Fintech Finance

NOVEMBER 4, 2024

Wise has spent the last 14 years building an alternative to traditional correspondent banking. With over 65 licenses globally and now six direct connections to domestic payment systems, this infrastructure enables over 63% of all Wise transactions to be completed instantly (under 20 seconds), with an average fee of 0.62%.

Instant Payments 98

Instant Payments Settlement Accounts Cross-Border Payments 98

Fintech Finance

AUGUST 12, 2024

Nium , the global leader in real-time cross-border payments, is strengthening its presence in Latin America by applying for essential licenses, joining key fintech associations, expanding its employee presence, and signing new customers. Nium has been present in the region dating back to 2017.

Real Time Payments 98

Real Time Payments Cross-Border Payments Cross-Border Central Bank 98

Fintech News

AUGUST 12, 2024

Global payments company Nium is enhancing its presence in Latin America, with a focus on expanding its operations in Brazil. The company has recently applied for a Payment Institution License in Brazil, which will allow it to offer payment services, including managing funds in BRL and facilitating real-time payments through the Pix system.

Cross-Border 107

Cross-Border Cross-Border Payments Correspondent Bank Real Time Payments 107

The Fintech Times

AUGUST 13, 2024

Nium , the global real-time cross-border payments provider, is looking to strengthen its presence in Latin America by applying for new payment licenses, joining fintech associations, growing its team, and signing new customers.

Cross-Border Payments 69

Cross-Border Payments Cross-Border Real Time Payments Correspondent Bank 69

The Fintech Times

NOVEMBER 5, 2024

Wise , the fintech focused on money transfer, has been granted direct access to the Philippines’ real-time payment system, InstaPay, enabling it to enhance the cross-border payment experience for around 13 million of its customers.

Real Time Payments 59

Real Time Payments Cross-Border Payments Cross-Border Correspondent Bank 59

PYMNTS

AUGUST 2, 2019

In B2B, cross border payments are about much more than dollars and cents. Beyond the liquidity issues that come from this inefficient batch approach, Oduwole said there is another issue that causes friction in international supply chains, tied to the correspondent banking relationship. We mean that literally.

B2B 41

B2B Cross-Border Online and Mobile Banking Central Bank 41

Fintech News

FEBRUARY 17, 2025

trillion in cross-border payments, the APAC region is poised to benefit significantly from the surge in cross-border money movement. Challenges payment providers face today Historically, the absence of a global banking system has meant payments have been made across a network of correspondent banks.

Cross-Border 112

Cross-Border APACS Cross-Border Payments Real Time Payments 112