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FXC Intelligence, a data platform specializing in the cross-borderpayment and e-commerce sectors, has released its annual Cross-BorderPayments 100 list, highlighting the 100 most influential players in global payments. The company is currently valued at US$5.5 billion, according to CB Insights.
FXC Intelligence, a data platform specializing in the cross-borderpayment and e-commerce sectors, has released its annual selection of the world’s most promising cross-borderpayments companies in 2024. Another company from Singapore featured on the list is Tazapay.
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.
Aspire has partnered with fintech infrastructure provider Episode Six to introduce a multi-currency corporate card for small and medium-sized businesses (SMBs) in Singapore and Hong Kong. The new card is aimed at helping Aspires 50,000 SMB customers manage cross-borderpayments more efficiently.
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.
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-borderpayment capabilities, adding 50 new destinations and 40 new currencies.
Businesses and consumers paying into and out of the Middle East and North Africa (MENA) region will benefit from faster, cheaper and more transparent cross-borderpayments through a public-private collaboration between Mastercard and the Arab Regional Payment System, Buna.
In this exclusive Fintech Review interview, Adam Swartzbaugh, CEO of Almond FinTech , discusses transformative cross-borderpayment technology. Almond’s blockchain-driven Settlement Optimization Engine (SOE) addresses critical speed, transparency, and cost challenges in cross-borderpayments.
Cross-borderpayment firm XTransfer and OCBC Bank have announced a partnership to provide small and medium-sized enterprises (SMEs) with enhanced financial services for international trade. The collaboration focuses on payment processing, foreign exchange, risk management, and wealth management solutions tailored to SMEs.
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.
This collaboration makes Nium the first fintech payment service provider to join the Partior network, unlocking new capabilities such as programmable enterprise liquidity management and Just-in-Time multi-bank payments for financial institutions.
This collaboration leverages Bank Alfalah’s extensive infrastructure to amplify Jingle Pay’s impact on cross-borderpayments and digital banking, advancing its ambitious vision for the MENAP region. The partnership will create synergies in cross-borderpayments strengthened by shareholder MoneyGram.
In a recent webinar hosted by the Fintech News Network, experts from the Bank for International Settlements (BIS), Wise, Airwallex, and LexisNexis Risk Solutions explored the latest trends and developments in cross-borderpayments, emphasizing the pioneering role of Southeast Asia in this rapidly evolving landscape.
Langbridge joined from Currencycloud where she played a key role in transforming the company from a UK-centric startup into a global cross-borderpayments company. Prior to joining Wise Platform, Sandhofer built out the European Commercial function at Nium and held senior roles at Payoneer and UniCredit.
As Canadian businesses look to expand internationally, one crucial component of successful growth is handling cross-borderpayments smoothly and efficiently. Many payment processors offer international capabilities, but it’s important to select one that aligns with your target markets.
Cross-borderpayment firm XTransfer is leveraging its success in China to fuel an ambitious global expansion plan. A focus on Southeast Asia Founded in 2017 and headquartered in Shanghai, XTransfer is a business-to-business (B2B) cross-borderpayment specialist.
The Interledger Foundation , an organization building and advocating for an open, interoperable payment network, and Chimoney , a fintech company providing multi-currency wallets and infrastructure for cross-borderpayments, today announced their work to power cross-borderpayments between more than 130 countries worldwide.
Here, he provides insights on cost-effective cross-borderpayment strategies for businesses. Sam Coyne, CEO, Currenxie Accelerating and reducing the cost of cross-borderpayments is a critical concern for any business operating in the international arena.
Today, Ripple , the leader in enterprise blockchain and crypto solutions, announced a new partnership with Clear Junction , the global leader in cross-borderpayments solutions for regulated institutions. A host of new currencies are scheduled to be switched on for Ripple customers later this year.
BC Payments, a Singapore-based subsidiary of Luxembourg-licensed bank Banking Circle , has received in-principle approval (IPA) from the Monetary Authority of Singapore (MAS) for a Major Payment Institution (MPI) license. Banking Circle is regulated by the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg.
The Interledger Foundation, an organization building and advocating for an open, interoperable payment network, and Chimoney, a fintech company providing multi-currency wallets and infrastructure for cross-borderpayments, today announced their work to power cross-borderpayments between more than 130 countries worldwide.
As growth remains the top priority for SMBs, nearly 79% are focused on expanding through cross-border transactions. Aspires Visa card empowers Hong Kong SMBs to thrive in the modern global economy by offering access to multi-currency and seamless cross-borderpayments.
Clear Junction , a global leader in cross-borderpayments for regulated financial institutions, has once again been recognised in the 2025 FT 1000 , the Financial Times’ prestigious ranking of Europe’s fastest-growing companies.
This makes QNB the first bank in Qatar to use KDP’s blockchain deposits accounts for 24/7 settlement of their corporate flows, facilitating and automating on-demand multi-currencycross-borderpayments. This was the first-of-its-kind commercial payment offering between Kinexys by J.P.
In a recent interview, Rohit Narang, Vice President for the Asia-Pacific region at Visa Cross-Border Solutions, powered by Currencycloud, shared insights into the acquisition of Currencycloud by Visa, shedding light on the evolution of their collaboration and the impact it has had on global money movement.
The in-principle approval (IPA) for a major payment institution (MPI) licence means Currenycloud can offer customers based in Asia Pacific the ability to collect, convert, hold, send, and spend multiple currencies simultaneously across 180 countries and territories.
Making cross-borderpayments simple Liv, the UAE’s first and largest digital bank launched by Emirates NBD, is introducing a new way to flex, letting people access multiple currency accounts from a single card. Dollar, British Pound, Euro, Canadian Dollar and Australian Dollar.
. “For Visa, this is an opportunity to deliver innovations that enhance payment experiences across Asia Pacific with greater flexibility, security, and convenience. Visa is committed to meeting the evolving demands of consumers and merchants, ensuring seamless and secure payments.”
Powered by Airwallex’s global financial infrastructure and payments capabilities, Panax customers can now directly execute cross-borderpayments and foreign exchange (FX) transactions within the Panax platform.
As a result of leveraging Airwallex’s end-to-end payment system, McLaren Racing today receives competitively priced foreign exchange (FX) rates and moves money through an extensive local payout network. McLaren Racing now has the flexibility to pay each global vendor in their local currency while reducing transfer times.
E-commerce payments provider dLocal has added a merchant dashboard to provide a simpler display of transactional data and multi-currency management for cross-borderpayments.
We are committed to advance inclusive growth through AI-powered innovation and collaboration on cross-border travel, trade, commerce and inclusive finance. Based in Singapore, Ant International provides partners across industries and markets a comprehensive range of digital payment and financial technology solutions.
YouTrip, a Singapore-based multi-currency digital wallet, has launched a new service enabling users to send money internationally. The feature allows transfers in local currencies to more than 40 countries via bank transfers and instant payment methods like DuitNow, GCash, and UPI in select countries.
Payoneer has quietly built one of the most robust and widely used financial platforms for cross-borderpayments. Founded in 2005, the company now serves over five million users in more than 190 countries, facilitating transactions in over 150 currencies. Its an embedded , multi-rail solution for global digital commerce.
Numeral , a Mambu company and leading payment technology provider for financial institutions, and Argentex Group PLC, a London-headquartered currency risk management and alternative banking specialist, today announced that Argentex has selected Numeral as its strategic payment technology provider to transform its payments and FX infrastructure.
Yellow Card , Africa’s leading stablecoin on/off ramp, has announced that it is integrating digital asset infrastructure provider Fireblocks to improve cross-border transactions for both businesses and individuals.
Rising Demand for Correspondent Services Wise Platform’s Correspondent Services, launched at Sibos last year in collaboration with Swift , allows partners to send and receive international payments instantly.
Currencycloud, experts simplifying business in a multi-currency world, and Pyvio (Hong Kong), the fintech building ‘Glocal’ financial services infrastructure, have announced a partnership offering efficient and cost-effective cross-borderpayment solutions for Chinese e-commerce businesses operating in emerging markets.
Central bank digital currencies (CBDCs) have a lot of potential to uproot the cross-borderpayments market. The cross-borderpayment was completed using the Central Bank of the UAE’s (CBUAE) mBridge platform and marks a significant step forward in the international payments market.
CurrencyWave , a Leeds-based cross-borderpayments firm, has launched a new multi-currency account to help remove borders from paying in foreign currencies for smaller firms, a report from Business Up North states. For example, if a U.S. workforce. In terms of U.S.
The goal of the new format is to enhance the quality of financial messaging, facilitate cross-borderpayments, and reduce manual processing. Finzly’s Fedwire solution provides instant settlement, real-time visibility, and complete automation for Fedwire payments.
We don’t talk about sending emails cross-border, even though that is what we are all doing when we send emails to our pals in India or Turkey or the U.K. But when it comes to the movement of money, both senders and receivers are often met with complexities and costs that only increase as those payments move across borders.
What are cross-borderpayments for SMBs? Cross-borderpayments for small and medium-sized businesses (SMBs) include companies that enable SMBs to accept payments and send funds to other businesses internationally. Want the full expert post? Become a CB Insights customer.
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