Tagged: cross-border payments

May 19, 2025 @ 7:07 am By Omar Faridi  |  

Ripple, the provider of digital asset infrastructure for financial institutions,  announced new clients in the UAE utilizing Ripple Payments. Ripple Payments employs blockchain, digital assets, and a global network of payout partners to “deliver reliable cross-border payments and on/off ramps for banks, crypto companies, and… Read More

May 12, 2025 @ 10:39 pm By Tony Zerucha  |  

EBANX, a global technology company specializing in payment services for emerging markets, has integrated UPI Autopay — the recurring payments feature of India’s instant payments system, Unified Payments Interface (UPI) — into its cross-border payments platform. Operating in India in a partnership with YES BANX, a private sector… Read More

May 10, 2025 @ 1:30 pm By Omar Faridi  |  

Canada’s payment landscape is undergoing a transformative shift, driven by technological innovation as well as collaborative efforts across the financial ecosystem. Two significant developments highlight this evolution: the ongoing progress of the Real-Time Rail (RTR) payment system and the vibrant discussions at the 2025 Payments… Read More

April 25, 2025 @ 1:28 am By Tony Zerucha  |  

VoPay, a provider of embedded financial technology, today announced the launch of its new Cross-Border Payments-as-a-Service solution. Built for software platforms and financial institutions, the white-label technology enables organizations to move money globally with full transparency, compliance, and real-time FX, without building their own cross-border infrastructure. Global… Read More

January 8, 2025 @ 7:06 am By Omar Faridi  |  

BRISKPE, a PayU-backed cross-border payment platform, has introduced a solution designed to meet the needs of MSMEs. This platform integrates account-to-account (A2A) transfers, card collections powered by PayU and PayPal, providing exporters, service providers, marketplace sellers and freelancers with “efficiency in managing international transactions.” By… Read More

December 27, 2024 @ 9:43 am By Omar Faridi  |  

Wise Platform noted that during the past year, they’ve expanded their global payments network and made some upgrades to their products, giving clients more ways to deliver better cross-border payment experiences. Wise Platform, a part of UK-headquartered Fintech Wise (LSE:WISE), expanded their direct connections to… Read More

October 20, 2024 @ 7:48 am By Omar Faridi  |  

Ripple, the provider of digital asset infrastructure, has recently announced a partnership with the International Rescue Committee (IRC), one of the humanitarian organizations helping people affected by crises to survive, recover and rebuild their lives. Ripple and the IRC will now aim to explore how… Read More

October 8, 2024 @ 8:39 am By Tony Zerucha  |  

This week, OwlTing Group, a global blockchain Fintech company, announced plans to implement Visa Direct solutions under a global agreement with Visa to provide real-time cross-border payments for individual and business customers. This agreement allows OwlTing to potentially reach more than 8.5 billion endpoints in… Read More

September 22, 2024 @ 9:16 am By Omar Faridi  |  

Swift and Wise  (LSE:WISE) says they will increase cross-border payment options for financial institutions and their customers, enabling payments sent via Swift to be completed over Wise with end-to-end transparency. Financial institutions seeking to innovate their offerings “will be able to route Swift payment messages… Read More

August 26, 2024 @ 10:29 pm By Omar Faridi  |  

Banking Circle, a fully licensed next-generation bank with central bank access, has entered a strategic partnership with Skydo, India’s cross-border payments platform for Micro, Small, and medium-sized Enterprises (MSMEs) and freelancers. The collaboration aims to support Indian businesses “operating globally by providing them with seamless, efficient and cost-effective… Read More

August 24, 2024 @ 7:33 am By Omar Faridi  |  

CBA and BNY announced that they are delivering near real-time cross-border payments. Through a new cross-border payments collaboration between Commonwealth Bank of Australia (CBA) and The Bank of New York Mellon (BNY), Australian businesses and individuals who “receive international payments from BNY’s customers may now… Read More

July 21, 2024 @ 6:56 pm By Michael Wong  |  

The Central Bank of the UAE (CBUAE) and Bank Indonesia (BI) have signed a Memorandum of Understanding (MoU) to enhance bilateral cooperation in payment systems. This agreement was formalized during a visit to the UAE by Indonesian President Joko Widodo. The MoU, signed by Khaled… Read More

July 14, 2024 @ 12:22 pm By Omar Faridi  |  

Cross-border payments are becoming increasingly important to international economies. Around 63% of global consumers use international real-time payments (RTPs) services to send money to family and friends and 51% use them only to pay for goods and services, according to the 2024 Financial Services Consumer… Read More

June 6, 2024 @ 9:56 am By Omar Faridi  |  

Nium, the global enabler of real-time cross-border payments, announced it has raised US$50 million in a Series E funding round. The investment round was led by “a sovereign wealth fund in Southeast Asia and values the company at US$1.4 billion post-money.” The sovereign wealth fund… Read More

April 24, 2024 @ 11:25 pm By Omar Faridi  |  

To accelerate its growth in the United States and its presence in the fast-expanding online gaming market, Thunes, a global cross-border payments company, is proud to announce that it signed a definitive agreement to acquire Tilia LLC, an all-in-one payments platform. Tilia is licensed in… Read More

January 28, 2024 @ 9:17 pm By Omar Faridi  |  

NayaPay, a financial platform, has partnered with Alipay+, a cross-border digital payments and marketing platform operated by Ant International. The collaboration between NayaPay and Alipay+ is set “to make a significant impact by deploying QR codes compatible with both RAAST and Alipay+ payment partners, including… Read More

January 11, 2024 @ 12:16 am By Omar Faridi  |  

Thunes, the global B2B cross-border payment company, is pleased to announce key changes to its executive leadership team. To further accelerate its growth, Thunes reportedly “appoints Floris de Kort as its new CEO. Peter De Caluwe has been promoted to Deputy Chairman focusing on strategy,… Read More

January 3, 2024 @ 8:41 am By Omar Faridi  |  

Dwayne Gefferie, a strategist helping payments companies with scaling operations, has commented on why he thinks UK Fintech Wise (LSE:WISE) and Revolut need to take HSBC‘s new initiative seriously. According to Gefferie, if HSBC‘s announcement of their new venture Zing teaches us anything, it is… Read More

December 23, 2023 @ 1:24 pm By Omar Faridi  |  

Layer2 Financial, a BaaS and payments infrastructure technology, is announcing a strategic partnership with Evita, a B2B cross-border payments solution specializing in large transactions. This collaboration marks a significant milestone in “the financial technology landscape, leveraging the strengths of both entities to streamline and optimize… Read More

December 7, 2023 @ 10:31 pm By Omar Faridi  |  

Currencycloud, the firm focused on simplifying business in a multi-currency world, has partnered with BriskPe, the Mumbai-based cross-border payments Fintech, in order “to expand BriskPe’s customers’ payment options.” The partnership will open up international business opportunities “for its India-based micro, small and medium sized enterprise… Read More