PYMNTS

DECEMBER 17, 2019

Payment rails are getting more attention these days, and there is an increasing focus on offering a standardized, relatively seamless experience that can be locked and loaded by various operators with minimal hassle. Open Banking. We offer a single API across all banks,” Kirsch told Webster.

Central Bank

PYMNTS

JULY 16, 2019

When consumers use mobile apps like Uber or iTunes, the expectation that payments occur in a seamless, integrated way represents a broader paradigm shift in the payments world — one that is seeping into the corporate community as well. procurement), and its related payments (i.e., the function of payment a vendor).

Payment APIs and Integration

PYMNTS

AUGUST 21, 2020

There are signs that the wheels are beginning to churn once again, however, and though not every industry will recover at the same pace, there is evidence that global trade is once again on the rise. Yet as cross border trade picks back up, the foreign exchange and global payments needs of businesses will intensify.

Multi-Currency

PYMNTS

JULY 16, 2018

Citi announced Monday (July 16) the launch of Citi Payment Insights, a new service that gives institutional clients access to real-time payment information and the ability to action payments on demand via the CitiDirect BE electronic banking platform.

Correspondent Bank

PYMNTS

SEPTEMBER 6, 2018

And there are a number of initiatives from banks in that country to use blockchain to exchange assets. In other payments infrastructure-related offerings, some marquee names have made some strides. The process integrates the World Wire’s APIs into banks’ payments systems. You can find out more here.

Cross-Border

PYMNTS

SEPTEMBER 6, 2018

However, blockchain is also gaining ground, and currency is offering a boost to the payments infrastructure. To that end, IBM said it launched its Blockchain World Wire , billed as a cross-border payment system that is powered by the Stellar blockchain network. The process integrates the World Wire API into banks’ payment systems.

SWIFT

PYMNTS

SEPTEMBER 24, 2019

For today’s payment service providers, accelerating payments across borders means either developing new infrastructure, or making use of existing rails, to move money around the world. Below, PYMNTS looks at the latest news in cross-border payments innovation as industry players complete, collaborate and innovate.

SWIFT

CB Insights

FEBRUARY 8, 2018

Banks help intermediate payments, make loans, and provide credit. Read on for a deep dive into how the blockchain could turn the traditional banking industry on its head while enabling new business models through technology. Facilitating payments is highly profitable for banks, providing them with little incentive to lower fees.

Blockchain

Fintech Finance

JUNE 2, 2025

As part of its continued ambition to become a leading global clearing provider, Banking Circle has today significantly strengthened its embedded financial infrastructure with direct access to the Swiss Interbank Clearing (SIC) system. ” The CHF solution is live now, with full commercial rollout underway.

Real Time Gross Settlement (RTGS)

Fintech Finance

APRIL 22, 2025

With Thunes’ cutting-edge API, Members have a streamlined, transparent, and cost-efficient way to process international business payments, bypassing the complexities of legacy systems while unlocking unprecedented flexibility and speed. In addition, businesses will be able to process USD payouts to over 170 countries.

Business Payments

Finovate

APRIL 28, 2025

Thunes raised $150 million in Series D funding from Apis Partners and Vitruvian Partners. Cross-border payments company Thunes has raised $150 millionin Series D funding. Cross-border payments company Thunes has raised $150 millionin Series D funding. The funds more than double its previous 2023 round.

Cross-Border Payments

The Fintech Times

JUNE 2, 2025

Banking Circle , the global clearing provider, has made major progress in its effort to build a global payments platform with interoperability at its core, as it strengthens its embedded financial infrastructure with direct access to the Swiss National Bank ‘s Swiss Interbank Clearing (SIC) system.

Real Time Gross Settlement (RTGS)