The Fintech Times

JUNE 27, 2024

DBS and Mashreq have announced a new collaboration to extend same-day and near-instant peer-to-peer cross-border payments to Mashreq’s retail customers in selected markets across Asia Pacific, Europe, and the Americas.

Cross-Border Payments 59

Cross-Border Payments Cross-Border Payment APIs and Integration Near Real-Time 59

The Paypers

OCTOBER 21, 2024

Mastercard has launched the Mastercard Move Commercial Payments product in a bid to help banks process near real-time commercial cross-border payments.

Cross-Border Payments 48

Cross-Border Payments Cross-Border Visa Near Real-Time 48

Bank Automation

AUGUST 28, 2024

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.

Near Real-Time 56

Near Real-Time Cross-Border Real Time Payments Transactions 56

Fintech Review

NOVEMBER 20, 2024

In this exclusive Fintech Review interview, Adam Swartzbaugh, CEO of Almond FinTech , discusses transformative cross-border payment technology. Almond’s blockchain-driven Settlement Optimization Engine (SOE) addresses critical speed, transparency, and cost challenges in cross-border payments.

Cross-Border Payments 115

Cross-Border Payments Cross-Border Multi-Currency FinTech 115

Payments Source

JANUARY 22, 2021

MoneyGram International is expanding its use of Visa Direct across Europe, allowing its customers to use the company website or mobile app to send money in near-real time to Visa debit card holders in various parts of 25 countries in Europe.

Near Real-Time 159

Near Real-Time Debit Card Cross-Border Payments Cross-Border 159

PYMNTS

AUGUST 1, 2019

The second is network interoperability, in which one payment scheme negotiates exchange agreements with another. This type of interoperability is almost exclusively used for cross-border payments, allowing consumers to make credit card purchases in countries with domestic currencies different from their own.

Cross-Border Payments 43

Cross-Border Payments Cross-Border Interoperability Electronic Funds Transfer (EFT) 43

Fintech Finance

MARCH 8, 2024

Jersey based Fintech , EWG , launches revolutionary – Lightspeed API – the fast-start route to embedded cross-border payments and FX for Fiduciary, Corporate and Fund Services. Many of our clients are dealing in high value, and often high volume, cross-border payments.

Cross-Border Payments 52

Cross-Border Payments Cross-Border Payment APIs and Integration FinTech 52

PYMNTS

JANUARY 22, 2021

MoneyGram customers can send money in near-real-time to Visa debit cardholders across 575 corridors from 25 countries in Europe. In 2019, MoneyGram was the first company in the industry to enable cross-border transfers from the U.S. using Visa Direct. "As

P2P 107

P2P Cross-Border Real Time Payments Cross-Border Payments 107

The Paypers

MARCH 19, 2019

(The Paypers) IBM has unveiled a global blockchain network, Blockchain World Wire, that will offer near real-time cross-border payment exchange and international settlement.

Cross-Border Payments 31

Cross-Border Payments Cross-Border Blockchain Near Real-Time 31

Payments Source

DECEMBER 7, 2020

TransferGo will use Mastercard's push payment service to support near real-time money transfers for European customers.

Visa 105

Visa Near Real-Time Payments Cross-Border Payments 105

Fintech Finance

MARCH 19, 2024

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.

Cross-Border Payments 52

Cross-Border Payments Visa Cross-Border Security 52

The Fintech Times

OCTOBER 21, 2024

Payments giant Mastercard has launched a new cross-border payments solution in a move to simplify operations, optimise liquidity, reduce counterparty risk and provide end-to-end visibility for banks and their customers.

Cross-Border 52

Cross-Border Addressing Cross-Border Payments Visa 52

The Fintech Times

SEPTEMBER 12, 2024

According to the Borderless Payments Report 2023 by Mastercard, 48 per cent of people in the UAE expect to send cross-border payments more frequently. Meanwhile, 36 per cent are likely to receive more cross-border payments, driving the demand for robust international money transfer solutions.

Visa 64

Visa Cross-Border Cross-Border Payments Financial Inclusion 64

Fintech Finance

APRIL 11, 2024

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.

Cross-Border 52

Cross-Border Visa Payee Near Real-Time 52

PYMNTS

JANUARY 28, 2021

The recent acceleration of central banks’ exploration and development of central bank digital currencies (CBDCs) only adds greater legitimacy to the technology, with Sully pointing to cross-border payments as one of the biggest areas of CBDC disruption — although, he acknowledged, the true impact of this tool is not yet understood.

Treasury 84

Treasury Cross-Border Cross-Border Payments Interoperability 84

Payments Source

MAY 13, 2020

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.

Push-to-Card 68

Push-to-Card Near Real-Time Card Services International Payments 68

The Paypers

JANUARY 12, 2022

Cross-border payments company Tranglo has added Hong Kong on its list of countries where it will conduct business, allowing near real-time payouts.

Cross-Border Payments 34

Cross-Border Payments Near Real-Time Cross-Border Payments 34

PYMNTS

MAY 4, 2017

Cross-border payments company Transpay is expanding with new global currencies supported by its platform. In addition to expanding support for more currencies, the company has recently been working to accelerate its payment capabilities.

Cross-Border 40

Cross-Border Cross-Border Payments Near Real-Time Wire 40

BitPay

APRIL 25, 2023

Stablecoins’ lack of volatility and widespread acceptance makes them one of the best types of crypto for cross-border payments and payouts. Making or accepting cross-border payments with crypto is faster and cheaper than the usual methods, and involves less risk.

Stablecoins 52

Stablecoins Cross-Border Cross-Border Payments Payroll 52

PYMNTS

DECEMBER 2, 2019

In the latest iteration of the “Executive Insight” series, executives at Citigroup take stock of the treasury function evolution from a somewhat predictable, visible monitoring of cash positions on a daily or weekly basis, marked by batch processing … to today’s necessity of managing cash in near-real-time, sometimes pressure-cooker situations.

Cross-Border 55

Cross-Border Cross-Border Payments Payment APIs and Integration Treasury 55

PYMNTS

SEPTEMBER 6, 2018

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.

SWIFT 40

SWIFT Payment Initiation Caps Cross-Border Payments 40

PYMNTS

JUNE 5, 2018

Today, those are problems like supply chain, security and authentication, cumbersome and manually intensive “know your customer” (KYC) processes, and cross-border payments. Pigg said even transactions that take hours to complete would be better than cross-border payments that can take days.

Blockchain 61

Blockchain Cross-Border Cross-Border Payments Use Case 61

Wharton Fintech

JANUARY 18, 2024

The future of cross-border payments, and the role that crypto and blockchain will play in this space. Jack: I don’t foresee crypto playing a very significant role in cross-border payments, at least in a regulated fashion.

Cross-Border 52

Cross-Border Cross-Border Payments Payment APIs and Integration Embedded Finance 52

The Fintech Times

FEBRUARY 21, 2024

Transaction data, particularly in the context of cross-border payments, has grown increasingly vital as transactions move towards near-real-time processing, with the goal of achieving real-time transactions.

APACS 59

APACS Legal Framework Finance Cross-Border 59

PYMNTS

NOVEMBER 29, 2018

The allure of blockchain was its potential to be a catch-all solution, but as innovators take a more practical approach to introducing the technology to the real world, its true opportunity may lie in addressing highly specialized, unique points of friction.

Cryptocurrency 54

Cryptocurrency Audit Blockchain B2B 54

PYMNTS

JULY 24, 2018

All of those transactions will happen in near real time, he explained. However, Holmes noted, they can also send that cash to a bank account associated with their Visa-branded debit card or load it onto a Visa-branded prepaid card.

P2P 89

P2P Cross-Border Push-to-Card B2C 89

PYMNTS

NOVEMBER 29, 2016

The banks will use blockchain to trade invoices, purchase orders, invoice financing processes and other trade finance transactions in near real-time, the banks noted. They’ll use the EdgeVerve Blockchain Framework for Financial Services product, reports added.

Blockchain 44

Blockchain Near Real-Time NOV Finance 44

Finance Magnates

MARCH 26, 2023

The second factor is the near real-time settlement between the two financial institutions that were doing the remittance (i.e. Sender’s Bank and Beneficiary’s Bank). Now, more than a decade later, we can evaluate how accurate your predictions were and what has actually transpired in the industry since then.

Cross-Border 52

Cross-Border Suspicious Activity Report (SAR) Money Laundering SARS 52

PYMNTS

SEPTEMBER 4, 2018

Faster payments tools can provide corporates with the data they need in near real time, and adopt faster hedging tools from their banks in a gradual move toward real-time FX management.

Treasury 44

Treasury Faster Payments Real Time Payments Liquidity Management 44

PYMNTS

JULY 24, 2017

Take faster payments. One such innovator recognized the vast commerce potential that could be unlocked if new technologies were used to move money and messaging between people in near real-time. The grandness of his vision and success, with a proof of concept, prompted him to reach out to the U.S.

Fed 47

Fed Faster Payments Ubiquitous Same Day ACH 47

Segpay

JUNE 25, 2024

Faster Settlement : Pay by Bank transactions often offer real-time or near-real-time settlement. This improves cash flow, as funds from bank transfers can be deposited into the merchant’s account in real-time.

Online and Mobile Banking 52

Online and Mobile Banking Payments Settlement Transactions 52

Fintech Labs Insights

JANUARY 12, 2017

” Ripple’s digital currency, XRP, was part of blockchain consortium, R3’s 12-bank cross-border payments trial in October. Visa ( FD14 ), for example, unveiled a blockchain based payments platform, Visa B2B Connect , in partnership with Chain ( FD15 ) in 2016.

Blocks 21

Blocks Blockchain FinTech Cross-Border 21

PYMNTS

SEPTEMBER 26, 2019

Further, the infrastructure removes the need for an intermediary, resulting in an overall more seamless process that can land cash where it needs to be in near real-time (if conducted within the operating window).

Blockchain 61

Blockchain Cross-Border Cross-Border Payments Liquidity Management 61

Fintech Finance

APRIL 15, 2024

Responding to the ever-growing need to move money seamlessly, Mastercard and VoPay today announced a strategic partnership that will offer choice, simplicity and efficiency for near-real-time money movement in Canada and internationally for businesses and consumers.

Visa 92

Visa Electronic Funds Transfer (EFT) Near Real-Time Cross-Border 92

PYMNTS

SEPTEMBER 18, 2019

17), the bank announced the development of its Wells Fargo Digital Cash, a service designed to allow financial institutions (FIs) to complete cross-border payment book transfers internally across its global network using digitized cash. In a press release on Tuesday (Sept. and Canada, the release noted. .

Distributed Ledger Technology (DLT) 49

Distributed Ledger Technology (DLT) Stablecoins Cross-Border Cross-Border Payments 49

PYMNTS

JULY 10, 2019

The data focus of faster payments, open banking and bank-FinTech collaboration makes these trends surprisingly agile vehicles for B2B payments disruption. Faster Payments. Such visibility enables real-time analysis of risk exposures for more agile FX hedging and risk management.

B2B 62

B2B Payment APIs and Integration Faster Payments Reconciliation 62

PYMNTS

OCTOBER 1, 2018

While bitcoin and crypto garner the headlines, innovators are taking the best of distributed, permissioned, secure and private ledger tech, and digitizing assets issued by regulated financial services companies and governments to clear and settle transactions in near real time, globally, at scale.

Bitcoin 85

Bitcoin Blockchain Cryptocurrency Innovation 85