Allianz Trade, Santander CIB and B2B e-commerce platform Two have expanded their buy now, pay later service to enable payments for large retailers.
The fallout from the collapse of FTX has been felt keenly in the Arabian Gulf, where several jurisdictions have positioned themselves as would-be crypto hubs.
An investigation into allegedly unfair interchange fees charged by the two main card providers in the UK has been launched with a focus on driving down costs that are stifling the innovation of fintech start-ups.
The corporation worked with the Digital Dollar Project and Accenture on the wide-ranging white paper.
A culture of late payments by bigger companies is leaving small businesses struggling to get by.
As the centre of the world seems to shift eastwards, the region is turning away from the US dollar and towards bilateral local currency settlement.
Including the offshore yuan in its blockchain system is just one of HSBC’s latest developments.
Real-time payments look set to take off in the small and medium-sized enterprise market in 2023, according to recent reports in Europe and the US.
The US plans for the introduction of FedNow, its real-time payments solution – but decades after some other countries. What took so long?
A retail digital euro released into a complex financial system could become a ‘liquidity vampire’ if severe stress erupted in the banking system. But if soundly designed it could also bring many benefits.
Financial swindling is increasing at a global level, with certain country exceptions, though new machine-learning technologies are proving key in the fight against fraud.
Payment in cryptocurrency is becoming increasingly common, but even with the existence of stablecoins, it is not without its risks.
Consumers now have access to real-time payments through the PayTo system, with business access to follow, generating a host of advantages.
There are good reasons for most countries to improve cross-border payment efficiencies, though that desire is complicated by technical and legal issues. But new forms of digital money potentially open up some interesting new channels.
The markets are entering a period of disruption, both positive and negative, but ICMA chief executive Bryan Pascoe believes they can weather the storm and adapt in key areas.
Demand for gold-backed payments is on a sharp upward trend as customers look for stability, with regulators’ attention likely to draw in.
Huge growth in digital payments during the Covid-19 pandemic points to a longer-term trend, with physical payments set to gradually wane.
In the world of digitalisation, old trade issues have new consequences. What work is being done, what will a digitised trade finance ecosystem solve and what is needed for benefits to be realised?
New contenders are challenging the dominance of Swift in the cross-border payments space, compelling it to improve on its flaws.
African nations are at the vanguard of the new movement towards central bank digital currencies, in a desperate bid to regain the initiative in the wake of rising cryptocurrency usage across the continent.