Remove APACS Remove Cross-Border Remove Financial Inclusion
article thumbnail

Key Trends Shaping Cross-Border Payments in APAC

Fintech News

A new report by Deloitte delves into the latest developments in the cross-border payment sector in Asia-Pacific (APAC), identifying four major trends reshaping the landscape and offering significant opportunities for merchants. trillion in consumer spending across channels in 2023.

article thumbnail

dLocal and iTransfer Team Up to Advance Cross-Border Money Transfers in Key Emerging Markets

Fintech Finance

dLocal , the leading cross-border payment platform specializing in high-growth markets, today announced its strategic partnership with iTransfer , a prominent cross-border payments company with a significant presence in EMEA, Latin America, and APAC.

article thumbnail

Is Project Nexus a Model for Global Instant Cross-Border Payments?

Fintech News

The ambitious initiative is targeting to transform cross-border payments in Southeast Asia (ASEAN) initially, before the broader Asia Pacific (APAC) region and, eventually, the world. Nexus is designed to standardise the way domestic payment systems connect with each other across borders. How Does Project Nexus Work?

article thumbnail

XSGD, Singapore’s First Dollar-Backed Stablecoin, Launches on Bitstamp to Power Global Cross-Border Payments

Fintech Review

Unlocking Global Cross-Border Payment Flows Stablecoins like XSGD are rapidly emerging as the preferred solution for on-chain cross-border payments, providing a secure and efficient alternative to traditional financial systems. XSGD will be available via Bitstamp globally, except in US and EU countries.

article thumbnail

Nium and Kapronasia Partner to Shed Light on Cross-Border B2B Payments Challenges in Asia

Fintech Finance

In global commerce, cross-border B2B payments are crucial, yet hindered by complexity, high costs, and slow processing times. In global commerce, cross-border B2B payments are crucial, yet hindered by complexity, high costs, and slow processing times. Download the paper to see the data and learn more.

article thumbnail

FOMO Pay and BNY to Streamline USD Payment Services for Corporate Clients

Fintech News

The agreement allows FOMO Pay to streamline USD payments by leveraging BNY’s direct clearing capabilities, global reach, and expertise to improve the speed and efficiency of cross-border transactions. The collaboration integrates BNY’s payment infrastructure with FOMO Pay’s offerings.

article thumbnail

StraitsX’s XSGD Expands Reach with Bitstamp Listing

Fintech News

By improving liquidity and accessibility, we are enabling faster, more transparent, efficient, and cost-effective on-chain cross-border payment flows. The post StraitsX’s XSGD Expands Reach with Bitstamp Listing appeared first on Fintech Singapore.