PYMNTS

SEPTEMBER 8, 2020

Thunes , the FinTech startup which operates a global cross-border payments network for emerging economies, announced Tuesday (Sept. The cash will be used to hire more staff and expand its product offering, including business payments and collections from emerging markets.

Cross-Border Payments 64

Cross-Border Payments Cross-Border Payment Networks B2B 64

PYMNTS

JULY 1, 2019

The rise of the global economy and the demand for swift and secure cross-border payments is driving the development of more efficient infrastructures, and spurring financial institutions (FIs) to experiment with emerging tech. Canadian payments network Interac has experimented with blockchain for consumer payments.

Cross-Border Payments 84

Cross-Border Payments Cross-Border Blockchain SWIFT 84

PYMNTS

AUGUST 16, 2019

Cross-border payments are expected to surge over the next few years as the economy becomes increasingly global and interconnected. The latest Smarter Payments Tracker looks at the infrastructure developments that are making cross-border payment systems faster, more seamless and interoperable.

Cross-Border Payments 81

Cross-Border Payments Cross-Border ISO 20022 ISOs 81

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.

Cross-Border Payments 79

Cross-Border Payments Cross-Border Payment APIs and Integration APACS 79

PYMNTS

JULY 31, 2019

According to the latest Smarter Payments Tracker , global payment usage is at an all-time high. So, why do cross-border payments present so many challenges? Mastercard has instead purchased cross-border transaction providers to expand its payments networks and offer similar solutions.

Cross-Border Payments 72

Cross-Border Payments Cross-Border Distributed Ledger Technology (DLT) Payments 72

PYMNTS

OCTOBER 11, 2018

Earthport , a global payments company, announced Thursday it has been named by BNP Paribas to provide Automated Clearing House (ACH) cross-border payment services. With the partnership, BNP Paribas will gain access to Earthport’s payments network, offering lower costs and transparent international payments. “

Cross-Border Payments 75

Cross-Border Payments Cross-Border ACH Payment Networks 75

PYMNTS

SEPTEMBER 19, 2018

PNC Treasury Management joined the Ripple cross-border payments network that uses blockchain to facilitate global transactions. Payments sent from across borders can be received in real time via RippleNet , the firms noted, providing a boost to corporate payees’ cash flows.

Cross-Border Payments 77

Cross-Border Payments Cross-Border Treasury Treasury Management 77

PYMNTS

SEPTEMBER 11, 2019

According to the new Simplifying Cross-Border Payments Playbook , there are five key criteria that an ideal cross-border payment solution should meet: speed, security, compliance, transparency and ubiquity. How Cross-Border Payments Are Made. So, what’s the problem? What’s Changing?

Cross-Border Payments 76

Cross-Border Payments Cross-Border ISO 20022 Real Time Payments 76

PYMNTS

MARCH 17, 2020

In this week’s look at payment rails innovation, PYMNTS finds a slew of new markets around the world adopting entirely new payment networks that can support their demand for real-time transactions. UAE Taps Ripple For Global Payments. Qatar Embraces SWIFT gpi.

Instant Payments 98

Instant Payments Payment Networks Cross-Border Payments Cross-Border 98

PYMNTS

SEPTEMBER 8, 2020

In today’s top news, B2B cross-border payments network Thunes raised $60 million, and Klarna debuted a redesigned app for its U.K. B2B Cross-Border Payments Network Thunes Raises $60M. Plus, Epic Games has again asked a California judge to reinstate Fortnite to Apple’s devices.

Cross-Border Payments 56

Cross-Border Payments Cross-Border Payment Networks Payments 56

PYMNTS

NOVEMBER 27, 2019

The global payments ecosystem’s path to faster and real-time payments ubiquity is an evolution, not a revolution. Among corporates, there is an increasing demand that their global payment activity is able to keep up with the pace of doing business. Progress in Tackling Cross-Border Payments Friction.

ISO 20022 117

ISO 20022 Cross-Border Payments ISOs Cross-Border 117

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?

Cross-Border Payments 68

Cross-Border Payments Cross-Border Acquirers FinTech 68

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.

Cross-Border 88

Cross-Border Global Payments Cross-Border Payments Multi-Currency 88

Fintech Finance

MAY 28, 2024

This new alliance aims to revolutionise payment solutions for small and medium-sized enterprises (SMEs) engaged in international trade, providing them with secure, compliant, fast, and cost-effective cross-border payments and fund collection solutions.

Cross-Border Payments 52

Cross-Border Payments Cross-Border Payment Solutions Global Payments 52

PYMNTS

DECEMBER 28, 2020

Digital currencies could render the SWIFT global payments network unnecessary, RT.com reported, citing the Central Bank of Russia (CBR). SWIFT currently expedites cross-border payments for 11,000 banks across more than 200 countries.

Central Bank 142

Central Bank SWIFT Digital Currency CBDC 142

Fintech Finance

JUNE 10, 2024

Together, the two companies aim to empower customers with a wider range of fast, secure and cost-effective cross-border payment solutions. This partnership reflects our shared vision of empowering businesses and consumers worldwide with innovative payment solutions.”

Cross-Border Payments 52

Cross-Border Payments Cross-Border Payment Solutions Payments 52

Fintech News

DECEMBER 22, 2024

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.

Cross-Border Settlement 105

Cross-Border Settlement Cross-Border Multi-Currency Cross-Border Payments 105

PYMNTS

SEPTEMBER 20, 2020

The expansion and teaming with Western Union Business Solutions will help it reach Western Union's global payments network, which spans 200 countries and territories in over 130 currencies worldwide, the release stated. Currently, the Isabel 6 platform serves 70,000 professional clients.

Cross-Border Payments 120

Cross-Border Payments Cross-Border Multi-Currency Payments 120

Fintech Finance

FEBRUARY 22, 2024

Ebury , one of the world’s largest fintech companies specializing in transactions for SMEs, today announced its partnership expansion with Nium , the leader in real-time global payments, to deliver a groundbreaking global remittance service in Brazil.

Cross-Border Payments 52

Cross-Border Payments Cross-Border Payments APACS 52

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.

Cross-Border Payments 52

Cross-Border Payments Cross-Border AI Payroll 52

Fintech Finance

JULY 10, 2024

Thunes , a global money movement innovator, today welcomes LianLian Global , a leading Chinese e-commerce cross-border payment service provider, to the Thunes Global Network. ” The post Thunes Powers LianLian Global’s New Payment Service appeared first on Fintech Finance.

Cross-Border Payments 75

Cross-Border Payments Cross-Border Payments Service Provider 75

PYMNTS

APRIL 30, 2020

This week’s examination of the latest in payments rails innovation finds financial service providers innovating on top of existing rails to address the friction of ACH, checks and other bank transfer infrastructure. One FinTech, meanwhile, throws blockchain into the mix of legacy rails. Western Union Expands Real-Time Capabilities.

Innovation 73

Innovation Global Payments Cross-Border ACH 73

Fintech Finance

NOVEMBER 21, 2024

The programmability of value-added financial services will enable new business models and enhance the efficiency and transparency of cross-border payments. Digital currency systems could prove to be key in improving financial inclusion and opening up new opportunities to large underbanked communities in many African countries.

Payment Networks 87

Payment Networks Digital Payments Digital Currency Stablecoins 87

Fintech Finance

NOVEMBER 12, 2024

CLOWD9 , a leading cloud-native, B-Corp certified issuer processor, is excited to announce its strategic agreement and certification with Discover® Global Network, a prominent global payments network.

Cross-Border 82

Cross-Border Agreements Cross-Border Payments Issuers 82

PYMNTS

JUNE 15, 2017

In an effort to help SMEs looking to reinvent themselves as players in the cross-border space, a stalwart money transfer services company is undergoing a reinvention of its own. The Western Union API sits on top of a global network of bank accounts, which are monitored by a compliance engine.

Cross-Border 70

Cross-Border Cross-Border Payments API Payments 70

PYMNTS

JUNE 14, 2017

Cross-border payment solutions company Flywire and payment platform Cashnet are offering a new service aimed at making it easier for international students studying abroad in the U.S. to exchange money between borders.

Cross-Border 108

Cross-Border API Cross-Border Payments B2B 108

PYMNTS

MARCH 10, 2017

It’s through these smart devices that cross-border payments are more easily enabled and available for consumers’ convenience. Here’s an excerpt from our conversation: PYMNTS: How does blockchain technology impact and safeguard the instant cross-border payments space?

Cross-Border Payments 43

Cross-Border Payments Cross-Border Blockchain Payments 43

Clearly Payments

NOVEMBER 19, 2023

Multi-Currency Transactions: One of the defining features of international merchant accounts is their ability to process payments in multiple currencies. Global Payment Processing: International merchant accounts leverage a network of processors to handle transactions globally.

Cross-Border 52

Cross-Border Cross-Border Payments Accounts Multi-Currency 52

PYMNTS

OCTOBER 11, 2018

Earthport, a global payments company, announced Thursday it has been named by BNP Paribas to provide Automated Clearing House (ACH) cross-border payment services. With the partnership, BNP Paribas will gain access to Earthport’s payments network, offering lower costs and transparent international payments. “

Cross-Border Payments 43

Cross-Border Payments Cross-Border ACH International Payments 43

PYMNTS

OCTOBER 6, 2016

When it comes to creating a seamless experience for cross-border transactions, especially for Global Citizens who are sending large amounts of money infrequently to institutions all over the world, it can be hard to know where to start. All of that leads to faster, less expensive payments.”. No One-Size-Fits-All.

Global Payments 73

Global Payments Payment APIs and Integration Cross-Border Payments 73

Fintech Finance

JUNE 18, 2024

Instant cross-border payments processed by STET , one of the leading European clearing and settlement systems, (CSM) and ACI Worldwide (NASDAQ: ACIW), a global leader in mission-critical, real-time payments software, have reached a new record high.

Cross-Border 83

Cross-Border Cross-Border Payments Transactions Instant Payments 83

Fintech News

OCTOBER 28, 2024

Global payments infrastructure provider Nium has launched Nium Verify, a real-time bank account verification service available in 50 markets. This helps to reduce payment failures, operational inefficiencies, and compliance risks in cross-border payments.

Cross-Border 72

Cross-Border Payment APIs and Integration Cross-Border Payments Verification 72

Payments Source

DECEMBER 18, 2018

The Global Payments Innovation service now moves 55 percent of Swift's cross-border transactions as it nears its second anniversary.

Cross-Border 60

Cross-Border Cross-Border Payments SWIFT Global Payments 60

PYMNTS

SEPTEMBER 6, 2019

It was a busy week for payments and commerce news, and the new PYMNTS Weekender is here to make sure you didn’t miss anything. Coverage includes a story about how bamboo straws signal a new phase in global commerce, a new mobile payment network and Amazon’s latest push into biometrics, among many other topics and original PYMNTS research.

Cross-Border 46

Cross-Border Cross-Border Payments Innovation Online and Mobile Banking 46

PYMNTS

JANUARY 8, 2019

The company announced that 13 new financial institutions, including Euro Exim Bank, SendFriend, JNFX, FTCS, Al Ahli Bank of Kuwait, Transpaygo, BFC Bahrain, ConnectPay, GMT, WorldCom Finance, Olympia Trust Company, Pontual/USEND and Rendimento have joined its payment network.

Cross-Border Payments 77

Cross-Border Payments Cross-Border Payments Blockchain 77

PYMNTS

JUNE 13, 2019

The transactions between businesses are done on an account-to-account basis, as opposed to using the existing correspondent banking network — which, of course, relies on intermediaries. It has also linked with MoneyNetInt on cross-border payment processing in the U.S. Mastercard, Too. Separately, and beyond the U.S.,

B2B 75

B2B Distributed Ledger Technology (DLT) Cross-Border Cross-Border Payments 75

Fintech Finance

MAY 7, 2024

TerraPay , a leading global money movement company, has joined forces with Multipass , a bank challenger in the financial technology sector, to redefine cross-border payment solutions for corporate customers. All while prioritizing security and efficiency in speed and costs.

Cross-Border Payments 52

Cross-Border Payments Cross-Border Payment Solutions Global Payments 52