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Airwallex Enables Businesses to Collect and Hold Funds in Israeli Shekels

Fintech Finance

Leading global fintech Airwallex today announced that it now enables businesses to receive and hold funds in Israeli Shekels (ILS) through its Global Accounts and multi-currency wallet.

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Ant International Deepens Payment and Digitalisation Ecosystem with AI-Driven Embedded Finance Solutions in Year of Transformation

Fintech Finance

The new Embedded Finance segment deepens Ant International’s ecosystem by offering a rich array of FX, treasury management, inclusive lending and other AI-powered fintech solutions to clients and partners across the other three main businesses.

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DBS Launches Blockchain-Powered Treasury Tokens Pilot With Ant International for 24/7 Treasury and Liquidity Management

Fintech Finance

DBS has announced the pilot launch of DBS Treasury Tokens, a next-generation treasury and liquidity management solution, in collaboration with Ant International. DBS Treasury Tokens enables Ant International to reduce the settlement of intra-group transactions from potentially days to seconds.

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Airwallex Revs Up McLaren F1’s Global Payments with Multi-Year Partnership

Fintech News

Airwallex, a global payments and financial platform, has formed a multi-year collaboration with the McLaren Formula 1 team. Previously constrained to a single currency account based in the UK, McLaren faced challenges like high foreign exchange fees, slow transaction times, and additional charges. billion annually.

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Former BigPay, Monzo, VP Bank Leaders Launch Pave Bank with US$5.2M Funding

Fintech News

Pave Bank is a regulated commercial bank that offers business banking products such as multi-currency operating accounts, global payment connectivity, and treasury management solutions. Pave Bank is a full reserve bank, so all deposits and funds held will not be lent out or invested.

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Neo Reaches Profitability as More Businesses Explore Alternatives to Traditional Banks

The Fintech Times

Cross-border payment and FX fintech firm Neo is celebrating profitability – as an increasing number of SMEs explore alternatives to banks to manage their international business needs. Neo has been able to help businesses through its multi-currency account.

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Announced at Singapore FinTech Festival 2024: New Partnerships, Product Launches and Appointments

The Fintech Times

Ant International is also working with StraitsX to enable the efficiency and interoperability of payments made via PBM through the Whale platform, Ant International’s treasury management solution.

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