Remove Correspondent Bank Remove Cross-Border Payments Remove Multi-Currency
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Ripple Partners With Clear Junction to Enhance UK and EU Cross-Border Payments

Fintech Finance

Today, Ripple , the leader in enterprise blockchain and crypto solutions, announced a new partnership with Clear Junction , the global leader in cross-border payments solutions for regulated institutions. A host of new currencies are scheduled to be switched on for Ripple customers later this year.

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Temasek-backed Partior Ledger Expands Following US$60M+ Series B Investment

Fintech News

Companies such as Siemens and iFAST Financial have benefited from the platform through Standard Chartered, gaining better access and control of their working capital, constant availability, and faster, more seamless payment flows.

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ClearBank Introduces Multi-Currency Bank Accounts

PYMNTS

Cloud-based clearing bank ClearBank has begun offering multi-currency bank accounts using an API, according to a press release. Beginning in the fourth quarter this year, the bank will allow users to access over 30 multi-currency accounts. ClearBank will remain in charge of the clients' funds.

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SMBs Seek New Avenues To Cross-Border Payments

PYMNTS

.” That means being able to send and receive payment regardless of location, yet traditional offerings often fall short, he said. An alternative to this payment strategy is to open up a bank account in each market in which a business operates. .

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Why Payments Are Only A Piece Of SMBs’ Global Finance Puzzle

PYMNTS

“As the year has progressed, we are starting to see the shoots of recovery, and growing interest in forward-currency contracts acts as a leading indicator of the level of international trade on the horizon,” he recently told PYMNTS. Beyond Payments Initiation. Open banking and PSD2 initiatives in the U.K.

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 Visa B2B Connect Goes Global

PYMNTS

As reported earlier in the week, Visa launched B2B Connect , a network focused on enabling financial institutions (FIs) to help their clients make B2B payments across borders. The platform can be leveraged to provide services across multi-currency wallets, and real-time notifications on FX transactions. Mastercard, Too.

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Will Ripple’s Cross-Border Ambitions Sink Or Swim?

PYMNTS

The 200+ tally gives rise to the round-number reflection mentioned above: What might lie ahead for cross-border payments — and does speed trump trust? In the latest announcement, JNFX, SendFriend and other are using the digital asset known as XRP to “source liquidity on demand” when sending payments on behalf of customers.