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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.
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. One of Singapore’s entries is Partior. Another company from Singapore featured on the list is Tazapay.
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.
As Canadian businesses look to expand internationally, one crucial component of successful growth is handling cross-borderpayments smoothly and efficiently. As global online shopping grows rapidly, consumers expect seamless payment experiences. Canadian merchants selling in the U.S.
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.
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.
Spendesk , the leading spend management and procurement platform for mid-market companies, today announces its partnership with Wise Platform , Wise’s global payments infrastructure for banks and enterprises, to provide internationalpayments.
NextGen data-driven core banking engine SaaScada today announced it was selected by ARIE Finance to power its internationalpayment service for mid-sized B2B businesses. ARIE Finance aims to be the first B2B company with a PSP license in Mauritius and will act as a payment gateway into Africas complex but lucrative market.
Over the past year Wise Platform , Wise’s global payments infrastructure for banks, financial institutions and larger enterprises, has further enhanced its product suite for partners and significantly expanded its global regulatory footprint.
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.
Global technology company Wise has launched in Mexico as part of its growth plans in the Americas, following an earlier expansion in Brazil, and its goal of enhancing crossborderpayments. The new service is designed for Mexican nationals who need to send money abroad, enabling a simple method for international money transfers.
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.
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 internationalpayments market.
Airwallex , a leading global payments and financial platform for modern businesses, today revealed how its global financial technology has improved McLaren Racing’s financial operations throughout the 2024 Formula 1 season. McLaren Racing now has the flexibility to pay each global vendor in their local currency while reducing transfer times.
AstroPays multicurrency wallet is aiming to redefine cross-borderpayments with real-time conversion at the best rates eliminating hidden fees, long waits, and outdated banking barriers.
Millions of people across Latin America remote workers, business owners, and travelers need a better way to move money across borders. AstroPays multicurrency wallet is redefining cross-borderpayments with real-time conversion at the best rates eliminating hidden fees, long waits, and outdated banking barriers.
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.
Offering mobile and contactless payment options can improve customer experience and increase sales. Higher Interchange Fees International card transactions often have 0.5% Higher Interchange Fees International card transactions often have 0.5% to 1% higher fees compared to domestic transactions.
International businesses face significant challenges when managing payments across borders. In addition to navigating multi-country operations and handling diverse currencies for payments and receipts, they must also address foreign exchange (FX) riskor exchange rate risk. process inefficiencies).
The integration of Payoneer with Populii enables gig workers to effortlessly track payments and grants seamless access to multi-currency functionalities. Tech Mahindra’s collaboration with Payoneer streamlines secure and flexible cross-border transactions for all stakeholders involved.
Treezor Enables card issuance, bank accounts, payment processing, and lending via a unified API layer. Best for : Platforms requiring multi-product financial offerings. Best for : Fintechs needing access to UK payments rails like FPS, BACS, and CHAPS. Best for : Startups and enterprises already using Stripe for payments.
The agreement allows FOMO Pay to streamline USD payments by leveraging BNY’s direct clearing capabilities, global reach, and expertise to improve the speed and efficiency of cross-border transactions. The collaboration integrates BNY’s payment infrastructure with FOMO Pay’s offerings.
Global bank Standard Chartered unveiled this week that it has teamed up with cross-borderpayments fintech Wise (formerly TransferWise). The bank has selected Wise Platform , Wise’s global payments infrastructure for banks, to power internationalpayments for SC Remit , Standard Chartered’s cross-borderpayment service.
The business division of Western Union will work with Isabel Group , a Belgian company providing multi-bank services through its B2B network Isabel 6, to grow connectivity in Belgium, according to a press release. This type of partnership is part of our DNA at Western Union Business Solutions," he said in the release. "We
Wise Platform provides banks, financial institutions and global enterprises around the world with the capabilities, technology and network to enable fast, secure and cost-effective internationalpayments for their customers.
Visa and Currencycloud, an enterprise-class payments platform, announced on Tuesday (June 4) a partnership to drive more innovation in cross-border and travel payments. Currencycloud exists to take the complexity out of internationalpayments,” stated Mike Laven, CEO of Currencycloud.
Those numbers allow payments to be routed to regular bank accounts, but with platforms such as on offer by Monneo give online enterprises a single access point to obtain IBANs on offer from a collection of European banks. Discussing flexibility, she said businesses can get access, through virtual IBAN, to many payment types.
The new Payment Accounts solution enables businesses to hold, convert and transact in multiple currencies, tackling challenges like high currency conversion costs as well as managing multiple accounts. As cross-border trade becomes more complex, businesses need payment solutions that are adaptable, secure, and scalable.
When you think about financial technology, it is easy to think about solutions which are making payments faster, easier and more accessible. Having discussed the myths , hype and usage of buy now pay later (BNPL), we now turn our focus to cross-borderpayments.
Ampere is now at the forefront of the Neobanking industry enabling its customers access to card-to-card payments, which converts over 60 different currencies at a faster and cheaper rate than traditional banking systems. Ampere removes until-now inconvenient delays and complications associated with internationalpayments.
Ampere is now at the forefront of the Neobanking industry enabling its customers access to card-to-card payments, which converts over 60 different currencies at a faster and cheaper rate than traditional banking systems. Ampere removes until-now inconvenient delays and complications associated with internationalpayments.
As the subscription model becomes increasingly prevalent across industries, payment processors are focused on enhancing the flexibility and reliability of their recurring payment solutions, ensuring they can meet the evolving needs of businesses and consumers alike.
As businesses expand internationally, they encounter challenges such as high currency conversion costs, foreign exchange risks, and the complexity of managing multiple bank accounts. s in-house tech team in Frankfurt, this solution aims to reduce transaction fees, expedite internationalpayments, and simplify cash flow management.
In a time defined by globalization, businesses often look to crossinternationalborders for expansion. One pivotal tool that facilitates this global reach is the international merchant account. This can help reduce currency conversion costs and streamline financial operations.
A culinary luxury is facing increased demand in new, farther-flung markets, creating the need for efficiency and flexibility in cross-border receivables infrastructure. Worldwide happenings in the X-Border space. Dutch bank ABM AMRO recently launched Franx, a new cross-borderpayments platform.
IFX Payments’ performance comes against a backdrop of a large growth in internationalpayments and a surge in demand for solutions to manage them, such as its flagship ibanq platform. This record financial year is a testament to the hard work and dedication of the IFX Payments team.
Yet as crossborder trade picks back up, the foreign exchange and global payments needs of businesses will intensify. Beyond Payments Initiation. FXPress entered the market with a focus on cross-borderpayments and foreign exchange services. Open banking and PSD2 initiatives in the U.K.
The Visa partnership offers users secure, cross-borderpayments in multiple currencies while taking advantage of Airwallex’s competitive foreign exchange rates. Starting now, Australian Airwallex users can distribute virtual payment cards in multiple currencies to pay suppliers instantly. .
Worldline partners with BOCHK Internationalpayment services company Worldline has forged a partnership with the Bank of China (Hong Kong), also known as BOCHK. The technology supports Mastercard’s multi-currency card, and provides an infrastructure that accelerates time-to-market and deployment of new products and services.
Currencycloud, the experts in simplifying business in a multi-currency world, has partnered with BriskPe , the Mumbai-based cross-borderpayments Fintech, to expand BriskPe’s customers’ payment options.
The partnership with Currencycloud enables multifi to enhance its service by providing its SMB clients with an efficient international foreign exchange payment solution where they can payout locally to more than 180 countries.
With its proprietary infrastructure, Airwallex takes the friction out of global payments and financial operations, empowering businesses of all sizes to unlock new opportunities and grow beyond borders. It also comes a payment card which allows users to spend their crypto directly in fiat currency.
Indeed, as recent PYMNTS research has shown , many countries around the world are rolling out instant payment schemes that bring speed and convenience to payments made within their own borders. Cross-BorderPayments. That might include insurance or multi-currency travel cards.
World First is launching a cross-borderpayments platform for SMEs. company said Tuesday (May 9) that it is rolling out its World Account solution, an internationalpayments platform for B2B payments developed for smaller businesses. “Our research shows that over 1.5 economy. .”
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