Transfer Costs
A tracked payments dataset for our banking coverage: what it measures, where the figures come from and when they were last checked.
JP Morgan Payments partners with Thunes for cross-border
JP Morgan Payments has integrated Thunes' network into its Xpedite Remit suite to expand its cross-border payment capabilities, offering clients...
ECB raises rates as oil prices stoke global
The European Central Bank has raised interest rates to 2.5%, citing persistent inflation from the US-Iran war's impact on energy costs.
Banks Must Assess Six Risks Before Adopting Stablecoin
Banks are now focused on the governance and compliance risks of using stablecoins for cross-border payments, moving beyond technical feasibility.
Cross-border card costs exceed domestic rate
Merchants comparing domestic card processing rates miss major hidden costs in cross-border transactions, including network fees, currency conversion
Stablecoins gain traction as treasury tool
Treasury teams are increasingly using stablecoins to manage cross-border payments and currency exposure, driven by the high cost of currency...
UK parcel theft costs shoppers £667m yearly
Parcel theft losses hit £666.5 million last year, leading more consumers to use local collection points for security.
Shinhan Financial partners with Visa for stablecoin and AI payments
South Korea's Shinhan Financial Group partners with Visa to use its stablecoin platform and explore AI-based payment models.
MoonPay's PayBox expands to Grok AI
MoonPay has launched its PayBox payment vault in Grok, enabling users to make payments and manage assets via the AI assistant.
ACI Worldwide webinar on multi-rail payments
A Finextra webinar, hosted with ACI Worldwide, will examine the operational shift from a 'cards versus Pay by Bank' debate to managing multiple...
LEI Data Key for Cross-Border Payments
The Global Legal Entity Identifier Foundation reports that standardized entity data, accessed via LEI codes, is critical for automating and improving
UK banks block crypto payments amid
UK banks are blocking or delaying 40% of payments to crypto exchanges, citing high compliance costs and poor economics as reasons.
Visa joins Singapore project to pilot stablecoin settlement
Visa has joined a Monetary Authority of Singapore-led initiative to test stablecoin settlement with B2B payments provider Nium, aiming to enable...
US Borrowing Costs Rise
US long-term borrowing costs have increased despite government intervention
BOCHK and Ant International Partner for Cross-Border Payments
Bank of China (Hong Kong) and Ant International have formed a strategic partnership to enhance cross-border payments and financial services
Countdown to Sibos: Navigating Value in an AI-Driven Economy
The upcoming Sibos conference will explore the impact of AI on treasury, payments, and financial decision-making. Experts will discuss the...
Stablecoins Offer Little Cost or Speed Advantage for Remittances, Italian Central Bank Finds
Researchers at Banca d'Italia have conducted a study on the use of stablecoins for cross-border payments, finding that they offer little cost or...
Mobile wallets surge in popularity as UK payment habits evolve
Mobile wallets are gaining significant traction in the UK, with nearly two-thirds of the population registered for at least one service. While card...
Visa and Mastercard Back New Agentic Payments Alliance
Visa, Mastercard, and other major players have joined the Agentic Payments Alliance to guide the development of AI commerce.
Lloyds Group Banks Hit by Online and Mobile Service Disruptions
Customers of Lloyds, Halifax, and Bank of Scotland faced widespread issues accessing online and mobile banking services, with thousands reporting...
Stripe Agrees $7 Billion Takeover of AI Firm OpenRouter
Payments giant Stripe has agreed to acquire AI gateway keeper OpenRouter for $7 billion, according to Bloomberg.
Companies Prefer Cash Over Digital Payments, ECB Finds
A recent survey by the European Central Bank reveals that companies in the Euro area still prefer cash over digital payments, citing concerns over...