Finovate

OCTOBER 21, 2024

Move Commercial Payments offers features like liquidity management, integration with existing SWIFT systems, and helps to reduce counterparty risk. Mastercard unveiled an offering this week that will allow commercial users to make cross-border payments in near-real-time.

Cross-Border Payments 59

Cross-Border Payments Cross-Border Visa FedNow 59

Segpay

JUNE 25, 2024

Transaction Settlement : The PSP or intermediary ensures that the funds are settled between the customer’s and merchant’s banks, typically through the banking system’s clearing and settlement processes. Faster Settlement : Pay by Bank transactions often offer real-time or near-real-time settlement.

Online and Mobile Banking 52

Online and Mobile Banking Payments Settlement Transactions 52

PYMNTS

SEPTEMBER 26, 2019

The FI revealed plans to pilot its Wells Fargo Digital Cash service, a solution designed for Wells Fargo’s own internal settlement capabilities when moving money between corporate accounts across borders. Wells Fargo is not, of course, the only financial institution planning to operate a real-world application of blockchain technology.

Blockchain 61

Blockchain Cross-Border Cross-Border Payments Liquidity Management 61