Clearly Payments

NOVEMBER 19, 2023

In a time defined by globalization, businesses often look to cross international borders for expansion. One pivotal tool that facilitates this global reach is the international merchant account.

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Cross-Border Cross-Border Payments Accounts Multi-Currency 52

PYMNTS

DECEMBER 1, 2020

The world doesn’t lack for stories about cross-border payments gone wrong. In some examples, by the time the money went through all the byzantine steps that have historically made up the cross-border payments process, only about $4 worth of spendable value actually arrived. COVID-19’s Big Push .

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PYMNTS

OCTOBER 21, 2020

DBS Bank has launched a real-time online tracking feature for cross-border collections, a press release says, which will give better digital services for corporate clients. DBS also plans to offer cross-border support in China, India, Indonesia, Taiwan and Vietnam as well in the next few months, the release says.

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Cross-Border Cross-Border Payments SWIFT International Payments 72

PYMNTS

NOVEMBER 24, 2019

International payments and money transfer service CurrencyFair has announced Friday (Nov. 22) the launch of its new cross-border collections solution for marketplaces, according to a press release. million global buyers and an average annual purchasing demand of $500 billion.

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Cross-Border Cross-Border Payments NOV Global Payments 67

Fintech Finance

MAY 28, 2024

The global fintech saw its top line for 2023/24 hit £41m, up from £33m the previous year, while profits increased from £5.8m IFX Payments’ performance comes against a backdrop of a large growth in international payments and a surge in demand for solutions to manage them, such as its flagship ibanq platform.

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International Payments Payment Solutions Multi-Currency Cross-Border 52

PYMNTS

FEBRUARY 20, 2018

Individual jurisdictions around the globe are pressing for both faster and more efficient cross-border payments. China’s central bank, for instance, took steps last month to boost the efficiency of cross-border transactions involving Chinese parties by lengthening its clearing window time span. In the U.S.,

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Cross-Border Payments Cross-Border International Payments Electronic Funds Transfer (EFT) 43

PYMNTS

APRIL 3, 2019

It may seem that cross-border payments were in the … well … crosshairs this past week, with a number of country-by-country and company-by-company initiatives using blockchain and other methods to speed payments and lower fees. These shortcomings make the cross-border payment industry ripe for disruption and innovation.

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Cross-Border Payments Cross-Border Blockchain Distributed Ledger Technology (DLT) 92

PYMNTS

MAY 14, 2020

To bolster global payments for businesses throughout the world, EMQ launched its new enterprise payment technology with same-day settlement functions in local currencies throughout eight countries. Last May, news surfaced that Shanghai Commercial Bank (SCB) was working with EMQ to bolster cross-border money transfers.

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PYMNTS

DECEMBER 22, 2020

In the latest edition of the Global B2B Payments Playbook , PYMNTS analyzes how the pandemic is affecting the O2C processes of businesses everywhere, especially those making cross-border transactions. It also examines what tools companies can tap to make these payments swiftly and securely. About The Playbook.

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PYMNTS

MARCH 21, 2019

SWIFT announced Thursday (March 21) that six Spanish banks, representing 85 percent of the cross-border payments market in Spain, have adopted SWIFT global payments innovation or gpi. SWIFT gpi enables banks to conduct end-to-end tracking of the cross-border payment.

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Cross-Border Payments Cross-Border SWIFT Payments 66

PYMNTS

OCTOBER 11, 2016

More than ever before, international commerce has been brought within reach of smaller businesses, and they are more than ready for the opportunity. Though cross-border trade is a desirable opportunity, it requires businesses to face currency exchange risks and complexities in dealing with different banking systems.

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Cross-Border Payments Cross-Border Risk International Payments 75

PYMNTS

SEPTEMBER 11, 2019

Enterprise software provider R3 is teaming up with Mastercard to establish a blockchain solution for cross-border payments, the companies said in a press release on Wednesday (Sept. The new operation combines R3 ’s blockchain expertise with Mastercard’s existing payment assets and distribution. “We Rutter, CEO of R3.

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Cross-Border Payments Cross-Border Visa Blockchain 51

PYMNTS

OCTOBER 11, 2018

Earthport , a global payments company, announced Thursday it has been named by BNP Paribas to provide Automated Clearing House (ACH) cross-border payment services. With the partnership, BNP Paribas will gain access to Earthport’s payments network, offering lower costs and transparent international payments. “

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Cross-Border Payments Cross-Border ACH Payment Networks 75

PYMNTS

OCTOBER 28, 2019

Cross-border payments firm Western Union has rolled out full application programming interface (API) access to domestic and global payment applications, the company said in a press release on Monday (Oct. Domestic and cross-border payments are supported in over 130 currencies.

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Fintech News

JULY 15, 2024

The Surge in Cross-Border Transactions The report also unveiled a significant increase in cross-border transactions. This trend reflects the global nature of the travel industry, where businesses often interact with partners and suppliers from various countries.

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Cross-Border Payments Fraud Detection Payment Solutions 106

PYMNTS

JUNE 4, 2019

Visa and Currencycloud, an enterprise-class payments platform, announced on Tuesday (June 4) a partnership to drive more innovation in cross-border and travel payments. It will account for more than a fifth of the global eCommerce market.

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Cross-Border Multi-Currency Cross-Border Payments Payments 55

Clearly Payments

OCTOBER 7, 2024

As the subscription model becomes increasingly prevalent across industries, payment processors are focused on enhancing the flexibility and reliability of their recurring payment solutions, ensuring they can meet the evolving needs of businesses and consumers alike.

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Cross-Border Processors Multi-Currency Contactless Payments 94

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.

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PYMNTS

SEPTEMBER 30, 2019

(JCBI) have unveiled a partnership that provides international students with a new way to make cross-border tuition payments. Ryan Frere, vice president of global payments for Flywire, said in the announcement, “We are always pursuing new payment options for our client schools to offer students and their families.”

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Cross-Border Payments Payer Reconciliation 59

PYMNTS

JANUARY 29, 2018

Money that crosses borders usually has an arduous trek. Consider the fact that payment that originates in one country does so in the “home” currency but gets settled in another currency once received. Along the way, there are foreign exchange fees, documents to manage and sundry regulations to navigate.

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PYMNTS

MARCH 20, 2018

Flywire, a provider of global payment and receivables solutions for education, healthcare, and business, announced Tuesday (March 20) that it has inked a new deal with Flutterwave, a payments API that makes it easier for banks and businesses to process payments across Africa. during the 2016-2017 school year.

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Cross-Border Payments Cross-Border Payment APIs and Integration Payments 51

PYMNTS

JUNE 29, 2018

If entranced by bitcoin’s ebbs and flows, one would be forgiven for being caught off guard (if they are, in fact, off guard) to find that a major bank is coming to market with a service backed by blockchain, which now is live and available — and can help make sure that funds cross borders with speed and surety.

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PYMNTS

AUGUST 23, 2018

The news amid the cross-border arena – which you can view here – is that Ripple’s cross-border payments offering, known as xRapid, has been busy forging partnerships to help usher in greater acceptance of such activity, and to foster a “healthy ecosystem” of partners that will switch currencies into XRP and then back again.

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Cross-Border Payments Cross-Border Digital Currency Payments 40

Fintech Finance

JULY 3, 2024

Network International (Network) , the leading enabler of digital commerce across the Middle East and Africa (MEA) region, in partnership with NPCI International Payments Ltd. NIPL), has enabled the acceptance of QR code-based Unified Payments Interface (UPI) payments across Network’s point-of-sale (POS) terminals in the UAE.

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Point-of-Sale (POS) Cross-Border Payments Cross-Border International Payments 98

PYMNTS

OCTOBER 11, 2018

Earthport, a global payments company, announced Thursday it has been named by BNP Paribas to provide Automated Clearing House (ACH) cross-border payment services. With the partnership, BNP Paribas will gain access to Earthport’s payments network, offering lower costs and transparent international payments. “

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Cross-Border Payments Cross-Border ACH International Payments 43

Fintech Finance

JUNE 5, 2024

iPiD (International Payment Identity), a pioneer in global fintech, announced it has secured USD 5.3 They are joined by global fintech venture funds QED Investors and Quona Capital, alongside existing partners Jungle Ventures, 1982 Ventures, Saison Capital and Resolution Ventures.

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PYMNTS

DECEMBER 12, 2017

11) that its WorldLink Payment Services has added 10 new countries with which it can facilitate cross-border payments; the markets are across the EMEA (Europe, Middle East and Africa) region, said Citi. “We The expansion means corporate customers of Citi can send ACH payments into these 10 new markets.

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Cross-Border ACH Treasury Payment APIs and Integration 40

PYMNTS

NOVEMBER 17, 2020

Cambridge Global Payments , a FLEETCOR firm, and Beanworks Solutions are continuing their collaboration to bring together solutions and offer a full accounts payable (AP) offering to clients, which can streamline their payable workflow spanning between buying and payment for firms that have international business, according to a Tuesday (Nov.

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Continuity Wire Transfer Cross-Border Payments 84

The Fintech Times

FEBRUARY 23, 2024

Ebury , the fintech specialising in transactions for SMEs, has expanded its partnership with Nium , the real-time global payments company, to deliver a new global remittance service in Brazil. ” Forecasts suggest that Brazil’s digital payments market could grow to a total transaction value of $170billion in 2024.

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PYMNTS

AUGUST 15, 2018

Ripple is eyeing the Chinese market, aiming to use blockchain technology to quicken cross-border payments. In late June, Spanish bank Banco Santander said that it is linking with Ripple to offer the first mobile service focused on payments rendered across borders. can send euros to 21 countries.

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Cross-Border Payments Cross-Border Payments Blockchain 40

PYMNTS

SEPTEMBER 20, 2020

The expansion and teaming with Western Union Business Solutions will help it reach Western Union's global payments network, which spans 200 countries and territories in over 130 currencies worldwide, the release stated. Currently, the Isabel 6 platform serves 70,000 professional clients.

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PYMNTS

MARCH 17, 2016

The company, which uses a hybrid of blockchain technology and other payment rail infrastructure to enable cross-border payments, said it will look to capitalize on the demand spike for global payment services during the Olympic games, where hundreds of thousands of people will flock from all over the globe.

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Cross-Border Payments Cross-Border Blockchain Payments 40

PYMNTS

DECEMBER 28, 2020

Digital currencies could render the SWIFT global payments network unnecessary, RT.com reported, citing the Central Bank of Russia (CBR). SWIFT currently expedites cross-border payments for 11,000 banks across more than 200 countries. dollar and could make digital payments more affordable.

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PYMNTS

MAY 16, 2018

Challenger bank Cashplus , which provides business accounts and financial services, has announced a collaboration with cross-border payments firm Currencycloud in a bid to help small businesses go global. A report published in 2016 from cross-border payments company Covercy found small businesses in the U.K.

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Global Payments Cross-Border Payments Cross-Border Small Business 40

PYMNTS

MAY 11, 2020

To help streamline global payments with artificial intelligence (AI), digital payment platform Payoneer has unveiled a partnership with banking and admin app ANNA. Business is global and many of our customers work internationally. firms of all sizes send payments to contractors and vendors through borders.

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PYMNTS

MARCH 1, 2018

Commercial payments provider FLEETCOR Technologies, Inc. announced news on Thursday (March 1) that it has entered a pilot program with enterprise blockchain solution firm Ripple and Cambridge Global Payments , the international payments provider focused on B2B and owned by FLEETCOR.

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PYMNTS

NOVEMBER 4, 2020

From concept to pilot to corporate payment game changer. Morgan ’s Onyx , told Karen Webster that peer-to-peer (P2P) private blockchain networks can help streamline information flows tied to cross-border payments and remove the complexities tied to legacy systems. Umar Farooq , CEO of J.P. Liink, J.P.

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