cross-border payments

Oct

ASEAN payment networks unveil ‘Next50’ roadmap for cross-border interoperability

The fragmented landscape of cross-border retail payments—marked by high costs, slow speeds, and limited transparency—has long been a major friction point for global commerce. In Southeast Asia, one of the world’s most dynamic and digitally-active regions, a monumental effort is underway to solve this problem, not in five years, but…

Sep

Blockchain Research

Swift and global banks forge a blockchain network for real-time, 24/7 payments

For decades, the global financial system has operated on a foundational paradox: while information moves at the speed of light, the money itself often crawls. Cross-border payments, in particular, remain tethered to the constraints of the correspondent banking model—a process that is slow, expensive, and limited by time zones and…

Sep

Payments Research

Major banks partner with Swift to tackle ‘Last Mile’ delays in cross-border payments

The global finance industry is embarking on a pivotal initiative to make sending money internationally as seamless and predictable as a domestic transfer. This effort, spearheaded by Swift and a coalition of over 30 major global banks, targets the notorious “last mile” friction that has long plagued cross-border retail and…

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cross-border payments