Tag "cross-border transactions"
Neon Customers Tap Cross-Border Payments Thanks to Wise Platform Integration
The partnership between Swiss neobank Neon and cross-border payment specialist Wise is providing the neobank’s customers with faster, lower cost and more transparent international payments, allowing them to send move in more than 40 currencies around the world right from
Read MoreBanks Remain Costliest Remittance Providers
Although wire transfers might be the quickest and most convenient way to send money, it is also exorbitantly pricey, especially when it involves international transfers. In fact, the World Bank’s Q1 2021 Remittance Prices World Quarterly report found that banks
Read MoreSWIFT Assesses What Roles It Could Play in Future CBDC Ecosystem
As central banks around the world accelerate their digital currency efforts, international payment network SWIFT is assessing what roles it could play in this new future. In a new paper released on May 11, 2021 and produced in partnership with
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