This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Oracle Banking Payments announced Wednesday (Oct. 7) that it is supporting SWIFT ’s latest service to speed effortless globalcross-borderpayments for small- and medium-sized business (SMBs) and consumer markets. “We Oracle’s solutions have been SWIFT-compatible for more than a decade.
Cambridge GlobalPayments , a FLEETCOR company working on cross-borderpayments, has partnered with enterprise blockchain solution Ripple on a cross-borderpaymentsolution for B2B customers, according to a press release. This isn't Ripple's first foray into cross-borderpayments.
Mesta , a fintech platform reshaping globalpayment networks with hybrid fiat and stablecoin payment rails, unveiled its cross-borderpayment platform. It combines real-time fiat payment rails with blockchain-powered stablecoin rails, addressing inefficiencies in globalpayments and trade.
This burgeoning sector, characterised by its complexity and diversity, demands paymentsolutions that are efficient and adaptable to the nuanced dynamics of cross-border trade. Amidst the APAC region’s rapid economic ascent and the explosion of digital commerce, cross-borderpayment practices have noticed an evolution.
Vietnam Maritime Commercial Joint Stock Bank (HoSE: MSB) has signed a strategic cooperation agreement with TerraPay , a global money movement company. According to forecasts from the Bank of England, the cross-borderpayment market is expected to grow by over USD 100 trillion in the next decade, reaching over USD 250 trillion by 2027.
D24 , a premier paymentssolutions provider, enabling companies to access over 27 countries via alternative payment methods (APMS) and single API card processing, today announces a strategic partnership with Yuno , the leading globalpayments orchestration platform.
OwlTing Group (“Company”), a global blockchain fintech company, today announced plans to implement Visa Direct solutions under a global agreement with Visa, a world leader in digital payments to provide real-time cross-borderpayments for individual and business customers.
Corpay, Inc.* , (NYSE: CPAY), a global leader in corporate payments, is pleased to announce the latest expansion of its Cross-Border business with the establishment of a new office in Auckland, New Zealand. link] ; a full listing of the companies that are part of Corpay Cross-Border is available here: [link].
Banking Circle , a fully licensed next generation bank with central bank access, has entered a strategic partnership with Skydo, India’s leading cross-borderpayments platform for Micro, Small and Medium sized Enterprises (MSMEs) and freelancers.
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 globalpayments network.
Thunes, a globalpayments company, has launched a new Pay-to-Card solution that allows its members to send real-time payments to 15 billion Mastercard, Visa, and UnionPay cards worldwide. said Floris de Kort, CEO of Thunes. said Chloe Mayenobe, President and COO of Thunes.
Globalpayments company Nium has announced a new partnership with Artajasa, a prominent Indonesian payment infrastructure provider. Featured image credit: Edited from Freepik The post Nium Partners with Artajasa to Enhance Cross-BorderPayments in Indonesia appeared first on Fintech Singapore.
Nuvei Corporation (“Nuvei” or the “Company”), the Canadian fintech company, has announces the launch of an innovative blockchain-based paymentsolution for merchants across Latin America (LATAM). The post Nuvei Launches Comprehensive Blockchain PaymentSolution appeared first on FF News | Fintech Finance.
Morgan Stanley has partnered with Wise Platform to enhance its cross-borderpayment capabilities for corporate and institutional clients. Wise Platform, the globalpayments infrastructure for banks, enables financial institutions to offer international payments using Wises network.
Cross-borderpayment 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-borderpayment specialist.
According to the new Simplifying Cross-BorderPayments Playbook , there are five key criteria that an ideal cross-borderpaymentsolution should meet: speed, security, compliance, transparency and ubiquity. How Cross-BorderPayments Are Made. So, what’s the problem?
FXC Intelligence, a data platform specializing in the cross-borderpayment and e-commerce sectors, has released its annual selection of the world’s top cross-borderpayment companies, recognizing the leading publicly traded companies, startups and private companies operating in the space worldwide.
Though cross-border trade is a desirable opportunity, it requires businesses to face currency exchange risks and complexities in dealing with different banking systems. The Real Payment Opportunity. But the greater weight placed on globalpayments does not come without its complications.
Airwallex , a leading globalpayments and financial platform for modern businesses, saw robust customer growth in Hong Kong, with its transacting customer base increasing by 79% YoY in the first quarter of 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.
In a press release , Alibaba said the partnership with Banking Circle showcases the effectiveness of Banking Circle being a provider of mission-critical infrastructure for online cross-borderpayments. “We It’s a cohesive solution – there’s no differentiation between local and cross-borderpayments.
TerraPay , a global leader in money movement, has chosen Thredd , a next-generation globalpayments platform, to power virtual card payments for global suppliers.
8) that it will acquire globalcross-border money transfer company Transfast, which works with both P2P and B2B payments. We believe Transfast gives us the strongest platform to immediately enhance our cross-border capabilities and further deliver on our strategy,” said Michael Miebach, Mastercard chief product officer.
Eastnets, a global compliance and paymentsolutions provider, has entered a strategic partnership with iPiD , a beneficiary name and bank account verification service. This collaboration aims to enhance payment security and efficiency for banks, corporations, and financial institutions on a global scale.
B2B payments company Payoneer is one of the latest firms to use this strategy. Earlier this month, the firm announced the rollout of its own API that allows software companies that target the SME space to integrate Payoneer’s cross-borderpayments capabilities. Galit stated.
Airwallex, a globalpayments 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.
Thunes , a global money movement innovator, today welcomes LianLian Global , a leading Chinese e-commerce cross-borderpayment service provider, to the Thunes Global Network. LGPS addresses the challenges of traditional cross-borderpayments, such as high costs, slow processing times and complex procedures.
Payments giant Mastercard has partnered with Kenyan mobile network operator Safaricom , to accelerate the adoption of payment acceptance and cross-border remittance services across Kenya. enabling them to serve customers across global markets. enabling them to serve customers across global markets.
. “Over the years, there has been a persistent clamour from consumers and businesses for quicker, digitised payment methods, intensified by the urgent need for safe, touchless payment options in response to the Covid-19 pandemic. As we enter 2024, the emergence of truly instant paymentsolutions feels almost inevitable.
Belgium-headquartered paymentssolution provider SWIFT is introducing a new service for real-time cross-borderpayments and transfers called gpi Instant. SWIFT will continue collaborating with financial institutions to advance cross-borderpayments worldwide. Globalpayments routed to the U.K.
Thunes , the Smart Superhighway to move money around the world, today announced the launch of its revolutionary QR Code Paymentssolution. As China promotes its visa-free travel policies initiative to boost international tourism, Thunes’ launch of the QR Code Paymentssolution is timely.
Mastercard launched Move Commercial Payments , a real-time cross-borderpaymentssolution that operates 24/7. The new commercial payments tool leverages a multi-rail system that includes SWIFT, Visa Direct, and Mastercard’s proprietary networks. with Lloyds Banking Group and UBS.
Safaricom and Mastercard have signed a partnership to accelerate the adoption of payment acceptance and cross-border remittance services in Kenya. Kenya’s payment acceptance market continues to grow, with mobile wallet payments driven by M-PESA showing a 12.7% CAGR between 2020 and 2024.
All of this has occurred as the company has continued to expand the pilot phase of its globalpayments innovation (gpi) initiative, thus far signing on dozens of major financial institutions to an effort aimed at streamlining cross-borderpayments. ” The FinTech boom is loud and growing louder.
dLocal , the leading cross-borderpayment platform specialising in high-growth markets, is proud to announce its strategic partnership with Ebury , a leading global fintech company. The collaboration aims to transform paymentsolutions, rapidly unlocking opportunities across Africa’s largest markets.
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-borderpayments.
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-borderPayments from Telegraph to API.
By combining ASLs comprehensive local processing and clearing capabilities and Banking Circles globalpaymentssolutions, Banking Circle aims to establish a unique proposition in the Australian market. Together, we can provide Australian and global clients with faster, more efficient, and more accessible payment services.
Swift has today announced two AI-based experiments in collaboration with its member banks, to explore how the technology could assist in combatting cross-borderpayments fraud and save the industry billions in fraud-related costs.
Together, the two companies aim to empower customers with a wider range of fast, secure and cost-effective cross-borderpaymentsolutions. We are thrilled to join forces with Worldwide Cash Express, extending access to our global network for their valued customers,” said Ram Sundaram Co-founder and COO of TerraPay.
Convera , a global leader in commercial payments, today introduced its embedded paymentssolution for the education industry through its new partnership with Ascent One , the world’s first ecosystem purposely built for the education sector.
A new report by globalpayments firm Airwallex and Skift Research reveals that 66 percent of travel companies worldwide are experiencing reduced profit margins due to outdated payment systems. However, 67 percent of executives find cross-borderpayments more complicated due to volatile exchange rates.
The jockeying for crossborder-payments continues, and SWIFT and Ripple continue to dominate the headlines. As noted, SWIFT has rolled out its gpi (short for globalpayments initiative). Ripple has xRapid, its cross-borderpaymentssolution.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content