Remove Correspondent Bank Remove Liquidity Management Remove Reconciliation
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Thunes Launches New Global Business Payments Service

Fintech News

Businesses can pay suppliers in their local currencies, helping to lower exchange rate and reconciliation costs, with clear references for each payment. USD payouts are trackable, and a single integration with Thunes’ platform eliminates the need for businesses to build separate correspondent banking networks.

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RT2: A strategic transformation for UK payment providers

The Payments Association

This is more than 'coding to the spec'; different and new software is required by originating institutions, correspondent banks, intermediate banks, and even regulators or central banks to realise the advantages." This supports richer data, improved compliance, and more efficient cross-border transactions.

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Speed Finds Opportunity In B2B Payments Beyond Accounts Payable

PYMNTS

“Because we are a bank [as well as a payments processor], we can deposit their credit card proceeds the same day, including weekends, at no additional cost,” explained WePay CEO Bill Clerico in an interview at the time. Community Banks Go Real Time. According to the companies, speed is a crucial benefit of such a tool.

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Thunes Business Payments Launched to Grow $150trillion B2B Payments Market

The Fintech Times

The solution empowers businesses to pay suppliers in their local currencies, reducing exchange rate and reconciliation costs, with full transparency on the payment reference. In addition, businesses, neo-banks, banks and wallets can benefit from stablecoin USDC funding capabilities in real-time, 24/7.

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Thunes Expands Direct Global Network with Business Payments Solution

Fintech Finance

The solution empowers businesses to pay suppliers in their local currencies, reducing exchange rate and reconciliation costs, with full transparency on the payment reference. In addition, businesses will be able to process USD payouts to over 170 countries.