Remove Cross-Border Payments Remove International Payments Remove Near Real-Time
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CBA and BNY Deliver Near Real-Time Cross-Border Payments

Fintech Finance

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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Mastercard Partnership with Alipay Offers Faster, Secure Remittances to China

Fintech News

Payment giant Mastercard has announced a new partnership with Ant Group’s digital open platform Alipa y to expand its cross-border payment services to facilitate quicker and more secure money transfers to China. As global economic activities continue to recover, demand for cross-border payments will only increase.

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Transactions: BNY, CBA join for cross-border near real-time payments

Bank Automation

BNY has joined forces with Commonwealth Bank of Australian to provide its customers with near real-time payments for cross-border transactions. By working with CBA, BNY customers can make and receive payments in about 60 seconds, an Aug. 22 BNY release stated.

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Mastercard Enables Convenient and Secure International Remittances to Alipay Wallet

Fintech Finance

Mastercard continues to expand its cross-border payment solutions with a new connection to Alipay , China’s leading digital open platform under Ant Group. Insights from Mastercard’s Borderless Payments Report reveal that 68% of consumers would make more online cross-border payments if they were faster.

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Verituity Joins Forces With Mastercard to Accelerate Secure Domestic and Cross-Border Payouts

Fintech Finance

Verituity , a leading provider of intelligent, verified payout solutions, today announced the integration of Mastercard Move , Mastercard’s portfolio of domestic and international money transfer solutions, into its payments platform, enabling near real-time payouts for commercial banks and payers.

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Cross River Bank signs Remitly to new international push-to-card service for remittances

Payments Source

Cross River Bank, a banking-as-a-service provider to fintechs, has signed Remitly to leverage its new push-to-card international payment service for near real-time remittances.

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IBM, SWIFT Cap X-Border Payments Initiatives       

PYMNTS

However, blockchain is also gaining ground, and currency is offering a boost to the payments infrastructure. To that end, IBM said it launched its Blockchain World Wire , billed as a cross-border payment system that is powered by the Stellar blockchain network.

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