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Standard Chartered announced a new partnership with Wise Platform to improve speed and lower costs for its internationalpayments service, SC Remit. Wise Platform’s infrastructure includes over 65 licences and six direct connections to domestic payment systems including the latest one with Philippines’ InstaPay.
As Canadian businesses look to expand internationally, one crucial component of successful growth is handling cross-border payments smoothly and efficiently. Selling products and services internationally means facing new challenges, especially regarding payment processing, regulatory requirements, currency exchanges, and fraud prevention.
In a significant move to strengthen its retail cross-border payments offering, leading global bank Standard Chartered and Wise Platform, Wise’s globalpayments infrastructure for banks, have announced a partnership, to power faster and cheaper internationalpayments for the bank’s cross-border payment service, SC Remit.
A consortium of central banks has formally established Nexus GlobalPayments (NGP) in Singapore to manage a new multilateral cross-border payment system. This marks the initiative’s transition from a Bank for International Settlements (BIS) experimental project, started in 2021, into practical implementation.
Spendesk , the leading spend management and procurement platform for mid-market companies, today announces its partnership with Wise Platform , Wise’s globalpayments infrastructure for banks and enterprises, to provide internationalpayments.
Waza , a B2B payment provider for emerging market businesses, has announced the launch of Lync, its new multi-currency account platform that combines market-leading foreign exchange (FX) liquidity solutions with a cutting-edge banking experience to power a new age of global trade for emerging market businesses incorporated in the US, UK or EU.
SUNRATE , the globalpayment and treasury management platform, today announced the launch of its maritime payments solution, aimed at empowering shipping companies and their key stakeholders at Sea Asia 2025. SUNRATE offers a comprehensive solution designed to address the complex payment challenges faced by maritime companies.
In a significant milestone for the fintech industry, Paysend , the UK-based globalpayments platform, has announced reaching 10 million consumer customers worldwide. As the largest global digital network with over 25 billion endpoints, our mission is to simplify internationalpayments for everyone.
“Compliance is the foundation of trust in globalpayments. The post PhotonPay Enhances GlobalPayment Solutions with Robust Compliance and Risk Solutions appeared first on FF News | Fintech Finance.
This strategic milestone is significant for FV Bank clients as it expands inbound wire options alongside stablecoin-based payment rails. ” FV Bank account holders who use SWIFT will now enjoy a simpler and more secure experience when receiving cross-border payments, with access to a global network of financial institutions.
Boost Payment Solutions , a global leader in B2B payments, today announced a partnership with internationalpayment pioneer TransferMate that is designed to address the growing demand for cross-border payments. based BINs to expand the reach of those programs into cross-border payments.
Singapore-based fintech firm Lightnet has entered a global partnership with B2B globalpayments infrastructure-as-a-service provider TransferMate with the aim to enhance cross-border remittance and payment solutions.
But launching your eCommerce store is just half the equationaccepting payments efficiently and effectively is a whole different ball game. On the surface, it seems effortless, with customers only taking a few seconds to initiate and complete payments. The eCommerce payment solution infrastructure involves several key players.
Trust Bank , a leading private commercial bank in Bangladesh and TerraPay , a global money movement company have partnered to offer an innovative payment solution for all students in Bangladesh. Traditionally, these students and their families relied on cumbersome and costly payment transactions.
USI Money today announced its collaboration with Visa , a global leader in digital payments, to implement Visa Direct. Through this partnership, USI Money strengthens its role as a leading payment service provider, addressing the diverse needs of its clients by offering an extensive range of payout options.
Legacy systems are increasingly unreliable, expensive to maintain, and resistant to modern payment innovations. Enhance cross-border payments by integrating an always-on solution directly and locally with regional and globalpayment networks, ensuring compliance with constantly evolving regulatory standards.
Zug, Switzerland, April 8th, 2025, FinanceWire Bivial AG , a leading Financial Institution, has announced yet another expansion of its internationalpayment capabilities with the launch of dedicated CZK (Czech Koruna) and SGD (Singapore Dollar) Accounts. More information at bivial.ch. About Bivial AG.
PXP , a leading omnichannel globalpayment platform and innovative industry disruptor, today announces the findings of an exclusive survey of UK and US merchants appetite for digital payments transformation.
Payments Report 2024 As the globalpayments ecosystem undergoes a period of rapid transformation, the Payments Report 2024 serves as an essential resource for industry leaders navigating shifting trends, emerging technologies, and dynamic consumer behaviour.
There is a growing demand for cross-border payments across the globe. Looking to meet this demand, B2B payments organisation, Boost Payment Solutions has partnered with internationalpayment firm, TransferMate. Leavitt , founder and CEO of Boost Payment Solutions.
Wise Platform , Wises globalpayments infrastructure for banks, financial institutions and larger enterprises, today announced the appointment of Lauren Langbridge as Commercial Director for North America, and Manuel Sandhofer as its new General Manager for Europe, Middle East and Brazil.
Centiglobe , a leading fintech company specializing in cross-border payment infrastructure solutions, today announces a new collaboration with Mastercard Move – Mastercard’s portfolio of global money movement solutions. Unlike traditional cross-border payment models, Centiglobe does not charge per transaction.
Over the past year Wise Platform , Wise’s globalpayments infrastructure for banks, financial institutions and larger enterprises, has further enhanced its product suite for partners and significantly expanded its global regulatory footprint.
Following a new partnership between Centiglobe , the cross-border payment infrastructure solutions provider, and Mastercard Move , Mastercard s portfolio of global money movement solutions, customers using Centiglobe’s blockchain-based payments platform will now be able to use Mastercard Move through a single integration.
Morgan Stanley is teaming up with Wise to bring faster and smoother cross-border payments to its corporate clients, making it the first investment bank to integrate Wises globalpayments platform.
To bolster globalpayments for businesses throughout the world, EMQ launched its new enterprise payment technology with same-day settlement functions in local currencies throughout eight countries. The SCB payment platform would work with the EMQ network to reportedly provide secure and cost-effective cross-border offerings.
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. The acquisition will provide significant capital and accelerate its product growth plans and further global expansion.
In the fast-paced world of business, managing internationalpayments, taxes, and regulatory compliance can become overwhelming. For companies looking to scale globally, these complexities often take up valuable time and resources that could be better spent on innovation and growth. What is a merchant of record?
By integrating with RTGS.global’s instant settlement infrastructure, TransferMate will deliver seamless, real-time internationalpayments for RTGS.global’s business customers, reducing reliance on traditional banking intermediaries and eliminating the risk associated with moving money cross-border.
Unifying global fiat and stablecoin payments, stablecoin payments infrastructure provider BVNK has announced a new embedded wallet. They have existed in today’s market for some time but have had limited capabilities to manage stablecoin, crypto and fiat payments in one place. Embedded wallets are not a novelty.
Defining “acceptable risk” in UK payments regulation 13 March 2025 by Payments Intelligence LinkedIn Email X WhatsApp What is this article about? How the FCA can define and balance acceptable risk in UK payments regulation to support innovation while ensuring financial stability and consumer protection.
Many business owners dont realize that payment processing is a little more complex than it seems. From hidden fees to chargeback risks, theres a lot that payment providers dont always disclose upfront. The Customer The person making the payment. The Payment Processor The company that facilitates transactions.
Payment technology has always needed to be relatively up to date as without it, customers are likely to abandon one organisation and go somewhere where they can have a better checkout experience. In fact, 64 per cent of merchants revealed that they want to invest in payment technology due to the growth potential it brings.
Thunes, a globalpayment services provider, has expanded its internationalpayment infrastructure into Taiwan enabling real-time financial transactions in both new Taiwan dollars and US dollars. The move enables more efficient and direct payment processes to major Taiwanese banks for both individual and business accounts.
Spanish bank Banco Santander said earlier this month that it is linking with Ripple to offer the first mobile service focused on payments rendered across borders. The firms have said that the Santander app use Ripple’s xCurrent technology to underpin payments and tracking.
Globalpayments firm Airwallex has introduced its payment acceptance services in the United States, enabling U.S.-based based merchants to accept both domestic and internationalpayments. entities to provide a localised payment experience to their customers in the U.S.,
Payments is already a highly regulated and complex space, but when it comes to moving money for Global Citizens , the rules that govern these kinds of payments are well beyond just the basics. But Butterfield said there are a number of ways payment processors can stay on the right side of AML.
When it comes to creating a seamless experience for cross-border transactions, especially for Global Citizens who are sending large amounts of money infrequently to institutions all over the world, it can be hard to know where to start. There’s really no monolithic solution that works for all sides of the globalpayments experience.
Payment processor and financial messaging integrator Volante Technologies is partnering with the Banco Base financial group to provide end-to-end payments software for domestic and internationalpayments.
Airwallex, a leading globalpayments and financial platform for modern businesses, today announced a partnership with BILL (NYSE: BILL), a leading financial operations platform for small and midsize businesses (SMBs), to provide Airwallex’s local transfer capabilities as part of BILL’s payments offerings.
Western Union Business Solutions will work with Isabel Group to expand access to Isabel's network, which offers online banking and fast payment services for organizations. Now, clients will be able to connect with more resources globally, the release stated. Currently, the Isabel 6 platform serves 70,000 professional clients.
AbbeyCros s, the platform focused on improving connectivity and access in global FX payments announced today that Wise Platform , Wise’s globalpayments infrastructure for banks and global enterprises, has joined the ABX Platform as its newest payment partner.
Banking software provider Temenos and globalpayments leader Visa have announced a collaboration to simplify and streamline cross-border payments for banks and their customers. Visa Direct facilitates real-time cross-border and domestic payments, reaching billions of endpoints in over 190 markets and 160 currencies.
Financial technology company Dwolla has announced it is teaming up with globalpayments platform Currencycloud so that its clients can facilitate internationalpayments. Dwolla is the leader in domestic payments, Currencycloud brings that same level of trust for internationalpayments.
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