Fintech News

APRIL 2, 2025

A consortium of central banks has formally established Nexus Global Payments (NGP) in Singapore to manage a new multilateral cross-border payment system. This marks the initiative’s transition from a Bank for International Settlements (BIS) experimental project, started in 2021, into practical implementation.

Global Payments

Stax

MARCH 18, 2025

Funds are settled and deposited into the merchant account – Once the transaction has been approved, the funds are deducted from the customers account and deposited into the merchant account or payment service provider account after settlement. Security is the core of any payment processing system.

Process

Finextra

JULY 28, 2025

How can financial institutions navigate these complexities to help SMEs develop effective cross-border strategies? Ecommerce has surged, and specifically cross-border e-commerce is expected to grow at a 30% CAGR between 2024 and 2031.

Cross-Border

The Fintech Times

JUNE 11, 2025

Payment orchestration platform BR-DGE has revealed it is now supporting a new global alternative payment method (APM) on its platform, through a new partnership with digital wallet service provider AstroPay.

Cross-Border

Finovate

JANUARY 17, 2025

Airwallex Acquires MexPago as Part of Latin American Expansion Speaking of acquisitions in Mexican fintech and financial services, global financial platform Airwallex has finalized its acquisition of Mexico-based payment service provider MexPago, a licensed Institution of Electronic Payment Funds (IFPE).

Cross-Border Payments

Fintech Review

MAY 4, 2025

Column Bank A developer-first bank providing core banking APIs with a full banking licence. Cross River Provides embedded payments, banking, and lending infrastructure for fintechs, with a strong compliance focus. Best for : SMEs needing efficient cross-border banking.

Payment APIs and Integration

Fintech News

JULY 23, 2025

In a recent webinar, B2B payments service provider Bottomline brought together regional experts to discuss how banks in APAC can close the gap and compete more effectively. Why SaaS Matters Now: The Pressure to Modernise The adoption gap is especially significant given APAC’s leadership in payment innovation.

APACS

Finovate

MAY 2, 2025

Latin America and the Caribbean Uruguay-based cross-border payment platform dLocal announced a strategic partnership with online international education platform 51Talk. International identity verification firm Veriff opened new offices in So Paulo, Brazil.

Online and Mobile Banking

The Fintech Times

FEBRUARY 20, 2025

More appointments Quantum Group, the fintech and security incubator, has appointed James Radford as the CEO of Volopa, its foreign exchange, international payments and expense management company. MANSA, a global fintech in cross-border payments, has closed a $10million funding round.

FinTech

Fintech News

MAY 1, 2025

Geoswift, a Canada-based cross-border payment services provider, has announced the integration of Visa Direct into its international payments platform. Visa Direct enables fund transfers to over 140 countries and territories.

Cross-Border

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 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

PYMNTS

OCTOBER 16, 2020

Consumers send funds by tapping or swiping payment cards, clicking a few buttons on banking websites or payment apps, or keying details into online checkout pages, which payees receive via bank accounts or digital wallets. The money never actually crosses borders,” Lembo explained. Kicking Free Of Correspondent Banking.

Cross-Border Payments

Fintech News

OCTOBER 22, 2024

Banking software provider Temenos has introduced a new service designed to make cross-border payments faster and more affordable. The Temenos Cross Border Payments Enterprise Service is available to banks, Payment Service Providers (PSPs), electronic money institutions (EMIs), and fintechs.

Cross-Border Payments

Fintech Finance

FEBRUARY 10, 2025

By leveraging TerraPay’s global payment infrastructure, the solution offers a secure, completely digital, and frictionless process for international transactions, addressing the increasing demand for faster, more efficient cross-border payments.

International Payments

Fintech Review

APRIL 17, 2025

Payoneer has quietly built one of the most robust and widely used financial platforms for cross-border payments. While often compared to PayPal or Stripe , Payoneer occupies a unique niche, it doesnt just process international payments. Payoneers compliance infrastructure is also a competitive strength.

Cross-Border

PYMNTS

AUGUST 13, 2019

Bantotal , a core Latin America banking service provider that works with 60 banks in 14 countries, has partnered with Bitex to perform cross-border payments using bitcoin blockchain, according to reports. Now, Bantotal clients will have access to the whole range of Bitex services.

Cross-Border Payments

Fintech News

NOVEMBER 6, 2024

Singapore-headquartered payment institution FOMO Pay has partnered with global financial services provider BNY to enhance USD payment services for corporate clients. The collaboration integrates BNY’s payment infrastructure with FOMO Pay’s offerings.

Multi-Currency

The Fintech Times

FEBRUARY 19, 2024

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-border payments. Can any risks be mitigated pro-actively?

Cross-Border Payments

PYMNTS

MARCH 23, 2020

These workers will likely still expect fast payments regardless of the markets in which their employers are based. Facilitating cross-border payments can be problematic for businesses and their partner banks, especially as real-time payment platforms become more popular. The cross-border payment problem .

Cross-Border Payments

PYMNTS

JULY 28, 2020

Asia-based financial settlements network EMQ , which works in cross-border payments, has announced the close of a $20 million Series B funding round led by WI Harper Group, according to a press release. The solution connects bank application programming interfaces (APIs) with payment service providers.

Cross-Border

Fintech Finance

AUGUST 7, 2024

WorldFirst helps business drive global growth by offering international payment services across 40 currencies on over 120 global online marketplaces. This ecosystem broadens businesses’ access to essential resources needed to succeed in overseas markets.

Cross-Border Payments

The Fintech Times

SEPTEMBER 10, 2024

a European financial services provider, has launched a cloud-based, API-first platform designed to streamline businesses’ day-to-day payment operations. ’s Payment Accounts solution offers multi-currency support, enabling businesses to manage EUR, USD, GBP and other currencies seamlessly. .’s The post payabl.

Cross-Border

PYMNTS

DECEMBER 29, 2020

Traditional banking activities, done though traditional (brick-and-mortar) banking conduits can prove costly, unwieldy, paper-based and time-consuming — particularly as funds cross borders, payment schemes and currencies. She pointed to faster payments, SEPA, SWIFT and multicurrency payments, resulting in lower operating costs.

Facilitators

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 tools help identify and prevent fraudulent activities, providing a secure environment for both businesses and customers.

Cross-Border

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 Finance

OCTOBER 15, 2024

RTGS.global , the next generation settlement company revolutionising cross-border payments, has today announced the launch of a unique solution for Payment Service Providers (PSPs) that will enable them to offer cheaper and faster international payments to their retail and corporate customers.

Cross-Border

Fintech Finance

MAY 3, 2024

The complexity and cost of international payments, alongside macroeconomic pressures, are cited as key barriers thwarting these businesses’ global ambitions. Costly, Complex International Payments Blocking International Expansion International payments are ultimately causing SMBs the biggest headache when it comes to going global.

Small Business

PYMNTS

OCTOBER 28, 2019

Payment solutions company Flywire is rolling out a simplified cross-border payments solution for Bank of America’s higher education and corporate clients, Flywire announced in a press release on Monday (Oct. The service makes international billing, payment and receipts more efficient and easier to use.

Cross-Border Payments

Fintech Finance

SEPTEMBER 10, 2024

a leading European financial services provider, today announced the launch of its Payment Accounts, a cloud-based, API-first solution designed to help businesses of all sizes manage their day-to-day payment needs within a single easy-to-use platform. to completely transform the payments landscape.

Accounts

Fintech News

MAY 2, 2024

With a strong presence in eight Asia Pacific markets, including Australia, New Zealand, Hong Kong, India, Indonesia, Japan, Singapore, and Malaysia, Wise is becoming known across the global cross-border payment landscape by offering transparent, fast, and cost-effective solutions. billion in fees in 2022 alone.

Cross-Border

Fintech Finance

SEPTEMBER 12, 2024

Founded in 2009, the global financial services provider has built a secure, end-to-end payment infrastructure that offers a wide range of international payment, FX and lending solutions to their clients. Modern financial technology has advanced with notable innovations, and Ebury is no exception.

Payment APIs and Integration

PYMNTS

APRIL 16, 2020

Madrid-based Santander, the world’s 16th-largest bank, is set to roll out PagoFX , a new FinTech spinout intended to compete with cross-border money transfer service provider TransferWise. Last month Santander expanded its One Pay FX international payments system to include Mexico.

FinTech

Payments Source

JUNE 9, 2017

International payments and risk-based services provider INTL FCStone says its London-based global payments division will become a non-bank participant in Swift's global initiative to improve the cross-border transaction landscape.

SWIFT

PYMNTS

OCTOBER 16, 2018

PPRO Group , the global cross-border ePayment company, along with Edgar, Dunn & Company, announced on Tuesday (Oct. merchants are lagging behind other countries when it comes to cross-border eCommerce. PPRO said its data shows that by 2021, cross-border sales will account for more than 17 percent of all U.S.

Cross-Border

PYMNTS

AUGUST 22, 2019

The expansion, he said, comes as “the international payment experience in the Latin American markets is even less evolved than in the European markets. There are even parts of the Latin American market where it’s almost impossible to do an online international payment.”.

Cross-Border Payments

The Fintech Times

MARCH 18, 2024

To ensure that tourists travelling to Germany and Europe for UEFA EURO 2024 enjoy a seamless travel experience, Alipay+ is expanding its cross-border mobile payment acceptance and merchant coverage by enabling more payment partner apps to be accepted across Germany and other popular European destinations.

Online and Mobile Banking