Remove Cross-Border Remove eWallet Remove Multi-Currency
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Stablecoins, smart contracts and the rise of more intelligent cash

Finextra

In a world increasingly run by AI’s, programmable stablecoins are the natural currency and could become the financial fuel behind an AI-driven economy. What’s more, startups can pay contractors in stablecoins, skip wire transfer fees and move capital in minutes via lower-cost cross-border transactions.

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Yandex.Money Targets Freelancers With Multi-Currency Solution

PYMNTS

Russia-based electronic payments company Yandex.Money is rolling out new multi-currency services with an eye on freelancers. In a press release issued Thursday (March 28), the company announced the launch of accounts and cards that support payments and transactions in multiple currencies, including U.S.

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 Visa B2B Connect Goes Global

PYMNTS

Visa and Mastercard each made headlines in the payments infrastructure and cross-border realms, eyeing digital payments and B2B payments. As reported earlier in the week, Visa launched B2B Connect , a network focused on enabling financial institutions (FIs) to help their clients make B2B payments across borders.

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FinTech-As-A-Service Eyes Global Payments Simplification Makeover

PYMNTS

We believe that, five years down the road, this is what is going to happen in FinTech,” through a flexible and multi-faceted platform geared toward helping companies — small and large — offer services across geographies. Fund disbursements include push-to-card and local eWallet options. The Transition In Payments, Too.

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Grab’s Financial Unit Announces Remittance Offering

PYMNTS

In a press release, Grab said the launch of the remittance offering marks a “significant milestone” toward the company’s vision for on ASEAN eWallet that will improve financial inclusion for the growing middle class and micro-entrepreneurs in the region. Grab made the announcement during the 33rd ASEAN Summit.

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Bitcoin Daily: Monerium Partners With Algorand To Enable Blockchain Transactions; Square To Build Lightning Development Kit To Enhance Bitcoin Wallets

PYMNTS

Monerium lets its customers develop their financial services based on the blockchain, including cross-border settlements using fiat currency. Monerium stores fiat currency deposits for clients and releases them in a digital form on a blockchain. Sean Ford, Algorand’s chief operating officer.

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How To Live Forever In The Financial Services Space

PYMNTS

The business has evolved into a device agnostic, any-to-any platform offering transfers in cash, real-time bank account credits, and eWallet transactions. When you transfer money across borders, AML compliance becomes very important. Today, we cover more than 150 markets and handle close to $30 billion in transfers.