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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.
As the global demand for faster, more affordable, and increasingly transparent cross-border payments intensifies, Project Nexus is emerging as a foundational initiative to meet the G20’s ambitious roadmap. Eli Shoshani Eli Shoshani is Head of APAC at Bottomline , a leader in global business payments with extensive expertise in the region.
dLocal , the leading payment platform connecting global merchants to emerging markets, today announced the expansion of its partnership with Spreedly, the world’s leading Open Payments Platform. “By streamlining payment processes, we enable Spreedly’s customers to offer local payment options with minimal effort.
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. The APAC region led this trend, contributing nearly two-thirds of global spending, with a combined US$9.8
A new report by CMSPI, an American payment consultancy, produced in collaboration with Amazon, explores payment trends and regulations in Asia-Pacific (APAC), focusing on the impact of rising card fees on merchants and the regulatory responses to these challenges.
The Capgemini Research Institute’s World Payments Report 2025 , published today, reveals an industry set to be reimagined with account-to-account and instantpayments. Now celebrating its 20th anniversary edition, the report predicts instantpayments will account for 22% of all non-cash transaction volumes by 2028 globally.
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.
To get a sense of APAC’s up-and-coming fintech leaders, we take a look today at some of 2023’s largest VC-backed rounds fintech of funding in APAC, showcasing the startups that managed to beat the odds in the face of a challenging fundraising environment and global economic uncertainties.
With 355 million gamers contributing to an expected US$14 billion market in 2024, LatAm is emerging as a major growth region for global gaming companies, presenting considerable opportunities for Asia-Pacific (APAC) firms, according to Eduardo de Abreu, Vice President of Product at EBANX, a leader in localized payment solutions.
” – 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!
This initiative aims to create a multilateral framework, enabling a country’s instantpayment system to seamlessly connect with those of other nations through a single, streamlined integration. On asset tokenisation, Chia highlighted the introduction of a stablecoin regulatory framework.
It claims to provide access to the best payment services through one platform, one API, and one contract, removing the need for businesses to deal with a complex web of providers, gateways and local regulatory authorities. It is now targeting Apac and the Middle East.
The breakdown by region is as follows: 52% APAC, 20% Europe, 11% North America, 8% UK, 9% Middle East, Latin America (LATAM), and Africa. Across 12 insights, get instant visibility on how your strategy and pain points compare with your peers in banking and payments.
The Bank for International Settlements (BIS) and its partners have revealed the comprehensive blueprint for phase three of Project Nexus, which seeks to address longstanding challenges in international money transfers by leveraging the power of domestic instantpayment systems (IPS). How Does Project Nexus Work?
Nium , the global leader in real-time cross-border payments, today announced the expansion of its partnership with Thredd , a leading global payments processor, to issue virtual cards in the Asia Pacific (APAC) region. Download Nium’s latest research on how virtual cards are transforming the travel payments landscape here.
The bigger picture While certain countries are leading the way in the real-time payments market, regionally, Asia Pacific (APAC) is the largest ecosystem. per cent of all electronic payments in the region. With four of the top five real-time payments markets by volume, the APAC region is projected to see over 351.5
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 offer is completely aligned with the preferences in Latin America: internal data of EBANX show that more than 75% of B2B transactions in the EBANX platform are paid with alternative payments (other than cards). This enables businesses worldwide to engage in cross-border trade with confidence in the LatAm region. “We
one of Europe’s leading PayTech companies, today reveals that instantpayments is the top revenue growth driver in the payments sector, ahead of digital wallets, reward schemes, fraud and risk management and rising interest rates. Digital wallets, transaction fees and rising interest rates were also seen as major drivers.
Combatting fraud As the world becomes more interconnected and instantpayments gain prominence, the threat of fraud also rises. Push payment fraud, where funds are transferred to fraudulent accounts, is a significant concern. The immediacy of instantpayments demands precision and validation.
There has been a proliferation of real-time payments fraud, as new near-instantpayment platforms, including person-to-person (P2P) transfers and mobile payment platforms grow across Asia Pacific. .
This trend is persisting beyond the pandemic, solidifying digital payments’ position as the preferred mode of transaction in the post-COVID era. Trends impacting the Asian payments ecosystem Asia is witnessing a significant transformation, mainly driven by the InstantPayment trend.
Further, risk management remains the biggest requirement for treasuries because it relies on the visibility of data and the movement of funds across the world and technological disruption in the form of AI, open banking and APIs will increase the speed of change and bolster foundations for the G20 instantpayments roadmap to be fulfilled.
Neal: While still in its early stages, the European Payments Initiative (EPI) is playing a crucial role in reshaping the EU payment landscape. By competing with global giants, EPI is pushing Europe toward a more integrated, efficient, and competitive payment system.
The London-based fintech is planning expansion into new markets and sectors, building on its instantpayments and identity platform for igaming. Craig Ramsey, head of real-time and account-to-account payments at ACI Worldwide, has been elected to the US Faster Payments Council board of directors.
Asia Pacific (APAC) is the largest real-time payments market, with 185.8 of all electronic payments in the region. With four of the top five real-time payments markets by volume, the APAC region is projected to see over 351.5 and 42.6%, respectively. billion transactions in 2023, representing 24.0% billion by 2028.
Typical B2B payments can still take up to 14 days to be confirmed and involve up to six intermediaries, often with low visibility and high fees, according to EBANX’s annual study, Beyond Borders 2024. Internal EBANX data also shows that APMs power over 75 per cent of B2B transactions in the EBANX platform.
The holy grail of payments modernization can be boiled down into to one word: standardization. As the financial services industry seeks to expand the use and value of instantpayments linking cross-border transactions with always-on digital commerce, uniting far-flung stakeholders and fostering interoperability is key.
And while all of these are colossal shifts for the American people, the one even larger change stemming from the pandemic lies in the transition to faster payments. Since the release of that survey last year, there have been additional faster payments gains.
The event is poised to provide a comprehensive platform for professionals across the Asia-Pacific (APAC) region to explore the latest advancements in fintech across a wide range of sectors, including payments, banking, regtech, insurtech, lending, and more. That year, real-time payments represented 24.7% In 2021, it recorded 9.7
But, it is difficult to assess overall trends in the digitization of B2B payments across the globe, however, because Capgemini and BNP Paribas found broad discrepancies across geographic markets. Across mature APAC, however, CAGR remains at 7.3 percent through 2020, led by growing global trade as B2B payment volumes in the region rise.
The appointment underscores Xceptor’s continued investment and penetration into the APAC region. He was most recently head of APAC at Duco. Shopware merchants can now activate Pay by Bank (aka account-to-account or A2A payments), which enables their customers to pay instantly, directly from their bank account.
Buy Now, Pay Later (BNPL) in India has experienced a rapid increase in adoption, with its share of e-commerce sales in Asia-Pacific (APAC) surging from just 0.1% Additionally, LazyPay provides instant personal loans through its app, catering to a wide range of financial needs, from everyday purchases to emergencies.
How does the Brazilian payments sector compare to that of the rest of the world? The Brazilian payments sector is one of the world’s fastest-growing and most technologically advanced.
Regarding FedNow, Adyen was one of the first fintech platforms certified by the Federal Reserve to utilize its instantpayment infrastructure. Davi: If you look at real-time payments in the US, most of the activity is happening on the pay-out side or the account-to-account side of things. What is Adyen doing to enableFedNow?
Vertex and DTCP have also joined as new investors.The funding will fuel expansion into markets across the US, EMEA, and APAC regions, as well as dmpower anecdotes to introduce data-driven innovations to the GRC landscape.
By 2027, rising markets in LatAm, Africa and Apac will make up for 40% of the total value of B2B payments made online worldwide, and yet an estimated 70% of B2B transactions are still pretty much manual, according to Capgemini, lacking more seamless flows.
Each of these can have an NPP-linked PayID or be used for instantpayments. Different Payment Identifiers (PayID) A single person may have multiple PayIDs linked to different accounts (e.g., QRC Payments are immensely popular in APAC and are expected to gain momentum in Australia.
But the push into digital consumer banking proceeds apace, according to the numbers and management commentary. Mastercard Says Odds Favor InstantPayments for Online Gamers and Gamblers. Goldman echoed other investment/banking firms in its latest earnings announcement, noting that trading revenues helped buoy results.
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.
Stripe has emerged as one of the fastest-growing payment service providers (PSPs) in Asia-Pacific (APAC), expanding its footprint both geographically and through its broadening suite of financial products. Stripe entered APAC back in 2014 when it launched in Australia.
Mobile wallets have become a large and well-established market throughout the Asia-Pacific (APAC) region, featuring over 60 active brands and platforms, alongside numerous bank-backed apps, according to a recent e-book by Thunes, a Singapore-based cross-border payment infrastructure provider.
Moonfare Asia Pacific head Adam Banks, who joined Moonfare in October , noted that the firm’s APAC investor relations team is already “in active discussions with potential clients” in Australia. Kuady teamed up with BridgerPay to enhance payment solutions throughout Latin America.
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