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6 Asian Companies Recognized Among the World’s Most Promising in Cross-Border Payments

Fintech News

FXC Intelligence, a data platform specializing in the cross-border payment and e-commerce sectors, has released its annual selection of the world’s most promising cross-border payments companies in 2024. One of Singapore’s entries is Partior. Another company from Singapore featured on the list is Tazapay.

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Bitso Business Surpasses $12 Billion in Transactions in 2024 and Unveils Study Revealing Stablecoins as the Leading Alternative for Cross-Border Payments

Fintech Finance

Bitso Business the B2B arm of Bitso that provides the infrastructure for the future of cross-border payments releases its 2024 results. For these transactions, in 2024 3 Bitso Business registered a volume of more than $6.5 billion registered in 2022, consolidating an accelerated cross-border remittances growth.

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Ripple Adds RLUSD Stablecoin to Cross-Border Payments Platform

Fintech News

Ripple said the stablecoin is aimed at improving the speed and reducing the cost of international payments processed through its network. Since its launch, RLUSD has reached a market capitalisation approaching US$250 million and recorded nearly US$10 billion in trading volume. said Jack McDonald, SVP of Stablecoins at Ripple.

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What Canadian Merchants Need to Know About International Payment Processing

Clearly Payments

As Canadian businesses look to expand internationally, one crucial component of successful growth is handling cross-border payments smoothly and efficiently. Hedging foreign exchange rates : For businesses with high transaction volumes in certain currencies, hedging can reduce risks associated with currency fluctuations.

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Nexus Empowers APAC Financial Institutions to Achieve G20 Cross-Border Payment Targets

Fintech News

As the global demand for faster, more affordable, and increasingly transparent cross-border payments intensifies, Project Nexus is emerging as a foundational initiative to meet the G20’s ambitious roadmap. What is Project Nexus, and how does it address today’s cross-border payment challenges?

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Optimising Cross-Border Payments Globally: Shaping the Economy of Tomorrow

Fintech News

Cross-border payments are the fundamental infrastructure that facilitates the flow of money within an increasingly interconnected global economy, underpinning commerce between individuals, businesses, and governments worldwide. These efforts lay the foundation for broader regional economic integration.

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Borderless Banking Launched by Prometeo to Make Cross-Border Payments

The Fintech Times

Now, with Borderless Banking, firms can access local accounts to receive payments and automate collections, facilitate international payment disbursement with real-time tracking, and optimise global treasury management by ensuring the visibility of balances in all accounts.