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.

Cross-Border Payments 52

Cross-Border Payments Cross-Border Multi-Currency Stablecoins 52

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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Cross-Border Multi-Currency Risk Management Global Payments 97

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 121

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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Cross-Border Payments Cross-Border Multi-Currency Payments 107

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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Cross-Border Payments Cross-Border Visa Multi-Currency 58

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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Cross-Border Transactions Cross-Border Payments Stablecoins 97

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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Cross-Border Payments Cross-Border Multi-Currency FinTech 59

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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Cross-Border Payments Cross-Border B2B Due Diligence 67

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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Cross-Border Payments Cross-Border Facilitators Multi-Currency 97

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

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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Cross-Border Payments Cross-Border Multi-Currency Payments 64

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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Cross-Border Cross-Border Payments Multi-Currency Payment Service Provider (PSP) 52

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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Cross-Border Payments Cross-Border Technology Multi-Currency 98

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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Cross-Border Transactions Accounts Multi-Currency 58

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.

Cross-Border Payments 97

Cross-Border Payments Visa Cross-Border Multi-Currency 97

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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Cross-Border Transactions Multi-Currency Payee 52

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.

Cross-Border Payments 52

Cross-Border Payments Cross-Border Multi-Currency Payroll 52

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.

Cross-Border Payments 58

Cross-Border Payments Cross-Border Multi-Currency APACS 58

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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CBDC Cross-Border Payments Transactions Cross-Border 126

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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Multi-Currency Cross-Border Cross-Border Payments Reconciliation 98

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.

Multi-Currency 52

Multi-Currency Cross-Border Business Payments FinTech 52

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.

Cross-Border Payments 52

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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Multi-Currency Cross-Border Payments Cross-Border Funds Transfer 102

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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Liquidity Management Treasury Multi-Currency Cross-Border Payments 98

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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Cross-Border Payments Cross-Border Stablecoins Multi-Currency 68

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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Settlement Blockchain Cross-Border Treasury 99

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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Multi-Currency Cross-Border Payments Accounts Cross-Border 36

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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Cross-Border Multi-Currency Payment APIs and Integration Cross-Border Payments 96

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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Cross-Border Payments Cross-Border AI Payroll 52

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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Multi-Currency Cross-Border APACS Financial Inclusion 90

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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Credential Cross-Border Multi-Currency Online and Mobile Banking 96

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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Cross-Border B2B Innovation Payments 95

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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Cross-Border Cross-Border Payments Multi-Currency Security 60

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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Multi-Currency Cross-Border Payments Bank Identification Code Cross-Border 108

Fintech News

OCTOBER 28, 2024

The Monetary Authority of Singapore (MAS) has unveiled the finalists for the 2024 Global Fintech Hackcelerator. The winners of the competition will be announced on 7 November 2024 during the SFF Fintech Excellence Awards. Here Are the 18 Finalists for Global Fintech Hackcelerator 2024 1. Heymax.AI (Singapore) Heymax.ai

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FinTech Financial Literacy Cross-Border Distributed Ledger Technology (DLT) 110