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Borderless AI and Nium Transform Employer of Record Business With Real-Time Cross-Border Payments

Fintech Finance

Borderless AI can now provide clients with instant transfer of funds through Nium’s platform, enabling efficient management of payroll, taxes, expenses, and financial obligations across more than 190 countries. Worldwide access to 190+ countries and 100 currencies, with funds available real-time in 100 markets.

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This Week in Fintech: TFT Bi-Weekly News Roundup 19/12

The Fintech Times

Alto, a platform that enables individuals to invest in alternative assets using their retirement funds, has teamed up with VC firm Alumni Ventures. As part of the agreement, Allfunds Tech Solutions has developed a cutting-edge multi-asset research centre exclusively for Ardan’s advisors.

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Understanding Payment Processing Terminology Glossary for Merchants

PayHawk

Currency Conversion The process of converting the transaction amount from one currency to another. D Debit Card A payment card that enables the cardholder to withdraw funds from their bank account or make purchases with funds available in the account.

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FedNow is Live. What Changes Should Banking Expect?

Fi911

In the words of Federal Reserve Chair Jerome Powell , presented to the House Financial Services Committee on March 8, “FedNow will enable all banks in the United States — irrespective of their size — to offer real-time payments and instant fund availability to their customers.” FedNow is accessible to all banks and credit unions.

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Understanding B2B Payments: Exploring Payment Methods and Key Terms

EBizCharge

By integrating multiple payment methods and supporting various currencies, payment processors enable merchants to expand their reach and cater to a global customer base. During transaction authorization, issuers evaluate fund availability to ensure seamless payment progression.

B2B