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FXC Intelligence, a data platform specializing in the cross-borderpayment and e-commerce sectors, has released its annual Cross-BorderPayments 100 list, highlighting the 100 most influential players in global payments. The company is currently valued at US$5.5 billion, according to CB Insights.
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-borderpayments, emphasizing the pioneering role of Southeast Asia in this rapidly evolving landscape.
The in-principle approval (IPA) for a major payment institution (MPI) licence means Currenycloud can offer customers based in Asia Pacific the ability to collect, convert, hold, send, and spend multiple currencies simultaneously across 180 countries and territories.
The conversation delved into the transformation journey of Currencycloud into Visa Cross-Border Solutions , a foreign exchange and cross-borderpayments solution within Visa, and how it addresses the challenges of cross-borderpayments in today’s fintech landscape.
Looking to simplify this, Currencycloud , the company simplifying business in a multi-currency world, and Pyvio (Hong Kong), the fintech building ‘Glocal’ financial services infrastructure, have announced a new partnership. In turn, this will make the cross-borderpayments process not only more efficient but more cost-effective too.
. “Having the license would allow us to integrate with the robust financial network in Singapore and collaborate with valuable industry players,” said the company’s Managing Director of APAC Rohit Narang. ” Founded in 2012, Currencycloud facilitates cross-border, multi-currency transactions.
Currencycloud , experts simplifying business in a multi-currency world, and Pyvio (Hong Kong), the fintech building ‘Glocal’ financial services infrastructure, have announced a partnership offering efficient and cost-effective cross-borderpayment solutions for Chinese e-commerce businesses operating in emerging markets.
LianLian Global has tapped Thredd to help it launch a virtual card program in the APAC market. Digital payment solutions company Thredd announced a partnership with global payments company LianLian Global to help the Singapore-based company launch its virtual card program in the APAC market. having secured its second U.S.
Treezor Enables card issuance, bank accounts, payment processing, and lending via a unified API layer. Best for : Platforms requiring multi-product financial offerings. Best for : Fintechs needing access to UK payments rails like FPS, BACS, and CHAPS. Best for : Startups and enterprises already using Stripe for payments.
Previously called “Cardlite,” the solution will enable BOCHK to enhance the customer experience with new offerings, including its multi-currency Mastercard debit card. The partnership makes the bank the first Hong Kong-based customer of Worldline’s open platform card solution, Paysuite Essential Edition.
Currencycloud, the experts in simplifying business in a multi-currency world, has partnered with BriskPe , the Mumbai-based cross-borderpayments Fintech, to expand BriskPe’s customers’ payment options.
Resolved: The highest priorities for banks and credit card companies in today’s payments landscape are cross-borderpayments, relationships with FinTechs and cloud-based technology. That can help gig economy workers and freelancers get paid more quickly, in their currencies of choice. Here’s a topic for debate.
Amazon and dLocal, a company that specializes in cross-borderpayments for up-and-coming countries, have teamed up on payment services in Chile, according to a release. Figuring out payment infrastructure in countries like Chile or in LATAM , MENA or APAC is complicated and multi-faceted.
Currencycloud , a Visa solution and the experts in simplifying business in a multi-currency world, has obtained an In-Principle Approval (IPA) for a Major Payment Institution (MPI) licence holder from the Monetary Authority of Singapore (MAS).
Weel , Australia’s leading spend management platform, and Nium , the leader in real-time cross-borderpayments, today announced a new strategic partnership to help finance teams better manage their corporate spend.
In this week’s Finovate Global interview, I talk with Lewis Ide , Vice President for 10x Banking , about the opportunities in high-growth markets in APAC and Africa. He has a 13-year career in financial services technology with leadership roles in payments, financial infrastructure, and AML platforms.
Its platform offers real-time payments, multi-currency account management, automated hedging, and competitive FX rates. Finmo secured a Major Payment Institution (MPI) license from the Monetary Authority of Singapore in August 2023. ” said Ganesh Rengaswamy, Co-Founder and Managing Partner at Quona.
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