Remove Cross-Border Remove Liquidity Management Remove Near Real-Time
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Centiglobe and Mastercard Move Team Up to Unlock Near real-time cross-border Payments for Consumers and Businesses

Fintech Finance

Centiglobe , a leading fintech company specializing in cross-border payment infrastructure solutions, today announces a new collaboration with Mastercard Move – Mastercard’s portfolio of global money movement solutions. Unlike traditional cross-border payment models, Centiglobe does not charge per transaction.

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Centiglobe and Mastercard Move Partner Enhancing Payment Connectivity Across the World

The Fintech Times

Following a new partnership between Centiglobe , the cross-border payment infrastructure solutions provider, and Mastercard Move , Mastercard s portfolio of global money movement solutions, customers using Centiglobe’s blockchain-based payments platform will now be able to use Mastercard Move through a single integration.

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Mastercard to Offer Real Time Cross-Border Payments for Commercial Clients

Finovate

Mastercard launched Move Commercial Payments , a real-time cross-border payments solution that operates 24/7. Move Commercial Payments offers features like liquidity management, integration with existing SWIFT systems, and helps to reduce counterparty risk. with Lloyds Banking Group and UBS.

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Tokenized Deposits vs. Stablecoins: What’s the Difference and Why It Matters

Finovate

In contrast, tokenized deposits stay on the bank’s balance sheet, making the funds usable for lending, investing, and general liquidity management. While stablecoins are best known for their use in cross-border payments, programmable payments, and in DeFi. Use cases also differ between stablecoins and tokenized deposits.

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Faster Payments Make Inroads In Corporate Treasury

PYMNTS

The report cited research from Euromoney in which more than two-thirds of organizations said they would be interested in adopting a tool that provides automated, 24/7 currency conversion solutions based on real-time FX rates. Deutsche Bank pointed to cash pooling processes as a key area that can benefit from real-time payments.

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The Benefits of Instant Pay by Bank Payment Methods

Segpay

Faster Settlement : Pay by Bank transactions often offer real-time or near-real-time settlement. This improves cash flow, as funds from bank transfers can be deposited into the merchant’s account in real-time. This improves cash flow for businesses.

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FIs Look Inward For Faster Blockchain Deployment

PYMNTS

Though the manic blockchain hype of 2018 has died down somewhat, FinTechs, banks and corporates continue to collaborate and innovate as they develop distributed ledger technology solutions for a range of use cases, including faster cross-border transactions. The technology uses a stablecoin linked to the U.S.