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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.
Citi (NYSE: C) and Bank of Shanghai launched a first-of-its-kind paymentssolution on Bank of Shanghai ’s TourCard. The TourCard aims to provide international travelers a straightforward, cost-efficient and more streamlined Chinese yuan renminbi (CNY) payment journey while traveling in China.
In Asia-Pacific (APAC), the payment landscape is rapidly evolving, driven by the integration of advanced technologies, growing use of alternative payment methods and the rise of digital currencies. of e-commerce payments in 2022 to 4.4% APAC leads the world in digital wallet adoption.
Singapore-based fintech firm Lightnet has entered a global partnership with B2B global payments infrastructure-as-a-service provider TransferMate with the aim to enhance cross-border remittance and paymentsolutions. Under the agreement, Lightnet will integrate TransferMate’s global payments network into its platform.
SBPS will benefit from access to Nomupay’s single API and gateway-agnostic, single, back office platform, offering a range of payment options and scalability. “Nomupay offers a wide range of services in the payment field in Asia, and can meet flexible and diverse needs. .”
By leveraging dLocal’s platform, global customers of PayPal Enterprise Payments , previously known as Braintree, can now easily accept cards and process local and alternative payment methods across Latin America, EMEA, and APAC markets without needing to establish local entities.
This includes QR code payment settlements and multi-currency transaction capabilities, providing businesses with more secure and streamlined internationalpayment options. This announcement recognises FOMO Pay’s dedication to fostering financial inclusion and growth across the APAC region and beyond.”
This integration signifies Singapore as the inaugural country where Wise has connected with two local payment systems, building on its previous integration with the FAST system in 2022. In a broader regional expansion, Wise Platform has initiated collaborations with Hong Kong’s Mox to offer simplified internationalpaymentsolutions.
In February 2022, OPAL introduced its flagship product, the Global Digital Business Account, aimed at providing small- and mid-sized enterprises (SMEs) with an efficient and convenient way to handle internationalpayments and cross-border banking. Overall, it made us more accessible, transparent, and efficient,” Appel explained.
This partnership is set to facilitate international business opportunities for India’s micro, small, and medium-sized enterprises (MSMEs), offering access to a broad range of cross-border paymentsolutions in more than 35 currencies.
a paymentsolution provider in Thailand, has announced a new partnership with Wise Platform, which provides infrastructure for banks and financial services. We’re delighted to partner with Wise Platform to bring that to life, enabling DeepPocket users to access cheaper and faster internationalpayments seamlessly within the app.
Wise’s office space in Paya Lebar Quarter has been expanded to 23,000 square feet, making it its Asia Pacific (APAC) hub, where 450 employees work—more than double the number in 2022. Arvind Guruprasad has also joined Wise in Singapore as its APAC Head of Risk. Wise says its customer base in Singapore has grown 26% year-on-year (YoY).
JCB International , Japan’s internationalpayment brand, is expanding its global partnership with Nuvei Corporation , the Canadian fintech company, to include the Asia-Pacific (APAC) region. Nuvei also explained that the development is particularly significant for its customers in the APAC region.
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.
Industry hires Guavapay, a provider of end-to-end paymentsolutions headquartered in London, UK, appoints Guy Noble as its new CEO for Guavapay UK. She has over two decades of experience in leading global marketing teams across the US, EMEA and APAC.
Top 100 Cross-Border Payment Companies for 2024, Source: FXC Intelligence, Apr 2024 The Top 100 Cross-Border Payment Companies for 2024 list encompasses companies operating across consumer money transfers and remittances, business-to-business (B2B) payments, e-commerce companies, payment processors, mobile payments players and beyond.
The collaboration between Currencycloud and BriskPe unlocks new horizons for Indian micro, small and medium-sized enterprises (MSMEs), providing them with a wide array of cross-border paymentsolutions and access to over 35 currencies at competitive exchange rates.
Aspire Aspire illustration, Source: Aspire Aspire is the all-in-one finance platform for modern businesses globally, helping over 50,000 companies save time and money with internationalpayments, expense management, payable management, and receivable management solutions.
In his previous role as SVP and Managing Director International at Marqeta he was responsible for building the company’s go-to-market and operational functions internationally and advancing the company’s service offerings in its key markets across Europe and APAC.
The partnership will open up international business opportunities for its India-based micro, small and medium sized enterprise (MSME) customers, providing them with a broad, efficient range of cross-border paymentsolutions with access to more than 35 currencies while benefiting from competitive FX rates.
Unlimit , the global fintech company, announced today a global partnership with VTEX (NYSE: VTEX), the composable and complete commerce platform for premier brands and retailers to further succeed with integrated global and agile payment service solutions. Merchants in the UK, U.S.
Vieira continued, adding: “Over the last 30 years, we have developed deep expertise in the cross-border payment space and have found tremendous success in partnering with globally recognized institutions that have digital and transformative ambitions.
The announcement follows regulatory approval of Ebury’s acquisition of Brazilian fintech Bexs , which includes the businesses Bexs Banco (foreign exchange) and Bexs Pay (payments) in October 2023. Currently, Nium’s payment network supports payouts in over 100 currencies to more than 190 countries, 100 of them in real-time.
Worldline partners with BOCHK Internationalpayment services company Worldline has forged a partnership with the Bank of China (Hong Kong), also known as BOCHK. The partnership makes the bank the first Hong Kong-based customer of Worldline’s open platform card solution, Paysuite Essential Edition. .
In March 2024, Wise integrated with the PayNow network to enable tourists to make QR payments to Singaporean merchants via its app, its first such local payment system integration since its previous one with the FAST system in 2022.
Welcome to The Axis, your late look at payments news from around the world. In addition, Australia Post is deploying a multilane paymentsolution from Verifone , and MySQUAR has rolled out a soft-launch of a remittance service. Coverage includes Fortumo ’s rollout of direct carrier billing in Sweden.
This builds on the duo’s existing partnership in Europe, in which London-based fintech Ebury leverages Nium’s global payments infrastructure to send international supplier and payroll payments around the world. Building on its global customer base and breadth of coverage across APAC, the U.S.
Aspire (Singapore) Headquartered in Singapore, Aspire is the all-in-one finance platform for modern businesses, helping over 15,000 companies across Asia save time and money with internationalpayments, expense management, payable management, and receivable management solutions, all through one account.
Regulatory alignment platform Fund Recs has appointed Shane Flatman as its strategy and business development director, APAC to expand its footprint in the region. Over the course of his career, he has held several leadership roles at UBS, Wachovia Bank, J.P. Morgan and Goldman Sachs.
More appointments 10x Banking, the cloud-native SaaS core banking platform, appoints Will Dale as its regional vice president in APAC. Airwallex, a global payments and financial platform for modern businesses, partners with Bird (formerly MessageBird), a global communication platform, to power Bird’s internationalpayments operations.
Invoiced A cloud-based billing platform that automates invoicing, collections, payment plans, and account receivables management. Bill.com A business paymentssolution that automates accounts payable, accounts receivable, and invoice workflows, integrated with major accounting systems.
A provider of digital wealth management and financial planning solutions since 2010, InvestCloud was named a CNBC “World’s Top Fintech Company” earlier this year. Central and Eastern Europe Romanian payment service Pago secured $2.5 Romania’s national mobile payment system, RoPay, went live this week.
As a part of the joint venture, SBI Holdings will launch an engineering and business development team to sell and install Ripple’s cross-border paymentssolutions for banks across the Asia region: Japan. Australia-based Ripple APAC will continue to service Australia, New Zealand, Singapore, India and the Middle East.
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