Correspondent Bank Cross-Border Payments Institute 
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.
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.
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.
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.
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%.
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.
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