Search Podcasts

Episode 218 – The Technologies, Policies, and Realities of Cross-border Payments

Yvette Bohanan

August 30, 2023

Globally, cross-border payments represent $156 trillion annually – roughly 25% of global GDP – and are projected to reach nearly $250 trillion by 2027. From a payments industry perspective, these transactions account for approximately $40 billion of $2.1 trillion in fee-generated revenues, excluding foreign exchange¹. These attention-grabbing numbers have been in the line of sight of regulators, innovators, and incumbents with increasing urgency. Improvements in domestic systems have matured in many countries, leading to conversations on how new fast payments systems can go cross-border. And, indeed, they are in several regions. Central Bank Digital Currencies are piloting cross-border payments, too.

In this episode, we’re looking at the rapidly evolving space of cross-border payments with Glenbrook colleagues who have been traveling the globe working extensively with regulators, corporations, and governments on cross-border initiatives.

¹ The 2022 McKinsey Global Payments Report

Recent Payment Views

Involuntary Churn: Measured and Managed

Involuntary Churn: Measured and Managed

In our previous post on involuntary churn, The Payments Playbook for Challenging Churn, we explored the challenges faced by business in managing recurring billing operations. The post explored various tactics to manage and reduce involuntary churn, such as dunning...

read more
Buy Now, Pay Later: Where Have the Months Gone?

Buy Now, Pay Later: Where Have the Months Gone?

At the beginning of the year, I hypothesized that four issues needed to be addressed for sustained Buy Now, Pay Later success. What happened this year? To what extent did we mature our BNPL market?  Let's take a look at 2023 progress: Issue 1: BNPL Education January...

read more
Payments Post #6: Glenbrook’s August Roundup

Payments Post #6: Glenbrook’s August Roundup

Chris Uriarte and Justin Pituch put their heads together to sift through the August news in search of a broader storyline. Looking back at headlines surrounding merchant surcharging, fee backlash, and Adyen’s lackluster H1 performance, we noted an underlying theme of...

read more
Payments Post #6: Glenbrook’s August Roundup

Payments Post #5: Glenbrook’s June/July Roundup

Payments Post was on vacation last month; your editor was making his way from Berkeley, CA to a new home in Chicago, IL. But now that I’m settled in the Windy City, I’m happy to present this “double feature” post, covering developments in both June and July. Two major...

read more

Glenbrook Payments Boot CampTM

Register for the next Glenbrook Payments Boot CampTM

An intensive and comprehensive overview of the payments industry.

Train your Team

Customized, private Payments Boot CampsTM workshops tailored to meet your team’s unique needs.

OnDemand Modules

Recorded, one-hour videos covering a broad array of payments concepts.

GlenbrookTM Company Press

Comprehensive books that detail the systems and innovations shaping the payments industry.

Launch, improve & grow your payments business