This week, the US Senate narrowly passed the latest version of the One Big Beautiful Bill Act, including updates to a new tax on remittances sent from the US.
Remitly has formally entered the cross-border B2B payments market for the first time, targeting small businesses with a service initially available in the US.
Q1 25 earnings calls have given us a sense of how the US tariffs might impact the payments industry, and for many the outlook remains cautiously optimistic.
PayPal and Worldline have received licences to operate as cross-border payments aggregators in India, PayPal for imports and Worldine for import and export.