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HSBC Bolsters Cross-Border Payment Capabilities in Partnership With Dandelion

The Fintech Times

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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MariBank Launches MariBank Overseas Transfers: Supporting SME Cross Border Payments

The Fintech Times

The digital bank also delivers a solution for sending Chinese Yuan (CNY) to Mainland China via Alipay , UnionPay , and wire transfers. The post MariBank Launches MariBank Overseas Transfers: Supporting SME Cross Border Payments appeared first on The Fintech Times.

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Lili Launches International Payments

Fintech Finance

Lili , the financial platform designed for small business owners, today announced the launch of international wire payments in 27 countries, empowering small business owners to grow beyond borders. According to FXC Intelligence, the cross-border payments industry reached a market size of $190.1

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Thunes Launches New Global Business Payments Service

Fintech News

Businesses can also process US dollar wire transfers to more than 170 countries and make payments in over 30 currencies, including USD, EUR, and CNY. This includes major markets such as Brazil, Canada, Mainland China, Hong Kong, India, Mexico, Singapore, the UK, and across Europe.

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2024 Payment Methods Report: Overview, Insights, and Statistics

Clearly Payments

While still niche, these options could play a larger role in cross-border payments, with stablecoins providing a more stable digital currency alternative. Cryptocurrencies and Stablecoins : Cryptocurrencies and stablecoins are expected to see greater adoption as transaction fees decrease and regulatory clarity improves.

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Live Oak Bank Implements Finzly’s Fedwire Solution

Finovate

The goal of the new format is to enhance the quality of financial messaging, facilitate cross-border payments, and reduce manual processing. Finzly’s Fedwire solution provides instant settlement, real-time visibility, and complete automation for Fedwire payments.

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Stripe buys payments API provider Orum

Finextra

Founded in 2019, Orum offers an API that allows businesses to launch instant payments fast, with access to RTP, FedNow, Same Day ACH, ACH, Wires, and Visa Direct, without bank integrations or complicated compliance issues. Financial terms of the deal were not disclosed. We use cookies to help us to deliver our services.

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