Tagged: cross border

November 20, 2019 @ 2:52 pm By Samantha Hurst  |  

Citi announced on Wednesday it has launched a new cross-border platform to help its multinational clients manage the complexities in collecting cross border business-to-business payments. According to Citi, Citi Global Collect will help multinational clients continue to extend their global reach. The financial group claims… Read More

October 16, 2019 @ 12:49 pm By Samantha Hurst  |  

Emolize Co., Ltd, a Korean cross-border mobile payment platform, announced on Wednesday it has expanded its global payment services through its mobile app, Payvil, to Hong Kong and Thailand in September 2019, with further expansion reaching about 16 countries by the end of 2019. The… Read More

September 23, 2019 @ 10:20 am By Samantha Hurst  |  

Western Union (NYSE: WU), announced on Monday it was expanding its real-time cross-border platform to accelerate international consumer, consumer-to-business and business-to-consumer payments to eligible accounts, cards, and digital wallets. “Globally recognized for daily cross-currency management and settlement via its vast retail network across 20,000 corridors… Read More

September 11, 2019 @ 12:38 pm By Samantha Hurst  |  

Mastercard announced on Wednesday it is teaming up with enterprise blockchain software provider R3 to develop and pilot a new blockchain-enabled cross-border payment solution. According to Mastercard, the solution will initially focus on connecting global faster payments infrastructures, as well as schemes and banks supported… Read More

March 28, 2019 @ 9:28 pm By Samantha Hurst  |  

U.S.-based independent mobile remittance company Remitly announced on Thursday it has teamed up with Visa to enhance its cross-border money transfer service.  Working together, Remitly and Visa are planning to provide the ability to send funds from the U.S. to eligible Visa debit cards across borders,… Read More

March 18, 2019 @ 10:05 am By Samantha Hurst  |  

Singel announced on Monday its Asian cross-border payment alliance, VIA, has expanded its footprint to Japan. According to Singel, NETSTARS, a Tokyo-based mobile payment technology company, will join VIA, adding its 100,000 stores to the network’s current 1.6 million merchant partners. Singel reported that users… Read More

March 11, 2019 @ 3:55 pm By Samantha Hurst  |  

Mastercard (NYSE: MA) announced on Friday it has entered into an agreement to acquire Transfast, a global cross-border account-to-account money transfer network, to continue the advancement of its cross-border capabilities. Mastercard reported thatTransfast will complement its wide range of payment solutions by increasing worldwide connectivity… Read More

October 24, 2018 @ 9:20 am By Samantha Hurst  |  

XTransfer, a China-based cross-border financial technology company dedicated to serving foreign trade B2B enterprises today announces it has secured a $10 million through its Series A funding round, which was led by China Merchants Group with participation from 01VC, Yunqi Partners and Gaorong Capital. Founded in 2017, XTransfer… Read More

July 16, 2018 @ 10:32 am By Samantha Hurst  |  

PPRO Group, a UK-based cross-border e-payment specialist, announced on Monday it secured $50 million through its latest investment round, which was led by PayPal with participation from Citi Ventures and return investor HPE Growth Capital. Founded in 2006, PPRO, which is an FCA authorized e-money institution, enables businesses to accept… Read More

July 12, 2017 @ 1:40 pm By JD Alois  |  

The European Crowdfunding Network (ECN) is reminding alternative finance industry types to complete the survey on cross-border crowdfunding and online lending (IE P2P lending, marketplace lending etc.).  The survey deadline is 12 Noon this Friday, July 14th. ECN seeks help in generating input for Capital… Read More

June 18, 2017 @ 12:50 pm By JD Alois  |  

The European Crowdfunding Network (ECN) has launched a survey dedicated to addressing the challenges of cross border transactions in the investment space. More specifically, the ECN is seeking input on cross border crowdfunding and online lending, including peer to peer / marketplace lending. The ECN… Read More