Fintech Finance

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.

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Cross-Border Cross-Border Payments Facilitators Real Time Payments 98

The Fintech Times

DECEMBER 1, 2024

In a move to make cross-border transfers more accessible and seamless for customers, HSBC Singapore has been working alongside money movement solutions provider, Dandelion. This enhancement tripled HSBC’s cross-border payment capabilities, adding 50 new destinations and 40 new currencies.

Cross-Border Payments 59

Cross-Border Payments Cross-Border Multi-Currency Wire Transfer 59

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.

Cross-Border 140

Cross-Border Real Time Payments Cross-Border Payments Cross-Border Settlement 140

Fintech News

OCTOBER 20, 2024

Nium, a global payments infrastructure provider, announced that financial institutions can now connect to its real-time payments network using their existing Swift infrastructure. This eliminates the need for complex and costly API integrations, making cross-border payments faster and more affordable.

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Cross-Border Payments Cross-Border SWIFT ISO 20022 137

Fintech News

NOVEMBER 5, 2024

This collaboration makes Nium the first fintech payment service provider to join the Partior network, unlocking new capabilities such as programmable enterprise liquidity management and Just-in-Time multi-bank payments for financial institutions.

Cross-Border Payments 129

Cross-Border Payments Cross-Border Multi-Currency Real Time Payments 129

Fintech News

OCTOBER 28, 2024

Thunes, a global payments company, has launched a new Pay-to-Card solution that allows its members to send real-time payments to 15 billion Mastercard, Visa, and UnionPay cards worldwide. said Floris de Kort, CEO of Thunes.

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Global Payments Visa Cross-Border Payments Cross-Border 126

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.

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Cross-Border Payments Cross-Border Payments Instant Payments 126

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 133

Cross-Border Payments Cross-Border Settlement Real Time Payments 133

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 116

Cross-Border Payments Cross-Border Payment Solutions Real Time Payments 116

Fintech News

JULY 14, 2024

Ant International and BNP Paribas have entered a strategic partnership to enhance cross-border payment solutions for European merchants and consumers. This collaboration aims to streamline cross-border transactions, making them more efficient and accessible for businesses and consumers.

Cross-Border Payments 121

Cross-Border Payments Cross-Border Treasury Management Treasury 121

Fintech News

AUGUST 7, 2024

Deputy Prime Minister and Minister for Trade and Industry Gan Kim Yong has reiterated the Monetary Authority of Singapore’s (MAS) ongoing efforts to combat cross-border payments scams. He noted that MAS has established real-time payment linkages with India, Malaysia, and Thailand for low-value payments.

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Cross-Border Payments Cross-Border Scams Transaction Limits 108

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 104

Cross-Border Payments Cross-Border Visa Near Real-Time 104

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 98

Cross-Border Payments Near Real-Time Cross-Border Settlement 98

Fintech News

MAY 7, 2024

FXC Intelligence, a data platform specializing in the cross-border payment and e-commerce sectors, has released its annual selection of the world’s top cross-border payment companies, recognizing the leading publicly traded companies, startups and private companies operating in the space worldwide.

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Cross-Border Payments Cross-Border Payment APIs and Integration APACS 111

Fintech News

JANUARY 26, 2025

Emerging trends such as cross-border payment systems and open banking initiatives are breaking down traditional barriers, fostering greater connectivity and efficiency in Asias financial landscape. This initiative demonstrates the growing focus on regional collaboration in the payments sector. billion in 2022 to 96.2

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Payments Trends Payment APIs and Integration Embedded Finance Cross-Border 126

Fintech Finance

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 98

Cross-Border Payments Cross-Border ISO 20022 Payment APIs and Integration 98

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. This collaboration exemplifies our shared vision of driving financial inclusion and accessibility through technology.”

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Cross-Border Payments Cross-Border Real Time Payments Financial Inclusion 98

Fintech Finance

SEPTEMBER 9, 2024

The collaboration empowers local licensed institutions and merchants to conduct a wide range of transactions, including B2B, P2P, B2C, and C2B payments. These services will support diverse cross-border use cases, including foreign education payments, e-commerce transactions, and local acceptance of gig economy payments.

Cross-Border Payments 133

Cross-Border Payments Cross-Border C2B Treasury Management 133

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.”

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Cross-Border Payments Cross-Border SWIFT ISO 20022 98

Fintech Finance

JUNE 5, 2024

Today, Ripple , the leader in enterprise blockchain and crypto solutions, announced a new partnership with Clear Junction , the global leader in cross-border payments solutions for regulated institutions. The post Ripple Partners With Clear Junction to Enhance UK and EU Cross-Border Payments appeared first on Fintech Finance.

Cross-Border Payments 98

Cross-Border Payments Cross-Border Multi-Currency IBAN 98

Fintech Finance

APRIL 24, 2024

The replacement RTGS system, slated for readiness in August 2024, makes support for ISO 20022 a prerequisite for all international payments from the SWIFT deadline. The shift in cross border payments is the first step in what will become a broader adoption of the ISO 20022 standard in the payments environment as a whole.

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ISO 20022 Cross-Border Payments ISOs Cross-Border 145

The Fintech Times

FEBRUARY 22, 2025

Given Taiwan’s prominent role in global trade and its economic growth, the expansion by Thunes aims to enhance the operational efficiency and security of cross-border payments, meeting the demands of the regions financial sector. per cent increase compared to January 2024.

Cross-Border 59

Cross-Border Payment Networks Transactions Cross-Border Payments 59

The Fintech Times

NOVEMBER 6, 2024

. “For Visa, this is an opportunity to deliver innovations that enhance payment experiences across Asia Pacific with greater flexibility, security, and convenience. Visa is committed to meeting the evolving demands of consumers and merchants, ensuring seamless and secure payments.”

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Product Cross-Border FinTech Cross-Border Payments 101

Payments Source

NOVEMBER 23, 2020

HSBC for the first time is offering customers a way to send funds instantly across borders to other HSBC customers via a mobile device.

Cross-Border Payments 160

Cross-Border Payments Cross-Border Payments Real Time Payments 160

PYMNTS

OCTOBER 22, 2020

GE has recently sought to bring digital optimization to its back-office payments processes as well. A key part of this effort is cross-border payments, which are vital to keeping supply chains running smoothly and securely in the more than 100 countries in which GE operates.

Cross-Border Payments 98

Cross-Border Payments Cross-Border Real Time Payments Treasury 98

Payments Dive

MARCH 14, 2024

The federal real-time payments system may spool up slowly, but it could ultimately transform U.S. cross-border payments, ACI Worldwide's CEO predicted.

Cross-Border Payments 88

Cross-Border Payments Cross-Border FedNow Real Time Payments 88

Payments Source

SEPTEMBER 22, 2020

Speed stands at the forefront of any real-time payments deployment, but the real staying power in new payments innovation rides on the development philosophy of the platform itself.

Real Time Payments 177

Real Time Payments Payments Innovation Federal Reserve 177

Fintech Finance

JANUARY 11, 2024

Faster Payments Council (FPC) , a membership organization devoted to advancing safe, easy-to-use faster payments in the United States, today published its latest research report, titled The Practicalities of Cross-Border Payments in a Faster Payments World.

Cross-Border Payments 93

Cross-Border Payments Cross-Border Faster Payments ISO 20022 93

PYMNTS

SEPTEMBER 11, 2019

According to the new Simplifying Cross-Border Payments Playbook , there are five key criteria that an ideal cross-border payment solution should meet: speed, security, compliance, transparency and ubiquity. How Cross-Border Payments Are Made. So, what’s the problem? What’s Changing?

Cross-Border Payments 76

Cross-Border Payments Cross-Border ISO 20022 Real Time Payments 76

Payments Source

AUGUST 27, 2020

With consumers and merchants alike sharing the need to be paid faster, the case for adopting real-time payments globally has quickly advanced during the COVID-19 pandemic.

Real Time Payments 178

Real Time Payments Payments Consumer Federal Reserve 178

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.

Cross-Border Payments 97

Cross-Border Payments Cross-Border Blockchain Payments 97

Fintech Finance

OCTOBER 23, 2024

In addition, Emirates NBD is looking to serve as a participating bank for major foreign currencies, in a move that bolsters its client offerings to provide real-time payments. It underscores our belief in blockchain’s transformative potential for financial services, particularly in cross-border transactions.

Cross-Border 94

Cross-Border Cross-Border Payments Settlement Real Time Payments 94

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. Nium has been present in the region dating back to 2017.

Real Time Payments 98

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

PYMNTS

SEPTEMBER 19, 2018

PNC Treasury Management joined the Ripple cross-border payments network that uses blockchain to facilitate global transactions. Payments sent from across borders can be received in real time via RippleNet , the firms noted, providing a boost to corporate payees’ cash flows.

Cross-Border Payments 77

Cross-Border Payments Cross-Border Treasury Treasury Management 77

Fintech Finance

NOVEMBER 26, 2024

Businesses can manage their transactions through a simplified, streamlined and flexible payments service delivered through a single platform, and access a comprehensive suite of HSBC services which provide the core capabilities they require to grow internationally – a current account, domestic and cross border payment capability and HSBCnet.

Transactions 98

Transactions Cross-Border Payments Cross-Border Real Time Payments 98

PYMNTS

SEPTEMBER 9, 2019

Each country has its own rules and regulations dictating how businesses can make and receive payments, as well as its own, unique financial infrastructure. Moving funds across borders means moving them in and out of these myriad systems. Legacy payment cannot meet all five of these requirements — but real-time payments solutions can.

Cross-Border Payments 69

Cross-Border Payments Cross-Border Real Time Payments Ubiquitous 69

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.

Real Time Payments 95

Real Time Payments SWIFT Payment Networks Cross-Border Payments 95