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HSBC Bolsters Cross-Border Payment Capabilities in Partnership With Dandelion

The Fintech Times

In a move to make cross-border transfers more accessible and seamless for customers, HSBC Singapore has been working alongside money movement solutions provider, Dandelion. This enhancement tripled HSBC’s cross-border payment capabilities, adding 50 new destinations and 40 new currencies.

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MAS Fines Five Payment Firms S$960,000 Over AML/CFT Control Failures

Fintech News

Remsea received the largest fine of S$280,000 for breaches between August 2020 and August 2023, including failing to obtain customer residential addresses, check for beneficial ownership, verify representatives’ authority, and include required information in cross-border wire transfers.

AML 66
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Real-Time Payments and the Future of Cross-Border Transactions: What Businesses Need to Know

Finextra

With APIs, ISO 20022 messaging, and global collaborations, real-time payments are transforming the way companies operate across borders. Cross-border transactions were traditionally slow, costly, and opaque. As this framework rolls out, cross-border transactions are expected to see fewer hold-ups and better transparency.

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5 Payment Trends in Asia Shaping its Financial Landscape in 2025

Fintech News

Emerging trends such as cross-border payment systems and open banking initiatives are breaking down traditional barriers, fostering greater connectivity and efficiency in Asias financial landscape. billion by 2029, according to Business Wire. However, the rapid progress comes with challenges. billion in 2022 to 96.2

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Lili Launches International Payments

Fintech Finance

Lili , the financial platform designed for small business owners, today announced the launch of international wire payments in 27 countries, empowering small business owners to grow beyond borders. According to FXC Intelligence, the cross-border payments industry reached a market size of $190.1

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Thunes Launches New Global Business Payments Service

Fintech News

Businesses can also process US dollar wire transfers to more than 170 countries and make payments in over 30 currencies, including USD, EUR, and CNY. This includes major markets such as Brazil, Canada, Mainland China, Hong Kong, India, Mexico, Singapore, the UK, and across Europe.

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2024 Payment Methods Report: Overview, Insights, and Statistics

Clearly Payments

Cross-Border Appeal : Cryptocurrency payments are especially advantageous for cross-border transactions, with lower fees than traditional international bank transfers. While still niche, these options could play a larger role in cross-border payments, with stablecoins providing a more stable digital currency alternative.