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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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AIsa Unveils Groundbreaking Payment Network for the Trillion-Dollar AI Economy

Fintech Finance

As the artificial intelligence revolution reshapes industries at an unprecedented pace, AIsa announces the launch of its revolutionary payment infrastructure tailored to the unique needs of the AI economy. Programmable Payments: Smart contract integration for automated transactions. Cost Barrier: High fees (2.9% + $0.30

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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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Nium Verify Launched to Combat US$118.5 Billion Payment Failure Problem

Fintech News

Global payments infrastructure provider Nium has launched Nium Verify, a real-time bank account verification service available in 50 markets. This helps to reduce payment failures, operational inefficiencies, and compliance risks in cross-border payments. ” said Alex Johnson, Chief Payments Officer at Nium.

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Tietoevry Banking integrates Visa Direct to its Payment Hub

Fintech Finance

Tietoevry Banking today announced the integration of Visa B2B Connect, a Visa Direct offering, into its Tietoevry Payment Hub. For decades, cross-border payments between businesses have been fraught with obstacles and many of these problems have been getting worse.

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Sending Money Through Humo and Uzcard: Paysend Extends Cross-Border Payment Facilities in Uzbekistan

The Fintech Times

Banks, digital wallets and remittance businesses will now have an easier time sending money to Uzbekistan as Paysend , the digital payment network extends its cross-border payment facilities. This launch empowers fintechs to take full advantage of Paysend’s single API with existing coverage in 170+ countries.

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Why staying put is no longer the safe option for payments innovation

The Payments Association

Legacy systems are increasingly unreliable, expensive to maintain, and resistant to modern payment innovations. Integration headaches: Open Banking, APIs, and AI-driven automation often require costly, unreliable workarounds. But as the financial landscape evolves, that mindset is in danger of proving very costly.