Introducing Mastercard Move Commercial Payments to power near real-time commercial cross-border payments 24 hours a day, 365 days a year Mastercard announces new product innovation, Mastercard Move Commercial Payments, that will enable banks to facilitate near real-time, predictable and transparent commercial cross-border payments. The new solution, revealed in Beijing at the annual Sibos conference, aims to…
New paper ‘Beyond Payments’ identifies four key developments in cross-border digital payments that deliver great opportunities for merchants to create a frictionless, personalized, and extended consumer journey Throughout the past decade, the rapid proliferation of mobile payment solutions has been a key enabler for growing digital economies across Asia and beyond. The robust growth of…
Cross-border payment inefficiencies are a significant barrier to trade both within Latin America and the Caribbean (LAC) and between LAC and other regions. This paper provides a comprehensive review of historical efforts undertaken by various countries within the LAC region to address these challenges. We also explore the potential of recent financial innovations, such as…