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Wise Granted Direct Access to Philippines’ Instant Payments Infrastructure, Gets Settlement Account With BSP

Fintech Finance

Wise’s direct connection to InstaPay will enhance the cross-border payment experience for nearly 13 million Wise customers worldwide, and millions more users of some of the world’s largest banks and financial institutions, such as Bank Mandiri, who offer their customers international payments through Wise Platform.

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6 Asian Companies Recognized Among the World’s Most Promising in Cross-Border Payments

Fintech News

FXC Intelligence’s Global Most Promising Cross-Border Payments Companies 2024 highlights emerging players in the international payments space. These players are smaller in scale than those featured in the Top 100 Cross-Border Payment Companies , but are experiencing notable growth.

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This Week in Fintech: TFT Bi-Weekly News Roundup 08/04

The Fintech Times

Shang Chou , who has experience building investment and fintech solutions for the asset and wealth management industry, also joins the team as Cache’s new head of institutional solutions. International payments business Caxton has appointed Roger Bracken to its board in the position of non-executive director.

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Finovate Global Mexico: Payments Partnerships and International Acquisitions

Finovate

. “We are pleased to work with Belvo to offer our clients in the country access to a best-in-class direct debit solution, providing higher transaction success rates, new features such as partial debit payments, and more efficient settlements,” Francisco Molina Viamonte, Head of Mexico for J.P. Morgan Payments said.

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This Week in Fintech: TFT Bi-Weekly News Roundup 20/02

The Fintech Times

More appointments Quantum Group, the fintech and security incubator, has appointed James Radford as the CEO of Volopa, its foreign exchange, international payments and expense management company. All will support the firm’s strategic development and growth ambitions. He will also manage TrueLayers European operations.

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FOMO Pay and BNY to Streamline USD Payment Services for Corporate Clients

Fintech News

Singapore-headquartered payment institution FOMO Pay has partnered with global financial services provider BNY to enhance USD payment services for corporate clients. The collaboration integrates BNY’s payment infrastructure with FOMO Pay’s offerings.

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UK Tightens Rules On Payments Firms In Wake Of Wirecard Debacle

PYMNTS

This is the end of light-touch regulation of e-money and payment institutions.” . “The sector has reached the scale where more regulation is required,” Matt Hopkins, audit director at BDO, the global financial advisory firm, told the newspaper.