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Thunes Launches New Global Business Payments Service

Fintech News

The new solution provides access to local Automated Clearing House (ACH) systems in over 50 countries. Businesses can also process US dollar wire transfers to more than 170 countries and make payments in over 30 currencies, including USD, EUR, and CNY. The launch is targeted at members of Thunes’ Direct Global Network.

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Citi and Mastercard Join Forces to Transform Global Cross-Border Payments

Fintech Finance

Today, Citi and Mastercard announced a collaboration to offer cross-border payments to Mastercard debit cards in 14 receiving markets [1] worldwide, with plans for further expansion. Mastercard is one of the largest payment networks, with over 3.4 billion debit, prepaid and credit cards issued globally as of Q2 2024.

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Live Oak Bank Implements Finzly’s Fedwire Solution

Finovate

The goal of the new format is to enhance the quality of financial messaging, facilitate cross-border payments, and reduce manual processing. Finzly’s Fedwire solution provides instant settlement, real-time visibility, and complete automation for Fedwire payments.

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Finding the Right Payment Pathway: International Payments Launched by Cross River Bank

The Fintech Times

To offer businesses seamless, efficient and cost-effective cross-border transactions, Cross River Bank , a tech infrastructure provider that offers embedded financial solutions has announced the launch of its new International Payments solution.

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Collaboration Is Key For Consensus On Cross-Border Payments

PYMNTS

According to the new Simplifying Cross-Border Payments Playbook , there are five key criteria that an ideal cross-border payment solution should meet: speed, security, compliance, transparency and ubiquity. How Cross-Border Payments Are Made. So, what’s the problem? What’s Changing?

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2024 Payment Methods Report: Overview, Insights, and Statistics

Clearly Payments

While still niche, these options could play a larger role in cross-border payments, with stablecoins providing a more stable digital currency alternative. Cryptocurrencies and Stablecoins : Cryptocurrencies and stablecoins are expected to see greater adoption as transaction fees decrease and regulatory clarity improves.

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FV Bank Announces Launch of SWIFT Services to Enhance Global Payment Capabilities

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.

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