Remove Cross-Border Remove Funds Transfer Remove Near Real-Time
article thumbnail

NymCard Leverages Mastercard Move to Offer Fast and Efficient Cross-Border Payments Across 47 Countries

Fintech Finance

NymCard , a leading Banking-as-a-Service (BaaS) provider, has joined forces with Mastercard to offer fast global money transfers to its customers from the UAE to 47 countries through one secure connection. Meanwhile, 36% are likely to receive more cross-border payments, driving the demand for robust international money transfer solutions.

article thumbnail

Empowering Financial Institutions: An Interview with the CEO of Almond FinTech

Fintech Review

In this exclusive Fintech Review interview, Adam Swartzbaugh, CEO of Almond FinTech , discusses transformative cross-border payment technology. Almond’s blockchain-driven Settlement Optimization Engine (SOE) addresses critical speed, transparency, and cost challenges in cross-border payments. Let’s dive in.

article thumbnail

Mastercard Partnership with Alipay Offers Faster, Secure Remittances to China

Fintech News

Payment giant Mastercard has announced a new partnership with Ant Group’s digital open platform Alipa y to expand its cross-border payment services to facilitate quicker and more secure money transfers to China. As global economic activities continue to recover, demand for cross-border payments will only increase.

Visa 107
article thumbnail

NymCard Leverages Mastercard Move to Sustainably Scale BaaS Platform for UAE Customers

The Fintech Times

NymCard , a Dubai-based Banking-as-a-Service (BaaS) provider, has joined forces with Mastercard to offer fast global money transfers to its customers from the UAE to 47 countries. According to the Borderless Payments Report 2023 by Mastercard, 48 per cent of people in the UAE expect to send cross-border payments more frequently.

Visa 64
article thumbnail

Mastercard Enables Convenient and Secure International Remittances to Alipay Wallet

Fintech Finance

Mastercard continues to expand its cross-border payment solutions with a new connection to Alipay , China’s leading digital open platform under Ant Group. Insights from Mastercard’s Borderless Payments Report reveal that 68% of consumers would make more online cross-border payments if they were faster.

article thumbnail

Deep Dive: Cross-Border Payments Interoperability

PYMNTS

The world is becoming more interconnected, boosting demand for fast and low-cost services that enable cross-border transactions. Examples of scheme interoperability include checks, electronic funds transfers (EFT) and open-loop debit and credit card systems.

article thumbnail

Mastercard and Leading Canadian Fintech VoPay Enter Strategic Partnership to Aid Money Movement for Canadians with Mastercard Move

Fintech Finance

Responding to the ever-growing need to move money seamlessly, Mastercard and VoPay today announced a strategic partnership that will offer choice, simplicity and efficiency for near-real-time money movement in Canada and internationally for businesses and consumers.

Visa 92