Foreign exchange risk is not a trivial issue. Global corporations move around $23.5 trillion across borders every year and pay an estimated $120 billion in transaction fees, a large share of which comes from FX spreads and conversion costs. Unmanaged FX risk adds unpredictable costs, slows settlements, and makes reconciliation harder. For businesses operating in... Read more » The post How to Manage Foreign Exchange Risk in Cross-Border Payments first appeared on Thunes.| Thunes
Emerging markets will play a crucial role in shaping the global economy. By 2035, these regions are expected to drive 65% of global economic growth. While cash transactions still play a major role, there is strong momentum towards digital wallets, mobile money, and real-time payments. For businesses and platforms, emerging economies offer significant opportunities, but... Read more » The post 5 Payment Strategies to Enter Emerging Markets first appeared on Thunes.| Thunes
[vc_row][vc_column][vc_column_text]Join Federal Reserve Financial Services (FRFS) this fall at upcoming conferences, where industry experts and professionals will be engaging around the momentum for instant and faster payments adoption, fraud trends and latest prevention and mitigation tools and efforts, the value and opportunities of payments standards, and more. Here’s a preview of key events (Off-site). Jack Henry™ Connect: Sept. 8-11, San Diego, CA Jack Henry Connect (Off-site) offer...| FedPayments Improvement
Cross-border payments in emerging markets are growing faster than almost any other segment of global finance, yet they’re still among the most complex to execute. Businesses must navigate regulatory fragmentation, currency volatility, and patchy local infrastructure, often while trying to meet growing demand for speed, transparency, and cost efficiency. This is where emerging market payment... Read more » The post Managing cross-border payments in emerging markets first appeared on Thunes.| Thunes
Cross-border payments are undergoing a fundamental shift. For decades, the Swift network has served as the backbone of international transactions. But as businesses demand faster settlements, greater transparency, and real-time visibility, traditional systems are evolving to meet new expectations. Swift GPI is leading that change. Designed to modernise the international payments experience, GPI brings faster... Read more » The post How Swift GPI is Shaping the Future of Cross-Border Payments...| Thunes
The Federal Reserve engaged on innovations and trends that are transforming the payments industry this spring.| FedPayments Improvement
Learn about why payouts are the key to growth in the gig economy, future payout trends, and how Thunes is helping businesses adapt to the future of work.| Thunes - Payment infrastructure for a connected world.
Explore cross-border payments compliance, the best practices to navigate this complex challenge and the benefits of using a payment network to ensure compliance| Thunes - Payment infrastructure for a connected world.
A look back at industry events Federal Reserve Financial Services attended in fall 2024, where representatives discussed timely payments topics and trends.| FedPayments Improvement
At the 2024 Chicago Payments Symposium, attendees discussed work to advance the security and resiliency of global payment infrastructures.| FedPayments Improvement