Swift’s annual Sibos conference took place in China for the first time this week, and with it came the usual flurry of deals and announcements.

In its latest earnings, major US bank Citi saw its cross-border transaction value grow by 8% in Q3 2024 and discussed its latest tie-up with Mastercard Move.

We take a look at key acquisitions, fundraisings and partnerships in cross-border payments for Q3 2024.

This week, we’ve put together further insights based on the companies awarded a spot on The Most Promising Cross-Border Payments Companies for 2024.

Last week we published a landmark report on banks’ cross-border payments operations, which saw us comb through the earnings of 13 major banks.

We’ve taken another look at the difference between wholesale and retail CBDCs, and which are currently being discussed in relation to cross-border payments.

September has seen a flurry of new partnership announcements, with B2B2X providers already off to a strong start ahead of the rapidly approaching Q4.

Digital wallets have had a remarkable impact on financial inclusion, particularly in Africa and LatAM, but interoperability has presented a challenge.

The Central Bank of Egypt reported that remittances from Egyptians abroad surged by 87% YoY in July 2024, with the bank calling the rise “unprecedented”.