Fintech News

APRIL 22, 2024

Global payments company Nium has announced a new partnership with Artajasa, a prominent Indonesian payment infrastructure provider. Featured image credit: Edited from Freepik The post Nium Partners with Artajasa to Enhance Cross-Border Payments in Indonesia appeared first on Fintech Singapore.

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Fintech News

DECEMBER 10, 2023

The Reserve Bank of India (RBI) has initiated discussions with the Hong Kong Monetary Authority (HKMA) , the US Federal Reserve, and the international payment platform SWIFT to explore the use of central bank digital currencies (CBDCs) for cross-border payments.

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Fintech News

OCTOBER 29, 2024

Global payments network Thunes has announced a collaboration with Circle , the issuer of regulated stablecoins USDC and EURC. This partnership aims to enhance stablecoin liquidity management in cross-border payments. said Jeremy Allaire, Co-founder and CEO of Circle.

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Fintech News

MAY 7, 2024

FXC Intelligence, a data platform specializing in the cross-border payment and e-commerce sectors, has released its annual selection of the world’s top cross-border payment companies, recognizing the leading publicly traded companies, startups and private companies operating in the space worldwide.

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Fintech Finance

AUGUST 22, 2024

Through a new cross-border payments collaboration between Commonwealth Bank of Australia (CBA) and The Bank of New York Mellon ( BNY ), Australian businesses and individuals who receive international payments from BNY’s customers may now be paid in as little as 60 seconds1 regardless of who they bank with.

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Fintech News

OCTOBER 28, 2024

Thunes, a global payments company, has launched a new Pay-to-Card solution that allows its members to send real-time payments to 15 billion Mastercard, Visa, and UnionPay cards worldwide. said Floris de Kort, CEO of Thunes. said Chloe Mayenobe, President and COO of Thunes.

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Fintech Finance

AUGUST 8, 2024

Thunes , a global money movement innovator, has now enabled hundreds of merchants in Paris to accept cross-border payments from 15 international e-wallets and mobile partners via Alipay+. Thunes offers Pay and Accept cross-border payment capabilities in over 130 countries and more than 80 currencies.

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Fintech News

FEBRUARY 7, 2024

With a highly skilled international workforce, long-established support for innovation and a well-developed reputation as a global finance hub, cross-border payments in Singapore have the makings of a global hub. These figures emphasize the high focus on cross-border payments in the domestic payment market.

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Fintech News

JUNE 4, 2024

The Bank for International Settlements (BIS) has launched Project Rialto to test the potential for improving instant cross-border payments through a combination of a modular foreign exchange (FX) component and wholesale central bank digital currencies (wCBDC).

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The Fintech Times

FEBRUARY 6, 2024

Sam Coyne, CMO Europe at Currenxie, has spent a decade in Asia in B2B technology companies in a variety of sectors, and has held regional and global roles. Here, he provides insights on cost-effective cross-border payment strategies for businesses.

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Fintech News

DECEMBER 13, 2023

Global payments firm Airwallex has partnered with Woo, an open-source ecommerce platform on WordPress, to offer a new payment option for the latter’s merchants. This partnership aims to simplify cross-border commerce for global merchants without the high foreign exchange conversion fees.

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Fintech Finance

NOVEMBER 13, 2024

Authorised Push Payment (APP) fraud continues to be one of the most pressing concerns for financial services, the payment industry, law enforcement and the general public – and new developments in cross-border payments may be making it easier.

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Fintech Finance

SEPTEMBER 9, 2024

Global payment orchestration platform FinMont has announced a new partnership with Danish Payments Service Provider Inpay. Since 2008, Inpay has helped financial institutions, corporates, NGOs and more move money across borders quickly, easily, and securely.

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Fintech Finance

OCTOBER 1, 2024

OwlTing Group (“Company”), a global blockchain fintech company, today announced plans to implement Visa Direct solutions under a global agreement with Visa, a world leader in digital payments to provide real-time cross-border payments for individual and business customers.

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Fintech News

NOVEMBER 20, 2024

Cross-border payment firm XTransfer is leveraging its success in China to fuel an ambitious global expansion plan. A focus on Southeast Asia Founded in 2017 and headquartered in Shanghai, XTransfer is a business-to-business (B2B) cross-border payment specialist.

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Fintech Finance

SEPTEMBER 12, 2024

The partnership is focused on enhancing cross-border payment services for e-commerce merchants in APAC. Unlimit’s global payment portfolio consists of 1,000+ directly integrated payment methods and local acquiring licenses operating across 5 continents. “We

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Fintech Finance

OCTOBER 14, 2024

The collaboration progresses a strategic relationship the two organisations announced in October 2022, and reflects a commitment by Swift, GSS and the GSS Advisory Board, comprising 35 of the world’s leading financial institutions, to reduce inefficiency in the global payments ecosystem.

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Faster Payments Council

DECEMBER 8, 2020

Cross-border payments are vital to the overall global payments infrastructure. But while new initiatives and payments technology innovations have emerged in recent years to move cross-border payments forward, multiple obstacles remain in place and new ones are quickly becoming more apparent.

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The Payments Association

SEPTEMBER 10, 2024

As the cross-border payments industry contends with de-banking and stringent regulations, can emerging technologies and alternative solutions pave the way for a more efficient and accessible global payments landscape? Read more

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The Fintech Times

DECEMBER 20, 2024

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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Fintech News

DECEMBER 17, 2024

Morgan Stanley has partnered with Wise Platform to enhance its cross-border payment capabilities for corporate and institutional clients. Wise Platform, the global payments infrastructure for banks, enables financial institutions to offer international payments using Wises network.

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Fintech Finance

SEPTEMBER 23, 2024

Airwallex , a leading global payments and financial platform for modern businesses, today revealed how its global financial technology has improved McLaren Racing’s financial operations throughout the 2024 Formula 1 season.

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PYMNTS

DECEMBER 1, 2020

The world doesn’t lack for stories about cross-border payments gone wrong. In some examples, by the time the money went through all the byzantine steps that have historically made up the cross-border payments process, only about $4 worth of spendable value actually arrived.

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Fintech Finance

OCTOBER 16, 2024

Swift today announced that it is rolling out new AI-enhanced fraud detection to help the global payments industry step up its defence as bad actors grow increasingly sophisticated. Available from January 2025, the service is the result of extensive collaboration with banks from around the world and a successful pilot earlier this year.

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Fintech Finance

OCTOBER 23, 2024

Emirates NBD is also evaluating an equity investment in Partior, a move that would represent a strategic alignment within the financial ecosystem aimed at redefining the future of global value exchange.

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Payments Source

DECEMBER 2, 2020

After tests with several banks that established Swift's ability to connect its Global Payments Initiative faster payments rail to domestic networks, the financial and messaging standards organization is activating the service in the U.K.

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Finextra

JUNE 25, 2024

Discover how businesses are meeting the challenge of instant payments, the steps being taken to overcome infrastructure and technology investment barriers, and the progress being made in breaking down obstacles in cross-border payments.

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Finextra

JULY 9, 2024

Join FinextraTV as Mick Fennell, Business Line Director, Payments at Temenos, and Jan-Willem van der Schoot, Country Manager, Mastercard Netherlands, delve into the evolving landscape of cross-border payments.

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Fintech Finance

OCTOBER 21, 2024

Over the past year Wise Platform , Wise’s global payments infrastructure for banks, financial institutions and larger enterprises, has further enhanced its product suite for partners and significantly expanded its global regulatory footprint.

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PYMNTS

MARCH 16, 2020

Goldman Sachs’ capabilities for cross-border payments and tech-savvy achievements that simplify payments as reasons why SAP is also getting something out of the deal. Buyers will be able to pay suppliers in their own countries’ currencies with ease, according to the release. The Ariba Network has more than 4.6

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Fintech Finance

NOVEMBER 5, 2024

In a significant move to strengthen its retail cross-border payments offering, leading global bank Standard Chartered and Wise Platform, Wise’s global payments infrastructure for banks, have announced a partnership, to power faster and cheaper international payments for the bank’s cross-border payment service, SC Remit.

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CB Insights

JULY 26, 2021

Visa, a digital payment network, has acquired Currencycloud , a cloud-based solution for cross-border payments. Visa: California-based Visa is a global payments technology firm that enables digital currency transactions across 200 countries for governments, businesses, and banks. Want the full post?

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The Fintech Times

FEBRUARY 19, 2024

When you think about financial technology, it is easy to think about solutions which are making payments faster, easier and more accessible. Having discussed the myths , hype and usage of buy now pay later (BNPL), we now turn our focus to cross-border payments.

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Fintech News

JULY 9, 2024

A new report by global payments firm Airwallex and Skift Research reveals that 66 percent of travel companies worldwide are experiencing reduced profit margins due to outdated payment systems. However, 67 percent of executives find cross-border payments more complicated due to volatile exchange rates.

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Finovate

OCTOBER 21, 2024

Mastercard launched Move Commercial Payments , a real-time cross-border payments solution that operates 24/7. The new commercial payments tool leverages a multi-rail system that includes SWIFT, Visa Direct, and Mastercard’s proprietary networks. with Lloyds Banking Group and UBS.

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Payments Source

FEBRUARY 11, 2021

Pelican, a provider of payments and artificial intelligence technology, is supporting Swift's development of a new service for low-cost cross border payments across its Global Payments Initiative and high-speed rails.

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Fintech News

OCTOBER 21, 2024

Global payments company Thunes has launched a new service that enables banks to send payments directly to mobile wallets worldwide. This eliminates the need for separate technical integration and allows for faster, more transparent cross-border payments.

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