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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.
Viably , a leader in innovative financial solutions for ecommerce, today announced a partnership with Airwallex , a leading globalpayments and financial platform for modern businesses. The Viably Global Account has transformed how we handle our business finances,” said Al Perel, owner of ecommerce seller 2SeeLife.
PagoNxt Payments is powering Getnets cross-border growth through the integration of its advanced FX Engine and DCC (dynamic currency conversion) solution.
OCBC China will also act as XTransfer’s global account manager, working closely with the banks subsidiaries to support cross-border settlements and facilitate business growth.
Financial technology specialist Sokin has today announced it has become the Official GlobalPayments Partner of Excel London. Sokin will enhance globalpayments at Excel, soon to be Europe’s largest fully integrated events venue, by streamlining cross-border transactions, increasing efficiencies and reducing costs.
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.
This collaboration leverages Bank Alfalah’s extensive infrastructure to amplify Jingle Pay’s impact on cross-border payments and digital banking, advancing its ambitious vision for the MENAP region. Together, we aim to enrich the digital economy and create transformative cross-border financial solutions.”
As small and medium-size businesses are increasingly turning to non-banking cost-efficient payments solutions, Guavapay is at the forefront of providing solutions that meet the evolving needs of global businesses with real-time, affordable fund transfer, multi-currency accounts and advanced payment APIs.
The system is designed to handle complex business models, including multi-currency, multi-entity, and marketplace structures. This positions Payrails not just as a payments solution, but as a full financial backbone for digital platforms.
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.
Airwallex, a global financial technology platform, has launched embedded finance tools tailored for creator economy platforms. The company aims to simplify complex tasks like globalpayments, tax management, and financial tracking.
Airwallex, a globalpayments and financial platform, has formed a multi-year collaboration with the McLaren Formula 1 team. The collaboration will see McLaren utilising Airwallex’s services to improve its supply chain payments across the Formula 1 Grands Prix circuit. billion annually.
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.
In just a few clicks, Airwallex customers can open a Global Account , which serves as a multi-currency wallet with local bank details – allowing customers to almost instantly set up and start collecting payments from customers worldwide, in whatever currencies they choose.
Transforming Finance with Payment Intelligence The Keabank Payment Intelligence service introduces a high-speed, compliance-focused financial platform designed to address the challenges faced by businesses and individuals worldwide.
The hidden cost of cross-Border Inefficiency Businesses lose an estimated 18bn annually to inefficient forex processes and cross-border payment fees roughly the GDP of a small country being sacrificed at the altar of outdated payment infrastructure. Media agencies struggle with time-sensitive global campaigns held up in payment limbo.
Worldline [Euronext: WLN], a global leader in payments services, today announces a partnership with Telr , the multi-award winning, Dubai-based payment gateway aggregator and provider to launch an e-commerce payments solution for the rapidly expanding UAE.
If granted, the MPI license would allow BC Payments to offer a wider range of regulated payment services, and act as a regional hub within Banking Circles globalpayments network. The company plans to tap into its parent firms infrastructure for both direct and indirect access to global clearing systems.
Sokin was founded in 2019 with a simple vision to remove the borders, barriers, and burdens associated with international payments. Today it enables global businesses to transfer, hold and exchange over 100 currencies with its multi-currency IBAN and local currency accounts – all through one comprehensive platform.
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.
Cloud-based company Gravity Software has launched a new program to ensure businesses have the right tools to deal with multi-currency needs, according to a press release. of the Gravity application has added multi-currency management, enhanced multi-entity reporting and other features. The release of Version 5.1
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 international payments.
Currency risk management and alternative banking specialist Argentex announced French fintech Numeral as its strategic payment technology partner. The partnership will help Argentex optimize payment execution and give the firm advanced reconciliation capabilities.
Nium, a globalpayments infrastructure provider, announced a partnership with Partior , a blockchain-based clearing and settlement network, at the Singapore Fintech Festival 2024. The partnership allows financial institutions to connect with Nium for faster, more transparent cross-border payments.
Now Mexican nationals can easily and quickly send money from Mexico to over 40 currencies and 160 countries through a fully digital process using Wise’s app or website, where all features are accessible in one place. Wise has seen the number of individual customers in Brazil increase by 94% in the last fiscal year.
Numeral , a Mambu company and leading payment technology provider for financial institutions, and Argentex Group PLC, a London-headquartered currency risk management and alternative banking specialist, today announced that Argentex has selected Numeral as its strategic payment technology provider to transform its payments and FX infrastructure.
Platforms can embed Airwallex APIs to offer seamless, multi-currency tools, including payment acceptance, global payouts, branded creator cards and an advanced tax solution to embed data collection and filing for tax reporting.
Panax , a leading AI-driven cash management platform, has partnered with Airwallex , a leading globalpayments and financial platform for growing businesses, to streamline global money movement. “With our platform, all data is collected and processed automatically, allowing full cash visibility and control.
offers cutting-edge AI-driven fraud prevention and compliance with multi-currency accounts for cross-border payments. We ensure your business thrives in the global market by providing secure, simple and scalable financial solutions. Businesses today need seamless and secure financial services. DigiDoe Ltd. Read more
Russia-based electronic payments company Yandex.Money is rolling out new multi-currency services with an eye on freelancers. In a press release issued Thursday (March 28), the company announced the launch of accounts and cards that support payments and transactions in multiple currencies, including U.S.
Welcome to The Axis, your late look at payments news from around the world. Coverage includes the launch of Wirecard and Ctrip ’s multi-currency Visa cards for customers in China. The card will support currencies from Australia, Japan and the U.S., In addition, U.K.
Lithuania payments company SatchelPay is adding multi-currency cross-border payments functionality through a new partnership with multi-currency IBAN account provider ONPEX (the Online Payment Exchange).
based Volopa has unveiled contactless multi-currency prepaid cards and India- based Obopay purchased mobile app company Mubble. Western Union Business Solutions and Mexico’s Banco Monex are teaming up to expand their alliance globally, the companies said in an announcement. In addition, U.K. In the U.K.
.” Keeping it simple Alex Berrai, deputy CEO, emerchantpay The main payment trends in 2024 will evolve around simplification, according to Alex Berrai, deputy CEO at globalpayment service provider emerchantpay. Simplifying the payment process to make it more mobile-friendly is an ongoing trend that will carry into 2025.
The launch of the new BVNK wallet will create a solution to this friction by providing users with direct access to blockchains and local and international payment schemes, all within a single solution. BVNK will hold on to or exchange balances and deal with third-party payments through its multi-rail access, all in a single product.
As a global investment base, local funds commonly transact across a diverse range of currencies, including yen, Hong Kong dollars, pounds and euros. “This expansion is a testament to our commitment to global growth and our dedication to meeting the needs of our clients in key financial markets.
MultiPass , a globalpayment solution that provides modern financial products for businesses trading globally, has obtained a financial services licence in the UAE, regulated by the Dubai Financial Services Authority (DFSA).
.” As small and medium-sized businesses increasingly turn to non-banking cost-efficient payment solutions, Guavapay aims to provide solutions that meet the evolving needs of global businesses with real-time, affordable fund transfer, multi-currency accounts and advanced payment APIs.
It says that each market presents distinct challenges, including varying payment methods, currencies and regulatory frameworks. Antom will look to help Booking.com navigate this complexity by leveraging its extensive payment channel partnerships and deep knowledge of local payment landscapes. .
Among the global merchants accepting QR code payments via Alipay+, over 90% are SMEs, reflecting Ant Internationals focus on inclusive digital transformation. Alipay+ builds a broader digital payment and digitalisation ecosystem for other pillar businesses of Ant International.
One of the areas of corporate finance experiencing the biggest exposure to these disruptors is globalpayments. With that preamble, I think it’s right to say cross-border payments have significantly changed over the last few years.” ” Yet there is progress to be made. ”
Vincent Chok , CEO at First Digital “2025 is undoubtedly going to be a breakout year for stablecoin adoption, with businesses increasingly looking for solutions that address regional challenges like cross-border payment friction and currency volatility,” explained Vincent Chok , CEO at First Digital.
Cross-Border and International Transactions For small businesses looking to expand internationally with cross-border payments , payment processing comes with additional challenges and costs: Currency Conversion Fees Banks and payment processors typically charge 1-3% to convert foreign currencies.
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