Tagged: Cross-Border Transactions

Visa, Currencycloud Introduce New Cross-Border Payments Solution

Visa Inc. (NYSE: V) and Currencycloud, the firm simplifying business in a multi-currency world, announces Visa Cross-Border Solutions, formerly known as Visa Treasury as a Service, delivering cross-border money movement solutions for banks, Fintechs, FX brokers, corporates, and other payment institutions. Visa Cross-Border Solutions reportedly… Read More

Corpay Cross-Border Introduces Payments GPS for Live Payment Tracking

Corpay, a FLEETCOR (NYSE: FLT) brand and global leader in business payments, is proud to announce that Corpay’s Cross-Border business has launched Payments GPS, a proprietary tracking technology that allows clients and partners to monitor payments in real time. Leveraging various technologies, “including SWIFT GPI… Read More

UK Fintech Atlantic Money Introduces Fixed Fee Global Transfers for Businesses

The provider of “fixed fee” international transfers, Atlantic Money, is now offering its service to businesses for the first time – shortly after its inaugural year of operation. Starting today, companies in 29 countries can “send up to one million pounds abroad at the current… Read More

Ant Group Expands Cross-Border Payments Services in Asian Games Support Initiative

In the countdown to the opening of the Asian Games, Ant Group is expanding multiple cross-border digital payment options for international travelers as the Official Prestige Partner of Asia’s largest sports event in 2023. As a native of Hangzhou, the host city of the Games… Read More

UnionPay International, Malaysian Payment Network PayNet to Support Cross-Border QR Interoperability

UnionPay International (UPI) and Payments Network Malaysia Sdn Bhd, or PayNet, Malaysia’s national payments network jointly signed an agreement in Shanghai in order to support “the cross-border QR code linkage and enable the full acceptance of the UnionPay App (Chinese-mainland, Hong Kong and Macao versions)… Read More

CBiBank, Visa to Streamline Cross-Border B2B Payments

Visa Inc. (NYSE: V) and CB International Bank (CBiBank) announce the launching of an innovative cross-border B2B payments solution for businesses worldwide. CBiBank has officially “joined the Visa B2B Connect platform, ushering in a new era of faster, more cost-effective, and secure B2B payment services.”… Read More

Fintech Bitwage Introduces Tether USDT on TRON, Aiming for Cost-Effective Crypto Payroll

Bitwage is pleased to announce the integration of Tether USDT via TRON network, marking another significant milestone in their journey “to deliver seamless cross-border and multi-currency services.” This addition to their stablecoin options “reaffirms their commitment to offering enhanced liquidity, efficiency, and convenience to our… Read More

Fintech Corpay Cross-Border Introduces Netting Manager to Automate Internal Invoice Settlement

Corpay, a FLEETCOR (NYSE: FLT) brand and global leader in business payments, is pleased to announce that Corpay’s Cross-Border business has launched Netting Manager, a comprehensive solution that streamlines and automates the settlement process of internal invoices for corporations with global subsidiaries. Netting Manager allows… Read More

Currencycloud, which Streamlines Financial Transactions in a Multi-Currency Environment, Partners with Malaysia’s GAT Investment Bank

Currencycloud, which claims to be the expert team simplifying business in a multi-currency world, has partnered with Malaysia-based GAT Investment Bank in order to launch GAT Money, an app offering an alternative solution to new clients who “need a global banking solution which offers access… Read More

Philippines: Personal Remittances Reach $2.8B in May 2023; YTD Growth at 3.1%

Bangko Sentral ng Pilipinas (BSP) reports that personal remittances from Overseas Filipinos (OFs) reportedly “reached US$2.78 billion in May 2023, higher by 2.9 percent than the $2.70 billion registered in the same month last year.” The increase in personal remittances in May 2023 was “due… Read More

UK Fintech Atlantic Money Facilitates £160M in Transfers, £750K in Savings, Announces Support for Indian Rupee

Atlantic Money, the provider of fixed fee international money transfers, marks its one-year anniversary by releasing its inaugural company figures. The fintech has achieved significant milestones “in both transfer volume and cost savings, solidifying its position in the market.” During its first year of operation,… Read More

Acquired.com, Cross-Border Payment Provider Finaro to Expand Merchant Acquiring Services

Finaro, the global cross-border payment provider, and UK payments specialist and payment initiation service provider Acquired.com, announced a partnership that will enable Acquired.com (a member of the Quint Group) “to offer its customers Finaro’s tailor-made brilliantly simple acquiring services.” Through this collaboration, Acquired.com customers will… Read More

Global Fintech Wise Shares Trading Update, Company Reports Solid Start to the Year with Steady Business Growth

Global Fintech Wise plc (LSE:WISE) has shared its latest Q1 FY24 trading update, noting that the firm is now off to a good start to the year “with continued strong customer growth.” As noted in a release, Wise reports the following key results: 33% YoY… Read More

Stablecoin Adoption: Value of Payment Transactions with Stablecoins to Exceed $187B Globally by 2028, Report Claims

A study from Juniper Research, the researchers focused on emerging payments, have found that the value of payment transactions powered by stablecoins “will exceed $187 billion globally by 2028, up from $53 billion in 2023.” The study found that stablecoins are “making rapid progress in… Read More

Latin America: Fintechs EBANX, Nubank to Leverage NuPay for Cross-Border Digital Commerce

EBANX, a global fintech specializing in payments for rising markets, and Nubank, one of the world’s largest digital financial services platforms, announced a partnership to offer a new alternative payment method for international purchases, NuPay, a payment method developed by Nubank (NYSE: NU). The partnership… Read More

Cross-Border Payments: RTGS.global Partners with Banks to Streamline International Payment Options

RTGS.global, the Financial Market Infrastructure (FMI) streamlining cross-border settlements, has signed “landmark” pilot agreements with two innovative banks as momentum builds in emerging markets for its settlement service. MDO Humo in Tajikistan and Credo Bank in Georgia are the progressive institutions that will run pilots… Read More

Global Consortium Completes Cross-Border Quantum-Secure Digital Trade Transaction

An international consortium of industry and technical experts, supported by government, business and other organizations have “completed the world’s first quantum-secure cross-border electronic trade document transaction, delivering a verifiable, secure, and legally recognizable solution for future digital trade transactions. This significant step forward in the… Read More

AI-Enhanced E-Commerce Compliance Firm Eurora Appoints James Doyle to Lead Entry to Latin America

Eurora Solutions, a provider of AI/ML-backed cross-border e-commerce compliance platform, announces the appointment of James Doyle as CEO of its Latin American (LATAM) operations, marking Eurora’s strategic entry to the world’s fastest-growing retail e-commerce region. As noted in the update shared with CI, LATAM saw… Read More

Fintech Keeta Introduces Cross-Border Payments Platform Backed by Eric Schmidt, Others

Keeta, a new global payments platform offering instant and secure cross-border monetary transactions, announced its official launch with $17 million in funding from investors, including Eric Schmidt and Steel Perlot Management, LLC. Powered by a “highly scalable” proprietary ledger technology, capable of processing more than… Read More

Fintech Thunes, Rawbank to Enable Global Mobile Money Transfers

Global cross-border payment infrastructure company Thunes and Rawbank, the bank in the Democratic Republic of Congo (DRC), announced a partnership “to facilitate cross-border transaction flows between the DRC and the rest of the world through illicocash.” By partnering with Thunes, Rawbank now “becomes the first… Read More

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