PYMNTS

APRIL 15, 2020

For foreign payment service providers looking to facilitate cross-border B2B payments into China, the correspondent banking model often remains the only route to facilitate clearing and settlement. “Getting correspondent bank accounts is the biggest challenge every payment service provider is facing.

Correspondent Bank 76

Correspondent Bank Correspondent Cross-Border B2B 76

Fintech News

APRIL 21, 2025

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.

Business Payments 96

Business Payments Cross-Border Payment APIs and Integration Wire Transfer 96

Fintech Finance

MARCH 24, 2025

By integrating with RTGS.global’s instant settlement infrastructure, TransferMate will deliver seamless, real-time international payments for RTGS.global’s business customers, reducing reliance on traditional banking intermediaries and eliminating the risk associated with moving money cross-border.

Cross-Border 64

Cross-Border Cross-Border Payments B2B Settlement 64

The Payments Association

JUNE 9, 2025

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.

ISO 20022 88

ISO 20022 Payment APIs and Integration ISOs Interoperability 88

Fintech News

JULY 14, 2024

Traditional cross-border payments encounter various challenges, including delays, high costs, lack of transparency, multiple intermediaries, variable processing speeds, and differing compliance standards across correspondent banks.

Cross-Border 109

Cross-Border Correspondent Bank Multi-Currency Settlement 109

Fintech Finance

OCTOBER 15, 2024

With competitive foreign exchange rates and low international payments fees no longer a sufficient differentiator, RTGS.global’s atomic settlement solution will give PSPs a competitive advantage by enabling more efficient movement of liquidity to payment destinations required by their customers.

Cross-Border 98

Cross-Border Liquidity Management Cross-Border Payments Correspondent Bank 98

Fintech Finance

JUNE 5, 2024

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.

Cross-Border Payments 98

Cross-Border Payments Cross-Border Multi-Currency IBAN 98