Cross border payments

Citigroup is on a quest to modernize its global payments stack and be the go-to financial institution for cross-border payments and international corporations. Debopama Sen, head of payments at Citi's Services business, spoke with American Banker about the divisions' progress since its Services Investor Day in June 2024.

The president's rush to weaponize trade policy is going to accelerate efforts by other countries to decrease their reliance on U.S.-based payments processors. That's not in the country's interest.

Pro-crypto regulations could draw U.S. banks into the market, providing fresh competition. CEO Paolo Ardoino spoke with American Banker about the digital asset firm's strategy.

The payments company hopes to build its brand outside of its U.K. home base while attracting a deeper investor pool.

A focus on client relationships, rather than products, and investments in AI are helping the company in an increasingly competitive market.

The stablecoin issuer has kicked off its initial public offering after reportedly delaying it due to macroeconomic uncertainty caused by Trump's tariff plans last month. It first filed its S-1 with the Securities and Exchange Commission in April.

Only by facing the realities of geopolitical uncertainty head-on can we hope to preserve the integrity of the global financial system and enable the flow of capital that underpins prosperity everywhere.

Visa, Mastercard, PayPal are among the firms moving the cryptocurrency option closer to the point of sale.

The Spanish bank is integrating machine learning with cards, payments, financial management, savings and other products, while the American banking giant is assessing risk for business transactions. Plus: The CFPB eases a consent order on Wise.

Engineering an orderly transition toward greater currency diversification is urgent. It would strengthen financial resilience and help sustain international economic integration.