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.

Cross-Border 95

Cross-Border B2B Innovation Payments 95

Bank Automation

AUGUST 13, 2024

NEW YORK — BNY is developing a cross-border instant payments solution to keep up with demand for real-time payments. There are 90 real-time payments networks across the globe, Carl Slabicki, co-head of global payments at BNY Treasury Services, said today at a roundtable hosted by the $30 billion financial institution.

Cross-Border 75

Cross-Border Instant Payments Payment Solutions Real Time Payments 75

PYMNTS

FEBRUARY 17, 2020

Commerce is increasingly crossing borders and currencies, digitally, affording firms of all sizes, and across all verticals, opportunities to tap into new markets. The challenges facing SMBs when it comes to cross-border transactions are significant – chief among them high transfer and conversion rates, Wong noted.

Cross-Border 92

Cross-Border API Cross-Border Payments Payments 92

Fintech News

OCTOBER 29, 2024

Global payments network Thunes has announced a collaboration with Circle , the issuer of regulated stablecoins USDC and EURC. This partnership aims to enhance stablecoin liquidity management in cross-border payments. said Jeremy Allaire, Co-founder and CEO of Circle.

Cross-Border Payments 83

Cross-Border Payments Cross-Border Stablecoins Facilitators 83

PYMNTS

SEPTEMBER 8, 2020

Thunes , the FinTech startup which operates a global cross-border payments network for emerging economies, announced Tuesday (Sept. The cash will be used to hire more staff and expand its product offering, including business payments and collections from emerging markets.

Cross-Border Payments 64

Cross-Border Payments Cross-Border Payment Networks B2B 64

Fintech Finance

NOVEMBER 12, 2024

CLOWD9 , a leading cloud-native, B-Corp certified issuer processor, is excited to announce its strategic agreement and certification with Discover® Global Network, a prominent global payments network.

Cross-Border 82

Cross-Border Agreements Cross-Border Payments Issuers 82

PYMNTS

JULY 1, 2019

The rise of the global economy and the demand for swift and secure cross-border payments is driving the development of more efficient infrastructures, and spurring financial institutions (FIs) to experiment with emerging tech. Canadian payments network Interac has experimented with blockchain for consumer payments.

Cross-Border Payments 84

Cross-Border Payments Cross-Border Blockchain SWIFT 84

Fintech News

DECEMBER 22, 2024

Cross-border payment firm XTransfer and OCBC Bank have announced a partnership to provide small and medium-sized enterprises (SMEs) with enhanced financial services for international trade. The collaboration focuses on payment processing, foreign exchange, risk management, and wealth management solutions tailored to SMEs.

Cross-Border Settlement 105

Cross-Border Settlement Cross-Border Multi-Currency Cross-Border Payments 105

PYMNTS

AUGUST 16, 2019

Cross-border payments are expected to surge over the next few years as the economy becomes increasingly global and interconnected. The latest Smarter Payments Tracker looks at the infrastructure developments that are making cross-border payment systems faster, more seamless and interoperable.

Cross-Border Payments 81

Cross-Border Payments Cross-Border ISO 20022 ISOs 81

Fintech Finance

JUNE 18, 2024

Instant cross-border payments processed by STET , one of the leading European clearing and settlement systems, (CSM) and ACI Worldwide (NASDAQ: ACIW), a global leader in mission-critical, real-time payments software, have reached a new record high.

Cross-Border 83

Cross-Border Cross-Border Payments Transactions Instant Payments 83

PYMNTS

JULY 31, 2019

According to the latest Smarter Payments Tracker , global payment usage is at an all-time high. So, why do cross-border payments present so many challenges? Mastercard has instead purchased cross-border transaction providers to expand its payments networks and offer similar solutions.

Cross-Border Payments 72

Cross-Border Payments Cross-Border Distributed Ledger Technology (DLT) Payments 72

Fintech News

MAY 7, 2024

FXC Intelligence, a data platform specializing in the cross-border payment and e-commerce sectors, has released its annual selection of the world’s top cross-border payment companies, recognizing the leading publicly traded companies, startups and private companies operating in the space worldwide.

Cross-Border Payments 79

Cross-Border Payments Cross-Border Payment APIs and Integration APACS 79

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. “

Cross-Border Payments 75

Cross-Border Payments Cross-Border ACH Payment Networks 75

PYMNTS

SEPTEMBER 11, 2019

According to the new Simplifying Cross-Border Payments Playbook , there are five key criteria that an ideal cross-border payment solution should meet: speed, security, compliance, transparency and ubiquity. How Cross-Border Payments Are Made. So, what’s the problem? What’s Changing?

Cross-Border Payments 76

Cross-Border Payments Cross-Border ISO 20022 Real Time Payments 76

PYMNTS

MARCH 17, 2020

In this week’s look at payment rails innovation, PYMNTS finds a slew of new markets around the world adopting entirely new payment networks that can support their demand for real-time transactions. UAE Taps Ripple For Global Payments. Qatar Embraces SWIFT gpi.

Instant Payments 98

Instant Payments Payment Networks Cross-Border Payments Cross-Border 98

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.

Cross-Border Payments 77

Cross-Border Payments Cross-Border Treasury Treasury Management 77

PYMNTS

JUNE 15, 2017

According to some recent reports, there are a trillion reasons for smaller merchants to get active in cross-border commerce. An estimated 94 million online shoppers are expected to spend $1 trillion on cross-border eCommerce by 2020. merchants from engaging in cross-border trade.

Cross-Border 70

Cross-Border Cross-Border Payments API Payments 70

PYMNTS

NOVEMBER 27, 2019

The global payments ecosystem’s path to faster and real-time payments ubiquity is an evolution, not a revolution. Among corporates, there is an increasing demand that their global payment activity is able to keep up with the pace of doing business. Progress in Tackling Cross-Border Payments Friction.

ISO 20022 117

ISO 20022 Cross-Border Payments ISOs Cross-Border 117

PYMNTS

SEPTEMBER 8, 2020

In today’s top news, B2B cross-border payments network Thunes raised $60 million, and Klarna debuted a redesigned app for its U.K. B2B Cross-Border Payments Network Thunes Raises $60M. Plus, Epic Games has again asked a California judge to reinstate Fortnite to Apple’s devices.

Cross-Border Payments 56

Cross-Border Payments Cross-Border Payment Networks Payments 56

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.

Global Payments 86

Global Payments Multi-Currency Cross-Border Treasury Management 86

CB Insights

JULY 26, 2021

Visa, a digital payment network, has acquired Currencycloud , a cloud-based solution for cross-border payments. Visa: California-based Visa is a global payments technology firm that enables digital currency transactions across 200 countries for governments, businesses, and banks. Want the full post?

Cross-Border Payments 68

Cross-Border Payments Cross-Border Acquirers FinTech 68

PYMNTS

JULY 18, 2019

And when it comes to cross-border transactions, that importance increases exponentially, simply by the nature of that activity. The good news, however, is that for the first time, simultaneous advances in authentication, validation and payments worldwide are changing the way cross-border transactions are happening.

Cross-Border 64

Cross-Border Transactions Technology Payment APIs and Integration 64

PYMNTS

JUNE 14, 2017

The June PYMNTS.com B2B API Tracker™ , a collaboration with FI.SPAN, looks at the various API solutions companies are developing to reduce the friction involved in cross-border trade. to exchange money between borders. to exchange money between borders. Taking X-border Payments from Telegraph to API.

Cross-Border 108

Cross-Border API Cross-Border Payments B2B 108

Fintech Finance

MAY 28, 2024

1 B2B Cross-Border Trade Payment Platform, is excited to announce a strategic partnership with TerraPay , a leading global money movement company. This partnership will be instrumental in boosting cross-border trade while significantly broadening the spectrum of payment methods available to SMEs.

Cross-Border Payments 52

Cross-Border Payments Cross-Border Payment Solutions Global Payments 52

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.

Central Bank 142

Central Bank SWIFT Digital Currency CBDC 142

Fintech Finance

AUGUST 6, 2024

Today, global payments enablement and software company, Flywire acquires Invoiced , a SaaS platform that enables B2B finance teams and the “Office of the CFO” to automate the critical order-to-cash process. We believe Invoiced is an ideal software complement to our existing B2B payments business.

Payment Networks 71

Payment Networks B2B Acquirers Accounts 71

PYMNTS

DECEMBER 10, 2019

Although cross-border B2B payments have progressed into an area of financial services in which both traditional and FinTech players are innovating, moving money across borders between businesses is a feat with no shortage of friction points. Cross-border B2B payment service providers today must multitask.

Cross-Border 52

Cross-Border B2B Cross-Border Payments Interoperability 52

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.

Cross-Border Payments 120

Cross-Border Payments Cross-Border Multi-Currency Payments 120

Payments Source

DECEMBER 18, 2018

The Global Payments Innovation service now moves 55 percent of Swift's cross-border transactions as it nears its second anniversary.

Cross-Border 60

Cross-Border Cross-Border Payments SWIFT Global Payments 60

PYMNTS

DECEMBER 3, 2019

And with the ability for even the smallest of businesses to step into an international market, and to both source and procure from business partners around the world, the expansion of cross-border B2B transaction volume is only slated to accelerate. However, he noted, global payments friction runs rampant.

Cross-Border 53

Cross-Border B2B Cross-Border Payments Blockchain 53

PYMNTS

APRIL 30, 2020

This week’s examination of the latest in payments rails innovation finds financial service providers innovating on top of existing rails to address the friction of ACH, checks and other bank transfer infrastructure. Most recently, Western Union announced an expansion of its real-time cross border money transfer capabilities.

Innovation 73

Innovation Global Payments Cross-Border ACH 73

Fintech Finance

JUNE 10, 2024

Together, the two companies aim to empower customers with a wider range of fast, secure and cost-effective cross-border payment solutions. This partnership reflects our shared vision of empowering businesses and consumers worldwide with innovative payment solutions.”

Cross-Border Payments 52

Cross-Border Payments Cross-Border Payment Solutions Payments 52

PYMNTS

NOVEMBER 23, 2020

In an announcement of completion of the deal, Visa said it will accelerate the global payments and credit card company’s “network of networks” strategy. Visa has wrapped up its acquisition of Latin American FinTech YellowPepper , the first deal of its kind by the financial giant in the region.

Payment APIs and Integration 133

Payment APIs and Integration Push-to-Card FinTech Cross-Border 133

Fintech Finance

JULY 10, 2024

Thunes , a global money movement innovator, today welcomes LianLian Global , a leading Chinese e-commerce cross-border payment service provider, to the Thunes Global Network. ” The post Thunes Powers LianLian Global’s New Payment Service appeared first on Fintech Finance.

Cross-Border Payments 75

Cross-Border Payments Cross-Border Payments Service Provider 75

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. For more information, visit us here.

Cross-Border Payments 52

Cross-Border Payments Cross-Border AI Payroll 52

Fintech Finance

FEBRUARY 22, 2024

Ebury , one of the world’s largest fintech companies specializing in transactions for SMEs, today announced its partnership expansion with Nium , the leader in real-time global payments, to deliver a groundbreaking global remittance service in Brazil.

Cross-Border Payments 52

Cross-Border Payments Cross-Border Payments APACS 52

PYMNTS

OCTOBER 6, 2016

When it comes to creating a seamless experience for cross-border transactions, especially for Global Citizens who are sending large amounts of money infrequently to institutions all over the world, it can be hard to know where to start. All of that leads to faster, less expensive payments.”. No One-Size-Fits-All.

Global Payments 73

Global Payments Payment APIs and Integration Cross-Border Payments 73