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Ant International , the global arm of Chinese tech firm Ant Group, is evaluating the possibility of applying for stablecoin licenses in several countries, according to comments made during the Reuters Next Conference in Singapore.
Unifying global fiat and stablecoinpayments, stablecoinpayments 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. Why stablecoins?
The platform offers multi-currency accounts, starting with USD, EUR, GBP, NGN and Stablecoins, with payments to more than 100 countries. Businesses seeking to expand internationally and companies that regularly engage in internationalpayments can also leverage the platform.
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.
As the creators of Nigeria’s largest price discovery engine, Naira Rates , Juicyway facilitates remittances and provides access to FX through various payment channels. It offers multicurrency accounts and access to a liquidity pool for local and internationalpayments at competitive rates.
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.
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.
UK payments firms are grappling with a critical question: What level of risk is acceptable in a market that demands both innovation and resilience? These measures can help create a more favourable environment for investment and competition in the payments sector.
In Japan, megabanks Mitsubishi UFJ Financial Group, Mizuho Financial Group and Sumitomo Mitsui Financial Group, are currently trialing blockchain technology to enable instant internationalpayments, aiming for commercial use in 2024, Nikkei reported on September 05, 2024. In Japan, stablecoin rules came into effect in June 2023.
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.
While not a stablecoin in its current distributed ledger form, the Lewes Pound was, nevertheless, similar in many aspects including being pegged to a major currency. Stablecoins have not. Will the rug be pulled from under stablecoins by incumbent instant payment schemes? At least, not yet. And why wouldnt they?
Appointments Globalpayments platform Ecommpay has appointed Chris Wilson as its new chief financial officer. Australia-founded globalpayments platform Airwallex has appointed Andrew Balint as VP, marketing, APAC (ex-China).Balint Balint has held senior roles at Afterpay, amaysim, Ola and Optus.
Key features to look for in an eCommerce payment solution include security and fraud protection, payment method variety, integration capabilities, chargeback protection and dispute resolution, and globalpayment support. For example, if you have customers in China, you want to have a payment solution that accepts Alipay.
As multi-rail systems become a standard component of payment strategies, bringing in real-time payments, BNPL, and P2P payments will give customers the flexibility and functionality to enable and unlock greater opportunities in the increasingly cashless economy, paving the way for a truly interconnected globalpayments ecosystem.”
Global bank Standard Chartered unveiled this week that it has teamed up with cross-border payments fintech Wise (formerly TransferWise). The bank has selected Wise Platform , Wise’s globalpayments infrastructure for banks, to power internationalpayments for SC Remit , Standard Chartered’s cross-border payment service.
They streamline and simplify international transactions by consolidating multiple layers of connections, contracts, KYC processes, and infrastructure into a unified interface, offering businesses efficient access to top globalpayments providers in a ‘plug and play’ fashion.”
The payment processing ecosystem is vast and multifaceted, with a staggering array of statistics underscoring its significance. For instance, the globalpayment processing market is estimated to reach a monumental $587.78 Furthermore, globalpayment volume reached a staggering $31.7
The best fintech tools for payments and FX enable faster, cheaper, and smarter money movement, backed by powerful APIs and modern dashboards. Here are the top platforms reshaping how businesses manage payments and foreign currency flows: 38. Best for : Platforms building cross-border payment functionality into their services.
In addition, Factris has acquired an invoice financing firm that serves the Lithuanian market called Debifo , and stablecoin company Terra is working to bring an experimental blockchain payment system to Mongolia.
The cross-border payment industry is ripe for disruption, and change is no longer a question of if… but when. How Cross-Border Payments Work Internationalpayments rely on a network of correspondent banks. Banks apply hidden markups, making internationalpayments even more expensive.
Understanding whats coming allows payments firms to mitigate risk, meet compliance obligations, and capitalise on strategic opportunities in a shifting regulatory environment. The payments landscape is entering a defining phase of regulatory transformation. What’s next?
In this article, we compare credit cards and cryptocurrencies from multiple angles, including user adoption, transaction volumes, security, and global market values in 2025. User Adoption and Accessibility When it comes to gaining a foothold in the globalpayments market, how easily and widely people can use a particular method is crucial.
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