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 Finance

AUGUST 29, 2024

As cross-border payment demand reaches new heights, remittance companies continue to turn to the Trulioo global platform for its comprehensive analytics and localized digital verification workflows in 42 languages. We are proud to hold the trust of leading remittance brands in a rapidly expanding global industry.”

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Fintech Finance

JULY 12, 2024

The collaboration will provide Datapro’s customers throughout Latin America and the Caribbean with access to fast, transparent, and convenient cross-border payment experiences. The post Datapro and Mastercard Join Forces to Expand Opportunities for Cross-Border Payments in Latin America appeared first on Fintech Finance.

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Fintech Finance

SEPTEMBER 19, 2024

dLocal, the leading cross-border payment platform specializing in emerging markets, today announced a strategic partnership with MoneyGram, a leading global financial technology company that connects the world’s communities.

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Fintech Finance

JUNE 25, 2024

As part of its mission to connect and power an inclusive digital economy, Mastercard has signed a strategic agreement with urpay to offer urpay consumers across the Kingdom greater access to an advanced selection of cross-border payment solutions. The portfolio includes Mastercard Cross-Border Services and Mastercard Send.

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Nanonets

SEPTEMBER 28, 2023

= Cross-border payments have become increasingly popular as businesses and individuals alike seek to capitalize on opportunities in foreign markets. Yet, these payments can be fraught with challenges, from foreign exchange risks to compliance with local regulations. What Are Cross-Border Payments?

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Fintech Finance

JUNE 7, 2024

EvonSys , a Global Elite Pega Partner and Platinum Sponsor for Pega World 2024, announces the launch of the EvonSys Payments Platform (EPP). This innovative platform is set to transform the landscape of cross-border payments, delivering new standards in traceability, transparency, and efficiency.

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The Fintech Times

APRIL 27, 2024

Global tech firm Veritran has partnered with Swift , the world’s leading provider of financial messaging services, to enable financial institutions to offer an enhanced, streamlined and more transparent cross-border payment experience to their customers.

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The Fintech Times

FEBRUARY 21, 2024

Payments are arguably the face of fintech. When you think about financial technology, it is easy to think about solutions which are making payments faster, easier and more accessible. Most notably, the European Payment Council ’s ‘One-Leg Out Instant Credit Transfer (OCT Inst)’ scheme went live in December.

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Fintech Finance

APRIL 30, 2024

Veritran and Swift announce their collaboration that will enable financial institutions to offer an enhanced and streamlined cross-border payments experience to their customers. Users will also have full visibility of a payment cost, including the FX rate, upfront.

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Payments Dive

JANUARY 23, 2023

In a new report, a group of international organizations give a broad overview of routes for improving international payments systems.

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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. Brazil has tremendous potential to set a global example in digital payment innovation.

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The Fintech Times

FEBRUARY 28, 2024

Payments are arguably the face of fintech. When you think about financial technology, it is easy to think about solutions which are making payments faster, easier and more accessible. Most cross-border payments are processed on infrastructure provided by correspondent banks.

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The Fintech Times

SEPTEMBER 11, 2024

Central bank digital currencies (CBDCs) have a lot of potential to uproot the cross-border payments market. The cross-border payment was completed using the Central Bank of the UAE’s (CBUAE) mBridge platform and marks a significant step forward in the international payments market.

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Fintech Finance

JULY 12, 2024

Cross-border payments are becoming increasingly important to international economies. The G20 roadmap for enhanced cross-border payments aims to improve the speed, access, transparency, and cost of international payments by 2030.

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Payments Source

DECEMBER 10, 2020

Bank of America has launched a cross-border payment tracker through its Swift GPI module that allows clients real-time visibility into their international payments.

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PYMNTS

SEPTEMBER 8, 2020

Digital payments platform Payoneer is working to expand its services globally with the launch of its new Payoneer for Banks, which will aim to let more financial institutions aid businesses with cross-border payments, according to a Tuesday (Sept. 8) press release.

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Fintech Finance

JUNE 26, 2024

The first is a new strategic partnership with Wise Platform , Wise’s market-leading global infrastructure for banks and enterprises, to further enhance Qonto’s cross-border payment capabilities. Faster payments: Over 60% of Wise’s transfers are settled instantly (in 20 seconds or less) and 95% are completed in under one day.

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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

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. COVID-19’s Big Push .

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PYMNTS

DECEMBER 10, 2020

Bank of America (BofA) is introducing a cross-border payment tracker and expanding SWIFT gpi to support more than 140 currencies, accessible through the integrated CashPro platform. Customers can make payments via Bank of America’s SWIFT gpi solution. 10) press release. “Our 10) press release. and Ireland at SWIFT. .

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PYMNTS

OCTOBER 1, 2020

1) that promises to improve the experience for small and medium-sized businesses (SMBs) and consumers who send low-value payments across borders. The Belgium-based cooperative said the initiative will enable customers to make faster, easier, predictable and competitively-priced payments worldwide.

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Fintech Finance

OCTOBER 21, 2024

Nium , the leading global infrastructure for real-time cross-border payments, today announced that financial institutions can now leverage Swift capabilities and their existing Swift infrastructure to connect to Nium’s global real-time payments network.

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The Paypers

DECEMBER 2, 2021

UK-based B2B cross-border payment provider Verto has teamed up with payments bank Banking Circle to streamline international payments for its clients.

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PYMNTS

SEPTEMBER 9, 2019

On the other hand, it also means they must learn to navigate a highly fragmented and complex international payments ecosystem. Each country has its own rules and regulations dictating how businesses can make and receive payments, as well as its own, unique financial infrastructure. To learn more, download the playbook.

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Fintech Finance

MAY 3, 2024

The complexity and cost of international payments, alongside macroeconomic pressures, are cited as key barriers thwarting these businesses’ global ambitions. Costly, Complex International Payments Blocking International Expansion International payments are ultimately causing SMBs the biggest headache when it comes to going global.

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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. What is an International Merchant Account?

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PYMNTS

APRIL 3, 2019

It may seem that cross-border payments were in the … well … crosshairs this past week, with a number of country-by-country and company-by-company initiatives using blockchain and other methods to speed payments and lower fees. Our cloud payment platform is changing all that. Canada and Asia. A Larger Stage.

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Fintech Finance

APRIL 4, 2024

Swan’s 100+ clients can now offer international payments which enables their customers to send and receive funds in 20+ currencies at the mid-market rate, in just a matter of seconds. Swan enables companies across Europe to easily embed banking features such as accounts, cards, and payments, into their own product.

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PYMNTS

FEBRUARY 20, 2018

Individual jurisdictions around the globe are pressing for both faster and more efficient cross-border payments. China’s central bank, for instance, took steps last month to boost the efficiency of cross-border transactions involving Chinese parties by lengthening its clearing window time span. In the U.S.,

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PYMNTS

OCTOBER 21, 2018

SWIFT announced Sunday (October 21) successful test results of its new instant cross-border payments proof of concept, involving banks in China, Singapore, Thailand and Australia. The linkage was achieved by participant banks like National Australia Bank processing incoming SWIFT gpi payments onward as NPP instant payments.”.

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Finextra

OCTOBER 15, 2024

RTGS.global, the next generation settlement company revolutionising cross-border payments, has today announced the launch of a unique solution for Payment Service Providers (PSPs) that will enable them to offer cheaper and faster international payments to their retail and corporate customers.

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Fintech Finance

SEPTEMBER 18, 2024

dLocal , the leading cross-border payment platform specializing in emerging markets, today announced its strategic partnership with Ontop , a global payroll platform that facilitates salary payments from companies to remote workers around the world. for corporate transactions and as much as 6.3% for remittances.

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Fintech News

JANUARY 7, 2024

Wallex, an FX and payments specialist for B2B companies transacting in Asia, and International Payments Identity (iPiD) have announced a strategic partnership. The post Wallex Partners iPiD to Protect Businesses from Payment Fraud appeared first on Fintech Singapore.

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PYMNTS

DECEMBER 12, 2018

In a renewed show of support for blockchain technology , American Express General Manager of Corporate Payments Carlos Carriedo has suggested that its pilot tests with partner Ripple to enable real-time cross-border corporate payments have been a success. Reports in Invest In Blockchain on Tuesday (Dec. in real time.

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PYMNTS

MARCH 21, 2019

SWIFT announced Thursday (March 21) that six Spanish banks, representing 85 percent of the cross-border payments market in Spain, have adopted SWIFT global payments innovation or gpi. SWIFT gpi enables banks to conduct end-to-end tracking of the cross-border payment.

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Fintech Finance

MAY 28, 2024

Leading payment and FX provider IFX Payments has enjoyed a record financial year, with profits soaring 59% and revenues up by a quarter. IFX Payments’ performance comes against a backdrop of a large growth in international payments and a surge in demand for solutions to manage them, such as its flagship ibanq platform.

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