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.

Cross-Border Payments

Fintech News

MARCH 18, 2025

HitPay , a payments solution provider for businesses, has partnered with NPCI International Payments Limited (NIPL) to integrate Indias Unified Payments Interface ( UPI ) into its platform, This move will enable Singapore merchants to accept UPI payments for both in-store and e-commerce transactions.

Cross-Border Payments

Finextra

JULY 30, 2025

Fedwire: The Foundation of US High-Value Payments Around the world, Real-Time Gross Settlement (RTGS) systems such as CHAPS in the UK and TARGET2 in Europe have already completed their ISO 20022 transitions. Many cross-border payment networks, including SWIFT CBPR+, are also actively migrating.

ISO 20022

The Payments Association

MARCH 19, 2025

The high price of legacy in a payments-first world Banks that continue to rely on legacy infrastructure face mounting challenges: Limited scalability: Legacy tech wasnt built for real-time, cross-border, 24/7 payments or seamless integration with regional schemes.

Payment APIs and Integration

Fintech Finance

NOVEMBER 4, 2024

With over 65 licenses globally and now six direct connections to domestic payment systems, this infrastructure enables over 63% of all Wise transactions to be completed instantly (under 20 seconds), with an average fee of 0.62%.

Instant Payments

The Payments Association

APRIL 28, 2025

Key insights from the PAY360 2025 survey on current challenges and opportunities in the payments sector. It highlights how industry leaders are prioritising AI, cross-border payments, and digital currencies while grappling with regulatory, technological, and customer demands. Why is it important? What’s next?

Cross-Border Payments

The Fintech Times

JUNE 2, 2025

With these partnerships, Jaywan cardholders will have the flexibility to transact worldwide, leveraging the global reach of international payment networks. Jaywan will introduce debit and prepaid co-badged cards for everyday transactions, salary disbursements, and secure cross-border payments.

Agreements

Finovate

JUNE 6, 2025

TransferMate Announces Strategic Partnership with Deutsche Bank Embedded B2B payments infrastructure-as-a-service company TransferMate has forged a strategic partnership with Deutsche Bank. The partnership will enable TransferMate to provide in-country collections, cross-border payments, and local fund storage.

Cross-Border Payments

Fintech Finance

APRIL 24, 2024

The replacement RTGS system, slated for readiness in August 2024, makes support for ISO 20022 a prerequisite for all international payments from the SWIFT deadline. The shift in cross border payments is the first step in what will become a broader adoption of the ISO 20022 standard in the payments environment as a whole.

ISO 20022

Fintech News

JUNE 11, 2024

Licensed as a Major Payment Institution (MPI) by the Monetary Authority of Singapore (MAS), OPAL offers domestic and cross-border payments, payment accounts, and e-money services. The implementation was planned for the progressive phasing in of new services, and the experience for the initial phase was smooth.

Cross-Border Payments

Fintech Finance

NOVEMBER 8, 2024

Nium , the leading global infrastructure for real-time cross-border payments, today announced a partnership with Ecobank Transnational Incorporated., the leading independent pan-African financial services group, to enable seamless cross-border payments across 35 African markets for more than 32 million customers.

Cross-Border Payments

Fintech Finance

SEPTEMBER 12, 2024

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-border payments, today announced their work to power cross-border payments between more than 130 countries worldwide.

Cross-Border Payments

Fintech Finance

OCTOBER 21, 2024

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.

Cross-Border

Fintech News

DECEMBER 11, 2023

Singapore-based fintech firm Lightnet has entered a global partnership with B2B global payments infrastructure-as-a-service provider TransferMate with the aim to enhance cross-border remittance and payment solutions.

International Payments

Fintech News

MAY 7, 2024

FXC Intelligence, a data platform specializing in the cross-border payment and e-commerce sectors, has released its annual selection of the world’s top cross-border payment companies, recognizing the leading publicly traded companies, startups and private companies operating in the space worldwide.

Cross-Border Payments

Fintech Finance

OCTOBER 21, 2024

Nium , the leading global infrastructure for real-time cross-border payments, today announced that financial institutions can now leverage Swift capabilities and their existing Swift infrastructure to connect to Nium’s global real-time payments network.

Real Time Payments

PYMNTS

OCTOBER 15, 2020

Cross-border payments are a necessary, yet often frustrating part of the world economy, with international transactions prone to overlapping government regulations, excessive fees and slow processing times. Developments From Around The World of Payments Modernization. billion by the end of this year.

Correspondent Bank

PYMNTS

JULY 31, 2019

international transactions per capita every year, up from 0.5 So, why do cross-border payments present so many challenges? Some payments providers are also leveraging blockchain and distributed ledger technology (DLT) to meet these needs, expediting the cross-border payment process.

Cross-Border Payments

PYMNTS

AUGUST 16, 2019

Cross-border payments are expected to surge over the next few years as the economy becomes increasingly global and interconnected. The latest Smarter Payments Tracker looks at the infrastructure developments that are making cross-border payment systems faster, more seamless and interoperable.

Cross-Border Payments

PYMNTS

OCTOBER 11, 2018

Earthport , a global payments company, announced Thursday it has been named by BNP Paribas to provide Automated Clearing House (ACH) cross-border payment services. With the partnership, BNP Paribas will gain access to Earthport’s payments network, offering lower costs and transparent international payments. “

Cross-Border Payments

PYMNTS

MAY 22, 2019

Mastercard and Interac, the global and domestic payment networks, announced Wednesday (May 22) they are collaborating to offer customers in Canada a fast and easy way to send money internationally. ” According to Mastercard and Interac, Canada is a big market for international payments given its diverse population. .

Cross-Border Payments

PYMNTS

SEPTEMBER 19, 2018

PNC Treasury Management joined the Ripple cross-border payments network that uses blockchain to facilitate global transactions. Payments sent from across borders can be received in real time via RippleNet , the firms noted, providing a boost to corporate payees’ cash flows.

Cross-Border Payments

PYMNTS

OCTOBER 8, 2020

International payment platform dLocal has grown its payment network to include Panama, Costa Rica and the Dominican Republic to help retailers accept and distribute local payments, according to a Thursday (Oct. 8) announcement. “As

Cross-Border Payments

PYMNTS

JULY 31, 2019

Money is moving faster than ever, with innovations making it possible for consumers and businesses to send and receive payments within minutes as opposed to days. These innovations can save valuable time and money, but they do not often solve issues associated with international payments.

Cross-Border Payments

Fintech News

AUGUST 27, 2024

Payments giant Visa and global neobank Revolut have announced a global partnership aimed at simplifying international payments for businesses. This collaboration introduces instant card transfers for Revolut Business customers through Visa Direct, a real-time payment network.

Cross-Border Payments

Fintech News

MARCH 27, 2024

London-based fintech Paysend has expanded its partnership with Currencycloud , a provider of B2B embedded cross-border solutions, to extend its international money transfer services worldwide. Looking ahead, Currencycloud will support Paysend in launching new consumer products and services planned for late 2024.

Cross-Border

PYMNTS

DECEMBER 28, 2020

Digital currencies could render the SWIFT global payments network unnecessary, RT.com reported, citing the Central Bank of Russia (CBR). SWIFT currently expedites cross-border payments for 11,000 banks across more than 200 countries. dollar and could make digital payments more affordable.

Central Bank

PYMNTS

AUGUST 16, 2019

Corporate leaders want cross-border systems to deliver that same level of responsiveness. The cross-border payment space is ready — and perhaps overdue — for disruption. Change is being fueled by shifting regulations and emerging digital technologies that enable faster payment capabilities.

Cross-Border Payments

PYMNTS

SEPTEMBER 20, 2020

The expansion and teaming with Western Union Business Solutions will help it reach Western Union's global payments network, which spans 200 countries and territories in over 130 currencies worldwide, the release stated. Currently, the Isabel 6 platform serves 70,000 professional clients.

Cross-Border Payments

PYMNTS

DECEMBER 23, 2020

Late payments can also be financially devastating to freelancers during the ongoing health crisis — and to businesses finding it challenging to balance their own cash flows while juggling delays in payments — even though the pandemic is expected to boost gig economy participation. Freelance Flexibility And Cross-border Payments.

Cross-Border Payments

PYMNTS

OCTOBER 28, 2019

Cross-border payments firm Western Union has rolled out full application programming interface (API) access to domestic and global payment applications, the company said in a press release on Monday (Oct. Domestic and cross-border payments are supported in over 130 currencies.

International Payments

Fintech News

JUNE 4, 2025

This allows the global payments company to offer its cross-border services directly to American businesses. for real-time international payments. based members of its network can now fund transactions locally, and international members will gain direct access to the U.S. Securing our U.S.

Cross-Border

Clearly Payments

NOVEMBER 19, 2023

In a time defined by globalization, businesses often look to cross international borders for expansion. One pivotal tool that facilitates this global reach is the international merchant account. These accounts enable businesses to receive payments from buyers in different regions, contributing to the ease of global trade.

Cross-Border

PYMNTS

APRIL 29, 2019

Many countries around the world are rolling out instant payments schemes that bring speed and convenience to payments made within their own borders. Unfortunately, those benefits are often limited when it comes to cross-border payments. A London-based manufacturer can’t rely on the U.K.’s

Interoperability

PYMNTS

DECEMBER 7, 2020

British payments firm Paydek has teamed with Thunes , the international payments network, to offer a wider global reach and bolstered payment choices to clients, according to a Monday (Dec. The sizable rise of international coverage will encompass nations throughout Asia, Africa, Latin America and Europe.

Cross-Border

Fintech Finance

FEBRUARY 22, 2024

Together, Nium and Ebury will enable businesses to send or receive fast, reliable, and affordable cross-border payments to and from Brazil. Currently, Nium’s payment network supports payouts in over 100 currencies to more than 190 countries, 100 of them in real-time.

Cross-Border Payments

PYMNTS

DECEMBER 8, 2017

Payment Rails is making its official step into the cross-border payments market through the launch of its application program interface (API) and payment platform, the company said Thursday (Dec.

API