Tag: Cross-Border Payments

B2B cross-border payments spend to exceed $40trn in 2024

Global spend on B2B cross-border payments is expected to exceed $40trn by the end of 2024, rising from $27trn in 2022, according to a report from Juniper Research.

Fleetcor closes acquisition of Global Reach

Fleetcor Technologies, a business payments firm, has completed the acquisition of cross-border payments company Global Reach.

Challenges ahead for cross-border commerce

UK-cross border retail has declined by 71%, according to research by payments platform Adyen.

Overwhelming majority of firms to prioritise cross-border commerce in 2022

A report by FinTech Rapyd has found 93% of businesses see cross-border commerce as a high priority for 2022 and beyond.

Thunes advances global footprint with Greater China expansion

Cross-border payments firm Thunes has revealed plans to substantially speed-up its expansion in Greater China as it deepens its global operational footprint.

Taptap Send lands $65m to advance fight against global financial inequality

Cross-border financial platform Taptap Send has reeled in $65m from a Series B funding round led by Spark Capital.

Singapore and Malaysia foster financial synergies with payments linkage

Singapore and Malaysia are set to begin a phased linkage of their two payment systems to support faster transactions between the two countries.

Currencycloud appoints CTO and COO to continue rapid growth

Cross-border payments company Currencycloud has bolstered its senior team with the appointment of a new chief operations officer and chief technology officer.

Routefusion bags $3.6m to aid its product expansion

Routefusion, which enables companies to embed cross-border payments within their applications, has scored $3.6m in its seed round.Silverton Partners served as the lead investor,...

FSB publishes roadmap to enhance cross-border payments

The Financial Stability Board (FSB) has published a roadmap to enhance cross-border payments, which will be delivered to G20 finance ministers and central bank governors at a October 14 meeting.

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