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

Fintech News

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.

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Banking Circle’s BC Payments Gets In-Principle Nod for Payment License

Fintech News

BC Payments, a Singapore-based subsidiary of Luxembourg-licensed bank Banking Circle , has received in-principle approval (IPA) from the Monetary Authority of Singapore (MAS) for a Major Payment Institution (MPI) license. Banking Circle is regulated by the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg.

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Decoding the FCA’s Safeguarding reforms: Practical steps for payments and E-money firms

The Payments Association

Stricter segregation requirements could limit operational flexibility, affecting firms offering diverse payment solutions, particularly those operating in international markets. Firms operating in multiple currencies or across differing time zones may face trouble in ensuring funds are instantly deposited into safeguarding accounts.

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Finovate Global Ireland: Investing in Payments and Partnerships

Finovate

The company aggregates local payment methods into a single, consistent API; and offers treasury and reconciliation tools that provide real-time visibility, automated fund flows, and multi-currency management. “Nomupay offers a wide range of services in the payment field in Asia, and can meet flexible and diverse needs.

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Spendesk Partners With Wise Platform to Bring International Payments Capabilities to 5,000+ Mid-Market Companies

Fintech Finance

This strategic partnership introduces international payments capabilities to Spendesk’s platform, allowing customers based in the European Economic Area and the United Kingdom to make cross-border transactions quickly, securely and at low-cost in 30 currencies, supporting invoice payments and expense reimbursements.

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Transcard Brings its Payment Orchestration Capabilities to Canada

Finovate

Transcard has partnered with Xodus Travel Services to enhance digital payment experiences with its SMART Suite platform. Financial Conduct Authority (FCA) to serve as a payment institution in theU.K. Tennessee-based Transcard is bringing its payment orchestration capabilities north of the border this week.

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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.