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XTransfer, OCBC Team Up to Provide Enhanced Financial Services for SMEs

Fintech News

Cross-border payment firm XTransfer and OCBC Bank have announced a partnership to provide small and medium-sized enterprises (SMEs) with enhanced financial services for international trade. The collaboration focuses on payment processing, foreign exchange, risk management, and wealth management solutions tailored to SMEs.

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Morgan Stanley Partners with Wise to Enhance Cross-Border Payment Capabilities

The Fintech Times

Morgan Stanley is teaming up with Wise to bring faster and smoother cross-border payments to its corporate clients, making it the first investment bank to integrate Wises global payments platform.

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Ant International Deepens Payment and Digitalisation Ecosystem with AI-Driven Embedded Finance Solutions in Year of Transformation

Fintech Finance

Among the global merchants accepting QR code payments via Alipay+, over 90% are SMEs, reflecting Ant Internationals focus on inclusive digital transformation. Alipay+ builds a broader digital payment and digitalisation ecosystem for other pillar businesses of Ant International.

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Morgan Stanley Selects Wise Platform to Enhance Payments Capabilities for Corporate Clients

Fintech Finance

Wise, the global technology company building the best way to move and manage the worlds money, today announced that it has been selected by Morgan Stanley , a leading global financial services firm, to facilitate Morgan Stanleys foreign exchange international settlement capabilities for its corporate customers.

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LianLian Selects Thredd to Bring its Card Program to APAC

Finovate

Digital payment solutions company Thredd announced a partnership with global payments company LianLian Global to help the Singapore-based company launch its virtual card program in the APAC market. Luxembourg, Thailand, and Indonesia.

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Ripple Completes $50M MoneyGram Investment, Gets ~10 Pct. Stake

PYMNTS

“Last month, we announced that MoneyGram began using On-Demand Liquidity for payments to the Philippines, and we’re excited to support MoneyGram’s further expansion into Europe and Australia,” said Brad Garlinghouse, Ripple’s CEO. Ripple provides enterprise blockchain solutions for global payments.

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PingPong: Why Doing Payments Globally Is All About Thinking Locally

PYMNTS

The wall that many new cross-border eCommerce entrants are running into at top speed is the failure to realize upfront what a massive undertaking it is to build global scale for seamless, secure, cross-border settlement.