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Announced at Singapore FinTech Festival 2024: New Partnerships, Product Launches and Appointments

The Fintech Times

It aims to enable more efficient funds transfer via Purpose Bound Money (PBM) when inbound tourists use Alipay+ payment partner apps for payments at GrabPay merchants in Singapore. ” The post Announced at Singapore FinTech Festival 2024: New Partnerships, Product Launches and Appointments appeared first on The Fintech Times.

Product 101
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OpenPayd and Circle to offer fiat–stablecoin payment network

The Paypers

The arrangement will allow OpenPayd to enable its clients to convert between fiat currencies and USDC, with the goal of reducing settlement friction and enabling near real-time fund transfers.

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BNP Paribas and Ant International Collaborate on Promoting Cross-Border Payment Solutions in Europe, and Tokenised Deposits for Global Treasury Management

Fintech Finance

WorldFirst, Ant International’s one-stop digital payment and financial services platform for global businesses, will reinforce its participation in SEPA to enable businesses to make online cross-border payments and fund transfers more seamlessly within the SEPA Zone.

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Ant International and BNP Paribas Partner to Enhance Cross-Border Payments in Europe

Fintech News

This initiative will enhance the efficiency and speed of online cross-border payments and fund transfers within the SEPA Zone. This strategic partnership will also explore innovations in tokenised deposits for global treasury management through Ant International’s Whale platform.

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BNP Paribas Plans to Bolster Cross-Border Payment Solutions Alongside Alipay+

The Fintech Times

WorldFirst, Ant International’s one-stop digital payment and financial services platform for global businesses, is looking to reinforce its participation in SEPA to enable businesses to make online cross-border payments and fund transfers more seamlessly within the SEPA Zone.

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Fifth Third’s Two Cents On Treasury APIs

PYMNTS

The provider’s new Money Transfer API supports fund transfers directly into overseas bank accounts, while another API supports money settlement in local currencies to spare recipients from the frictions of handling conversions. However, sending funds abroad may not solve all businesses’ overseas spending needs.