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 108

Multi-Currency Cross-Border APACS Financial Inclusion 108

Finovate

MARCH 7, 2024

Currencycloud was offered In-Principle Approval to serve as a Major Payment Institution license holder in Singapore. The MPI license will also impact Singapore-based businesses, which will be able to leverage Currencycloud to help their customers make conversions and payouts in their own time zones and local currencies.

Multi-Currency 97

Multi-Currency Cross-Border APACS Cross-Border Payments 97

The Payments Association

JANUARY 13, 2025

Statutory trusts, while beneficial for legal clarity, may prolong insolvency proceedings and introduce additional legal complexities, especially for cross-border operations. Firms operating in multiple currencies or across differing time zones may face trouble in ensuring funds are instantly deposited into safeguarding accounts.

Compliance 88

Compliance Audit Legal Reconciliation 88

Fintech Finance

JULY 23, 2024

XTransfer , China’s top B2B cross-border trade payment platform, and EBANX , the leading payment platform connecting global companies with customers in Latin America, Africa, and Asia, announced a strategic partnership aimed at streamlining B2B trade payments in Latin America.

B2B 105

B2B Facilitators Cross-Border APACS 105

Fintech News

MAY 21, 2024

businesses with a compliant and efficient way to manage multi-fiat accounts, streamline cash flows, and facilitate conversions between fiat and cryptocurrency. Inspired by Ripple’s cross-border payment model, the Web 3.0 payment ecosystem by integrating licensing resources and global compliance credentials.

Web 3.0 109

Web 3.0 Cross-Border Payments Cross-Border Alternative Payment Methods 109

Fintech News

FEBRUARY 18, 2024

As Sumsub gears up for its participation in Seamless Asia, this partnership serves as a beacon for businesses seeking to navigate the complexities of digital payments verification. With rapid advancements in its multi-currency swaps and crypto payment services, dtcpay had to future-proof and automate verification processes.

Verification 120

Verification Travel Rule Multi-Currency Compliance 120

Fintech Finance

MARCH 6, 2024

Currencycloud , a Visa solution and the experts in simplifying business in a multi-currency world, has obtained an In-Principle Approval (IPA) for a Major Payment Institution (MPI) licence holder from the Monetary Authority of Singapore (MAS).

Authorization 52

Authorization Multi-Currency Cross-Border Payments Institute 52

The Fintech Times

JULY 25, 2024

China’s B2B cross-border trade payment platform, XTransfer , is strategically partnering with EBANX , the payment platform connecting global companies with customers in Latin America, Africa, and Asia, to streamline B2B trade payments in Latin America (LatAm).

Payment Solutions 64

Payment Solutions Cross-Border Alternative Payment Methods Multi-Currency 64

Finovate

FEBRUARY 14, 2025

Latin America and the Caribbean Ripple teamed up with Portuguese currency exchange provider Unicmbio to support cross-border payments between Portugal and Brazil. Brazilian payments and banking technology provider Dock introduced new Chief Technology Officer Thiago Teixeira. million (6.3

FinTech 64

FinTech Point-of-Sale (POS) Multi-Currency Cross-Border Payments 64

Fintech News

FEBRUARY 12, 2025

Its platform offers real-time payments, multi-currency account management, automated hedging, and competitive FX rates. Finmo secured a Major Payment Institution (MPI) license from the Monetary Authority of Singapore in August 2023. ” said Ganesh Rengaswamy, Co-Founder and Managing Partner at Quona.

Treasury Management 98

Treasury Management Treasury Cross-Border Payments Multi-Currency 98