Fintech Finance

JUNE 3, 2024

Nium , the global leader in real-time cross-border payments, today announced the expansion of its platform to serve the multi-trillion-dollar global marketplace opportunity. Different regions also bring their own unique economic context, which may dictate seller payment schedules, methods, cost and speed. With 33% of the $8.8

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Cross-Border Cross-Border Payments Multi-Currency Payment Service Provider (PSP) 52

Fintech Finance

SEPTEMBER 23, 2024

McLaren Racing now has the flexibility to pay each global vendor in their local currency while reducing transfer times. The post Airwallex’s Cross-Border Payments Technology Streamlines McLaren Racing’s Financial Operations appeared first on FF News | Fintech Finance.

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Cross-Border Payments Cross-Border Technology Multi-Currency 98

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.

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Cross-Border Transactions Accounts Multi-Currency 58

Fintech Finance

AUGUST 14, 2024

Ant International will be able to use the digital form factor to achieve instant, multi-currency treasury and liquidity management on DBS’ permissioned blockchain for their entities across multiple markets. The solution is one of the industry applications tested under Project Guardian.

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Liquidity Management Treasury Multi-Currency Cross-Border Payments 98

Fintech News

JULY 14, 2024

Partior, a fintech known for its global unified ledger based interbank rails for real-time clearing and settlement, has announced the first close of an over US$60 million Series B funding round led by Peak XV Partners, with participation from Valor Capital Group and Jump Trading Group as new investors. Existing shareholders J.P.

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Cross-Border Correspondent Bank Multi-Currency Settlement 106

Clearly Payments

NOVEMBER 19, 2023

In a time defined by globalization, businesses often look to cross international borders for expansion. These accounts, tailored for cross-border transactions , enable businesses to accept payments in various currencies and broaden their customer base globally.

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Cross-Border Cross-Border Payments Accounts Multi-Currency 52

Fintech News

NOVEMBER 6, 2024

The agreement allows FOMO Pay to streamline USD payments by leveraging BNY’s direct clearing capabilities, global reach, and expertise to improve the speed and efficiency of cross-border transactions. The collaboration integrates BNY’s payment infrastructure with FOMO Pay’s offerings.

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Multi-Currency Cross-Border APACS Financial Inclusion 105

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.

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Cross-Border Payments Cross-Border Stablecoins Multi-Currency 68

Fintech News

NOVEMBER 27, 2024

Deutsche Bank’s additional investment reinforces Partior’s plans to scale its operations globally and enhance cross-border capabilities as well as develop functions like Intraday FX swaps and Just-in-Time multi-bank payments. said Humphrey Valenbreder, Chief Executive Officer of Partior.

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Cross-Border SARS Multi-Currency Correspondent Bank 111

Finovate

NOVEMBER 7, 2024

Nium has partnered with Partior, a blockchain-based fintech for clearing and settlement. The move makes Nium the first payment service provider to join Partior’s blockchain-based network, enabling real-time cross-border payments, clearing, and settlement across 100+ markets.

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Real Time Payments Cross-Border Payments Cross-Border Payment APIs and Integration 52

Fintech News

AUGUST 12, 2024

This digital platform allows Ant International to manage multi-currency treasury operations instantly across various markets using DBS’ permissioned blockchain. Ant International is also involved in Project Guardian, focusing on real-time multi-currency clearing and settlement across over 40 currencies.

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Treasury Blockchain Cross-Border Payments Multi-Currency 97

The Fintech Times

NOVEMBER 4, 2024

Under Project Guardian, an international collaboration of industry and regulators that explores the use of fund and asset tokenisation, the Monetary Authority of Singapore has conducted over 15 industry trials in six currencies across multiple financial products.

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Authorization CBDC Multi-Currency Settlement 82

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. Look for processors with: Multi-currency support : To allow customers to pay in their preferred currency. Canadian merchants selling in the U.S.

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International Payments Process Multi-Currency Cross-Border 83

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.

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

Fintech News

OCTOBER 20, 2024

The new services allow for 24/7 real-time settlement of payments and utilise smart contracts to increase security and transparency. These tokens are designed to streamline liquidity management within companies operating across multiple markets, rather than just cross-border transactions.

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Blockchain Innovation Liquidity Management Multi-Currency 112

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.

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Global Payments Multi-Currency Cross-Border Treasury Management 106

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.”

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

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.

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

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

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 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.

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Multi-Currency Global Payments Treasury Management Cross-Border 59

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 58

Product Multi-Currency Security Returns 58

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

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.

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

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 58

Multi-Currency SWIFT Cross-Border Treasury Management 58

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.

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Product Multi-Currency Returns Payments 98

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 Web 3.0 105

The Fintech Times

OCTOBER 29, 2024

OKX, a cryptocurrency exchange and global onchain technology company, has teamed up with Standard Chartered, appointing the international cross-border bank as its third-party crypto custodian for its global institutional business.

FinTech 63

FinTech Embedded Finance Multi-Currency Non-Bank 63

Clearly Payments

SEPTEMBER 13, 2024

Payment orchestrators streamline the process of routing transactions to the most appropriate payment providers based on various factors such as cost, success rates, currency, and geographical location. Core Functions of a Payment Orchestrator Here we’ll cover the core functions that drive the core value of payment orchestrators.

Payment APIs and Integration 79

Payment APIs and Integration Multi-Currency Payments Gateways 79

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.

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Cross-Border Online and Mobile Banking Processors Acquirers 98

Fintech News

OCTOBER 28, 2024

The 18 finalists have been selected based on solutions to challenges in credit access, financial literacy, cross-border payments, and personalized protection, among other areas. operates Max Miles, Singapore’s newest multi-merchant loyalty programme. Heymax.AI (Singapore) Heymax.ai

FinTech 112

FinTech Financial Literacy Cross-Border Distributed Ledger Technology (DLT) 112

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.

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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.

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Multi-Currency Settlement Cross-Border Central Bank 49

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.

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B2B Cross-Border Digital Currency Multi-Currency 119

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.

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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.

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Bitcoin Blockchain Multi-Currency Cross-Border Settlement 52

Stax

NOVEMBER 14, 2024

Considerations for Companies Running Global Payment Processing For businesses with international customers, cross-border payment processing introduces unique challenges and opportunities. Some payment processors offer expedited international settlement options to help merchants avoid lengthy wait times.

Credit Cards 88

Credit Cards Process Online and Mobile Banking Payment APIs and Integration 88