In today's interconnected global economy, boundaries are fading, and the flow of international trade has never been stronger. As businesses expand their reach globally, efficient and seamless cross-border payments become crucial. Yet, despite their growing importance, international transactions remain complex, costly, and often frustrating. Let’s unpack what

In today’s hyper-connected marketplace, businesses need efficient, secure, and scalable ways to handle payments. Yet, managing multiple payment options, compliance requirements, and integrations can quickly become overwhelming. Enter Payment Service Providers (PSPs) a one-stop solution that streamlines your financial transactions while ensuring you meet industry standards. Why it matters?

What is SWIFT? SWIFT, short for the Society for Worldwide Interbank Financial Telecommunication, is the backbone of international financial messaging. Founded in Brussels, Belgium in 1973, SWIFT was established to bring consistency and security to the way financial institutions communicate across borders. Think of it as the global "language&

Introduction With rising cyber threats, ensuring payment security is crucial. PCI-DSS (Payment Card Industry Data Security Standard) sets global security benchmarks for handling cardholder data. It covers a wide range of payment types, including credit and debit card transactions, mobile wallet payments, e-commerce transactions, and in-person payments. This comprehensive framework

What is Interoperability? Facilitating seamless transactions across different payment systems and financial institutions requires managing certain complexities within international payments. Staying compliant while offering seamless transactions is one of them. Interoperability refers to the seamless exchange of data and transactions across different financial systems, platforms, and institutions. This enables a

In an increasingly interconnected world, cross-border payments drive global commerce, making payment compliance essential for trust and security. Beyond regulatory obligations, payment compliance safeguards against financial crimes like money laundering and terrorist financing while protecting businesses from hefty fines and reputational damage. As businesses navigate these complexities, understanding the foundational

In the last decade, GIFT City (Gujarat International Finance Tech-City) has quickly risen to prominence in the global financial landscape. Positioned strategically between Ahmedabad and Gandhinagar, this ambitious project stands as a testament to India’s aspirations of becoming a global financial powerhouse, rivalling established centers like Singapore, Hong Kong,

In the ever-evolving landscape of cross-border payments, compliance with Anti-Money Laundering (AML) and Counter Financing of Terrorism (CFT) regulations is crucial. These regulatory frameworks are designed to prevent financial crimes, ensure transparency, and uphold the integrity of the global financial system. For Payment Service Providers (PSPs) like Glomo, understanding and