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Luxembourg’s Banking Circle Set to Acquire Australian Settlements

Fintech News

Banking Circle, a Luxembourg-licensed bank specialising in next-generation banking services, is set to acquire Australian Settlements Limited (ASL), an authorised deposit-taking institution. This milestone brings us closer to our vision of creating a global real-time clearing and settlement hub for all major currencies.”

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How to Choose a Payment Solution That Scales with You

Stax

As your business grows, the tools powering it need to evolve tooand that includes your payment solution. In this blog, well unpack what scalability really looks like in a payment solution and how to choose one that wont hold you backwhether you’re just beginning to start accepting payments or scaling to new markets.

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Norway Joins TIPS, Adding Norwegian Krone to Eurosystem’s Instant Payment Service

Fintech Finance

The European Central Bank (ECB) and Norges Bank signed an agreement for Norway to join the Eurosystem’s TARGET Instant Payment Settlement (TIPS) service. Norges Bank’s Governor, Ida Wolden Bache, said: “A well-functioning instant payments solution is an important part of an efficient payment system.

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KuCoin Launches Merchant Payment Solution: KuCoin Pay

The Fintech Times

KuCoin Pay will reduce transaction fees and facilitate immediate settlement of crypto payments, aligning with the company’s goal of enhancing the blockchain ecosystem. The post KuCoin Launches Merchant Payment Solution: KuCoin Pay appeared first on The Fintech Times.

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UBS Successfully Pilots Blockchain-based Payment Solution for Cross-Border Transactions

The Fintech Times

Global asset manager and Swiss bank UBS has developed and successfully piloted a blockchain-based payment solution, aiming to increase efficiency and transparency, as well as enable the programmability of money movements for corporate and institutional clients.

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Credit Card Settlements Explained: How They Influence Your Finances

EBizCharge

Since managing credit card transactions can be complex, understanding how their settlements work is essential to maintaining financial health as consumer spending rises. Credit card settlements involve various processes and parties that ensure transactions are accurately recorded and funds are transferred.

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XTransfer Gets Green Light for Singapore Payment License

Fintech News

The company, founded in 2017, specialises in cross-border payment solutions tailored to small and medium-sized enterprises (SMEs). It enables secure and compliant transactions, with 24/7 payment settlement capability, offering uninterrupted fund circulation throughout the trade process.