Finovate

NOVEMBER 5, 2024

Global bank Standard Chartered unveiled this week that it has teamed up with cross-border payments fintech Wise (formerly TransferWise). The bank has selected Wise Platform , Wise’s global payments infrastructure for banks, to power international payments for SC Remit , Standard Chartered’s cross-border payment service.

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Fintech News

NOVEMBER 20, 2024

Cross-border payment firm XTransfer is leveraging its success in China to fuel an ambitious global expansion plan. A focus on Southeast Asia Founded in 2017 and headquartered in Shanghai, XTransfer is a business-to-business (B2B) cross-border payment specialist. Today, 90% of our transactions are reviewed automatically.

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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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The Fintech Times

FEBRUARY 6, 2024

Here, he provides insights on cost-effective cross-border payment strategies for businesses. Sam Coyne, CEO, Currenxie Accelerating and reducing the cost of cross-border payments is a critical concern for any business operating in the international arena.

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Fintech Finance

AUGUST 6, 2024

The fintech startup okoora has made conducting cross-border business much more convenient and easier thanks to the launch of its new mobile app. The new okoora mobile app enables business users to conduct financial transactions in over 100 currencies across more than 150 countries while on the go.

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The Fintech Times

NOVEMBER 6, 2024

Businesses and consumers paying into and out of the Middle East and North Africa (MENA) region will benefit from faster, cheaper and more transparent cross-border payments through a public-private collaboration between Mastercard and the Arab Regional Payment System, Buna.

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Fintech Finance

AUGUST 21, 2024

Yellow Card , Africa’s leading stablecoin on/off ramp, has announced that it is integrating digital asset infrastructure provider Fireblocks to improve cross-border transactions for both businesses and individuals.

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Fintech Finance

JANUARY 17, 2024

Neo, the cross-border payments and FX fintech, has today announced that the firm is now profitable as an increasing number of SMEs explore alternatives to banks for managing their international business needs. This has prompted company treasurers to diversify their banking pools and look to fintech providers as an alternative.

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The Fintech Times

MARCH 6, 2024

The in-principle approval (IPA) for a major payment institution (MPI) licence means Currenycloud can offer customers based in Asia Pacific the ability to collect, convert, hold, send, and spend multiple currencies simultaneously across 180 countries and territories.

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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. A host of new currencies are scheduled to be switched on for Ripple customers later this year.

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Finextra

MAY 29, 2024

Currencycloud, experts simplifying business in a multi-currency world, and Pyvio (Hong Kong), the fintech building ‘Glocal’ financial services infrastructure, have announced a partnership offering efficient and cost-effective cross-border payment solutions for Chinese e-commerce businesses operating in emerging markets.

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Fintech Finance

JUNE 3, 2024

Nium , the global leader in real-time cross-border payments, today announced the expansion of its platform to serve the multi-trillion-dollar global marketplace opportunity. Different regions also bring their own unique economic context, which may dictate seller payment schedules, methods, cost and speed. With 33% of the $8.8

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Fintech Finance

SEPTEMBER 23, 2024

McLaren Racing now has the flexibility to pay each global vendor in their local currency while reducing transfer times. The post Airwallex’s Cross-Border Payments Technology Streamlines McLaren Racing’s Financial Operations appeared first on FF News | Fintech Finance.

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The Fintech Times

SEPTEMBER 10, 2024

The new Payment Accounts solution enables businesses to hold, convert and transact in multiple currencies, tackling challenges like high currency conversion costs as well as managing multiple accounts. As cross-border trade becomes more complex, businesses need payment solutions that are adaptable, secure, and scalable.

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Finovate

AUGUST 27, 2024

Financial services giant Visa and Revolut have teamed up to offer real-time cross-border transactions for Revolut’s business customers. Customers can use Visa Direct to send person-to-person payments, business payouts, and cross-border remittances. In July, the fintech earned its banking license from the U.K.

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Fintech Finance

JUNE 5, 2024

Remote , the leading global HR platform for distributed companies, has selected Nium , the global leader in real-time cross-border payments, to enhance its international payroll capabilities. As more businesses look at new markets to power growth, the ability to hire and scale across borders is rapidly becoming a key differentiator.

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Fintech Finance

NOVEMBER 6, 2024

Businesses and consumers paying into and out of the Middle East and North Africa (MENA) region will benefit from faster, cheaper and more transparent cross-border payments through a first-of-its-kind public-private collaboration between Mastercard and the Arab Regional Payment System, Buna.

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Cross-Border Payments Visa Cross-Border Multi-Currency 81

The Fintech Times

MAY 29, 2024

Looking to simplify this, Currencycloud , the company simplifying business in a multi-currency world, and Pyvio (Hong Kong), the fintech building ‘Glocal’ financial services infrastructure, have announced a new partnership. The impact of the partnership will especially be seen in emerging regions.

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The Fintech Times

SEPTEMBER 11, 2024

Central bank digital currencies (CBDCs) have a lot of potential to uproot the cross-border payments market. The cross-border payment was completed using the Central Bank of the UAE’s (CBUAE) mBridge platform and marks a significant step forward in the international payments market.

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Fintech Finance

MAY 29, 2024

Currencycloud , experts simplifying business in a multi-currency world, and Pyvio (Hong Kong), the fintech building ‘Glocal’ financial services infrastructure, have announced a partnership offering efficient and cost-effective cross-border payment solutions for Chinese e-commerce businesses operating in emerging markets.

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Cross-Border Payments Cross-Border Multi-Currency APACS 52

Fintech News

AUGUST 5, 2024

YouBiz, a multi-currency corporate card and spend management platform by YouTrip , has introduced a new Chinese Yuan Renminbi (CNY) remittance corridor. This move addresses the growing need for efficient and cost-effective cross-border transactions between Singapore and China.

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Finextra

AUGUST 6, 2024

The fintech startup okoora has made conducting cross-border business much more convenient and easier thanks to the launch of its new mobile app.

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Fintech Finance

AUGUST 14, 2024

Ant International will be able to use the digital form factor to achieve instant, multi-currency treasury and liquidity management on DBS’ permissioned blockchain for their entities across multiple markets. The solution is one of the industry applications tested under Project Guardian.

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Fintech Finance

OCTOBER 29, 2024

ClearBank , an enabler of real-time clearing and embedded banking, and Visa , a world leader in digital payments, today announced their intention to collaborate for Issuance and Money Movement solutions, enabling clients to process both local and cross-border transactions.

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The Fintech Times

FEBRUARY 19, 2024

Payments are arguably the face of fintech. Having discussed the myths , hype and usage of buy now pay later (BNPL), we now turn our focus to cross-border payments. To begin this focus, we first look at what businesses should prioritise when looking to offer cross-border solutions.

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The Paypers

OCTOBER 3, 2022

FinXP , a Malta-based fintech, has launched a multi-currency account service for businesses that regularly make or receive cross-border payments.

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Fintech Finance

MAY 1, 2024

Today, Borderless AI , a leading Employer of Record (EOR) services provider, announced its strategic partnership with Nium , the global leader in real-time, cross-border payments, aiming to revolutionize cross-border payments in the EOR industry.

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Fintech Finance

OCTOBER 4, 2024

The integration of Payoneer with Populii enables gig workers to effortlessly track payments and grants seamless access to multi-currency functionalities. Tech Mahindra’s collaboration with Payoneer streamlines secure and flexible cross-border transactions for all stakeholders involved.

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Fintech News

NOVEMBER 5, 2024

OCBC Bank and Ant International have announced a strategic partnership aimed at streamlining cross-border fund settlements using tokenised deposits and leveraging advanced encryption and AI. The collaboration will prioritise enabling real-time payments between Singapore and Malaysia, 24/7, via Ant International’s Whale platform.

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Fintech News

NOVEMBER 6, 2024

The agreement allows FOMO Pay to streamline USD payments by leveraging BNY’s direct clearing capabilities, global reach, and expertise to improve the speed and efficiency of cross-border transactions. The collaboration integrates BNY’s payment infrastructure with FOMO Pay’s offerings.

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Fintech News

JULY 14, 2024

Partior, a fintech known for its global unified ledger based interbank rails for real-time clearing and settlement, has announced the first close of an over US$60 million Series B funding round led by Peak XV Partners, with participation from Valor Capital Group and Jump Trading Group as new investors. Existing shareholders J.P.

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PYMNTS

JANUARY 28, 2021

Resolved: The highest priorities for banks and credit card companies in today’s payments landscape are cross-border payments, relationships with FinTechs and cloud-based technology. TransferWise has said that its multi-currency accounts allow consumers and businesses to hold and convert 55 currencies at real exchange rates.

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PYMNTS

MARCH 19, 2020

Tackling B2B payments friction is a journey, but when corporates take their transactions global, finding a remedy for cross-border B2B payments is a much more complicated process. FinTechs and banks continue to develop new solutions to address many of the biggest pain points of global business payments, from speed to foreign exchange.

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Fintech News

AUGUST 1, 2024

Aleta Planet, a Singapore-based fintech firm, has secured funding from Dubai’s National Pulse to enhance cross-border payment services for businesses in the Middle East. Al Ketbi said, “The innovative and transformative technologies of Aleta Planet are reshaping how cross-border transactions are managed.

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The Fintech Times

JANUARY 18, 2024

Cross-border payment and FX fintech firm Neo is celebrating profitability – as an increasing number of SMEs explore alternatives to banks to manage their international business needs. Neo has been able to help businesses through its multi-currency account.

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Fintech Finance

AUGUST 9, 2024

This milestone marks a significant step in the strategic expansion into the Middle East and will allow our clients to access local currency and payout. This expansion is in line with our vision to provide exceptional financial services and create value for our clients – international businesses with frequent cross-border payment flows.

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Fintech Finance

NOVEMBER 12, 2024

Making cross-border payments simple Liv, the UAE’s first and largest digital bank launched by Emirates NBD, is introducing a new way to flex, letting people access multiple currency accounts from a single card. Dollar, British Pound, Euro, Canadian Dollar and Australian Dollar.

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