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FOMO Pay Adds Vietnam to Cross-Border Network with Launch of VND Accounts

Fintech News

The service enables merchants, corporates, and institutions to send and receive VND within Vietnam using locally issued virtual accounts under their own names via the countrys local payment infrastructure. This expansion follows FOMO Pays recent rollout of United Arab Emirates Dirham (AED) payment capabilities.

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Payment Reconciliation Done Right

Agile Payments

Disrupting the ACH and Credit Card settlement and funding process via a Funding Report.

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What is Reconciliation in Payments

Clearly Payments

How Does Payment Reconciliation Work? The payment reconciliation process usually involves a few key steps: 1. Common reasons include: Payment processing fees Refunds or chargebacks Timing differences (i.e., Bank Reconciliation This compares a companys internal payment records with its bank statement.

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Modern payments, outdated systems: Why growth and uncertainty demand agility

The Payments Association

As digital assets continue to gain traction, payment networks must evolve to accommodate rising transaction volumes, evolving regulatory frameworks, and the growing demand for real-time settlement. In fact, a staggering 90% of firms still use spreadsheets for payment reconciliation.

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Beyond borders: How modern FX solutions are transforming B2B global payments

The Payments Association

In today’s hyperconnected world, managing cross-border payments remains surprisingly complex, inefficient, and costly. What should be a seamless flow of value is instead a maze of hidden fees, settlement delays, and reconciliation nightmares as if moving money between countries should be as slow as sending a postcard by carrier pigeon.

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Nium Expands Ability for Customers to Receive in More Than 40 Countries and 15 Currencies, Offering One of the Most Extensive Networks

Fintech Finance

This opens the future ability for Nium’s customers in emerging markets, including direct debit for collections from their customers, FX, split payments, local card settlement and much more. This expansion is key for many of the industries Nium serves including marketplaces, payroll, and financial institutions.

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Blink Payment Partners With Business Pilot to Tackle Installer Industry Late Payments

Fintech Finance

Traditionally, fitters and installers have requested invoice settlement via traditional methods like bank transfer, which can be slow, contributing to the rise in late payments. A survey in the Netherlands in 2020 also found that 62% of respondents believed e-Invoicing reduces invoice processing errors that delay payment.