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Aspire has partnered with fintech infrastructure provider Episode Six to introduce a multi-currency corporate card for small and medium-sized businesses (SMBs) in Singapore and Hong Kong. The new card is aimed at helping Aspires 50,000 SMB customers manage cross-border payments more efficiently.
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.
The partnership brings Airwallex’s global payments and financial operating capabilities into the Viably ecommerce financial platform, allowing businesses to simplify cross-border transactions and management of multiple currencies in a single account.
TransferGo , the global fintech empowering a world on the move, has launched its multi-currency business account. This service offers global businesses based in the United Kingdom and European Union an account through which they can hold, exchange, send, and receive multiple currencies.
(NYSE: CPAY), a global leader in corporate payments, is thrilled to announce that Corpays Cross-Border business has introduced Multi-Currency Accounts, enabling ever-growing businesses to expand their global footprints while enjoying hassle-free and seamless foreign currency management, in one single point of access.
In a significant move towards enhancing digital financial inclusion, Salaam Somali Bank , in collaboration with Mastercard , has announced the launch of a digital-first co-branded multi-currency prepaid card designed to revolutionize digital payment solutions. Together, we are not just adapting to the future; we are defining it.”
Privat 3 Money introduces a multi-currency account in collaboration with ClearBank, enabling seamless transactions in EUR, USD, CHF, and CAD under a single IBAN. Key features include simplified international transactions, user-friendly FX solutions, and API-driven technology for enhanced control.
Companies can order multi-currency cards, which can be used to pay in more than 160 currencies worldwide and make payments in 23 without currency conversion. An employee can use it to pay for petrol and accommodation at a conference abroad and withdraw cash from an ATM in the local currency.
With a multi-currency account, seamless international transfers, personalised virtual cards and analytics tools, MyGuava provides the ultimate solution to simplify financial management. A standout feature is its multi-currency account, which supports over 20 currencies.
Mangopay is providing pay-in, e-wallet, payout and FX infrastructure for the new addition to the Omnipresent platform, which will streamline contractor management in over 200 countries by ensuring seamless multi-currency payments, compliance, and administrative efficiency for businesses.
Selling products and services internationally means facing new challenges, especially regarding payment processing, regulatory requirements, currency exchanges, and fraud prevention. Look for processors with: Multi-currency support : To allow customers to pay in their preferred currency.
Wallet: The dtcpay Wallet app allows users to securely store, transfer, and withdraw stablecoins and fiat currencies. Card: The dtcpay Visa Infinite card, set to launch at the end of January 2025, supports multi-currency spending. Users can swap between stablecoins and fiat currencies and spend fiat directly through the card.
A key feature of the partnership is OCBC Hong Kongs “Global Multi-Currency Account,” which enables businesses to manage transactions in major global and regional currencies, including the Renminbi, US Dollar, British Pound, Euro, and ASEAN currencies, supporting trade in ASEAN and other regions.
KCB Bank , the largest financial institution in East Africa, has partnered with Compass Plus Technologies to strengthen its multi-currency offering by launching Kenya’s first platinum multi-currency prepaid card which will empower its customers with the flexibility and convenience they need to pay for goods and access funds across borders.
Telcoin Bank is scheduled to launch operations early this year, when it releases the first bank-issued stablecoin, dubbed ‘eUSD’, as the backbone of its broader multi-currency digital cash strategy.
Trading 212, an FCA-regulated online broker offering trading services, is partnering with Paynetics, one of the leading providers of embedded finance in Europe, to integrate multi-currency accounts and card payments within their trading services. Read more
Mastercard is also developing ways for stablecoins to streamline settlements across currencies through its Multi-Token Network (MTN), which supports real-time payments and redemptions. Exchanges and platforms such as Wirex, Bit2Me, Lirium, Notabene, Coins.ph, and Mercado Bitcoin have adopted the system.
It looks at all available blockchain networks, digital currencies, and exchanges, and then optimizes a routing between two countries given market trends, rates, fees, and liquidity. With this in mind, Google Maps analyzes myriad factors (distance, tolls, fuel efficiency, construction, traffic, etc) and selects the best possible route.
Partior’s platform is live with prominent currencies, such as USD, EUR and SGD, and is used by major banks and firms, including DBS, JP Morgan, Standard Chartered, Siemens and iFAST Financial. Its platform covers payments in 173+ countries with local payment options in 70+ markets and offers global business accounts in 60+ currencies.
Jingle Pay provides innovative services, including multi-currency accounts, instant money transfers via the world’s first remittance marketplace, card payments, and last-mile payouts across 150+ corridors in 99+ currencies.
BnkPros clients already benefit from a suite of financial management tools, including multi-currency solutions, instant currency exchanges, and the exclusive BnkPro Mastercard. This partnership reflects our dedication to providing secure, efficient, and innovative solutions for managing wealth.
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.
Leading global fintech Airwallex today announced that it now enables businesses to receive and hold funds in Israeli Shekels (ILS) through its Global Accounts and multi-currency wallet. ” The post Airwallex Enables Businesses to Collect and Hold Funds in Israeli Shekels appeared first on FF News | Fintech Finance.
Regional and currency limitations If your app serves an international user base, regional limitations can create friction. Currency conversion fees or poor exchange rates impacting both users and your margins. Currency conversion fees or poor exchange rates impacting both users and your margins. Alipay, iDEAL, M-Pesa).
Making cross-border payments simple Liv, the UAE’s first and largest digital bank launched by Emirates NBD, is introducing a new way to flex, letting people access multiple currency accounts from a single card. Dollar, British Pound, Euro, Canadian Dollar and Australian Dollar. “At
Last year, Wise Platform also expanded to Latin America by launching its multi-currency accounts and debit cards solution with Nubank in Brazil, one of the worlds largest digital banks with over 100 million customers and Travelex Confidence, the worlds largest non-bank foreign currency supplier.
Caecilia Chu YouTrip, a multi-currency digital wallet, enables users to conduct transactions in over 150 currencies without incurring traditional banking or money exchange fees. Caecilia Chu, CEO of Singapore-based fintech YouTrip, is actively preparing the company for an IPO, with plans recently detailed to Nikkei Asia.
Deutsche Bank’s additional investment reinforces Partior’s plans to scale its operations globally and enhance cross-border capabilities as well as develop functions like Intraday FX swaps and Just-in-Time multi-bank payments.
Creators can also access centralised multi-currency wallets, simplifying the management of funds from multiple platforms, saving on currency conversion fees, and enabling easy financial reconciliation.
iFAST Global Bank (iGB or the Bank) is breaking new ground in UK banking with the launch of its first-of-its-kind Multi-Currency Current Account, an innovative solution that lets customers earn competitive interest rates on multiple currencies while being rewarded for their everyday debit card spending.
Currency risk management and alternative banking specialist Argentex announced French fintech Numeral as its strategic payment technology partner. Currency risk management and alternative banking specialist Argentex has chosen Numeral as its strategic payment technology provider.
Rewards System The MyGuava and Crystal Palace card will also be introducing a multi-stage reward system, providing cardholders with the exciting chance to earn Crystal Palace merchandise and experience based on spending. The MyGuava App, which is the flagship product of Guavapay, is designed to meet the broad financial needs of users.
Aspires Visa card empowers Hong Kong SMBs to thrive in the modern global economy by offering access to multi-currency and seamless cross-border payments. As growth remains the top priority for SMBs, nearly 79% are focused on expanding through cross-border transactions.
With no monthly fees, competitive transaction rates, multi-currency processing, and advanced fraud protection, FMPay aims to empower small businesses to grow by providing cost-effective, reliable, and transparent payment solutions, supported by a dedicated team.
iFAST Global Bank ("iGB" or the "Bank") is making new strides in UK banking with the launch of its unique Multi-Currency Current Account, an innovative solution that lets customers earn competitive interest rates on multiple currencies while enjoying rewards on everyday debit card spending.
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.
Standard Chartered today announced the launch of SC PrismFX, its cross-currency Transactional foreign exchange (FX) solutions suite. Additionally, clients can benefit from automated FX payments with faster multi-destination delivery, Auto FX Conversion solution, and seamless integration with minimal operating process changes and set-up costs.
Following its collaboration with Dandelion, HSBC now offers fee-free transfers to over 100 destinations in more than 60 currencies, providing a seamless, real-time payment experience that bypasses the traditional correspondent banking model. Most of our clients are leading international lives.
Remittance network TransferGo has launched an account that lets global businesses based in the UK and EU hold, exchange, send, and receive multiple currencies.
YouTrip, a Singapore-based multi-currency digital wallet, has launched a new service enabling users to send money internationally. The feature allows transfers in local currencies to more than 40 countries via bank transfers and instant payment methods like DuitNow, GCash, and UPI in select countries.
Addressing the problems of high fees, slow transfers, and complex processes in global money movement, TransferGo’s multi-currency business accounts feature Griffin-powered GBP wallets to ensure customer funds are safeguarded.
This includes pricing, instalments, multi-currency accounting, credit limits, interest calculations, exceptions, fees and commissions, authentication validity periods, risk operations, workflows, and more. Instead of hard coding, they create new products using flexible parameters.
In particular, its DBS Globesend solution for cross-border payments spans 132 currencies and 190 countries. Nium operates a payout network that supports 100 currencies and which spans more than 220 markets, 100 of which in real-time. DBS Bank is also a participating bank in PayNow, Singapores consumer real-time payments service.
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