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6 Asian Companies Recognized Among the World’s Most Promising in Cross-Border Payments

Fintech News

FXC Intelligence, a data platform specializing in the cross-border payment and e-commerce sectors, has released its annual selection of the world’s most promising cross-border payments companies in 2024. Another company from Singapore featured on the list is Tazapay.

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Banking Circle’s BC Payments Gets In-Principle Nod for Payment License

Fintech News

BC Payments, a Singapore-based subsidiary of Luxembourg-licensed bank Banking Circle , has received in-principle approval (IPA) from the Monetary Authority of Singapore (MAS) for a Major Payment Institution (MPI) license. Banking Circle is regulated by the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg.

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Why This Chinese Unicorn is Betting Big on Southeast Asia’s B2B Cross Border Payment

Fintech News

Cross-border payment firm XTransfer is leveraging its success in China to fuel an ambitious global expansion plan. Bill Deng “In Singapore, we have received in-principle approval for a major payment institution (MPI) license, and we will have the full license soon.

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Currencycloud Facilitates Seamless Cross-Border Payments with Singapore MPI Licence

The Fintech Times

Currencycloud, a Visa solution, is granted preliminary approval for a major payment licence from the Monetary Authority of Singapore (MAS). For businesses in Singapore, customers can make conversions and payouts in their respective time zones and local currencies.

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Spendesk Partners With Wise Platform to Bring International Payments Capabilities to 5,000+ Mid-Market Companies

Fintech Finance

This strategic partnership introduces international payments capabilities to Spendesk’s platform, allowing customers based in the European Economic Area and the United Kingdom to make cross-border transactions quickly, securely and at low-cost in 30 currencies, supporting invoice payments and expense reimbursements.

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Simplifying Global Money Movement with Visa Cross-Border Solutions

Fintech News

The conversation delved into the transformation journey of Currencycloud into Visa Cross-Border Solutions , a foreign exchange and cross-border payments solution within Visa, and how it addresses the challenges of cross-border payments in today’s fintech landscape.

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Wise Platform Boosts Global Payments with Enhanced Infrastructure for Faster, Cheaper Cross-Border Solutions

Fintech Finance

Rising Demand for Correspondent Services Wise Platform’s Correspondent Services, launched at Sibos last year in collaboration with Swift , allows partners to send and receive international payments instantly. We’re constantly improving our infrastructure to offer speed, convenience, and transparency at a scale unmatched in the industry.