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

Fintech News

USD payouts are trackable, and a single integration with Thunes’ platform eliminates the need for businesses to build separate correspondent banking networks. The solution is supported by Thunes’ SmartX Treasury System, which provides real-time visibility into fund locations and enhances liquidity management.

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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 automated processes, better treasury management, and faster decision-making.

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Ripple Partners With Clear Junction to Enhance UK and EU Cross-Border Payments

Fintech Finance

Blockchain technology and cryptocurrencies will definitely be at the core of the evolution of correspondent banking and we are happy to partner with Ripple to be a part of this process. This partnership is a great example of two institutions coming together to augment their respective products and services.

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For Corporates, Cross-Border Payments Innovation Isn’t All About Speed

PYMNTS

With correspondent banking relationships on the decline, financial institutions are looking for new — and faster — ways of moving money around the world, too. Some solution providers like Ripple are introducing new ways to bypass the correspondent banking system entirely. This, of course, means faster global payments.

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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. FinTechs Move Money To Vendors Faster.

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

The Fintech Times

Benefits The solutions value also lies in the Thunes SmartX Treasury System that enhances FX and transaction transparency as well as liquidity management by offering real-time visibility into fund locations and the exact amount to be delivered to the recipient.

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Thunes Expands Direct Global Network with Business Payments Solution

Fintech Finance

The solution’s value also lies in the Thunes’ SmartX Treasury System that enhances FX and transaction transparency as well as liquidity management by offering real-time visibility into fund locations and the exact amount to be delivered to the recipient.