cross-border payment management and improving […]

Tags: J.P. Morgan Payments

Companies

PPRO Partners with Damisa for Stablecoin-Powered Treasury and Cross-Border Settlement

Damisa

“Damisa, the regulated stablecoin-native settlement platform for cross-border business payments, announced that PPRO has partnered with Damisa. What began as a focused deployment in the Latin American region is now scaling with PPRO’s global expansion. Through the partnership, PPRO taps into Damisa’s onramp and off-ramp network to move money. Damisa converts the funds into regulated […]

Tags: Damisa

Companies

J.P. Morgan Payments Spotlights AI, Blockchain and Cross-Border Payments at Sibos 2026

J.P. Morgan Payments

“At Sibos 2026, J.P. Morgan Payments showcased what it sees as the next wave in global money movement: faster cross-border payments, more transparency, and smarter capabilities powered by data and AI. J.P. Morgan Payments leaders focused on three themes that are increasingly central to payments strategy: The future of global infrastructure, AI and data, and […]

Tags: J.P. Morgan Payments

Companies

Wells Fargo Prepares for Stablecoins as CEO Questions US Use Cases

Crypto News

“Wells Fargo has outlined plans to issue stablecoins with 20 other financial institutions in the first half of 2027, while CEO Charlie Scharf has said their use cases in the United States remain unclear. Scharf said Wells Fargo launched tokenized deposits for corporate and commercial clients in September. The consortium plans to support cross-border payments and […]

Tags: Wells Fargo

Companies

Visa Data Shows Stablecoins Gaining Traction in Business Payments

Visa

“Visa shared new data showing the growing adoption of stablecoins across business payments and commercial card programs. The findings come as businesses, financial institutions and payment providers increasingly explore stablecoins for settlement, treasury management, payouts and cross-border commerce. New Visa data shows: Approximately 17% of stablecoin-linked card volume in FY26 year-to-date occurred across business and […]

Tags: Visa

Companies Global

Brazil Central Bank Bars Crypto Settlement in Cross-Border Payments

Tokenpost

“Brazil’s central bank will ban stablecoins and other cryptocurrencies from settling cross-border payments starting Oct. 1, cutting off a crypto-based back end used by electronic foreign-exchange providers and payment companies. The restriction applies to fintech companies and payment firms that process overseas remittances through electronic foreign-exchange services.”

Tags: Brazil

Merchants

Episode 303 - Fanning the Flames: Every Payment, Every Environment, All at Once

This episode is a follow up to Drew Edmond's 2025 payments performance optimization series, and an accumulation of what he has learned about how optimization actually works today. And here's the short version - for subscription payments and for subscription businesses, an individual transaction success depends on a lot more than just the payment.  Tune in as Drew outlines a data-forward approach that spans every environment a payment touches, highlighted by clips from previous guests from the payments performance optimization series.

Companies

SWIFT Links Bizum, PayID and Pix Aliases for Cross-Border Transactions

Crowdfund Insider

“Swift and a coalition of banks, payment schemes, and technology firms have begun work on linking popular domestic instant-payment systems so that consumers can send money abroad using the same simple identifiers they already use at home. The initiative, announced on 28 September 2026, focuses on three widely adopted national platforms: Spain’s Bizum, Australia’s PayID […]

Tags: Swift

Companies

FedNow To Test International Real-Time Payments

Digital Transactions

“FedNow, the instant-payment service operated by the Federal Reserve, prepares to test cross-border transactions. The test will involve a group of organizations that were not named. They will test “FedNow enhanced message formats that facilitates sending and receiving the U.S. domestic leg of cross-border payments,” a Fed statement says. Possible use cases could be international […]

Companies

Bank of America, Bradesco Test Instant Cross-Border Payments

Bank of America

“Bank of America announced that Bradesco, one of Brazil’s largest private-sector banks, has completed the first pilot transaction using the bank’s Cross-Border Real-Time Payments solution. The payment was initiated through Bradesco’s existing Swift connectivity and delivered in Hong Kong dollars to a local beneficiary through Hong Kong’s Faster Payment System (FPS).”

Tags: Bank of America

Companies

Swift Tests Pay-by-Alias Cross-Border Payments with Global Banks

TNGlobal

“Swift and a group of banks, payment schemes and technology providers are working on a pay-by-alias model intended to make international transfers feel more like domestic instant payments. The initiative would let consumers send money abroad using identifiers such as a mobile phone number, email address or virtual payment address instead of entering a recipient’s […]

Tags: Swift

Companies

Swift and Its Community Innovate to Bring Ease of Domestic Consumer Payments to Cross-Border Transaction Experience

Swift

“Industry initiative aims to extend the front-end experience of domestic payments systems like Bizum in Spain, PayID from AP+ in Australia, and Pix in Brazil across borders Consumers will be able to send money to friends’ and family members’ accounts internationally using pay-by-alias identifiers like mobile phone numbers and email addresses The work builds on […]

Tags: Swift