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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.
With a series of organisational and strategic upgrades in 2024, Ant International , a leading global digital payment and financial technology provider, reported robust growth over the past year among all its four pillar businesses, Alipay+ , Antom , WorldFirst and Embedded Finance. connecting over 90 million merchants in 66 markets to 1.6
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.
The European Union’s leading bank, BNP Paribas and Ant International , a digital payment and financial technology leader, have formed a strategic partnership to enhance cross-border payment solutions for merchants and consumers in Europe.
In B2B payments, that can mean discontent in the way traditional banks and FIs do business or a need for disruptive technologies to come to market faster than banks can offer. Deals were made with B2B invoicing and payments firm Viewpost, as well as health care blockchain company Gem and natural language search technology company ClearGraph.
One area where elimination of such processes can be of benefit is treasurymanagement — specifically, reconciliation of transactions and liquidity management. Real-Time Window To TreasuryManagement. It’s no secret that transactions done between businesses, or across borders, can be mired in manual tasks.
The new Borderless Banking offering is the next big Prometeo solution set to help firms make easier payments following Bank Account Validation offering announced in June 2024. The post Borderless Banking Launched by Prometeo to Make Cross-Border Payments appeared first on The Fintech Times.
SUNRATE , the global payment and treasurymanagement platform, today announced the launch of its maritime payments solution, aimed at empowering shipping companies and their key stakeholders at Sea Asia 2025.
This marks a major step towards instant and 24/7 treasurymanagement for both companies, optimising treasury and working capital management for Ant International and its entities.
PayRetailers , a leading payment processor in Latin America and Africa, has launched an enhanced Pix payment solution to assist betting operators in Brazil as they prepare for the new sports betting regulations set to take effect on 1 January 2025.
If cash concerns keep you up at night, you may need treasurymanagement software for your business. Treasurymanagement describes a whole range of working capital and cash flow concerns, and treasurymanagement tools serve to simplify that side of the balance sheet. What is TreasuryManagement Software?
Ant International and BNP Paribas have entered a strategic partnership to enhance cross-border payment solutions for European merchants and consumers. The partnership will also strengthen WorldFirst’s participation in the Single Euro Payments Area (SEPA) scheme.
German bank N26 is partnering with financial software firm Eurobase International for its treasurymanagement operations, BobsGuide reported on Monday (Nov. Headquartered in Berlin, N26 will use the Eurobase Siena platform to support its treasurymanagement operations throughout most of the Eurozone, U.K.,
He is also CEO of his new venture Genesis , a company formed to provide consulting and asset management services in the context of cryptocurrencies. Genesis plans to offer a “full suite of treasurymanagement services,” including audit and tax reporting, investment management, and custody and liquidity services for the industry.
Deus X Pay , a regulated stablecoin payment provider, announced the launch of NeXus , enabling instantaneous transfers at zero cost across the Deus X Pay ecosystem. With this innovative solution, businesses can enhance their financial operations and treasurymanagement.
Transfeera , a company from PayRetailers group specialising in financial solutions, has enhanced its Pix payment capabilities to support betting operators in Brazil as they adapt to new sports betting regulations that took effect on 1 January 2025. These tools streamline onboarding and prevent incorrect or fraudulent payments.
According to Turner, complex treasurymanagement systems are expensive and take a long time to implement — which might be fine for the largest of the large firms of the world, but not everyone. “They know they need to reach outside themselves to bridge that gap.” ”
Formosa Financial , a treasurymanagement system for organizations to manage their crypto assets, is collaborating with CoolBitX , a blockchain security company, a press release said on Thursday (Dec. The first phase of their partnership sees Formosa’s FMF token securing compatibility on CoolBitX’s crypto app.
Transfeera , a PayRetailers company specialising in payment solutions for businesses, is enhancing its Pix payment capabilities to help betting operators in Brazil adapt to new sports betting regulations. The new rules mandate that payments be processed exclusively through bank accounts registered to individual bettors.
Businesses of all sizes are doing their best to stay on top of changing payment trends and consumer expectations as the pandemic continues to impact how money is moved. The tool will enable PNC clients to disburse money at speed to their own clients as well as their employees, without having to fall back on legacy payment methods.
This collaboration allows MBANK to connect businesses and individuals in Kyrgyzstan directly to over 7 billion mobile wallets and bank accounts around the world, to make payments in real-time in over 130 countries and 80 currencies in a faster, more convenient, and reliable way.
Vilnius, Lithuania, March 5th, 2025, FinanceWire Deus X Pay , a regulated stablecoin payment provider, announced the launch of NeXus , enabling instantaneous transfers at zero cost across the Deus X Pay ecosystem. With this innovative solution, businesses can enhance their financial operations and treasurymanagement.
NYSE: CPAY), a global corporate payments company, today announced that it has signed a definitive agreement to acquire GPS Capital Markets , LLC. GPS provides business-to-business cross-border and treasurymanagement solutions to upper middle market companies, primarily in the US. Corpay, Inc.
Stablecoin payments provider MANSA has secured $10 million in funding. Stablecoin-based payments solutions company MANSA has raised $10 million to help payment companies alleviate global liquidity challenges. MANSA will use the funds to expand into Latin America and Southeast Asia.
Visa bolsters Asia Pacific product suite Payments giant Visa showcased a range of new products and solutions at Singapore Fintech Festival, revealing plans to roll them out across Asia Pacific. These include: Visa Flexible Credential – This enables a single card product to toggle between payment methods.
The treasurymanagement unit of PNC Bank is joining RippleNet, the firm said on Wednesday (Sept. PNC TreasuryManagement joined the Ripple cross-border payments network that uses blockchain to facilitate global transactions.
Earlier this week, Anis Rahal, CEO of treasurymanagement company TreasuryXpress, told PYMNTS that the API has potential to disrupt the treasurymanagement solutions space. Reports Wednesday (March 22) said TreasuryXpress has launched its API, Payment+. The API is the future of treasury,” Rahal said in a statement.
Nuvei Corporation (“Nuvei” or the “Company”), the Canadian fintech company, has announces the launch of an innovative blockchain-based payment solution for merchants across Latin America (LATAM).
PayRetailers , the payment processor in Latin America and Africa, has launched an enhanced Pix payment solution to assist betting operators in Brazil as they prepare for new sports betting regulations set to take effect on 1 January 2025.
BVNK , global stablecoin payment provider, announces the launch of a new product, Layer1. This self-hosted, self-custody digital asset infrastructure helps businesses launch stablecoin payments quickly and securely, while keeping full control and privacy over their digital assets.
Bank is working with payments service provider Billtrust to provide business customers with an accounts receivable solution. The platform, called Advance Receivables, will help automate invoicing and payments along with providing custom methods for collection of invoices, Alberto Casas, head of product for U.S.
As part of a broader effort to bring the newest innovations to its operations, the National Bank of Fujairah PJSC (NBF) has teamed with blockchain firm Ripple to enable cross-border payments via the RippleNet platform. The technology allows the bank to tap into Ripple ’s cross-border network and improve its user experience.
CheckAlt , which provides treasurymanagement and item processing, is partnering with OmniConnect, NXTsoft 's secure connectivity solution, to allow for faster real-time integrations, a press release says. Those fees can often require lengthy phone calls to reverse them.
GTreasury , a treasurymanagement system provider, is working with Goldman Sachs on a new solution to offer easier, more transparent B2B payments both at home and internationally, according to a press release. Goldman Sachs has also partnered with Amazon to offer lending through Goldman’s Marcus brand.
Airwallex, a global payments and financial platform, has formed a multi-year collaboration with the McLaren Formula 1 team. The collaboration will see McLaren utilising Airwallex’s services to improve its supply chain payments across the Formula 1 Grands Prix circuit.
Older treasurymanagement and B2B payments technology is constricting overall business, but the technology migration is also difficult, argues Bottomline Technologies' Bill Wardwell.
Bank of America (BofA) is introducing a cross-border payment tracker and expanding SWIFT gpi to support more than 140 currencies, accessible through the integrated CashPro platform. Customers can make payments via Bank of America’s SWIFT gpi solution. 10) press release. “Our 10) press release. and Ireland at SWIFT. .
In addition, DBS’ permissioned blockchain is integrated with Ant International’s Whale platform, enabling Ant International to seamlessly manage their intragroup liquidity on a 24/7 basis, thereby optimising workflow and visibility.
By using a network of vendors with existing payment and financial terms, TD Bank hopes to expedite the paper processing for supply chain transactions and treasurymanagement.
FXC Intelligence, a data platform specializing in the cross-border payment and e-commerce sectors, has released its annual selection of the world’s top cross-border payment companies, recognizing the leading publicly traded companies, startups and private companies operating in the space worldwide.
UK bank NatWest is partnering with Capco , the management and technology consultancy, as part of efforts to ensure a smooth transition for its systems and clients as the financial industry moves to adopt ISO 20022 for payments and reporting. These include an intelligent router, a payments orchestration layer, and a data sync layer.”
In B2B payments, the path to making transactions as seamless and invisible as possible is often about closing the gap that separates buyer and supplier. This combination of facilitating payment and data connectivity was the motivation behind Transcard's launch of automated account-to-account (A2A) transactions.
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