Fintech News

OCTOBER 20, 2024

This eliminates the need for complex and costly API integrations, making cross-border payments faster and more affordable. ISO 20022 is also the new industry standard in the process of migration, further streamlining cross-border payment processes. said Alex Johnson, Chief Payments Officer at Nium.

Cross-Border Payments 117

Cross-Border Payments Cross-Border SWIFT ISO 20022 117

Fintech Finance

NOVEMBER 13, 2024

Authorised Push Payment (APP) fraud continues to be one of the most pressing concerns for financial services, the payment industry, law enforcement and the general public – and new developments in cross-border payments may be making it easier.

Cross-Border Payments 89

Cross-Border Payments Cross-Border Law Enforcement Romance Scams 89

Fintech Finance

OCTOBER 21, 2024

Mastercard introduced a new product innovation, Mastercard Move Commercial Payments, that will enable banks to facilitate near real-time, predictable and transparent commercial cross-border payments.

Cross-Border Payments 96

Cross-Border Payments Cross-Border Visa Near Real-Time 96

Fintech News

NOVEMBER 20, 2024

PayPal has announced that its disbursement partners can now use PayPal USD (PYUSD) to settle cross-border money transfers via Xoom, its digital remittance platform. Yellow Card CEO Chris Maurice highlighted the transformative potential of stablecoin-based payment rails in optimising cross-border transactions.

Cross-Border 107

Cross-Border Cross-Border Payments PayPal Financial Inclusion 107

Payments Dive

OCTOBER 10, 2022

The Clearing House, Swift and rivals are jostling to speed up cross-border payments, with collaboration and competition likely to emerge at an international conference this week.

Cross-Border Payments 218

Cross-Border Payments Cross-Border SWIFT Payments 218

Fintech Finance

OCTOBER 18, 2024

Nium , the leading global infrastructure for real-time cross-border payments, is thrilled to announce a partnership with Bank Rakyat Indonesia (BRI) to provide Indonesian customers with real-time international money transfer capabilities.

Cross-Border Payments 114

Cross-Border Payments Cross-Border Payment Solutions Real Time Payments 114

Fintech News

OCTOBER 23, 2024

Emirates NBD has entered a strategic agreement with Singapore-based blockchain platform Partior to improve its cross-border payment capabilities. The partnership will allow Emirates NBD to offer clients faster, around-the-clock payment processing through Partior’s blockchain-based platform for clearing and settlement.

Cross-Border Payments 118

Cross-Border Payments Cross-Border Settlement Real Time Payments 118

Payments Dive

MARCH 6, 2024

The card network and the cross-border payments company are developing an international payment system that could be used in disaster situations.

Cross-Border Payments 166

Cross-Border Payments Cross-Border International Payments Payments 166

Finextra

NOVEMBER 13, 2024

The Payments Association has warned that international criminals are making the most of innovations in cross-border payments to stash funds and evade detection when undertaking authorised push payment (APP) fraud.

Cross-Border Payments 78

Cross-Border Payments Cross-Border Innovation Payments 78

Fintech News

AUGUST 13, 2024

In a recent webinar hosted by the Fintech News Network, experts from the Bank for International Settlements (BIS), Wise, Airwallex, and LexisNexis Risk Solutions explored the latest trends and developments in cross-border payments, emphasizing the pioneering role of Southeast Asia in this rapidly evolving landscape.

Cross-Border Payments 119

Cross-Border Payments Cross-Border Payments Instant Payments 119

Fintech Finance

OCTOBER 22, 2024

dLocal , the leading cross-border payment platform specializing in emerging markets, today announced its strategic partnership with USI Money , a prominent foreign exchange provider and money transfer operator.

Cross-Border Payments 93

Cross-Border Payments Cross-Border Payments Facilitators 93

Fintech News

NOVEMBER 6, 2024

Global payments infrastructure provider Nium has expanded its partnership with Kinexys by J.P. Morgan (formerly Onyx) to enhance cross-border payment accuracy in Malaysia, Thailand, and Hong Kong, This makes Nium the first fintech to provide data for validating bank account details in these markets.

Cross-Border Payments 97

Cross-Border Payments Cross-Border Account Validation Credit Union 97

The Payments Association

JULY 30, 2024

The realm of cross-border payments is rapidly evolving, with the UK positioned at the forefront of this transformation. As globalisation intensifies and digital economies expand, the need for efficient, cost-effective, and secure cross-border payment solutions has never been greater.

Cross-Border Payments 88

Cross-Border Payments Cross-Border Payments Economy 88

Fintech News

OCTOBER 16, 2024

Siam Commercial Bank ( SCB ), alongside its venture arm SCB 10X and Lightnet , has launched Thailand’s first cross-border payment system utilising stablecoins, according to CoinGape.

Cross-Border Payments 129

Cross-Border Payments Cross-Border Stablecoins Digital Currency 129

The Payments Association

AUGUST 15, 2024

Cross-border payments can give a business an entirely new scope of potential customers, the ability to facilitate payments globally is a game changer. However, some key elements are essential to making this work seamlessly. Read more

Cross-Border Payments 88

Cross-Border Payments Cross-Border Facilitators Payments 88

Fintech News

OCTOBER 29, 2024

Global payments network Thunes has announced a collaboration with Circle , the issuer of regulated stablecoins USDC and EURC. This partnership aims to enhance stablecoin liquidity management in cross-border payments. said Jeremy Allaire, Co-founder and CEO of Circle.

Cross-Border Payments 91

Cross-Border Payments Cross-Border Stablecoins Facilitators 91

Finextra

OCTOBER 22, 2024

Nium, the leading global infrastructure for real-time cross-border payments, is thrilled to announce its strategic partnership with Doha Bank, a premier financial institution in Qatar.

Cross-Border Payments 98

Cross-Border Payments Cross-Border Payments 98

The Payments Association

SEPTEMBER 16, 2024

Central bank digital currencies (CBDCs) could transform cross-border payments by reducing costs, improving efficiency, and enhancing transparency. Read more

Cross-Border Payments 88

Cross-Border Payments Cross-Border Digital Currency Central Bank 88

The Paypers

OCTOBER 22, 2024

dLocal has announced its partnership with USI Money in order to streamline cross-border payments for customers and clients in the region of Asia and Africa.

Cross-Border Payments 101

Cross-Border Payments Cross-Border Payments 101

Fintech News

SEPTEMBER 10, 2024

A new report by Deloitte delves into the latest developments in the cross-border payment sector in Asia-Pacific (APAC), identifying four major trends reshaping the landscape and offering significant opportunities for merchants. This partnership enables tourists to use familiar payment methods while being abroad.

Cross-Border Payments 103

Cross-Border Payments Cross-Border APACS Interoperability 103

Fintech Finance

NOVEMBER 15, 2024

TransferTo , a Singapore-based global technology group, and Ecobank Group the leading pan-African financial institution, announce a landmark Memorandum of Understanding (MOU), laying the groundwork to transform financial access and cross-border payment solutions across Africa.

Cross-Border Payments 98

Cross-Border Payments Cross-Border Financial Inclusion Underserved 98

Fintech Finance

OCTOBER 17, 2024

Swift today published new data which reveals continued progress towards meeting the G20’s goal for the speed of cross-border payments, reporting that 90% of cross-border payments made over the Swift network reach the destination bank within an hour. Swift is committed to continuing to support these efforts.”

Cross-Border Payments 94

Cross-Border Payments Cross-Border SWIFT ISO 20022 94

Fintech Finance

OCTOBER 22, 2024

Nium , the leading global infrastructure for real-time cross-border payments, is thrilled to announce its strategic partnership with Doha Bank , a premier financial institution in Qatar. Central to this collaboration is the commitment to offer fast, reliable, and cost-effective remittance services to residents of Qatar.

Cross-Border Payments 95

Cross-Border Payments Cross-Border Real Time Payments Financial Inclusion 95

The Payments Association

AUGUST 9, 2024

Cross-border payments are the lifeblood of global trade. They fuel the import and export of goods and services, facilitate commodities and equities trading, and are vital to improving financial inclusion in the world’s poorer countries.

Cross-Border Payments 88

Cross-Border Payments Cross-Border Financial Inclusion Blocks 88

Fintech News

OCTOBER 22, 2024

Banking software provider Temenos has introduced a new service designed to make cross-border payments faster and more affordable. The Temenos Cross Border Payments Enterprise Service is available to banks, Payment Service Providers (PSPs), electronic money institutions (EMIs), and fintechs.

Cross-Border Payments 70

Cross-Border Payments Cross-Border Regulatory Compliance Payments 70

Payments Dive

NOVEMBER 20, 2020

Cross-border payments are fraught with difficulties from long paper trails to complicated contracts/ Blockchain has emerged as a possible contender to streamline the process, however, but is it ready to tackle cross-border payments?

Cross-Border Payments 218

Cross-Border Payments Cross-Border Blockchain Payments 218

Finextra

SEPTEMBER 9, 2024

Japanese banks MUFG, SMBC and Mizuho are participating in a pilot using stablecoins and the Swift network for cross-border payments.

Cross-Border Payments 98

Cross-Border Payments Cross-Border Stablecoins SWIFT 98

Fintech Finance

AUGUST 22, 2024

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.

Cross-Border Payments 95

Cross-Border Payments Near Real-Time Cross-Border Settlement 95

Fintech News

JULY 15, 2024

Bank Indonesia (BI) and the Bank of Korea (BoK) have signed a memorandum of understanding (MOU) on cross-border payments. The agreement aims to enhance cooperation on the interoperability of cross-border payments and establish a framework for seamless connectivity between Indonesia and South Korea.

Cross-Border Payments 105

Cross-Border Payments Cross-Border Central Bank Interoperability 105

Finextra

NOVEMBER 11, 2024

Nium, the leading global infrastructure for real-time cross-border payments, announced a partnership with Ecobank Transnational Incorporated, the leading independent pan-African financial services group, to enable seamless cross-border payments across 35 African markets for more than 32 million customers.

Cross-Border Payments 69

Cross-Border Payments Cross-Border Payments 69

Finextra

NOVEMBER 11, 2024

Thunes, the Smart Superhighway to move money around the world, today welcomed Papara, Türkiye’s leading fintech company, as a new Member of its Direct Global Network, and allies to facilitate cross-border payments to and from Türkiye.

Cross-Border Payments 59

Cross-Border Payments Cross-Border Payment Networks Facilitators 59

Finextra

NOVEMBER 8, 2024

Nium, the leading global infrastructure for real-time cross-border payments, today announced a partnership with Ecobank Transnational Incorporated., the leading independent pan-African financial services group, to enable seamless cross-border payments across 35 African markets for more than 32 million customers.

Cross-Border Payments 59

Cross-Border Payments Cross-Border Payments 59

Fintech News

NOVEMBER 21, 2024

India is advancing efforts to establish cross-border payment linkages with multiple countries, as reported by Bloomberg, citing an official from the Reserve Bank of India (RBI). T Rabi Sankar Deputy Governor T. These developments build on existing arrangements with Sri Lanka, Bhutan, and Nepal.

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The Fintech Times

NOVEMBER 18, 2024

Cross-border payments in the MENA region have faced challenges such as high costs, slow processing times and limited transparency. The post Mastercard’s Entry into Buna: What It Means for the Future of MENA Cross-Border Payments appeared first on The Fintech Times.

Cross-Border Payments 67

Cross-Border Payments Cross-Border Visa Participant 67

Fintech Finance

OCTOBER 11, 2024

Today, Citi and Mastercard announced a collaboration to offer cross-border payments to Mastercard debit cards in 14 receiving markets [1] worldwide, with plans for further expansion. Mastercard is one of the largest payment networks, with over 3.4 billion debit, prepaid and credit cards issued globally as of Q2 2024.

Cross-Border Payments 86

Cross-Border Payments Cross-Border Visa Debit Card 86

Fintech Finance

OCTOBER 16, 2024

Macro Global , a leading global FinTech company, today announced a strategic partnership with Trust Payments , a leader in payments powering truly innovative customer-centric commerce solutions worldwide, which will make it simpler for cardholders to send money anywhere.

Cross-Border Payments 105

Cross-Border Payments Cross-Border Payments Settlement 105

Finextra

OCTOBER 17, 2024

Swift today published new data which reveals continued progress towards meeting the G20’s goal for the speed of cross-border payments, reporting that 90% of cross-border payments made over the Swift network reach the destination bank within an hour.

Cross-Border Payments 52

Cross-Border Payments Cross-Border SWIFT Payments 52