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Top Three Major Factors Responsible For The Growth of The Cross-Border Payments Industry

Cross-border payments are currency transactions between people or businesses in different countries. The existing cross-border payment channels are the lifeblood of the globalised economy, facilitating global e-commerce expansion, the rise of complex international supply chains, and remittances sent by migrant workers in billions of dollars each year. Cross-border payments involve the movement of funds between […]

3 Things to know about Central Bank Digital Currencies (CBDCs)

A central bank digital currency (CBDC) is a digital version of government-backed, fiat money. This type of digital currency is issued by a central bank and tied to the country’s national currency. More than 80 countries around the world are researching or developing CBDCs, and they’re at various stages of the process. Here are 3 […]

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