Companies

Tencent and Mastercard Sign MOU on Cross-Border Payment Interoperability and Agentic Payments

PR Newswire

“TenPay Global, Tencent’s cross-border payment platform, and Mastercard have signed a memorandum of understanding (MOU) to explore cross-border payment interoperability and opportunities in agentic payments, the companies announced. The proposed collaboration aims to make cross-border commerce more connected. For international visitors, that means more ways to pay using familiar digital wallets and issuer apps at […]

Tags: Mastercard Tencent

Companies

Thunes and UnionPay International Transform Payments to China's Mainland, Launching High-Capacity Instant Payouts

PR Newswire

“Thunes announced a deepening of its strategic alliance with UnionPay International (UPI), transforming cross-border money movement into China’s mainland with bank-grade security and expansive operational scale. Thunes enables Financial Institutions, Payment Service Providers, and Money Transfer Operators to route instant cross-border consumer payouts to UnionPay cards in China’s mainland. Key expansion corridors include Africa, Australia, […]

Tags: Thunes UnionPay

Companies

Tencent and Visa Announce Strategic Partnership to Enhance Global Payment and Commerce Experiences Across Tencent’s Ecosystem

Tencent

“Tencent and Visa have signed a Memorandum of Understanding (MoU) to explore broader collaboration aimed at enhancing global payment and commerce experiences across Tencent’s ecosystem. The MoU sets out a comprehensive framework for collaboration across cross-border payments, agentic commerce, enterprise AI and support for global business expansion, bringing together Tencent’s payment solutions, digital platforms and […]

Tags: Tencent Visa

Global

Tencent, Visa Deepen Payments Push in China After Regulatory Green Light

CNBC

“Tencent and Visa are expanding their partnership in cross-border payments and AI-powered commerce, the companies said Thursday, deepening their push into China’s payments market. The agreement follows fresh regulatory approvals for U.S. financial firms in China, with Visa and Citi receiving the green light this month to expand their operations in the world’s second-largest economy.”

Tags: China

Global

Swift Platform Transforms Cross-Border Payments Experience Across Existing Rails and Digital Value

Swift

“Swift and its community are demonstrating what’s possible using a flexible, interoperable and currency-agnostic network at scale—enabling cross-border payments of all kinds to arrive in seconds and putting international payments on a par with the best domestic experience.”

Global

Cross-Border Payments Adapt to the Gig Economy

Global Finance Magazine

“The World Bank estimates that there are between 154 million and 435 million gig workers worldwide, a workforce that is helping reshape the estimated $191 trillion cross-border payments market. Financial institutions are looking to tap into the gig economy’s high-volume, low-value cross-border payments for freelancer payments, remittances, and small-business transactions. The market is projected to […]

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