All posts tagged "cross-border payments"
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11ChinaChina to Develop Digital Trade, Cross-border Payments
Under a new five-year plan for trade in services, China will upgrade CIPS and further develop cross-border payments and financing.
October 25, 2021 -
120AML / KYCInconsistent AML Approaches Cause Cross-border Payment Frictions
The FATF says inconsistent implementation of AML/CFT requirements increases cost, reduces speed, limits access and reduces transparency in cross-border payments.
October 23, 2021 -
172InternationalMore Than 100 Banks Sign On to Adopt ‘SWIFT Go’
SWIFT Go is an instant cross-border payments service for SMEs and retail customers that was launched at seven banks in July.
October 15, 2021 -
129InternationalCross-border Payments Roadmap Remains Firmly on Track: FSB
The FSB has published a progress report on work to enhance cross-border payments as outlined in the G20 Roadmap last year.
October 14, 2021 -
141EuropeEBA Clearing, SWIFT, TCH Collaborate on Cross-Border Payments
A POC has been completed that uses existing payment systems in the US and Europe to achieve synchronised settlements in cross-border payments.
October 13, 2021 -
138Feature
FSB Reports Progress on NBFI Risks, Cross-border Payments
A letter to the G20 ministers from the FSB focuses on work to develop a more resilient NBFI sector and address challenges in cross-border payments.
October 12, 2021 -
155Fintech / RegtechRBI Announces Fraud Theme for Fourth Sandbox Cohort
The RBI said ‘prevention and mitigation of financial frauds’ will be the theme for the fourth regulatory sandbox cohort.
October 12, 2021 -
119InternationalCPMI Calls for Solutions to Expand PvP Settlement
Banks and fintechs are invited to share their views on potential solutions to expand PvP settlement to further mitigate FX settlement risk in global markets.
October 8, 2021 -
190AML / KYC
SWIFT Publishes Guidelines for Screening ISO 20022 Messages
Richer data in ISO 20022 messages allow financial institutions to potentially reduce false positives in sanctions screening, SWIFT says.
October 6, 2021 -
174Australia & NZRBNZ Issues Consultation on Potential CBDC Issuance
A CBDC would help ensure central bank money remains relevant in a digital future, while also providing an additional monetary policy tool, the RBNZ said.
October 5, 2021
