Finovate

NOVEMBER 5, 2024

Global bank Standard Chartered unveiled this week that it has teamed up with cross-border payments fintech Wise (formerly TransferWise). The bank has selected Wise Platform , Wise’s global payments infrastructure for banks, to power international payments for SC Remit , Standard Chartered’s cross-border payment service.

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Cross-Border Payments Cross-Border Multi-Currency Stablecoins 52

Clearly Payments

NOVEMBER 19, 2023

In a time defined by globalization, businesses often look to cross international borders for expansion. These accounts, tailored for cross-border transactions , enable businesses to accept payments in various currencies and broaden their customer base globally.

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Cross-Border Cross-Border Payments Accounts Multi-Currency 52

Fintech Finance

MAY 1, 2024

Today, Borderless AI , a leading Employer of Record (EOR) services provider, announced its strategic partnership with Nium , the global leader in real-time, cross-border payments, aiming to revolutionize cross-border payments in the EOR industry.

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Cross-Border Payments Cross-Border AI Payroll 52

Finovate

OCTOBER 11, 2024

Previously called “Cardlite,” the solution will enable BOCHK to enhance the customer experience with new offerings, including its multi-currency Mastercard debit card. The company will use the funds to further build out its financial platform and help encourage the development of the Web3 ecosystem in Hong Kong.

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Multi-Currency Stablecoins Visa Cross-Border Payments 104

PYMNTS

MARCH 26, 2019

For many firms, these trends are forcing the introduction of an FX strategy on a company for the very first time, and when corporate treasurers aren’t prepared, they can run into complications beyond the cost of currency exchange. billion paid to finserv providers in hidden cross-border payment fees in Europe.

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Risk Cross-Border Cross-Border Payments Multi-Currency 69

Finovate

AUGUST 12, 2024

LianLian, which specializes in cross-border settlement services with instant payouts, selected Thredd to power its Yueda virtual card product. “Utilising Thredd’s virtual card issuing capabilities we will be able to deliver on our ambitious growth plans for 2024 and beyond,” said LianLian Global Co-CEO Tim Shen.

APACS 52

APACS Cross-Border Settlement Cross-Border Payments Cross-Border 52

Clearly Payments

DECEMBER 3, 2023

Payoneer: Cross-border payment platform (International). Rapyd: Global fintech platform for local and cross-border payments (International). Multi-Currency Support: The ability to process transactions in multiple currencies is essential for businesses catering to an international customer base.

Payment Gateways 105

Payment Gateways Gateways Payment APIs and Integration Online and Mobile Banking 105

PYMNTS

JUNE 7, 2018

As the world continues to shrink and companies do more business beyond their borders, quick and efficient fund transfers and reconciliations have become crucial to keeping everything organized and everyone happy. Supply Chains, Multi-Office Companies and International Performers.

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Multi-Currency Master Account Reconciliation Faster Payments 46

Stax

MARCH 14, 2024

Cross-border B2B payments can be complicated due to currency conversions, regulatory compliance, and varying banking systems. What’s more, if the funds are not available at the time when the receiver tries to cash the check, it will bounce, and bank fees will need to be paid. These are the most common: 1.

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B2B Process B2C Credit Cards 88

Stax

JANUARY 15, 2024

They must also follow regulations, such as the Electronic Fund Transfer Act , mandating fee disclosure for electronic transactions. State-specific laws and restrictions Each state has an independent authority to regulate surcharging within its borders. Utilizing global payment networks (Visa, Mastercard, etc.)

Credit Cards 88

Credit Cards PCI DSS Compliance Process 88

EBizCharge

MAY 15, 2024

Payment methods commonly used in B2B transactions include bank transfers, checks, electronic funds transfers (EFT) , credit cards, and increasingly digital payment platforms. Payment Authorization: Before the funds are transferred, the payment may undergo authorization processes to ensure security and legitimacy.

B2B 52

B2B Wire Transfer Payments Payment Gateways 52

PYMNTS

APRIL 17, 2020

Focusing exclusively on wire transfers will not get companies far, however, because smaller providers may prefer PayPal, check or even cash. That could mean buyers may have to pay a few hundred dollars in hard currency or send small amounts through digital money transfer services in exchange for desirable spices.

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Accounts Security Wire Transfer MFA 60

Fintech News

MAY 23, 2024

The Corporate Banking segment serves corporate clients, governments, and financial institutions with a range of services including accounts, loans, and foreign currency products. The Corporate Banking segment delivers services such as deposits, loans, trusts, trade-related products, other credit services, and foreign currency services.

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Online and Mobile Banking Treasury Non-Bank Credit Cards 130

Fintech News

DECEMBER 15, 2024

This marks a critical milestone in the exploration of a Central Bank Digital Currency (CBDC). The PoC tested two DLT platformsCorda by R3 and Hyperledger Besu by Kaleidoevaluating their ability to support key processes such as issuance, redemption, and fund transfers.

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CBDC Distributed Ledger Technology (DLT) ISO 20022 Cross-Border 109

Fintech News

JANUARY 9, 2025

Indonesia has reached a significant milestone in its journey toward exploring the potential of Central Bank Digital Currencies (CBDCs) with the completion of the Proof of Concept (PoC) for the wholesale Digital Rupiah under the auspices of Bank Indonesias Project Garuda. Smart contracts played a crucial role in automating these processes.

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Distributed Ledger Technology (DLT) Multi-Currency Interoperability ISO 20022 123

Fintech News

APRIL 1, 2025

Lastly, the best digital banks may cater to global users by offering cross-border capabilities, supporting international transactions and multi-currency accounts. It offers digital banking with deposit and loan products, a wealth management dashboard, money transfers, a financial marketplace, and more.

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Online and Mobile Banking Multi-Currency Authorization Regulations 122