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Everything You Need to Know About Cross Border Payments
In the era of economic globalization, cross-border payments have become a vital necessity. In 2019, their value totaled $130 trillion and is estimated to reach $250 trillion by 2027. Since the volume of cross border transfers is demonstrating such rapid growth, it is an absolute must for business owners to be aware of what these transactions are and how to make them efficient. Our guide is your key to mastering the intricacies of this topic.
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The Role of Regulation in the Evolution of A2A Payments
The advancement of open banking and Application Programming Interfaces (APIs) has catalyzed the appearance of multiple new access and connectivity opportunities. This innovation course, in turn, has played a critical role in strengthening the links between FinTechs, banks, and payment platforms and streamlined the rise of account-to-account (A2A) payments.
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Central Bank Digital Currencies (CBDCs): Prospects for Europe
Since the nineties, central banks have been exploring the possibilities of digital currency, beginning with Finland’s Avant e-money card, launched in 1993. This invention didn’t make it far past the beginning of the new millennium, but many today still view it as the first central bank digital currency (CBDC), even if it wasn’t described as such at the time.