Remove Correspondent Bank Remove Payments Institute Remove Real Time Payments
article thumbnail

Nium Expands Operations in Latin America, Accelerating Global Real-Time Payments in the Region

Fintech Finance

This continued expansion is a step towards Nium’s commitment to revolutionizing the global payments landscape in this strategic region. BS2 leverages Nium’s Global FX product to reduce FX costs and enable real-time payouts between Brazil and key trading corridors like China and the UAE.

article thumbnail

Wise Granted Direct Access to Philippines’ Instant Payments Infrastructure, Gets Settlement Account With BSP

Fintech Finance

Wise, the global technology company building the best way to move and manage the world’s money has been granted direct access to InstaPay, the Philippines’ real-time payment system, and can also directly settle with the Bangko Sentral ng Pilipinas’ (BSP) real-time gross payment system, PhilPaSS Plus.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Wise Granted Access to Philippines’ Real-Time Payment System

The Fintech Times

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.

article thumbnail

Nium Sets Sights on Latin America Expansion with Focus on Brazil

Fintech News

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.

article thumbnail

Nium Targets Growth and Expansion in Latin America, Anticipating Significant Regional Growth

The Fintech Times

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.

article thumbnail

Real-Time Payments Surge in APAC as Modernisation Hurdles Persist

Fintech News

APAC has solidified its position as the leader in global real-time payments, processing nearly 70% of the worlds 266 billion transactions in 2023. What makes APAC unique is its blend of diverse regulatory frameworks and a multitude of exotic currencies, creating a dynamic payments environment.

article thumbnail

APAC Remitters, Be Ready for a New Era in Cross-Border Money Movement

Fintech News

Real-time payments have allowed consumers and businesses to experience how beneficial, fast, and easy payments can be, changing their expectations of cross border money movement. Managing relationships between these entities can be complex and time consuming too. By providing a secure, single point of access to 11.5