Fintech News

MAY 5, 2025

XWeave , a startup developing infrastructure for stablecoin-based cross-border payments, has raised US$3 million in seed funding. The funding will be used to expand XWeaves network across non-G10 payment corridors in Asia and the Middle East, including the UAE, Indonesia, Japan, and Hong Kong.

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Fintech News

OCTOBER 28, 2024

The Bank for International Settlements (BIS) and a group of central banks have successfully completed Project Mandala demonstrating automated compliance for cross-border transactions. We are optimistic about the potential of these early results to enhance cross border payments.”

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Fintech Finance

JANUARY 8, 2025

The BIS Committee on Payments and Market Infrastructures (CPMI) announced further steps to promote the adoption of its harmonised ISO 20022 data requirements for more efficient processing of cross-border payments. The data requirements were published in a report to the G20 in October 2023.

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Fintech Finance

DECEMBER 17, 2024

Card Corporation, a leading privately-owned financial services technology company specializing in mobile banking and card payments, is pleased to announce a new collaboration with Visa to introduce Visa Direct Cross-Border payments.

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Fintech Finance

JANUARY 22, 2025

Mesta , a fintech platform reshaping global payment networks with hybrid fiat and stablecoin payment rails, unveiled its cross-border payment platform. It combines real-time fiat payment rails with blockchain-powered stablecoin rails, addressing inefficiencies in global payments and trade.

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The Payments Association

FEBRUARY 13, 2025

UPI is revolutionising cross-border payments, expanding Indias digital payment influence through global integration, regulatory reforms, and strategic partnerships. The introduction of the unified payments interface (UPI) in 2016 marked a transformative shift in India’s digital payments landscape.

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Fintech News

JANUARY 14, 2025

Vietnam and Laos have officially launched a new framework for settling payments in their local currencies and a cross-border QR code payment system. The post Cross-Border QR Payments Now Live Between Vietnam and Laos appeared first on Fintech Singapore.

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Fintech News

APRIL 3, 2025

Ripple announced it has added its US dollar-backed stablecoin, RLUSD, to its Ripple Payments platform to support enterprise cross-border transactions using the digital asset. Ripple said the stablecoin is aimed at improving the speed and reducing the cost of international payments processed through its network.

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Fintech Finance

JANUARY 17, 2025

In a significant milestone for the fintech industry, Paysend , the UK-based global payments platform, has announced reaching 10 million consumer customers worldwide. The post Paysend Celebrates 10 Million Consumer Customers Milestone: Simplifying Cross-Border Payments for Everyone appeared first on FF News | Fintech Finance.

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Fintech Finance

DECEMBER 16, 2024

By leveraging innovative stablecoin technology, theyre leapfrogging outdated infrastructure to create a seamless, efficient, and inclusive cross-border payment system that reshapes how Africans connect with the global economy. We couldn’t be more excited to support their journey! In 2023, Africa received an estimated $90.2

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Fintech Finance

FEBRUARY 6, 2025

FXellence , a provider of fast, simple, and secure international business payments, has announced the launch of its new cross-border payment platform for businesses, FXellence International Payments, powered by Currencycloud , a Visa Direct offering.

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Fintech Finance

JANUARY 17, 2025

We aim to address existing challenges in cross-border payments and seize opportunities through innovative solutions. Our partnership with Cairo Amman Bank will be instrumental in bringing convenient and secure cross-border payment solutions to Jordan. billion in 2023, an increase from USD4.91

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Fintech Finance

NOVEMBER 1, 2024

The Challenge Cross-border payments are critical yet often costly and complex, especially for growing businesses expanding into Southeast Asia and South Asia. Geopolitical shifts have diversified supply chains, and real-time payments have become the preferred method for digital transactions in these regions.

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Fintech Finance

NOVEMBER 15, 2024

TransferTo , a Singapore-based global technology group, and Ecobank Group the leading pan-African financial institution, announce a landmark Memorandum of Understanding (MOU), laying the groundwork to transform financial access and cross-border payment solutions across Africa.

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Fintech Finance

MARCH 12, 2025

Boost Payment Solutions , a global leader in B2B payments, today announced a partnership with international payment pioneer TransferMate that is designed to address the growing demand for cross-border payments. based BINs to expand the reach of those programs into cross-border payments.

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Fintech News

APRIL 21, 2025

Circle Internet Group announced the launch of its Circle Payments Network (CPN), a new system designed to connect financial institutions for cross-border payments using regulated stablecoins. The post Circle Launches Stablecoin Payments Network for Cross-Border Settlements appeared first on Fintech Singapore.

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Fintech News

MAY 26, 2025

Southeast Asias rapid digital growth is creating major opportunities for high-growth enterprises, but when it comes to managing cross-border payments, many businesses are still held back by fragmented infrastructure, currency complexities, and inefficient payment processing systems.

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The Fintech Times

DECEMBER 20, 2024

Morgan Stanley is teaming up with Wise to bring faster and smoother cross-border payments to its corporate clients, making it the first investment bank to integrate Wises global payments platform.

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The Fintech Times

NOVEMBER 12, 2024

Turkish customers using financial services provider, Papara , will now be able to send money into three billion mobile wallet accounts, four billion bank accounts and 15 billion cards in over 80 currencies and to more than 130 countries following a new partnership with Thunes , the cross-border payment infrastructure provider.

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Fintech Finance

DECEMBER 3, 2024

NYSE: CPAY), a global S&P 500 corporate payments company, completed the acquisition of GPS Capital Markets, LLC, a business-to-business cross-border solutions provider to upper middle market companies, primarily in the U.S. With the addition of Paymerang and now GPS, we expect our Corporate Payments business to exceed $1.5

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The Fintech Times

MARCH 12, 2025

Ximena Aleman, co-founder and co-CEO of Prometeo Legacy cross-border banking solutions have historically struggled to integrate between financial infrastructures, creating significant challenges for businesses to access new markets, said Ximena Aleman , co-founder and co-CEO of Prometeo.

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Fintech News

JANUARY 7, 2025

Cross-border payment firm XTransfer has received the Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). The company, founded in 2017, specialises in cross-border payment solutions tailored to small and medium-sized enterprises (SMEs).

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The Fintech Times

MARCH 15, 2025

There is a growing demand for cross-border payments across the globe. Looking to meet this demand, B2B payments organisation, Boost Payment Solutions has partnered with international payment firm, TransferMate.

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The Fintech Times

DECEMBER 1, 2024

In a move to make cross-border transfers more accessible and seamless for customers, HSBC Singapore has been working alongside money movement solutions provider, Dandelion. This enhancement tripled HSBC’s cross-border payment capabilities, adding 50 new destinations and 40 new currencies.

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Fintech Finance

NOVEMBER 11, 2024

Thunes , the Smart Superhighway to move money around the world, today welcomed Papara , Türkiye’s leading fintech company, as a new Member of its Direct Global Network, and allies to facilitate cross-border payments to and from Türkiye.

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Finextra

MAY 29, 2025

The panel session Evolving Business Models in Cross-Border Payments, explored the complexity and evolution of modern cross-border payments.

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Fintech Finance

OCTOBER 29, 2024

The partnership brings Airwallex’s global payments and financial operating capabilities into the Viably ecommerce financial platform, allowing businesses to simplify cross-border transactions and management of multiple currencies in a single account.

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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 Finance

NOVEMBER 26, 2024

Tranglo, a leading cross-border payment hub, has expanded its footprint in Africa, now supporting payouts in Ethiopia, Kenya, Liberia, Madagascar, Mali, Senegal, and Zambia. Tranglo tackles this with its efficient and cost-efficient solutions, making cross-border payments simpler and more affordable.

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The Fintech Times

APRIL 9, 2025

Leveraging scalable infrastructure, technical support, and localisation capabilities from Stripe, Luckin Coffee has established a robust cross-border payment system to power its growth in Singapore and Malaysia. This ensures a frictionless payment flow that complements the fast-paced nature of coffee consumption.

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The Fintech Times

JANUARY 12, 2025

Bank Alfalah , a commercial bank in Pakistan with a network of over 1,000 branches, has acquired a stake in Jingle Pay , a UAE-born fintech specialising in cross-border money transfers licensed by the Dubai Financial Services Authority (DFSA). per cent equity in the fintech firm.

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Fintech Finance

APRIL 1, 2025

Centiglobe , a leading fintech company specializing in cross-border payment infrastructure solutions, today announces a new collaboration with Mastercard Move – Mastercard’s portfolio of global money movement solutions. Unlike traditional cross-border payment models, Centiglobe does not charge per transaction.

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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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Fintech News

FEBRUARY 19, 2025

Thunes, a global payments company specialising in cross-border transactions, has expanded its Direct Global Network to Taiwan. This expansion offers a real-time alternative to traditional cross-border payment systems for transfers to bank accounts in Taiwan. billion, a 4.4% increase from January 2024.

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Fintech Finance

APRIL 17, 2025

These benefits could extend beyond payments on the Swift network to include any that leverage a unique end-to-end transaction reference (UETR), a standard that enables transparency on a payment’s status and location at any stage of its lifecycle. This is significant progress towards frictionless payments.

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Fintech Finance

JANUARY 8, 2025

1 B2B Cross-Border Trade Payment Platform , was granted the Major Payment Institution (MPI) License under the Payment Services Act 2019 by the Monetary Authority of Singapore (MAS). This significant milestone strengthens XTransfer’s leading position in the B2B cross-border payments industry.

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Fintech Finance

MARCH 24, 2025

By integrating with RTGS.global’s instant settlement infrastructure, TransferMate will deliver seamless, real-time international payments for RTGS.global’s business customers, reducing reliance on traditional banking intermediaries and eliminating the risk associated with moving money cross-border.

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