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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.
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.
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.
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.
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.
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. The post Mastercard Advances Stablecoin Use for Consumer Payments, Merchant Settlements appeared first on Fintech Singapore.
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.
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.
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.
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. The post Empowering Financial Institutions: An Interview with the CEO of Almond FinTech appeared first on Fintech Review. Our SOE works the same way.
Indonesia has reached a significant milestone in its journey toward exploring the potential of Central Bank Digital Currencies (CBDCs) with the completion of the Proof of Concept (PoC) for the wholesale Digital Rupiah under the auspices of Bank Indonesias Project Garuda.
Global reach: supports multi-currency, multi-acquirer environments with intelligent cross border payment handling. The post Worldline Launches AI-Powered Routing to Boost Payment Authorisation Rates appeared first on FF News | Fintech Finance.
Whalet currently provides services such as one-click store setup, global accounts, pay-ins, payouts, currency exchange, and card issuance for businesses expanding globally. The post TerraPay and Whalet Partner to Expand Payout Network for SMEs appeared first on Fintech Singapore. It holds payment licenses in Singapore, the U.S.,
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).
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.
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.
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.
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
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. .
Card issuing—the new competitive arena Once dominated by banks and card networks, the payment landscape now includes diverse players: digital wallets , BNPL providers , instant payment schemes, embedded finance apps, and central banks with CBDC (Central Bank Digital Currency).
Navigating the Fragmented APAC Market Image credit: Fantastic Studio via Freepik APAC is often treated as a single region, but in reality, it is a collection of heterogeneous markets — each with its own currency, language, regulations, payment preferences, and banking infrastructure.
BC Payments will leverage the global multi-currency clearing network for major currencies, and provide innovative solutions such as multicurrency accounts, bank connections for local clearing and cross-border payments. Banking Circle is regulated by the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg.
Platforms can embed Airwallex APIs to offer seamless, multi-currency tools, including payment acceptance, global payouts, branded creator cards and an advanced tax solution to embed data collection and filing for tax reporting.
They can’t afford long waits, fraud exposure or clunky compliance,” said Ian Campbell, Director of Solutions at Equals Money, the fast-growing spend management platform, combining multi-currency accounts, international payment and embedded finance solutions. ” says Campbell. ” says Campbell.
With competitive FX rates, multi-currency wallets, and a strong focus on compliance, Airwallex gives us the confidence to bring this product to market at scale. Regulated across multiple jurisdictions, including by the UK’s Financial Conduct Authority , it enables payouts in over 150 countries and more than 46 currencies.
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.
This dual licensing enables the company to offer cross-border payment services that integrate traditional fiat currencies with blockchain-based stablecoin transfers. The post French Regulators Approve Merge for Fiat and Stablecoin Payment Services appeared first on The Fintech Times.
Affirm will integrate VFC into its buy now, pay later (BNPL) Affirm Card, while UAE-based Liv will leverage VFC to enable multi-currency transactions through a single card. The VFC is similar to Curve’s multi-payment card offerings, however, Visa’s VFC requires users to select the payment type before transactions.
Worldline [Euronext: WLN], a global leader in payments services, today announces a partnership with Telr , the multi-award winning, Dubai-based payment gateway aggregator and provider to launch an e-commerce payments solution for the rapidly expanding UAE. The full list of benefits of Worldlines e-commerce solution can be found here.
With competitive FX rates, multi-currency wallets, and a strong focus on compliance, Airwallex gives us the confidence to bring this product to market at scale. Businesses can also receive payments using local bank details in 12 countries and over 20 currencies.
Adyen offers a unified global payment platform with multi-currency capabilities, appealing to large e-commerce businesses with international reach. The post Payment Processing USA: 2024 Market Overview appeared first on Credit Card Processing and Merchant Account.
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.
In line with G20’s commitment to lower cross-border payment costs via technology innovation, Platform Tech developed a world-leading Time-Series Transformer AI FX Model to help multi-national merchants in airline, e-commerce and other sectors to improve treasury management efficiency and reduce cost.
Global reach: supports multi-currency, multi-acquirer environments with intelligent cross-border payment handling. The post Worldline Increases Payment Authorisation Rates With AI-Powered Routing Solution appeared first on The Fintech Times.
The partnership marks a significant step in Weavrs evolution into a multi-financial institution provider model, reinforcing its leadership in embedded finance and enhancing the choice and flexibility offered to customers.
Mastercard’s joining our cross-border and multi-currency payments system is a major development, complementing our existing banking partners and helping boost financial inclusion, growth and trade across the region.”
Through the new partnership, Sutex Co-operative Bank plans to integrate multi-currency payment processing technology from CCAvenue to enhance its direct debit facility. The post Sutex Co-operation Bank Integrates CCAvenue Payment Processing to Enhance Direct Debit Payments appeared first on The Fintech Times.
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.
Designed for CFOs, controllers, and finance professionals, MO AI aims to improve the efficiency and accuracy of tasks such as cash management, forecasting, compliance, and reporting across multi-entity, multi-currency operations.
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