The Fintech Times

JUNE 6, 2024

Project mBridge , a collaborative initiative involving multiple central banks and the Bank for International Settlements’ (BIS), h as reached an important development milestone. Several commercial banks have already started using the mBridge platform to facilitate cross-border CBDC payments among participating jurisdictions.

Participant 45

Participant Distributed Ledger Technology (DLT) Cross-Border Payments Cross-Border 45

Finovate

AUGUST 12, 2024

LianLian, which specializes in cross-border settlement services with instant payouts, selected Thredd to power its Yueda virtual card product. “Utilising Thredd’s virtual card issuing capabilities we will be able to deliver on our ambitious growth plans for 2024 and beyond,” said LianLian Global Co-CEO Tim Shen.

APACS 52

APACS Cross-Border Settlement Cross-Border Payments Cross-Border 52

Fintech Finance

FEBRUARY 8, 2024

1 B2B Cross-Border Trade Payment Platform, is thrilled to announce a major milestone in its partnership with Deutsche Bank. From there, XTransfer can efficiently distribute the funds to its export clients, ensuring smooth cross-border transactions. XTransfer , World’s Leading & China’s No.1

Cross-Border 97

Cross-Border Cross-Border Payments Non-Bank Multi-Currency 97

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. billion annually.

Multi-Currency 59

Multi-Currency Global Payments Cross-Border Treasury Management 59

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.

Multi-Currency 59

Multi-Currency SWIFT Cross-Border Treasury Management 59

Fintech News

AUGUST 13, 2024

In a recent webinar hosted by the Fintech News Network, experts from the Bank for International Settlements (BIS), Wise, Airwallex, and LexisNexis Risk Solutions explored the latest trends and developments in cross-border payments, emphasizing the pioneering role of Southeast Asia in this rapidly evolving landscape.

Cross-Border Payments 122

Cross-Border Payments Cross-Border Payments Instant Payments 122

PYMNTS

APRIL 29, 2019

Travel payments optimization company Ixaris announced a new partnership with financial service infrastructure company Banking Circle to streamline cross-border payments for the travel industry. Virtual IBAN lets companies send and receive cross-border payments in real time at competitive rates, the companies said in their announcement.

Cross-Border Payments 51

Cross-Border Payments IBAN Cross-Border Multi-Currency 51

PYMNTS

SEPTEMBER 19, 2019

And against that backdrop comes … a new settlement coin. And for the settlements, consider these stablecoins as traveling finite territory in the most recently defined uses cases – as in, intrabank. The pilot is slated to begin next year, with plans to eventually have multi-currency transactions. Also on Wednesday (Sept.

Multi-Currency 49

Multi-Currency Settlement Cross-Border Central Bank 49

PYMNTS

MARCH 14, 2019

At the intersection of all these threats is payments, particularly when money is moving cross-border. ” Cross-Border Payments in the Crosshairs. “If you look at cross-border payments, at the highest level they are the settlement engine for a rapidly globalizing economy,” said Kohli.

Global Payments 77

Global Payments Cross-Border Payments Cross-Border ISO 20022 77

PYMNTS

JANUARY 22, 2020

Monerium lets its customers develop their financial services based on the blockchain, including cross-border settlements using fiat currency. Monerium stores fiat currency deposits for clients and releases them in a digital form on a blockchain. Sean Ford, Algorand’s chief operating officer.

Bitcoin 52

Bitcoin Blockchain Multi-Currency Cross-Border Settlement 52

The Fintech Times

MAY 16, 2024

Standard Chartered Bank (Hong Kong) Limited (SCBHK), the international cross-border bank, is making strides in the world of blockchain as it explores the operational and risk management benefits of tokenised deposits to support the settlement of tokenised assets.

Visa 75

Visa Blockchain Multi-Currency Cross-Border 75

PYMNTS

JANUARY 21, 2020

Amazon and dLocal, a company that specializes in cross-border payments for up-and-coming countries, have teamed up on payment services in Chile, according to a release. Figuring out payment infrastructure in countries like Chile or in LATAM , MENA or APAC is complicated and multi-faceted.

Cross-Border Payments 52

Cross-Border Payments Cross-Border Multi-Currency APACS 52

Clearly Payments

FEBRUARY 12, 2024

These networks have transformed the way payments are processed, moving from paper-based transactions to electronic authorizations and settlements. These disruptors often focus on addressing pain points such as high transaction fees, lengthy settlement times, and lack of transparency associated with traditional card networks.

Visa 90

Visa Payments Payment Networks Online and Mobile Banking 90

PYMNTS

JANUARY 15, 2019

As has been reported, the regulators include the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corp., There of course needs to be access to the financial infrastructure that underpins offerings and is part of processes as far-flung as settlement of transactions. In Asia, Examining Cross-Border FinTech.

Fed 59

Fed Cross-Border FinTech Office of the Comptroller of the Currency 59

The Fintech Times

FEBRUARY 19, 2024

Having discussed the myths , hype and usage of buy now pay later (BNPL), we now turn our focus to cross-border payments. To begin this focus, we first look at what businesses should prioritise when looking to offer cross-border solutions. “International trade winds have shifted in recent years.

Cross-Border Payments 69

Cross-Border Payments Cross-Border Stablecoins Multi-Currency 69

PYMNTS

JANUARY 16, 2020

New day, new multi-billion-dollar deal within the payments space. Global Blue is a company that processes cross-border transactions for international tourists. The move into cross-border can be both an opportunity and a challenge for cross-border companies. The IPO – and Other Attractions.

Cross-Border 40

Cross-Border Cross-Border Settlement Consumer Multi-Currency 40

Fintech Labs Insights

MARCH 24, 2016

In an increasingly global economy, Valuto’s multi-currency account helps small businesses send and receive payments in five different European currencies. The multi-currency account leverages Valuto’s P2P currency exchange marketplace offering a foreign exchange solution at a lower cost than banks.

Multi-Currency 17

Multi-Currency API Payment APIs and Integration Accounts 17

PYMNTS

OCTOBER 26, 2018

PayStand is connecting directly into the NetSuite enterprise resource planning (ERP) platform using its SuiteApp solution, linking businesses to PayStand’s AR features including invoicing and payment acceptance, collections, summary invoices, and multi-currency support.

Multi-Currency 49

Multi-Currency Cross-Border B2B CRM 49

The Fintech Times

SEPTEMBER 10, 2024

The new Payment Accounts solution enables businesses to hold, convert and transact in multiple currencies, tackling challenges like high currency conversion costs as well as managing multiple accounts. As cross-border trade becomes more complex, businesses need payment solutions that are adaptable, secure, and scalable.

Cross-Border 59

Cross-Border Transactions Accounts Multi-Currency 59

PYMNTS

NOVEMBER 26, 2019

“Our organizations share the view that supplier experience is a vital component to customer satisfaction,” said WEX Senior Director of Supplier Services Dylan Jones in a statement, adding that the partnership with Billtrust will enable WEX “to solve for the ‘last mile’ of automated settlement and reconciliation.

Accounts 64

Accounts Automation Multi-Currency B2B 64

Fintech Labs Insights

APRIL 4, 2017

nanopay is a fintech company based in Toronto that provides a unique payment platform that powers multi-currency payment solutions with instantaneous settlement. Well-suited for all payments including retail, B2B, and cross-border transfers alike. Uniquely enables instant clearing and settlement.

Multi-Currency 17

Multi-Currency Cross-Border Settlement B2B 17

Fintech Labs Insights

SEPTEMBER 19, 2016

The news last week that Ripple raised $55 million in Series B financing is a reminder of how a growing number of financial institutions are using digital currencies to improve the cross-border payments process. In addition to the funding, Ripple announced a number of new additions to its network. Standard Chartered.

Cross-Border Payments 27

Cross-Border Payments Cross-Border Multi-Currency Digital Currency 27

EBizCharge

MAY 15, 2024

Confirmation and Settlement: Once reconciliation is complete and both parties agree on the transaction details, the payment is considered settled. By integrating multiple payment methods and supporting various currencies, payment processors enable merchants to expand their reach and cater to a global customer base.

B2B 52

B2B Wire Transfer Payments Payment Gateways 52

Fintech Finance

SEPTEMBER 10, 2024

As businesses expand internationally, they encounter challenges such as high currency conversion costs, foreign exchange risks, and the complexity of managing multiple bank accounts. The fast onboarding and instant settlements mean we can focus more on running our business rather than worrying about payments delays. With payabl.’s

Accounts 96

Accounts Multi-Currency Payment APIs and Integration Cross-Border 96

PYMNTS

FEBRUARY 15, 2018

The challenge here is, of course, you only get a response a few days later if the payment is complete,” he said, pointing to the lag between ACH processing and settlement, especially in the U.S. Our platform handles multi-signature contracts,” he said. “We Alas, ACH is a far-from-perfect payment rail, Koeppel admitted. In the U.S.,

ACH 43

ACH Blockchain Payment APIs and Integration Cross-Border 43

Fintech Finance

SEPTEMBER 10, 2024

It is powered by Wise’s powerful infrastructure, connecting directly to five payment systems, and working with 90+ banking partners around the world to enable cross-border payments in 40+ currencies across 160+ countries1.

Cross-Border 98

Cross-Border Cross-Border Payments Multi-Currency RTP 98

Fintech News

FEBRUARY 5, 2024

Airwallex, a global payments and financial platform, has formed a multi-year collaboration with the McLaren Formula 1 team. Previously constrained to a single currency account based in the UK, McLaren faced challenges like high foreign exchange fees, slow transaction times, and additional charges. billion annually.

Global Payments 106

Global Payments Multi-Currency Cross-Border Treasury Management 106

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.

Cross-Border 75

Cross-Border Cross-Border Payments Interoperability Multi-Currency 75

Fintech Finance

JULY 9, 2024

While revenue from cross-border payments is on the rise, the unprecedented diversity of payment methods in different markets complicates transactions for 70 percent of travel companies. For smaller players, this can be what levels the playing field, enabling them to compete with larger, more established counterparts.”

Cross-Border 95

Cross-Border Cross-Border Payments Research Multi-Currency 95

Fintech News

DECEMBER 20, 2023

Singapore also made strides in payment innovation, focusing on enhancing electronic payments and expanding cross-border capabilities. Moving forward, MAS aims for Gprnt to expand its capabilities to serve the more sophisticated data needs of larger multi-national entities and other regional economies.

FinTech 105

FinTech Cross-Border CBDC Central Bank 105

Finovate

JULY 26, 2024

Founded in 2021, the Singapore-based company offers banks unified, ledger-based interbank rails for real-time clearing and settlement. Partior’s 24/7 blockchain network works with real-time local currency payment and RTGS systems globally and facilitates direct and indirect settlement flows with market participants.

AI 72

AI Cross-Border Payment APIs and Integration Multi-Currency 72

Fintech Labs Insights

DECEMBER 23, 2015

Viteos Group provides a proprietary platform built for cross-border, any-asset class, any-currency, post-trade operations for the U.S. The deal combines Viteos Group’s buy-side expertise with Wipro’s sell-side credentials in areas such as reconciliation, settlements, and KYC, among others.

Agreements 16

Agreements Acquirers Multi-Currency Cross-Border 16

Fintech News

MAY 23, 2024

The Corporate Banking segment serves corporate clients, governments, and financial institutions with a range of services including accounts, loans, and foreign currency products. The Corporate Banking segment delivers services such as deposits, loans, trusts, trade-related products, other credit services, and foreign currency services.

Online and Mobile Banking 129

Online and Mobile Banking Treasury Non-Bank Finance 129

The Fintech Times

JULY 21, 2024

Yield empowers them with its flexibility, attractive rates of return and multi-currency capabilities – a solution businesses have been craving for years.” The post Airwallex Secures Licence to Offer Retail Investment Products in Australia appeared first on The Fintech Times.

Product 59

Product Multi-Currency Security Returns 59

Fintech Finance

JULY 19, 2024

Yield empowers them with its flexibility, attractive rates of return and multi-currency capabilities – a solution businesses have been craving for years.” Also commenting on the news, Matthew Le, Head of South East Asia & Australia Sales, Global Liquidity, J.P.

Product 98

Product Multi-Currency Returns Payments 98

Fintech News

SEPTEMBER 25, 2024

When cross-border expansion is required First of all, flexibility is needed for adapting to changing regulations. This processor had discovered that its platforms were too tailored to specific national markets, limiting cross-border capabilities. Solid reasons to leave legacy behind 1.

Cross-Border 89

Cross-Border Online and Mobile Banking Processors Payments 89

PYMNTS

NOVEMBER 2, 2020

Delving Into Digital Currencies. Beyond the most immediate challenges, we’re headed into a longer-term evolution where digital payments are paving the way for the adoption of digital currencies, spanning, as Webster noted, crypto, digital bitcoin, digital dollars and stablecoins. Improving Cross-Border Flows.

B2B 119

B2B Cross-Border Digital Currency Multi-Currency 119