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Waza Launches Lync, a Multi-Currency Banking Platform With Global Payment Rails for Emerging Market Businesses

Fintech Finance

The platform offers multi-currency accounts, starting with USD, EUR, GBP, NGN and Stablecoins, with payments to more than 100 countries. The post Waza Launches Lync, a Multi-Currency Banking Platform With Global Payment Rails for Emerging Market Businesses appeared first on FF News | Fintech Finance.

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FV Bank Announces Launch of SWIFT Services to Enhance Global Payment Capabilities

Fintech Finance

. “Our integration to the SWIFT network underscores our commitment to delivering comprehensive banking services that meet the diverse needs of our global clientele,” said Miles Paschini, CEO of FV Bank. “While many U.S.

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Greater Flexibility: BVNK Wallet Offers Stablecoin, Crypto and Fiat Payments All in One Place

The Fintech Times

BVNK will hold on to or exchange balances and deal with third-party payments through its multi-rail access, all in a single product. With our embedded wallet, were making stablecoin, crypto and fiat payment rails interoperable, to give our customers true payments flexibility. Why stablecoins?

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Fedwire’s ISO 20022 Migration Delayed By Federal Reserve Bank 

PYMNTS

The Payments Market Practice Group asked the Federal Reserve to reassess its approach to the project, which involves a three-phased migration to the ISO 20022 messaging standard for the Fedwire Funds Service. The industry group prefers same-day implementation. .

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US Fintech Association Supports Federal Reserve’s Plan to Expand Settlement Service Hours

The Fintech Times

The American Fintech Council (AFC) has backed the Federal Reserve ’s proposal to extend the operating hours of the Fedwire Funds Service and National Settlement Service (NSS). Moloney , SVP and head of policy and regulatory affairs in AFC ’s Letter to FRB. “We

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Conduit Raises $36 Million Series A to Scale Use of Stablecoins for Cross-Border Payments

Fintech Finance

“This fresh capital injection will enable us to accelerate our mission to build the next generation global payments infrastructure, to promote fairer economic opportunities across the world,” said Kirill Gertman , Conduit CEO. “Traditional cross-border payment systems do not meet the demands of modern businesses.

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Fed Looks To Keep Momentum Going On Payments Improvements

PYMNTS

The Fed’s top goal in the area of international payments is to promote a broader range of choice for both consumers and businesses to send and receive cross-border payments. Compliance, particularly around AML, is a top hurdle for achieving improved global payments capabilities, the Fed said.

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