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W Chain , a top hybrid blockchain platform for globalpayments, has announced its partnership with NeurochainAI, a leader in decentralized AI development. The partnership will leverage the combined strength of both the companies to transform the globalpayment system by deploying amalgamation of AI and blockchain technologies.
Sam Altmans World Network is in talks with Visa to bring stablecoin payments to its self-custody crypto wallet, enabling users to spend crypto across Visas global merchant network, a source told CoinDesk. Tools for Humanity, Rain, and Visa did not respond to CoinDesks requests for comment.
For example: RBC (Royal Bank of Canada) works with Moneris, one of Canada’s largest payment processing companies. Moneris provides businesses with POS systems, online paymenttools, and fraud protection. CIBC is uses an American partner called GlobalPayments to handle their payment processing.
The ICBA Visa partnership has been renewed, strengthening efforts to provide community banks with advanced digital paymenttools. This long-term partnership between Visa and ICBA helps secure card programs, tokenisation, and globalpayment access. This helps local banks compete better in the changing financial world.
Building on this foundation of basic transaction functionality, mobile wallets are rapidly evolving from simple paymenttools into comprehensive financial platforms. The next phase of growth will be driven by a maturing ecosystem that goes far beyond simple transactions.
Brex will offer its full suite of products, including corporate cards, expense management, and treasury tools, to European enterprises who are originated and based in this region. based competitors when it comes to supporting global businesses. ” To date, Brex has made significant strides to operate ahead of U.S. .”
.” Opening up payment borders with QR codes Ant International’s announcements didn’t stop there, as its cross-border mobile payment solution, Alipay+, revealed it was expanding its partnership with PayPay , Japan’s QR payment operator. to broaden its merchant coverage network across Japan.
This creates a ripple effect across nearly every sector, retail, services, travel , and B2B commerce , all of which rely on efficient and scalable payment infrastructure. non-cash payments increased 6%, with card-based transactions accounting for the vast majority of monthly spending as GDP-supported confidence returned.
Globalpayments infrastructure platform Optty has partnered with ekko , a sustainability platform for banks and payments companies, to make it easier for businesses to offer sustainable paymenttools at scale. Together, were turning everyday actions into positive impact.
“This means that individuals in these underserved communities can now access essential banking, savings, and paymenttools directly from their mobile phones and computers. These businesses can gain access to vital resources such as paymenttools, microloans, and business accounts.
Following this announcement, Affirm’s transparent and flexible payment options will be made available to game developers who are using Xsolla’s paymentstools in the US, with plans to expand to the regions of Canada and the UK in the coming months.
“It is not currently used as a general purpose paymenttool,” Lambert said on the Monday call with analysts. those attributes alone do not suffice to turn stablecoins into a paymenttool.”
HSBC is introducing a new real-time paymentstool that will enable its 14 million international customers to transfer funds through a single account in 20 countries around the globe. “As
It seems that’s the journey for cross-border payments, which are in the midst of a digital disruption as innovators focus on addressing a range of friction points, from sluggish speeds to high costs. Only a few years ago, small businesses lagged in globalpayments technology uptake.
The June Payments-as-a-Service (PaaS) Tracker™ follows recent developments in the payments industry, from cross-border commerce developments to point-of-sale solutions to loyalty programs and how these new tools could change business operations for retailers large and small — and, yes, medium too.
Shoplazza merchants will be able to leverage Unlimit’s extensive portfolio of payment methods and robust payment infrastructure to expand their customer bases worldwide, bolster customer satisfaction, and improve customer retention.
Optty, a B Corp-certified globalpayments infrastructure platform, and ekko, a sustainability platform for banks and payments companies, are partnering to make it easier for businesses to offer sustainable paymenttools at scale.
Globalpayments software provider OpenWay , renowned for its Way4 platform , has been recognised by Juniper Research as a top-five market leader in digital wallet solutions. The current market demands integrated ecosystems offering diverse services based on accounts, cards, wallets, and now also fiat and digital currencies.
HSBC also just recently introduced a new globalpaymentstool, which PYMNTS reports will let international customers transfer funds through a single account anywhere in the world. 25 statement. The service will be launched only in the U.K. initially, the release says.
Larsen also spearheaded the R3 consortium, which sees dozens of financial institutions around the globe using Ripple’s blockchain technology to develop paymentstools. Last September, Ripple publicly questioned the effectiveness of the GlobalPayments Innovation initiative of payments technology firm SWIFT.
Separately, Kevin Phalen , global head of Visa Business Solutions, stated that the launch of Visa Commercial Pay “allows us to accelerate B2B money movement away from slow, outdated methods to fast, data-rich, secure digital payments and give businesses better control over their finances.”.
Julian King , vice president and general manager of Xoom, said real-time payments have been a "critical and essential paymenttool" for the nine months of the pandemic thus far, and they have proved popular with customers in India. India is an important market for us," he said, according to the release.
Citi is already working with Chain, having launched CitiConnect for Blockchain, which aims to link Citi’s existing paymentstools with the blockchain infrastructure.
Enhancing cross-border payment services for e-commerce merchants in APAC, Unlimit , the globalpayments fintech has partnered with Shoplazza , the AI-commerce tech firm. China’s e-commerce market is currently the largest worldwide and accounts for nearly 50 per cent of global transactions.
Saudi fintech startup barq has partnered with Mastercard to offer its customers enhanced payment solutions by using Mastercard’s globalpayment processing platform. This platform – known as Mastercard Gateway – enables businesses to securely manage transactions, prevent fraud and support recurring payments.
Offering an API means Payoneer’s global corporate paymentstools can be accessed by more SMEs across the world, and according to the firm’s CEO, Scott Galit, that international vision is a critical component to this service. The tool is also a way to promote collaboration in the SME services space, Galit noted.
Though credit cards were not originally designed to address the needs of corporate payers, advances in commercial card technology have positioned the paymenttool as one that’s gaining traction in the accounts payable department.
“Subsidiaries based in different countries, with different bank accounts, are obliged to send funds to each other using existing payment rails,” Lazarichev said in a recent interview, adding that traditional globalpaymentstools take several days to complete. “In Cross-Border Payments Friction.
From a Press Release Dated April 17, 2025, Boston & London BlueSnap, a globalpayment orchestration platform, has partnered with Shopware, an open-source eCommerce platform, to enhance payment processing for North American businesses.
Top players in the online travel booking space are collaborating with UATP , an alternative globalpayment solution accepted by airlines and travel merchants, to support the use of the paymenttool for corporate travelers. UATP, Universal Air Travel Plan, is a payment network owned by airlines themselves.
Separately, Crédit Agricole ’s Italian operations brought instant payments to current account activity through partnership with SIA. The faster paymentstool will allow businesses to make payments of up to €15,000 ($17,058 USD) no matter the time of day. The service went live in Hong Kong last month.
Today in B2B payments: Visa collaborates to open up small business banking data, while Mastercard drives commercial card adoption across the MEA region. Plus, American Express eyes social media shoutouts for small firms, Veem launches a domestic B2B paymentstool and Billtrust embraces machine learning. 18) press release.
The Bank of England said it is seeking key industry stakeholders to join the panel from a diverse range of players, including payment service providers, technology companies and end users of these paymenttools, including businesses. payment ecosystem, including APIs for the financial services space. ”
A lack of omnichannel payment options is a primary pain point for consumers, with 86 per cent of merchants agree their payment experience requires improvement. The research study uncovers key insights into merchant payment trends in response to customer payment priorities, merchant pain points and advancements in digital payments.
Orange Middle East and Africa is strategically partnering with globalpayments giant Mastercard to expand access to mobile financial services across Sub-Saharan Africa.
Mastercard launched Move Commercial Payments , a real-time cross-border payments solution that operates 24/7. The new commercial paymentstool leverages a multi-rail system that includes SWIFT, Visa Direct, and Mastercard’s proprietary networks.
We’re not that myopic and shortsighted,” said O’Connell, adding that “there will be a bit of picking and choosing” when it comes to which globalpayments platforms businesses and their partners will help to succeed. That doesn’t mean Uphold isn’t anticipating competition, however.
It’s a stark contrast from its historical high of 81 percent in 2004, analysts noted, and suggests checks are steadily declining within corporate payments. The AFP’s report was released the same week a range of new electronic B2B paymenttools were announced, the latest in a deluge of digital payment solutions emerging in recent years.
It uses the ACI Money Transfer System and the payment processing capabilities of UP Immediate Payments to connect banks to real-time payment schemes and Real-Time Gross Settlement (RTGS), enabling FIs to deploy open API technology and support SWIFT functionality, including support of SWIFT’s globalpayments innovation (gpi) and SWIFTNet.
Today in B2B payments: Visa collaborates to open up small business banking data, while Mastercard drives commercial card adoption across the MEA region. Plus, American Express eyes social media shoutouts for small firms, Veem launches a domestic B2B paymentstool and Billtrust embraces machine learning. 18) press release.
With its newest offering designed for legal cannabis businesses , AeroPay ‘s B2C and B2B paymenttools aim to help companies in this market migrate away from manual and paper-based payment methods. ” AeroPay Elevates The Bank Transfer.
Citi is already working with Chain, having launched CitiConnect for Blockchain, which aims to link Citi’s existing paymentstools with blockchain infrastructure.
Today, some of the industry’s biggest players will converge in New York City at this year’s PYMNTS B2B Payments Executive Forum , with Visa as presenting sponsor. The forum is a call to action for key industry stakeholders to tackle friction in the $125 trillion-worth of globalpayments volume flowing between businesses around the world.
Once an SMB is willing to consider working with an alternative financial service provider on its FX needs, there is still confusion that remains about the right foreign exchange products an SMB should deploy — and it may still inadvertently be relying on the same legacy globalpaymenttools traditional FIs deploy.
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