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FXC Intelligence, a data platform specializing in the cross-borderpayment and e-commerce sectors, has released its annual Cross-BorderPayments 100 list, highlighting the 100 most influential players in globalpayments. The company is currently valued at US$5.5
Morgan Stanley has partnered with Wise Platform to enhance its cross-borderpayment capabilities for corporate and institutional clients. Wise Platform, the globalpayments infrastructure for banks, enables financial institutions to offer international payments using Wises network.
Thunes, a globalpayments company, has launched a new Pay-to-Card solution that allows its members to send real-time payments to 15 billion Mastercard, Visa, and UnionPay cards worldwide. said Floris de Kort, CEO of Thunes. said Chloe Mayenobe, President and COO of Thunes.
Mesta , a fintech platform reshaping globalpayment networks with hybrid fiat and stablecoin payment rails, unveiled its cross-borderpayment platform. It combines real-time fiat payment rails with blockchain-powered stablecoin rails, addressing inefficiencies in globalpayments and trade.
Boost PaymentSolutions , a global leader in B2B payments, today announced a partnership with international payment pioneer TransferMate that is designed to address the growing demand for cross-borderpayments. based BINs to expand the reach of those programs into cross-borderpayments.
There is a growing demand for cross-borderpayments across the globe. Looking to meet this demand, B2B payments organisation, Boost PaymentSolutions has partnered with international payment firm, TransferMate. Leavitt , founder and CEO of Boost PaymentSolutions.
Deutsche Bank and Ant International have announced their strategic partnership to provide more comprehensive paymentsolutions for businesses of all sizes in Europe and Asia, by combining their expertise and leveraging Ant International’s proprietary tokenisation and AI-based FX technology.
Oracle Banking Payments announced Wednesday (Oct. 7) that it is supporting SWIFT ’s latest service to speed effortless globalcross-borderpayments for small- and medium-sized business (SMBs) and consumer markets. “We Oracle’s solutions have been SWIFT-compatible for more than a decade.
Payset is transforming the way businesses handle international finance with its globalpayments platform. In advance of the launch, media and prospective users are invited to explore the site here: [link] payset.io/ to experience firsthand how Payset is evolving to greet the future of globalpayments.
Cambridge GlobalPayments , a FLEETCOR company working on cross-borderpayments, has partnered with enterprise blockchain solution Ripple on a cross-borderpaymentsolution for B2B customers, according to a press release. This isn't Ripple's first foray into cross-borderpayments.
Tuum , a next-generation core banking provider, is pleased to announce the appointment of David Abbott as Vice President, Payments Business Unit and Strategic Accounts. His experience across cards, digital wallets, and cross-borderpayments makes him uniquely positioned to drive Tuum’s growth in the payments space.
This burgeoning sector, characterised by its complexity and diversity, demands paymentsolutions that are efficient and adaptable to the nuanced dynamics of cross-border trade. Amidst the APAC region’s rapid economic ascent and the explosion of digital commerce, cross-borderpayment practices have noticed an evolution.
(StoneX; NASDAQ: SNEX) and Bamboo Payment Systems (Bamboo) announce that StoneX Payments, a division of StoneX, and Bamboo have entered into a strategic partnership to expand cross-borderpayment offerings and coverage for global merchants. The partnership includes an undisclosed investment by StoneX.
Despite this growth, African SMEs engaged in foreign trade face numerous challenges related to cross-borderpayments and fund collections. The partnership between XTransfer and Ecobank Group will foster collaboration between both parties to provide comprehensive cross-borderpaymentsolutions for African SMEs foreign trade.
If granted, the MPI license allows BC Payments Singapore to leverage Banking Circle’s extensive network of direct and indirect access to global clearing infrastructure, offering seamless cross-borderpayment services and operating as a key regional headquarters within its globalpayments hub.
Cross-borderpayment firm XTransfer is leveraging its success in China to fuel an ambitious global expansion plan. A focus on Southeast Asia Founded in 2017 and headquartered in Shanghai, XTransfer is a business-to-business (B2B) cross-borderpayment specialist.
The company said the approval marks a step forward in its plans to expand cross-borderpayment services in the region to payment companies, banks and global marketplaces. The company plans to tap into its parent firms infrastructure for both direct and indirect access to global clearing systems.
Financial crime compliance innovator ThetaRay announced a strategic partnership with cross-borderpayments platform Spayce. Cognitive AI financial crime compliance company ThetaRay is working with cross-borderpayments platform Spayce to bring enhanced security and fraud fighting ability to payments.
Globalpayments company Nium has announced a new partnership with Artajasa, a prominent Indonesian payment infrastructure provider. Featured image credit: Edited from Freepik The post Nium Partners with Artajasa to Enhance Cross-BorderPayments in Indonesia appeared first on Fintech Singapore.
FXC Intelligence, a data platform specializing in the cross-borderpayment and e-commerce sectors, has released its annual selection of the world’s top cross-borderpayment companies, recognizing the leading publicly traded companies, startups and private companies operating in the space worldwide.
OwlTing Group (“Company”), a global blockchain fintech company, today announced plans to implement Visa Direct solutions under a global agreement with Visa, a world leader in digital payments to provide real-time cross-borderpayments for individual and business customers.
Globalpayments company Thunes has extended its Direct Global Network to Denmark, Norway, and Sweden, enabling real-time cross-border payouts to bank accounts in the Nordic region.
Transcard’s embedded payment platform supports globalpayments across multiple currencies, configurable language packs, and domiciled data capabilities. The Canadian expansion includes local payment rails and supports Canadian French across solutions.
Nium , the leading global infrastructure for real-time cross-borderpayments, today announced a partnership with Ecobank Transnational Incorporated., the leading independent pan-African financial services group, to enable seamless cross-borderpayments across 35 African markets for more than 32 million customers.
. “For Visa, this is an opportunity to deliver innovations that enhance payment experiences across Asia Pacific with greater flexibility, security, and convenience. Visa is committed to meeting the evolving demands of consumers and merchants, ensuring seamless and secure payments.”
Thunes, a globalcross-borderpayment infrastructure provider, has launched a pay-to-card solution, expanding its global direct network to enable real-time cross-borderpayments to 15 billion cards worldwide, including Mastercard, Visa and UnionPay.
Businesses can manage their transactions through a simplified, streamlined and flexible payments service delivered through a single platform, and access a comprehensive suite of HSBC services which provide the core capabilities they require to grow internationally – a current account, domestic and crossborderpayment capability and HSBCnet.
By integrating our SWIFT BIC code, FV Bank is able to receive deposits through an extensive network of over 11,000 financial institutions across more than 200 countries, significantly expanding its international cross-borderpayments capabilities. “While many U.S. “While many U.S.
From Jakarta to Singapore, mobile wallet providers have built one-stop shops for payments, enabled by high smartphone penetration combined with limited innovation from traditional institutions, creating the perfect conditions for digital paymentsolutions to flourish.
SBPS will benefit from access to Nomupay’s single API and gateway-agnostic, single, back office platform, offering a range of payment options and scalability. “Nomupay offers a wide range of services in the payment field in Asia, and can meet flexible and diverse needs. The company is headquartered in Kilkenny, Ireland.
Emerging trends such as cross-borderpayment systems and open banking initiatives are breaking down traditional barriers, fostering greater connectivity and efficiency in Asias financial landscape. In Southeast Asia, digital payment transactions are projected to exceed US$1 trillion by 2025. billion in 2022 to 96.2
PayFuture , a leading globalpayment technology provider, has launched its operations in Pakistan, creating new opportunities for international businesses to engage with one of South Asia’s most dynamic ecommerce markets. This mitigates the risks often associated with frontier markets.
Clear Junction , a global leader in cross-borderpayments for regulated financial institutions, has revealed a significant gap in the preparedness of payment industry leaders to navigate the complexities of the Markets in Crypto-Assets Regulation (MiCA) regulation, which is now in effect across the EU.
Key insights from the PAY360 2025 survey on current challenges and opportunities in the payments sector. It highlights how industry leaders are prioritising AI, cross-borderpayments, and digital currencies while grappling with regulatory, technological, and customer demands. Why is it important? What’s next?
According to the new Simplifying Cross-BorderPayments Playbook , there are five key criteria that an ideal cross-borderpaymentsolution should meet: speed, security, compliance, transparency and ubiquity. How Cross-BorderPayments Are Made. So, what’s the problem?
These new international accounts are ideal for companies looking to grow their global reach through cross-border transactions. Now, they can store funds, accept payments, and send payouts in CZK and SGD, alongside Bivials extensive cross-currency payments and FX network, says Martynas Bieliauskas, Bivial CEO.
In a press release , Alibaba said the partnership with Banking Circle showcases the effectiveness of Banking Circle being a provider of mission-critical infrastructure for online cross-borderpayments. “We It’s a cohesive solution – there’s no differentiation between local and cross-borderpayments.
To offer businesses seamless, efficient and cost-effective cross-border transactions, Cross River Bank , a tech infrastructure provider that offers embedded financial solutions has announced the launch of its new International Paymentssolution.
Businesses are always on the hunt for new paymentsolutions to provide their customers with a better experience. To meet this demand, investment banking company, Deutsche Bank and Ant International , the global digital payment firm, have announced a new partnership.
Thunes , the Smart Superhighway to move money around the world, today announced the further expansion of its Direct Global Network with the launch of direct Pay-to-Bank services in Denmark, Norway, and Sweden. The post Thunes Expands Its Direct Global Network into Denmark, Norway and Sweden appeared first on FF News | Fintech Finance.
The DTCPay Mastercard partnership marks a major step forward in globalpayments, offering users a fast, secure, and seamless way to transfer money internationally. dtcpay , a leading digital paymentssolutions provider, is excited to announce its strategic collaboration with Mastercard Move.
The culmination of their experiences and approaches towards managing international payments has resulted in AFEX’s first annual State of International Payments report, which provides insight into how businesses are overcoming the barriers and rising to the challenges of cross-borderpayments.
Trust Bank , a leading private commercial bank in Bangladesh and TerraPay , a global money movement company have partnered to offer an innovative paymentsolution for all students in Bangladesh.
A new report by globalpayments firm Airwallex and Skift Research reveals that 66 percent of travel companies worldwide are experiencing reduced profit margins due to outdated payment systems. However, 67 percent of executives find cross-borderpayments more complicated due to volatile exchange rates.
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