PYMNTS

JULY 26, 2019

The modern-day financial services landscape has a need for speed, and one of the slowest areas of the market can be seen in cross-border payments. Remittance and peer-to-peer payment technologies have accelerated transaction speeds for consumers tired of waiting days for money to move across borders.

Cross-Border Payments

The Fintech Times

FEBRUARY 28, 2024

When you think about financial technology, it is easy to think about solutions which are making payments faster, easier and more accessible. Having explored the evolution of cross-border payments to date, we now turn our attention to the biggest barriers that may be limiting and slowing the growth of the space.

Cross-Border Payments

PYMNTS

SEPTEMBER 11, 2019

Enterprise software provider R3 is teaming up with Mastercard to establish a blockchain solution for cross-border payments, the companies said in a press release on Wednesday (Sept. More than 300 financial services firms, technology companies, banks, regulators and associations are part of R3’s Corda ecosystem.

Cross-Border Payments

Fintech Finance

AUGUST 12, 2024

Nium , the global leader in real-time cross-border payments, is strengthening its presence in Latin America by applying for essential licenses, joining key fintech associations, expanding its employee presence, and signing new customers. Nium has been present in the region dating back to 2017.

Real Time Payments

The Fintech Times

OCTOBER 21, 2024

Payments giant Mastercard has launched a new cross-border payments solution in a move to simplify operations, optimise liquidity, reduce counterparty risk and provide end-to-end visibility for banks and their customers.

Cross-Border

PYMNTS

DECEMBER 15, 2020

In this regard, payment networks, payment rails and financial institution (FI) infrastructures can all collaborate together to adapt to emerging use cases, including the need to move data along with money. Bank Of America Wields SWIFT gpi. Scotiabank Launches Real-Time Payments For Businesses.

Innovation

The Fintech Times

AUGUST 13, 2024

Nium , the global real-time cross-border payments provider, is looking to strengthen its presence in Latin America by applying for new payment licenses, joining fintech associations, growing its team, and signing new customers.

Cross-Border Payments

PYMNTS

MARCH 7, 2019

Moving funds between subsidiaries, paying employees in different locations and other internal company payment needs become just as complicated as making an external global payment, he said. Cross-Border Payments Friction. Yet the pain points continue. Mixing Crypto With Fiat.

B2B

PYMNTS

OCTOBER 6, 2016

All of this has occurred as the company has continued to expand the pilot phase of its global payments innovation (gpi) initiative, thus far signing on dozens of major financial institutions to an effort aimed at streamlining cross-border payments.

SWIFT

PYMNTS

OCTOBER 2, 2018

Cross-border payments technology provider AscendantFX is bolstering its offering for financial institutions (FIs) through an integration with WireXchange, the wire transfer service operated by Fiserv. The integration follows ongoing change in the payments landscape, leading banks to demand more agile, efficient payment services.

Cross-Border Payments

PYMNTS

MAY 3, 2019

However, with business owners and entrepreneurs often taking a page out of their personal lives as consumers, the eventual adoption of emerging solutions is an inevitable part of FinTech innovation. Only a few years ago, small businesses lagged in global payments technology uptake.

Global Payments

PYMNTS

APRIL 1, 2019

The jockeying for cross border-payments continues, and SWIFT and Ripple continue to dominate the headlines. As noted, SWIFT has rolled out its gpi (short for global payments initiative). As noted, SWIFT has rolled out its gpi (short for global payments initiative).

Cross-Border

PYMNTS

JANUARY 20, 2021

Fitzmaurice highlighted other key pain points CFOs discovered to be particularly acute, including cash management, as well as cross-border payments that have historically been dependent on the notoriously opaque correspondent banking system.

B2B

Fintech Finance

APRIL 17, 2024

The Payments division of StoneX ( StoneX Payments ) will supply NatWest with third-party delivery and international FX payment systems, allowing the bank’s corporate clients to transfer money to more nations with ease.

Cross-Border

Fintech Finance

JUNE 6, 2024

Nium , the global leader in real-time cross-border payments, today announced a partnership with BS2 , a digital bank in Brazil specializing in fintech solutions for businesses. ” The post BS2 Bank Chooses Nium to Support Global FX Settlements and Real-Time Payouts appeared first on Fintech Finance.

Settlement

Finovate

JANUARY 31, 2025

Because it leverages stablecoins, the company does not rely on outdated SWIFT and correspondent banking rails and is able to deliver faster, more reliable, and cost-effective cross-border payments between developed and emerging markets.

Cross-Border

PYMNTS

DECEMBER 23, 2019

It was in a convergence of these trends that Visa launched its real-time payments solution, Visa Direct , a technology enabling push payments onto recipients’ Visa cards. Deploying Visa’s existing user network means the capability for clients to accept payments is already built into the solution.

Use Case

PYMNTS

DECEMBER 30, 2019

In an interview with PYMNTS , Ripple Senior Vice President of Business and Corporate Development Kahina Van Dyke explained why building new infrastructure from the ground up can be an effective way to combat friction in the legacy correspondent banking system that lacks transparency and is plagued by slow transaction speeds and high FX costs.

Innovation

PYMNTS

DECEMBER 14, 2018

When PYMNTS asked cross-border payments experts at the end of last year what they thought the driving trend would be for the industry in 2018, the consensus was all about collaboration , particularly between banks and FinTech firms. “The modern-day client expects a seamless transaction experience,” he said.

Cross-Border Payments

PYMNTS

NOVEMBER 27, 2018

Consumers may secure the majority of payments innovation efforts, but when it comes to cross-border payments, the opportunity undoubtedly lies in corporate transactions. The next-highest category, consumer-to-business (C2B) cross-border payments, paled in comparison at just $54 billion.

Cross-Border Payments

Fintech Finance

APRIL 22, 2025

Thunes Business Payments is underpinned by Thunes’ Fortress Compliance Platform, which ensures compliance with local regulations for seamless, secure transactions while providing real-time visibility and protection.

Business Payments

The Payments Association

MAY 19, 2025

Lead the market in developing regulated stablecoin-based payment solutions or tokenised financial products. Leverage compliance as a competitive differentiator, especially with institutions, public sector partners, or international clients.

Compliance