Fintech Finance

JULY 24, 2024

Investment funds managed by Morgan Stanley Expansion Capital have acquired a stake in UK headquartered payments business Sokin , marking an exciting new chapter for the fast-expanding fintech firm. Sokin was founded in 2019 with a simple vision to remove the borders, barriers, and burdens associated with international payments.

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Global Payments Acquirers Multi-Currency FinTech 86

Fintech News

OCTOBER 22, 2024

11 fintech startups from Singapore have been recognized in the inaugural NextGen Tech 30, a prestigious award celebrating Southeast Asia’s most promising high-growth technology companies. YouTrip was created with the vision to provide a smarter and more convenient way to handle foreign currency transactions.

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FinTech Multi-Currency Online and Mobile Banking APACS 105

Fintech News

SEPTEMBER 15, 2024

Wise has also integrated directly with the PayNow network, allowing customers to use phone numbers or NRICs to create recipients and scan PayNow QR codes for payments. In the wider region, Wise introduced its multi-currency account and card in the Philippines, aiming to provide more accessible financial services.

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APACS Multi-Currency International Payments Transactions 111

Fintech News

OCTOBER 31, 2024

FXC Intelligence’s Global Most Promising Cross-Border Payments Companies 2024 highlights emerging players in the international payments space. These players are smaller in scale than those featured in the Top 100 Cross-Border Payment Companies , but are experiencing notable growth.

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Cross-Border Payments Cross-Border Payment APIs and Integration Multi-Currency 123

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.

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

Fintech Finance

AUGUST 2, 2024

Ampere is now at the forefront of the Neobanking industry enabling its customers access to card-to-card payments, which converts over 60 different currencies at a faster and cheaper rate than traditional banking systems. Ampere removes until-now inconvenient delays and complications associated with international payments.

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Visa Multi-Currency Cross-Border International Payments 98

Fintech Finance

OCTOBER 4, 2024

This collaboration aims to optimize payment capabilities for Tech Mahindra’s innovative crowdsourcing platform, Populii, and revolutionize the way businesses engage with the global crowdsourcing industry and manage financial transactions. The pandemic has reshaped the talent landscape, blurring traditional job boundaries.

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Cross-Border Multi-Currency Payment APIs and Integration Cross-Border Payments 97

Finovate

OCTOBER 11, 2024

This week’s edition of Finovate Global features news from the fintech scene in Hong Kong. Worldline partners with BOCHK International payment services company Worldline has forged a partnership with the Bank of China (Hong Kong), also known as BOCHK. ” Worldline made its Finovate debut at FinovateEurope 2017. .”

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Multi-Currency Stablecoins Visa Cross-Border Payments 104

Fintech Finance

JULY 15, 2024

Concerns over international payments are putting many UK businesses off using overseas suppliers or selling to other markets, according to a new HSBC UK survey. The survey of more than 1,000 financial decision-makers reveals 43% are discouraged from doing business internationally because of uncertainty over hidden payment costs.

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Multi-Currency International Payments Payments Payment Security 97

Fintech Finance

APRIL 10, 2024

With the Airwallex Borderless Visa Card, Canadian businesses gain flexibility and control to fund their card transactions in multiple currencies, making seamless, low-cost, international payments possible in a matter of seconds.”

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Multi-Currency International Payments Transactions Accounts 52

Fintech Finance

AUGUST 1, 2024

Ampere is now at the forefront of the Neobanking industry enabling its customers access to card-to-card payments, which converts over 60 different currencies at a faster and cheaper rate than traditional banking systems. Ampere removes until-now inconvenient delays and complications associated with international payments.

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Visa Multi-Currency Cross-Border International Payments 98

Fintech Finance

SEPTEMBER 10, 2024

Wise Platform provides banks, financial institutions and global enterprises around the world with the capabilities, technology and network to enable fast, secure and cost-effective international payments for their customers.

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

Finovate

APRIL 8, 2024

Brazilian fintech and financial services giant Nubank has teamed up with Wise Platform. Courtesy of the partnership, Wise Platform will power a new global account and international debit card for Nubank. Brazilian fintech Nubank has partnered with Wise Platform to power its global account and international debit card.

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Accounts Debit Card FinTech Multi-Currency 59

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. s in-house tech team in Frankfurt, this solution aims to reduce transaction fees, expedite international payments, and simplify cash flow management.

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

The Fintech Times

SEPTEMBER 16, 2024

In January 2024, global money app, Zing emerged on the fintech scene as a free, multi-currency app and card designed to make international money worry-free. Starting in the 24/25 season, the deal will see the international payments provider sign on as Brentford’s official payments and remittance partner.

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Multi-Currency International Payments Innovation FinTech 58

The Fintech Times

AUGUST 13, 2024

The Fintech Times Bi-Weekly News Roundup takes a look at the latest fintech stories from around the world on Tuesday 13 August 2024. She has previously held roles at data and fintech brands including A merican Express, Finastra, Thomson Reuters and Planet.

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FinTech On-Demand Multi-Currency AI 58

Fintech Finance

MARCH 15, 2024

The post Elavon and BMO Partner to Bring Innovative Payment Solutions Platform to BMO’s U.S. Clients appeared first on Fintech Finance. For more about merchant services through BMO, please visit here.

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Payment Solutions Multi-Currency Innovation Small Business 52

The Fintech Times

SEPTEMBER 6, 2024

In addition to offering a variety of payment methods, Tap Payments’ plugins provide several features designed to help merchants manage their operations more efficiently. These include multi-currency support, detailed transaction reports, and options for handling refunds directly from Shopify’s interface.

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Payments Alternative Payment Methods Multi-Currency Payment Gateways 104

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. Rolls Out New Payment Accounts Platform for Cross-Border Transactions appeared first on The Fintech Times.

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Cross-Border Transactions Accounts Multi-Currency 58

Fintech Finance

JANUARY 10, 2024

The partnership with Currencycloud enables multifi to enhance its service by providing its SMB clients with an efficient international foreign exchange payment solution where they can payout locally to more than 180 countries.

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Cross-Border Cross-Border Payments Multi-Currency International Payments 52

The Fintech Times

JANUARY 2, 2024

Zing , the international money fintech has started the new year with a bang as it launches in the UK. As international money transfers take on a bigger role in people’s lives, either for business or for personal reasons, the HSBC Group member has looked to simplify this task for UK residents.

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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. McLaren Racing now has the flexibility to pay each global vendor in their local currency while reducing transfer times.

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

The Fintech Times

JUNE 7, 2024

The final day of Money20/20 Europe 2024 boasted a number of funding-focused discussions, as well as insights into Zing – HSBC’s multi-currency app and debit card. This allowed us to craft an offensive play in the international payments, payments market.”

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Multi-Currency Debit Card International Payments Cross-Border Payments 45

Clearly Payments

OCTOBER 7, 2024

New Importance of Cross Border Payments The pandemic underscored the importance of global reach for businesses, leading to a surge in demand for cross-border payment solutions. Cross-Border E-commerce Growth : Cross-border e-commerce grew by 21% in 2020, according to a report by the International Post Corporation (IPC).

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Cross-Border Processors Multi-Currency Contactless Payments 88

Fintech Finance

JULY 2, 2024

By leveraging Temenos composable banking capabilities and Tech Mahindra services, EMIs will benefit from faster time to market, lower operational costs, scalable architecture and access to over 100 curated Temenos Exchange fintech partners, to offer customized and differentiated services to their end customers.

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Multi-Currency SWIFT Consulting Agreements 52

Fintech Finance

APRIL 11, 2024

This means that, for a small business, there are an overwhelming number of applications for the various elements of financial management, each completing a different, simple task such as recording invoices, making international payments, or running payroll. We are very proud to support their continued growth.”

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B2B Multi-Currency Payments Small Business 59

The Fintech Times

FEBRUARY 19, 2024

Payments are arguably the face of fintech. 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.

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

PYMNTS

AUGUST 21, 2020

“As the year has progressed, we are starting to see the shoots of recovery, and growing interest in forward-currency contracts acts as a leading indicator of the level of international trade on the horizon,” he recently told PYMNTS. “But payments is just one side of the equation,” noted Conibear.

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Multi-Currency Cross-Border Payments Cross-Border Finance 69

PYMNTS

JUNE 4, 2019

In a press release, the two companies said the agreement meshes with Visa’s stated goal to make secure digital payments possible at home and when people are traveling. Currencycloud exists to take the complexity out of international payments,” stated Mike Laven, CEO of Currencycloud.

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Cross-Border Multi-Currency Cross-Border Payments Payments 55

The Fintech Times

DECEMBER 21, 2023

The payments industry is undergoing a profound transformation, driven by technological advancements and shifting market dynamics. With real-time global payment networks spanning hundreds of currencies and numerous countries, the sector is poised for significant changes. Forrester’s Jacob Morgan and I agree on this one.

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Cross-Border Cross-Border Payments Payments Multi-Currency 63

PYMNTS

FEBRUARY 5, 2020

FinTech unicorn Airwallex is partnering with Visa to introduce a borderless card for businesses, the companies announced on Wednesday (Feb. The Visa partnership offers users secure, cross-border payments in multiple currencies while taking advantage of Airwallex’s competitive foreign exchange rates. and Hong Kong.

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B2B Cross-Border Payments Cross-Border Multi-Currency 71

PYMNTS

OCTOBER 6, 2020

It allows for incoming and outgoing transactions across SWIFT multi-currency for international payments; SEPA Euro within the Euro zone; GBP Faster Payments and CHAPS in the U.K.; and FX Payments in 134 currencies.

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IBAN Multifactor Authentication Multi-Currency Authentication 94

PYMNTS

APRIL 19, 2018

Multi-currency account provider Centtrip is introducing a way for corporates to make and receive faster cross-border payments. based company, which provides global payments, foreign exchange (FX) and banking services, announced its real-time payments solution on Wednesday (April 18).

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Real Time Payments Cross-Border Payments Multi-Currency Cross-Border 40

The Fintech Times

JUNE 11, 2024

Gauthier is a long-time fintech specialist, having held senior leadership roles at the likes of Amazon , PayPal , and Visa , along with early and mid-stage payments and e-commerce startups. We provide tech-led payment solutions to help more than 26,000 customers globally grow with confidence. It’s an innovator’s dream!

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Cross-Border Payments Compliance Cross-Border PayPal 58

Fintech News

JULY 23, 2024

13 fintech companies from Southeast Asia have been named among this year’s top 250 fintech companies worldwide, recognized for their growth and significant impact on the global fintech landscape. These companies are featured on the World’s Top Fintech Companies 2024.

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FinTech Online and Mobile Banking Multi-Currency Non-Bank 120

PYMNTS

MAY 10, 2017

World First is launching a cross-border payments platform for SMEs. company said Tuesday (May 9) that it is rolling out its World Account solution, an international payments platform for B2B payments developed for smaller businesses. The platform supports outbound and inbound payments, the announcement said.

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Cross-Border Payments Cross-Border Multi-Currency International Payments 40

PYMNTS

SEPTEMBER 11, 2018

On the whole, small firms are less likely to use currency management tools. However, solutions like hedging and options aren’t the only tools available for companies to manage cross-border payment risks. “Others offer types of payment platforms like the Ripples and IBMs of this world.” Enter: the prepaid card.

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Cross-Border Payments Cross-Border Multi-Currency Risk Mitigation 40