international partners on a proof-of-concept to improve the cost and speed of cross-border payments.... " The

KUALA LUMPUR: Bank Negara and Bank Indonesia( BI) have launched a cross-border QR payment linkage

After a product passes the cohort stage, it enters the second cohort or the test phase.... Only when they produce satisfactory results in mutually agreed test scenarios and expected outcomes set under the regulatory sandbox, the product is allowed to progress to the next phase.... The test phase for them will begin from the third week of September. India is the largest recipient of inbound remittances across the globe accounting for 15 per cent of global share....

GLOBALISATION is knitting separate national economies into a single world economy.In the current pandemic, the heightened use of online platforms has given rise to increased borderless transactions. Malaysian taxation is levied on income earned from Malaysia since Malaysian tax is imposed on a territorial basis. Malaysian tax is not imposed on income earned overseas, except for Malaysian companies in the shipping and air transport, insurance and banking industries in which case Malaysian taxes a

KUALA LUMPUR: Public Bank customers will be able to make instant payments with the DuitNow QR cross

" milestone in the development of infrastructure for cross-border payments", said the Indian central

Ever since the pandemic gripped the world and disrupted everything, Pakistan’s payments industry

The Biden administration is considering making settlement payments to migrants who were separated

grace period of 40 days to switch over to the digital mode of payments effective from Nov 1.An official

The former border boss added that there needs to be a" very clear political will from the French