Consumer money transfer industry needs to cut send costs by 27% each year to reach G20 targets: FXC Intelligence analysis
October 24th, 2024
To meet G20 targets to improve speed, cost, access and transparency by 2027, the consumer money transfer industry will need to reduce send costs by 27% each year.
New data analysis from FXC Intelligence, the leading provider of cross-border payments data and intelligence, shows that Tiktok takes 77% of Gifts users send to creators.
FXC Intelligence announces the Global Most Promising Cross-Border Payments Companies for 2024
October 3rd, 2024
Today, FXC Intelligence published the Global Most Promising Cross-Border Payments Companies for 2024.
FXC Intelligence to announce the Global Most Promising Cross-Border Payments Companies for 2024
September 30th, 2024
This Thursday, FXC Intelligence will announce the Global Most Promising Cross-Border Payments Companies for 2024.
Banks take 92% of global B2B payments – but are still waking up to $56tn opportunity
September 26th, 2024
Exclusive FXC Intelligence market sizing data released as part of a landmark report on the state of banks shows that in 2023 the entire B2B cross-border payments market saw payment flows of $30.2tn globally. Of that, $27.8tn was handled by banks, or 92%.
Klarna on track to halve its workforce with AI by the end of 2025
September 5th, 2024
At current rates, Klarna will reach its AI-supported target of cutting half its workforce by the end of 2025, according to new analysis from FXC Intelligence, the leading provider of cross-border payments data and intelligence.
FedNow: the numbers one-year on
July 3rd, 2024
To coincide with the one-year anniversary of FedNow this July, FXC Intelligence is looking at the progress of the US Federal Reserve’s instant payments rail in a new report.
Payment processors report continued growth in Q1 2024
June 13th, 2024
FXC Intelligence, the market-leading provider of cross-border payments data and intelligence, today released its report on the key trends for payment processors in Q1 2024.
Exclusive: Women account for just 26% of senior leadership roles in cross-border payments
June 6th, 2024
FXC Intelligence published an industry-first report today investigating female representation in senior roles in the cross-border payments industry.