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6 Asian Companies Recognized Among the World’s Most Promising in Cross-Border Payments

Fintech News

FXC Intelligence, a data platform specializing in the cross-border payment and e-commerce sectors, has released its annual selection of the world’s most promising cross-border payments companies in 2024. Another company from Singapore featured on the list is Tazapay.

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Wise Platform Boosts Global Payments with Enhanced Infrastructure for Faster, Cheaper Cross-Border Solutions

Fintech Finance

Rising Demand for Correspondent Services Wise Platform’s Correspondent Services, launched at Sibos last year in collaboration with Swift , allows partners to send and receive international payments instantly.

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Simplifying Global Money Movement with Visa Cross-Border Solutions

Fintech News

In a recent interview, Rohit Narang, Vice President for the Asia-Pacific region at Visa Cross-Border Solutions, powered by Currencycloud, shared insights into the acquisition of Currencycloud by Visa, shedding light on the evolution of their collaboration and the impact it has had on global money movement.

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Currencycloud Facilitates Seamless Cross-Border Payments with Singapore MPI Licence

The Fintech Times

Currencycloud, a Visa solution, is granted preliminary approval for a major payment licence from the Monetary Authority of Singapore (MAS). For businesses in Singapore, customers can make conversions and payouts in their respective time zones and local currencies.

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Why This Chinese Unicorn is Betting Big on Southeast Asia’s B2B Cross Border Payment

Fintech News

Cross-border payment firm XTransfer is leveraging its success in China to fuel an ambitious global expansion plan. Bill Deng “In Singapore, we have received in-principle approval for a major payment institution (MPI) license, and we will have the full license soon.

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FOMO Pay and BNY to Streamline USD Payment Services for Corporate Clients

Fintech News

Singapore-headquartered payment institution FOMO Pay has partnered with global financial services provider BNY to enhance USD payment services for corporate clients. The collaboration integrates BNY’s payment infrastructure with FOMO Pay’s offerings.

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Singapore Offers Visa’s Currencycloud In-Principle Approval for MPI License

Finovate

Currencycloud was offered In-Principle Approval to serve as a Major Payment Institution license holder in Singapore. The MPI license will also impact Singapore-based businesses, which will be able to leverage Currencycloud to help their customers make conversions and payouts in their own time zones and local currencies.