Finextra

JULY 9, 2024

NASDAQ: SOFI), today announced it is arming fintechs with wire transfer capabilities, enabling them to better serve consumers and businesses by offering another option for fast, secure money movement. Galileo Financial Technologies, a leading financial technology company owned by SoFi Technologies, Inc.

Wire Transfer 72

Wire Transfer Wire Wires FinTech 72

Stax

MARCH 27, 2025

Payments can also be made to local vendors via electronic bank transfers, or fund global transactions with wire transfers. Wire transfers are processed within 24 hours to a few days. Thats why average ACH vs wire transfer fees vary significantly. Thats why average ACH vs wire transfer fees vary significantly.

ACH 88

ACH Electronic Funds Transfer (EFT) Wire Transfer Wire 88

The Paypers

NOVEMBER 28, 2022

US-based gift card company GlobeTopper has partnered with Knox Wire to support payout capabilities globally.

Wire 69

Wire Wires Global Payments Payments 69

The Payments Association

MAY 28, 2025

Introduced in May 2025, this pioneering platform marks a significant advancement in helping financial institutions and fintech firms navigate the complex regulatory environment surrounding international wire transfers.

Compliance 88

Compliance Wire Transfer Wire Wires 88

Finovate

FEBRUARY 20, 2025

The technology leverages Finzly’s pre-wired, tested, and certified connections to the Fed to keep banks and other financial institutions a step ahead when it comes to implementing Fedwire, complying with ISO 20022 standards, and launching new value-added services.

FedWire 115

FedWire ISO 20022 ISOs Payment APIs and Integration 115

The Nilson Report

JULY 29, 2024

The post Galileo Launches Wire Transfers appeared first on Nilson Report.

Wire Transfer 52

Wire Transfer Wire Wires Posting 52

Payments Dive

SEPTEMBER 26, 2024

The international wire transfer company has restarted some services after a cyberattack, but is battling to fulfill transactions after taking its systems offline for much of the week.

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Wire Transfer Wire Wires Transactions 158

Paymerang

APRIL 9, 2024

The terms “ACH transfer” and “wire transfer” are frequently used interchangeably. You may even find the phrase “ACH/wire transfers accepted” on some business websites, making it reasonable to assume the two are the same.

Wire Transfer 52

Wire Transfer Wire Wires ACH 52

Fintech News

JUNE 29, 2025

Remsea received the largest fine of S$280,000 for breaches between August 2020 and August 2023, including failing to obtain customer residential addresses, check for beneficial ownership, verify representatives’ authority, and include required information in cross-border wire transfers.

AML 59

AML Wire Transfer Money Laundering Cross-Border 59

Paystand

DECEMBER 18, 2024

Table of Contents What is a Wire Transfer? What are the Different Types of Wire Transfers? How Does a Wire Transfer Work? How Safe Are Wire Transfers? What are the Disadvantages of Wire Transfers? Why Paystand is the Future of B2B Payments

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Wire Transfer Wire Wires B2B 52

EBizCharge

APRIL 25, 2024

Wire transfers and electronic funds transfers have been staples of financial transactions for decades, but various electronic transfer methods have emerged with the innovation in banking technology. What is a wire transfer? Wire transfers are particularly useful for urgent or high-value transactions. How do wire transfers work?

Wire Transfer 52

Wire Transfer Wire Wires Electronic Funds Transfer (EFT) 52

The Paypers

NOVEMBER 20, 2023

ThetaRay has partnered with Knox Wire in order to implement its AI-based AML transaction monitoring and sanction screening for the latter’s communication system.

Wire 56

Wire Wires AML AI 56

Finextra

AUGUST 6, 2024

Transak, a leading Web3 payments infrastructure provider, has officially launched wire transfers as a new payment method for US users to purchase cryptocurrencies.

Wire Transfer 52

Wire Transfer Wire Wires Cryptocurrency 52

Trade Credit & Liquidity Management

JUNE 24, 2025

The increase in limits has positioned RTP as a stable, reliable alternative to traditional wire transfers for high-value transactions, with large institutions like BofA demonstrating confidence in RTP’s security and reliability. FedNow’s higher transaction limit is expected to gain increased B2B acceptance and use as well.

Real Time Payments 52

Real Time Payments B2B RTP Volume 52

Fintech Finance

JANUARY 10, 2025

.” The Benefits of TCB Pays ACH Payment Solutions TCB Pays ACH services offer numerous advantages for businesses, including: Cost-Effectiveness: ACH payments are often cheaper than wire transfers or credit card transactions, helping businesses reduce payment processing fees Improved Security: TCB Pays advanced security measures protect sensitive (..)

ACH 105

ACH Credit Cards Wire Transfer ACH Processing 105

Fintech News

APRIL 21, 2025

Businesses can also process US dollar wire transfers to more than 170 countries and make payments in over 30 currencies, including USD, EUR, and CNY. The new solution provides access to local Automated Clearing House (ACH) systems in over 50 countries.

Business Payments 90

Business Payments Cross-Border Wire Transfer Payment APIs and Integration 90

Fintech Finance

FEBRUARY 10, 2025

This landmark payment from Computershare highlights the growing demand for higher value instant payments, providing a seamless alternative to traditional wire transfers and checks while improving liquidity management in todays fast-paced economy.

Transaction Limits 105

Transaction Limits Instant Payments RTP Transactions 105

The Nilson Report

JANUARY 17, 2025

The post American Express Agrees to Pay More than $138 Million to Resolve Wire Fraud Investigation appeared first on Nilson Report.

Wire 52

Wire Wires Posting Payroll 52

Paystand

NOVEMBER 14, 2024

Table of contents: What is an International Wire transfer? When is an International Wire Transfer Used? How Do I Receive an International Wire Transfer? International Wire Transfer Fees

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Wire Transfer Wires Wire 40

Paystand

MAY 21, 2024

However, two stand out regarding security, convenience, and cost-effectiveness: wire transfer and direct deposit. Online B2B payment platforms have the substantial advantage of offering customers many payment methods.

Wire Transfer 52

Wire Transfer Direct Deposit Wire Wires 52

Stax

APRIL 10, 2025

An ACH transfer is an electronic movement of funds from one bank account to another via the ACH (automated clearing house) network, while a wire transfer uses a secure network like SWIFT (Society for Worldwide Interbank Financial Telecommunication) or Fedwire (Federal Reserve Wire Network) to initiate the movement of funds.

Small Business 88

Small Business Wire Transfer BNPL ACH 88

Fintech News

APRIL 2, 2025

MariBank said it will support payments to Mainland China in Chinese Yuan through platforms such as Alipay, UnionPay, and wire transfers. SMEs will receive the full transferred amount with no extra charges, and the service is designed to support businesses that make larger transfers.

Wire Transfer 85

Wire Transfer Wire Wires Business Day 85

The Paypers

FEBRUARY 19, 2025

Lili has announced the launch of international wire payments in 27 countries, aiming to enable small business owners to grow beyond borders.

Wire 36

Wire Wires Small Business Payments 36

Trade Credit & Liquidity Management

JULY 9, 2025

companies with a unique capability: ensuring their vendor payments—whether domestic via ACH, wire payments, or international—are directed to the correct recipients.” . “Eftsure now offers international payment verification across Europe and the Asia-Pacific (APAC) region. This expansion empowers U.S.

NACHA 52

NACHA ACH ACH Network Nacha Operating Rules 52

The Fintech Times

NOVEMBER 16, 2024

MoonPay Balance also supports various payment methods, including SEPA , Faster Payments, and open banking , with plans to expand to more options in the future including ACH, Wire, and RTP.

Non-Bank 75

Non-Bank RTP Wire Wires 75

Fintech Finance

MARCH 26, 2025

This strategic milestone is significant for FV Bank clients as it expands inbound wire options alongside stablecoin-based payment rails. FV Bank , the U.S. ” With the SWIFT offering enabled as part of FV Bank’s suite of financial services, FV Bank now provides one of the most comprehensive banking solutions in the USA.

SWIFT 64

SWIFT Global Payments Cross-Border Payments Cross-Border 64

Trade Credit & Liquidity Management

JUNE 12, 2025

This innovation addresses a longstanding imbalance in money movement: while outbound payments have become nearly instantaneous, incoming payments have typically relied on slower methods like ACH and wire transfers, which are limited by batch processing and banking hours.

Request for Payment 52

Request for Payment RFP Same Day ACH RTP 52

Finextra

JUNE 26, 2024

Climate risk intelligence company Climate X has raised $18 million in a Series A investment round led by Google Ventures with support from by Pale blue dot, CommerzVentures, A/O, Blue Wire Capital, PT1, Unconventional Ventures and Western Technology Investment (WTI).

Wire 111

Wire Wires Risk Technology 111

Fintech Finance

JUNE 10, 2025

RTP network connectivity, these clients can take advantage of the full range of payment capabilities such as commercial card, ACH, wire and transactional FX solutions, in addition to the bank’s own innovations, Recipient Select and Digital Disbursements. Bank of America serves 94% of the Fortune 500 and 73% of the Global Fortune 500.

Real Time Payments 69

Real Time Payments RTP ISO 20022 Transaction Limits 69

PYMNTS

DECEMBER 18, 2020

The proposed limits for reporting digital transactions are $10,000 for non-wire transactions and $3,000 for wire transactions – the same as with cash. The rules effectively require financial institutions to report such digital transactions in much the same way they have been required to report cash transactions since 1970.

Treasury 141

Treasury Rules Bitcoin Ransomware 141

Finovate

JUNE 18, 2025

This method of funds transfer won’t rely on traditional rails like ACH, wires, or even FedNow. The bill will enable regulated stablecoins and essentially facilitate real-time settlement, 24/7 money movement, and programmable financial interactions.

Stablecoins 76

Stablecoins FinTech Legal Framework FedNow 76

VISTA InfoSec

MAY 12, 2024

To solve this problem, you must routinely inspect all POS hardware for signs of tampering, looking out for strange wires or additional devices attached to card readers or terminals. When used, these devices will collect payment details without the merchant’s knowledge, compromising customer data security.

PCI DSS 277

PCI DSS Security Compromise Best Practices 277

Fintech Finance

JUNE 25, 2025

Medius Payments, which builds upon the existing Medius Pay solution, supports multiple payment methods across the United States , Europe and the rest of the world, including ACH, SEPA, BACS, CHAPS, BankGiro, wire, checks, and virtual cards.

Automation 59

Automation Embedded Payments Payments Multi-Currency 59

The Payments Association

MAY 9, 2025

As financial crime evolves, correspondent banks must prioritise wire transfer transparency to meet global regulations and safeguard the financial system. This remains the global benchmark for wire transfer transparency. Inadequate oversight of wire transfer data played a significant role in the enforcement action.

Correspondent Bank 88

Correspondent Bank Correspondent ISO 20022 Wire Transfer 88

Fintech Finance

MARCH 6, 2025

1 They will also be able to take advantage of Lilis international wire payments with competitive pricing, along with bill pay and invoicing software, to pay employees and vendors and get paid by customers. Entrepreneurs will be able to manage the finances of their U.S-based 2 Additionally, non-U.S. Non-resident U.S.

Non-Bank 52

Non-Bank Small Business Wire Wires 52

Fintech Finance

SEPTEMBER 26, 2024

They can be delivered up to 4 days faster than FX (foreign exchange) wires, and up to 3 days faster than USD wires sent via BILL. Businesses pay no intermediary bank fees or wire fees for payments made in a vendor’s local currency. Exchange rates may apply.

Accounts 98

Accounts Wires Wire International Payments 98

PYMNTS

AUGUST 7, 2020

District Court for the Southern District of Florida with wire and bank fraud and conspiracy for seeking $24 million in forgivable PPP loans. They were charged with conspiracy to commit bank and wire fraud, bank fraud, wire fraud, false statements to a financial institution and money laundering. The defendants include Damion O.

Money Laundering 110

Money Laundering Wire Wires NOV 110