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Standard Chartered Taps Wise for Faster, Cheaper International Payments

Fintech News

Standard Chartered announced a new partnership with Wise Platform to improve speed and lower costs for its international payments 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.

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Standard Chartered and Wise Platform Partner to Transform International Payments Experience

Fintech Finance

In a significant move to strengthen its retail cross-border payments offering, leading global bank Standard Chartered and Wise Platform, Wise’s global payments infrastructure for banks, have announced a partnership, to power faster and cheaper international payments for the bank’s cross-border payment service, SC Remit.

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Understanding the merchant of record model: A key to simplified global payments

The Payments Association

In the fast-paced world of business, managing international payments, 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?

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What Canadian Merchants Need to Know About International Payment Processing

Clearly Payments

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.

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Wise Platform Boosts Global Payments with Enhanced Infrastructure for Faster, Cheaper Cross-Border Solutions

Fintech Finance

Over the past year Wise Platform , Wise’s global payments infrastructure for banks, financial institutions and larger enterprises, has further enhanced its product suite for partners and significantly expanded its global regulatory footprint.

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Morgan Stanley Expansion Capital Acquires Stake in Global Payments Fintech Sokin

Fintech Finance

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.

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Airwallex to provide faster international payments for Bill

Finextra

Airwallex, a leading global payments 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.