Pakistan and Afghanistan engage in cross-border gunfire amid rising tensions
Escalation of Hostilities Between Afghanistan and Pakistan Afghanistan and Pakistan saw increased tensions along their border on Thursday, marked by significant gunfire, as reported by various sources. These confrontations ignited after the Taliban announced they were retaliating against Pakistani military positions. In response, Pakistan claimed it was reacting to unprovoked shelling from the Afghan side. […]
When previous cross-border deals turn into “accumulated risk” for Thailand’s banking system
Pattaya, Thailand – The Victor Thai Law Office has been advising foreign clients on the importance of adhering strictly to Thai laws when doing business. A case from a few years ago illustrates this. A client received a bank transfer from a neighboring country—a personal transaction that appeared completely legitimate. However, when the client later […]
Cross-border banking agreements in the EU reach highest level since the 2008 crisis
EU Bank Mergers Hit Record Highs Cross-border mergers among banks in the EU have surged to their highest level since the 2008 financial crisis. This uptick comes as bank profits and share prices increase, marking an end to a prolonged period of stagnation in trading activity. In fact, multi-billion euro mergers pushed cross-border banking transactions […]
South African bank is the first on the continent to connect with China’s cross-border payment system.
Standard Bank Approved for CIPS Services at Lujiazui Forum Standard Bank has received the green light to offer CIPS services, a move announced during the Lujiazui Forum in Shanghai, scheduled for June 2025. The official launch of this merger took place at a gathering organized by the South African Reserve Bank, which saw participation from […]
Treasury Secretary Scott Bessent takes steps to eliminate tax benefits and cross-border money transfers for illegal migrants
Treasury Secretary Scott Bessent announced on Friday that the Trump administration plans to prevent illegal immigrants from receiving federal tax benefits and using money transfer services. “At the direction of President Trump, we are working to exclude illegal aliens from federal benefits while ensuring they remain available for U.S. citizens,” Bessent shared. As part of […]
Ripple and XRP Adoption Essential for Achieving G20 Cross-Border Payment Objectives: Report
The G20 and Ripple’s Role in Cross-Border Payments The report indicates that adopting XRP and innovations from Ripple’s blockchain could be key to fulfilling the G20’s goals for cross-border transactions. Ripple’s presence in the international payments arena is actually expanding. Its blockchain solutions offer low-cost transactions with quick processing times, which are considered essential for […]
Another Cross-Border Smuggling Tunnel Found near Texas
Mexican officials worked with the US border patrol to find another smuggling tunnel across the border. Authorities report the tunnel discovery on Tuesday near El Paso's Stanton Lardo Entry Port. “Mexican Department of Defense (Cedena), Mexican National Guard (GN), Mexican Law Office (FGR), Chihuahua Public Safety Agency (SSPE), Juarez Police Station (SSPM), Chihuahua Law Office […]
Visa’s Flexible Credential Goes Live in US With Affirm and Cross-Border With UAE’s Liv – PYMNTS.com
6 months after release, visa flexible credential (VFC) Olive and Japan, visa We're bringing all-in-one payment credentials to two new use cases, both announced on Tuesday (November 12). According to the payment network, VFC is being rolled out in the United States; affirm card (already on the market), is a buy now, pay later (BNPL) […]
Toxic gas linked to cross-border sewage sparks public health scare in San Diego — but county rejects researchers’ findings
Researchers from San Diego State University and the University of California, San Diego recently claimed to have detected dangerously high levels of toxic gases in the Tijuana River Valley. Researchers said they found high levels of hydrogen cyanide and hydrogen sulfide while conducting air quality tests in the area, leading them to halt operations and […]
Ukraine launches cross-border incursion into Russia
Fox News’ Stephanie Bennett reports on Ukraine’s incursion into Russia on ‘Fox News Live.’ #foxnews #fox Subscribe to Fox … source