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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 globalpayments. The company is currently valued at US$5.5 Alipay boasts more than 1.6
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. These diverse payment modalities symbolise businesses’ dynamic strategies to navigate the varied financial terrains across the Asia-Pacific region.
The partnership is focused on enhancing cross-borderpayment services for e-commerce merchants in APAC. Unlimit’s globalpayment portfolio consists of 1,000+ directly integrated payment methods and local acquiring licenses operating across 5 continents. This was driven by a 19.6% rise in exports.
Globalpayments company Nium has announced a new partnership with Artajasa, a prominent Indonesian payment infrastructure provider. Anupam PahujaN “Nium’s growth in APAC reflects our dedication to transforming the global financial landscape.
FXC Intelligence, a data platform specializing in the cross-borderpayment and e-commerce sectors, has released its annual selection of the world’s top cross-borderpayment companies, recognizing the leading publicly traded companies, startups and private companies operating in the space worldwide.
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].
Globalpayments company Nium has appointed Alyssa-Jane Tan as its Director of Marketing for the Asia-Pacific (APAC) and Middle East & Africa (MEA) regions. Her previous positions include Head of Global B2C & New Business at Razer Inc. Google, and ShopBack.
Nium , the leading global infrastructure for real-time cross-borderpayments, today announced a partnership with Ecobank Transnational Incorporated., the leading independent pan-African financial services group, to enable seamless cross-borderpayments 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-borderpayments in Singapore have the makings of a global hub. These figures emphasize the high focus on cross-borderpayments in the domestic payment market.
Nium, a major player in real-time cross-borderpayments, has announced an expansion of its partnership with Thredd , a globalpayments processor. The move is in response to growing transaction volumes in the global B2B travel market, which are expected to hit US$1.7 trillion by 2027. trillion by 2027.
Thredd, a growing globalpayments platform, has announced its partnership with Discover Global Network at the Money20/20 Europe event. This collaboration aims to meet the increasing demand from Thredd’s clients for more flexible card programmes, especially those requiring cross-border card issuance.
TerraPay , a global leader in digital cross-borderpayments, today announced that it has been granted a Class B license by Bank Negara Malaysia (BNM). Malaysia stands as one of the largest cross-border remittance and trade corridors in the Asia-Pacific region.
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.
TransferMate Announces Strategic Partnership with Deutsche Bank Embedded B2B payments infrastructure-as-a-service company TransferMate has forged a strategic partnership with Deutsche Bank. The partnership will enable TransferMate to provide in-country collections, cross-borderpayments, and local fund storage.
The programmability of value-added financial services will enable new business models and enhance the efficiency and transparency of cross-borderpayments. Digital currency systems could prove to be key in improving financial inclusion and opening up new opportunities to large underbanked communities in many African countries.
Airwallex , the globalpayments and financial platform for growing businesses, is set to acquire CTIN Pay , a Vietnam-based Intermediary Payment Service (IPS). By addressing financial challenges in these markets, we empower local businesses to expand beyond borders.
Thredd , a leading globalpayments processor, announces the successful launch of LianLian Global’s virtual card program in the APAC market. LianLian Global is a leading cross-borderpayments company based in China. with their second U.S. client, Spendbase, due to go live in Q4 of this year.
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. Here’s a topic for debate. However, it’s hard to believe Visa and its partner TransferWise would take the opposite side of the debate.
Globalpayments platform Thredd announced the appointment of Brian Kieley as Chief Client Officer. Kieley, effective immediately, will oversee the client success function globally, managing teams in the UK, Europe, APAC, and the U.S. I’m looking forward to being a part of their growth journey.”
Swift has today announced two AI-based experiments in collaboration with its member banks, to explore how the technology could assist in combatting cross-borderpayments fraud and save the industry billions in fraud-related costs.
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 globalpayments company LianLian Global to help the Singapore-based company launch its virtual card program in the APAC market.
Singapore-based fintech firm Lightnet has entered a global partnership with B2B globalpayments infrastructure-as-a-service provider TransferMate with the aim to enhance cross-border remittance and payment solutions. We aim to enhance our customer experience and remove transaction barriers.
Over 500,000 bank POS terminals will support cross-border mobile payments via Alipay+, including Unifree Duty Free at Istanbul Airport. XTransfer , the Chinese B2B cross-border trade payment platform, and OCBC, a financial services group in Southeast Asia, have also formed a partnership.
In global commerce, cross-border B2B payments are crucial, yet hindered by complexity, high costs, and slow processing times. In global commerce, cross-border B2B payments are crucial, yet hindered by complexity, high costs, and slow processing times. Then at 3:00 p.m.
Airwallex CEO and Co-Founder Jack Zhang — empowering businesses to grow beyond borders In today’s episode, Kailee Costello hosts Jack Zhang , the CEO and co-founder of Airwallex. Airwallex is a fintech company that revolutionizes the way that businesses operate globally. Making payments, it’s very expensive and inefficient.
1 B2B Cross-Border Trade Payment Platform, is excited to announce a strategic partnership with TerraPay , a leading global money movement company. This partnership will be instrumental in boosting cross-border trade while significantly broadening the spectrum of payment methods available to SMEs.
Nium , the global leader in real-time cross-borderpayments, today announced the expansion of its partnership with Thredd , a leading globalpayments processor, to issue virtual cards in the Asia Pacific (APAC) region.
Ebury , one of the world’s largest fintech companies specializing in transactions for SMEs, today announced its partnership expansion with Nium , the leader in real-time globalpayments, to deliver a groundbreaking global remittance service in Brazil. Executive Director at Ebury Bank in Brazil.
This partnership is a testament to how forward-thinking banks like CIMB can lead in a digital-first economy in Malaysia and across ASEAN,” said Leslie Choo, Senior Vice President, Managing Director – APAC, ACI Worldwide.
Other sessions also delved into key trends and issues shaping the globalpayment landscape, including open banking in Europe, the QR code revolution in Asia as well as the US’s card dominance. The collaboration aims facilitate seamless, real-time cross-border transfers between Indonesia and other countries.
Enhancing cross-borderpayment services for e-commerce merchants in APAC, Unlimit , the globalpayments fintech has partnered with Shoplazza , the AI-commerce tech firm. China’s e-commerce market is currently the largest worldwide and accounts for nearly 50 per cent of global transactions.
The publication said SWIFT is in discussions to create a consortium of financial institutions across Australia, China, Singapore and Thailand to develop a cross-border, real-time payment service for the region powered by SWIFT’s gpi (globalpayments innovation) technology.
Cross River Provides embedded payments, banking, and lending infrastructure for fintechs, with a strong compliance focus. It is non-negotiable for any business handling payments, onboarding customers, or moving money across borders. Best for : SMEs needing efficient cross-border banking.
Meanwhile, Google reported that demand for international travel in Asia-Pacific (APAC) skyrocketed to 85% above 2019 levels in 2023, while domestic travel demand surged by 52%. In Southeast Asia, South Korea and Japan, growth in tourism spending, coupled with cross-border e-commerce, is expected to fuel the estimated US$232.4
PPRO , the leading local payments platform, has today announced its entry into the US market enabling globalpayment service providers (PSPs) and merchants to reach millions of US consumers via a single API. This follows PPRO’s previous successful geographic expansion into the APAC region and LatAm.
Nium , the leader in real-time cross-borderpayments, announced today that it is the first non-Japanese company to have secured a Type 1 Funds Transfer Service Provider (FTSP) license from the Japanese Financial Services Agency (JFSA).
Ebury , the fintech specialising in transactions for SMEs, has expanded its partnership with Nium , the real-time globalpayments company, to deliver a new global remittance service in Brazil. Currently, Nium’s payment network supports payouts in over 100 currencies to more than 190 countries, 100 of them in real-time.
Goldman Sachs recently announced that it will offer its GlobalPayments capabilities on the SAP Ariba Network, a solution designed to enable faster, more affordable cross-border B2B payments. small and medium-sized law firms looking to ease the pain of accepting costly transactions from clients across borders.
“From a payments perspective, carrier billing provides this advantage, as it simplifies user onboarding and boosts conversion compared to traditional payment methods.”. Myanmar -based MySQUAR has rolled out a cross-border remittance service in a soft launch for its mobile money platform, Proactive Investors reported.
Ellis previously served as CFO at Flywire , a globalpayment solutions provider, as well as CFO and advisor to BillGO , a bill pay platform and network. Montonio, the European payment and ecommerce solutions provider, appoints Johan Nord as its new CEO.
Thredd , a rapidly expanding next-generation globalpayments platform, today announced on the Money20/20 Europe stage its collaboration with Discover Global Network. This alliance will enable Discover Global Network to operate in a more seamless way by tapping into new markets across the globe.”
Wavemaker Group (USA and Singapore) Wavemaker Group is a multi-faceted cross-border VC firm founded in 2003. SOSV has been among the most active startup investors in Singapore, having participated in 27 rounds involving startups from the city-state over the past 24 months, data from Tech in Asia show.
More appointments 10x Banking, the cloud-native SaaS core banking platform, appoints Will Dale as its regional vice president in APAC. Nium, the real-time cross-borderpayments company, is teaming up with Artajasa, an Indonesian payment infrastructure companies.
B2B payments are an instrumental component of global trade and of setting the stage for currencies to operate as global instruments of cross-border trade. In a chat with PYMNTS, Moon emphasized the role of cross-border B2B payments in the ability of the RMB to remain a strong contender in globalpayments.
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