Fintech News

NOVEMBER 6, 2024

Singapore-headquartered payment institution FOMO Pay has partnered with global financial services provider BNY to enhance USD payment services for corporate clients. The collaboration integrates BNY’s payment infrastructure with FOMO Pay’s offerings.

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Multi-Currency Cross-Border APACS Financial Inclusion 90

Finovate

MARCH 7, 2024

Currencycloud was offered In-Principle Approval to serve as a Major Payment Institution license holder in Singapore. “Having the license would allow us to integrate with the robust financial network in Singapore and collaborate with valuable industry players,” said the company’s Managing Director of APAC Rohit Narang.

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Multi-Currency Cross-Border APACS Cross-Border Payments 97

The Fintech Times

MARCH 6, 2024

Currencycloud, a Visa solution, is granted preliminary approval for a major payment licence from the Monetary Authority of Singapore (MAS). For businesses in Singapore, customers can make conversions and payouts in their respective time zones and local currencies.

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Cross-Border Payments Cross-Border Facilitators Multi-Currency 97

Fintech Finance

MARCH 6, 2024

Currencycloud , a Visa solution and the experts in simplifying business in a multi-currency world, has obtained an In-Principle Approval (IPA) for a Major Payment Institution (MPI) licence holder from the Monetary Authority of Singapore (MAS).

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Authorization Multi-Currency Cross-Border Payments Institute 52

Fintech Finance

JULY 23, 2024

We are thrilled to partner with XTransfer, expand our footprint in the APAC region, and support them in their acceleration in Latin America,” said Wei Duan, VP of APAC at EBANX. Partnering with a leading local payments institution like EBANX allows us to navigate the complexities of the region’s payment landscape with ease.

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B2B Facilitators Cross-Border APACS 104

Fintech News

FEBRUARY 19, 2024

That, then evolved into multi-currency wallets and the ability to hold multiple currencies. In 2021, Visa acquired Currencycloud in a deal valued at US$963 million, with the primary aim of enhancing transparency, flexibility, and control in cross-border payments.

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Cross-Border Cross-Border Payments Multi-Currency Payment APIs and Integration 106

The Fintech Times

JULY 25, 2024

Typical B2B payments can still take up to 14 days to be confirmed and involve up to six intermediaries, often with low visibility and high fees, according to EBANX’s annual study, Beyond Borders 2024.

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Payment Solutions Cross-Border Alternative Payment Methods Multi-Currency 63