This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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 correspondentbanking networks.
This is more than 'coding to the spec'; different and new software is required by originating institutions, correspondentbanks, intermediate banks, and even regulators or central banks to realise the advantages." This supports richer data, improved compliance, and more efficient cross-border transactions.
“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.
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.
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.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content