Cross border payments

Companies that can pay people quickly and flexibly will have an advantage, says Payslip's Fidelma McGuirk.

Potential central bank digital currencies would need to be integrated into existing payment systems alongside cash and other forms of money, Federal Reserve Chair Jerome Powell said.

The payments division of Western Union has integrated with the Swift Global Payment Initiative for faster transfers, and has added international currency options.

Pelican, a provider of payments and artificial intelligence technology, is supporting Swift's development of a new service for low-cost cross border payments across its Global Payments Initiative and high-speed rails.

The ability to manage both domestic and international invoices through the same AP automation and workflow creates enormous operational advantages for finance teams and the line of business, says MineralTree's Nicolette Medina.

Cross-border payments technology provider Routefusion plans to expand its embedded software services and global partnerships after a recent funding round.

The software company in a court filing reiterated its argument that XRP is a virtual currency that doesn't need to be registered.

Sending money should be simple, but fintechs can’t do it alone. By leveraging cutting-edge technology like blockchain, we can solve real problems in payments that impact everyone, everywhere, says RippleNet's Vidya Mani.

B2B cross-border payments provider Currencycloud is partnering with online foreign exchange trading service OANDA to establish an international money transfer network for companies in North America.

Flywire braced for disaster last year when the pandemic struck, with millions of foreign students canceling their academic plans indefinitely.