Fintech Finance

OCTOBER 21, 2024

This funding underscores their joint exploration of blockchain technology, including Ripple’s global payments network and open-sourced solutions built on XRP Ledger, in two key areas: cash relief programs and cross-border fund transfers.

Innovation 98

Innovation Cross-Border Cross-Border Payments Stablecoins 98

Fintech Finance

JANUARY 22, 2025

The license authorizes Paymob to offer merchant acquiring, payment aggregation services, and domestic fund transfers within the UAE. This approval is a significant milestone that enables Paymob to deliver localized payment solutions tailored to the needs of UAE merchants.

Central Bank 102

Central Bank Security FinTech Online and Mobile Banking 102

The Fintech Times

NOVEMBER 6, 2024

As expected, innovations and announcements were rife throughout, here’s a roundup of all the news coming out of the global event. “For Visa, this is an opportunity to deliver innovations that enhance payment experiences across Asia Pacific with greater flexibility, security, and convenience.

Product 101

Product Cross-Border FinTech Cross-Border Payments 101

The Fintech Times

DECEMBER 14, 2024

This upgrade will significantly reduce wait times for transactions such as bill splitting, account transfers, insurance payouts, and accessing earned wages, ensuring availability in under one minute. The post Visa Direct to Accelerate Fund Transfers to Under a Minute by 2025 appeared first on The Fintech Times.

Funds Transfer 59

Funds Transfer FPC Funds Availability Faster Payments 59

Finovate

SEPTEMBER 20, 2024

What is the level of interest in fintech innovation there? The level of innovation in the local fintech market is very advanced, thanks to open banking. Building on that, the level of innovation in financial services is pretty impressive in Uzbekistan. Are any of these major areas of innovation in Uzbekistan’s fintech scene?

Innovation 122

Innovation FinTech Online and Mobile Banking On-Demand 122

PYMNTS

DECEMBER 15, 2020

Visa Talks Payment Rail Innovation. In a PYMNTS interview this month, Visa Global Head of New Payment Flows at Visa Business Solutions Alan Koenigsberg discussed the need for existing payment rails to innovate and adapt to new use cases. When we think about rails, we think about them as a means to an endpoint," he said.

Innovation 94

Innovation Cross-Border Payments Cross-Border Real Time Payments 94

The Fintech Times

APRIL 12, 2025

Leveraging Tinks secure open banking technology, Paysend customers in selected regions can now authenticate and fund transfers directly through their bank without manually entering details or facing multiple security steps. The result is a smooth, fast and secure payment experience.

Funds Transfer 45

Funds Transfer Cross-Border Authentication Security 45

Fintech Finance

APRIL 15, 2025

Finuevo Core enables Valletta Credit Finance Corporation Ltd to extend the set of offered services to their clientele with fund transfer facilities. This collaboration underscores our dedication to offering adaptable, innovative solutions tailored to meet the evolving needs of our clients.”

Finance 81

Finance Card Issuer Funds Transfer Issuers 81

Finovate

FEBRUARY 20, 2025

Fedwire is a real-time electronic funds transfer system operated by the Federal Reserve Banks, enabling financial institutions to send and receive money. A family-owned community financial institution with a commitment to innovation and a strong focus on international services, Vantage Bank has $4.5 billion in assets.

FedWire 114

FedWire ISO 20022 ISOs Payment APIs and Integration 114

Fintech Finance

APRIL 15, 2025

PayPal , a global digital payments and commerce platform, today announced a strategic partnership with TerraPay , a leading global money movement company, to enable real-time fund transfers for PayPal customers across the Middle East and Africa. Together, we are driving a new era of digital payments.”

Cross-Border Payments 59

Cross-Border Payments Cross-Border PayPal Funds Transfer 59

Fintech Finance

FEBRUARY 27, 2025

customers real-time1 fund transfers to and from bank accounts via debit card with its Deliver API solution, powered by Visa Direct. We’re proud to partner with Visa, continue innovating on our Deliver API, and expand our innovative offerings.”

Faster Payments 64

Faster Payments Payment APIs and Integration Debit Card Push-to-Card 64

Fintech Finance

MARCH 5, 2025

NeXus addresses the challenge of inter- and intra-company transfers, overcoming major pain points, particularly in cross-border transactions. NeXus eliminates these pain points by offering a real-time transfer network , ensuring immediate and frictionless fund movements between Deus X Pay clients.

Cross-Border 52

Cross-Border Cross-Border Payments Treasury Management Treasury 52

Fintech Review

MARCH 5, 2025

NeXus addresses the challenge of inter- and intra-company transfers, overcoming major pain points, particularly in cross-border transactions. NeXus eliminates these pain points by offering a real-time transfer network , ensuring immediate and frictionless fund movements between Deus X Pay clients.

Cross-Border 52

Cross-Border Cross-Border Payments Treasury Management Stablecoins 52

PYMNTS

JUNE 21, 2020

The service will let businesses incorporate the instant electronic Direct Debit Authorisation (eDDA) into their own systems, along with real-time funds transfer services. Yvonne Yiu , head of global liquidity and cash management with HSBC, said the simplicity makes a difference for the customer.

API 143

API B2B Cash Management Funds Transfer 143

Fintech Finance

MAY 8, 2024

Mastercard has signed a memorandum of understanding (MoU) with The BENEFIT Company (BENEFIT), leading fintech company in Bahrain, and the national electronic payment infrastructure operator, to explore opportunities for collaboration in driving innovation and financial inclusion in the country’s dynamic payments ecosystem.

Financial Inclusion 59

Financial Inclusion Visa Innovation Funds Transfer 59

Fintech News

JULY 14, 2024

This initiative will enhance the efficiency and speed of online cross-border payments and fund transfers within the SEPA Zone. This strategic partnership will also explore innovations in tokenised deposits for global treasury management through Ant International’s Whale platform.

Cross-Border Payments 120

Cross-Border Payments Cross-Border Treasury Management Treasury 120

Fintech Finance

FEBRUARY 29, 2024

Nium , the leader in real-time cross-border payments, announced today that it is the first non-Japanese company to have secured a Type 1 Funds Transfer Service Provider (FTSP) license from the Japanese Financial Services Agency (JFSA). “We are very excited about Nium’s attainment of the Japan Type 1 license.

Funds Transfer 52

Funds Transfer Cross-Border Cross-Border Payments Security 52

Fintech Finance

MARCH 24, 2025

Partnering with TransferMate, who have built a world leading, regulated payments infrastructure, will empower businesses making cross-border payments to transact as easily as if making a domestic funds transfer.

Cross-Border 64

Cross-Border Cross-Border Payments B2B Settlement 64

Fintech Finance

OCTOBER 1, 2024

ebankIT has established a partnership with Neural Payments, focusing on shaping innovation designed for real people and the way they live – a priority aligned with Neural Payments’ own. Their focus on delivering innovative, human-centered solutions aligns perfectly with our mission to enhance the digital banking experience.

P2P 98

P2P Payments Funds Transfer Payment Solutions 98

PYMNTS

MAY 19, 2020

Nium, formerly known as InstaReM, has closed four funding rounds totaling $59 million since it was founded in 2014. Silawat Santivisat, KBank senior executive vice president, said the funds transfer service is meant to address the challenges of the “new normal” brought on by the COVID-19 crisis.

Cross-Border Payments 97

Cross-Border Payments Cross-Border FinTech Funds Transfer 97

Clearly Payments

JANUARY 23, 2024

Whether you’re dealing with routine bills, processing paychecks, or handling high-stakes international transfers, understanding the nuances of electronic fund transfers (EFTs) is crucial. When it comes to electronic payments, two major players stand out in the United States: ACH transfers and wire transfers.

Wire Transfer 104

Wire Transfer Wires Wire ACH 104

PYMNTS

JUNE 23, 2020

PYMNTS explores these stories and others in this week’s Payment Rail Innovation Tracker. According to the announcement, the Bank of Thailand is planning to use central bank digital currency (CBDC) to support funds transfer, with an eye on accelerating supplier payments as an early use-case of the payment system.

Federal Reserve 106

Federal Reserve RTP Payment APIs and Integration Fed 106

Fintech News

APRIL 22, 2024

In 2024, Nium secured a Funds Transfer Service Provider license in Japan , two distinct licenses from the Reserve Bank of India , and a registration in New Zealand. In Thailand, Nium’s platform is utilised by four of the country’s leading banks: Kasikorn Bank, Krungsri (Bank of Ayudhya), Krungthai Bank, and Siam Commercial Bank.

Cross-Border Payments 114

Cross-Border Payments Cross-Border APACS Funds Transfer 114

Fintech Finance

JULY 15, 2024

WorldFirst, Ant International’s one-stop digital payment and financial services platform for global businesses, will reinforce its participation in SEPA to enable businesses to make online cross-border payments and fund transfers more seamlessly within the SEPA Zone.

Cross-Border Payments 98

Cross-Border Payments Cross-Border Treasury Management Treasury 98

Fintech Finance

OCTOBER 22, 2024

Nika Kurdiani, CEO of TBC Uzbekistan, commented: “Our partnership with Visa marks a significant milestone in our journey to provide innovative, modern and user-friendly financial services in Uzbekistan. TBC Uzbekistan is part of London-listed TBC Bank Group PLC.

Online and Mobile Banking 98

Online and Mobile Banking Funds Transfer On-Demand Finance 98

Fintech Finance

SEPTEMBER 4, 2024

Known for its advanced and real-time onboarding and credit scoring, Saldo Bank has incorporated these innovative features into the new credit card. Enfuce’s partnership allowed us not only to launch an innovative card programme but also to create a new partnership offering.

Product 97

Product Credit Cards Debit Card Payments 97

Fintech News

APRIL 15, 2024

Nium secured a Type 1 Funds Transfer Service Provider license in Japan , while in India , it obtained a Prepaid Payment Instrument license and a Payment Aggregator license, both issued by the Reserve Bank of India.

Continuity 107

Continuity Cross-Border Payments Cross-Border Funds Transfer 107

The Fintech Times

MARCH 26, 2024

Ray Merceron, general manager of sales, LAC region at i2c i2c’s mission is to responsibly help our clients remove barriers to innovation. The paytech scene in Latin America is indeed burgeoning with innovation and growth. Boosting Profits and Mitigating Risks: Innovation is at the forefront of our strategy.

Innovation 59

Innovation Alternative Payment Methods Payments SWIFT 59

Finextra

APRIL 1, 2025

Ingo Payments, a proven leader in account funding, transfer, and payout solutionsknown as money mobilityis proud to announce the selection of Marqeta, the global modern card issuing platform that enables embedded finance solutions for the worlds innovators, as its issuer processing partner.

Issuers 52

Issuers Processors Embedded Finance Funds Transfer 52

Fintech Finance

APRIL 8, 2025

Over the years, the bank greatly enhanced its ability to deliver digital innovations. BPC boosted its issuing and acquiring capabilities with SmartVista through modern card management and switching solutions, allowing ACLEDA to offer debit, credit and innovative virtual cards of international and local schemes quickly.

PCI DSS 94

PCI DSS ATM Debit Card Accreditation 94

Fintech Finance

DECEMBER 6, 2024

Tipalti’s localized Canadian product caters to the unique needs of high-growth companies with tailored capabilities, including support for Electronic Funds Transfer (EFT) and Canada-domiciled funding accounts, which enable local bank transfers.

Electronic Funds Transfer (EFT) 95

Electronic Funds Transfer (EFT) Automation Funds Transfer Finance 95

Fintech Finance

SEPTEMBER 11, 2024

Our joint commitment to innovation and financial inclusion will undoubtedly reshape the landscape of cross-border fund transfers in the region. Furthermore, NymCard will extend these solutions to customers including banks, fintech companies and retailers, to offer near-real-time, secure remittance services. “We

Cross-Border Payments 97

Cross-Border Payments Cross-Border Visa Near Real-Time 97

Fintech Finance

APRIL 15, 2024

Leveraging Mastercard Move, Mastercard’s newly combined portfolio of domestic and international money transfer solutions, the companies will offer a choice of payment rails and capabilities for reliable, fast and secure fund transfers to their customers.

Visa 92

Visa Electronic Funds Transfer (EFT) Near Real-Time Cross-Border 92

Fintech Finance

JULY 22, 2024

This innovative approach has yielded a significant 25% business expansion. Open banking fosters a secure environment through card fraud risk mitigation while also enabling instant funds transfer – perfectly aligning with ACE’s mission of serving global expat communities with secure, instant, and convenient remittance solutions.

Risk Mitigation 98

Risk Mitigation Funds Transfer Mitigation Security 98

Fintech Finance

AUGUST 28, 2024

This demographic presents an unprecedented opportunity to advance economic growth through enhanced financial inclusion and digital innovation. Uganda’s digital payment landscape is transforming, driven by a youthful and vibrant population — over 78% ([link] of its citizens are under the age of 35.

Cross-Border Payments 98

Cross-Border Payments Cross-Border Payments Economy 98

Finextra

NOVEMBER 26, 2024

We are thrilled to announce that Kyú Reion, an innovator in cross-border fintech, has partnered with Netbank to accelerate cross-border fund transfers and make them more accessible for individual users through a smartphone app.

Cross-Border 52

Cross-Border Cross-Border Payments Funds Transfer Innovation 52

Fintech Finance

SEPTEMBER 24, 2024

In addition to instant payments processing, the bank also contracted Worldline’s value-added services for customer sanction screening and stand-in funds check. to offer secure, reliable, real-time fund transfers for its customers. The comprehensive features of Worldline’s offering will allow Anadolubank Nederland N.V

Instant Payments 97

Instant Payments Regulatory Compliance Compliance Payment APIs and Integration 97