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. For payout transactions, 90% arrive within hours, and 65% arrive instantly. “At

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Fintech Finance

JUNE 3, 2024

Nium , the global leader in real-time cross-border payments, today announced the expansion of its platform to serve the multi-trillion-dollar global marketplace opportunity. The post Nium Expands Cross-Border Payments Platform to Serve Global Marketplaces appeared first on Fintech Finance.

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Fintech Finance

MAY 1, 2024

Today, Borderless AI , a leading Employer of Record (EOR) services provider, announced its strategic partnership with Nium , the global leader in real-time, cross-border payments, aiming to revolutionize cross-border payments in the EOR industry. For more information, visit us here.

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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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Clearly Payments

NOVEMBER 19, 2023

One pivotal tool that facilitates this global reach is the international merchant account. These accounts, tailored for cross-border transactions , enable businesses to accept payments in various currencies and broaden their customer base globally.

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Fintech Finance

AUGUST 9, 2024

MultiPass , a global payment solution that provides modern financial products for businesses trading globally, has obtained a financial services licence in the UAE, regulated by the Dubai Financial Services Authority (DFSA). We look forward to contributing to the dynamic economic landscape of the UAE and the Middle East.”

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Finovate

NOVEMBER 7, 2024

Through the partnership, banks can use Partior’s network to access Nium’s global payments infrastructure without needing additional API integration, offering seamless real-time transactions. Global payments platform Nium announced today that it has partnered with blockchain-based fintech for clearing and settlement Partior.

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PYMNTS

DECEMBER 4, 2018

Lithuania payments company SatchelPay is adding multi-currency cross-border payments functionality through a new partnership with multi-currency IBAN account provider ONPEX (the Online Payment Exchange).

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Fintech Finance

SEPTEMBER 10, 2024

AbbeyCros s, the platform focused on improving connectivity and access in global FX payments announced today that Wise Platform , Wise’s global payments infrastructure for banks and global enterprises, has joined the ABX Platform as its newest payment partner.

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PYMNTS

MARCH 18, 2020

Cloud-based company Gravity Software has launched a new program to ensure businesses have the right tools to deal with multi-currency needs, according to a press release. of the Gravity application has added multi-currency management, enhanced multi-entity reporting and other features. The release of Version 5.1

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PYMNTS

JULY 15, 2020

In a conversation with PYMNTS, Nader discussed the role payments plays in helping (or hampering) a company’s global growth ambitions, and the value of an efficient global payments strategy on giving smaller companies a competitive edge that had once been out of reach. Although the globalization of U.S.

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PYMNTS

MARCH 29, 2019

Russia-based electronic payments company Yandex.Money is rolling out new multi-currency services with an eye on freelancers. In a press release issued Thursday (March 28), the company announced the launch of accounts and cards that support payments and transactions in multiple currencies, including U.S.

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Fintech Finance

JULY 9, 2024

New research has revealed 66 percent of travel companies are seeing their profit margins impacted by outdated or complicated payment systems, with nine in 10 expected to prioritise modernising their financial operations this year.

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PYMNTS

MARCH 14, 2019

” Cross-Border Payments in the Crosshairs. One of the areas of corporate finance experiencing the biggest exposure to these disruptors is global payments. “If you look at cross-border payments, at the highest level they are the settlement engine for a rapidly globalizing economy,” said Kohli.

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PYMNTS

SEPTEMBER 24, 2018

based Volopa has unveiled contactless multi-currency prepaid cards and India- based Obopay purchased mobile app company Mubble. Western Union Business Solutions and Mexico’s Banco Monex are teaming up to expand their alliance globally, the companies said in an announcement. In addition, U.K. In the U.K.

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The Fintech Times

DECEMBER 31, 2023

.” Keeping it simple Alex Berrai, deputy CEO, emerchantpay The main payment trends in 2024 will evolve around simplification, according to Alex Berrai, deputy CEO at global payment service provider emerchantpay. Simplifying the payment process to make it more mobile-friendly is an ongoing trend that will carry into 2025.

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Finovate

AUGUST 12, 2024

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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Clearly Payments

OCTOBER 30, 2024

As Canadian businesses look to expand internationally, one crucial component of successful growth is handling cross-border payments smoothly and efficiently. Many payment processors offer international capabilities, but it’s important to select one that aligns with your target markets.

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The Fintech Times

JUNE 6, 2024

This project aims to create a multi-central bank digital currency (CBDC) platform for instant cross-border payments and settlements, leveraging distributed ledger technology (DLT). The platform now invites further international participation and private sector proposals for value-added solutions.

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Clearly Payments

OCTOBER 7, 2024

As the subscription model becomes increasingly prevalent across industries, payment processors are focused on enhancing the flexibility and reliability of their recurring payment solutions, ensuring they can meet the evolving needs of businesses and consumers alike.

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PYMNTS

NOVEMBER 9, 2016

“We want to come up with an expression of value exchange between consumers that is a delightful experience, that works anywhere in the world, that works across currencies, is instant and, for the consumer, free.”. This can be across the table in their own currency or through the blockchain to send value globally, Allaire added.

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PYMNTS

SEPTEMBER 20, 2020

The business division of Western Union will work with Isabel Group , a Belgian company providing multi-bank services through its B2B network Isabel 6, to grow connectivity in Belgium, according to a press release. Currently, the Isabel 6 platform serves 70,000 professional clients.

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PYMNTS

AUGUST 21, 2020

There are signs that the wheels are beginning to churn once again, however, and though not every industry will recover at the same pace, there is evidence that global trade is once again on the rise. Yet as cross border trade picks back up, the foreign exchange and global payments needs of businesses will intensify.

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The Fintech Times

DECEMBER 21, 2023

The payments industry is undergoing a profound transformation, driven by technological advancements and shifting market dynamics. With real-time global payment networks spanning hundreds of currencies and numerous countries, the sector is poised for significant changes. Forrester’s Jacob Morgan and I agree on this one.

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Clearly Payments

SEPTEMBER 13, 2024

Payment orchestrators streamline the process of routing transactions to the most appropriate payment providers based on various factors such as cost, success rates, currency, and geographical location. This integration helps businesses expand globally by supporting local payment methods. during the forecast period.

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PYMNTS

FEBRUARY 19, 2019

We believe that, five years down the road, this is what is going to happen in FinTech,” through a flexible and multi-faceted platform geared toward helping companies — small and large — offer services across geographies. Rapyd said the newly acquired funding will also be used to expand its offerings for local and cross-border payments.

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PYMNTS

JANUARY 28, 2021

Resolved: The highest priorities for banks and credit card companies in today’s payments landscape are cross-border payments, relationships with FinTechs and cloud-based technology. That can help gig economy workers and freelancers get paid more quickly, in their currencies of choice. Here’s a topic for debate.

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PYMNTS

JUNE 13, 2019

In an interview with PYMNTS, Kevin Phalen, head of Global Business Solutions at Visa, told Karen Webster that Visa B2B Connect acts as a brand new, end-to-end global payments network, built on using elements of distributed ledger technology (DLT) and the open source Hyperledger Fabric framework hosted by The Linux Foundation.

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PYMNTS

APRIL 19, 2018

Multi-currency account provider Centtrip is introducing a way for corporates to make and receive faster cross-border payments. based company, which provides global payments, foreign exchange (FX) and banking services, announced its real-time payments solution on Wednesday (April 18).

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PYMNTS

MARCH 26, 2019

For many firms, these trends are forcing the introduction of an FX strategy on a company for the very first time, and when corporate treasurers aren’t prepared, they can run into complications beyond the cost of currency exchange. billion paid to finserv providers in hidden cross-border payment fees in Europe.

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PYMNTS

JUNE 4, 2019

Under the agreement, Visa’s customers and banking and FinTech partners will have the option to use Currencycloud’s cloud-based payments platform to provide in-demand services, including multi-currency wallets and real-time notifications on foreign exchange transactions.

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PYMNTS

JANUARY 21, 2020

Amazon and dLocal, a company that specializes in cross-border payments for up-and-coming countries, have teamed up on payment services in Chile, according to a release. Figuring out payment infrastructure in countries like Chile or in LATAM , MENA or APAC is complicated and multi-faceted.

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Stax

NOVEMBER 14, 2024

Considerations for Companies Running Global Payment Processing For businesses with international customers, cross-border payment processing introduces unique challenges and opportunities. Here’s what to consider when handling global transactions. This delay can impact cash flow for businesses.

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PYMNTS

FEBRUARY 15, 2018

A culinary luxury is facing increased demand in new, farther-flung markets, creating the need for efficiency and flexibility in cross-border receivables infrastructure. Dutch bank ABM AMRO recently launched Franx, a new cross-border payments platform.

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PYMNTS

NOVEMBER 20, 2020

Whether that means establishing subsidiaries abroad, acquiring customers in new geographic markets, or stepping into a new space via mergers and acquisitions (M&A), even small companies are often global ones. This is the trend that has changed, where small companies from day one are global. It can be nightmarish.".

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PYMNTS

MARCH 11, 2020

While QuickBooks is piloting card payments on invoices powered by PayPal , Airwallex is readying the launch of its own corporate card — both physical and virtual — designed to enable cross-border payments. and Hong Kong at a later date, the company said. VCs Back V-Card Tool For Expense Management.

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PYMNTS

MARCH 10, 2020

Australian cross-border FinTech unicorn Airwallex is integrating with New Zealand’s cloud-based accounting platform Xero , Airwallex announced Tuesday (March 10). The collaboration is aimed at assisting Airwallex’s small- to medium-sized business (SMB) customers to easily handle local and global payments.

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