Examples of using Cross-border payments in English and their translations into Chinese
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Blockchain technology in cross-border payments.
Indeed, B2B cross-border payments, traditionally by fragmentation and opacity, are a potential use case for the successful implementation of DLT.”.
TARGET2 processes domestic and cross-border payments equally fast.
A fragmented world, with differing standards, processes, norms,and regulations is the key challenge in cross-border payments today.
Launched in 2012, Ripple“enables banks to settle cross-border payments in real-time, with end-to-end transparency, and at lower costs.”.
The company initially started with payments into Mexico from the US buthas since started sending cross-border payments to the Philippines.
Also confirm that you are ready to receive cross-border payments and that you adapt your products and services to appeal to your targeted audience.
The demo reportedly demonstrated its ability to send cross-border payments in seconds.
However, the authority believes cross-border payments are currently inefficient and expensive, and digital currency could help solve the problem.
The demo app displayed its ability to send cross-border payments in seconds.
Aranda emphasized the company's focus on cross-border payments and that they want to be more competitive than traditionalpayments network SWIFT.
Reportedly, the demo showcased the app's ability to send cross-border payments in a few seconds.
Our banks can work together on new models of cross-border payments to improve settlement time, allow for round the clock operations, and reduce settlement risk.”.
Moreover, the bank seeks to facilitate faster and cheaper cross-border payments via RippleNet.
While talking about innovation and new products to facilitate banking, Botin revealed that Santanderhad joined hands with Ripple to facilitate cross-border payments.
The main purpose of Libra is to use cross-border payments and remittances.
Mastercard, meanwhile, is launching its own blockchain network to enable partner banks andmerchants to make cross-border payments faster and more securely.
From enhancing customer experience in day-to-day trade, finance and cross-border payments, to smart contracts and IoT security, blockchain is transforming the way companies do business.
In addition, central banks and governments are considering adopting these technological innovations to change existing frameworks,especially involving cross-border payments or remittances and general payments. .
Western Union expands real-time cross-border payments to India.
Libra's primary purpose is to be used in cross-border payments and money transfers.
A uniquely African crypto-currency will greatly improve cross-border payments between African countries.
A uniquely African cryptocurrency could potentially improve cross-border payments between African countries.
The question arises though, of whether Big Tech firmsshould be trusted to manage global cross-border payments, potentially via global stablecoins.
This network allows banks andother financial institutions to settle all cross-border payments in real-time, at lower risks, with end-to-end transparency.
Wang said facilitation measures can simplify logistics,customs and cross-border payments related to trade, making regulation more transparent and efficient.
The Chinese market contributesone-fifth of PayPal's cross-border payment business, while cross-border payments account for 21% of its total business.
CIMB will integrate Ripple's XCurrent product,a software solution for expediting cross-border payments, for its“SpeedSend” remittance product.
Tom Shaughnessy, head of cryptocurrency research firm Delphi Digital,said JPM Coin for cross-border payments directly threatened Ripple and its digital currency XRP.