Fintech News

OCTOBER 20, 2024

Nium, a global payments infrastructure provider, announced that financial institutions can now connect to its real-time payments network using their existing Swift infrastructure. This eliminates the need for complex and costly API integrations, making cross-border payments faster and more affordable.

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Fintech Finance

DECEMBER 11, 2024

To better combat fraud in cross-border payments, Swift, the global provider of secure financial messaging services, is working with Google Cloud to develop anti-fraud technologies that use advanced AI and federated learning. The central server aggregates these learnings to enhance Swifts global model.

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Fintech News

OCTOBER 28, 2024

The initiative showcases how regulatory requirements can be embedded directly into cross-border payment processes, aligning with G20 priorities to make these transactions faster and more cost-effective. We are optimistic about the potential of these early results to enhance cross border payments.”

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Fintech Finance

APRIL 17, 2025

Swift today announced the launch of an enhanced solution for managing payment investigations that could save the financial industry millions and significantly reduce the time it takes to identify and resolve issues when international payments are delayed. Financial institutions spend more than USD 1.6

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Fintech News

JUNE 2, 2024

Swift, the global financial messaging cooperative, has announced two AI-driven experiments in collaboration with member banks to combat cross-border payments fraud which could potentially save the industry billions in fraud-related costs.

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The Payments Association

JANUARY 15, 2025

Swift drives global interoperability and innovation, aligning with the UK’s National Payments Vision to enhance seamless, secure payments. The UKs payments landscape is at an inflexion point.

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Finextra

JUNE 29, 2025

The legislation would limit the issuance of payment stablecoins in the United States to “permitted payment stablecoin issuers” (“PPSIs”) and qualifying foreign issuers. Market Size Value of cross-border payments is estimated to reach a minimum $ 250 trillion by 2027. Stablecoins Act” or “GENIUS Act.”

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Payments Dive

AUGUST 24, 2023

The international cooperative reports improvements in meeting some G20 cross-border payments goals, but says the industry is falling short on others.

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Cross-Border Payments Cross-Border SWIFT Payments 147

The Fintech Times

DECEMBER 1, 2024

Following its collaboration with Dandelion, HSBC now offers fee-free transfers to over 100 destinations in more than 60 currencies, providing a seamless, real-time payment experience that bypasses the traditional correspondent banking model. Reliance on multiple intermediaries often led to high costs and longer processing times.

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The Fintech Times

FEBRUARY 13, 2025

Money20/20 , the global fintech show, is gearing up to return to Asia from 22 to 24 April 2025, with plans to spotlight cross-border payments. During this year’s show, Money20/20 plans to focus on Asias innovations, emerging payment networks, and regulatory leadership that shape the payment ecosystem in the region.

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Fintech News

DECEMBER 10, 2023

The Reserve Bank of India (RBI) has initiated discussions with the Hong Kong Monetary Authority (HKMA) , the US Federal Reserve, and the international payment platform SWIFT to explore the use of central bank digital currencies (CBDCs) for cross-border payments.

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Fintech News

MAY 21, 2024

Swift has announced a major upgrade aimed at improving the cross-border payment experience for corporate customers. The financial messaging network will extend ISO 20022 across the entire payment chain and provide banks with ready-to-use tracking services.

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Fintech Finance

OCTOBER 17, 2024

Swift today published new data which reveals continued progress towards meeting the G20’s goal for the speed of cross-border payments, reporting that 90% of cross-border payments made over the Swift network reach the destination bank within an hour.

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PYMNTS

OCTOBER 1, 2020

SWIFT , a global provider of secure financial messaging, announced a new service Thursday (Oct. 1) that promises to improve the experience for small and medium-sized businesses (SMBs) and consumers who send low-value payments across borders. SWIFT said this latest improvement is another building block for its new strategy.

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Cross-Border Payments Cross-Border SWIFT Payments 113

Fintech News

OCTOBER 28, 2024

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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Fintech Finance

OCTOBER 14, 2024

The collaboration progresses a strategic relationship the two organisations announced in October 2022, and reflects a commitment by Swift, GSS and the GSS Advisory Board, comprising 35 of the world’s leading financial institutions, to reduce inefficiency in the global payments ecosystem.

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Fintech Review

NOVEMBER 20, 2024

In this exclusive Fintech Review interview, Adam Swartzbaugh, CEO of Almond FinTech , discusses transformative cross-border payment technology. Almond’s blockchain-driven Settlement Optimization Engine (SOE) addresses critical speed, transparency, and cost challenges in cross-border payments.

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Cross-Border Payments Cross-Border Multi-Currency FinTech 115

The Fintech Times

MAY 28, 2025

This dual licensing enables the company to offer cross-border payment services that integrate traditional fiat currencies with blockchain-based stablecoin transfers. By merging stablecoins with real-time payment rails, were enabling businesses to move funds instantly and cost-effectively, without the friction of legacy systems.

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Stablecoins Regulations Cross-Border Payments Multi-Currency 106

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. Customers can make payments via Bank of America’s SWIFT gpi solution. and Ireland at SWIFT. . and Ireland at SWIFT. .

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Cross-Border Payments Cross-Border SWIFT Wire Transfer 104

VISTA InfoSec

DECEMBER 19, 2024

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) provides secure and reliable communication networks for over 11500 connected financial institutions to facilitate cross-border payments and securities transactions. What is SWIFT CSP, and why it was introduced?

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Fintech Finance

OCTOBER 22, 2024

Temenos today launched a SaaS enterprise service for cross border payments, empowering Payment Service Providers (PSPs), including banks, electronic money institutions (EMIs) and fintechs, to swiftly launch and lower the cost of cross border payment services.

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Fintech Finance

OCTOBER 21, 2024

Mastercard introduced a new product innovation, Mastercard Move Commercial Payments, that will enable banks to facilitate near real-time, predictable and transparent commercial cross-border payments. Fully compatible with existing correspondent banking arrangements between respondents and correspondents.

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Cross-Border Payments Cross-Border Visa Near Real-Time 104

Finextra

SEPTEMBER 9, 2024

Japanese banks MUFG, SMBC and Mizuho are participating in a pilot using stablecoins and the Swift network for cross-border payments.

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Cross-Border Payments Cross-Border Stablecoins SWIFT 98

Fintech Finance

OCTOBER 16, 2024

Swift today announced that it is rolling out new AI-enhanced fraud detection to help the global payments industry step up its defence as bad actors grow increasingly sophisticated. Available from January 2025, the service is the result of extensive collaboration with banks from around the world and a successful pilot earlier this year.

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Fintech Finance

MARCH 26, 2025

licensed digital bank offering a vertically integrated suite of traditional and digital asset banking and custody services, today announced its successful launch of its SWIFT code: ITTLPRS2XXX. This strategic milestone is significant for FV Bank clients as it expands inbound wire options alongside stablecoin-based payment rails.

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Payments Source

DECEMBER 2, 2020

After tests with several banks that established Swift's ability to connect its Global Payments Initiative faster payments rail to domestic networks, the financial and messaging standards organization is activating the service in the U.K.

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Cross-Border Payments SWIFT Cross-Border Message Standards 116

The Fintech Times

APRIL 29, 2025

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. Over two million Uzbeks live abroad and remittances hit $2.5billion in Q1 2024 alonean 8.6

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Fintech News

JUNE 11, 2024

Licensed as a Major Payment Institution (MPI) by the Monetary Authority of Singapore (MAS), OPAL offers domestic and cross-border payments, payment accounts, and e-money services. These have since gone live and new features like payment, and foreign currency exchange are currently in the works.

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Cross-Border Payments Cross-Border Payment APIs and Integration Payments 117

Payments Source

OCTOBER 1, 2020

Swift is working with more than 20 banks in its network to test a service designed to help consumers and small and medium-size companies send low-value cross-border payments with the same speed and transparency benefits larger banks enjoy on Swift rails.

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Fintech Finance

APRIL 24, 2024

The Bank of England has provided a strong commitment to the international programme through the development of its new Real Time Gross Settlement System (RTGS) which sits at the heart of the UK’s national payments infrastructure. The UK is increasingly falling behind the world order in this space, with the inability of Pay.UK

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Fintech News

JUNE 25, 2025

The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) have announced the incorporation of a new entity, Singapore Payments Network (SPaN), to oversee the administration and governance of the country’s national payment schemes. SPaN has been set up as a not-for-profit company limited by guarantee.

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Payments Dive

JUNE 20, 2025

Skip to main content CONTINUE TO SITE ➞ Dont miss tomorrows Payments industry news Let Payments Dives free newsletter keep you informed, straight from your inbox. Justin Sullivan via Getty Images Dive Brief: Tensec, the Palo Alto, California-based cross-border payments startup, has raised $12 million, the company announced Wednesday.

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Fintech News

JUNE 4, 2024

This partnership will integrate Mastercard Move , a comprehensive suite of money transfer solutions, into Temenos Payments Hub. Mastercard Move’s solutions facilitate secure and swift international money transfers, offering cost-effective options to route and deliver funds through Mastercard’s extensive global network.

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Cross-Border Payments Cross-Border Visa Payment APIs and Integration 109

Fintech Finance

JANUARY 20, 2025

Waza , a B2B payment provider for emerging market businesses, has announced the launch of Lync, its new multi-currency account platform that combines market-leading foreign exchange (FX) liquidity solutions with a cutting-edge banking experience to power a new age of global trade for emerging market businesses incorporated in the US, UK or EU.

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Payments Source

SEPTEMBER 17, 2020

After two years of helping banks connect globally to domestic faster payments rails, Swift is planning to expand on that concept.

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PYMNTS

SEPTEMBER 17, 2020

SWIFT , a global provider of secure financial messaging services, announced Wednesday (Sept. 16) that its cross-border platform will be retooled to enable financial institutions to deliver instant transactions. SWIFT said the planned platform will leverage its reach across more than 11,000 institutions in 200 countries.

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PYMNTS

OCTOBER 7, 2020

In today’s top news, Oracle and Swift team up to provide fast cross-border payments, and House Democrats are advocating for big changes to Big Tech. Oracle, SWIFT Add Fast Cross-Border Payments For SMBs. Oracle Banking Payments announced Wednesday (Oct. Macy’s Inc. Many smaller U.S.

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