Our latest insights

Project Cross Border offers members of The Payments Association with the passion and enthusiasm to play a significant role in how we support The Payments Association community on a global stage so as to gain new opportunities in new markets and verticals. We have just completed a Virtual Trade Mission within Asia covering Singapore, Hong Kong and Sydney where we worked with business partners, government bodies, trade associations and fintech operators in region to promote and educate the driving change and opportunity in the region through a range of mediums. The project will continue to look at innovation and change on a global stage so that The Payments Association community are provided the best opportunity to stay ahead of the curve.

Kevin McAdam, Project Lead

Project Purpose

The value of cross-border payments globally is estimated to increase from almost $150 trillion in 2017 to over $250 trillion by 2027.

However, in November 2020, the G20 agreed that:  

“The pandemic has reaffirmed the need to enhance global cross-border payment arrangements to facilitate cheaper, faster, more inclusive and more transparent payment transactions, including for remittances”  

Project Cross-Border has the specific purpose to help identify and increase awareness of the technology in the market that is transforming the cross-border payments eco-system for its users and providers, as well as informing the evolving regulatory landscape.

 

Resources

Project Cross Border Team

Leader

Kevin McAdam – VP of Global Banking Services, b-yond

Mentor

Vikesh Patel – Head of Securities Strategy, SWIFT

Deputy Mentor

Kamran Hedjri – Director, PXP Financial

Project Members

David Lambert – CEO, Transact365

Mina Louka – CEO, B2B Payment Solutions

Alex Lambeth – Head of Public Affairs, Crown Agents Bank

Manish Garg – Managing Director – Banksly

Michel Van Simaeys – Sales Solution Consultant – FIS

Pratik Chitre – Head of Business Development, DECTA

Chryssi Chorfara – Founder & CEO StarLix

Errikos Andreakos – CCO, Martrust 

Ruchi Arora – Managing Director, Currencies Direct

Tony Quirke – Founder, The Payments Practice

John Casanova – Partner, Sidley Austin

Elmar Leissle – Head of Market Development and Cross Border Payments, Visa

Marc Escoffier – Business Development Director, Visa

Tugce Duzen – Senior Product Marketing, Arf

Ankur Sharma – Product Manager – Payments, BCB Group

Kaushik Sthankiya – CCO, Sokin

Use case interviews - Using AI Intelligently

Recent Media

Mastering the key drivers and challenges to international growth and expansion

As part of our projects initiative, we have partnered with Project International Trade and Payments Association Benefactor Global Processing Services (GPS) to discuss the challenges, learnings, experiences & opportunities for navigating the landscape of growing your business across multiple regions or territories.

SWIFT gpi: Is it the API that will revolutionise the future of global payments?

Learn more about how Currencycloud harnesses the benefits of SWIFT gpi for its users.

The European payments landscape in perspective

This paper provides an overview of global trends looking at some of the world’s leading payments markets, followed by a focus on key European markets and regions.

Project Futures - Innovation in International Trade

This report explores the disruptive innovations and technologies that are or will be relevant in shaping international trade finance and global commerce, the impact that these innovations will have upon the payments ecosystem, and the social and commercial drivers which will enable these innovations to flourish. It has been produced based on discussions from a workshop that was arranged by the Payments Association.

EY - UK FinTech on the cutting edge, executive summary

An evaluation of the international FinTech sector

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