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.

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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.

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Fintech Finance

SEPTEMBER 23, 2024

Airwallex , a leading global payments and financial platform for modern businesses, today revealed how its global financial technology has improved McLaren Racing’s financial operations throughout the 2024 Formula 1 season. For payout transactions, 90% arrive within hours, and 65% arrive instantly. “At

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Fintech News

FEBRUARY 5, 2024

Airwallex, a global payments and financial platform, has formed a multi-year collaboration with the McLaren Formula 1 team. The collaboration will see McLaren utilising Airwallex’s services to improve its supply chain payments across the Formula 1 Grands Prix circuit. billion annually.

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Global Payments Multi-Currency Cross-Border Treasury Management 101

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. Global Payment Processing: International merchant accounts leverage a network of processors to handle transactions globally.

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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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The Fintech Times

FEBRUARY 19, 2024

When you think about financial technology, it is easy to think about solutions which are making payments faster, easier and more accessible. Having discussed the myths , hype and usage of buy now pay later (BNPL), we now turn our focus to cross-border payments.

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PYMNTS

MARCH 18, 2020

Cloud-based company Gravity Software has launched a new program to ensure businesses have the right tools to deal with multi-currency needs, according to a press release. of the Gravity application has added multi-currency management, enhanced multi-entity reporting and other features. The release of Version 5.1

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Fintech Finance

AUGUST 9, 2024

MultiPass , a global payment solution that provides modern financial products for businesses trading globally, has obtained a financial services licence in the UAE, regulated by the Dubai Financial Services Authority (DFSA). We look forward to contributing to the dynamic economic landscape of the UAE and the Middle East.”

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Fintech Finance

FEBRUARY 5, 2024

Airwallex , a leading global payments and financial platform for modern businesses, today announced a multi-year partnership with the McLaren Formula 1 team , one of the sport’s most iconic brands. A truly global sporting event with races held in 24 cities, Formula 1’s multi-market reach and impact are unrivalled.

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Multi-Currency Global Payments Treasury Management Cross-Border 59

The Paypers

OCTOBER 30, 2024

Global payments and financial platform for businesses Airwallex has teamed up with Viably to offer multi-currency accounts and cross-border transactions for ecommerce enterprises.

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Clearly Payments

OCTOBER 30, 2024

As Canadian businesses look to expand internationally, one crucial component of successful growth is handling cross-border payments smoothly and efficiently. Many payment processors offer international capabilities, but it’s important to select one that aligns with your target markets.

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Fintech Finance

SEPTEMBER 10, 2024

AbbeyCros s, the platform focused on improving connectivity and access in global FX payments announced today that Wise Platform , Wise’s global payments infrastructure for banks and global enterprises, has joined the ABX Platform as its newest payment partner.

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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. Here’s a topic for debate. However, it’s hard to believe Visa and its partner TransferWise would take the opposite side of the debate.

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Finovate

NOVEMBER 7, 2024

Through the partnership, banks can use Partior’s network to access Nium’s global payments infrastructure without needing additional API integration, offering seamless real-time transactions. Global payments platform Nium announced today that it has partnered with blockchain-based fintech for clearing and settlement Partior.

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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. ” Tackling B2B payments on a global scale calls for collaboration, McCarthy explained. More Hurdles Ahead.

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PYMNTS

JULY 15, 2020

Although cross-border expansion can be a major business growth opportunity for U.S. The global market has historically revolved around the U.S. corporates fit in the global landscape has led to businesses large and small becoming eager embracers of cross-border trade. and, therefore, the U.S.

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PYMNTS

DECEMBER 4, 2018

Lithuania payments company SatchelPay is adding multi-currency cross-border payments functionality through a new partnership with multi-currency IBAN account provider ONPEX (the Online Payment Exchange).

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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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Fintech Finance

JULY 9, 2024

New research has revealed 66 percent of travel companies are seeing their profit margins impacted by outdated or complicated payment systems, with nine in 10 expected to prioritise modernising their financial operations this year.

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PYMNTS

MARCH 29, 2019

Russia-based electronic payments company Yandex.Money is rolling out new multi-currency services with an eye on freelancers. In a press release issued Thursday (March 28), the company announced the launch of accounts and cards that support payments and transactions in multiple currencies, including U.S.

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PYMNTS

SEPTEMBER 24, 2018

based Volopa has unveiled contactless multi-currency prepaid cards and India- based Obopay purchased mobile app company Mubble. Western Union Business Solutions and Mexico’s Banco Monex are teaming up to expand their alliance globally, the companies said in an announcement. In addition, U.K. In the U.K.

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PYMNTS

MARCH 14, 2019

For corporate treasurers, Manish Kohli, global head of payments and receivables at Citi , told PYMNTS’ Karen Webster, three concerns tend to top the list: geopolitical uncertainty, cyber threats and disruption resulting from the emergence of new business models in an interconnected global market.

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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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Finovate

AUGUST 12, 2024

Digital payment solutions company Thredd announced a partnership with global payments company LianLian Global to help the Singapore-based company launch its virtual card program in the APAC market. Luxembourg, Thailand, and Indonesia.

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The Fintech Times

DECEMBER 31, 2023

.” Keeping it simple Alex Berrai, deputy CEO, emerchantpay The main payment trends in 2024 will evolve around simplification, according to Alex Berrai, deputy CEO at global payment service provider emerchantpay. Simplifying the payment process to make it more mobile-friendly is an ongoing trend that will carry into 2025.

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The Fintech Times

JUNE 6, 2024

This project aims to create a multi-central bank digital currency (CBDC) platform for instant cross-border payments and settlements, leveraging distributed ledger technology (DLT). The platform now invites further international participation and private sector proposals for value-added solutions.

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PYMNTS

NOVEMBER 9, 2016

We don’t talk about sending emails cross-border, even though that is what we are all doing when we send emails to our pals in India or Turkey or the U.K. But when it comes to the movement of money, both senders and receivers are often met with complexities and costs that only increase as those payments move across borders.

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PYMNTS

FEBRUARY 15, 2018

A culinary luxury is facing increased demand in new, farther-flung markets, creating the need for efficiency and flexibility in cross-border receivables infrastructure. Worldwide happenings in the X-Border space. Dutch bank ABM AMRO recently launched Franx, a new cross-border payments platform.

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The Fintech Times

FEBRUARY 5, 2024

Airwallex , the global payments and financial platform, has entered a multi-year partnership with the McLaren Formula 1 team, which will see it support McLaren’s global financial operations through its treasury management and cross-border pay-outs and settlement product suite.

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PYMNTS

AUGUST 21, 2020

There are signs that the wheels are beginning to churn once again, however, and though not every industry will recover at the same pace, there is evidence that global trade is once again on the rise. Yet as cross border trade picks back up, the foreign exchange and global payments needs of businesses will intensify.

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PYMNTS

SEPTEMBER 20, 2020

The business division of Western Union will work with Isabel Group , a Belgian company providing multi-bank services through its B2B network Isabel 6, to grow connectivity in Belgium, according to a press release. Currently, the Isabel 6 platform serves 70,000 professional clients.

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Clearly Payments

SEPTEMBER 13, 2024

Payment orchestrators streamline the process of routing transactions to the most appropriate payment providers based on various factors such as cost, success rates, currency, and geographical location. This integration helps businesses expand globally by supporting local payment methods. during the forecast period.

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The Fintech Times

DECEMBER 21, 2023

The payments industry is undergoing a profound transformation, driven by technological advancements and shifting market dynamics. With real-time global payment networks spanning hundreds of currencies and numerous countries, the sector is poised for significant changes. Forrester’s Jacob Morgan and I agree on this one.

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PYMNTS

MARCH 10, 2020

Australian cross-border FinTech unicorn Airwallex is integrating with New Zealand’s cloud-based accounting platform Xero , Airwallex announced Tuesday (March 10). The collaboration is aimed at assisting Airwallex’s small- to medium-sized business (SMB) customers to easily handle local and global payments.

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PYMNTS

FEBRUARY 19, 2019

We believe that, five years down the road, this is what is going to happen in FinTech,” through a flexible and multi-faceted platform geared toward helping companies — small and large — offer services across geographies. Rapyd said the newly acquired funding will also be used to expand its offerings for local and cross-border payments.

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The Fintech Times

OCTOBER 29, 2024

Partnerships Tribe Payments, the digital payments and infrastructure orchestrator specialising in issuer and acquirer processing, is chosen by global payment and digital financial infrastructure platform PhotonPay to provide its issuer processing services.

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