PYMNTS

NOVEMBER 17, 2017

American Express is the latest financial company to become a member of RippleNet, the blockchain network operated by Ripple that provides real-time, business-to-business (B2B) global payments. According to Ripple, American Express FX International Payments will partner with Santander U.K. for the first time. is the U.K.’s

B2B 72

B2B Cross-Border Innovation International Payments 72

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.

Multi-Currency 65

Multi-Currency International Payments Payments Payment Security 65

Fintech Finance

DECEMBER 5, 2024

Settle is an app-based payment platform, launched in 2010, that operates across all EU countries. It enables consumers and businesses to send and receive money instantly, both domestically and across borders, providing a seamless and efficient payment solution. billion annually, with further rapid growth anticipated.

Multi-Currency 89

Multi-Currency FinTech IBAN International Payments 89

Fintech Finance

JULY 3, 2024

Network International (Network) , the leading enabler of digital commerce across the Middle East and Africa (MEA) region, in partnership with NPCI International Payments Ltd. NIPL), has enabled the acceptance of QR code-based Unified Payments Interface (UPI) payments across Network’s point-of-sale (POS) terminals in the UAE.

Point-of-Sale (POS) 92

Point-of-Sale (POS) Cross-Border Payments Cross-Border International Payments 92

PYMNTS

OCTOBER 11, 2016

To get to the bottom of how firms are tackling these payment challenges in pursuit of global markets, AFEX surveyed over 500 financial decision-makers at SMEs across the globe. But the greater weight placed on global payments does not come without its complications.

Cross-Border Payments 75

Cross-Border Payments Cross-Border Risk International Payments 75

PYMNTS

FEBRUARY 13, 2020

Burgess will lead strategy and development of the department, and will bring “new payment services to customers that are fast, simple and safe to use,” per the company. Burgess will work under Chirag Patel, Santander ’s global head of digital payments, and she will become part of the bank’s global payments and digital team.

P2P 90

P2P Payments PayPal International Payments 90

PYMNTS

AUGUST 10, 2017

FLEETCOR Technologies, a global provider of commercial payment solutions, announced Wednesday (Aug. 9) that it has closed its acquisition of Cambridge Global Payments, the B2B international payments provider, for approximately $690 million. The deal was announced on May 1.

Global Payments 40

Global Payments Cross-Border Payments Cross-Border B2B 40

Fintech News

JULY 15, 2024

These inefficiencies highlight the urgent need for travel businesses to invest in more robust and efficient payment solutions. As EU Holidays grew, they faced increasing costs for global payments. Airwallex’s global network made sending and receiving international payments easy.

Cross-Border 86

Cross-Border Payments Fraud Detection Contactless Payments 86

Clearly Payments

OCTOBER 7, 2024

Recurring Payment Solutions : Payment processors have had to adapt by offering solutions that support automated billing, recurring payments, and subscription management. Cross-Border E-commerce Growth : Cross-border e-commerce grew by 21% in 2020, according to a report by the International Post Corporation (IPC).

Cross-Border 90

Cross-Border Processors Multi-Currency Contactless Payments 90

PYMNTS

MAY 11, 2020

To help streamline global payments with artificial intelligence (AI), digital payment platform Payoneer has unveiled a partnership with banking and admin app ANNA. In separate news, Payoneer debuted a cross-border service that includes functionality for SMBs, per an announcement in October.

Cross-Border 64

Cross-Border Cross-Border Payments Payments Commercial Card 64

PYMNTS

JULY 30, 2019

Global payments revenues are at an all-time high, and experts predict that they could even climb to be a $2 trillion industry by 2020. Cross-border payment revenues currently account for approximately $200 billion, a significant slice of the payments pie. international transactions per capita every year, up from 0.5

Cross-Border 80

Cross-Border Distributed Ledger Technology (DLT) Cross-Border Payments Blockchain 80

Fintech News

SEPTEMBER 18, 2024

In Japan, megabanks Mitsubishi UFJ Financial Group, Mizuho Financial Group and Sumitomo Mitsui Financial Group, are currently trialing blockchain technology to enable instant international payments, aiming for commercial use in 2024, Nikkei reported on September 05, 2024. of e-commerce payments in 2022 to 4.4%

APACS 93

APACS Stablecoins Alternative Payment Methods BNPL 93

Clearly Payments

FEBRUARY 14, 2024

The payment processing ecosystem is vast and multifaceted, with a staggering array of statistics underscoring its significance. For instance, the global payment processing market is estimated to reach a monumental $587.78 Furthermore, global payment volume reached a staggering $31.7

Payments 79

Payments Value Added Service BNPL ISOs 79

PYMNTS

OCTOBER 2, 2018

Our success, as an organization, is built on our international payments expertise in the world of corporate and financial institutions payments,” AscendantFX’s global payments solutions vice president, Dan Caputo, said. In a press release Tuesday (Oct.

Cross-Border Payments 55

Cross-Border Payments Payment APIs and Integration Cross-Border Wire Transfer 55

Fintech Finance

MAY 17, 2024

This strategic enhancement enables PayDo to offer more versatile and inclusive financial services across global markets. With 24 currencies in total, PayDo corporate and individual clients now get a new frontier within international payment solutions.

SWIFT 52

SWIFT Transactions Financial Inclusion Global Payments 52

PYMNTS

NOVEMBER 28, 2017

India’s Axis Bank has launched its instant, cross-border payments solution less than a year after announcing a collaboration with blockchain technology firm Ripple. 27) that its global payments service, which uses Ripple’s blockchain infrastructure, is now up and running. The bank announced news on Monday (Nov.

Real Time Payments 56

Real Time Payments Cross-Border Payments Cross-Border Blockchain 56

The Fintech Times

FEBRUARY 23, 2024

Ebury , the fintech specialising in transactions for SMEs, has expanded its partnership with Nium , the real-time global payments company, to deliver a new global remittance service in Brazil. ” Forecasts suggest that Brazil’s digital payments market could grow to a total transaction value of $170billion in 2024.

Cross-Border Payments 59

Cross-Border Payments Cross-Border Consumer APACS 59

PYMNTS

APRIL 7, 2019

Payment solutions company Flywire has added machine learning capabilities to its cross-border payment and receivables platform, according to a release from the company. This allows them to offer customized payment solutions to more of their customers – wherever they are in the world.”.

Cross-Border 62

Cross-Border Cross-Border Payments Reconciliation Payments 62

PYMNTS

SEPTEMBER 11, 2019

The new blockchain-enabled solution aims to bridge international payments infrastructures, schemes and banks via a Mastercard clearing and settlement network. More than 300 financial services firms, technology companies, banks, regulators and associations are part of R3’s Corda ecosystem.

Cross-Border Payments 51

Cross-Border Payments Cross-Border Visa Blockchain 51

PYMNTS

FEBRUARY 13, 2020

Burgess will lead strategy and development of the department, and will bring “new payment services to customers that are fast, simple and safe to use,” per the company. Burgess will work under Chirag Patel, Santander ’s global head of digital payments, and she will become part of the bank’s global payments and digital team.

P2P 60

P2P Payments PayPal International Payments 60

PYMNTS

FEBRUARY 13, 2020

British bank Standard Chartered and payments firm Assembly Payments have established a joint venture in Singapore to bring payment solutions to its $29 trillion global eCommerce market, the companies announced on Tuesday (Feb. Payments is a critical pillar of banking services.

Online and Mobile Banking 79

Online and Mobile Banking Payments Financial Inclusion Real Time Payments 79

Fintech Finance

FEBRUARY 22, 2024

Ebury , one of the world’s largest fintech companies specializing in transactions for SMEs, today announced its partnership expansion with Nium , the leader in real-time global payments, to deliver a groundbreaking global remittance service in Brazil.

Cross-Border Payments 52

Cross-Border Payments Cross-Border Payments APACS 52

PYMNTS

SEPTEMBER 30, 2019

The offering enables cardholders in certain countries and regions, primarily in Asia, to pay tuition with their JCB card at the 2,000 plus schools around the globe that offer Flywire for international payments, according to an announcement.

Cross-Border 59

Cross-Border Payments Payer Reconciliation 59

The Fintech Times

MAY 17, 2024

“With innovation and efficiency at its heart, our latest partnership with ABHI connects the fintech pioneer’s customers to our extensive global payments network, providing them with a whole new level of flexibility.”

Visa 59

Visa Financial Inclusion Embedded Finance Payroll 59

Fintech Finance

APRIL 11, 2024

Mimo , the platform simplifying global payments, cash flow, and financial management for SMBs and accountants, has raised £15.5M (€18M) of new investment. Mimo will deploy the new equity funding to continue to build out its B2B payments solution for SMBs and expand its headcount.

B2B 59

B2B Multi-Currency Payments Small Business 59

Fintech News

OCTOBER 22, 2024

Aspire Aspire illustration, Source: Aspire Aspire is the all-in-one finance platform for modern businesses globally, helping over 50,000 companies save time and money with international payments, expense management, payable management, and receivable management solutions. The startup reached profitability this month.

FinTech 95

FinTech Multi-Currency Online and Mobile Banking APACS 95

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.

Cross-Border 64

Cross-Border Cross-Border Payments Payments Multi-Currency 64

PYMNTS

OCTOBER 7, 2019

First Investment Bank ( Fibank ) is the first Bulgarian bank to offer the SWIFT Global Payment Initiative (gpi), according to a press release. Fibank lets its customers make international transfers in over 110 currencies. Cloud Connect hosts SWIFT infrastructure and enables payment transfers via Microsoft Azure.

SWIFT 43

SWIFT International Payments Correspondent Payment Message 43

The Fintech Times

JULY 5, 2024

Looking to simplify the payments process for these visitors, NPCI International Payments Limited (NIPL) has partnered with Network International (Network), a digital commerce enabler across the Middle East and Africa (MEA) region. million in 2024, with the UAE anticipating 5.29 million arrivals from India.

Point-of-Sale (POS) 59

Point-of-Sale (POS) Cross-Border Payments Cross-Border Payments 59

PYMNTS

MAY 22, 2019

Currencycloud is teaming with Lithuania’s Evarvest for cross-border payments, Alipay and ininal are working to help visitors from China connect with merchants in Turkey and BCS Global Markets is rolling out an international payments solution in the U.K. Mark Judd, managing director of CDS Global in the U.K.

Cross-Border Payments 43

Cross-Border Payments Cross-Border Contactless Payments FinTech 43

PYMNTS

SEPTEMBER 25, 2019

Dwolla, a FinTech that connects business customers into the ACH network for domestic B2B payments capabilities, is teaming up with cross-border payments firm TransferMate, the companies said in an announcement on Tuesday (Sept. companies to accept payments from their customers across borders.

B2B 46

B2B Cross-Border Cross-Border Payments ACH Network 46

PYMNTS

FEBRUARY 26, 2020

Checkout.com, which works in global payment solutions, has made an acquisition in French payment company ProcessOut, the company said in an emailed press release. Financial terms of the deal were not released. The acquisition will mark a first for Checkout , which raised a Series A round of $230 million last year.

Acquirers 52

Acquirers International Payments Process Global Payments 52

PYMNTS

SEPTEMBER 19, 2017

The adage holds true in payments, especially, and manual processes are to blame. Currencycloud recently debuted a white paper outlining how businesses can keep customers happy without spending a fortune on banking solutions — and, in the process, free up time to actually run their businesses. Time is money in business.

Process 46

Process SWIFT Payments B2B 46

Fintech Finance

MAY 16, 2024

Our partnership introduces Salary Cards powered by Mastercard’s technology that enables our users to make local and international payments, ushering in a new era of seamless transactions for working individuals. . “At ABHI, we’re embarking on a journey with Mastercard to redefine financial empowerment.

Visa 52

Visa Financial Inclusion Embedded Finance Payroll 52

PYMNTS

OCTOBER 28, 2019

Payment solutions company Flywire is rolling out a simplified cross-border payments solution for Bank of America’s higher education and corporate clients, Flywire announced in a press release on Monday (Oct. The service makes international billing, payment and receipts more efficient and easier to use.

Cross-Border Payments 40

Cross-Border Payments Cross-Border Payments Payer 40

PYMNTS

FEBRUARY 15, 2018

Meanwhile, from eCommerce to financial services, to healthcare and education, new payment solutions are introducing a series of disruptions to the cross-border payment space. In Europe, several payment solutions broadened their reach, with the aim of benefitting both eCommerce businesses and its consumers.

Cross-Border 43

Cross-Border Cross-Border Payments Multi-Currency On-Demand 43

Finovate

MARCH 8, 2024

“This financial backing validates our vision and our ability to take the global payments industry into the future, helping fuel positive change across many different sectors of the economy. We are thrilled to bring our cutting-edge solutions to new markets,” Yuno CEO and co-founder Juan Pablo Ortega said.

Innovation 64

Innovation Acquirers Payments FinTech 64