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FXC Intelligence, a data platform specializing in the cross-border payment and e-commerce sectors, has released its annual Cross-Border Payments 100 list, highlighting the 100 most influential players in global payments. Released on May 08, the 2025 Cross-Border Payments 100 recognizes industry leaders across the sector.
The Challenge Cross-border payments are critical yet often costly and complex, especially for growing businesses expanding into Southeast Asia and South Asia. HitPay’s Cross-Border Payment Solution HitPay is thrilled to announce the launch of its revolutionary single switch to 10 global real-time payment schemes.
The e-wallets in APAC adoption are surging, transforming how millions manage their financial transactions. The two groups have set industry standards and earned recognition as Leaders in Forresters Wave evaluation of enterprise fraud management providers in APAC. Smartphones are at the core of this transformation.
A new report by Deloitte delves into the latest developments in the cross-border payment sector in Asia-Pacific (APAC), identifying four major trends reshaping the landscape and offering significant opportunities for merchants. trillion in consumer spending across channels in 2023.
In the Asia-Pacific (APAC) region, the economic growth narrative is interwoven with technological innovation, propelling the B2B payments market into new realms of possibility. Amidst the APAC region’s rapid economic ascent and the explosion of digital commerce, cross-border payment practices have noticed an evolution.
This approval allows Gemini to provide cross-border money transfer and digital payment token services in Singapore. Gemini shared in a statement, “Singapore has long been the heart of our operations in APAC. The company is expanding its team in Singapore to support its growth and ensure adherence to local regulations.
Money20/20 , the global fintech show, is gearing up to return to Asia from 22 to 24 April 2025, with plans to spotlight cross-border payments. Cross-border payment has been a dominant theme in Asias financial ecosystem. See the Money20/20 Asia 2025 agenda here.
This strategic move reflects Checkout.com’s continued commitment to delivering high-performance, localized payment solutions across APAC, designed to meet the evolving needs of both domestic and global merchants. To lead this expansion, Checkout.com has appointed Noriko Sasaki as Country Manager for Japan.
In a recent webinar hosted by the Fintech News Network, experts from the Bank for International Settlements (BIS), Wise, Airwallex, and LexisNexis Risk Solutions explored the latest trends and developments in cross-border payments, emphasizing the pioneering role of Southeast Asia in this rapidly evolving landscape.
The partnership is focused on enhancing cross-border payment services for e-commerce merchants in APAC. Integrating with Unlimit enables businesses all around the world to smoothly and efficiently expand across APAC, EMEA, LATAM, the UK, India, and Africa. significant surge in import-export volume in 2023.
Licensed as a Major Payment Institution (MPI) by the Monetary Authority of Singapore (MAS), OPAL offers domestic and cross-border payments, payment accounts, and e-money services. B2B embedded cross-border solutions provider Currencycloud played a crucial role by providing the APIs necessary for a seamless and user-friendly experience.
In a recent interview, Rohit Narang, Vice President for the Asia-Pacific region at Visa Cross-Border Solutions, powered by Currencycloud, shared insights into the acquisition of Currencycloud by Visa, shedding light on the evolution of their collaboration and the impact it has had on global money movement.
This collaboration, formalised through a Memorandum of Understanding (MOU) at the Money 20/20 Asia conference in Bangkok, aims to improve real-time, cross-border payment services between Indonesia and the international market. ” said Anupam Pahuja, Regional Executive Vice President of APAC & MEA.
The ambitious initiative is targeting to transform cross-border payments in Southeast Asia (ASEAN) initially, before the broader Asia Pacific (APAC) region and, eventually, the world. Nexus is designed to standardise the way domestic payment systems connect with each other across borders. How Does Project Nexus Work?
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.
dLocal , the leading cross-border payment platform specializing in high-growth markets, today announced its strategic partnership with iTransfer , a prominent cross-border payments company with a significant presence in EMEA, Latin America, and APAC.
Global payments company Nium has appointed Alyssa-Jane Tan as its Director of Marketing for the Asia-Pacific (APAC) and Middle East & Africa (MEA) regions. and Audience Growth Manager at Google APAC, where she developed strategies for digital marketing and customer retention. Google, and ShopBack.
In the dynamic financial landscape of the Asia-Pacific (APAC) region, private banks, asset managers, fund managers, and other capital market participants are increasingly recognising the pivotal role of Swift connectivity. March 2023 marked the start of the migration with a coexistence period with MT messages.
Corpay, Inc.* , (NYSE: CPAY), a global leader in corporate payments, is pleased to announce the latest expansion of its Cross-Border business with the establishment of a new office in Auckland, New Zealand. link] ; a full listing of the companies that are part of Corpay Cross-Border is available here: [link].
Nium , the leading global infrastructure for real-time cross-border payments, today announced a partnership with Ecobank Transnational Incorporated., the leading independent pan-African financial services group, to enable seamless cross-border payments across 35 African markets for more than 32 million customers.
With a highly skilled international workforce, long-established support for innovation and a well-developed reputation as a global finance hub, cross-border payments in Singapore have the makings of a global hub. These figures emphasize the high focus on cross-border payments in the domestic payment market.
dLocal (NASDAQ: DLO), a leading cross-border payment platform for emerging markets, announces today an expanded relationship with PayPal to offer businesses access to payment processing and local payment methods in more than 40 new untapped emerging markets.
Cross-border payments are now entrenched in the global economy, with 771 million people using them every year, according to payments giant Visa. To better understand these shifting needs, a recent Visa report surveyed 6,500 consumers who made cross-border payments in the past year.
Scarlett Sieber “We’re delighted that so many of the key regulators across the APAC region have chosen Money20/20 as the place to showcase how they’re fostering innovation and creating frameworks for growth in the region and across the world. The agenda also includes sessions on complex issues such as cross-border payments.
This collaboration aims to meet the increasing demand from Thredd’s clients for more flexible card programmes, especially those requiring cross-border card issuance. This partnership is expected to support Thredd’s international expansion, enabling clients in Europe and APAC to operate card programmes on the Discover Global Network.
It notes that while COVID-19 accelerated the digital shift, Asia-Pacific (APAC) still face significant financial inclusion challenges with 820 million unbanked and 1.8 Moreover, ongoing ASEAN integration initiatives to connect real-time payment systems are boosting cross-border digital payments and fueling regional commerce.
Rohit Narang , managing director of APAC, Currencycloud said: “The IPA for a Major Payment Institution Licence is testament to the strength of the Currencycloud brand. The post Currencycloud Facilitates Seamless Cross-Border Payments with Singapore MPI Licence appeared first on The Fintech Times.
Recognized as one of the world’s leading FinTech events, this year’s festival brought together over 900 speakers and tens of thousands of participants from around the world to focus on topics including opportunities and risks of AI in finance, next-gen cross-border transactions, and developing the FinTech talent of tomorrow.
Nium, a major player in real-time cross-border payments, has announced an expansion of its partnership with Thredd , a global payments processor. The collaboration will focus on issuing virtual cards within the Asia Pacific (APAC) region, aimed at facilitating payments for travel intermediaries such as hotels and airlines.
On the international front, cross-border payments have presented a different set of challenges. Nium becomes the first fintech to join Partior Network: Nium announced a partnership with blockchain-based Partior to enable financial institutions to access real-time, cross-border payments.
Yuno , the world’s leading payment orchestration platform, today announced the appointment of SheueChee Beh as its new Head of Partnerships for APAC. SheueChee is actively involved in community-based initiatives across the APAC region and is also a recipient of Money2020’s prestigious RiseUp leadership program.
The fintech landscape in the Asia Pacific (APAC) region has been evolving at a remarkable pace, with start-ups and established companies redefining how financial services are delivered and consumed. Today, we will explore five top fintech trends in the APAC region for 2024, supported by statistics and insightful information.
One of the challenges is the complexity and cost of cross-border banking. The company processes 9 billion in cross-border transactions every month, saving consumers 1.5 The partnership comes as small businesses face significant barriers to global expansion. billion a year.
and Europe, WorldFirst supports same-day settlement for payments to markets in the APAC region, including the the Chinese mainland, Singapore, Hong Kong SAR of China, Australia, Vietnam, Malaysia, Thailand, Japan and New Zealand, compared to the typical 2-5 days banks in the region usually require. In the U.K.
Scott Duane, APAC General Manager at WEX, commented, This dynamic partnership seamlessly integrates WEX’s cutting-edge technology and virtual cards with Concur’s forefront Expense Management, Travel and Invoice Software. This unlocks faster and more secure payments.
In an era marked by rapid technological evolution, the finance function within businesses stands at the forefront of digital transformation in the Asia Pacific (APAC). Digital transformation in APAC This digital acceleration suggests a future where AI and automation streamline operations and unlock new avenues for innovation and growth.
FinTech dLocal , which specializes in cross-border payments for emerging markets, has announced its expanded its payments network to include Indonesia, Ecuador and Bolivia. Payments infrastructure in LATAM, APAC, and MENA is fragmented and complex,” Sebastian Kanovich, CEO of dLocal, said in a press release.
By acquiring CTIN Pay, Airwallex plans to expand its existing licences across Asia-Pacific (APAC) markets, which already include Australia, Singapore , Hong Kong, Malaysia, New Zealand, mainland China, and Japan. By addressing financial challenges in these markets, we empower local businesses to expand beyond borders.
” – Head GRC Consultant for Europe & APAC, Finance Advisory at EPAM Systems (CH) GmbH “Incredible lineup of speakers with so many different topics of discussion; innovation, the way the future of payments looks! .”- Partner at Grant Thornton Cyprus “Perfectly organised!
For decades banks have been at the centre of the cross-border payments market and have gone largely unchallenged. In recent years, more and more players are emerging in this space, eyeing a piece of the US$ 156 trillion pie.
Thredd , a leading global payments processor, announces the successful launch of LianLian Global’s virtual card program in the APAC market. LianLian Global is a leading cross-border payments company based in China. In addition to Thredd’s growing presence in the APAC market, they have also recently launched in the U.S.
XTransfer , China’s top B2B cross-border trade payment platform, and EBANX , the leading payment platform connecting global companies with customers in Latin America, Africa, and Asia, announced a strategic partnership aimed at streamlining B2B trade payments in Latin America.
By improving liquidity and accessibility, we are enabling faster, more transparent, efficient, and cost-effective on-chain cross-border payment flows. Jason Tay “The listing of XSGD on Bitstamp is a pivotal moment in our mission to bring StraitsX’s stablecoins to the global stage.
Resolved: The highest priorities for banks and credit card companies in today’s payments landscape are cross-border payments, relationships with FinTechs and cloud-based technology. Here’s a topic for debate. It would be a spirited debate and one that frequently plays out among the executives that color the content of pages.
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