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Standard Chartered announced a new partnership with Wise Platform to improve speed and lower costs for its internationalpayments service, SC Remit. Wise Platform’s infrastructure includes over 65 licences and six direct connections to domestic payment systems including the latest one with Philippines’ InstaPay.
As Canadian businesses look to expand internationally, one crucial component of successful growth is handling cross-border payments smoothly and efficiently. Selling products and services internationally means facing new challenges, especially regarding payment processing, regulatory requirements, currency exchanges, and fraud prevention.
In a significant move to strengthen its retail cross-border payments offering, leading global bank Standard Chartered and Wise Platform, Wise’s globalpayments infrastructure for banks, have announced a partnership, to power faster and cheaper internationalpayments for the bank’s cross-border payment service, SC Remit.
A consortium of central banks has formally established Nexus GlobalPayments (NGP) in Singapore to manage a new multilateral cross-border payment system. This marks the initiative’s transition from a Bank for International Settlements (BIS) experimental project, started in 2021, into practical implementation.
Waza , a B2B payment provider for emerging market businesses, has announced the launch of Lync, its new multi-currency account platform that combines market-leading foreign exchange (FX) liquidity solutions with a cutting-edge banking experience to power a new age of global trade for emerging market businesses incorporated in the US, UK or EU.
To offer businesses seamless, efficient and cost-effective cross-border transactions, Cross River Bank , a tech infrastructure provider that offers embedded financial solutions has announced the launch of its new InternationalPayments solution.
Spendesk , the leading spend management and procurement platform for mid-market companies, today announces its partnership with Wise Platform , Wise’s globalpayments infrastructure for banks and enterprises, to provide internationalpayments.
Morgan Stanley has partnered with Wise Platform to enhance its cross-border payment capabilities for corporate and institutional clients. The collaboration makes Morgan Stanley the first investment bank to offer foreign exchange international settlements through Wises infrastructure.
SUNRATE , the globalpayment and treasury management platform, today announced the launch of its maritime payments solution, aimed at empowering shipping companies and their key stakeholders at Sea Asia 2025. SUNRATE offers a comprehensive solution designed to address the complex payment challenges faced by maritime companies.
In a significant milestone for the fintech industry, Paysend , the UK-based globalpayments platform, has announced reaching 10 million consumer customers worldwide. As the largest global digital network with over 25 billion endpoints, our mission is to simplify internationalpayments for everyone.
Payset is transforming the way businesses handle international finance with its globalpayments platform. The redesign reflects Payset’s vision to streamline complex payment processes by focusing on speed and simplicity while offering clear, tangible value to global businesses.
“Compliance is the foundation of trust in globalpayments. The post PhotonPay Enhances GlobalPayment Solutions with Robust Compliance and Risk Solutions appeared first on FF News | Fintech Finance.
Singapore-based fintech firm Lightnet has entered a global partnership with B2B globalpayments infrastructure-as-a-service provider TransferMate with the aim to enhance cross-border remittance and payment solutions.
This strategic milestone is significant for FV Bank clients as it expands inbound wire options alongside stablecoin-based payment rails. ” FV Bank account holders who use SWIFT will now enjoy a simpler and more secure experience when receiving cross-border payments, with access to a global network of financial institutions.
Nomupay’s unified payment platform streamlines payment processes—including acquiring, treasury, and payouts—for businesses operating in fragmented, emerging markets. SBPS will benefit from access to Nomupay’s single API and gateway-agnostic, single, back office platform, offering a range of payment options and scalability.
Trust Bank , a leading private commercial bank in Bangladesh and TerraPay , a global money movement company have partnered to offer an innovative payment solution for all students in Bangladesh. Traditionally, these students and their families relied on cumbersome and costly payment transactions.
FXC Intelligence, a data platform specializing in the cross-border payment and e-commerce sectors, has released its annual Cross-Border Payments 100 list, highlighting the 100 most influential players in globalpayments. Released on May 08, the 2025 Cross-Border Payments 100 recognizes industry leaders across the sector.
USI Money today announced its collaboration with Visa , a global leader in digital payments, to implement Visa Direct. Through this partnership, USI Money strengthens its role as a leading payment service provider, addressing the diverse needs of its clients by offering an extensive range of payout options.
Boost Payment Solutions , a global leader in B2B payments, today announced a partnership with internationalpayment pioneer TransferMate that is designed to address the growing demand for cross-border payments. based BINs to expand the reach of those programs into cross-border payments.
PXP , a leading omnichannel globalpayment platform and innovative industry disruptor, today announces the findings of an exclusive survey of UK and US merchants appetite for digital payments transformation.
Payments Report 2024 As the globalpayments ecosystem undergoes a period of rapid transformation, the Payments Report 2024 serves as an essential resource for industry leaders navigating shifting trends, emerging technologies, and dynamic consumer behaviour.
Wise Platform , Wises globalpayments infrastructure for banks, financial institutions and larger enterprises, today announced the appointment of Lauren Langbridge as Commercial Director for North America, and Manuel Sandhofer as its new General Manager for Europe, Middle East and Brazil.
But launching your eCommerce store is just half the equationaccepting payments efficiently and effectively is a whole different ball game. On the surface, it seems effortless, with customers only taking a few seconds to initiate and complete payments. The eCommerce payment solution infrastructure involves several key players.
Founded in 2021 by Ife Johnson and Justin Ziegler , Juicyway enables individuals and businesses to send, receive, and process paymentsglobally. As the creators of Nigeria’s largest price discovery engine, Naira Rates , Juicyway facilitates remittances and provides access to FX through various payment channels.
Legacy systems are increasingly unreliable, expensive to maintain, and resistant to modern payment innovations. Enhance cross-border payments by integrating an always-on solution directly and locally with regional and globalpayment networks, ensuring compliance with constantly evolving regulatory standards.
Instead, it sees stablecoins as a way to streamline internationalpayments and enhance the user experience. Though they are often used by crypto traders for shifting between assets, their utility in fast and low-cost cross-border payments is drawing growing interest from financial technology providers.
Over the past year Wise Platform , Wise’s globalpayments infrastructure for banks, financial institutions and larger enterprises, has further enhanced its product suite for partners and significantly expanded its global regulatory footprint.
Morgan Stanley is teaming up with Wise to bring faster and smoother cross-border payments to its corporate clients, making it the first investment bank to integrate Wises globalpayments platform.
Zug, Switzerland, April 8th, 2025, FinanceWire Bivial AG , a leading Financial Institution, has announced yet another expansion of its internationalpayment capabilities with the launch of dedicated CZK (Czech Koruna) and SGD (Singapore Dollar) Accounts. More information at bivial.ch. About Bivial AG.
To bolster globalpayments for businesses throughout the world, EMQ launched its new enterprise payment technology with same-day settlement functions in local currencies throughout eight countries. The SCB payment platform would work with the EMQ network to reportedly provide secure and cost-effective cross-border offerings.
There is a growing demand for cross-border payments across the globe. Looking to meet this demand, B2B payments organisation, Boost Payment Solutions has partnered with internationalpayment firm, TransferMate. Leavitt , founder and CEO of Boost Payment Solutions.
Investment funds managed by Morgan Stanley Expansion Capital have acquired a stake in UK headquartered payments business Sokin , marking an exciting new chapter for the fast-expanding fintech firm. The acquisition will provide significant capital and accelerate its product growth plans and further global expansion.
In the fast-paced world of business, managing internationalpayments, taxes, and regulatory compliance can become overwhelming. For companies looking to scale globally, these complexities often take up valuable time and resources that could be better spent on innovation and growth. What is a merchant of record?
From a Press Release dated June 3, 2025, New York, New York ThetaRay , a global leader in cognitive AI compliance for financial crime, and Spayce , a next-generation cross-border payments platform, have announced a strategic partnership to address evolving financial crime threats and enhance the security of internationalpayments.
2025 payments outlook: Key findings from industry-wide survey data 28 April 2025 by Payments Intelligence LinkedIn Email X WhatsApp What is this article about? Key insights from the PAY360 2025 survey on current challenges and opportunities in the payments sector. Why is it important? What’s next?
Unifying global fiat and stablecoin payments, stablecoin payments infrastructure provider BVNK has announced a new embedded wallet. They have existed in today’s market for some time but have had limited capabilities to manage stablecoin, crypto and fiat payments in one place. Embedded wallets are not a novelty.
As the global demand for faster, more affordable, and increasingly transparent cross-border payments intensifies, Project Nexus is emerging as a foundational initiative to meet the G20’s ambitious roadmap. What is Project Nexus, and how does it address today’s cross-border payment challenges?
Cross-border payments remain costly and complex, but innovations in FX, APIs, and stablecoins are unlocking faster, smarter global money movement. In today’s hyperconnected world, managing cross-border payments remains surprisingly complex, inefficient, and costly.
Centiglobe , a leading fintech company specializing in cross-border payment infrastructure solutions, today announces a new collaboration with Mastercard Move – Mastercard’s portfolio of global money movement solutions. Unlike traditional cross-border payment models, Centiglobe does not charge per transaction.
Following a new partnership between Centiglobe , the cross-border payment infrastructure solutions provider, and Mastercard Move , Mastercard s portfolio of global money movement solutions, customers using Centiglobe’s blockchain-based payments platform will now be able to use Mastercard Move through a single integration.
By integrating with RTGS.global’s instant settlement infrastructure, TransferMate will deliver seamless, real-time internationalpayments for RTGS.global’s business customers, reducing reliance on traditional banking intermediaries and eliminating the risk associated with moving money cross-border.
Wise Platform , Wise ’s globalpayment infrastructure for banks and global organisations, today announces its partnership with Lunar , one of the leading digital banks in the Nordics to bring fast, secure and transparent internationalpayments to over one million users across the region.
The DTCPay Mastercard partnership marks a major step forward in globalpayments, offering users a fast, secure, and seamless way to transfer money internationally. dtcpay , a leading digital payments solutions provider, is excited to announce its strategic collaboration with Mastercard Move.
Wise Platform , Wise’s globalpayment infrastructure for banks and global organisations, has announced its partnership with Lunar , a digital bank in the Nordics, to provide optimal internationalpayments within its app.
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