Finextra

JULY 8, 2025

China’s Cross-border Interbank Payment System (CIPS) is rapidly emerging as a central artery in the internationalization of the Renminbi (RMB), offering a robust infrastructure for cross-border settlements and reshaping how global institutions engage with China’s markets. What Is CIPS and Why Does It Matter?

Global Payments

Finextra

JUNE 30, 2025

This can concern payments, conditional payments (a DLT based version of a letter of credit) and the post-trade settlement of securities and derivates (including margin calls). A typical use case is the clearing and settlement of international payments. Trade finance is another area. Trade finance is another area.

Digital Currency

Finextra

JULY 21, 2025

Home Announcements Payments LHV becomes first UK bank to join RT1 platform directly External This content is provided by an external author without editing by Finextra. This milestone enhances LHV’s cross-border payment offering and makes real-time euro payments possible through SEPA Instant.

Payment APIs and Integration

Fintech Weekly

JULY 29, 2025

This shift is happening in parallel with rising regulatory scrutiny, growing interoperability demands, and the push for real-time finance — all of which are forcing teams to revisit how payments, reporting, and liquidity should function across jurisdictions and systems. balance thresholds, payment triggers) reduces operational overhead.

Stablecoins

Finextra

AUGUST 4, 2025

A typical mid-size bank or fintech might use separate systems for transaction monitoring, sanctions screening, case management, KYC checks, etc., with little integration. In other words, poor tech integration is silently taxing compliance departments. What do these inefficiencies look like in practice?

AML

PYMNTS

JULY 8, 2020

Cross-border payments, once the exclusive domain of large businesses that had the resources to expand their operations overseas and afford the often-exorbitant costs of payment processing fees and international shipping, are growing ever more popular among small- to medium-sized businesses ( SMBs ).

Cross-Border

PYMNTS

OCTOBER 28, 2019

Cross-border payments firm Western Union has rolled out full application programming interface (API) access to domestic and global payment applications, the company said in a press release on Monday (Oct. APIs also utilize the latest level of regulated European internet security: strong customer authentication (SCA).

International Payments

PYMNTS

OCTOBER 2, 2018

Cross-border payments technology provider AscendantFX is bolstering its offering for financial institutions (FIs) through an integration with WireXchange, the wire transfer service operated by Fiserv. The integration follows ongoing change in the payments landscape, leading banks to demand more agile, efficient payment services.

Cross-Border Payments

PYMNTS

FEBRUARY 20, 2019

Cross-border payments firm Veem is introducing a rewards program for its business customers. 19) said the company is rolling out VeemRewards, a cash-back rewards program for businesses that use Veem to send payments across borders. An announcement made on Tuesday (Feb. At the time, the company had pegged its customer base at 80,000.

Cross-Border Payments

PYMNTS

SEPTEMBER 17, 2020

Cloud-based clearing bank ClearBank has begun offering multi-currency bank accounts using an API, according to a press release. Beginning in the fourth quarter this year, the bank will allow users to access over 30 multi-currency accounts. ClearBank's capabilities make it doable for Oxbury Bank to loop into U.K.-based

Multi-Currency

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

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

OCTOBER 24, 2016

But late last week, Visa announced that it will be rolling out Visa B2B Connect, a platform for banks to make payments and settle funds across borders using Chain Core, the blockchain infrastructure developed by Chain. Ludwin argued that blockchain has a few steps up on other payment rails, like ACH.

Blockchain

PYMNTS

AUGUST 21, 2020

Yet as cross border trade picks back up, the foreign exchange and global payments needs of businesses will intensify. For the financial services world to address businesses’ global payments needs, Conibear said they must take a holistic approach that goes beyond facilitating cross-border payments or improving upon legacy payment rails.

Multi-Currency

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

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

Nanonets

APRIL 3, 2024

These professionals play a crucial role in ensuring the accuracy and integrity of a company's financial records. Their responsibilities often include: Data Entry: Traditional bookkeepers manually record financial transactions, including sales, purchases, receipts, and payments, into ledgers or accounting software.

Automation

The Payments Association

MAY 16, 2025

Merchant-facing regulation: What merchants need to know in 2025 15 May 2025 by Payments Intelligence LinkedIn Email X WhatsApp What is this article about? The regulatory framework governing payments continues to expand in scope, with increasing implications for merchants operating in the UK and EU. Why is it important? for credit.

Regulations

PYMNTS

AUGUST 2, 2018

Corporate treasurer gets an alert via smartwatch that a payment is due to a supplier. Payment is due at 5:00 p.m. – Which means 15 minutes till the bank closes in New York, which means … gotta get it done now. Payment is done, B2B, with literally a flick of the wrist. But to the swiftest goes the payments race?

B2B

Nanonets

MARCH 30, 2023

In a world where time is money, businesses and customers alike seek hassle-free payment methods that save time and increase efficiency. Enter payment automation - a solution that has gained popularity in recent times due to the pandemic and the new competitive landscape. What is Payment Automation?

Automation

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 Labs Insights

MARCH 24, 2016

In an increasingly global economy, Valuto’s multi-currency account helps small businesses send and receive payments in five different European currencies. Valuto integrates into systems such as SaaS accounting, ERP & invoicing systems and other tools businesses already use daily. Finovate: Who are your primary customers?

Multi-Currency

Finextra

JUNE 30, 2025

Regular attestations and audits are essential to ensure the transparency and integrity of these reserves, building trust among users. This record high is driven by a wave of adoption from major global banks. Including names like JPMorgan, US Bancorp, Bank of America, BNY Mellon and Paypal.

Stablecoins

The Fintech Times

APRIL 22, 2025

The global B2B payments market is booming, accounting for $150trillion in 2024. To ensure this growth continues in 2025, Thunes, the global money movement platform, has launched Thunes Business Payments – a solution looking to transform cross-border payment experiences.

Business Payments

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

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)

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)