Fintech News

MAY 7, 2024

FXC Intelligence, a data platform specializing in the cross-border payment and e-commerce sectors, has released its annual selection of the world’s top cross-border payment companies, recognizing the leading publicly traded companies, startups and private companies operating in the space worldwide.

Cross-Border Payments

PYMNTS

DECEMBER 10, 2020

Bank of America (BofA) is introducing a cross-border payment tracker and expanding SWIFT gpi to support more than 140 currencies, accessible through the integrated CashPro platform. SWIFT gpi Instant for real-time cross-border payments and transfers went live in the U.K. 10) press release.

Cross-Border Payments

Fintech Finance

SEPTEMBER 23, 2024

Airwallex , a leading global payments and financial platform for modern businesses, today revealed how its global financial technology has improved McLaren Racing’s financial operations throughout the 2024 Formula 1 season.

Cross-Border Payments

PYMNTS

SEPTEMBER 19, 2018

The treasury management unit of PNC Bank is joining RippleNet, the firm said on Wednesday (Sept. PNC Treasury Management joined the Ripple cross-border payments network that uses blockchain to facilitate global transactions.

Cross-Border Payments

PYMNTS

JULY 25, 2018

Financial messaging company SWIFT, along with a number of corporates and banks, announced Wednesday (July 25) plans to begin testing a multi-bank standard to further improve the cross-border payments experience for multi-banked corporates. According to SWIFT , more than $100 billion in SWIFT gpi messages are sent each day.

Cross-Border Payments

PYMNTS

APRIL 12, 2017

According to recent research from Saxo Payments , various FinTech companies are struggling to meet their clients demands for international payments, which suggests now is an ideal time to invest in solutions that reduce the friction involved in cross-border payments.

API

PYMNTS

JANUARY 15, 2019

According to reports, the bank plans to introduce its platform for use by its corporate customers, focusing on FX Everywhere’s application in cross-border payments and treasury management.

Blockchain

PYMNTS

APRIL 19, 2018

Multi-currency account provider Centtrip is introducing a way for corporates to make and receive faster cross-border payments. based company, which provides global payments, foreign exchange (FX) and banking services, announced its real-time payments solution on Wednesday (April 18).

Real Time Payments

PYMNTS

AUGUST 15, 2019

More precise payment information could also facilitate quick, straight-through processing. . Better data can help prevent international payment delays or failures caused by “unstructured and ambiguous” data, as well. Federal Reserve and TCH, Europe’s Eurosystem and EBA CLEARING and the U.K.’s

ISO 20022

The Payments Association

APRIL 14, 2025

This agreement will continue to fuel innovation in the fintech space, leading to the development of cutting-edge financial products and services that cater to the evolving needs of businesses seeking international payment systems.

Agreements

PYMNTS

DECEMBER 12, 2017

Citi’s Treasury and Trade Solutions is expanding its international ACH payments service capabilities for corporate customers. 11) that its WorldLink Payment Services has added 10 new countries with which it can facilitate cross-border payments; the markets are across the EMEA (Europe, Middle East and Africa) region, said Citi.

Cross-Border

Nanonets

APRIL 17, 2024

Payment processing, particularly when managing cross-border and international payments.  Still, these QuickBooks alternatives may better serve your unique business needs than QuickBooks can.   When Do QuickBooks Alternatives Come Into Play?

Cross-Border

PYMNTS

DECEMBER 10, 2019

In this month’s feature story, Fifth Third Bank Senior Vice President and Director of Commercial Payments & Treasury Management Bridgit Chayt explained why FI-provided APIs are key to striking this balance, and how API-based services could reshape B2B payments — and even encourage the sector to move away from paper checks.

Treasury

PYMNTS

OCTOBER 6, 2017

If recent data by the American Payroll Association (APA) is any indication, friction in payroll, especially on an international scale, is no good for employee satisfaction.

Payroll

PYMNTS

AUGUST 1, 2018

And, like Deloitte, Western Union found that only 22 percent of businesses surveyed have increased FX management by implementing tools like forwards and options, signaling a lack of technology adoption. Western Union also found that 16 percent simply expect FX volatility to gradually smooth itself out.

Cross-Border Payments

Fintech News

MARCH 31, 2025

Global expansion is an ambition for many SMEs, but the reality of cross-border transactions tells a different story. Traditional banking systems, built to serve large corporations, often sideline smaller businesses, forcing them to navigate slow, expensive, and complex international payment processes that can hold back growth.

Cross-Border

The Fintech Times

FEBRUARY 26, 2025

Sixty per cent of businesses are willing to switch cross-border payment providers – even at a similar or higher cost – if it means accessing better service and technology. Banks that fail to modernise risk becoming obsolete in key areas such as FX, treasury management, and international payments.

Addressing