crossborder payments

May

Why atomic settlement could be a game-changer in cross-border payments

This commentary was written in collaboration with Banking Circle. The majority of cross-border payments are currently carried out via telegraphic transfers supported by SWIFT’s network of correspondent banks. These transfers are often criticized for being slow and expensive. A transfer can take several days to complete, while the World Bank…

Apr

Asia Payments Research

The future of cross-border payments in Asia is atomic

Defining atomic settlement Atomic settlement refers to exchanging assets between two parties in a single transaction, typically instantaneously and often without intermediaries. This can be particularly useful in cross-border payments, as it allows for faster and cheaper transactions compared to traditional methods that rely on a more comprehensive network of…

Oct

Asia Payments Research

Towards a super correspondent banking network for PSPs

A commentary in collaboration with Banking Circle. Cross-border payments are increasingly characterized by a dynamic and challenging market environment. On the one hand, the market is booming and expected to reach US$156 trillion this year. On the other, traditional international correspondent banking networks are shrinking at the same time that…

Contact Info

crossborder payments