Fintech News

NOVEMBER 4, 2024

Standard Chartered announced a new partnership with Wise Platform to improve speed and lower costs for its international payments service, SC Remit. Wise Platform’s infrastructure includes over 65 licences and six direct connections to domestic payment systems including the latest one with Philippines’ InstaPay.

International Payments 103

International Payments Cross-Border Payments Payment APIs and Integration Cross-Border 103

Fintech Finance

AUGUST 22, 2024

Through a new cross-border payments collaboration between Commonwealth Bank of Australia (CBA) and The Bank of New York Mellon ( BNY ), Australian businesses and individuals who receive international payments from BNY’s customers may now be paid in as little as 60 seconds1 regardless of who they bank with.

Cross-Border Payments 93

Cross-Border Payments Near Real-Time Cross-Border Settlement 93

Fintech Finance

OCTOBER 17, 2024

Swift today published new data which reveals continued progress towards meeting the G20’s goal for the speed of cross-border payments, reporting that 90% of cross-border payments made over the Swift network reach the destination bank within an hour.

Cross-Border Payments 93

Cross-Border Payments Cross-Border SWIFT ISO 20022 93

Fintech Finance

OCTOBER 28, 2024

PCBB and Finzly , two leading innovators in the financial payments industry, have formed a strategic partnership to deliver enhanced international payment services to Finzly’s customers. The post PCBB and Finzly Partnership Boosts International Payment Services appeared first on FF News | Fintech Finance.

International Payments 90

International Payments Cross-Border Payments Wire Transfer Cross-Border 90

Fintech Finance

OCTOBER 21, 2024

Over the past year Wise Platform , Wise’s global payments infrastructure for banks, financial institutions and larger enterprises, has further enhanced its product suite for partners and significantly expanded its global regulatory footprint.

Cross-Border 96

Cross-Border Global Payments Cross-Border Payments Multi-Currency 96

Fintech News

OCTOBER 22, 2024

Banking software provider Temenos has introduced a new service designed to make cross-border payments faster and more affordable. The Temenos Cross Border Payments Enterprise Service is available to banks, Payment Service Providers (PSPs), electronic money institutions (EMIs), and fintechs.

Cross-Border Payments 70

Cross-Border Payments Cross-Border Regulatory Compliance Payments 70

Finovate

NOVEMBER 5, 2024

Global bank Standard Chartered unveiled this week that it has teamed up with cross-border payments fintech Wise (formerly TransferWise). The bank has selected Wise Platform , Wise’s global payments infrastructure for banks, to power international payments for SC Remit , Standard Chartered’s cross-border payment service.

Cross-Border Payments 52

Cross-Border Payments Cross-Border Multi-Currency Stablecoins 52

Fintech Finance

JULY 12, 2024

Cross-border payments are becoming increasingly important to international economies. The G20 roadmap for enhanced cross-border payments aims to improve the speed, access, transparency, and cost of international payments by 2030.

Cross-Border 127

Cross-Border Real Time Payments Cross-Border Payments Cross-Border Settlement 127

Fintech Finance

APRIL 24, 2024

The replacement RTGS system, slated for readiness in August 2024, makes support for ISO 20022 a prerequisite for all international payments from the SWIFT deadline. The shift in cross border payments is the first step in what will become a broader adoption of the ISO 20022 standard in the payments environment as a whole.

ISO 20022 142

ISO 20022 Cross-Border Payments ISOs Cross-Border 142

The Paypers

NOVEMBER 5, 2024

Wise , a global technology company focused on cross-border money transfers, has partnered with Standard Chartered to support augmented international payments for the latter’s cross-border payment service.

International Payments 69

International Payments Cross-Border Payments Cross-Border Payments 69

Fintech News

JULY 16, 2024

Banking software provider Temenos and global payments leader Visa have announced a collaboration to simplify and streamline cross-border payments for banks and their customers. Visa Direct facilitates real-time cross-border and domestic payments, reaching billions of endpoints in over 190 markets and 160 currencies.

Cross-Border Payments 114

Cross-Border Payments Cross-Border Payment APIs and Integration Payments 114

Fintech News

JUNE 11, 2024

Licensed as a Major Payment Institution (MPI) by the Monetary Authority of Singapore (MAS), OPAL offers domestic and cross-border payments, payment accounts, and e-money services. Find out how Currencycloud can help you build your payments infrastructure by speaking to one of their experts today.

Cross-Border Payments 111

Cross-Border Payments Cross-Border Payment APIs and Integration Payments 111

Fintech Finance

SEPTEMBER 19, 2024

This collaboration will bring digital payment solutions and data capabilities to help MSB enhance efficiency and offer the best payment service experience to customers by bringing down costs and reducing transaction times. Along with the pace of digitization, the demand for real-time global payments is becoming increasingly urgent.

Cross-Border 94

Cross-Border Cross-Border Payments Agreements Global Payments 94

Fintech Finance

MARCH 20, 2024

Visa Cross-Border Solutions , a Visa (NYSE: V) division specialising in cross-border money movement, and LemFi , a leading international payments company, have signed a deal that significantly expands their existing partnership globally. We’re so excited to be on that journey with them”.

Cross-Border 98

Cross-Border Debit Card International Payments Facilitators 98

Fintech Finance

JULY 12, 2024

Datapro , a leading provider of core banking systems and digital solutions, recently collaborated with Mastercard to expand the integration of Mastercard Cross-Border Services, a solution within the Mastercard Move portfolio of money transfer solutions.

Cross-Border Payments 97

Cross-Border Payments Cross-Border Visa Payment APIs and Integration 97

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. Fraud Prevention and Security Cross-border transactions have higher fraud risks than domestic payments.

International Payments 79

International Payments Process Multi-Currency Cross-Border 79

Fintech News

JUNE 4, 2024

The integration of Mastercard Move into Temenos Payments Hub will enable Temenos customers to quickly adopt Mastercard’s cross-border capabilities and consolidate them with other payment systems on a single platform.

Cross-Border Payments 99

Cross-Border Payments Cross-Border Visa Payment APIs and Integration 99

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.

Cross-Border Payments 94

Cross-Border Payments Cross-Border Technology Multi-Currency 94

Finextra

MARCH 20, 2024

Visa Cross-Border Solutions, a Visa (NYSE: V) division specialising in cross-border money movement, and LemFi, a leading international payments company, have signed a deal that significantly expands their existing partnership globally.

Cross-Border 59

Cross-Border International Payments Payments 59

Fintech News

DECEMBER 10, 2023

The Reserve Bank of India (RBI) has initiated discussions with the Hong Kong Monetary Authority (HKMA) , the US Federal Reserve, and the international payment platform SWIFT to explore the use of central bank digital currencies (CBDCs) for cross-border payments.

Cross-Border Payments 119

Cross-Border Payments Cross-Border SWIFT Fed 119

Fintech Finance

JUNE 25, 2024

As part of its mission to connect and power an inclusive digital economy, Mastercard has signed a strategic agreement with urpay to offer urpay consumers across the Kingdom greater access to an advanced selection of cross-border payment solutions. The portfolio includes Mastercard Cross-Border Services and Mastercard Send.

Cross-Border Payments 78

Cross-Border Payments Cross-Border Visa Security 78

Fintech Finance

AUGUST 29, 2024

As cross-border payment demand reaches new heights, remittance companies continue to turn to the Trulioo global platform for its comprehensive analytics and localized digital verification workflows in 42 languages. We are proud to hold the trust of leading remittance brands in a rapidly expanding global industry.”

Cross-Border Payments 83

Cross-Border Payments Cross-Border Transactions Verification 83

Bank Automation

AUGUST 28, 2024

BNY has joined forces with Commonwealth Bank of Australian to provide its customers with near real-time payments for cross-border transactions. By working with CBA, BNY customers can make and receive payments in about 60 seconds, an Aug. 22 BNY release stated.

Near Real-Time 72

Near Real-Time Cross-Border Real Time Payments Transactions 72

Fintech Finance

SEPTEMBER 19, 2024

dLocal, the leading cross-border payment platform specializing in emerging markets, today announced a strategic partnership with MoneyGram, a leading global financial technology company that connects the world’s communities.

Cross-Border Payments 76

Cross-Border Payments International Payments Cross-Border APACS 76

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 97

Cross-Border Payments Cross-Border Payment APIs and Integration APACS 97

Fintech News

DECEMBER 11, 2023

Swift has announced the launch of its first-ever “The Innovation Challenges” that invites participants to create AI-based solutions aimed at improving the efficiency and security of cross-border transactions. Registration is now open until 15 January 2024. The competition is divided into two primary areas.

Cross-Border 122

Cross-Border SWIFT AI Innovation 122

Finovate

APRIL 30, 2024

A new collaboration between Veritran and financial messaging services innovator Swift will empower financial institutions to provide an enhanced and streamlined cross-border payments experience for customers. Swift GPI Tracker enables users to check the status of cross-border payments.

Cross-Border Payments 59

Cross-Border Payments Cross-Border SWIFT Payment APIs and Integration 59

The Fintech Times

SEPTEMBER 10, 2024

.’s Payment Accounts solution offers multi-currency support, enabling businesses to manage EUR, USD, GBP and other currencies seamlessly. s in-house tech team in Frankfurt, the Payment Accounts also aim to simplify cash flow management by centralising financial operations within a single platform. Developed by payabl.’s

Cross-Border 57

Cross-Border Transactions Accounts Multi-Currency 57

Fintech Finance

JUNE 4, 2024

Mick Fennell, Business Line Director – Payments, Temenos, commented: “We are excited to partner with Mastercard to bring their market-leading cross-border solutions to our customers worldwide.

Cross-Border Payments 52

Cross-Border Payments Cross-Border Visa Payment APIs and Integration 52

Nanonets

SEPTEMBER 28, 2023

= Cross-border payments have become increasingly popular as businesses and individuals alike seek to capitalize on opportunities in foreign markets. Yet, these payments can be fraught with challenges, from foreign exchange risks to compliance with local regulations. What Are Cross-Border Payments?

Cross-Border Payments 52

Cross-Border Payments Cross-Border Wire Transfer Wires 52

Finovate

OCTOBER 18, 2024

International payments specialist Ebury arrives in New Zealand Ebury , a specialist in international payments and collections, opened new offices in New Zealand this week. Romania’s national mobile payment system, RoPay, went live this week. The firm is headquartered in West Hollywood, California.

Cross-Border Payments 59

Cross-Border Payments Cross-Border Advisors Payments 59

Fintech Finance

APRIL 30, 2024

Veritran and Swift announce their collaboration that will enable financial institutions to offer an enhanced and streamlined cross-border payments experience to their customers. It’s vital that industry players work together in this way to overcome increasing fragmentation in the cross-border payments landscape.”

Cross-Border Payments 52

Cross-Border Payments Cross-Border SWIFT Payment APIs and Integration 52

The Fintech Times

APRIL 27, 2024

Global tech firm Veritran has partnered with Swift , the world’s leading provider of financial messaging services, to enable financial institutions to offer an enhanced, streamlined and more transparent cross-border payment experience to their customers.

Cross-Border Payments 57

Cross-Border Payments Cross-Border SWIFT Payment APIs and Integration 57

The Fintech Times

APRIL 12, 2024

Payments giant Mastercard is joining forces with Nairobi-based Equity Bank , to enable customers based in Kenya to send money safely and securely to 30 countries. Through Mastercard Cross-Border Services, Equity Bank customers can now send funds through any Equity branch location in Kenya.

Cross-Border 67

Cross-Border Visa Transactions Financial Inclusion 67

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. Can any risks be mitigated pro-actively?

Cross-Border Payments 67

Cross-Border Payments Cross-Border Stablecoins Multi-Currency 67

Fintech Finance

APRIL 12, 2024

This collaboration marks a significant milestone for cross-border financial transactions in Kenya. Cross border remittances unlock financial inclusion by empowering individuals to access formal financial services, ultimately fostering economic growth and stability in the region.

Cross-Border 52

Cross-Border Visa Financial Inclusion Central Bank 52

Nanonets

MARCH 27, 2024

QuickBooks is one of the top names in accounting and bookkeeping, customizable enough to appeal to a wide range of business types and sizes while staying sufficiently standardized to ensure a common user experience for all users – even international clients. However, it does not offer direct international payment processing.

International Payments 52

International Payments Wire Transfer Cross-Border Wires 52