Fintech News

MARCH 23, 2025

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.

Cross-Border Payments 76

Cross-Border Payments Cross-Border Multi-Currency Payments 76

The Fintech Times

FEBRUARY 2, 2025

It has been a busy few days for the Central Bank of Brazil as it announces another company has acquired a payment institution (PI) licence. A company following suit but taking PIX in a different direction is AstroPay , the digital financial solution provider.

Payments Institute 64

Payments Institute Acquirers Cross-Border Cross-Border Payments 64

The Fintech Times

JANUARY 10, 2025

dLocal , a payment platform connecting merchants to emerging markets born out of Uruguay, has secured the UK Authorised Payment Institution (API) licence from the Financial Conduct Authority (FCA). With the licence, dLocal can now offer a comprehensive suite of regulated payment solutions to UK-based merchants.

Payments Institute 59

Payments Institute Security Alternative Payment Methods Cross-Border Payments 59

Fintech Finance

JANUARY 31, 2025

AstroPay , a global leader in digital financial solutions, is redefining financial connectivity in Brazil with its strategic expansion and acquiring a coveted Payment Institution (PI) license issued by the Central Bank of Brazil. The companys streamlined approach to cross-border payments delivers substantial savings for users.

Payments Institute 59

Payments Institute Cross-Border Continuity Cross-Border Payments 59

Fintech News

JUNE 11, 2024

Licensed as a Major Payment Institution (MPI) by the Monetary Authority of Singapore (MAS), OPAL offers domestic and cross-border payments, payment accounts, and e-money services. Find out how Currencycloud can help you build your payments infrastructure by speaking to one of their experts today.

Cross-Border Payments 117

Cross-Border Payments Cross-Border Payment APIs and Integration Payments 117

Fintech News

NOVEMBER 20, 2024

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.

Cross-Border Payments 131

Cross-Border Payments Cross-Border B2B Due Diligence 131

The Fintech Times

DECEMBER 3, 2024

Many businesses and consumers need stability to conduct their transactions, meaning that turning to stablecoins and fiat currencies is the more reliable solution. This ties in with one of the commitments of dtcpay has made which is to offer secure, predictable and regulatory-compliant payment solutions.

Stablecoins 69

Stablecoins Cross-Border Payments Cross-Border Cryptocurrency 69

Fintech News

DECEMBER 13, 2023

Singaporean payment institution FOMO Pay and United Arab Emirates’ digital bank Zand have partnered to improve cross-border payment efficiency between Asia and the Middle East and North Africa (MENA) region. ” said Michael Chan, CEO of Zand.

Cross-Border Payments 130

Cross-Border Payments Cross-Border Central Bank Gateways 130

Fintech News

MAY 21, 2024

Alchemy Pay, a provider of fiat-crypto payment solutions, is preparing to launch its Web 3.0 Inspired by Ripple’s cross-border payment model, the Web 3.0 digital bank addresses significant challenges in managing cross-border payments and fiat-crypto transactions. digital bank.

Web 3.0 109

Web 3.0 Cross-Border Payments Cross-Border Alternative Payment Methods 109

Fintech Finance

MARCH 20, 2025

This also builds upon Spendesk’s recent announcements of the launch of Spendesk Financial Services , Spendesk’s regulated payment institution, and its pioneering Procure-to-Pay solution.

International Payments 59

International Payments Cross-Border Multi-Currency Cross-Border Payments 59

Fintech Finance

AUGUST 12, 2024

Nium , the global leader in real-time cross-border payments, is strengthening its presence in Latin America by applying for essential licenses, joining key fintech associations, expanding its employee presence, and signing new customers. The moves made in the region support significant growth anticipated in Latin America.

Real Time Payments 98

Real Time Payments Cross-Border Payments Cross-Border Central Bank 98

Finovate

JANUARY 17, 2025

Founded in 2019 and headquartered in Mexico City, Belvo is a leading open finance and data payments platform. With partners including BBVA, Citibanamex, and Finovate alum Nubank , Belvo first launched its direct debit recurring payments solution in Colombia and Mexico in the fall of 2023.

Cross-Border 64

Cross-Border Cross-Border Payments Payments Acquirers 64

Fintech Finance

JANUARY 15, 2025

Airwallex announced several milestones in its global expansion strategy: securing a payment institution license from the Banco Central do Brasil, and finalizing the acquisition of MexPago, a Mexico-based payment service provider and an Institution of Electronic Payment Funds (IFPE) license-holder.

Cross-Border 97

Cross-Border Cross-Border Payments Payments Institute B2B 97

Fintech News

APRIL 10, 2024

Canadian payments firm Nuvei Corporation has secured a Major Payment Institution (MPI) license from the Monetary Authority of Singapore. It also provides another validation of our steadfast commitment to optimising the payment experience for businesses and consumers throughout this critically important region.”

Cross-Border 117

Cross-Border Security APACS Alternative Payment Methods 117

Finovate

OCTOBER 18, 2024

“At Ebury, we embrace the complexity and risk of daily cross-border payments that enable business growth, in a way that traditional banks do not, or cannot,” Ebury Managing Director for APAC, Rick Roache said. Romania’s national mobile payment system, RoPay, went live this week.

Cross-Border Payments 59

Cross-Border Payments Cross-Border Advisors Payments 59

Fintech News

FEBRUARY 19, 2024

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.

Cross-Border 117

Cross-Border Cross-Border Payments Multi-Currency Payment APIs and Integration 117

Fintech News

APRIL 7, 2024

Payments infrastructure company TerraPay has been awarded a Major Payment Institution (MPI) License by the Monetary Authority of Singapore (MAS). This expansion is aimed at meeting the increasing demands for efficient and transparent payment solutions in the region and beyond.

Cross-Border Payments 109

Cross-Border Payments Cross-Border Payments Authorization 109

Finovate

JANUARY 10, 2025

” Founded in 2021, NomuPay offers state-of-the-art, unified payment solutions to help businesses scale in high-growth regions in Europe, Asia, and the Middle East. Onchain finance solutions provider Tokeny has teamed up with El Salvador-based Digital Asset Service Provider Ditobanx. ’s FCA.

Innovation 64

Innovation Cross-Border Payments Payments Cross-Border 64

The Fintech Times

MARCH 18, 2025

Since its launch, Pix has become a widely adopted payment method in Brazil, with over 173 million registrations and more than 155 million people using it to make payments online and in physical stores via mobile phones. This achievement marks a significant milestone in the expansion of digital payment solutions.

Online and Mobile Banking 64

Online and Mobile Banking Central Bank Cross-Border Instant Payments 64

PYMNTS

JANUARY 19, 2017

Geoswift, a provider of cross-border payment solutions between China and the rest of the world, announced Wednesday (Jan. unit, Geoswift UK, has received authorization as a payment institution from the Financial Conduct Authority (FCA). 18) that its U.K. and China.”.

Payments Institute 40

Payments Institute Authorization Cross-Border Cross-Border Payments 40

The Payments Association

JANUARY 13, 2025

Statutory trusts, while beneficial for legal clarity, may prolong insolvency proceedings and introduce additional legal complexities, especially for cross-border operations. This inflexibility could hinder their ability to offer competitive, innovative solutions, such as multi-currency wallets or cross-border payment services.

Compliance 88

Compliance Audit Legal Reconciliation 88

The Fintech Times

AUGUST 13, 2024

Nium , the global real-time cross-border payments provider, is looking to strengthen its presence in Latin America by applying for new payment licenses, joining fintech associations, growing its team, and signing new customers.

Cross-Border Payments 69

Cross-Border Payments Cross-Border Real Time Payments Correspondent Bank 69

The Fintech Times

JANUARY 29, 2024

Higlobe , a payment solution provider for global businesses and remote professionals, has joined forces Triple-A , the digital currency payment institution, to better support remote workers in the Philippines by providing instant, free payment transfers from the United States.

Instant Payments 59

Instant Payments Cross-Border Payments Cross-Border Payments 59

Fintech Finance

APRIL 8, 2024

TerraPay , a global money movement company, has been granted a Major Payment Institution (MPI) License under the Payment Services Act 2019 by the Monetary Authority of Singapore (MAS) —a significant milestone solidifying TerraPay’s position as a cross-border payments powerhouse.

Cross-Border Payments 52

Cross-Border Payments Cross-Border Regulatory Compliance APACS 52

Finovate

AUGUST 9, 2024

Latin America and the Caribbean Uruguay-based cross-border payments platform dLocal forged a strategic partnership with cross-border payments company iTransfer. Canadian fintech Nuvei agreed to acquire Brazilian licensed Payment Institution, Pay2All.

Electronic Funds Transfer (EFT) 106

Electronic Funds Transfer (EFT) Cross-Border Payments Financial Inclusion Cross-Border 106

Fintech Finance

DECEMBER 13, 2023

Worldline (Euronext: WLN), a global leader in payment services, announces its wholly owned subsidiary, GCS APAC, has been granted Major Payment Institution license by the Monetary Authority of Singapore (MAS).

Payments Institute 52

Payments Institute APACS Push-to-Card Cross-Border 52

Fintech News

SEPTEMBER 4, 2024

HitPay secured in June a major payment institution (MPI) license from the Monetary Authority of Singapore (MAS), enabling it to offer merchant acquisition and domestic and cross-border money transfer services. With a US$6.6

FinTech 117

FinTech Cross-Border Payment APIs and Integration Credit Cards 117

Fintech News

JANUARY 24, 2024

Each license allows the holder to conduct multiple specific payment services. Data from MAS’ Financial Institutions Directory show that as of August 01, 2022, 231 Money-Changing, 13 Standard Payment Institutions, and 175 Major Payment Institution licenses had been issued.

Service Provider 98

Service Provider Cryptocurrency Payments Institute Stablecoins 98

The Fintech Times

JANUARY 28, 2025

Looking to facilitate international businesses entry into the region, Airwallex acquired a payment institution licence from the Banco Central do Brasil , and finalised the acquisition of MexPago , a Mexico-based payment service provider and an Institution of electronic payment funds (IFPE) licence-holder.

Cross-Border 59

Cross-Border Cross-Border Payments B2B Instant Payments 59

PYMNTS

NOVEMBER 5, 2019

The company is instead going to concentrate on its cross border business-to-business payments solution. Nanu told Bloomberg Nium will concentrate its efforts on cross-border payments and go after an electronic money institution license in Mexico and Brazil. So far, no one else has backed out.

Cross-Border 40

Cross-Border Cross-Border Payments NOV Payments Institute 40