Fintech News

JUNE 16, 2024

Wise, a global online money transfer service, has partnered with Nubank, a Brazilian digital bank that serves over 100 million users , to streamline international payments for Nubank’s premium segment, Ultravioleta. Nubank Ultravioleta clients can now make fast, low-cost international payments directly from the Nubank platform.

International Payments

Payments Source

MAY 13, 2020

Cross River Bank, a banking-as-a-service provider to fintechs, has signed Remitly to leverage its new push-to-card international payment service for near real-time remittances.

Push-to-Card

Fintech Finance

APRIL 8, 2024

Today, Wise Platform , Wise’s infrastructure offering for banks, financial institutions, and enterprises around the world, announced its partnership with Nubank , one of Brazil’s largest financial institutions, to power their global account and international debit card.

Debit Card

PYMNTS

AUGUST 6, 2020

are made with cash , for example, and 63 percent of consumers have at least two credit cards. The pandemic has only strengthened the demand for digital payments. These changes are likely here to stay, with 31 percent of bank customers saying they will continue to use digital payment methods even after the pandemic has passed.

Regulations

PYMNTS

AUGUST 8, 2019

The Association of Canadian Travel Agencies (ACTA) is collaborating with Western Union to make cross-border payments easier. Western Union offers valuable business tools and consultation for our members, helping to ease the complexity of international money movement,” said Wendy Paradis, president of the association. .

Cross-Border

PYMNTS

DECEMBER 10, 2019

Visa has added a new partner in its quest to simplify, digitize and drive costs down in the global remittances space with its real-time push payments platform Visa Direct. The broader goal will be to take the Visa Direct-enhanced offering and work with the card network to scale its offering throughout Europe and worldwide in 2020.

P2P

PYMNTS

MAY 22, 2019

Mastercard and Interac, the global and domestic payment networks, announced Wednesday (May 22) they are collaborating to offer customers in Canada a fast and easy way to send money internationally. ” According to Mastercard and Interac, Canada is a big market for international payments given its diverse population.

Cross-Border Payments

The Fintech Times

JANUARY 16, 2024

Edward Metzger, vice president, market planning payments efficiency at LexisNexis® Risk Solutions, shares his predictions for the key payments trends to watch as 2024 unfurls. Although A2A payments are not new, API technology and the move to open banking have provided the payment rails for A2A payments to take off.

Payments Trends

Fintech News

MAY 2, 2024

With a strong presence in eight Asia Pacific markets, including Australia, New Zealand, Hong Kong, India, Indonesia, Japan, Singapore, and Malaysia, Wise is becoming known across the global cross-border payment landscape by offering transparent, fast, and cost-effective solutions.

Cross-Border

Clearly Payments

FEBRUARY 14, 2024

In today’s global economy in 2024, the financial transactions has evolved into a dynamic ecosystem, where a multitude of players work together to facilitate fast and secure payment processing. The payment processing ecosystem is vast and multifaceted, with a staggering array of statistics underscoring its significance.

Value Added Service

PYMNTS

JULY 14, 2019

A Japanese venture launched in 2018 by India’s top payments app already has eight million customers, giving Paytm’s PayPay a sizable share of a vast new market, even as it competes against international payment companies in its home country. A joint venture between Paytm, SoftBank and Yahoo!

Push-to-Card

Finovate

APRIL 8, 2024

Courtesy of the partnership, Wise Platform will power a new global account and international debit card for Nubank. Wise Platform offers banks, financial institutions, and businesses the ability to leverage its infrastructure to make cheaper, easier payments. The collaboration will also enable Nubank customers to hold both U.S.

Accounts

PYMNTS

AUGUST 21, 2019

International B2B payments are in the crosshairs of many a firm eager to seize the opportunity to move the trillions of dollars that cross borders away from checks. But on an international stage, cross-border corporate payments can present challenges, especially when it comes to getting suppliers to adapt to digital payments.

Commercial Card

Clearly Payments

MAY 1, 2025

But they also have a ripple effect that extends to merchants pricing strategies, customer behavior, and yes, even how payments are processed. While credit card processing fees arent directly subject to tariffs, many businesses are seeing indirect impacts that affect their bottom line. Will Tariffs Increase Payment Processing Fees?

Credit Cards

PYMNTS

FEBRUARY 6, 2019

However, ultimately, what pushed him into entrepreneurship once and for all was the same thing that starts so many businesses: real-life friction. InstaReM is a cross-border payments company that, according to Nanu, is something of a hybrid. InstaReM was then founded as a four-person operation in a single Singapore office.

Issuers

The Fintech Times

APRIL 9, 2024

This option is even more advantageous than using other means of payment outside the country, bringing savings up to nine per cent compared to traditional credit cards for international travel. Supporting global travel The debit card associated with the Global Account offers coverage in over 200 countries and territories.

Accounts

Fintech Finance

APRIL 11, 2024

Verituity , a leading provider of intelligent, verified payout solutions, today announced the integration of Mastercard Move , Mastercard’s portfolio of domestic and international money transfer solutions, into its payments platform, enabling near real-time payouts for commercial banks and payers.

Cross-Border

PYMNTS

DECEMBER 16, 2019

With only 15 days left until the end of the year, the year-end push has officially begun. Visa, and more specifically Visa Direct, made two great pushes for outward expansion, while Apple is working to push both its new card and its new line of phones, possibly in reaction to its China slowdown. That’s OK, we didn’t ….

PayPal

PYMNTS

MARCH 18, 2016

The initial push by payments firm Square into Australia hit a rough patch after the security of its mPOS reader was scrutinized, as noted by The Australian. Though the device, designed for use in the United States, accepts chip cards, it was not set up with a PIN pad.

Security

PYMNTS

JANUARY 31, 2019

Visa beat expectations on double-digit payment volume growth even as international transactions slowed markedly. Total cards were up 4 percent across the company’s portfolio, to 3.3 Cross-border payment growth rates were also impacted by past periods that had seen activity tied to cryptocurrencies. Within the U.S.,

Volume

PYMNTS

NOVEMBER 29, 2017

The solution will provide banking services to small firms as well as foreign exchange (FX) and global payment capabilities. The solution will provide banking services to small firms as well as foreign exchange (FX) and global payment capabilities. FairFX’s SMB solution, Fair Everywhere, will provide companies with a card that offers 3.5

Global Payments

PYMNTS

FEBRUARY 15, 2017

The commercial card space is anything but straightforward. For one, payments innovation has created an explosion in the types of cards businesses can use, from fleet cards to one-time-use virtual cards. But innovators in the space press on. “We’ll be in other continents by the end of the year.”

Commercial Card

PYMNTS

MAY 8, 2017

That’s Flywire CEO, Mike Massaro, on what he describes as the “state of the international state” — and the opportunity that Flywire set it sights on when it created its cross-border receivables network. We also wanted to expand the payment opportunities for these global citizens — and to do that at scale.”.

Cross-Border

PYMNTS

OCTOBER 23, 2020

It was a busy week for commerce and payments, as Apple Pay turned six and J.P. Small and medium-sized businesses (SMBs) can accept payments via a mobile program or touch-free card reader with QuickAccept and get the funds immediately. 2021: The Year Business Payments Go Digital And Lose The Paper Check.

PayPal

PYMNTS

SEPTEMBER 21, 2017

Secure credit card and ACH payment processing solutions provider ProPay, owned by TSYS, is upgrading its disbursements and commission payments facilitation platform, the company said this week. ProPay is a single point of integration for all things payments,” added ProPay vice president Mike Cottrell.

Push-to-Card

PYMNTS

MARCH 29, 2016

And with banks flocking to the technology, the area of crytocurrency and distributed ledgers has luckily earned a comfortable spot among disruptors as a potential to change the way international payments are made. This isn’t a case of an innovator looking to push bitcoin and its related technology on the market.

Cross-Border

PYMNTS

JANUARY 29, 2018

When they get to their destinations, payments platforms are prepped and ready to unlock traveler spending. The latest Payments as a Service Tracker charts the newest developments in the space, including a blockchain-based loyalty program that enables reward points to travel across franchises, a digital currency remittances pilot and more.

Blockchain

PYMNTS

NOVEMBER 26, 2018

In a press release , 7-Eleven said it is working with CITCON, the cross-border mobile payment company, to make this a reality. “Digital payments are on the rise, and consumers across the world are embracing them for convenience. Alipay and WeChat Pay will be available in 35 locations in Vancouver and Toronto.

Mobile Payments

PYMNTS

JUNE 26, 2017

The partnership, Mach told Webster, is the culmination of a two-year effort between the two firms and an opportunity to really drive Verifone’s security and payments solutions to many different parts of the airport ecosystem — and at a scale around the world that is “pretty interesting.”. EMV, he noted, hasn’t seemed like as pressing a case.

Push-to-Card

PYMNTS

MARCH 16, 2017

The company announced today (March 16) that its B2B payments processing and receivables solution, which has so far been running in testing phase with a few clients, is now open to its clients looking to receive payments from their cross-border corporate customers. It’s true,” Moen said of B2B payments’ reputation. “A

B2B

The Fintech Times

DECEMBER 21, 2023

Prajit Nanu, founder and CEO of Nium The world of cross-border payments is at a crossroads, both literally and figuratively. The winners will be those who think beyond payment, and more about the experience around the payment, from compliance, identity management, fraud monitoring, to payment routing.

Cross-Border

PYMNTS

OCTOBER 22, 2020

As infection and mortality rates rose and consumers became more concerned about their health and the health of others, it’s not hard to understand why their interest in contactless payments – tepid at best in a pre-pandemic world – skyrocketed overnight. PayPal’s Global Push. in August, and Pay in 3 in the U.K. earlier this month. “We

BNPL

PYMNTS

APRIL 22, 2016

Beyond the usual culprits (usual for now, as some macrotrends have bedeviled companies, large and small, in finance and elsewhere) of energy sector malaise, China’s slowdown and commodities pricing, Visa showed some promising data points that tie specifically to payments and technology initiatives. And as for payments and technology? “We

Volume

The Fintech Times

DECEMBER 14, 2023

Before joining Marqeta, Parker was CEO at international payments company World First. Appointments Fintech Pleo appoints Søren Westh Lonning as its new CFO. He has been working with Pleo in an advisory capacity to bolster its financial planning, capital structure and broader commercial efforts across the business.

FinTech

PYMNTS

JUNE 14, 2018

China is the world’s leading supplier of international students studying around the world. China is also a major source of international medical patients around the world. Hines, the chairwoman of executive health and international medicine at the Mayo Clinic, said in an email to The Times.

Cross-Border Payments

PYMNTS

FEBRUARY 8, 2017

Flywire — the payments business that aims to make large-sum, cross-border transactions in education and health care simpler, more transparent and less friction-filled — had gotten pretty good at being invisible. Our status as most invisible was very iconic and reflective of where we were as a company. So, what is the secret?

Cross-Border

PYMNTS

OCTOBER 8, 2018

were related in some way to international trade. Making B2B Payments Rails Hot. Why ride the existing rails when the B2B payments equivalent of the Hyperloop can make the trip more modern, faster and cooler, even if it costs more and only connects a few places? The economic impact of railroads isn’t felt only in the U.S.

B2B