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Nium Boosts Cross-Border Payments with Local Currency Support in 40+ Countries

Fintech News

This expansion enhances Nium’s ability to offer a wide range of local currencies through wire transfers and local payment systems, meeting the needs of various markets, including developing and emerging economies.

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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

Payments companies have historically underserved access to and from emerging markets, choosing to focus on the G20,” said Alex Johnson, Chief Payments Officer at Nium. This expansion is key for many of the industries Nium serves including marketplaces, payroll, and financial institutions.

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Nium Simplifies Money Moving for Businesses Across the Globe With Network Expansion

The Fintech Times

Alex Johnson, chief payments officer at Nium “Payments companies have historically underserved access to and from emerging markets, choosing to focus on the G20,” said Alex Johnson , chief payments officer at Nium. This includes marketplaces, payroll, and financial institutions.

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How Cannabis Companies Can Leapfrog Into Payments Digitization

PYMNTS

PayQwick Chief Operating Officer Bob Craig told PYMNTS in a recent interview that it’s not that financial institutions (FIs) don’t want to address this challenge and bank the underserved legal marijuana industry — it’s that the burden is so large that they are often unable to meet its requirements in-house.

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Banks, Your Window Of Opportunity For SMEs Is About To Close

PYMNTS

“The small business has long been underserved in the banking space,” the executive said. Nearly half of small business owners surveyed (47 percent) said they expect their use of ACH payments to increase this year via online banking; a quarter said wire transfers via online banking platforms will also become more frequent.

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The 7 Best BILL.com Alternatives

Nanonets

   AvidXchange AvidXchange targets that sweet spot that mostly goes underserved – companies larger than a sole proprietorship or local businesses that can’t keep up with accounting requirements on their own but are too small for enterprise-level solutions that cost more than they’re worth compared to their utility.